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Old 01-22-2011, 05:46 AM   #1
Toby Lang
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Default Re: The IRS and NHRA, you gotta see this.

Well, BN might not be the anonymous client, but I would bet he knows who is. He has been saying something is in the works for a long time. I thought it was well known.

Here's a couple posts I found:

Quote:
Originally Posted by Jack Matyas View Post
Bruce -- The way I see it is that it doesn't matter which of us is right as there are only two facts that are important right now -- the first is that the "new" cars are here to stay and the second is that the NHRA isn't about to back down and make serious changes to the current HP as you have suggested -- so here's the dilemma -- which do YOU need more -- a "new" car or a new sanctioning body ....................At some point you must realize that you can beat the drum as loud as you want but no one is coming .................
Quote:
Originally Posted by Bruce Noland View Post
Jack,
It takes a little time to develop remedies for situations like this one. We have more options than you offer. There is a fully developed thrid option that will soon make it's way through the proper channels. It has taken 14 months to put it together with very little expense. You'll probably hear about it by the end of the year.

-Toby
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Old 01-22-2011, 07:32 AM   #2
alan r caraway
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Default Re: The IRS and NHRA, you gotta see this.

All i have to say is YOU REAP WHAT YOU SOW wonder what the harvest will be?
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Old 01-22-2011, 09:04 AM   #3
Ed Wright
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by alan r caraway View Post
All i have to say is YOU REAP WHAT YOU SOW wonder what the harvest will be?
Yes, for NHRA and us racers.
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Old 01-22-2011, 10:08 AM   #4
sscott
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Default Re: The IRS and NHRA, you gotta see this.

Has the NHRA made a statement yet?
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Old 01-22-2011, 11:23 AM   #5
Alan Roehrich
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by sscott View Post
Has the NHRA made a statement yet?
The only public response NHRA has made can be found in this article:

http://www.competitionplus.com/drag-...hra-tax-status
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Old 01-22-2011, 12:24 PM   #6
A100
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Default Re: The IRS and NHRA, you gotta see this.

Have you ever wondered what racing would look like if the LGC gang had been able to cash out with the sale of NHRA Pro to HD? The gang figured out how to sell something they didn't own.

May their greed cause their demise.

It will be attempted again if the IRS doesn't make something happen first.

Last edited by A100; 01-22-2011 at 12:27 PM.
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Old 01-22-2011, 12:35 PM   #7
Alan Roehrich
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by A100 View Post
Have you ever wondered what racing would look like if the LGC gang had been able to cash out with the sale of NHRA Pro to HD? The gang figured out how to sell something they didn't own.

May their greed cause their demise.

It will be attempted again if the IRS doesn't make something happen first.

See, there is a perfect example of how NHRA is NOT being operated as a 501(c) non profit organization.

NHRA was a runaway train, hurtling toward the end of the spur, and dragging sportsman racing with it. OUR part of NHRA was on a disastrous road to the end game.

Of course, everyone could have stood by and watched it all happen, and then when the end came, complain because it happened.
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