Len Imbrogno.....Seriously now

[LNorton]

Tim, On paper it is a legal, because they are only selling the "assets" of the company.

Larry, Very true, and I can understand where everyone is coming from. We dont deserve a penny of the money because we didnt do much to earn that penny. Which car are you gonna stick Nicole in? How bout the Mustang? I might even make a venture down the H this year if we have enough arse to be competetive heads up.

Mike, You probably misread my old post. I didn't say the statements didnt exist, what I stated was that an Income Statement does not. When you get down to it the 501c does not generate a "profit", but they can take the revenues and invest them to create more funds for the organization. There is no one individual that will pocket the money from the transaction, but the organization can use it to better itself. And that is exactly what I would like to see, a more solid foundation within NHRA before we start worrying about round money. Round money is nice, but if I wanted to make money I can do that at my local track. Made a decent profit racing in street at Motor Mile 2 years ago when we didnt have a car put together.

So basically all I am saying is that you need to have your facts straight before you start getting into it. And what is so wrong about wanting the rules to be enforced correctly, and the classes more equal before wanting more round money. End the end it is supposed to be fun. If it wasn't fun I would just go fishing instead.

Lee Norton
I/PS '02 Firebird 231 V6