Nhra selling calif headquarters - Page 2

race watcher · 05-20-2021, 12:00 PM

This is an example of reacting to a situation rather than acting. I have been reading for a few years that there have been suggestions to relocate. Now that there is a crisis there is some movement. There has to be at least one of the management team that could have started this action before the fact. Did they not see the teams relocating? Did they think Don Schumacher Racing has made the move for any reason other than logistics? Same with Force. Change is very hard but has to take place.

Mike Schwartz · 05-20-2021, 01:19 PM

It made sense to have their headquarters in SoCal when there were 15-something tracks in the state and seven Nationals all year. I remember the picture of that building in the 1970's rule books. I hadn't noticed there was a warehouse extension until now.

BigBlockBill · 05-20-2021, 02:12 PM

Quote:

Originally Posted by GUMP

As a business move, I don't understand the logic of selling the building and then leasing half of it back. Why not just lease half of the building out for long term NHRA income?

It only makes sense when looked at through tax codes, both Federal and State.

nickh · 05-20-2021, 03:47 PM

Wonder if they got a PPP Loan?

Jared Jordan · 05-20-2021, 03:48 PM

Anyone need a 64 Dodge?

Feels like I’m not going to have an available NHRA race in California by the time I get it back together. 😒

Frank Castros · 05-20-2021, 07:01 PM

Quote:

Originally Posted by Jared Jordan

Anyone need a 64 Dodge?

Feels like I’m not going to have an available NHRA race in California by the time I get it back together. 😒

Sounds like an opportunity for a big bucks "independent" race(s) at Las Vegas (?) for the D5-6 & 7 contestants.

05-20-2021, 08:12 PM

Quote:

Originally Posted by Jared Jordan

Anyone need a 64 Dodge?

Feels like I’m not going to have an available NHRA race in California by the time I get it back together. 😒

Same Boat Jared.

But now we have a double N.O at Sac and Fallon... So they could have pulled off a divisional?? ..

John Winslow Jr · 05-20-2021, 08:22 PM

Very frustrating out here

ken robinson · 05-22-2021, 10:35 AM

With the trend of working from home its a no brainer to sale a building in CA. Move a couple of desks and file cabinets to a room in the towel at indy . If the head brass doesnt what to relocate just work from home or dont let the door hit you in the ***** . They would sale a race track in a heart beat but god forbid CA property . To bad they are not elected to positions my members . Or there pay reflexes there bottom line then you see some creative actions .

Greenlight · 05-22-2021, 07:55 PM

Salary of top brass from 2018 IRS return.

https://imgur.com/E4XUP19

05-20-2021, 12:00 PM	#11
race watcher Junior Member Join Date: Nov 2006 Posts: 50 Likes: 5 Liked 1 Time in 1 Post	Re: Nhra selling calif headquarters This is an example of reacting to a situation rather than acting. I have been reading for a few years that there have been suggestions to relocate. Now that there is a crisis there is some movement. There has to be at least one of the management team that could have started this action before the fact. Did they not see the teams relocating? Did they think Don Schumacher Racing has made the move for any reason other than logistics? Same with Force. Change is very hard but has to take place.

05-20-2021, 01:19 PM	#12
Mike Schwartz Senior Member Join Date: Feb 2006 Location: Maryland USA Posts: 526 Likes: 123 Liked 239 Times in 83 Posts	Re: Nhra selling calif headquarters It made sense to have their headquarters in SoCal when there were 15-something tracks in the state and seven Nationals all year. I remember the picture of that building in the 1970's rule books. I hadn't noticed there was a warehouse extension until now.

05-20-2021, 03:47 PM	#14
nickh Senior Member Join Date: Sep 2010 Location: Houston,Texas Posts: 798 Likes: 3,176 Liked 574 Times in 176 Posts	Re: Nhra selling calif headquarters Wonder if they got a PPP Loan?

05-20-2021, 03:48 PM	#15
Jared Jordan Senior Member Join Date: Jun 2004 Location: Modesto, CA Posts: 608 Likes: 188 Liked 498 Times in 114 Posts	Re: Nhra selling calif headquarters Anyone need a 64 Dodge? Feels like I’m not going to have an available NHRA race in California by the time I get it back together. 😒 __________________ Jared Jordan 9 B/SA 2024 Jeg's D7 All Star - Stock

05-20-2021, 08:22 PM	#18
John Winslow Jr Member Join Date: Sep 2006 Location: Prunedale Ca Posts: 183 Likes: 506 Liked 380 Times in 76 Posts	Re: Nhra selling calif headquarters Very frustrating out here

05-22-2021, 10:35 AM	#19
ken robinson Member Join Date: Dec 2001 Location: tomsriver nj Posts: 470 Likes: 70 Liked 203 Times in 82 Posts	Re: Nhra selling calif headquarters With the trend of working from home its a no brainer to sale a building in CA. Move a couple of desks and file cabinets to a room in the towel at indy . If the head brass doesnt what to relocate just work from home or dont let the door hit you in the ***** . They would sale a race track in a heart beat but god forbid CA property . To bad they are not elected to positions my members . Or there pay reflexes there bottom line then you see some creative actions .

05-22-2021, 07:55 PM	#20
Greenlight Member Join Date: Dec 2004 Posts: 214 Likes: 15 Liked 79 Times in 22 Posts	Re: Nhra selling calif headquarters Salary of top brass from 2018 IRS return. https://imgur.com/E4XUP19