How to make Sportsman Racer's Happier - Page 2

B Parker · 02-01-2023, 07:36 PM

Billy not that this has anything to do with drag racing but it shows what others are willing to pay. When Roger Goodell's contract was up the last time. I said if they listed that job for about 5 million they would have a line 5 miles long with people just as qualified or more than him. The NFL owners pay him 63.9 million plus perks. Crazy I'd do it for a few million less BP

Alicia · 02-02-2023, 09:35 AM

NHRA 2019 Tax Return

Summary of additional years' returns

I'm no accountant but going from 90M+ in revenues for prior years to 39M in 2020 probably causes some puckering.

Billy Nees · 02-02-2023, 09:47 AM

They bounced back pretty well in 2021.

No, they didn't. My bad.

J.R. Haddad · 02-02-2023, 10:40 AM

I don't have returns prior to 2011 or after 2020, but in that period they
lost approx. 15.5 million. I don't know of a corporation that a) can lose
that type of money given their regular or average net profits, or b) I would
be tickled if I delivered that performance and got to keep my very good
paying job. I don't know what it takes to run that company, but I know they
have a very loyal client base, that will takes price increases with the normal
complaining expected, but stands up and pays whatever the charges are.
It would be interesting to see their operating report, to see profitability of
National vs. LODRS for a given year, and then break it down by class. If
a class does not pays it own way, then a change would have to be made.
I think transparency would help us understand the challenges of running the association, and we might even have some ideas that could make serious financial improvements. There are some very smart and successful racers who could help. Our goals are the same, we need a strong and successful association. J.R.

Mike Gray · 02-02-2023, 11:54 AM

Maybe the suits should have to go out and get 8 grade points a year to keep their jobs.

02-01-2023, 07:36 PM	#11
B Parker Senior Member Join Date: Sep 2009 Posts: 847 Likes: 952 Liked 2,334 Times in 463 Posts	Re: How to make Sportsman Racer's Happier Billy not that this has anything to do with drag racing but it shows what others are willing to pay. When Roger Goodell's contract was up the last time. I said if they listed that job for about 5 million they would have a line 5 miles long with people just as qualified or more than him. The NFL owners pay him 63.9 million plus perks. Crazy I'd do it for a few million less BP

02-02-2023, 09:35 AM	#12
Alicia Junior Member Join Date: May 2010 Posts: 37 Likes: 239 Liked 138 Times in 23 Posts	Re: How to make Sportsman Racer's Happier NHRA 2019 Tax Return Summary of additional years' returns I'm no accountant but going from 90M+ in revenues for prior years to 39M in 2020 probably causes some puckering. __________________ Alicia www.draginsights.com

02-02-2023, 09:47 AM	#13
Billy Nees VIP Member Join Date: Oct 2002 Location: On a hilltop in Pa. Posts: 4,473 Likes: 3,564 Liked 7,595 Times in 1,718 Posts	Re: How to make Sportsman Racer's Happier They bounced back pretty well in 2021. No, they didn't. My bad. __________________ Billy Nees 1188 STK, SS I'm OK..........it's everybody else. Last edited by Billy Nees; 02-02-2023 at 10:37 AM.

02-02-2023, 10:40 AM	#14
J.R. Haddad Senior Member Join Date: Jun 2012 Posts: 774 Likes: 897 Liked 1,430 Times in 302 Posts	Re: How to make Sportsman Racer's Happier I don't have returns prior to 2011 or after 2020, but in that period they lost approx. 15.5 million. I don't know of a corporation that a) can lose that type of money given their regular or average net profits, or b) I would be tickled if I delivered that performance and got to keep my very good paying job. I don't know what it takes to run that company, but I know they have a very loyal client base, that will takes price increases with the normal complaining expected, but stands up and pays whatever the charges are. It would be interesting to see their operating report, to see profitability of National vs. LODRS for a given year, and then break it down by class. If a class does not pays it own way, then a change would have to be made. I think transparency would help us understand the challenges of running the association, and we might even have some ideas that could make serious financial improvements. There are some very smart and successful racers who could help. Our goals are the same, we need a strong and successful association. J.R.

02-02-2023, 11:54 AM	#15
Mike Gray Senior Member Join Date: Oct 2006 Posts: 610 Likes: 304 Liked 679 Times in 193 Posts	Re: How to make Sportsman Racer's Happier Maybe the suits should have to go out and get 8 grade points a year to keep their jobs. __________________ Mike 7570 A/SA