Share |
DragRaceResults.Com    Bracket Talk    Bracket Talk Forum  Hop To Forum Categories  General Discussion - by FTI    new owner for next year of NHRA?
Page 1 2 
Go
New
Find
Notify
Tools
Reply
  
new owner for next year of NHRA?
 Login/Join
 
DRR Trophy
posted Hide Post
quote:
Originally posted by Joe Burkleo:
Bruton Smith was interested at one time. That's just pocket change for him.

The not for profit tax status may be his biggest benefit. The tax savings of running Speedway Mortosports under the NHRA banner could very well make up for the cost of the purchase in very short order.

Most major sports organizations including NFL and MLB are also not for profit non tax paying organizations. Most major sports organizations including NFL and MLB are also not for profit non tax paying organizations.


MLB gave up its non-profit status in 2007, NFL in 2014. NBA has never been non-profit. And, while MLB and the NFL as overarching entities were registered as such, the individual teams have ALWAYS been private, for-profit businesses (except the Green Bay Packers which are publicly owned).
 
Posts: 39 | Location: Imperial, CA | Registered: September 12, 2013Reply With QuoteReport This Post
DRR S/Pro
Picture of Michael Beard
posted Hide Post
^^^^ Beat me to it.


__
Michael Beard - staginglight@gmail.com
Staging Light Graphic Design & Printing

Loose Rocker Promotions
St. Patrick's Classic / BIGFOOT Classic / Super Doorcar Challenge
Colonial Classic / American Doorslammer Nationals / Fall Footbrake Frenzy
www.looserocker.com
 
Posts: 5256 | Location: Columbus, OH | Registered: December 15, 1999Reply With QuoteReport This Post
  Powered by Social Strata Page 1 2  
 

DragRaceResults.Com    Bracket Talk    Bracket Talk Forum  Hop To Forum Categories  General Discussion - by FTI    new owner for next year of NHRA?

© DragRaceResults.com 2018