Quote:
|
It depends on how you look at the pudding. I'm an accountant myself and in most deals like this, the acquiring party leaves what they dont want to pay for with the original owners. Just a thought.
|
Maybe in fire sale or under other circumstances. But the NHRA held all the cards on this one. They were already very profitable. The didn't have to, or need to sell. It was purely their choice, the time was right and 100 + million was just too hard to say no to. And they kept their cash cow. The sportsman is just too easy to make $ from. No advertising to mess with, no large crowds to deal with, no 300 mph insurance liability. No P.R.O. organization to answer to. No tracks to own and keep up. No crew for all the fancy VIP tents and National event workings. No...........the list goes on.
Just bring your trailer and fuel checker to whatever track will pay for a divisional, take in tons of $$$....pay out squat. Most accountants dream come true.
Get ready to take another round of enhancements.
Squeeze on 'ol holy ones..............
Mike ( madness & ) Mayhem