Quote:
Originally Posted by FireSail
At 16 races per year that's 1.2 million per season, which is about right. That's a tax write off to some degree for a sponsor.
Dale
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IF you have a sponsor who can "write it off". All a "write off" does is lower your taxable income, you are taxed on that much less. It's not like you get that amount back in your pocket somehow.
If your racing on your own dime......
And, since the Freeman family pretty much races out of their own pockets, they do not "owe" it to anybody to show up for a race.