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Old 04-16-2017, 09:21 PM   #5
House of Darts
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Join Date: Mar 2007
Posts: 346
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Default Re: The Future Of Stock

Stock Eliminator keeps changing. Cars go faster. Cars get more expensive. Costs more money to race with little payback.Turn S SS to NMCA? NHRA with higher round payouts and or car win payouts? More contingencies with cash not merchandise? New President and maybe some help.... You can declare yourself as a gambler and deduct you losses. This is an actual federal law. Change the tax code to allow racers, must race X amount of races per year to qualify, and the racer get to deduct from gross income 50% of their yearly race expenditures. Low payouts, contingencies, etc are problems of the past. With SEMA figures, the auto racing industries contribute big dollars to the economy. Now, massage the rules to allow substitution of parts and you have opened the door to new blood. Clear up the crazy rules. One day tech and qualifying. One day eliminations. Many problems solved.
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