Erica pulls out of Sonoma & Seattle

[FireSale]

Originally Posted by FINESPLINE

And I guess you believe the politicians and the news that the economy is getting better by the day. There is not a lot of corporate money available to fund the high end racers. If you don't have it to front the effort , you can't write it off.

What I mean is that money spent by a company on name bearing racing operations is a tax deduction as advertising expenses. IE: Lowes and Dewalt in NASCAR. The cars are billboards. If Elite, Summit and Jegs don't write off some of their racing expenses then they need new accountants.

Dale