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Old 06-06-2007, 12:39 PM   #25
Mike Mayhew
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Join Date: Feb 2004
Location: Savannah Ga.
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Dwight, I'm sorry I don't have time to cut and paste off of the Offilcial IRS website what I'm about to say, but I will later if you'd like.
But threre are several different types of 501c's. 501's for political parties have many different rules and codes than the 501 we're talking about.

But once again, my original thought about this is being twisted.
I will say again......I AM NOT ASKING FOR ANY OF THE 100 MILION DOLLARS !!!!!!!!

I am pointing out that it was RACERS that built the NHRA in to what it is today. Racers before me, but I've spent a ton since I've been racing.

The undisputable fact at the present time is :
There will be 4-10 million dollars off of interest and investement EXTRA revenue coming in from now to infinity. ( unles they are REALLY bad investers )

The racers deserve as I mentioned............a better racing environment, if economically feasable to do so.
From all the e-mails I'm gettin, no one can figure out why ANY racer would be against this. I can't figure it out either.

Ok I AM going to work now.

Mike ( madness & ) Mayhem

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