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Old 10-30-2014, 12:00 PM   #1
Myron Piatek
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Post Re: Strange Engineering/NHRA dispute

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Originally Posted by njk53 View Post
Just like many successful businesses, the NHRA has grown significantly over the years and with that growth comes more employees and related operational expenses. If they cannot meet those expenses through event ticket sales, memberships, and race car fees they have to get creative as a means of meeting their financial obligations. That is the most likely reason their sponsorship program is set up the way it is. Unfortunately, they have chased away some pretty good sponsors.
Sounds like the airline industry and their various little fees.
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Old 10-30-2014, 05:02 PM   #2
buzzinhalfdozen
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Default Re: Strange Engineering/NHRA dispute

Quote:
Originally Posted by njk53 View Post
Just like many successful businesses, the NHRA has grown significantly over the years and with that growth comes more employees and related operational expenses. If they cannot meet those expenses through event ticket sales, memberships, and race car fees they have to get creative as a means of meeting their financial obligations. That is the most likely reason their sponsorship program is set up the way it is. Unfortunately, they have chased away some pretty good sponsors.

On another note, I was told that all racers in the pro ranks do not have to pay admission to any of the NHRA events, is this true?
OK ,so who's business plan is this....let's grow the organization, oh wait a minute how are we gonna pay for it? This has played out in every city near us...all new schools, busses more teachers then WHAM OMG we need another levy passed, please support the schools. Same plan different wrapper.
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Old 10-30-2014, 05:45 PM   #3
Adger Smith
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Default Re: Strange Engineering/NHRA dispute

To add to what Joe said:
The operational policies of NHRA were set up way before any of the economy crunches hit or their growth demanded more people. One of the problems is the lopsided salaries some of the execs and past execs get. Most of the board is way over paid. Someone said there are a couple of double dippers, too. If you have ever seen any of their tax returns you could understand they are set up on Greed.
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Old 10-31-2014, 12:36 AM   #4
Scott Creed
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Default Re: Strange Engineering/NHRA dispute

Companies are better off sending some product and a hoodie to the guys on Street Outlaws. Way better exposure.
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Old 10-31-2014, 08:45 AM   #5
njk53
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Default Re: Strange Engineering/NHRA dispute

It always seems with large organizations both public and private the more cash coming in, the more the people running the show help themselves to the goodies. There are executives here in Wayne County, (Detroit) that gave themselves a sweetheart deal where they get more money in retirement pension than they received in salary when they worked. This type of nonsense is what gets organizations in trouble. So what do they do, they charge more in taxes or for the products they sell. Wayne County at the moment is in big financial trouble.
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