Eldora lawsuit

[HoosierDirtFan]

STRAIT FROM THE ELDORA SPEEDWAY FACEBOOK PAGE.
NEWS: Disqualified drivers withdraw lawsuit, case dismissed by Federal Court.

2017 ticket renewals begin today.

[SprintFun]

EldoraSpeedway @EldoraSpeedway 11m11 minutes ago
NEWS: Disqualified Drivers Withdraw Lawsuit; Case Dismissed By Federal Court

Their link to the press release isnt working right now...

[Zero2Hero]

Man this thread was a waste. Thanks for a good read guys!! lmao

[fireplug]

I always wondered how all that huge 50/50 was handled.......tax wise.

Figured it would have something to do wth the gaming commission but never was real sure.

The Legend I had heard over the years was that Earl ran a 50-50 to supplement the driver's point fund. After a big Winner's share, the Feds stopped by and mentioned that you have to be a 501 C3 non-profit to run a game of chance plus you can't do that in conjunction with a liquor license unless you are a casino licensed to do same. Today at Eldora you see local fire and EMS, athletic boosters, etc., running the 50-50's. Good for them, good for the crowd. Betting they are 501 C3's that issue a 1099 to the winner.

Not a lawyer but I played one on TV.

[calverton]

the lawsuit is not completely done they re moving to different venue my is source DirtonDirt

[a25rjr]

Dang!! No old fang posts! How can this thread survive???

You spoke too soon! lol

[Clayton_Wetter]

You spoke too soon! lol

Yes I sure did!!!