Kevin Weaver/Jimmy John's

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  • Mindwalker
    Banned
    • Nov 2017
    • 2507

    #16
    This good tax man, is he from Wisconsin and only asks a buck ninty eight for his services?

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    • Cardirt0
      Banned
      • May 2007
      • 5271

      #17
      Originally posted by Mindwalker View Post
      This good tax man, is he from Wisconsin and only asks a buck ninty eight for his services?
      Thats Him.

      Comment

      • Krooser
        Senior Member
        • Nov 2012
        • 3117

        #18
        He also owns the local $1.98 Beauty Contest franchise... Now back to more stuff.
        Member of the Luxemburg Speedway Hall of Fame
        Class of 2019

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        • Uncle Rico
          Member
          • May 2007
          • 41

          #19
          Originally posted by dirty-white-boy View Post
          First off, I love Kevin Weaver. But why does Jimmy John's come back and give him money? I am not a Harvard grad but wouldn't it make more sense to give it to a Lucas driver that gets TV coverage and is a top national touring team?
          Nice to see a big company willing to sponsor both NASCAR and a regional dirt racer. Auto racing in general needs more of this. Kevin consistently runs tracks that are in the back yard of the Jimmy John's HQ. Can't be a bad thing.

          Comment

          • Bubstr
            Senior Member
            • Feb 2008
            • 3734

            #20
            There is no free lunch. The advertisement costs money. It may drop you a tax bracket on your taxable income, or it may not, if your not close. The only way it costs nothing, is if every one that sees Kevin's car, buys a couple sandwiches every week.

            Had this conversation with a friend, who is a partial sponsor. He has his corporate name on the car, but not the retail name. There was no way the market could give him a return on his ad investment. The fans don't know who and where to buy. The money he gives away, costs him and there is no chance of any coming back. Not chump change, this can run 10k a year. If he didn't give this money to that driver, he could put it in his pocket. He would only be paying 8% tax on it, when done and avoid paying personal income tax by claiming it was spent on corp cost. Entertainment or corp wheels. He said he gave the money to him, because he liked him, but if the racer promoted for him, he might be able to give more.

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            • Mindwalker
              Banned
              • Nov 2017
              • 2507

              #21
              Originally posted by Krooser View Post
              He also owns the local $1.98 Beauty Contest franchise... Now back to more stuff.
              Hi Rip!! Yeah stuff...

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              • TackyTracker
                Senior Member
                • May 2007
                • 5316

                #22
                just glad Weaver is racing.. kudos to JJ for sponsoring again

                Comment

                • Hollis
                  Senior Member
                  • Dec 2012
                  • 689

                  #23
                  Originally posted by Uncle Rico View Post
                  Nice to see a big company willing to sponsor both NASCAR and a regional dirt racer. Auto racing in general needs more of this. Kevin consistently runs tracks that are in the back yard of the Jimmy John's HQ. Can't be a bad thing.
                  Couldn't agree with you more.

                  Comment

                  • Highside Hustler25
                    Senior Member
                    • Nov 2009
                    • 12951

                    #24
                    Glad Kevin got this much needed help. Enjoy the ride folks. His career is winding down for sure. Amazing what he can do with a single car trailer and volunteer help. Sure would like to see him add 1 more big race to his resume.
                    8/13/16

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                    • Mindwalker
                      Banned
                      • Nov 2017
                      • 2507

                      #25
                      Always wished to see the b12 with a globe on top of it.

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                      • Mindwalker
                        Banned
                        • Nov 2017
                        • 2507

                        #26

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                        • ThebigE
                          Senior Member
                          • Nov 2014
                          • 391

                          #27
                          Originally posted by Cardirt0 View Post
                          Dont cost JJs a thing they wright it off as Adverting.
                          Yes, it's a write off, but it still costs them. If it didn't cost them a thing then every company / business would have their name on a racecar. Not sure why some people think when a company has a "write off" it doesn't cost them?

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