You know what makes a race car cheaper?

[hucktyson]

The problem is simple .... the people who have successful businesss that they illegally bleed their racing money from ,who don’t care how much money they burn don’t want to see any changes. The problem is that those people are very rare . So should the rules cater to them or to the majority of race teams ? Fans cry about small car counts , fans cry if tracks aren’t wide open with cars flipping every race . We can reduce the need for massive power with a few simple changes but the people willing to buy an advantage obviously scream like they are being murdered if any changes are proposed

[Stefan2k4]

the people who have successful businesss that they illegally bleed their racing money from

Illegal? You got proof of that? Before you go accusing people of breaking the law, you need to have some proof. Just who are you accusing of breaking the law and what's your evidence to support that claim?

If you're talking about sponsorship, advertising and PR campaigns have always been a legitimate business expense and big time racing has been dependent upon that for many many decades.

The question here is what level are we talking about. It's just like baseball, you have the minor leagues, then you have the major leagues. If you can't afford to compete in the major leagues, then you compete in the minor leagues. That's just the way it is. For example if I wanted to play some baseball, I could not call up the LA dodgers or Boston Red Sox and demand they allow me to play for them in their world series game this evening. Why? Because I'm not a professional baseball player and don't meet the requirements to compete on that level. On the other hand, if I want to go out in the front yard and toss a baseball around with the neighborhood kids, I can certainly do so. The bottom line is you compete at the level you are capable of. If you can't afford to compete at the top level, you have no right to demand that the top level be dumbbed down to allow you to do so!

[RaceEngineer]

Illegal? The question here is what level are we talking about. It's just like baseball, you have the minor leagues, then you have the major leagues. If you can't afford to compete in the major leagues, then you compete in the minor leagues. That's just the way it is. For example if I wanted to play some baseball, I could not call up the LA dodgers or Boston Red Sox and demand they allow me to play for them in their world series game this evening. Why? Because I'm not a professional baseball player and don't meet the requirements to compete on that level. On the other hand, if I want to go out in the front yard and toss a baseball around with the neighborhood kids, I can certainly do so. The bottom line is you compete at the level you are capable of. If you can't afford to compete at the top level, you have no right to demand that the top level be dumbbed down to allow you to do so!

What we are talking about would be say the Buffalo Bills and Cleveland Browns being priced from the NFL. We are talking about folks who "belonged in the big leagues" not belonging now. I don't see your argument being an apt comparison at all.

[hucktyson]

Have you ever been audited ? I have 5 times in 19 years. The IRS would have an absolute field day with these guys claiming 3,4 500k in “ advertising “ expenses on money donated to their personal
Hobby lol. Donating the money to someone else’s hobby is legit donating it to your own hobby is not . But hey fella I can care less what you do. To your comment why have any rules at all ?? Let’s allow carbon fiber and titanium everything and let’s allow all types of electronics and shocks you want , let’s allow those sidewall inserts Just let it be all you can spend and hope you spent enough so it can die a quick death and start over

[hucktyson]

The concept that you can fund your personal hobby with profits from another business and deduct it has another name ... felony tax evasion ....

[ZERO25]

Quick.....someone go tell Rick Hendrick he is a tax evader!!! lol

[hucktyson]

Rick Hendrick is a billionaire ... the interest on his money could run his cup teams without any outside help. His teams end Up in the black. Dirt late model teams do not

[Stefan2k4]

Quick.....someone go tell Rick Hendrick he is a tax evader!!! lol

And how about Dunn Bension? I suspect they would not take too kindly to being called tax cheats here, considering how upset they were by the Eldora tire test. And how about Forrest Lucas? Morgan (his son for those who don't know) used to race top fuel. And Steve Torrence, whom I mentioned earlier, is sponsored by his father's company. And his dad races top fuel as well and in fact will face off against his son today in round 2 at Las Vegas. Both cars have Capco on them. And how about Paul Menard? The list goes on and on. What's being alleged here is that half of the motorsports world are "tax evaders".

[chupp n bloomer fan]

While I think Huck opened a can of worms, I used to work for a racing family. And I would venture to say he is spot on. People can be butt hurt about it, but you just simply don’t blow money on racing, get next to zero ROI, and not try to get it back with Uncle Sam, hide it from Uncle Sam. You do, you hire very good tax people, and hope they know how to tweak it just right.

And them super rich in Late models aren’t who ya cater too. The good regional guys are who ya really lean on. Because most of them wanna be national, they just flat cannot afford it.

[hucktyson]

I know I am 100000% correct , I ran through these scenarios with tax attorneys who work for Deloitte, they are customers of mine so we BS’d about it while I was on their projects and they specialize in defending their clients during audits . Google Deloitte if you don’t know who they are. Massive amounts of tax fraud are committed by all types of dirt race teams and the biggest offenders are the ones who own very successful businesses and racing is their hobby. You can’t just dump 500k after 500k with nothing to show for it lol. You guys can get mad all you want reality is reality , a rocket chassis invoice is not a legit business expense for a trucking company lol. I’m sure they twist and spin to manipulate anyway possible but unless they get audited and pass you can’t say it’s legit.

[Stefan2k4]

You do, you hire very good tax people, and hope they know how to tweak it just right.

But that's not illegal. Taking advantage of loop hole isn't illegal. When you use the term "illegal" you're implying people are breaking the law and that's a serious allegation to make without proof.

And them super rich in Late models aren’t who ya cater too. The good regional guys are who ya really lean on. Because most of them wanna be national, they just flat cannot afford it.

Why? Again are we talking national, regional, or local? Why should the national series, that the best of the best compete in be dumbed down for the regional and local guys. There are lots of dirt tracks all around the country and local racers can race weekly at those local track. There are the regional series and drivers who wish to follow those can as well. That means there are at least 2 other levels that those who can afford to run the national series can compete one. So, why should we dumb down the top series to "level the playing field". Maybe the NFL should shortened their fields from 100 yards to 50 yards so lesser teams stand a better chance? Maybe the NBA should lower their baskets to 5 feet so short guys can dunk with the best of them? Perhaps, MLB should out law fast balls and shorten all the parks so everyone can hit a home run?

[Stefan2k4]

I know I am 100000% correct

The only way you could know that is if you examine everyone's tax return and their books. Are you telling us you've examine the tax returns and books of every DLM race team? If so you should call the IRS and report this illegal activity you are 100000% sure is taking place. In fact, if you know this so certain, you may be legally obligated to. If you a crime is being committed aren't you obligated to report it?

but unless they get audited and pass you can’t say it’s legit.

Since when is a person guilty until proven innocent, especially when the allegations are entirely based on speculation?

[hucktyson]

This is already a form of racing that allows unlimited money to dominate its called F1. Lewis Hamilton makes 100 mil a year spending 5k in a car wear to win a 10k race is not a business it’s a hobby. I didn’t suggest dumbing down the cars. Are the woo sprints dumbed down since they have smaller wings , no wicker bill and a weight limit now ???

[hucktyson]

And I am not calling out anyone specifically I am speaking in general terms

[hucktyson]

I bet you were ok when Harry Reid said he heard mitt Romney never paid taxes though .... with zero proof