Search results

I mean, honestly, if what you want to watch are street stocks, then watch street stocks. But asking Cup teams to operate like they're running street stocks at the local 1/4 mile oval in terms of costs is ridiculous. These are massive multimillion dollar enterprises that intend to represent major...

F2 test today: Colton Herta is to turn some laps. https://livetiming.getraceresults.com/abudhabi?nomobile=true#screen-results

Well, let Jim France know that. I'll note that I've put on the Gluck/Bianchi breakdown of the trial yesterday and it's pretty amusing to hear. Kessler did bring up that the taxes paid from the Trust were about their benefit; it paid the capital gains tax on the Fontana sale and in turn the...

There's no race without race cars. If they kick all the teams to the curb and race the cars themselves, NASCAR is still paying to have cars race. That's literally the point of their business.

When things were good and the gravy train was rolling, there were 50 cars showing up every week and while people knew failure and bankruptcy were real options, they weren't concerned about it because the potential was so great. The 2/3s of fans from 2005 leaving in 20 years has damaged this...

It would legitimately be hilarious if indeed Brian was a man behind the curtain. I mean it would be terrible, but also hilarious at the same time. It would remind me of another time a billionaire fail child just couldn't stop tinkering in the specific way they wanted and wound up losing a TV...

This has nothing to do with forcing the France family out of NASCAR, which is what you're contending evergreen charters would lead to.

We ultimately don't know what the jurors are thinking when the trial ends, and we also really haven't gotten to the meat and potatoes of the defense's case. That said, the defense is also likely limited in their options. Jim France basically testified yesterday that it was his way or the highway...

Are you claiming this is representative of ownership in the series? Yesterday Jim France testified that the series is owned by two entities: the France Family Trust and the Betty Jane France Descendants Trust. That's who owns NASCAR. I have more say in what happens for my role than I did when...

Keikhaefer lost his business because he sold controlling shares in it to another firm (Brunswick). None of that is happening here. How are the teams going to push out someone when they have no controlling shares? Sorry, but this reads like you have no idea what you're talking about and you're...

Here's a question; we keep hearing about midweek races. Clearly the teams want to do it and NASCAR is the obstacle. So why do I as a fan want this situation where the teams race less?

They just need to be like Rick Ware or BJ McLeod then instead. I'm smart.

Just as a reminder to those pointing at how much NASCAR paid in taxes: they made over $600 million dollars in revenue in the last two years alone. The cost of the payments to the trust is an expense as shown on the NASCAR books, with the trust then paying 75% of that sum in taxes. That's another...

I think they're about equivalent in terms of the amount of detail both have put forth. In terms of whether or not they should include gains from selling/leasing charters: you can't participate sustainably in the series if you sell all your charters which has already been effectively admitted by...

Correct. Of course, there are no taxes paid on this money. They're being used to pay taxes...in part. NASCAR is held within the trust. Which is why my wife gets a check every year now that her paternal grandmother is dead. Also means the France family gets some nice annual distributions...

So that would mean that the France family still pocketed ~$100 million in the last 3 years from nothing other than payments made by NASCAR to their trust. That also doesn't even cover if the taxes paid had any obvious gain for them like that it covered taxes related to their use of NASCAR...

Well, the teams that aren't the suing ones probably don't want to have a full audit of their books. I don't see where it is that NASCAR actually opened the books on how much of that $400 million gets paid in taxes related to NASCAR and what that even entails.

Is the creative bookkeeping a statement about NASCAR paying the France Family Trust $400 million over the last 3 years? I'm confused.

The part that is wildest to me about Majeski's DQ is that over and over again the outside lane proved to be insufficient for drivers to get good bite on the restart. Car after car spins the tires and winds up drifting back. He could have waited until the restart zone, pegged it, and still gapped...

That's part of the deal in return for funding, yes.