Saw some photos of an AJR testing session (1 Viewer)
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TR
Nitro Member
vegasnitro
Nitro Member
They are testing here in Vegas and I haven't been able to sneak away from work to go sneak a peek. 
AJPE is a very successful company in it's own right, and I am sure he can write some of that signage on the car off come tax time. Alan is a smart guy, and I expect them to make the full pull, whether they pick up a marketing partner or not.
AJPE is a very successful company in it's own right, and I am sure he can write some of that signage on the car off come tax time. Alan is a smart guy, and I expect them to make the full pull, whether they pick up a marketing partner or not.
onfire
Nitro Member
This years funding was already in the bank before Al Anabi's exit.
You!
Nitro Member
He is a smart guy, and that's why he won't be "writing off the expense come tax time". That doesn't make you any money...might allow you (Alan) to come closer to breaking even, maybe. I can't imagine he'd plow through the left over dough (3 years worth) just to run that race car. This is a business as has been stated many times, and if it doesn't make financial $en$e over a long term, then it can collect dust.
You!
Nitro Member
Because smart people like to keep their money. The days of spending your own $ to run one or more of these cars is long gone for the most part, with the possible exceptions of newcomer John Hale and Jim Head.
Alan will likely keep the car out there for awhile with hopes of securing a $ponsor. Barring that, I just can't see him burning through his own money with no further obligation to his previous supporter. Time will tell...
Alan will likely keep the car out there for awhile with hopes of securing a $ponsor. Barring that, I just can't see him burning through his own money with no further obligation to his previous supporter. Time will tell...
vegasnitro
Nitro Member
Writing off expenses on your taxes is not about making money or breaking even on the running of the car, it is about reducing your tax liability at the end of the year (which lets you keep more of your money). There is NOTHING about running a fuel car that makes any sense in the current financial climate of NHRA. People do it because they love it. The really smart/clever/good people get someone else to pay for it, or they create a small industry around the race team to fund the dream. If any of them were worried about keeping their money, they would never, ever run a fuel car.
Rajunz
Nitro Member
vegasnitro
Nitro Member
I hope that is true, I really do.
My only point is, if Alan was only concerned about keeping the money, they wouldn't be running the car.
I have not seen that statment anyplace else. If it's correct that's very good news.
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Randy
Nitro Member
It must be true because I read it on the internet (AJ and his leftover $$).
A long time ago AJ and family were running on their own dime long before sponsor money came along. They ran well and attracted sponsors. If he has leftover money, or won the lotto, or whatever, racing is all he does. Sitting at home sucks.
A long time ago AJ and family were running on their own dime long before sponsor money came along. They ran well and attracted sponsors. If he has leftover money, or won the lotto, or whatever, racing is all he does. Sitting at home sucks.
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