It is all considered Revenue.
The most recent Tax Return available is 2022.
The most recent Tax Return available is 2022.
Nitromater
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The importance of having a Plan B
- Thread starter Mike
- Start date
You keep saying this (in about every other post), but where is the proof and who stated it officially? BTW, I have a $1 billion portfolio and my life is funded for the next 100 years.....it's true because I said it's true
ironpony
Nitro Member
You keep saying this (in about every other post), but where is the proof and who stated it officially? BTW, I have a $1 billion portfolio and my life is funded for the next 100 years.....it's true because I said it's true
Sorry I won't mention it again.......................
sfw1960
Nitro Member
@Ken Maune
It was a legit question... where is the proof??
Plenty would like to know, myself included - and I am not a skeptic either.
It was a legit question... where is the proof??
Plenty would like to know, myself included - and I am not a skeptic either.
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Rocket Man
Nitro Member
I think the purchase of almost 10 racetracks in one year, plus all the other actions in 2025 point to a set of deep pockets.
Why are so many jealous or resentfull of what this guy is doing? Don't we want to see more choices and more money for the racers?All I hear from racers at the events is how well they are being treated and how much fun they are having. Sounds like a win/win.
Why are so many jealous or resentfull of what this guy is doing? Don't we want to see more choices and more money for the racers?All I hear from racers at the events is how well they are being treated and how much fun they are having. Sounds like a win/win.
Is it jealousy, or people remembering how every other car had Torco sponsorship.. then poof.
Rocket Man
Nitro Member
not sure. I give him the benefit of the doubt until proven otherwise.
I believe that the Torco fiasco has us all tainted a bit when someone comes around and just starts tossing $$ around like a drunken sailor.
My grandpa always said a fool and his money soon part.
I'm hopefully wrong on the IHRA thing. It's a perfect setup for the lower budget teams.
My grandpa always said a fool and his money soon part.
I'm hopefully wrong on the IHRA thing. It's a perfect setup for the lower budget teams.
Government grants?? Wonder what that is?
Joe
Nitro Member
Yes, almost every time I mention I'd like to see a certain racer run IHRA, it's met with criticism. It's like they take it personally.i was at Dunn in Nov and going back in March, I didn't hear anybody complaining.
Native American owned may have something to do with it.
Ah, interesting, I bet you're on to something there. Never occurred to me.
The link I shared wad the NHRA 2022 Tax Return. Darana Hybrid, Inc. is Native American owned and operated.
There are many examples of businesses that went on an acquisition spree only to be unable to handle paying the debt down the road.
That's NHRA's tax return. Darana Hybrid is Native American owned.
Remember who else was funded with government money?
none
Nitro Member
Stimulus $$ ??? Billy Meyer spoke of government (State) funding post Covid. Maybe related???
Rocket Man
Nitro Member
z28
Nitro Member
his funding came from the state fund to attract tourism.Stimulus $$ ??? Billy Meyer spoke of government (State) funding post Covid. Maybe related???
Yes, this would be a good question. How leveraged are all these track purchases, if at all? From all the posts on this topic, one would assume he is writing checks to pay in full for the race tracks. Plus how much money is he going to spend upgrading and maintaining these facilities? I guess we will see how it all plays out in the next year or two.
What is that feeling based on?
We will be able to find all that out when the sale is closed and the paperwork is filed with Berks County.
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