Edwards & Young Racing – Seattle & Kent, WA.

UPDATED January 13, 2012

LETTER TO IRS QUESTIONS NHRA TAX STATUS – CompetitionPlus.com – 22 Jan 2011

Letter to IRS – 12 Jan 2011

Forbes article – 21 Jan 2011

If it walks like a duck and talks like a duck …. – Washington Examiner – 21 Jan 2011

NHRA on the IRS radar screen now By Jeff Burk – 21 Jan 2011

“No one should be surprised that someone who felt wronged by the NHRA has taken the step of making the IRS aware of the NHRA and its operation. After all, the NHRA has been run as a dictatorship for more than 50 years, answering to no one and especially not to the so-called NHRA ‘members’…”

Who actually owns the NHRA – nitromater.com

NHRA tax return 2009: The returns are in – Drag Racing Online

NHRA ADDS NEW BOARD MEMBERS – CompetitionPlus.com – December 10, 2010

About the NHRA – NHRA

A Possible Solution?

Have one NHRA Board member that is elected by, and represents the Sportsman racers on the board. And make this board member easily accessible to the membership via an e-mail link, dedicated phone number, mailing address, etc. I would also recommend that NHRA dedicate a page on their site for this elected representative to post updates, proposals, etc.

Voting would be limited to those current paid NHRA Sportsman members and be for a 3-year term. – Edwards & Young Racing – [Submitted to NHRA on 25 Jan 2011]

FEEDBACK FRIDAY – LETTER QUESTIONS NHRA TAX STATUS – CompetitionPlus.com – 29 Jan – 2011

1951 NHRA articles of incorporation, 2005 amended articles of incorporation & 2009 annual report – Edwards & Young – 2 Feb 2011

 The original articles of incorporation which were in effect until amended in 2005 stated in part: [emphasis ours]

“…That the specific and primary purpose for which said corporation is organized are as follows:

“To promote safety, sportsmanship and fellowship among hot rod enthusiasts through the organization of clubs and associations which will encourage a mutual exchange of beneficial views and sponsor educational and safety programs to the end that the hot rod sport will be better regulated and will be conducted on higher standards, resulting in its more favorable acceptance by the press and public and in greater benefits to its active participants…”

That entire clause of “mutual exhange of beneficial views” was removed in the 2005 amended articles of incorporation. In fact the 2005 articles look nothing like the founding document.

Section VI, 4 of the amended articles also states:

“The corporation has no members within the meaning of Section 5056 of the California Corporation Law.”

I’ve provided the link above for your information. – Roger Young

JOSH PETERSON PROMOTED TO NHRA VP OF RACING ADMIN. – CompetitionPlus.com – March 3, 2011

“…In addition to retaining all of his current responsibilities and becoming a member of the NHRA Competition Committee, Peterson will assume additional responsibilities with NHRA’s sportsman racing programs.  NHRA’s seven division directors will report directly to Peterson and together will work on strategic planning, member track support and other aspects of divisional racing and operations…”

Looking at NHRA’s 2010  Tax Return by Jeff Burk – January 11, 2012

We’ll be updating this post as events unfold.