Nascar Bailout
#3
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Join Date: November 21, 2006
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My friend told me that his wife has a detailed list of the recipents of the cash and Nascar is on the list. Most likely a politician who exchanged a yes vote for some political pork. I have to ask if she'll give me a copy..
#5
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Actually it is the continuation of a program that lets race tracks depreciate equipment at a faster rate for two more years. They can depreciate equipment similar to how amusement parks do it...7 years rather than 15.
http://www.nascar.com/2008/news/head...tes/index.html
http://www.nascar.com/2008/news/head...tes/index.html
#6
Shelby GT500 Member
I'm fairly sure that NASCAR is still generating more cash than any other sport. I don't see how they could be in NEED of a bailout, but if they are they need policing just like the GOV MINT and everyone else.
Sheesh. Where does it end??
Sheesh. Where does it end??
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