is anyone else waiting for the hdpartners to save drag racing.

Scared s-less, actually. Larry Dixon mentioned very early on that it couldn't be any worse (to paraphrase) than the current regime. I wonder.

I'm actually waiting for the Force/Bader/Smith hostile takeover.

I'm STILL waiting for Santa Claus to bring me Salma Hayek in a Triple Black Corvette Convertible, but I think I have a much better chance of seeing THAT at this point in time than a "savior" in "HDPartners". Comeon guys, the press on this has been almost non existant and here we are in the off season and not a peep from this so called "company"?? I call bullsh--.

Sponsors departing like rats leaving a sinking ship, absoute silence on new chassis rules and not a word on how HD Partners are going to save our sport.
Testing starts in eight weeks . . . if a lot of things don't happen very quickly, the 2008 season could get off to an ugly start.

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"The Counterfeiter"

I WANT to be hopeful.....just haven't been given any reason to be yet.

Still hoping though

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Tact is for those not witty enough for sarcasm

I don't really expect much news until they are closer to the deal actually going through.

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Jay Smith
www.fantasydragracing.homestead.com
www.myspace.com/styxboy

Yeah right, Compton, Light and all of the same old management, managing the same old way as before, I don't think so.

Call me naive, but I am very positive about the acquisition. HD Partners is a public company, with a responsibility to shareholders to generate a profit and and to grow the business year-to-year. This is a big change from NHRA's non-profit model which has been in place in the past.

I look forward to the acquisition being finalized to see what HD Partners has planned for the future of professional NHRA drag racing. I suspect that they have been in the planning stages for most of this year and that we are about to see what they have in store?

Ever think that maybe now that the Russell deal has been settled, there might not be an accusation?

Jay

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"The Doctor"
www.wannaberacing.com

This Darrell Russell stuff floats arounds every so often.
Doesn't ANYBODY think NHRA didn't have insurance for this matter? There were also unspecified "contingencies" in the document that probaly more than covered any outstanding claims within their self-insured retention (dedictible).
I don't think the Russell suit had ANYTHING to do with the transaction.

One thing that concluding the Russell affair did was probably clean the slate and not leave that business unfinished before the HD takeover(?).

Below is a subject bandied about for years:

Is NHRA self-insured?

Any LEARNED voices out there with FACTS?

Now that HD Partners, behind the scenes backer, has his new dragstrip and another 80 million in incentives, things will happen. The backer knows how to make money in auto racing. Look for SMI to take over HD.
Art

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"The Doctor"
www.wannaberacing.com

Most organizations with the cash-flow and types of public exposures NHRA has, would bear a large part of exposure to "everyday and predicictable" kinds of claims (That is, Workers' Comp and General Liability <slips and falls and the like>) up to a substantial amount (i.e. $250,000. to $1 Million per claim) and purchase catastrophic insurance for losses above those "self-insured" or retained losses.
These arrangements usually involve an insurance company issueing policies and handling the routine claims but - IN EFFECT- paying them out of the insured client's checkbook.