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Enough, let's see the books!

Discussion in 'General' started by CRRC93, May 13, 2018.

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  1. Racer997

    Racer997 Old Skool Racer

    This is not quite how I remember it, although some of the basics are here.

    I was sent some kind of a ledger by accident by Nancy Selleck sometime in 2013 when I was an official for the CMRA. Knowing that, without exception, every single bit of financial information for a non-profit in Texas is public information, and because Inge was running for the Board of Directors in 2013, and I did indeed endorse him because I thought him to be a deep thinker, and remembering that I had served alongside a lawyer on the Board in the 2000s, a guy who dotted a lot of the club's Is and crossed a lot of the club's Ts, I felt Inge would be an asset for the Board. So, yes, I forwarded this information to Inge via email. There is nothing illegal or even wrong about that. It's good background information for a Board candidate. Sometime after that, Inge started to question numbers on the ledgers, but because I was only a staff member, and not on the Board at the time, I had little or no idea any of this financial discussion was taking place. Get elected to the Board and take it there.

    I did, in fact, tell Nancy and Walter that Inge would be good for the Board...sort of. I told everyone by nominating him. I think I nominated him for a Board seat in both 2013 and 2014. I nominated others, too. And he had plenty of supporters; I was hardly alone in my endorsement.

    In February 2016, at MSRH, when I was still a CMRA official, race director Walter Walker and I spoke after the race day was over. He told me I looked "guilty as sin". I had no idea what he was talking about, so I asked him to explain. He said I looked guilty because I had forwarded some of the CMRA's financial information to Inge. I told Walker that doing so is not only not illegal, it's not even wrong because all that stuff is all public record anyway, and anyone has a right to see this information. Walker said, "Well, some of that information is confidential." No. All of it public record because the CMRA is a non-profit corporation. In other words, in race director Walker's view, I was guilty as sin because I gave someone public information.
     
    Last edited: May 22, 2018
    VFR#52 likes this.
  2. BDRacing

    BDRacing Well-Known Member

    Yeah. I still have the list you sent me and that I forwarded to the board to try and make this stuff go away. I thought it was very generous of you at the time, considering all that had occurred.
    Here's the list you provided to me:

    1: Provide complete books and records from 2011-2014, including 1099s, schedules, and track contracts on a CD/DVD to me. They agree that these materials can be discussed and provided to other members. If "typos" are found, the accountant must fix.

    2: MM (Steve McNamara, Lone Star Track Days) steps down, OR - they get a written legal opinion from a specialist lawyer that says the arrangement is OK. Opinion must be published to CMRA by first race on private forum.

    3: Provide detailed meeting minutes, or a recording of the meeting on the forum, moving forward.

    4: Defendants pay for their existing attorneys' fees out of their own pocket - no CMRA money.

    5: They pay my expenses so far. $1,000, give or take.

    6: Written apology from BOD - posted to general forum. Must contain promise from BOD not to attack and ridicule people for having an opinion or asking questions.

    7: Their attorney can mail the apology component to my two bosses.

    8: Redo the election, which is an interesting idea.


    That's it. I took this to the BOD and guess which item made it a non-player. Item 6. They had always tried to beat up on people on the board and weren't about to quit, much less apologize for it.
    The above was transcribed from a screenshot. Any typos are mine. The italics in item 2 are to identify MM.

    This is tough for me. Both MacMan and Peyton are great friends of mine. Peyton has legitimate questions and a legitimate beef with the way the election was handled to keep him off the board. I've had my share of bad blood with Walter as well so his slanderous treatment of Peyton in texts/emails came as no surprise to me. Why Mac took his position to defend Walter's indefensible actions will always be a mystery to me. Taking Peyton's demands to the board once the suit was filed was just an effort to save the club both money and embarrassment. It didn't work. Insurance has covered the money portion so far and you have to have some shame to be embarrassed and so far the BOD has shown no shame at all.
     
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  3. Hyperdyne

    Hyperdyne Indy United SBK

    1. So explain exactly what club racing organization you have owned and operated to financial success that would quantify that statement.
    2. Provide us references to industry connections that can vouch for your expertise in turning a profit in the current marketplace.

    Just based on your publicly and self-admittedly having zero issue bankrupting an organization, I don't know that I would trust you to run a snow cone machine at the 7/11. No offense, you understand.
     
  4. Mongo

    Mongo Administrator

    We could actually turn a profit operating in just one region. Even with racing being down we pay the bills and offset the losing events with good events. There is money to be made if you're looking at making money as the main goal.
     
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  5. BDRacing

    BDRacing Well-Known Member

    He wishes it were confidential. From the credit card statements in the court petition there are lots and lots of charges to be accounted for. They might all be legit but there are lots of local meals and entertainment and lots and lots of Home Depot receipts. Certainly not implying somebody was renovating a house or anything like that but there are lots and lots of charges. Peyton wants to know the details of what was purchased. I do too. I've been up and down the aisles at the home improvement stores just trying to figure out how to spend even $500 on stuff a race organization would use. There's just not that many items of any use for a race organization.
     
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  6. Hyperdyne

    Hyperdyne Indy United SBK

    I’m certain WERA could. But outside of telling me that would be the exact plan, or subcontract WERA to run it, any other idea would prove highly suspect.
     
  7. Mongo

    Mongo Administrator

    I buy caution tape, spray paints/chalk, buckets, assorted electrical components for AC equipment, DC equipment, networking, blowers and things for blowers for cleanup and air fence, fire bottles, brooms.... I've bought PVC and steel pipe for making winners circles backdrops. Fence railing for canopies. Assorted lumber.

    Basically I don't think there is an aisle including the garden section I haven't bought something in for use at the track. Hell, I just got a new company Home Depot card this morning :D
     
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  8. Mongo

    Mongo Administrator

    Pretty sure he's talking about the lawsuit and them paying it back.
     
  9. Dave K

    Dave K DaveK über alles!

    You can or used to be able to buy kitty litter by the bag or pallet there.


    and yeah, I call it kitty litter. Anyone got an issue with that? :D
     
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  10. Racer997

    Racer997 Old Skool Racer

    I asked for the point of sale receipts, which in the financials, to see all of this myself. I was denied.
     
  11. Dave K

    Dave K DaveK über alles!

    and I've been asking for a rocket powered pony for years. I haven't been denied so far but there's no rocket powered pony in my backyard.
     
    joec likes this.
  12. G 97

    G 97 Garth

    It’s not that difficult to set up a racing org and obtain track dates. It takes some up front cash and a lot of hard work but it isn’t rocket surgery by any stretch of the imagination. If you obtain good dates and provide a good product the vacuum created by CMRAs demise could be filled with a start up org pretty easily.
     
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  13. Mongo

    Mongo Administrator

    Not difficult at all to start one up. Seems to be very difficult to keep them going as they do tend to fade away...
     
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  14. G 97

    G 97 Garth

    That’s because as you know it’s a lot of work. On and off the track. Just dealing with all the different personalities would be a huge energy suck. LOL. Never mind all the travel etc.
     
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  15. John Branch

    John Branch 90125

    It’s already been tried 2002 RPM! Not enough people to sustain 2 racing organization in the same state trying to screw each other! I liked going to TWS a couple times in a row . And that one race ar Texas Motor Speedway was pretty cool! Imo But again only one organization is needed and should be WERA affiliated! Imo
     
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  16. jpence

    jpence Well-Known Member

    It was 2013 by us you mean you. Funny you are the only person I have ever met who has a problem with her. Ironically she's not the one who made me realize your true nature. My brother is a better judge of character than me.

    Yes I was there. It's pretty clear your move to befriend said BOD member was just to get information. You are openly calling said person a coward and implicating them in a cover up. nice.

    The CMRA is a non-profit, it is not owned by the members. Non-profits are not owned by anyone. You should know better than that.
     
    panthercity likes this.
  17. panthercity

    panthercity Thread Killa

    :crackup:
     
  18. panthercity

    panthercity Thread Killa

    Sadly true. :(
     
  19. panthercity

    panthercity Thread Killa

    How many lawyers have died in the past 10 days?
     
    VFR#52 likes this.
  20. panthercity

    panthercity Thread Killa

    OBTW, how many of you know/remember that the original club, CRRC, was started by a lawyer?
     

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