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Sunday race break: F1 is fun!

September 7, 2008

Hey fellow U.S. racing fans, F1 is fun!

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I make the case for watching these magnificent machines maneuver road courses literally around the world in my latest Crazy Woman Driver column.

Don’t get me wrong. I haven’t abandoned NASCAR. It’s still my first racing love.

But I do have room in my heart for a little F1 romance. And it’s a relationship worth nurturing even though we Americans have to deal with time differences, TV access issues and new terminology (over steer and under steer vs. loose and tight).

Here are a couple of reasons to watch F1:

Plus, F1 has a really thrilling qualifying process, a fairer points system and those guys actually run in the rain.

You can check out all the reasons to give F1 a chance in the September issue of Owner Operator magazine. Just click the Crazy Woman Driver blurb there on the cover of the digital magazine.

Now I’m off to watch my tape of the F1 boys run at Spa-Francorchamps (per the time differences mentioned above), before settling in for an afternoon and evening of fendered fun from Richmond.

Links to my prior CWD columns here.

Tax break win, loss for NASCAR: The North Carolina General Assembly has extended a business tax break that benefits NASCAR.

The sales tax refund on aviation fuel used by motorsports teams was extended to cover fuel purchases made through 2010. The provision was designed to encourage NASCAR teams to remain based in North Carolina. Under the law, teams can get rebates on the state tax paid on aviation fuel used to fly them to and from events in other states.

Bill Davis Racing, however, lost its bid to claim other tax credits. The North Carolina Superior Court ruled that the NASCAR team was ineligible for job creation tax credits because its activities do not constitute manufacturing.

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TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

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Comments
  • Josh Neumann
    18 years ago Reply

    I’ve never been a fan of racing in general, but F1 is far more interesting in my opinion, as the courses are more challenging and they aren’t just going around in circles for 6 hours.

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