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Starting an Auto Racing Business - Become an Entrepreneur

    https://www.gaebler.com/Starting-an-Auto-Racing-Business.htm
    Business Plan Mechanics for Auto Racing Businesses. Haven't created a business plan for …

Learn How to Start Your Own Auto Racing Business

    http://www.macsracing.com/learn-how-to-start-your-own-auto-racing-business/
    The truth is, auto racing businesses have a lot to protect as their race cars, tools, and equipment are typically quite expensive. But before you get insurance, you’ve got to know how to get the whole thing started. Getting Your Racing Business on the Road Starting this kind of business isn’t unlike any other type of industry.

WHY HORSE RACING BUSINESS?

    http://www.horseracingbusiness.com/why-racing-business
    WHY HORSE RACING BUSINESS? In horse racing, the first to the finish line wins and, barring a claim of foul, subjectivity and judgment matter naught. Racing is as close as one can get to an equal-opportunity proposition. A royally-bred yearling that goes through the auction ring for a seven-figure sum eventually has to prove its worth on the ...

How to Start a Slot Car Racing Business - Become an …

    https://www.gaebler.com/How-to-Start-a-Slot-Car-Racing-Business.htm
    A great business plan will lay a strong foundation for growth in your startup slot car racing business. The financial section of your business plan is especially relevant to funding concerns. Not surprisingly, lenders immediately turn to the financial section and use the accuracy of your forecasts to gauge the value of other parts of the plan.

Horse Racing Business

    http://www.horseracingbusiness.com/
    Prior to the Kentucky Derby, the colt had won one race from seven starts, was claimed for $30,000, had pedestrian speed figures and lost five races in a row, was trained by an individual that one does not associate with premier racing, and was ridden by a jockey that had never won a graded stake.

How to Start a Horse Racing Business | Bizfluent

    https://bizfluent.com/13641956/how-to-start-a-horse-racing-business
    Horse racing is serious business. The industry is worth an estimated $40 billion in the United States alone, and the global popularity of the sport is even larger. This results in large payoffs for the few who are lucky enough to produce a champion. Since even losing horses can be carried as a tax write-off, many ...

Racing 4 Business

    https://www.racing4business.com/
    Racing4Business provides an innovative source for finding new clients and winning new business through experiencing the fun and enjoyment of owning a real thoroughbred racehorse. We create syndicates of like-minded entrepreneurs and organisations who want to promote their business, reward staff and impress clients.

Insight: Why it’s time to take the Sim Racing business …

    https://www.motorsport.com/gaming/news/sim-racing-business-serious-money/4314653/
    Dec 20, 2018, 8:54 AM. Having just returned from an intriguing visit to the inaugural Sim Racing Summit, held by Porsche in Stuttgart, I think it’s time that racing Esports is taken seriously ...

Solved: Racecar driver- hobby vs business? - Intuit

    https://ttlc.intuit.com/community/taxes/discussion/racecar-driver-hobby-vs-business/00/571061
    Conversely, if you manage your racing related finances, and make (and can document) prudent business decisions to make the racing activity profitable, the IRS will be far more likely to treat the activity as a business. There is a risk with racing, the IRS will try and treat enjoyable activities as hobbies because they are fun. Documentation is the only thing that can …

Master Your Money | Sapling

    https://www.sapling.com/7879552/auto-racing-tax-deductions
    commonly incurred deductions related to operating an auto racing business may include expenditures for supplies (gas, oil, tires and other spare parts), travel (airfare, lodging and meals), entrance fees, licensing, repairs, uniforms, research and development, merchandising production, advertising, administrative overhead and employee salaries, …

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