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5 Dec 2004, 14:41 (Ref:1171365)
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#1 | |||
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Veteran
Join Date: Feb 2003
Posts: 3,183
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Why the Canary Fund?!
From the mercurynews.com:
Quote:
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Give them good ol' boys the chrome horn PT! |
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5 Dec 2004, 15:56 (Ref:1171412)
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#2 | |
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Registered User
Veteran
Join Date: Feb 2003
Posts: 16,661
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This is a very innovative idea, and I support it wholeheartedly.
Great to see motor-racing being used in such a positive way. |
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5 Dec 2004, 17:14 (Ref:1171452)
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#3 | |||
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Racer
Join Date: Sep 2002
Posts: 341
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Quote:
CCWS (KK) donates 1 million to the Canary Fund, (I'm sure they get a tax incentive for doing so), and we have to assume that the 1 million will be used/earmarked to promote this race. There are other things about this deal that seem un-natural for a non-profit to be involved. To be honest, I really don't get it. Basically, the way I see it, the Canary Fund is siimply a 'cover' for CCWS co/self-promoting another street race. I don't believe for a second that this race will put much, if any at all, money in Canary's pocket. The cost estimates for the work necessary keep going up, and I find it higly unlikey that San Jose council will approve the $650,000 being asked for by 'the promoter' next week. This one is far from over. |
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Cleveland (Lakewood), Ohio |
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5 Dec 2004, 17:34 (Ref:1171464)
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#4 | ||
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Racer
Join Date: Sep 2002
Posts: 341
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Just to add, before I get slammed here for my statements above...no, I have no proof that CCWS/KK have actually donated to the Canary Fund....and, yes, I am assuming allot here. But I really don't see this working for Canary unless they are being undergirded by an outside source.
Last edited by Brian W Keske; 5 Dec 2004 at 17:39. |
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Cleveland (Lakewood), Ohio |
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6 Dec 2004, 17:45 (Ref:1172594)
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#5 | |||
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Racer
Join Date: Aug 2002
Posts: 221
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Quote:
i believe its a good thing, no matter whose pocket the money is coming from. |
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