( follow this link to the IRS guideline / definition / ruling )

http://www.irs.gov/newsroom/article/...172833,00.html

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The link above is offered to make a point. Are you and your activity of choice a business or are you simply engaging in a hobby ?

If you own one midget and a trailer , operate out of your home garage and fund this activity personally ( no sponsor income ) , you probably have a nice hobby that you enjoy very much. Even tho this activity may produce some income , you probably have no expectation of showing a profit.

This guy , as described above , is probably Don Moore and the vast majority of Midget owners today. As Don stated , there are only 12 or 15 National teams.

If you own a $300,000. transporter , lease 25,000 square feet of commercial space , own an inventory of 8 Midgets and employ 12 people who are paid real wages and receive real benefits and having those costs offset by sponsor income , you are definitely a business.

This guy , as described above , are people like Steve Lewis and there's nothing wrong with that.

Perhaps one who conducts an activity that is seen as "hobby" should not expect a voice powerful enough to orchestrate sweeping change. It would seem those business owners are really calling the shots , whether that's good or bad. It just might be their sand box that we're trying to play in.

Don , while we are concerned about the high costs of Midget racing , is it realistic for " hobbyists " to expect to have their activity subsidized by free pit-passes , memberships and tire discounts ? Just a thought ...




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