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AMA pays out $1,900,000 to who?

Started by Arnie, January 14, 2012, 07:13:07 AM

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Arnie

I'm not an AMA member, so it really doesn't concern me, I'm just helping stir.

Those of you who are AMA members will probably want to read this article on Superbikeplanet.com

  http://superbikeplanet.com/2012/Jan/120112eternalmyster.htm

Cheers,
Arnie

JMR

 Maybe they are still paying Roger Edmondson off. I doubt it as that bullshit went down quite a while ago. My membership also stopped at the same time.

rktmanfj

Quote from: JMR on January 14, 2012, 08:49:19 AM
Maybe they are still paying Roger Edmondson off. I doubt it as that bullshit went down quite a while ago. My membership also stopped at the same time.

GMTA... mine did, too.

Travis398

I'm sure the 1.9 million was spent fighting laws and restrictions on bikers, both on and off the pavement.

And I do get that monthly magazine free  :biggrin:


When all you have is a hammer, everything looks like a nail.

Rich Pleines

I contacted  the AMA and received the following response.
Thank you for your inquiry regarding the recent SuperbikePlanet website posting about an entry on the 2010 IRS Form 990 submitted by the AMA. It's unfortunate that the posting has raised alarm, because there is no basis for it.

The figure represents an intra-company loan between Paradama, Inc. the wholly owned for-profit subsidiary established by the AMA for pro racing, and the AMA, a 501C4 non-profit. The manner in which the transaction is recorded on the 990, is in accordance with generally accepted accounting principles as a liability to Paradama,Inc.

Thank you again for your inquiry, and for your ongoing support of the AMA. Please let me know if you have any further questions.

Regards,



Angie
Membership Services Representative
American Motorcyclist Association
13515 Yarmouth Drive
Pickerington, OH 43147
1-800-AMA-JOIN
1-614-856-1900 ext 1253
1-614-986-1979 Fax
amiller@ama-cycle.org[/i]
Rich Pleines
"Reality is merely an illusion, albeit a very persistent one"

terryk

Quote from: Rich Pleines on January 17, 2012, 11:23:53 AM
I contacted  the AMA and received the following response.
Thank you for your inquiry regarding the recent SuperbikePlanet website posting about an entry on the 2010 IRS Form 990 submitted by the AMA. It's unfortunate that the posting has raised alarm, because there is no basis for it.

The figure represents an intra-company loan between Paradama, Inc. the wholly owned for-profit subsidiary established by the AMA for pro racing, and the AMA, a 501C4 non-profit. The manner in which the transaction is recorded on the 990, is in accordance with generally accepted accounting principles as a liability to Paradama,Inc.

Thank you again for your inquiry, and for your ongoing support of the AMA. Please let me know if you have any further questions.

Regards,



Angie
Membership Services Representative
American Motorcyclist Association
13515 Yarmouth Drive
Pickerington, OH 43147
1-800-AMA-JOIN
1-614-856-1900 ext 1253
1-614-986-1979 Fax
amiller@ama-cycle.org[/i]

The road to Paradama started in 1989. The AMA wanted to get support professional motorcycle racing and decided that the non-profit staus of the AMA prevented agility and flexibility required to promote. So, they noodeld and came up with Paradama - a word that comes from combining paradigm with the AMA. The AMA trustess appoint the Paradama board but do not and can not be invloved in running the Paradama corporation. So, in essence the AMA has input into the Paradama strategy for promoting motorcycle racing but does not make decisions. It clearly provides funding. The AMA has an interest in promoting motorcycle racing but can not easily do so as the AMA and hence the birth of the for profit Paradama. So, you may not like this organization quick shuffle, I do not, but this is the why and the how behind the decision making and the AMA role in Paradama.Be interesting to see what happens with the non-profits loans and the profits that get generated by Paradama.

In fact, if the clear channel, Jam Productions AMA debacle is any measure of the integrity of the Paradama and AMA way of doing business, well be very worried.

JMR

AMA based roadracing could certainly use improvement in regard to promotion and execution. The Northeast has nothing and I believe Virginia does not host any AMA events now. While I understand Loudon had serious safety issues the old Sears Point was a POS too and racing continued until Infineon was built. Infineon being in California certainly tweaked the scheme as I'm sure there are more registered motorcyclist there than any other state.Then there was that whole Edmondson affair which appeared, at least to me and the court system, that the AMA screwed up big time.
I believe the AMA should just get out of racing and leave it to an organization equipped to handle it. Trying to bridge the gap of non profit /profit to run the schedule is not very effective IMO.

Arnie

Superbikeplanet.com has a "part 2" to the story here:

  http://superbikeplanet.com/2012/Jan/120117mystery2.htm

It explains some things, but doesn't clear anything up (at least to me).

Cheers,
Arnie

motohorseman

I dropped my support of the AMA a long time ago, more than a decade.

I can not remember what it was, but they were for something that I was not.

Over the years, I was glad I did. It seems that nearly everything gets "ruined" for the many when they get too big for their britches.

Another example, Honda, I've been a Honda fan for what seems like forever. I was at a dealership and the Honda representative was there, I wanted to give him some of my ideas on what I wanted to see in a motorcycle - He shut me down quicker than anything and said they only used information supplied by focus groups.

Ah, ignore the customer, yeah, worked great for AOL......
Steve

rktmanfj

Quote from: motohorseman on January 24, 2012, 08:11:21 AM

Ah, ignore the customer, yeah, worked great for AOL......

:biggrin:  Helluva a business model, huh?

Several big corps didn't learn from this.

They count on recruiting new customers instead of taking care of the ones they already have.    :scratch_one-s_head: