And the Real Winner Is…

Some 24 Hours of LeMons fans get all excited about the team that turns the most laps at a race, but the real cognoscenti know that the Index of Effluency (the prize given to the team that accomplishes a great racing feat with a car that never belonged anywhere near a race track) is the pinnacle. Only the most legendary LeMons heroes manage to win the Index of Effluency more than once, and now South Carolina’s Tunachuckers have driven their two-ton Ford to that achievement.

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And the Winner Is…

They won the Southern Discomfort race in February, the ‘Shine Country Classic in May, the Cain’t Git Bayou race in August, and now Hong Norrth has taken the overall win at a fourth 24 Hours of LeMons race this year. That run of victories makes Hong Norrth one of the most dominating teams in LeMons history.

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Where The Elite Meet To Cheat Day One: MX-3 Leads, Monte Carlo Close Behind

After a long, occasionally rain-soaked race session, it was no surprise to find that Hong Norrth, winner of the Cain’t Git Bayou race (and two others in ’11) held the lead at the end of the day.

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Randy Pobst: LeMons MGB-GT "Handles Well, Bad Brakes, Low On Power"

Randy Pobst came to the Where The Elite Meet To Cheat 24 Hours of LeMons to drive Speedycop’s MR2-chassis’d Lancia Scorpion, but we couldn’t resist seeing what would happen if we put him behind the wheel of the Goldbrickers MGB-GT. In the rain. The result was startling.

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Moonshine, Nuns, and a Six-Cylinder 510: BS Inspections of the Charlotte 24 Hours of LeMons

Here we are at historic Charlotte Motor Speedway, after a long day of BS Inspections, and we’ve got quite an interesting field of cars preparing for tomorrow morning’s green flag.

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  • Cprescott Yawn. The dinoaur death rattle.
  • Cprescott I'm sorry. There should be zero subsidies for whatever vehicle you want to buy. The automakers are lucky that even this stupid law exists.
  • Cprescott Just what we needed - another one in that segment.
  • MaintenanceCosts They're probably paid a bit more than they're worth, because relationships among boards are a bit incestuous, and the CEO always gets the benefit of the doubt among buddies. But there's no question they can add enough value to justify very high pay.The real problem is that they're not taxed enough. A mere high wage earner can have an effective federal tax rate of over 30% under some circumstances. These guys usually pay more like 10% to 15%, because they are able to structure their finances so that much income is deferred and much of the rest is capital gains. The rules around timing should be stricter, the capital gains rate higher, and they should pay the same effective tax rates as their second- and third-level reports.
  • Cprescott No. Whatever the company wants to pay for Executive help is up to them and their stockholders. Since they are the only ones who live this job 24/7/365, they should be well compensated. I've been a GM for decades and that is my responsibility for the same period; I cannot imagine trying to run an entire company with all of the potential snafus that arise.