-3- functions. Petitioner also served on the loan committee and designed the review mechanism by which the members of the bank’s loan committee assessed loan applicants. Petitioner believed that his business degree and technical skills could be an advantage to him in drag racing. Petitioner began competing about 1974, beginning with a relatively simple car and then moving up. Petitioner applied his extensive knowledge of mechanics, mathematics, and physics to make important technical modifications to his car. For example, petitioner installed electronic equipment intended to fine-tune the car’s reaction time. Petitioner is a skilled mechanic and was able to perform almost all of the work on his car himself. Petitioner also kept detailed computer records of his car’s performance during each race, including weather conditions, heat times, and records of opponents’ performances. Petitioner thought these records would help him identify the ideal attributes of his car to enable him to win races. Petitioner also often spoke to other competitors and assessed their strategies. Petitioner also examined less successful competitors in an attempt to determine why those competitors were not successful. Petitioner began winning rounds of competition in 1991 and races in 1993. Petitioner carefully organized his racing schedule to compete in races where he had the greatest chance of success. During the years at issue, petitioner raced mainly at unsanctioned or “outlaw” racetracks, which had lower entry feesPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011