- 12 -
cars during the years in issue was their display at the Flair
Body Works locations.
Most of Flair Body Works’ customers come from insurance
agents who send their clients to the shops. Most of the
customers live in the Oklahoma City area and were not present in
large numbers at car races outside of the Oklahoma City area.
Petitioner has worked on race cars for other people occasionally,
but he typically does not charge to perform that work.
Petitioner maintained a race shop originally located at
Flair Body Works’ Moore, Oklahoma, location. The race shop and
the Legends race cars were used in Flair Body Works’ business to
demonstrate for customers how various car parts worked. In
October 2000, petitioners acquired 80 acres of land in their
names personally. A $20,000 escrow deposit, a $60,000
downpayment, and another $20,000 payment made at closing were all
paid by Flair Racing in cash. Petitioners built their personal
residence on the acquired land, as well as a new race shop, which
was not completed as late as July 2003. In October 2001,
petitioners gave to each of their two sons 5 acres of the 80-acre
parcel.
The new race shop was not open to the public, and there were
signs saying “Stay Out” by the gates at the entrances to
petitioners’ property. Petitioner did not want people around the
Legends race cars or the race shop. The race shop was not air-
Page: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: November 10, 2007