The Internal Revenue Service (IRS) has set the standard business-mileage deduction at 55 cents for 2009. This is below the 58.5 cents allowed during the second half of 2008, but above the 50.5 cents permitted during the first half. Widely fluctuating gasoline prices triggered two different rates for 2008.
STAYING PUT: Juan Pablo Montoya has rejected offers from several Formula One teams to remain in the NASCAR Sprint Cup Series.
TRADE OUT: A new trade show will come to the city of Indianapolis in December of 2009, with the International Motorsports Industry Trade Show being held at the Indiana Convention Center December 2–3. The show will be produced by Performance Events Promoters with assistance from the Indiana Motorsports Association.
The crew at GT Channel have a new performance driving video series on their website. Entitled “FAB 2,” it features three of the top pro drift drivers competing to execute the most stylish and flawless 180 slide into a parking spot. Adding to the challenge: they must perform it in a front-drive Scion tC. Check out the videos here.
Filler for eNews
Dates and locations for several upcoming SEMA-sponsored shows and activities have been announced. Details are:
SEMA-member companies have posted several new listings for job opportunities at www.sema.org/classifieds. Working for a SEMA-member company has many advantages. In addition to working for a company that supports and contributes to the success of the overall industry, being employed by a SEMA-member company enables employees to participate in webinars, access free market research, join SEMA committees and more. The newest classified listings posted under Positions Available include:
SEMA eNews highlights the websites of SEMA-member companies through the Hot Links to Cool Sites section each week. SEMA members: To be included in Hot Links to Cool Sites, e-mail your company name and website to eNews@sema.org. Note: make sure to include “Hot Links” in the subject line of the e-mail.