Thursday, August 14, 2008

The Wesley Snipes of racing fuel

The president and chief executive of Torco Racing Fuels seems to have some problems with the federal government. By federal government, we mean the IRS, who raided the home of Evan Knoll this morning. Earlier this year, Knoll announced his company would halt all drag racing sponsorship programs, an amount speculated to be in the millions of dollars. The AP says Knoll and his businesses have been hit with three federal lawsuits since April 2007 that allege contract breaches and seek millions.

Damn gas prices.

IRS agents raid offices of one of drag racing's biggest names

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