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MyLLC.com Sponsors Desert Dingo Racing 2009-10 Off-Road Racing Season
Race car owners and teams see the importance in operating as a corporation or LLC.
By: MyLLC.com, Inc.
“Few sports illustrate the importance of liability protection better than off-road racing. For teams big and small, it can’t be overstated how important it is ensure that drivers, co-drivers, owners, investors, and their families are protected in the event of a mishap”, said MyLLC.com® Vice-President Greg Monterrosa. “Operating as a properly formed and maintained Limited-Liability Company provides a liability “shield” for the entire team, as well as offering substantive tax benefits that could not be realized without the use of a business entity such as an LLC or Corporation.”
Desert Dingo Racing campaigns a 1969 Volkswagen Beetle in off road races in the U.S. and Mexico. The team is the official World Diabetes Day off road race team and works with the International Diabetes Federation to raise money for diabetes education and awareness programs. Two Desert Dingo team members have Type 2 diabetes and several other team members have a history of the disease in their families. The team makes the car available for public events and distributes thousands of hero cards with the warning signs of diabetes printed on the back in English and Spanish.
“We knew that operating as an LLC had tremendous advantages in terms of liability protection, financial management and for working with sponsors,” said Dingo co-founder Jim Graham. “MyLLC.com®
The team is ranked third in the Southern Nevada Off Road Enthusiasts (SNORE) racing series in the Stock Bug class, and just finished fifth of 10 VWs in the SNORE South Point 250 in Primm, Nevada. The car will be on display at the World Diabetes Congress in Montreal from Oct. 18-22 and the team heads to Mexico in mid-November for the Baja 1000, which runs Nov. 21-22 with a start and finish in Ensenada.
Founded in 1998 and based in Westlake Village, California, MyLLC.com® is a leading document filing service that caters to individuals, small-businesses, as well as the legal and financial industries throughout the United States and abroad.
MyLLC.com®, the authors of Limited-Liability Companies for Dummies™ offers customers complete entity formation, entity dissolutions/
About Desert Dingo Racing
Desert Dingo Racing is a team of high tech professionals based in Santa Cruz and Silicon Valley who campaign a 1969 VW Beetle in off road races in the U.S. and Mexico. They are the official World Diabetes Day off road race car and the team raises money for diabetes education and awareness programs sponsored by the International Diabetes Federation. To learn more, visit http://www.desertdingo.com .
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Founded in 1998 and based in Westlake Village, California, MyLLC.com®, the authors of Limited-Liability Companies for Dummies is a leading document filing service that offers customers business solutions. To learn more, visit http://www.MyLLC.com