|Racing Dreamz new program
Disabled Veterans Program
Please help us build our newest program, the Disabled Veterans Program. By
donating your 'project'/sports car, you will be helping us helping vets who has that
dream of competing in motor sports. Our program hopes to help them gain
confidence in themselves, their abilities and further their outlook in life. For your
donated vehicle, we can issue you an IRS tax deductible receipt for for the Fair
Market Value of the vehicle(you may set FMV). Plus Racing Dreamz will issue a
"Statement of Use", indicating, for your tax purposes, that we plan on "using" your
donated vehicle in our Programs. Along with the deductible receipt and Statement
of Use, an IRS form 1098-C will be issued to you for your tax filings. We will NOT
sale your vehicle if it is road worthy and safe. It does not have to be competition
"teched", just safe. The three competitions we plan on using the vehicles in are
AutoX, RallyX and Hill Climb events.
Help us help those who gave their all so that we are
safe and free.
Here is a link to current IRS rules on donations of
Racing Dreamz has joined forces with
To help support our veteran brothers in the Alabama and Georgia regions.
We hope to bring you more events in the near future so that we can reach out to more veterans.