Taxes

It is astonishing what you can learn about different countries if you follow motor racing. I have no real knowledge about tax except for those tear-stained begging letters I receive from the Inland Revenue, but I have picked up a few things.

Cunningham, Scarab, and Chaparral were all major American sports car projects and they all lasted just under five years. Each project was funded from the pocket of a wealthy individual who could write it off against tax provided it did not last more than five years. Briggs Cunningham and Jim Hall continued to be entrants, but they bought their cars from elsewhere.