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Tim Beverly
Timothy J. Beverley (born 1956) is former NASCAR team owner. Beverley was one of the founders of Tyler Jet, L.L.C., an aircraft sales and refurbishing company based in Tyler, Texas. In 1998, he purchased DarWal Inc. and ISM Racing and merged them together to form Tyler Jet Motorsports. He fielded cars for Darrell Waltrip, Rich Bickle, David Green and Johnny Benson. In 2000, he sold the team to MB2 Motorsports. Beverley started Tyler Jet L.L.C. in 1986. Tyler Jet was a thriving business that bought, sold and repaired aircraft, operated an FBO and ran a business aircraft interior completions and refurbishment center. In February 2002 Tyler Jet creditors forced the company to file Chapter 7 bankruptcy, which Beverley later amended in court to Chapter 11 bankruptcy. In 2004, Beverley, who was then Tyler Jet president and chief executive officer, was sentenced to six years in prison, and the company's Chief Financial Officer Gregory A. Hopper was sentenced to three and one-half years i ...
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NASCAR
The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. The privately owned company was founded by Bill France Sr. in 1948, and his son, Jim France, has been the CEO since August 2018. The company is headquartered in Daytona Beach, Florida. Each year, NASCAR sanctions over 1,500 races at over 100 tracks in 48 US states as well as in Canada, Mexico, Brazil and Europe. History Early stock car racing In the 1920s and 1930s, Daytona Beach supplanted France and Belgium as the preferred location for world land speed records. After a historic race between Ransom Olds and Alexander Winton in 1903, 15 records were set on what became the Daytona Beach Road Course between 1905 and 1935. Daytona Beach had become synonymous with fast cars in 1936. Drivers raced on a course, consisting of a stretch of beach as one straightaway, and a narrow blacktop beachfront highway, Florid ...
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Fixed-base Operator
A fixed-base operator (FBO) is an organization granted the right by an airport to operate at the airport and provide aeronautical services such as fueling, hangaring, tie-down and parking, aircraft rental, aircraft maintenance, flight instruction, and similar services. In common practice, an FBO is the primary provider of support services to general aviation operators at a public-use airport and is on land leased from the airport, or, in rare cases, adjacent property as a "through the fence operation". In many smaller airports serving general aviation in remote or modest communities, the town itself may provide fuel services and operate a basic FBO facility. Most FBOs doing business at airports of high to moderate traffic volume are non-governmental organizations, either privately or publicly held companies. Though the term ''fixed-base operator'' originated in the United States, the term has become more common in the international aviation industry as business and corporate aviati ...
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1955 Births
Events January * January 3 – José Ramón Guizado becomes president of Panama. * January 17 – , the first nuclear-powered submarine, puts to sea for the first time, from Groton, Connecticut. * January 18– 20 – Battle of Yijiangshan Islands: The Chinese Communist People's Liberation Army seizes the islands from the Republic of China (Taiwan). * January 22 – In the United States, The Pentagon announces a plan to develop intercontinental ballistic missiles (ICBMs), armed with nuclear weapons. * January 23 – The Sutton Coldfield rail crash kills 17, near Birmingham, England. * January 25 – The Presidium of the Supreme Soviet of the Soviet Union announces the end of the war between the USSR and Germany, which began during World War II in 1941. * January 28 – The United States Congress authorizes President Dwight D. Eisenhower to use force to protect Formosa from the People's Republic of China. February * February 10 – The United States Sev ...
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NASCAR Team Owners
The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. The privately owned company was founded by Bill France Sr. in 1948, and his son, Jim France, has been the CEO since August 2018. The company is headquartered in Daytona Beach, Florida. Each year, NASCAR sanctions over 1,500 races at over 100 tracks in 48 US states as well as in Canada, Mexico, Brazil and Europe. History Early stock car racing In the 1920s and 1930s, Daytona Beach supplanted France and Belgium as the preferred location for world land speed records. After a historic race between Ransom Olds and Alexander Winton in 1903, 15 records were set on what became the Daytona Beach Road Course between 1905 and 1935. Daytona Beach had become synonymous with fast cars in 1936. Drivers raced on a course, consisting of a stretch of beach as one straightaway, and a narrow blacktop beachfront highway, Stat ...
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Boat
A boat is a watercraft of a large range of types and sizes, but generally smaller than a ship, which is distinguished by its larger size, shape, cargo or passenger capacity, or its ability to carry boats. Small boats are typically found on inland waterways such as rivers and lakes, or in protected coastal areas. However, some boats, such as the whaleboat, were intended for use in an offshore environment. In modern naval terms, a boat is a vessel small enough to be carried aboard a ship. Boats vary in proportion and construction methods with their intended purpose, available materials, or local traditions. Canoes have been used since prehistoric times and remain in use throughout the world for transportation, fishing, and sport. Fishing boats vary widely in style partly to match local conditions. Pleasure craft used in recreational boating include ski boats, pontoon boats, and sailboats. House boats may be used for vacationing or long-term residence. Lighters are used to convey ...
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Pompano Beach, Florida
Pompano Beach ( ) is a city in Broward County, Florida, United States. It is located along the coast of the Atlantic Ocean, just north of Fort Lauderdale. The nearby Hillsboro Inlet forms part of the Atlantic Intracoastal Waterway. As of the 2020 census, the city's population was 112,046. Located north of Miami, it is a principal city in the Miami–Fort Lauderdale–West Palm Beach metropolitan area, which was home to an estimated 6,158,824 people in 2017. Pompano Beach Airpark, located within the city, is the home of the Goodyear Blimp ''Spirit of Innovation''. History Its name is derived from the Florida Pompano (''Trachinotus carolinus''), a fish found off the Atlantic coast. There had been scattered settlers in the area since at least the mid-1880s, but the first documented permanent residents of the Pompano area were George Butler and Frank Sheen and their families, who arrived in 1896 as railway employees. The first train arrived in the small Pompano settlement on Feb ...
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Money Laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In US law, money laundering is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money. In UK law the common law definition is wider. The act is defined as "taking any action with property of any form which is either wholly or in part the proceeds of a crime that will disguise the fact that that property is the proceeds of a crime or obscure the beneficial ownership of said property". In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Offic ...
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Bankruptcy In The United States
In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact "uniform Laws on the subject of Bankruptcies throughout the United States". Congress has exercised this authority several times since 1801, including through adoption of the Bankruptcy Reform Act of 1978, as amended, codified in Title 11 of the United States Code and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). Some laws relevant to bankruptcy are found in other parts of the United States Code. For example, bankruptcy crimes are found in Title 18 of the United States Code (Crimes). Tax implications of bankruptcy are found in Title 26 of the United States Code ( Internal Revenue Code), and the creation and jurisdiction of bankruptcy courts are found in Title 28 of the United States Code (Judiciary and Judicial procedure). Bankrupt ...
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MB2 Motorsports
MB2 Motorsports was a NASCAR Cup Series team based in Mooresville, North Carolina, near the sport's hub in Charlotte. The team was founded by Read Morton, Tom Beard, and Nelson Bowers, from which the original team name were named after. Bowers was the longest tenured of the original owners, and the listed owner of the teams' entries when resort and real-estate developer Bobby Ginn bought out the team (with his family having 80% ownership; longtime team director Jay Frye owned the remaining 20% of the rebranded team) in 2007, renaming it to Ginn Racing for that season only. The Valvoline corporation co-owned the No. 10 (later the No. 14) car with the principal owners from 2001 to 2005 as MBV Motorsports, while the No. 36 entry (later the No. 13) was co-owned by Centrix Financial, LLC owner Robert Sutton as MB Sutton Motorsports in 2005. Throughout the existence of the team in both MB2 Motorsports and Ginn Racing iterations, the organization ran General Motors brands. NASCAR Cup ...
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Tyler, Texas
Tyler is a city in the U.S. state of Texas and the largest city and county seat of Smith County, Texas, Smith County. It is also the largest city in Northeast Texas. With a 2020 census population of 105,995, Tyler was the List of cities in Texas by population, 33rd most populous city in Texas and List of United States cities by population, 299th in the United States. It is the principal city of the Tyler metropolitan area, Greater Tyler metropolitan statistical area, which is the List of metropolitan statistical areas, 198th most populous metropolitan area in the United States, U.S. and List of Texas metropolitan areas, 16th in Texas after Waco metropolitan area, Waco and the Bryan–College Station, College Station–Bryan areas, with a population of 233,479 in 2020. The city is named for John Tyler, the tenth President of the United States. In 1985, the international Adopt-a-Highway movement began in Tyler. After appeals from local Texas Department of Transportation officials, ...
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Johnny Benson
Jonathan Thomas Benson Jr. (born June 27, 1963) is an American retired stock car racing driver and the son of former Michigan modified driver John Benson Sr. Benson has raced across NASCAR's three national series ( Cup, Busch, Truck), and his career highlights include the 1993 American Speed Association AC-Delco Challenge series championship, the 1995 NASCAR Busch Series championship, the 1996 NASCAR Winston Cup Series Rookie of the Year Award, and the 2008 NASCAR Craftsman Truck Series championship. Benson, who began his NASCAR career in 1993, is the second of only three drivers that have won a championship in both the Busch Series and the Craftsman Truck Series, and the seventeenth of only thirty-six drivers to win a race in each of NASCAR's three national series. Early career Benson was born in Grand Rapids, Michigan. He graduated from Forest Hills Northern High School in 1981. He became a late model champion at Berlin Raceway in Marne, Michigan before joining the Amer ...
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David Green (NASCAR)
David Green (born January 28, 1958) is an American former stock car racing driver, who currently works as a NASCAR official. While driving, he won the 1994 NASCAR Busch Series championship. His two younger brothers, Jeff and Mark have also competed in the NASCAR circuit. As of 2022 he remains 1 of 2 NASCAR Xfinity Series Champions to not to score a single top ten in the NASCAR Cup Series. Early Busch career Green, born in Owensboro, Kentucky, made his debut in 1989 at Hickory Motor Speedway for Day Enterprise Racing, starting 15th but finishing 30th after suffering an engine failure. He ran two more races the next year, suffering transmission failure in both races. In 1991, Green signed up with FILMAR Racing to drive the No. 8, and made an immediate impact, winning the pole position at the season-opening Goody's 300. Despite failing to qualify for two of the first seven races, Green won in just his 12th start at Lanier Raceway. He would finish runner-up to Jeff Gordon for Rookie ...
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