QUOTE (TT22KH @ Aug 13 2008, 08:35 PM)

That is all true, norules, but I am pretty sure that the acronym ASA still stands for American Speed Association. I am pretty sure you are correct, Ed.
The ASALMS started as the USPRO Cup Series I believe 5 or 6 years ago. The series was then purchased by ASA and then named the ASA Late Model Series. Following this sale, the ASA Late Model Series was bought out from Steve Dale by Ron Varney and became its own entity separate from ASA, although the name still remains the same. But the acronym ASA still stands for American Speed Association, although it is no longer affiliated with the ASA Midwest Tour or the ASA Member track program.
This is how I understand the deal but I could be wrong.
You are incorrect. Found this on another message board. The "American Speed Association" name is owned by Racing Speed Associates and Dennis Huth.
Hopefully…this explanation below will try to help clear up some confusion that is being noticed on here.
First…let’s talk about the American Speed Association that is now owned by Dennis Huth. Huth recently purchased the entire American Speed Association name from Steve Dale. Dale previously owned the American Speed Association which included its well known ASA National Tour that had its last race in 2004 from the famous Rex Robbins family in early 2003.
One of the things that Dale got with the purchase was the ASA Member Track program which Robbins started in 2001. The member track program was a gleam in the eye and never took off. In 2003, Dennis Huth was brought in to run the ASA Member Track program as Dale formed a new LLC “ASA Member Track.” Huth also brought in the Speed Truck Challenge, now known as the ASA Speed Truck Challenge Series.
Later, when Dale formed the ASA Late Model Series, LLC, he made Varney a minority partner. Both the ASA Member Track and ASA Late Model Series were formed under the master corporation “American Speed Association.”
When the ASA National Tour ended, Huth purchased the Member Track program LLC and was given use of the ASA name under the contract and the series that he brought in to the American Speed Association family at the end of 2004 from Steve Dale. Varney purchased the LLC for the ASA Late Model Series and was given use of the ASA name under a contract. This past year, Huth purchased the rights of the master corporation of American Speed Association from Dale which holds the contracts for the ASA Late Model Series and ASA Member Track Program.
The ASA Member Track program has over 30 tracks in it throughout the United States.
There are two huge benefits with being a member of the ASA Member Track program.
First, is the insurance, ASA members in good standing are eligible for a $500,000 Excess Medical Benefit as well as a $20,000 Accidental Death and Dismemberment Benefit. Coverage for the member begins while traveling to a location promoting an ASA-sanctioned event and continues until arrival home again. The American Speed Association is the only sanctioning body to offer insurance coverage which extends beyond the boundary of the racetrack itself (complete details are available online at www.ASA-Racing.com).
Second, is the recently announced ASA Member Track National Championship. You can read more about this at (http://www.asaracing.com/story.asp?StoryID=7859). The National Champion will receive a cash award and a test session with Joe Gibbs Racing.
The American Speed Association sanctions nine regional series across the United States including: ASA Midwest Tour, ASA Southeast Asphalt Tour, ASA Northwest Tour, ASA Speed Truck Challenge, and more. But it does not sanction the ASA Late Model Series.
When the ASA Late Model Series was started, Dale started a brand new corporation and he brought in Varney as a minority owner. At the end of the 2004 season, Ron Varney purchased the LLC and was granted “use” of the ASA name for the ASA Late Model Series.
Huth was contacted about this for some in-depth facts for this report and he declined to be quoted but he did say that he reads some of the reports and wonders where people come up with some of the stuff. But he believes in approaching everything on a professional level and refuses to try this case or the facts in the press.
In an interview that Ron Varney did prior to the start of the 2006 season, he stated...
“The ASA Late Model Series was formed when my series (USPRO) merged with the old ASA. Steve Dale and myself were the only two people who owned the renamed ASA Late Model Series. In November of 2004, I purchased Steve's portion of the business, which I now own 100%. So the answer is no, we have no affiliation with the American Speed Association or Steve Dale or anyone else.
Also to set the record straight, the ASA Late Model Series has never and will never be affiliated with the ASA Member Track Program or Dennis Huth.
The ASA Late Model Series has chosen its own path and direction and we see ourselves as a totally unique and innovative series with our own rules and our own creative development plan that focuses on reviving short-track racing throughout the country. What we do is promote short track racing with the crate motor, template body package with cost limitations on parts that appeal to everyone. We race at a number of venues throughout the country and encourage tracks to implement our rules package to make racing affordable for everyone.” (Source:
http://www.motorsport.com/news/article.asp...496&FS=ASA)According to multiple sources, the lawsuit that was filed is because both Huth and Varney, through their respective companies, were given rights to use the ASA name in front of their various entities from the American Speed Association, LLC which was owned by Steve Dale. In papers obtained for this report, it was found that the lawsuit concerns the trade marking of the ASA Late Model Series by Varney. The example an attorney gave was “it’s no different than someone who buys a McDonalds franchise. They can use the McDonalds trademark, but they cannot own it.” When Huth purchased the American Speed Association, he purchased the rights of the trademarks, which he only had the rights to “use” before, just like Varney did with his.
Hopefully, this will clear up any confusion.