Offshore has two principle meanings:

1. Physical - in the sea away from the shore; not on the shoreline but out to sea.
2. Financial - a relative term generally applied to low tax jurisdictions on "off-shore" islands - hence the association with the physical meaning. Many of these islands encourage the formation of letterbox companies, which are used to conceal the beneficiary owner for various purposes (hiding and laundering narcodollars or the proceeds from other illicit activities, parking funds in rapidly depreciating currencies, hiding assets in divorce proceedings etc.)

Note: Not all offshore centres are in a physical respect offshore as the term would suggest, e.g. Dublin, Delaware (USA) or Switzerland.

More on [ Offshore ]

SI.com - Motorsports

Defending champ Bowyer gets Nationwide win
Sat, 04 Jul 2009 01:59:14 -0400
DAYTONA BEACH, Fla. (AP) -- Clint Bowyer's first victory of the season gave Richard Childress Racing a much-needed boost.
Stewart gets pole after rain washes out Daytona
Fri, 03 Jul 2009 19:48:05 -0400
DAYTONA BEACH, Florida (AP) -- Tony Stewart will start from a familiar spot Saturday night at Daytona International Speedway.
Stewart, Busch favored at Daytona
Fri, 03 Jul 2009 17:34:47 -0400
Independence Day weekend is usually one filled with food, fun and fireworks. Saturday night at Daytona International Speedway should provide all that and more, especially the fireworks. While fans at the track and watching at home get to kick back with a cold one and enjoy the festivities, for the 43 drivers behind the wheel Saturday night is about anything but relaxing. It will be 400 miles of door-to-door, white knuckle action under the lights as they battle each other and the ever present threat of "The Big One". Add in the new double-file restart rule and the fireworks during the race might be just as hot and bright as the ones that will fly when someone survives the night to celebrate in victory lane.
Brian France defends NASCAR drug-test policy
Fri, 03 Jul 2009 16:49:48 -0400
DAYTONA BEACH, Fla. (AP) -- Brian France says NASCAR's drug-testing policy is a fair system that protects its competitors and fans from the dangers of an impaired driver on the race track.
Mark Beech: Red Bull may already regret switching to Scott Speed
Fri, 03 Jul 2009 11:09:58 -0400
The preseason hype long gone, Scott Speed may have worn out his welcome at Red Bull after crashing into teammate Brian Vickers, says Mark Beech.
Nominees for first Hall of Fame class announced
Thu, 02 Jul 2009 22:38:09 -0400
Stock car racing giants ranging from Bill France Sr. and Junior Johnson to Richard Petty and Dale Earnhardt are among the 25 nominees for NASCAR's first Hall of Fame class.

ESPN.com - NASCAR

Drivers are ready to contend with heat and tricky plate racing at Daytona
David Newton Fri, 03 Jul 2009 16:16:05 -0700
There are two thing most drivers are concerned about in Saturday's Coke Zero 400 at Daytona International Speedway: the heat, and "Smoke."
Fans are up in arms on both sides of the Jeremy Mayfield debate
Marty Smith Fri, 03 Jul 2009 14:29:35 -0700
The reaction to the Jeremy Mayfield saga keeps roaring along and filling up Marty Smith's inbox.
Sprint Cup: Tony Stewart gets pole after rain washes out Daytona International Speedway qualifying
Associated Press Fri, 03 Jul 2009 21:46:11 -0700
Points leader Tony Stewart was awarded the pole for Saturday night's race at Daytona International Speedway, getting the top spot when rain washed out Sprint Cup qualifying.

USATODAY.com Motor Sports - Top Stories

Defending Nationwide champ Bowyer races to Daytona win
Sat, 04 Jul 2009 03:21:50 -0000
Clint Bowyer won the Nationwide Series race at Daytona International Speedway for his first victory of the year. The defending ...
Stewart on pole after rain washes out qualifying
Fri, 03 Jul 2009 22:15:36 -0000
Points leader Tony Stewart was awarded the pole for Saturday night's race at Daytona International Speedway, getting the top ...
France defends NASCAR's drug policy
Fri, 03 Jul 2009 21:14:39 -0000
Brian France defended NASCAR's drug testing policy as the toughest in professional sports, despite a federal judge's ruling that ...
NASCAR Hall of Fame nominees a who's who of stars
Fri, 03 Jul 2009 01:30:38 -0000
Stock car racing giants ranging from Bill France Sr. and Junior Johnson to Richard Petty and Dale Earnhardt are among the 25 ...
For Logano, first big-league victory just now sinking in
Thu, 02 Jul 2009 21:18:16 -0000
After the first Sprint Cup victory of my career Sunday at New Hampshire Motor Speedway, I did all the photos and interviews, ...
Lee Petty, Yarborough among nominees for NASCAR Hall
Thu, 02 Jul 2009 17:49:32 -0000
Lee Petty and Cale Yarborough are among the 25 nominees for NASCAR's first Hall of Fame class. NASCAR released the two names ...

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