I suppose it could be possible for the FAA to come to that conclusion although I think it would be a mis informed decision. There once was a time when some ( very few ) competitive pilots would draw a paycheck. At this point in history virtually nobody gets equipment for free. Yes they get discounts but as part of the deal to be a team member that are required to be flying the latest and greatest. This means that they have to buy equipment more frequently. Yes they are able to sell the old stuff off but in the long run it costs more to be a team pilot. They are also required to attend certain events in their region and receive no compensation/reimbursement for this. Simply put, guys do it simply because they want to and it feeds their ego.