Re: more news from NHRA
Tick, Tick, Tick .................
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Re: more news from NHRA
I am surprised that Coke bailed on such a small sponsorship. That would be chump change for a corporation like Coke. Must have been more issues than just the issues due to the Covid 19 virus and a few events cancelled. I wonder how much Coke lost when the Olympics was cancelled earlier this year.
5 million dollars per year is nothing for Coke. NHRA is the top drag racing sanctioning body. Once the economy gets back to normal they should be able to attract other sponsors to pick up the slack that Coke left behind. Might take several to make up that difference. In the mean time all of us will suffer because of the sponsor loss. It takes a lot of capital to keep the NHRA on the road all year. Hauling their equipment from one end of the country to the other is a big expense. |
Re: more news from NHRA
Instead of watching to see if they fail or not. Maybe it would be a good time for the sportsman racers to come together and get something done. Probably a good time to get there attention. As much as you guys have invested in your sport I would think it would be hard to just watch the ship sink.jmo
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Re: more news from NHRA
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Re: more news from NHRA
I read the law suit. It says that Coke told NHRA in 2019 they wanted to bail early. NHRA told them this year they could pro rate the payment, but they missed the complete May payment of half the 5.2 mil.
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Re: more news from NHRA
With all the interest in attending national events and the grade point issue, maybe now would be the time for our division reps to push for larger quotas and a change in the grade point structure.
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Re: more news from NHRA
In my opinion NHRA knew they were filing the lawsuit when the Pro purses were cut.
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