more news from NHRA - Page 4

Jeff Johnson · 09-22-2020, 05:45 AM

Tick, Tick, Tick .................

Mike Pearson · 09-22-2020, 07:40 AM

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.

TILBURG · 09-22-2020, 07:49 AM

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

Greg Hill · 09-22-2020, 08:12 AM

Quote:

Originally Posted by TILBURG

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

Like trying to herd cats!

TILBURG · 09-22-2020, 08:34 AM

Quote:

Originally Posted by Greg Hill

Like trying to herd cats!

Has been proved lately that can be done.

Lyn Smith · 09-22-2020, 08:36 AM

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.

SS/1230 · 09-22-2020, 08:51 AM

Quote:

Originally Posted by TILBURG

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

Not sure there is anything sportsman racers can do...I think this year is going to affect NHRA hard when it comes to next season. The sportsman racers at the national level have been nothing but slot fillers for years. They do nothing for us except increase the entry fees.

TILBURG · 09-22-2020, 09:04 AM

Quote:

Originally Posted by SS/1230

Not sure there is anything sportsman racers can do...I think this year is going to affect NHRA hard when it comes to next season. The sportsman racers at the national level have been nothing but slot fillers for years. They do nothing for us except increase the entry fees.

I understand the slot filler deal. But when a company has gravy money to play with they might not have been hearing you guys as clear. And if nhra fails at a national level they fail at the lower level. If there insurance drops them can you imagine getting a new policy in today's time? Not sure but I bet alot of small tracks piggy back off of there policy.

Bob Sherwood · 09-22-2020, 09:26 AM

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.

340Cuda · 09-22-2020, 09:29 AM

In my opinion NHRA knew they were filing the lawsuit when the Pro purses were cut.

09-22-2020, 05:45 AM	#31
Jeff Johnson Junior Member Join Date: Sep 2013 Posts: 28 Likes: 2 Liked 34 Times in 13 Posts	Re: more news from NHRA Tick, Tick, Tick .................

09-22-2020, 07:40 AM	#32
Mike Pearson VIP Member Join Date: Mar 2007 Posts: 2,444 Likes: 613 Liked 1,917 Times in 575 Posts	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. __________________ Mike Pearson 2485 SS

09-22-2020, 07:49 AM	#33
TILBURG Junior Member Join Date: Oct 2010 Posts: 44 Likes: 4 Liked 79 Times in 7 Posts	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 Last edited by TILBURG; 09-22-2020 at 07:54 AM.

09-22-2020, 08:36 AM	#36
Lyn Smith VIP Member Join Date: Dec 2001 Location: Pontiac,il. Posts: 1,198 Likes: 282 Liked 963 Times in 193 Posts	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.

09-22-2020, 09:26 AM	#39
Bob Sherwood Member Join Date: Jul 2006 Location: South Dakota Posts: 153 Likes: 70 Liked 388 Times in 60 Posts	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.

09-22-2020, 09:29 AM	#40
340Cuda VIP Member Join Date: Apr 2003 Location: Tulsa, Oklahoma Posts: 1,669 Likes: 3,849 Liked 800 Times in 337 Posts	Re: more news from NHRA In my opinion NHRA knew they were filing the lawsuit when the Pro purses were cut.