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-   -   Title rights @ Natl events (https://classracer.com/classforum/showthread.php?t=31386)

Ed Fernandez 02-06-2011 01:57 PM
Title rights @ Natl events
 
Seems like the new guys at NHRA (marketing dept) have made a deal with a new title
sponsor for the events at Atlanta and Maple Grove.I'm curious,from a financial view,just who prospers from this deal.Does it benefit the NHRA,racers,fans,the Board of Dirs.?
If anybody has any insight I'd like to hear it.Please no speculation,that only leads to another typical free for all by the appeasers and detractors.

Tony Curcio 02-06-2011 08:07 PM
Re: Title rights @ Natl events
 
When I worked at Maple Grove in 1998-99, we were looking for a replacement for Pioneer Stereo. The way I remember it, if the track found its own title-rights sponsor, they kept 100% of the money. If NHRA found it, they split 50-50 between the track and NHRA.

The asking price was in the low six-figures.

Ed Fernandez 02-06-2011 09:28 PM
Re: Title rights @ Natl events
 
Quote:
Originally Posted by Tony Curcio (Post 238582)
When I worked at Maple Grove in 1998-99, we were looking for a replacement for Pioneer Stereo. The way I remember it, if the track found its own title-rights sponsor, they kept 100% of the money. If NHRA found it, they split 50-50 between the track and NHRA.

The asking price was in the low six-figures.
Thanks Tony.I wonder if the new board member (lawyer type) will try to get his fingers in the pie.Good luck to them with Lex guarding the safe.
Maybe they'll use the cash to pay for the resolution of the water weeping problem.

Bob Bender 02-07-2011 01:18 AM
Re: Title rights @ Natl events
 
Quote:
Originally Posted by Ed Fernandez (Post 238592)
Thanks Tony.I wonder if the new board member (lawyer type) will try to get his fingers in the pie.Good luck to them with Lex guarding the safe.
Maybe they'll use the cash to pay for the resolution of the water weeping problem.
ED, are u off ur meds again ??? lmao:eek:


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