Quote:
Originally Posted by 442OLDS
I might be wrong,but I think the contingency sponsors put up the contingency money and the sanctioning bodies get to keep the money that isn't claimed.For example,if someone was to win a race with a particular brand of slicks,then the other companies that are posting contingency would not have a contingency winner in that class at that race.There is no way for somebody to win a race using three different brands of tires.Instead of just not paying the contingency,the money is paid directly to NHRA/IHRA.They post money in every class at every race whether somebody uses their product or not.That is the way it was explained to me years ago.
|
Unless somethings changed, that is not the case @ all.
Back in 2000 I was sponsored by an RV dealership that was a contingency sponsor, & all they had to do was pay IHRA an administrative fee (back then, I think it was $2,500 for a divisional program) & then pay the posting only to the racer as long as the racer met the criteria.
I'm sure that administrative fee has gone up over the years & I'm quite sure it's probaly even more if they wanna post for Nationals also. I'de also be willing to bet that NHRA's admin fee is even more than IHRA's.
So that being said, I think a lot of company's are looking to trim some fat wherever they can & that NHRA & IHRA administrative fee sticks out like a sore thumb!
I believe the future is gonna be registering directly with the companys! Some company's having been doing it this way for years already.
I'de say just my $.02, but I guess I rambled on more like $.25