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Old 09-14-2016, 01:43 PM   #9
BKSG1198
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Default Re: Tech Card Fee,....Lane/Payout Fee

Quote:
Originally Posted by Greenlight View Post
Then and now
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September 2016 - E-town Division Race

510 tech card and at least one additional person per tech card (on average)

(510*170) + (510*55) = $114,750

Number of spectators at $10 Friday,$20 Saturday, $20 Sunday.

(12 *10) + (50* 20) + (50 * 20) = $2120

Total number of drag dogs and t-shirts sales dollars (profit) $2000

Total Weekend Payout = $22,000
Total Advertising Cost = $500

Total income minus advertising and payout = $96,370
*Then subtract NHRA's cut ($50,000), manpower($20,000), insurance ($5000), overhead($10,000),.......

Track owner's cut = $21,370
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September 1980 - E-town Division Race

(500 * 60) + (500 * 25) = $42,500

(1000 * 10) + (3000 * 12) + (3000 * 12) = $82,000

Total number of drag dogs and t-shirts sales dollars (profit) $20,000

Total Weekend Payout = $22,000
Total Advertising Cost = $10,000

Total income minus advertising and payout = $112,500
*Then subtract NHRA's cut ($25,000), manpower($10,000), insurance ($3000), overhead($5,000),.......

Track Owner's cut = $69,500
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Of course many of the values are estimates, but I think a little advertising goes a long way. I never see ads any more for Division or National Events.
The sad part is what the track took home doesn't even pay for 1/4 of the taxes they pay per month. Like I said when you have politicians who are not making a dime off the track and are not "car guys" they will do everything and anything to make it so high that they can't do improvements and put the place out of business so they can build the next big shopping mall or business park or housing development.
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