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Old 01-29-2015, 10:55 PM   #1
larrylomascolo
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Default Re: ATI to self-administer NHRA contingency

This has all started correct me if im wrong NHRA gets 50 k from a company ARP,or MOROSO lets say,and at years end $ 47,500.00 has been paid in contingency ,balance of $2,500.00 is not returned,NHRA locks it up and waits for the next years 50 k ,,is this why the self-administer animal has been uncaged ??????
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Old 01-30-2015, 11:37 AM   #2
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Default Re: ATI to self-administer NHRA contingency

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Originally Posted by larrylomascolo View Post
This has all started correct me if im wrong NHRA gets 50 k from a company ARP,or MOROSO lets say,and at years end $ 47,500.00 has been paid in contingency ,balance of $2,500.00 is not returned,NHRA locks it up and waits for the next years 50 k ,,is this why the self-administer animal has been uncaged ??????
Close but not exactly. NHRA sets a Min Payout for the company. You can't pay more than other companies either. $300 / 100 for Nationals, etc. At the end of the year the Company needs to have the min amount claimed by the racers for their product(s). If that min amount was not claimed, the company is to write a check to NHRA for the difference. I am not positive, but I believe that money was to be applied to a "points" fund. Which one I do not know. The min's vary for Major / Minor Contingency sponsors. ATI was a Major for 2 products. I won't disclose our Min amounts.
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Old 01-30-2015, 12:26 PM   #3
FED 387
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Question Re: ATI to self-administer NHRA contingency

Did'nt Mark Williams a while back???
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Old 01-30-2015, 12:47 PM   #4
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Default Re: ATI to self-administer NHRA contingency

ATI Products They want you to buy a trans too get rewards I run a manual trans but buy other products from them there like any other companies if you spend thousands in a certain time period you can cash in if you are a lucky racer. so I post no stickers most parts aren't thousands of dollars
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Old 01-30-2015, 01:11 PM   #5
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Default Re: ATI to self-administer NHRA contingency

The racing product market has grown so much over the past just 10 years let alone 30 that there are so many different companies to choose from for these products, the companies get penalized for that under NHRA's format. Keeping with ATI, just think of all the different convertor companies out there racers choose from now. ATI makes one if not the best convertor on the market in my opinion but we all know racers choose their breed. That is not the fault of the companies in diluted markets.

Because of this, yes it makes it a little more difficult for racers to claim, and a little less accountability for the companies but I absolutely applaud companies for this. Their ROI is just that, theirs. Its no secret we as racers buy products based on our ROI for such products and contingency plays a major role in what products we buy. There should be no reason a company has to pay another company(NHRA) for NOT paying out money because enough racers didn't make the claim for the minimum payout in a season.
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Old 01-30-2015, 02:17 PM   #6
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Default Re: ATI to self-administer NHRA contingency

Great idea ATI as quite a few class racers have mentioned to me that the current contingency program is a joke, at best.


That said, (and not rain on anyone's parade) I'm sure the suits in Glendora are discussing the next "fee" to circumvent this...oops I mean to "enhance the manufacture's experience".
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Old 01-30-2015, 03:24 PM   #7
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Default Re: ATI to self-administer NHRA contingency

ATI has very good products with great response in customer service!
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Old 01-30-2015, 03:36 PM   #8
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Default Re: ATI to self-administer NHRA contingency

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ATI has very good products with great response in customer service!
Wish I had the money I wasted on testing other converters back. Keep putting that same ATI back in. Won't waste anymore money there. Charley knows.
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Old 01-30-2015, 06:55 PM   #9
Dale Rethke
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Default Re: ATI to self-administer NHRA contingency

Remember Getting those awesome manufacturer t shirts off the trailers years ago really cheap! Now their is nothing like that as they are prohibited from that when I asked a few years back.
Sad
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Old 01-30-2015, 07:20 PM   #10
Rob Petrie E395
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Default Re: ATI to self-administer NHRA contingency

I'm wondering how long it will be before they pass a new rule. That you cant have a companies contingency decal on a car at a NHRA event. Unless the company is part of the NHRA contingency program.
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