IHRA Contingency

Tim Irwin · 01-26-2009, 06:09 PM

The admin fee charged by the sanctioning bodies is used to manage their respective programs. it covers advertisment, credentials, ( when I handled it at IHRA I gave sponsors enough credentials to make up for the admin fees they paid) midway space and labor to police the program to name a few. The sponsors handle the payouts directly to the racers. IHRA has no minimum payout but NHRA does. What that meant was if your minimum payout is 15K per product and you only pay out to racers 11K, you owe NHRA 3K. What that does is make sure a sponsor posts for as many classes as possible. Some sponsors will try to come in and post for 1 class and expect all of the priveliges that the sponsors that a sponsor that posts for all classes. Granted there are some products that don't fit in all classes. in those cases a sponsor may choose to pay "decal only postings" to keep from paying NHRA the balance. You would honestly be surprised how many guys try and take advantage of the system. the 2 percent that do make it for the 98 percent that follow the rules. the rules are simple. Run thr product and the decals. And return any information the company might need to register you as a racer that qualifys to recieve contingency. You'll see more sponsors asking the racers to fill out information cards and return them to the sponsor to qualify them for contingency. All because a few can't follow the rules.

Remember that our country is going through hard economic times, that includes some of the sponsors that have been so good to us when times were good. please remember to thank them for their support, past and present.

01-26-2009, 06:09 PM	#8
Tim Irwin Junior Member Join Date: May 2008 Location: Portland IN Posts: 31 Likes: 0 Liked 0 Times in 0 Posts	Re: IHRA Contingency The admin fee charged by the sanctioning bodies is used to manage their respective programs. it covers advertisment, credentials, ( when I handled it at IHRA I gave sponsors enough credentials to make up for the admin fees they paid) midway space and labor to police the program to name a few. The sponsors handle the payouts directly to the racers. IHRA has no minimum payout but NHRA does. What that meant was if your minimum payout is 15K per product and you only pay out to racers 11K, you owe NHRA 3K. What that does is make sure a sponsor posts for as many classes as possible. Some sponsors will try to come in and post for 1 class and expect all of the priveliges that the sponsors that a sponsor that posts for all classes. Granted there are some products that don't fit in all classes. in those cases a sponsor may choose to pay "decal only postings" to keep from paying NHRA the balance. You would honestly be surprised how many guys try and take advantage of the system. the 2 percent that do make it for the 98 percent that follow the rules. the rules are simple. Run thr product and the decals. And return any information the company might need to register you as a racer that qualifys to recieve contingency. You'll see more sponsors asking the racers to fill out information cards and return them to the sponsor to qualify them for contingency. All because a few can't follow the rules. Remember that our country is going through hard economic times, that includes some of the sponsors that have been so good to us when times were good. please remember to thank them for their support, past and present. __________________ Tim Irwin 3002 COMP