Tech Card Fee,....Lane/Payout Fee

[Mark Yacavone]

Originally Posted by cmracing

I have my inside info.........

I will have to see what I can dig-up regarding the varying payouts within the same division.....

We had roughly 510 competitors on hand at this past weekends Div 1 event at E-Town, all at $170 a pop.

The Index Classes are not included in that number, and they only paid $50 for a tech card (at least the 11.50 and 10.00 peeps), the 8.50 racers may have paid their "normal" $100 fee. Anyway, their payout was based on tech cards sold for their classes, which was dismal.........

Racers are certainly not here to chase the $$$$. Well, at least not into their pockets, maybe chasing it OUT of their pockets! I know, I had two cars entered and drove a third! Glutton for punishment!

Thanks for your comments.

The LODRS fee in Div . 7 is $165, agreed upon by the participating tracks.

[7423]

Originally Posted by Mark Yacavone

A former Midwestern 600 car LODRS track operator told me, after giving up the points meets, that it wasn't worth the effort, after the two week long prep work for one time per season increased car count.
He told me that, after a good Friday night T&T session, a Saturday Team race, and then a Sunday specialty event, he would come within about $500 of what he would clear after a Divisional, with nowhere near all the extra work.

That is exactly why Bakersfield no longer has a point race. Also the reason why Salt Lake City requires a double to make the nut. Division One has an easy time of it because they have so many tracks that are all centrally located within the division. In Division Seven, the participating tracks are between four and six hundred miles apart from each other. Chase the carrot out here, you better be independently wealthy and retired.

[Jeff Stout]

Im speaking from memory, but I think a divisional 10 years ago was $13.5k to have it and after 500 cars NHRA received a certain percentage of that entry. I think entry was $145 then. So the first 94 cars paid the amount required to NHRA. So the other 406 cars paid $58870.00 This is without crew or spectator fees and concessions collected.

[Michael Beard]

Wouldn't it be great if... oh, nevermind.

[Myron Piatek]

Damn you Beard! I'm still trying to get over my disappointment of there not not being another event because of a lack of participation!

[Paul Merolla]

This thread makes me even more grateful to the folks that make Midwest Class Racers such a success. 8 races this year, and they all pay like this or better! It's no wonder we always have 50-75 cars at every race.

[Terry Knott]

Originally Posted by Michael Beard

Wouldn't it be great if... oh, nevermind.

Hey Michael, maybe if we put up our Wally for the winner???

[Mike Pearson]

Originally Posted by Paul Merolla

This thread makes me even more grateful to the folks that make Midwest Class Racers such a success. 8 races this year, and they all pay like this or better! It's no wonder we always have 50-75 cars at every race.

These types of events can be successful if the promoter can get some sort of corporate sponsorship to cover the purse plus get some butts in the seats to generate revenue. Then the car counts would not be so critical until the event gets some history. The promoter cannot expect to make a huge profit or even break even at the first few events but he has to start somewhere and build on the event year to year. Most all of us have to schedule our vacation time to attend large events during the racing season. I have to schedule mine early in the year so I schedule around the NHRA and IHRA major events that are the closest to my area. As I have said many times it is up to the promoter to sell his product to the paying customer and that is not just the racer. I really hope someone like Michael Beard can get another class national series going. He had a great idea but did not have the financial backing to continue on which is a shame. They put a ton of effort into that race.

[Superfan1]

Michael put his heart and soul into the Class Nationals in 2014 and 2015. I was there both years, in 2014 with my wife; and in 2015 by myself, and we had a great time. It's an absolute shame that the racer participation and support was so weak. If Michael, or any other promoter, decides to have a race similar to the Class Nationals within 1000 miles driving distance of my home, I will be there.

[Greenlight]

Then and now
.................................................. .................................................. ...............................
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
.................................................. .................................................. ................................
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
.................................................. .................................................. .......................................

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.