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

[Mark Yacavone]

Originally Posted by cmracing

The track does not set the Tech Card price, nor do they decide on the payout structure......... NHRA does that.

"The track does not set the Tech Card price"
We've already determined that.

"nor do they decide on the payout structure"
Why does the payout vary between track within the same division?

Thanks for your comments
Oh, and you speak from what authority, Mr. cm ?

[cmracing]

Originally Posted by Mark Yacavone

"The track does not set the Tech Card price"
We've already determined that.

"nor do they decide on the payout structure"
Why does the payout vary between track within the same division?

Thanks for your comments
Oh, and you speak from what authority, Mr. cm ?

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!

[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.

[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???

[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.

[BKSG1198]

Originally Posted by 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.

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.