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12-30-2017, 07:12 PM | #1 |
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Contingency money?
Been a long time since I've had any coming, but do many of you guys had to wait over two and a half months to receive all your contingency money from winning a points race? "Back in the day" I don't remember it taking this long. Had brown hair last time. LOL
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Ed Wright 4156 SS/JA |
12-30-2017, 07:32 PM | #2 | |
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Re: Contingency money?
Quote:
If you are diligent weekly or at least monthly they will pay. Oh AND "don't spend it all in one place" - that was an attempt at humor Ron
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time is our most precious resource, you can always make more money but you can never make more time spend your time wisely with the ones you love - Ron Durham Last edited by Andys dad; 12-30-2017 at 07:42 PM. |
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12-30-2017, 07:55 PM | #3 |
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Re: Contingency money?
I've faxed 1099s, some paid right away, waiting on only two checks right now. Sent them everything. Contingency request forms, a 1099, a picture of the car showing their decal, etc. Just waiting on springs and weather station checks right now. Paid about the same total to win a points race in the 1980s. Would buy more fuel and parts then. LOL
Thanks, Ed
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Ed Wright 4156 SS/JA |
12-30-2017, 08:13 PM | #4 |
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Re: Contingency money?
I took runner up at an IHRA race this year, most companies paid quickly. The con rod company paid reluctantly (good faith) because my rods were more than three years old. Ignition company refused to pay because decal was too old, (guess spectators who buy there stuff can only read new decals)! And the carb company refused because mine was more than five years old. It's not expensive enough running in stock eliminator, now we need to dump useable parts for new stuff every couple years.
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12-30-2017, 09:30 PM | #5 |
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Re: Contingency money?
There are some stand up companies and
some that are not so much the good one's seem to pay right away some you have to chase a little. I will tell you though I have claimed on a certain weather station company several times with nothing but excuses.
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Ron Mattson 5015 STK |
01-01-2018, 12:33 AM | #6 |
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Re: Contingency money?
Which one. We need to make sure we don't support them if they don't do what they say.
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Darrel Goheen 785-623-7021 Stock Eliminator 585 94 Camaro Z/28 LT1/ET 585 67 Chevelle 427 Tehnician for JustAnswer.com |
12-30-2017, 09:33 PM | #7 |
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Re: Contingency money?
Last IHRA race I ran, I won a points race. Check never did clear. I would had almost none of the right parts & decals. Got what contingency paid both, only a couple iirc. The check from the track I finally threw away. There was only 8 SS cars, so the track payout was much less than advertised. Seems like the advertised was based maybe on 32 cars? When I called the track about the check I was told IHRA required their fee when they arrived. Very low car counts made the track lose a good amount of money. I felt sorry for the guy, and just tore it up. Never saw ten SS cars at one of their races. Tried to support them by racing with them. The SS cars were mostly guys that ran NHRA around here too. Good cars. Seems like that track closed.
After that one, I gave up and never ran another IHRA race. Expensive enough when we get paid.
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Ed Wright 4156 SS/JA |
01-02-2018, 12:51 PM | #8 |
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Re: Contingency money?
I've been waiting on Weld to pay for a race win back in June. I've never had an issue with Computech, Jiffy Tite or Sunoco as others have posted here.
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Dave Ficacci 1013 STK 1170 SS |
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