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-   -   Buybacks???? (https://classracer.com/classforum/showthread.php?t=36645)

BobOrme 10-15-2011 02:05 PM

Re: Buybacks????
 
Re-entry is different from a buyback in that you still have to win to move on to round two.

cicero819 10-15-2011 04:25 PM

Re: Buybacks????
 
Tim, what is buy back insurance? Buy backs would work if used properly, all first round loser wanting to get back in the program would have to run each other and then the winner could be inserted into the next round, this way, they would be deserving of continuing in the program. Claude R.

Tim H 10-15-2011 05:27 PM

Re: Buybacks????
 
Claude,you will find the buy back info on Arnie's site back approx 1 month ago ...$$$$

Mark Faul 10-15-2011 06:10 PM

Re: Buybacks????
 
The way I see it...IHRA is trying to do something really great for us racers, guaranteeing $5000 to win plus contingency for $200 to enter. If they have to have $100 buybacks to help augment the purse, so be it. Compare that to $1800 to win in NHRA for $305....

Ed Fernandez 10-15-2011 06:24 PM

Re: Buybacks????
 
Buybacks are the equilivent of having a nanny gov't to take care of your needs.

We need more buybacks.Too bad they don't have them in ther sports.Then:

1)My Islanders could have the game back they lost to Edmonton in 1985.Then they could have won a fifth championship in a row.
2)Bill Buckner's miscue in the 1986 World Series.
3)Give back Bobby Thompson's home run against the Dodgers.
4)My ***** light last year at MG national event in the semis.
5)I bet the Germans would like buybacks for the wars they screwed up.Let's not even mention the French.

Tony Janes 10-15-2011 07:24 PM

Re: Buybacks????
 
Mark I agree with you, I like the idea. The sad part is we do not have that option.

340Cuda 10-16-2011 08:31 AM

Re: Buybacks????
 
Quote:

Originally Posted by BobOrme (Post 287982)
Re-entry is different from a buyback in that you still have to win to move on to round two.

Please explain "re-entry" and how it works compared to buybacks.

Thanks,
Bill

442OLDS 10-16-2011 09:33 AM

Re: Buybacks????
 
Quote:

Originally Posted by 340Cuda (Post 288075)
Please explain "re-entry" and how it works compared to buybacks.

Thanks,
Bill

The way I understand it is that if you lose in the first round,you can pay the "re-entry" fee and you essentially race ANOTHER first round loser.IF you win that round,you are back into the second round like everybody that won the first round.

This is a better system than automatically buying back into the second round without ever winning a round like some tracks have done it.

I understand why this is done to help with the purse,but my math shows that 22 cars paid to re-enter the race.That is $2200 toward the purse.IF 11 cars did not show up at the race at all because they don't like the concept of "re entry",then $2200+ was lost in potential revenue.

Tod Lane 10-16-2011 10:56 AM

Re: Buybacks????
 
Quote:

Originally Posted by Ed Fernandez (Post 288012)
Buybacks are the equilivent of having a nanny gov't to take care of your needs.

We need more buybacks.Too bad they don't have them in ther sports.Then:

1)My Islanders could have the game back they lost to Edmonton in 1985.Then they could have won a fifth championship in a row.
2)Bill Buckner's miscue in the 1986 World Series.
3)Give back Bobby Thompson's home run against the Dodgers.
4)My ***** light last year at MG national event in the semis.
5)I bet the Germans would like buybacks for the wars they screwed up.Let's not even mention the French.

The French are broke, there's no way they can afford a buy back for all those losses

Bryan Worner 10-16-2011 11:05 AM

Re: Buybacks????
 
If you want buybacks, go to your local track and bracket race! I have voiced my opinion to the IHRA officials on the buybacks! Now, if more of you "class racers" would attend these events, they would not have to offer buybacks to generate more income!!! So I blame IHRA, the host track, and the "class racer" who does not attend these Sportsman Spectacular races for the buyback option!

This weekend is a perfect example of what I mean! You have a packed house at an open race that you pay $170 to enter, to win $1000, when you have 45-64 car fields in a race that costs $200 to enter and pays $5000 plus contingency! Or, travel 1000 miles to go to a points race!!

All of you who bitch and complain on here about NHRA and their fees and low payouts, just keep your mouth shut on here! You have nothing to bitch about and I don't want to hear it anymore!!


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