Re: Strange Engineering/NHRA dispute
Just like many successful businesses, the NHRA has grown significantly over the years and with that growth comes more employees and related operational expenses. If they cannot meet those expenses through event ticket sales, memberships, and race car fees they have to get creative as a means of meeting their financial obligations. That is the most likely reason their sponsorship program is set up the way it is. Unfortunately, they have chased away some pretty good sponsors.
On another note, I was told that all racers in the pro ranks do not have to pay admission to any of the NHRA events, is this true? |
Re: Strange Engineering/NHRA dispute
Nelson,
Your PM box is full. |
Re: Strange Engineering/NHRA dispute
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Re: Strange Engineering/NHRA dispute
Personally I think it's a hold out that should be stopped.
Think about it, nhra was the "authority" that would make sponsors pay out, if you won and somebody didn't pay it would be a battle to get your money as a lowly individual. But by giving the money to nhra it would get to the racer. Now, Jump ahead 30-50 years..today there is internet and how many times have you seen on here "XXXX COMPANY WON'T PAY CONTINGENCY" Everybody kmows instantly and the company better pay or people get wise real quick and stop running the parts/decals. So, what is the purpose of nhra now? To guarantee racers get their money? LOL (that even sounded funny typing it) I say there is no reason for the money to go to nhra. (especially when they charge company's for the processing fee) All company's post their contingencies (heck put it in ND and nhra can charge the companies $50 for a year long "ad" or whatever) You mail the company directly, they mail you a cheque. Or they can have a rep at the track to hand out the cheque etc. For a company to have to pay $7K or more for the "priveledge" of giving racers money seems rediculous to me. |
Re: Strange Engineering/NHRA dispute
I heard NASCAR is even worse. You better bring a wheelbarrow full of cash to have your products endorsed by them.
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Re: Strange Engineering/NHRA dispute
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How the NHRA runs the program is another story. |
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Re: Strange Engineering/NHRA dispute
To add to what Joe said:
The operational policies of NHRA were set up way before any of the economy crunches hit or their growth demanded more people. One of the problems is the lopsided salaries some of the execs and past execs get. Most of the board is way over paid. Someone said there are a couple of double dippers, too. If you have ever seen any of their tax returns you could understand they are set up on Greed. |
Re: Strange Engineering/NHRA dispute
Companies are better off sending some product and a hoodie to the guys on Street Outlaws. Way better exposure.
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Re: Strange Engineering/NHRA dispute
It always seems with large organizations both public and private the more cash coming in, the more the people running the show help themselves to the goodies. There are executives here in Wayne County, (Detroit) that gave themselves a sweetheart deal where they get more money in retirement pension than they received in salary when they worked. This type of nonsense is what gets organizations in trouble. So what do they do, they charge more in taxes or for the products they sell. Wayne County at the moment is in big financial trouble.
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