contingency

C and W Racing · 01-19-2012, 05:00 PM

Personally, I think any contingency sponsor should send the money to NHRA at the begining of the year. As people win and runner up, NHRA verifys you have the decals and product, and pay you at the same time you get paid for the win or runner up. We as racers, no longer get jurked around waiting on checks, and NHRA will still make out because not everyone will have all the product that is posted for. If the funds are posted, and someone wins, NHRA is not entitled to keeping money owed you just because a posting company can use it for a write off. They will now be able to write all of it off and NHRA keeps the excess anyways
Chuck

01-19-2012, 05:00 PM	#23
C and W Racing Senior Member Join Date: Jul 2007 Posts: 557 Likes: 6 Liked 13 Times in 3 Posts	Re: contingency Personally, I think any contingency sponsor should send the money to NHRA at the begining of the year. As people win and runner up, NHRA verifys you have the decals and product, and pay you at the same time you get paid for the win or runner up. We as racers, no longer get jurked around waiting on checks, and NHRA will still make out because not everyone will have all the product that is posted for. If the funds are posted, and someone wins, NHRA is not entitled to keeping money owed you just because a posting company can use it for a write off. They will now be able to write all of it off and NHRA keeps the excess anyways Chuck