Racing without a purse.......

AJ Laferty · 03-16-2022, 07:49 PM

Yes, i would race without a purse. I autocross (a form of class racing) at least 10 times a year for the last 30, none of which offered a purse---most don't even offer a trophy except end of year. IMHO, adding a purse only motivates people to invest more money to chase that elusive money. If i recall correctly, i read somewhere the Internal Revenue Service said that auto racers will spend on average, eight times what they have the possibility to win. That is, if they won EVERY time they raced. I don't know the validity of it, but my observation is that people throw money at racing... it is the old story, if you want to become wealthy by racing, start out filthy rich...

03-16-2022, 07:49 PM	#8
AJ Laferty Junior Member Join Date: Dec 2013 Location: Elizabeth City, NC Posts: 47 Likes: 80 Liked 25 Times in 9 Posts	Re: Racing without a purse....... Yes, i would race without a purse. I autocross (a form of class racing) at least 10 times a year for the last 30, none of which offered a purse---most don't even offer a trophy except end of year. IMHO, adding a purse only motivates people to invest more money to chase that elusive money. If i recall correctly, i read somewhere the Internal Revenue Service said that auto racers will spend on average, eight times what they have the possibility to win. That is, if they won EVERY time they raced. I don't know the validity of it, but my observation is that people throw money at racing... it is the old story, if you want to become wealthy by racing, start out filthy rich... __________________ Jeff Laferty Suffolk, VA