Div Payout Info

Joe Pinkston · 10-11-2007, 05:55 PM

I may be wrong (I've been wrong many times before), but this is the way I understand it to work. The track pays NHRA to be able to host a division race. The track keeps the entry-fee and spectator ticket money and is then responsable for paying out the purse set by NHRA. From what I have heard, this is why Carl doesn't run TAD and TAFC at the race in Orlando. The spectator ticket sales doesn't justify the purse paid to these classes, and I guess it is his option to make that decision.

Not sure how it works with tracks like Gainesville and Atlanta that are owned by NHRA, but I guess that money goes into the general track operating account and then the purse is paid from that account. Not sure if they have to pay to host the event or not.

Joe Pinkston
2155 S/ST

JRyan · 10-11-2007, 09:12 PM

Joe,

The old NHRA (non-profit) would have to pay the new NHRA (profit) for the use of the track. Only in this case, the charge is probably a bazillion $$$ to make up for giving ol' non-profit NHRA the (on paper) $110,000,000. Cripes, it's $35,000 per NHRA National Event for the rent for Sportsman racing now even at tracks that NHRA (profit side) DOESN'T OWN.

Good old corporate GREED. Don't ya just love it.

Jerry

10-11-2007, 05:55 PM	#1
Joe Pinkston Member Join Date: Jun 2006 Location: Williston, Fl. Posts: 352 Likes: 2 Liked 1 Time in 1 Post	Re: Div Payout Info I may be wrong (I've been wrong many times before), but this is the way I understand it to work. The track pays NHRA to be able to host a division race. The track keeps the entry-fee and spectator ticket money and is then responsable for paying out the purse set by NHRA. From what I have heard, this is why Carl doesn't run TAD and TAFC at the race in Orlando. The spectator ticket sales doesn't justify the purse paid to these classes, and I guess it is his option to make that decision. Not sure how it works with tracks like Gainesville and Atlanta that are owned by NHRA, but I guess that money goes into the general track operating account and then the purse is paid from that account. Not sure if they have to pay to host the event or not. Joe Pinkston 2155 S/ST __________________ Joe Pinkston 2155 S/ST

10-11-2007, 09:12 PM	#2
JRyan Senior Member Join Date: Apr 2003 Location: Aberdeen SD Posts: 645 Likes: 30 Liked 112 Times in 31 Posts	Re: Div Payout Info Joe, The old NHRA (non-profit) would have to pay the new NHRA (profit) for the use of the track. Only in this case, the charge is probably a bazillion $$$ to make up for giving ol' non-profit NHRA the (on paper) $110,000,000. Cripes, it's $35,000 per NHRA National Event for the rent for Sportsman racing now even at tracks that NHRA (profit side) DOESN'T OWN. Good old corporate GREED. Don't ya just love it. Jerry