CRT podcast and contingency myths

1347 · 02-06-2022, 11:09 AM

I believe I have listened to all of the Class Racing Today podcasts and have learned something from almost every one of them. One of the first eye opening ones was with Bill Bader. After hearing for years the myths of NHRA coming in and taking over your track at a divisional, and how the track made very little money, Mr. Bader explained how it really worked, and it was nothing close to what I have heard in the past. If you have time, tune into it.

This weeks with Dan Kennedy was another eye opening one. I don't want to give it away, but I will tell you that I have heard from many people that NHRA charged alot of money for the contingency program and that they were the only ones making money. It was also rumored they had to put up the money in escrow, NHRA kept that money if it wasn't paid out, and many other things. If you have listened to the podcast already, state your thoughts on it. If you haven't, take a listen and post your thoughts.

What I took away is that the program is affordable for all, depending what route you want to take. After hearing that if you go all in as a top contingency poster, the 7600.00 that you pay gets you a 25x25 spot at all national events, hard cards for you and your employees to work the event, and your company promoted at those events, I don't know why more companies wouldn't take advantage of this, other that the fact that most of these companies are now under one roof. And if that is it, there may be no need to compete against other products you already own. If that's the case, it's not NHRA's fault, and I dont know how you fix that, other than new private owned companies getting involved to compete.

02-06-2022, 11:09 AM	#1
1347 Senior Member Join Date: Aug 2007 Location: Monroe Twp NJ Posts: 500 Likes: 1,028 Liked 988 Times in 272 Posts	CRT podcast and contingency myths I believe I have listened to all of the Class Racing Today podcasts and have learned something from almost every one of them. One of the first eye opening ones was with Bill Bader. After hearing for years the myths of NHRA coming in and taking over your track at a divisional, and how the track made very little money, Mr. Bader explained how it really worked, and it was nothing close to what I have heard in the past. If you have time, tune into it. This weeks with Dan Kennedy was another eye opening one. I don't want to give it away, but I will tell you that I have heard from many people that NHRA charged alot of money for the contingency program and that they were the only ones making money. It was also rumored they had to put up the money in escrow, NHRA kept that money if it wasn't paid out, and many other things. If you have listened to the podcast already, state your thoughts on it. If you haven't, take a listen and post your thoughts. What I took away is that the program is affordable for all, depending what route you want to take. After hearing that if you go all in as a top contingency poster, the 7600.00 that you pay gets you a 25x25 spot at all national events, hard cards for you and your employees to work the event, and your company promoted at those events, I don't know why more companies wouldn't take advantage of this, other that the fact that most of these companies are now under one roof. And if that is it, there may be no need to compete against other products you already own. If that's the case, it's not NHRA's fault, and I dont know how you fix that, other than new private owned companies getting involved to compete. __________________ Duane Hoven 1342 SS/GT