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I know some races do pay prize money like the Pro Nationals, etc. But for some reason I thought the insurance companies frowned upon racing for money? Am I wrong?
my primary insurance company said they would not cover any racing accident I had IF I WAS racing for money, of which they call it PROFESSIONAL racing..............pretty sure most other insurance companies would feel the same way...........
At the USTS race in Hartford, CT., they handed out prize money and tow money.... then handed back the entry fees! Perhaps Pat Wright will comment.
As for what to do at a stock race- Steve Noury has had some of the best ideas and put on some of the best races in many decades here in New England. Dropping the entry fees will put more boats on the water... what you would save in entry fees can go towards gas money.
I have made a fair amount of prize money "back in the day" and it didn't make the racing crazy- it may have made it a little more competitive! I think it is best to spread the money around...
The ODA had a cap $300 (I think) so not just a couple of trailers driving long distance would get all the money. The Trout Creek race I think will bring several trailers with a lot of miles, so not sure how the best way is on that. I know a couple times I only got $60 to $80 for tow but only drove 200 miles. I felt that was ok because others drove 700 miles and got more for gas.
At Centralia IL race Alan had money put aside for total points for the weekend, I know it made me race more classes. So that might be another idea, he paid 1st 2nd and 3rd.
Kevin
"I would rather lose going fast enough to win than win going slow enough to lose."sigpic
I think we have pretty much decided tow money for multiple reasons, some of which we hadn't thought of on our own. We had already planned on pretty inexpensive entry fees, we do however have to cover expenses.
Welcome to hydroracer, we hope you enjoy your visit.
At the USTS race in Hartford, CT., they handed out prize money and tow money.... then handed back the entry fees! Perhaps Pat Wright will comment.
As for what to do at a stock race- Steve Noury has had some of the best ideas and put on some of the best races in many decades here in New England. Dropping the entry fees will put more boats on the water... what you would save in entry fees can go towards gas money.
I have made a fair amount of prize money "back in the day" and it didn't make the racing crazy- it may have made it a little more competitive! I think it is best to spread the money around...
you may wish to talk with Roy Mackey he may have some good input ,on tow money!
at the NBRA nationals what ever they did there worked well it seemed! tow money seemed about 3500 or 4000.00 but they prorated it based on how far a rig traveled and ask us how many miles 1 way we traveled the Oklahoma Club may be able to shed some light on what was done regarding tow money at the NBRA nationals in OKLA
i do know if we did not race we did not get tow money!!!!
we would just as soon see it be all tow money am trying to set up plans to make this event don t count us out yet
It is tough to make the ends meet when you put on a race. In the last 8 years I have raised around $28,000.00 in prize/tow money and more than that for expenses for the Raccoon Lake Race. The way I look at it if I can raise any money over and above my expenses then I can and should give it to the drivers who helped make my race a success. I call on around 45-50 busineses every year for sponsorships and end up with around 35 that give. This is the key and it takes time, you start early not two weeks before the race. You can say what you want but money will also without a doubt increase your race entries. This is just my take on the whole deal.
Alan V-25
At the Southern Championships, in McAlester, Ok.(NBRA) We will have one third tow money(1500), trophies(400), and prize money(3000)...just trying to please everyone. You ask the driver where he is from, do a mapquest distance search and that is the milage. If alot of drivers come to Montana, the amount per mile will be very small. With a good sponsor, there is some pressure to put on a good show. The biggest difference in APBA and NBRA is the points are given to the order of finish after the times are checked. In NBRA, the points are given per heat. You do not need to run way out front and you can put on a better show, you just need to win by a inch. You need prize or tow money here in the midwest because the numbers of entries are low and you can not put on a race with just entry money.
I think everybody when they start racing wants some kind of trophy or plaque. After you have been in it for a while I think most people would like to have money. I have a small trophy that my Uncle won back in the early 50's and I am very proud of it. Money gets gone but a trophy can be passed down to your kids and Grand-kids.
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