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Getting paid for racing boats

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  • Getting paid for racing boats

    Racing in the south central of the US, you will get money. Usually paid for the miles traveled to the race site. The largest pay out was Mt. Home, Ar, with $8,000 last fall, others were Jacksonville, Il. $7,500, Grove, Ok $3,000 and Centraila, Il. $4,000.. Most all races put out by NBRA and USTS have good tow money. This year our top races are Clarksville Ar. $7,500, Grove $6,000, Jacksonville $5,000+, Jacksboro Tx $TBA, Centraila TBA, other races have not been announced but all are in the thousands. Why does this not happen with other boat races?

  • #2
    Maybe you should share how you get this amount of money from local businesses. How are you convincing a business that its justifiable for them to give you thousands of dollars.

    I would love to give tow money at my race.

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    • #3
      If you have been racing at a site for little or nothing. Why would they ever consider giving you money? Just not going to happen! We approach all new sponsors with a money package. We would never consider a new site without tow money. NBRA race expenses are cheap enough that entry fees cover that part,and usually make the sponsoring club some money. The key part is you need to ask for a money package. I think that most APBA stock and mod clubs have been racing for nothing for so long that they have accepted that as the norm. Time to change your business plan.
      Art K

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      • #4
        Again I state - "How are you convincing a business that its justifiable for them to give you thousands of dollars".

        Doc - I guess that answer to your question is that we've been at the Huntington race site for 29 years and that I've been using the wrong business plan. I'm so stupid!

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        • #5
          You have to put on a show (noise, speed, excitement) that is interesting for the people who paid to get in, or are eating the sponsor's food and drink. If the sponsors don't get anything out of deal why would they put up any money, and most people (fans) don't want to stay around much longer than 3 or 4 hours for the show.

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          • #6
            Indiana boat races currently don't have sponsors so the show is basically ours and runs all day to pay for it. Spectator turn out is usually good. We really don't have the "race for free" exposure that Art says because we usually just deal with property owners for use of the site and not money sponsors for tow money.

            Doc and Art - Please share your business plan and sponsor justification and maybe some day I can tell Doc that I have tow money. NBRA puts on really good races and I hope they share their experiences to help the rest of us continue our sport.

            Thanks

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            • #7
              Its not that anyone is stupid! I don`t know anything about how your race is financed. But if you have been doing this race for 29 years with no financial help from the city or the local business. I would think that their is little or no chance that they would do so now. But who knows until you ask. NBRA has no magic formula. But we do have some members that go out and work hard to get it done. I would suggest that you contact Tom Winters of Jacksonville Il or Alan Owens Centralia Il both of these individuals have raised large sums of money for their races. Both post on this site.
              Art K

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              • #8
                My race doesn't deal with the city or local business for financial support and a potential tow money sponsor doesn't know any details at this point . I'm asking how you justify the races to a tow money sponsor. I was just replying to the original question.

                NBRA is extremely successful in getting thousands of dollars in tow money. How do you do it?

                Lets start over - what do I do if I find a new race site with a potential sponsor?
                Tom or Alan?


                Thanks Art

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                • #9
                  you have to pitch the race, 1 is there is funding out there that just takes a little time and hoops to jump thru to get. find a target and pursue it, don't take no for a answer, and keep knocking on doors, NBRA has resources and graph charts to show what can go back to the community and sponsors, sell the deal and follow up. I have done 3 different race sites and here is what I have done in the past. mansfied, $3,000 1st 2 years 5k the 3rd, wheatland, $5k per event 3 times, and Clarksville 7,500, o yea 1 year we paid $1,000 to the winner of the 3 largest classes, plus the regular prise $$ and 3 guys left with $1,600 each, every 1 thought I was full of **** when I advertised that so the turnout was low, ( guess I got there attention after that) so heres the deal. I have worked and gotten 8 races and a total of , $36,500 . so I know its out there go get it.
                  Jeff
                  Jeff

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                  • #10
                    I have been organizing our ODA races for a long time. When we approach a potential race site, we usually contact the chamber of commerce of the potential town we would like to race in. We sell them an event. There are no other organizations that put on shows for free. No matter if it's a car show or a boat race there is always a cost to the town. We generate a lot of money for the towns we race in and should be paid to put on our show. So we don't go out and beat on doors to ask for every dollar. We have the sponsoring organization take care of it. We tell them how much money it will take for us to come and it's their responsibility to come up with the total.
                    Keith Kampen

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                    • kampenracing
                      kampenracing commented
                      Editing a comment
                      We also sell the fact that the more they pay, the more drivers will show up. Which generally helps all of the businesses that they approach for sponsorship. Also the ODA pays out every single $$$$ that we bring in from sponsorship. We don't use any sponsorship money for expenses.

                    • PROPDOC
                      PROPDOC commented
                      Editing a comment
                      Keith I would like to add that in here in Texas we also pay out every dollar to tow money. Our belief is that you don't short change the drivers that come and support your event. We make enough money from entry fees to support the club and pay the event insurance every year that we've had an event.

                  • #11
                    When will the tow money be announced for the races held this year?

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                    • #12
                      Clarksville Ar may 15th -17th $7500 in tow
                      Jeff

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                      • #13
                        Did I add execlent race water
                        Jeff

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                        • #14
                          Races are judged by the number of boats attend and the number of spectators. Increase in sale tax in the community is the most important factor. Large tow money, careful scheduleing and good race water gets the boats there. Door prizes and ample advertising get the spectators there. The best of all is Depue, they are the winners with 10,000 spectators and $34,000 in prize money.

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                          • #15
                            Very good info. Thanks Art,Jeff, Keith, Prop Doc and Hydro Doc ! I like the idea of using the Chamber of Commerce as a strong arm for tow money resources.

                            I have a few more questions that I hope is not too personal to put in writing.
                            • How much money do you tell the Chamber that a typical boat race brings into the city?
                            • What do you see as the best type of local business that participates and gives you tow money?
                            • What does that business usually want out of the races? What justifies that they become a partner?
                            • Are there multiple sponsors for the tow money or a single source?
                            I realize that you never want to expose a successful business plan to others. Please view this as helping other boat clubs (in other parts of the country) achieve the success you have. This is a nationwide economic problem and your experiences can help this wonderful sport survive.

                            Respectfully,
                            Bob Koschka

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