|
|
-
The cost of racing!
Dirttrackker did a great show about the cost of just showing up at a late model event. Whether we want to bury our head in the sand and ignore it, or look for solutions. One big thing is purse structure, top heavy purses are bad for the sport. 125,000 to win and 6,000 for 6th is a joke. Dirt late model racing needs a couple tracks to go all in on late models, like several tracks have done for sprints. Example Knoxville raceway sprints are thriving, 5000 to win weekly and 20,000 to win the points. Look at payouts for 2 thru 4, 2nd 3,000, 3rd 2,750 and 2,500. Husets pays between 4,000 and 5,000 weekly. Port Royal pays 4,000, 2,000 and 1,500. Those tracks are helping the sprint car racing sport grow. The feeder system for late models shrinks more and more every year. Only a fool looks and gauges the health of the sport based on Lucas, WOO and Eldora events. A few tracks need to do this for the dirt late model world. Or Lucas Oil and WOO need to create a feeder system. Or maybe some of the corporate sponsors of those series help fund this to happen.
-
This is the year that will be known to hurt DLM racing the most imo. Rumblings of some teams throwing in the towel.
-
-
Originally Posted by Pennsboro32
This is the year that will be known to hurt DLM racing the most imo. Rumblings of some teams throwing in the towel.
I'd say just final straws for some. The damage was done at least 10 years ago.
Modern Day Wedge Racing
Florence -3
Atomic - 2
Moler - 1
-
I could be wrong but thought I had heard the weekly Knoxville races lose money, it's funded by a portion of the profits made off the 410 Nationals week.
-
We need to stop making excuses. Have you seen the payout for the Knoxville nationals?
1. $185,000 2. $85,000 3. $45,000 4. $30,000
5. $25,000 6. $24,000 7. $23,000 8. $22,000
9. $21,000 10. $20,000 11. $19,500 12. $19,250
13. $19,000 14. $18,750 15. $18,500 16. $18,250
17. $18,000 18. $17,500 19. $17,000 20. $16,500
21. $16,000 22. $15,500 23. $15,250 24. $15,000
Not just some top heavy payout.
1500 for last in B-main and 900 last in C main. So they actually payout decent for not making the feature.
Example 20,000 for 10th at Knoxville nationals, 10th at World 6,000.
Last edited by play4kps; 10-18-2023 at 03:53 PM.
-
The Knoxville Nationals purse is impressive, but they are making A CHIT TON more than they pay out as well.
Grandstand capacity: 20,322
Saturday sells out @ $60/each = $1,219,320
2023 total purse from their website: $1,159,005
Saturday grandstands alone pay the purse for the entire week.
-
As I keep saying... "we need more money" is the easy part. Someone start figuring out where money can/will/should come from.
-
The sport used to be a lot bigger than the guys who decide to venture to Eldora. I'm concerned about that class of racer having a place to race. Guys that have 1/2 million+ budgets do not concern me.
The payout of one big race doesn't fix anything.
Modern Day Wedge Racing
Florence -3
Atomic - 2
Moler - 1
-
Originally Posted by Pennsboro32
This is the year that will be known to hurt DLM racing the most imo. Rumblings of some teams throwing in the towel.
Teams such as?
-
Originally Posted by Pennsboro32
This is the year that will be known to hurt DLM racing the most imo. Rumblings of some teams throwing in the towel.
Most teams are losing a lot of money. I know they're not in it to make a fortune. But they're not in it to lose a fortune either. On the other hand, just wait until these teams start rolling into the track in a new $1 million+ rig.
-
Originally Posted by MRM
Most teams are losing a lot of money. I know they're not in it to make a fortune. But they're not in it to lose a fortune either. On the other hand, just wait until these teams start rolling into the track in a new $1 million+ rig.
We have been thru an extended period of low interest rates and economic prosperity. Wait until the economy actually takes a dive. It may actually provide the collapse needed to reform the sport in a positive way.
Modern Day Wedge Racing
Florence -3
Atomic - 2
Moler - 1
-
Originally Posted by Tireguy17
The Knoxville Nationals purse is impressive, but they are making A CHIT TON more than they pay out as well.
Grandstand capacity: 20,322
Saturday sells out @ $60/each = $1,219,320
2023 total purse from their website: $1,159,005
Saturday grandstands alone pay the purse for the entire week.
Eldora gets that many if not more. And Eldora sells far more beer, liquor, and food. If we continue to make excuses, we will continue to slide down. 99% of late models that run at weekly tracks have no chance of running competitively with the top tier teams. That used to be charm of dirt late model racing, watching the locals compete with the big name travelers. Those days are long gone.
-
Originally Posted by play4kps
Eldora gets that many if not more. And Eldora sells far more beer, liquor, and food. If we continue to make excuses, we will continue to slide down. 99% of late models that run at weekly tracks have no chance of running competitively with the top tier teams. That used to be charm of dirt late model racing, watching the locals compete with the big name travelers. Those days are long gone.
What locals? There are none anymore.
-
play4kps.....
Every promoter in the country will accept your contribution to their purses and you will become well known!
-
Alright, how about all the money North Carolina tossed around at the end of covid to 'help racing'? I stood at another facility that could use a facelift to make it more 'fan friendly' and wondered why they did not get the 'help' that was promised. Seems like most of the money went straight to North Wilksboro and that crowd....Shame, think how much better it could have been to spread the $20 million around to maybe 20 tracks (dirt, pavement, drag, etc.) and truly helped a much bigger community. Most of the tracks in our area haven't seen paint in years then wonder why they are not attracting a new group of fans. Nope, they gave our tax money to an organization that bought the track to strip it's dates, not to mention they seem to have the funds to run their other tracks without issue.
-
Jog49, that attitude fixes nothing, for starters at least balance the purse. As Dale Mcdowell even stated, its hurting the sport. And 84 wedge, how about Spencer Hughes race team, the Scott brothers, this is just the beginning. And Mastersbuilt your spot on, a lot of these teams did it to themselves, changing chassis every week, fortunes spent on shock packages and select teams hiring hundreds of thousands of dollars in engineers. Inflation is out of control and the sport needs to be proactive. But I can assure you when the corporate sponsors of the 2 biggest series are helping fund the demise of this sport, nothing will change.
-
I find it amazing that 14 regulars ran the entire Lucas tour and 15 regulars ran the entire WOO tour. The series must be doing some things right, or a lot of these guys would have dropped off.
-
Originally Posted by MasterSbilt_Racer
We have been thru an extended period of low interest rates and economic prosperity. Wait until the economy actually takes a dive. It may actually provide the collapse needed to reform the sport in a positive way.
Agreed 100%. The re-set is coming.
-
Originally Posted by Kipimak
I find it amazing that 14 regulars ran the entire Lucas tour and 15 regulars ran the entire WOO tour. The series must be doing some things right, or a lot of these guys would have dropped off.
that’s why some are going out of business. Lot of teams have no business running a national tour financially.
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
All times are GMT -5. The time now is 02:20 PM.
|
|
Bookmarks