Thoughts on this Purse

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  • latemodelman
    Senior Member
    • Feb 2008
    • 1361

    #1

    Thoughts on this Purse

    Why dont a track try this? Say you pay $100,000 to win and $10,000 to start 24 car field. B-Main non transfers get $1,000, C-Main non transfers get $700 and D-main non transfers get $500 and heats pay $2,000 to win and $300 to start. Maybe have the race at like Eldora or something. What would you all think? Maybe make it a 1 day show with hotlaps and qualifing and all in 1 day use hotlaps as your qualifing. Also charge $40 for stands and $50 for pits car entry $100 and get 1 free pit pass.
  • Josh Bayko
    Senior Member
    • May 2007
    • 8757

    #2
    They don’t try it because admission would have to be like 100+ bucks to come close to covering it.
    Follow me on Twitter: @JoshBayko

    Guerrilla Racing Junkies!

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    • latemodelman
      Senior Member
      • Feb 2008
      • 1361

      #3
      Not really purse would be around $950,000 and if you include streaming rights and all you would actually make money. I would guess you would see around 140 cars for this.

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      • JimBo
        Senior Member
        • May 2007
        • 812

        #4
        Dreamer

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        • MasterSbilt_Racer
          Senior Member
          • May 2007
          • 14324

          #5
          Originally posted by latemodelman View Post
          Not really purse would be around $950,000 and if you include streaming rights and all you would actually make money. I would guess you would see around 140 cars for this.
          What kind of streaming revenue do you think is available when you don't provide the infrastructure and just allow a subscription service to come in and shoot?

          At 9000 attendance, you have to monetize $106 per customer just to break even, if you have no overhead and labor.
          Modern Day Spec Wedge Racing

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          • ZERO25
            Senior Member
            • Aug 2018
            • 5240

            #6
            Originally posted by MasterSbilt_Racer View Post
            What kind of streaming revenue do you think is available when you don't provide the infrastructure and just allow a subscription service to come in and shoot?

            At 9000 attendance, you have to monetize $106 per customer just to break even, if you have no overhead and labor.
            It would be interesting to know if Tony had to break into his own piggy bank for the Million!

            Comment

            • MasterSbilt_Racer
              Senior Member
              • May 2007
              • 14324

              #7
              Originally posted by ZERO25 View Post
              It would be interesting to know if Tony had to break into his own piggy bank for the Million!
              I'd be absolutely shocked it it didn't make money.
              Modern Day Spec Wedge Racing

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              • billetbirdcage
                Senior Member
                • May 2007
                • 2020

                #8
                Originally posted by MasterSbilt_Racer View Post
                I'd be absolutely shocked it it didn't make money.
                Keep in mind the 50/50 ticket amounts per day, the amount listed is the half the ticket holder gets so the track gets the same amount. That pays a large portion of any purse over the course of the weekend, least of the big events at eldora with the large crowds.

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                • ImCryn2
                  Banned
                  • Oct 2009
                  • 885

                  #9
                  Originally posted by billetbirdcage View Post
                  Keep in mind the 50/50 ticket amounts per day, the amount listed is the half the ticket holder gets so the track gets the same amount. That pays a large portion of any purse over the course of the weekend, least of the big events at eldora with the large crowds.
                  That money goes to the Tony Stewart foundation (or another charity), not to the tracks bank account to cover the purse.

                  Comment

                  • cgrace
                    Senior Member
                    • Apr 2013
                    • 903

                    #10
                    IMO - keep at $50K and distribute the other $50k throughout the field.Make starting $5K and drivers would be very happy.Heck FALS charged $71 per reserved seat for their two day show, had tons of sponsor money. I realize the hype that Bshepp got $100K, but I would have much more liked the dollars be spread out as the PDC payout was dreadful other than for the winner.

                    Comment

                    • Drop Shock
                      Senior Member
                      • May 2012
                      • 821

                      #11
                      Originally posted by cgrace View Post
                      IMO - keep at $50K and distribute the other $50k throughout the field.Make starting $5K and drivers would be very happy.Heck FALS charged $71 per reserved seat for their two day show, had tons of sponsor money. I realize the hype that Bshepp got $100K, but I would have much more liked the dollars be spread out as the PDC payout was dreadful other than for the winner.
                      Exactly, was shocked they got that many cars but that just shows ya what a good job of promotion Rigsby and crew have done for the this event. It was like $2,000 to start and I think you had to get to 8th to win $3000. B Shep walked away with 100 grand, that math don’t really add up

                      Comment

                      • Buford.Justice
                        Senior Member
                        • May 2020
                        • 4981

                        #12
                        Originally posted by latemodelman View Post
                        Not really purse would be around $950,000 and if you include streaming rights and all you would actually make money. I would guess you would see around 140 cars for this.
                        A grandstand at most track is 5,000 or less. Sometimes 7,000 like Florence and some of the tracks with bigger grandstands.

                        Anyway $40 admission for 5000 adults is only is 200,000. How do you come up with the other $750,000?
                        If you're not outraged, you're not paying attention!

                        Comment

                        • Buford.Justice
                          Senior Member
                          • May 2020
                          • 4981

                          #13
                          Originally posted by ImCryn2 View Post
                          That money goes to the Tony Stewart foundation (or another charity), not to the tracks bank account to cover the purse.
                          You mean the Tony Stewart Foundation Bank Account????
                          If you're not outraged, you're not paying attention!

                          Comment

                          • billetbirdcage
                            Senior Member
                            • May 2007
                            • 2020

                            #14
                            Originally posted by ImCryn2 View Post
                            That money goes to the Tony Stewart foundation (or another charity), not to the tracks bank account to cover the purse.
                            My bad!!!!

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