The cost of racing!

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  • play4kps
    Senior Member
    • Jul 2009
    • 594

    #1

    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.
  • Pennsboro32
    Senior Member
    • Jan 2020
    • 3440

    #2
    This is the year that will be known to hurt DLM racing the most imo. Rumblings of some teams throwing in the towel.

    Comment

    • noitall93w
      Senior Member
      • Aug 2020
      • 181

      #3
      such as who?

      Comment

      • MasterSbilt_Racer
        Senior Member
        • May 2007
        • 14303

        #4
        Originally posted by Pennsboro32 View Post
        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 Spec Wedge Racing

        Comment

        • Tireguy17
          Senior Member
          • Mar 2008
          • 1151

          #5
          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.

          Comment

          • play4kps
            Senior Member
            • Jul 2009
            • 594

            #6
            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, 03:53 PM.

            Comment

            • Tireguy17
              Senior Member
              • Mar 2008
              • 1151

              #7
              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.

              Comment

              • Paradox28
                Senior Member
                • Jun 2013
                • 286

                #8
                As I keep saying... "we need more money" is the easy part. Someone start figuring out where money can/will/should come from.

                Comment

                • MasterSbilt_Racer
                  Senior Member
                  • May 2007
                  • 14303

                  #9
                  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 Spec Wedge Racing

                  Comment

                  • 84wedge
                    Senior Member
                    • Sep 2020
                    • 2086

                    #10
                    Originally posted by Pennsboro32 View Post
                    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?

                    Comment

                    • MRM
                      Senior Member
                      • May 2007
                      • 2993

                      #11
                      Originally posted by Pennsboro32 View Post
                      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.
                      MRM Racing Photos

                      MRM Racing on Facebook

                      MRM on Twitter

                      Comment

                      • MasterSbilt_Racer
                        Senior Member
                        • May 2007
                        • 14303

                        #12
                        Originally posted by MRM View Post
                        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 Spec Wedge Racing

                        Comment

                        • play4kps
                          Senior Member
                          • Jul 2009
                          • 594

                          #13
                          Originally posted by Tireguy17 View Post
                          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.

                          Comment

                          • Pennsboro32
                            Senior Member
                            • Jan 2020
                            • 3440

                            #14
                            Originally posted by play4kps View Post
                            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.

                            Comment

                            • jog49
                              Senior Member
                              • May 2007
                              • 2551

                              #15
                              play4kps.....

                              Every promoter in the country will accept your contribution to their purses and you will become well known!

                              Comment

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