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Tf/fc Nhra Purse / National Event

This is a discussion on Tf/fc Nhra Purse / National Event within the NHRA forum, part of the Pit Area category; Personally not ready for the $175.00 per day ticket.......


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  #16  
Old 01-25-2008, 02:05 AM
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Re: Tf/fc Nhra Purse / National Event

Personally not ready for the $175.00 per day ticket....
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  #17  
Old 01-25-2008, 02:16 AM
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Re: Tf/fc Nhra Purse / National Event

until you see venues the likes of the Bristol roundy round track that are packed full with 100,000 people that paid top dollar to sit 1200 feet up in the air....you're not gonna see NASCAR like payouts....its worse than comparing apples to oranges....it's like comparing a watermelon to a pile of crap


PS.......everyone go look at the NHRA.com photo of the week!!
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  #18  
Old 01-25-2008, 02:16 AM
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Re: Tf/fc Nhra Purse / National Event

Why is it always NASCAR?
Let's compare to F-1, cost to field a car vs. payout.

Alan
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  #19  
Old 01-25-2008, 07:13 AM
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Re: Tf/fc Nhra Purse / National Event

Don't forget to add into the equation that NASCAR drivers make a pretty good chunk from endorsements that NHRA drivers (with the exception of a very few)don't make.
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  #20  
Old 01-25-2008, 08:30 AM
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Re: Tf/fc Nhra Purse / National Event

I don't believe that we need to have purses equal to nascar or F1. I do beleive however that they current prizes are far below where they should be
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  #21  
Old 01-25-2008, 10:38 AM
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Re: Tf/fc Nhra Purse / National Event

Quote:
Originally Posted by Alan Reinhart View Post
Why is it always NASCAR?
Let's compare to F-1, cost to field a car vs. payout.

Alan
The investment in the race team rather it's F1,CHAMP,INDY,NASCAR or Drag Racing should take care of all expense's and owners profit. What I was referring to is how much a driver is paid for the amount of time he is in car entertaining the fans. If I understand this right a percent or all of purse pays the driver and owner. Of course this agreement will always be kept behind closed doors.
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  #22  
Old 01-25-2008, 11:12 AM
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Re: Tf/fc Nhra Purse / National Event

Quote:
Originally Posted by Alan Reinhart View Post
Why is it always NASCAR?
Let's compare to F-1, cost to field a car vs. payout.

Alan
don't the car manufacturers put up the R&D money in F-1?

anyways, if NHRA payouts doubled in '08, it MIGHT be to the level it should.

there still needs to be a million dollar race.
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  #23  
Old 01-25-2008, 01:14 PM
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Re: Tf/fc Nhra Purse / National Event

F-1 has no purse, they race for a trophy.

Alan
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  #24  
Old 01-25-2008, 11:44 PM
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Re: Tf/fc Nhra Purse / National Event

Quote:
Originally Posted by Alan Reinhart View Post
F-1 has no purse, they race for a trophy.

Alan
This is incorrect....The owners share in a fund that is paid to them from F1. This fund is a portion of the TV revenues and sanction fees.

While it isn't paid out like a "purse" in NHRA or NASCAR, it is still substantial. These teams get in excess of $50,000,000 per year from it, some get upwards of $90,000,000-100,000,000. Add in sponsors, factory support, etc...This is how they raise $200,000,000+ to run these teams...

It is common for an F1 team to have 600+ employees...
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  #25  
Old 01-25-2008, 11:59 PM
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Re: Tf/fc Nhra Purse / National Event

It's fairly common knowledge that the Mclaren F-1 team spends.....$1 Million dollars...per DAY! before tires and fuel. Their annual budget exceeds $400 million, so comparing them with a "measly" $3 million dollar FC/TF isn't possible.

A 30-40th place Cup driver (who was released) was due a base salary of $450K, 40% of purse money and 33% of souvenir sales (where the real money is at).
A top 10 Cup driver might have a $5 million base, 45-50% purse and 33% of souvenir sales that exceed $40 mil per year.
They make more money off souvenir sales than anything else.
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  #26  
Old 01-26-2008, 01:02 AM
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Re: Tf/fc Nhra Purse / National Event

Quote:
Originally Posted by Mike Mendenhall View Post
It's fairly common knowledge that the Mclaren F-1 team spends.....$1 Million dollars...per DAY! before tires and fuel. Their annual budget exceeds $400 million, so comparing them with a "measly" $3 million dollar FC/TF isn't possible.

A 30-40th place Cup driver (who was released) was due a base salary of $450K, 40% of purse money and 33% of souvenir sales (where the real money is at).
A top 10 Cup driver might have a $5 million base, 45-50% purse and 33% of souvenir sales that exceed $40 mil per year.
They make more money off souvenir sales than anything else.
for crying out loud.....Schumacher was getting paid $25 million the last year he drove for Ferrari.....do u think they would honestly pay that much at a loss????....i have known quite a few "racecar" drivers and have yet to meet the one that is worth $25 million for his driving skills (no offense pops and grandpops )
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  #27  
Old 01-26-2008, 02:29 AM
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Re: Tf/fc Nhra Purse / National Event

A comparison of the spectator admission prices at NASCAR and F-1 races to that of NHRA races should be considered. I definitely don't want to see prices go up. Look what happened to the stick and ball sports. Decent tickets are out of reach for the common man. And if he wants to take his kids...well, forget it.

Somebody must be making money or they wouldn't be doing it.
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