Bracket Talk
Waiving the IHRA fee?
September 07, 2022, 08:42 PM
Larry WoodfinWaiving the IHRA fee?
To put this into perspective, what is the savings to a track for waiving the fees for one season?
Larry Woodfin
September 08, 2022, 07:33 AM
Undertaker IINot sure what the tracks pay to the sanctioning body but where does the income come from for the organization if you don't collect fees and memberships? Is it from sponsorship or is Mr. Jeffers going to carry the load himself for the first year?
September 08, 2022, 07:54 AM
HolytownI believe the IHRA is non profit. Since Jeffers makes his money building pro mods, he doesn't need a salary to come from IHRA.
I know Tim McAmis said recently he has a 2 year wait list on pro mod chassis. I assume Jeffers is probably in the same position. So he would theoretically know how much money he has to work with for the next 2 seasons before sponsorship of the IHRA is even considered.
September 08, 2022, 08:10 AM
Buckyquote:
Originally posted by Holytown:
I believe the IHRA is non profit. Since Jeffers makes his money building pro mods, he doesn't need a salary to come from IHRA.
I know Tim McAmis said recently he has a 2 year wait list on pro mod chassis. I assume Jeffers is probably in the same position. So he would theoretically know how much money he has to work with for the next 2 seasons before sponsorship of the IHRA is even considered.
Not for profit does not mean no expenses and income. Plus, I’m sure he purchased the organization at some cost.
I’m not sure what his business model is or what he is offering.
I don’t have anything against Jeffers. But the team you do or don’t build will define your organization. The exodus doesn’t speak well about his early choices to me.
Foxtrot Juliet Bravo
September 08, 2022, 08:16 AM
Curly1NHRA is or was "Not for Profit" and they are one of most money hungry non profit I have ever seen. Nearly as bad as Hillary's Clinton Foundation. They bring in millions and most all of it goes to "Operating expenses and payroll"
https://postimg.cc/gallery/np3zpruo/"Dunning-Kruger Effect"
-a type of Cognitive bias where people with little expertise or ability assume they have superior expertise or ability. This overestimation occurs as a result of the fact that they do not have enough knowledge to know they don't have enough knowledge.
Before you argue with someone ask yourself, "Is this person mentally mature enough to grasp the concept of a different perspective?" If not there is no point to argue.
4X NE2 CHAMPION. 2020 TDRA NE2 Champion
September 08, 2022, 09:47 AM
pauleyi wish jeffers would say something. give us his vision, plan, hopes, dreams, screw you, F off.....something, anything as to what his expectations are. saying nothing leaves the door open to speculation and rumors.. none of which are good.
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September 08, 2022, 09:54 AM
EmanJust speculation that what they're doing is trying to keep all of the tracks they sanction now and not lose any to any other sanctioning bodies. They might pick up a couple of dissatisfied NHRA tracks. I don't know how much sanctioning fee is, I've heard 2k but not sure.
September 08, 2022, 10:23 AM
HolytownNon Profit just means the organization itself cannot earn money. The salaries and bills are where all of the money goes. Which is why non profit is a huge scam.
That being said my point was Jeffers might not need the sanctioning fees for the first year, because he already has a money plan laid out with his own funding. The previous business model needed them. He might not.
September 08, 2022, 11:44 AM
Larry WoodfinI have learned from a reliable source that the waived fee is not a big incentive. It is around $1,500.00 or less per season. I am not discounting the $1,500.00 because that is real money the track saved, but it is not a number on which someone will make a decision over a season.
As posted above, innovative programs and happy racers and happy track owners that is where we need to be. So I suggest we hold onto good thoughts and hope for a good outcome.
Larry Woodfin
September 08, 2022, 11:57 AM
Mike RietowDepends on how little exposure the insurance supply's the Drag Strip.
Sanctioned.
September 08, 2022, 12:52 PM
Mike RietowWaiving the fee is a gesture of good faith - intention - sincerity.
September 08, 2022, 12:56 PM
Larry Woodfinquote:
Waiving the fee is a gesture of good faith - intention - sincerity.
And I agree with that.
Larry Woodfin
September 08, 2022, 01:04 PM
Mike Rietowquote:
Originally posted by Larry Woodfin:
quote:
Waiving the fee is a gesture of good faith - intention - sincerity.
And I agree with that.
It's a pretty astonishing gesture of good faith considering what we've been getting accustomed to of late.
It's right up there with the racer who signaled his opponent to re-stage after being timed out, for 50k.
Hero culture > old school.
September 09, 2022, 06:08 AM
HolytownI watched a live feed last night, and it seemed like WDRA's main push is their insurance policy they have put together, and saving the tracks overhead/operating costs.
Should help keep tracks open, but when the questions came down to what he was going to do for the racer, there wasn't much there for substance. All in all, as long as tracks stay open for us to race, I guess that's truly what matters, but doesn't seem like much is going to change for us in 2023.
September 09, 2022, 08:10 AM
Mike Rietowquote:
Originally posted by Holytown:
I watched a live feed last night, and it seemed like WDRA's main push is their insurance policy they have put together, and saving the tracks overhead/operating costs.
Should help keep tracks open, but when the questions came down to what he was going to do for the racer, there wasn't much there for substance. All in all, as long as tracks stay open for us to race, I guess that's truly what matters, but doesn't seem like much is going to change for us in 2023.
"Depends on how little exposure the insurance supply's the Drag Strip.
Sanctioned".
What do you want door prizes?
Change is up to the racer, like for instance being more productive - winning more.