Racing for Purse Money in the UK
Discussion
Does this happen? ive been reading about lots of different American race series's and notice that most of them offer cash prize money for the top X racers.
but i cant see anything like this at all for any UK events at all.
what uk events offer prize money for participants like the US series's ?
but i cant see anything like this at all for any UK events at all.
what uk events offer prize money for participants like the US series's ?
If a race series is a 'series' then under MSA rules you can't give points or offer a prize to the winner in this way. Some series get around this by having a panel of judges decide the most deserving driver but I think you have to be careful.
Even at the top of televised UK motorsport (excl F1) I don think they pay anything like £25k per race.
Even at the top of televised UK motorsport (excl F1) I don think they pay anything like £25k per race.
SystemParanoia said:
so if you want to race, the choices are.. be independently wealthy and do it for fun.. or goto the states where you can actually make a living doing it?
There are very few people that get paid to race in the world and I'm surprised by how much the series in the States are paying....do you have any links? Just interested to see how much the top 10 get paid....wait a sec while I climb up here onto this soapbox.....right...
Because no circuit or club has the foresight to organise things any better is the short answer.
The circuit is hired out to the club for a fee which covers all the running expenses plus a profit.
The club charges it's competitors a fee which covers this circuit hire fee.
No one promotes the races, or offers anything like the facilities you find in the US for spectators - it's in no-one's interest to (apart from the competitor's of course).
The circuit makes their bit, the club covers costs. Gate receipts would in almost all cases go to the circuit, but as they've already factored their costs and profits in, it's not really something they're too worried about.
The club can't afford to promote the racing, since they don't profit from the gate reciepts.
So all the costs pass down to the competitors, who pay more and more to the clubs for less and less track time. And they wonder why some grids fail to manage 10 cars.....
If we wanted to solve it, we would need to look at a completely different way of doing things - for a start there's promotion (which as it stands is in no-one's interest) and then it's making club racing some sort of 'event' destination for the whole family - look at Croft's Nostalgia day for an example - the VSSC run a full programme of racing and the circuit puts on a (very) mini Revival for paying punters.
While everyone is content to pass the costs down to the competitors club motorsport will not be the sport it could (ought to) be in this country.
Because no circuit or club has the foresight to organise things any better is the short answer.
The circuit is hired out to the club for a fee which covers all the running expenses plus a profit.
The club charges it's competitors a fee which covers this circuit hire fee.
No one promotes the races, or offers anything like the facilities you find in the US for spectators - it's in no-one's interest to (apart from the competitor's of course).
The circuit makes their bit, the club covers costs. Gate receipts would in almost all cases go to the circuit, but as they've already factored their costs and profits in, it's not really something they're too worried about.
The club can't afford to promote the racing, since they don't profit from the gate reciepts.
So all the costs pass down to the competitors, who pay more and more to the clubs for less and less track time. And they wonder why some grids fail to manage 10 cars.....
If we wanted to solve it, we would need to look at a completely different way of doing things - for a start there's promotion (which as it stands is in no-one's interest) and then it's making club racing some sort of 'event' destination for the whole family - look at Croft's Nostalgia day for an example - the VSSC run a full programme of racing and the circuit puts on a (very) mini Revival for paying punters.
While everyone is content to pass the costs down to the competitors club motorsport will not be the sport it could (ought to) be in this country.
SystemParanoia said:
what uk events offer prize money for participants like the US series's ?
I've won money at several UK races. But nothing that makes it economically viable. Most of the time, it doesn't even cover entry fees, let alone running costs. It's a token amount but it's better than nothing.sirtyro said:
SystemParanoia said:
so if you want to race, the choices are.. be independently wealthy and do it for fun.. or goto the states where you can actually make a living doing it?
There are very few people that get paid to race in the world and I'm surprised by how much the series in the States are paying....do you have any links? Just interested to see how much the top 10 get paid.http://nascar.about.com/od/2012previews/a/Daytona-...
The guaranteed payout for the top five finishers in the 2012 Daytona 500 looks like this:
1st - $1,431,325
2nd - $1,050,075
3rd - $759,600
4th - $609,900
5th - $486,550
The 2012 Daytona 500 includes an incentive for the race leader at the halfway point. If the race is green at lap 100 the driver that leads that lap will collect a $200,000 bonus.
Only four drivers in the entire 2011 Daytona 500 field earned less than $282,000. The lowest paid driver last year was J.J. Yeley who finished dead last and earned $268,550 for his effort.
i feel like its time i learned to turn left
Mark Benson said:
...wait a sec while I climb up here onto this soapbox.....right...
Because no circuit or club has the foresight to organise things any better is the short answer.
The circuit is hired out to the club for a fee which covers all the running expenses plus a profit.
The club charges it's competitors a fee which covers this circuit hire fee and also a small profit
No one promotes the races, or offers anything like the facilities you find in the US for spectators - it's in no-one's interest to (apart from the competitor's of course).
The circuit makes their bit, the club covers costs and also its profits, especially if we have a series organiser trying to make some money as well . Gate receipts would in almost all cases go to the circuit, but as they've already factored their costs and profits in, it's not really something they're too worried about.
The club can't afford to promote the racing, since they don't profit from the gate reciepts.
So all the costs pass down to the competitors, who pay more and more to the clubs for less and less track time. And they wonder why some grids fail to manage 10 cars.....
If we wanted to solve it, we would need to look at a completely different way of doing things - for a start there's promotion (which as it stands is in no-one's interest) and then it's making club racing some sort of 'event' destination for the whole family - look at Croft's Nostalgia day for an example - the VSSC run a full programme of racing and the circuit puts on a (very) mini Revival for paying punters.
While everyone is content to pass the costs down to the competitors club motorsport will not be the sport it could (ought to) be in this country.
amended a few points for you there. but overall I couldn't agree more. take a look at MSV's proftis for 2010, the circuits made £5m on £20m turnover, the club made £500k profit. I 've worked it out on another forum, that your could halve the entry fees and still everyone would make a profit. BE's reach goes a lot farther than F1.Because no circuit or club has the foresight to organise things any better is the short answer.
The circuit is hired out to the club for a fee which covers all the running expenses plus a profit.
The club charges it's competitors a fee which covers this circuit hire fee and also a small profit
No one promotes the races, or offers anything like the facilities you find in the US for spectators - it's in no-one's interest to (apart from the competitor's of course).
The circuit makes their bit, the club covers costs and also its profits, especially if we have a series organiser trying to make some money as well . Gate receipts would in almost all cases go to the circuit, but as they've already factored their costs and profits in, it's not really something they're too worried about.
The club can't afford to promote the racing, since they don't profit from the gate reciepts.
So all the costs pass down to the competitors, who pay more and more to the clubs for less and less track time. And they wonder why some grids fail to manage 10 cars.....
If we wanted to solve it, we would need to look at a completely different way of doing things - for a start there's promotion (which as it stands is in no-one's interest) and then it's making club racing some sort of 'event' destination for the whole family - look at Croft's Nostalgia day for an example - the VSSC run a full programme of racing and the circuit puts on a (very) mini Revival for paying punters.
While everyone is content to pass the costs down to the competitors club motorsport will not be the sport it could (ought to) be in this country.
oh, and on another point, the fairly dismal article in Autosport this week regarding the interview with the MSA...
apparently they need £5.5m in the bank to cover an indemnity claim not covered by insurance. And they need it in there now ( which they have got ) So your licence fees are exhorbitant to cover this.
My view is that a) no such eventuality has occurred in 100 years of motor sport in the UK, and b) if it happened tomorrow, it would take 10 years of litigation before a payout. Plenty of time to save the required funds. I call bulls
t from the MSA.
apparently they need £5.5m in the bank to cover an indemnity claim not covered by insurance. And they need it in there now ( which they have got ) So your licence fees are exhorbitant to cover this.
My view is that a) no such eventuality has occurred in 100 years of motor sport in the UK, and b) if it happened tomorrow, it would take 10 years of litigation before a payout. Plenty of time to save the required funds. I call bulls
t from the MSA.Oh...you can't really compare UK club motorsport to the Daytona 500. I thought you meant there were some USA club motorsport that paid out the big bucks.
MSV make most of their money from Palmer Sport. They have to pay for the BTCC and DTM to come to their tracks. I agree that there could be more promotion done that might increase the gate take but the circuits would never pass that on to the series organisers so the competitors will always be the ones to pay. The biggest problem is that most televised series on Motors TV etc the TV companies don't pay for what they are showing and the series has to pay for it to be shown and produced. If this could change then you might find the cost of racing come down or the price of wins go up.
MSV make most of their money from Palmer Sport. They have to pay for the BTCC and DTM to come to their tracks. I agree that there could be more promotion done that might increase the gate take but the circuits would never pass that on to the series organisers so the competitors will always be the ones to pay. The biggest problem is that most televised series on Motors TV etc the TV companies don't pay for what they are showing and the series has to pay for it to be shown and produced. If this could change then you might find the cost of racing come down or the price of wins go up.
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