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19 Dec 2006, 19:12 (Ref:1795013) | #1 | ||
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Join Date: Oct 2005
Posts: 166
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Championship fee's v race entry cost
There are frequent discussions around both entry fee's and sizes of grids and what, if anything, can be done.
I have often wondered if it would make more sense to place a high figure on the championship registration and then either significantly reduce, or even scrap, the race entry fee. I know that it does happen currently, FPA being an example, but why don't more organisers consider it. One of the problems that seems to arise currently is that a championship/series might have say 70 registered competitors but then struggle to get 15 cars to a given race weekend. In order to know a championship/series is viable there would need to be a cutoff date for registration, so that the organising club/body know they have sufficient entries. There could be a second date so that people who are not ready can join at the half way point but this would only come into force if (and only if!) the first championship/series had sufficient lodged entries at the start. Whilst this will obviously mean finding larger sum at the start of the season, you can then start saving towards the following season. And whilst no-one sets out to build an unreliable car, if you've already made the outlay perhaps you'll settle for being a tenth slower but knowing you will finish and make the next race! It would potentially be more attractive to sponsors as who really wants to have their name associated with a ten car procession! The organisers know their costs at the start of the year so it shouldn't be difficult to work out a figure based on, for example, a minimum of 20 competitors. Once over that then the additional revenue generated would be divided by the number of competitors and refunded at the end of the year. For those who joined at the half way point they would receive a half share. I don't pretend this is THE solution to small grids and high entry fees but is an idea I feel has merit and it would be interesting to hear from those who race far more regularly than I manage! |
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19 Dec 2006, 20:17 (Ref:1795068) | #2 | ||
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Join Date: Feb 2005
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With the best of intentions I start each season planning to do all the rounds, sometimes that translates into those I can afford, which your idea MAY help with
BUT... I missed far too many races over the past two years repairing mechanical failure, so paying a lump sum up front would increase my effective entry fees. Sadly I don't have touring car facilities which would have the car up and running again no matter what |
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20 Dec 2006, 09:03 (Ref:1795521) | #3 | ||
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Given that the high 'registration fee' for certain championships has put me off entering this wouldn't work for me.
I think the lower club level competitors work very much on a "Pay As You Go" model. A bit like most businesses. It could certainly work for those championships targetting the more affluent competitor though. |
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20 Dec 2006, 09:26 (Ref:1795542) | #4 | ||
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There is probably some merit in a hybrid of some kind coupled with an ability to pay by direct debit to smooth the cash flow. Unfortunately, this depends on the organisers being able to smooth their cash flow as well!
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20 Dec 2006, 10:35 (Ref:1795600) | #5 | ||
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I think the biggest problem for organisers is that circuit hire normally has to be paid somewhat in advance of all the entry fees being received so that at the start of a season cash flow doesn't look so good. It might be OK when you know your race always has plenty of entries but it must be very frustrating for those coordinators (along with the meeting organisers) who only see 1/3 of their registered competitors actually turn up for a race!
Denis - what level do you think would be acceptable for the average club racer to register? If it was for example set at £ 500 but then you received a £ 50 deduction on the race entry fee, based on 10 rounds. If someone enters part way through the season the registration fee doesn't change but you still only get £ 50 off per race that way you are rewarding those who commit early and are more likely to do all rounds. |
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20 Dec 2006, 10:57 (Ref:1795614) | #6 | |||
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Why would I want to do it? Now if the £500 included my BARC and CTCRC membership (total about £200) then it suddenly makes a lot of sense. However I doubt if these clubs could afford to 'lose' their membership fee. Being a "cup is not even half full because it got knocked over" kind of guy my main concern is that you'll get a genuine discount for a short time and then prices will just increase to compensate. A bit like "Protected No Claims Bonus" where they just stick up the basic premium to compensate after an accident. |
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20 Dec 2006, 13:49 (Ref:1795769) | #7 | ||
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Join Date: Dec 2005
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The dt&rc has it going for me reasonable priced apart for the BARC headquater run rounds. race when i want and if you do them all i understand
you get a bit of a rebait/ discount and the number of people entering is increasing . one question more people involed in the sport bigger grids less you all would have to pay ? so if we all pulled someone else into the sport we would start to see arise in numbers and maybe get some boy races of the street |
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20 Dec 2006, 13:53 (Ref:1795775) | #8 | ||
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Join Date: Dec 2005
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Its not so much the cost its getting more young people involed or take it to then say have display day on show out side super markets etc with discount
entries to come and watch |
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24 Dec 2006, 18:13 (Ref:1798814) | #9 | ||
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agree with that, but perhaps clubs could look at heavily discounted entry fees and waiving champ reg fees for first timers.
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24 Dec 2006, 18:41 (Ref:1798821) | #10 | ||
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A bit like DT&R run by BARC south east. You can belong to any MSA recognised motor club and the registration fee is only £15 which effectively covers our quaterly magazine "Brief Torque"
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24 Dec 2006, 18:52 (Ref:1798827) | #11 | ||
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does the BARC SE reduce entry fees for new starters though? It does prove that it can be done and its no suprise that the CCC TRC DTRC tin tops big snorty things series is so well supported
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Chase the horizon |
24 Dec 2006, 20:49 (Ref:1798869) | #12 | ||
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Join Date: Mar 2003
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I know that some clubs are "selling" races to championships based on a percentage of the total cost of the meeting for next season. Your entry fee will therefore be based on the number taking part in your race. Sign of the times I am afraid when costs are going up all round.
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last year it was fast and fragile, this year it's just fragile!! |
24 Dec 2006, 22:42 (Ref:1798942) | #13 | ||
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[QUOTE=Denis - what level do you think would be acceptable for the average club racer to register? If it was for example set at £ 500 but then you received a £ 50 deduction on the race entry fee, based on 10 rounds. ......[/QUOTE]
DW, the way I read the first post was that Registration could be £2400 representing 12 races at 200 each, all paid up front. It has merit, this is the way FISC runs, except we do 3 races over a weekend, on 4 weekends from say May to October, giving longer periods in between for prep and repairs. |
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a salary slave no more... |
25 Dec 2006, 09:05 (Ref:1799014) | #14 | |||
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Quote:
That was a reasonable risk considering the high profile events, nowadays I personally can only do pay as I go - no more big salary to support my habit but at least I still have a roof over my head unlike some ! |
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25 Dec 2006, 22:27 (Ref:1799164) | #15 | |||
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a salary slave no more... |
26 Dec 2006, 10:32 (Ref:1799323) | #16 | ||
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26 Dec 2006, 13:01 (Ref:1799374) | #17 | |||
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a salary slave no more... |
26 Dec 2006, 13:02 (Ref:1799375) | #18 | |||
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a salary slave no more... |
26 Dec 2006, 16:50 (Ref:1799457) | #19 | ||
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26 Dec 2006, 17:53 (Ref:1799477) | #20 | ||
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Actually MGD's missed the point of the FISC/Legendary Circuits series, they'll accept either method of payment. PAYG and it's a bit more per race but easier on the cashflow and no commitment, pay up front and there's a useful discount but be prepared for sh***y letters from the bank manager. Which soon eats up the saving
Perhaps that could be available with more series - then you can balance out the saving with the interest charged by Barclaycard. Called choice, a novel concept to many................ |
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Midgetman - known as Max Tyler to the world. MaxAttaq! |
26 Dec 2006, 23:09 (Ref:1799600) | #21 | |||
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a salary slave no more... |
28 Dec 2006, 01:11 (Ref:1800194) | #22 | |||
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Quote:
As for taking time out for a season to save for the next is erring on the near impossible mainly due to " the goal post " invariable getting moved / clubs waiting to get circuit dates etc etc - the best you can hope is that the Championship you want to contest will still exist and the regs dont change to much. There are many of us who have 30 years plus actively competing at all levels and you could regard us as either the lucky ones who were at least involved or the stupid ones who wasted all that money - I know for a fact I would have been a lot richer (moneytorywise)with out but most probably not so much fun !!!!! . |
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28 Dec 2006, 07:49 (Ref:1800251) | #23 | |||
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The other one is very careful about spending his money (he's worth between £7 and £10M, and has it invested well = an income of around 5-7K per week!), he's as tight as a ducks.... What's more, he's a miserable git to say the least. There are no pockets in a shroud. I think Eric Falce's signature says it all. Now, this business of Championship Fee's vs Race Entry Costs.... I'd rather see the money from Championship sponsors rolled into subsidising the entry fees, rather than paying for flashy pots, and other shiny material. Something that the BARC-SE has done with the DTRC series. Prize money is nice, but it only benefits a tiny minority, unless you've managed to reach the point where your sponsor is already covering everyone's entry fee, a set of tyres and some jungle juice. Then again, having a series sponsor willing and able to throw a fair sum of money at a championship is a bit of a rarity these days. They like their name on the tin, but are not too worried about what's in the tin! Rob. |
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28 Dec 2006, 08:08 (Ref:1800259) | #24 | |||
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We also had several people leave Mod Prods BECAUSE we were sponsored by a tyre supplier, despite the really cheap tyres (including free ones) it just didn't happen to be the type of tyre that THEY wanted to run on. |
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28 Dec 2006, 10:16 (Ref:1800330) | #25 | ||
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That's why we (BARC south east) do not force our drivers to run on Dunlop tyres, even though they offer a good deal. However, many have now switched over.
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