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Weekly Sprint Car payouts?
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3/9/22, 6:41 PM |
#21
Re: Weekly Sprint Car payouts?
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Senior Member
Join Date: Jul 2007 Posts: 809 |
You know I have heard this comment for years and I think there was probably a time it was the truth. Now a days I think Knoxville is the perfect example of how to market and promote to bring fans in. I mean they actually have had a full time PR Director in Kendra Jacobs for the past several years and there is always new sponsors, different fan nights to promote the events, and events in the community to get fans involved, really thinking outside the box. Bummed to hear Kendra just recently left to take a roll at Flo as someone has big shoes to fill with her gone. Plus you put 5k fans in the main grandstands and the place still looks empty, think there are more fans there than what you think.
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3/10/22, 9:12 AM |
#22
Re: Weekly Sprint Car payouts?
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Member
Join Date: May 2013 Posts: 212 |
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3/10/22, 11:33 AM | #23 | |
Senior Member
Join Date: May 2011 Posts: 566 |
There’s no way the weekly shows, point funds, insurance, safety crew etc…are not subsidized by the Nationals. They pay a $166k point fund and their weekly shows are almost on par with a Usac or All Star purse for 410s plus a healthy purse for 360s.
I’m not saying there is 200 people in the stands for a weekly show, but you’d need 4-5k weekly for that show to pay for itself and all the other costs and that just isn’t happening weekly. |
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3/10/22, 12:34 PM |
#24
Re: Weekly Sprint Car payouts?
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Member
Join Date: May 2013 Posts: 212 |
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The additional revenue streams pay for these weekly shows. Now, they have a weekly DirtVision feed, which is providing an external revenue source. They are the best in the business at marketing and promotion and local business want to be apart of it as it influences consumer behavior in that market greatly. If every seat was sold @$50 per night for the Nationals @ 25,000 seats they would gross $5M in those 4 Days. The total purse pays $1.1M. I"m sure they clear $2M after all purse and fees and overhead is paid off of ticket sales. If every weekly show is $100K total purse that would be eroded in 20 shows based on your logic that the Nationals pays for it all due to the lack of attendance. Then how would they pay their points funds at year end? . Not a sustainable model even for a fair board.
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Last edited by Kart#51; 3/10/22 at 12:57 PM. |
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3/10/22, 1:58 PM | #25 | |
Member
Join Date: Feb 2014 Posts: 53 |
I doubt it has a huge impact. If you’re running a 410 most expect and understand it’s a loss anyway. I know it has NO impact on our plans.
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3/10/22, 2:19 PM | #26 | ||
Senior Member
Join Date: Jul 2007 Posts: 2,675 |
Do you think the reason why Knoxville can pay more than local Indiana tracks is the fact that there are a lot fewer sprint races in the area for fans/sponsors/competitors to choose from?
Counting wing 410 & 360 races Knoxville has 24 race nights. There are another 15 races across the state giving Iowa a total of 39 sprint races. NONE of those are scheduled against another sprint race in the state. Checking the Indiana schedules there are 138 non wing race nights scheduled. There are multiple nights where two (and sometimes three) tracks compete against each other. And this doesn’t include steel block sprints, World of Outlaws, silver crown races, or pavement racing. |
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3/10/22, 3:22 PM | #27 | ||
Senior Member
Join Date: Dec 2007 Posts: 1,992 |
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3/10/22, 3:43 PM |
#28
Re: Weekly Sprint Car payouts?
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Senior Member
Race Count This Year: 6 Race Count Last Year: 14 Join Date: Jul 2007 Posts: 21,362 |
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__________________
Charles Nungester
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3/10/22, 3:50 PM | #29 | |
Senior Member
Race Count This Year: 6 Race Count Last Year: 25 Join Date: Jul 2009 Posts: 9,220 |
Knoxville Nationals weekly shows run as a deficit all year.
The money made at the Nationals keeps the weekly acton afloat. |
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3/10/22, 3:57 PM | #30 | |
Senior Member
Join Date: Dec 2007 Posts: 1,992 |
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Weekly Sprint Car payouts?
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