The aftermarket manufacturers already pay significant fees for the “privilege” of presenting contingency awards. The bannering fee is an add-on, and the timing for this announcement ranks right up there with their announcement of a while back about increasing sportsman fees.
It’s not as if the economy is booming and every aftermarket manufacturer is flush with cash. If you read the trades you’ve seen that in the last five years numerous companies have outright folded, while others have become small parts of larger operations. Many others have been forced to forego contingency programs just to keep their doors open.
Any serious racer on this board knows that the potential contingency earnings for winning a points meet or national event are significantly less than they were five years ago. They’re embarrassingly smaller than they were 15 or 20 years ago.
Steadily increasing fees and more difficult “working conditions” have driven some contingency award presenters away, and when they leave, everyone loses. Fewer contingency awards means less money for winning. It means fewer “win” ads in Dragster and magazines like Drag Racing Action.
You might not be old enough, but there was a time when the pages of Hot Rod, Car Craft and others were filled with small “win” ads from Holley, Hooker, A-1 Automatic, Jesel Performance and too many others to mention.
If holding the fees down encourages a company to participate, NHRA should be doing it, but no, their concept is to try and squeeze the last drop of blood out of that stone.
Make no mistake about it, NHRA is going to lose serious money this year. For every packed house like Las Vegas 2 there’s been a pretty much rained out Winternationals, or a deserted Charlotte (both times), so things are not good.
But taking this route of trying to gouge more out of the aftermarket is a self-defeating exercise.
Believe me, there’s nothing like trying to mend a relationship with an aftermarket rep who’s already so pissed off at how he and his company are being treated that it’s all he can do to get his top management to stay involved. This one will be the tipping point for some companies who are on the edge.
Jon Asher