Contingency Payout from Venom!
I dont know about Venom not paying, but I have a huge list of others that owe me money for this season. Seems like its trendy for these contingency sponsors not to pay.
most of these companies are usually pretty good at getting you the money. The thing that slows them down the most is the race sanctions telling them who they need to cut the checks to.
What sanctions are you waiting to get the contingencies from, that is who you need to call.
Anthony
What sanctions are you waiting to get the contingencies from, that is who you need to call.
Anthony
Its nopi which is very good at getting them the names. I know they have sent the info to the companies.
MSD
ACT
and power stop have been good at getting money to us real quick.
MSD
ACT
and power stop have been good at getting money to us real quick.
i have spoken to people who have NEVER gotten money from venom.. this extends to past 2002
my short list of payers and dead beats
Payed:
Honda
portflow
msd (always prompt)
tci
act
b&m
k&n
dead beats:
diamonizer
faze
modified mag
junk2
venom
my short list of payers and dead beats
Payed:
Honda
portflow
msd (always prompt)
tci
act
b&m
k&n
dead beats:
diamonizer
faze
modified mag
junk2
venom
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Honda did pay me the first race of the year, but not after that.
ohhh....B&M is anouther that owes me.
JE doesnt pay in money. What they do is give you a credit towards some pistons. But what sucks is you can only use it when they charge you retail price on pistons. So in the end, your better off not even using it. JE sucks....
ohhh....B&M is anouther that owes me.
JE doesnt pay in money. What they do is give you a credit towards some pistons. But what sucks is you can only use it when they charge you retail price on pistons. So in the end, your better off not even using it. JE sucks....
Contingency sucks and has for a long time! We lost track of all that's been owed to us over the years. Like you said, there are a few companies who are good about it, and the rest seem to care less. Since we don't expect any of them anymore, when one comes in it's a big surprise!
I think a person could make a business out of collecting contingency money for others for a % of the collection.
If a company like JE never pays for anything, we should ban together to lobby nhra, idrc and nopi not to let them continue to be a contingency sponsor.
If a company like JE never pays for anything, we should ban together to lobby nhra, idrc and nopi not to let them continue to be a contingency sponsor.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by earl »</TD></TR><TR><TD CLASS="quote">I think a person could make a business out of collecting contingency money for others for a % of the collection.
If a company like JE never pays for anything, we should ban together to lobby nhra, idrc and nopi not to let them continue to be a contingency sponsor.
</TD></TR></TABLE>
too much trouble.
If a company like JE never pays for anything, we should ban together to lobby nhra, idrc and nopi not to let them continue to be a contingency sponsor.
</TD></TR></TABLE>
too much trouble.
i think JE just doesnt find it likely that someone actually won with their product 
kidding aside.. simply lobby enough complaints to the sanctioning body and im sure they would at least try to handle it, or discontinue their participation.

kidding aside.. simply lobby enough complaints to the sanctioning body and im sure they would at least try to handle it, or discontinue their participation.
Brittany and I went over our ****-list the other day and sent out letters, made phone calls, etc
We found one company that 'said' they did not have any records on her at all, and they owe for 3 events dating back to June
this may be helpful to some of you..........the rep at Honda told me that he just received the info from July forward from NDRA and he would be getting them processed with the checks being cut on either the 19th or the 26th of this month
Tokico and Modified are the only ones I have big beef with, but I have noticed that Modified is no longer listed anywhere on the NDRA site, and that is what the rulebook says will happen if they dont pay the racers
We found one company that 'said' they did not have any records on her at all, and they owe for 3 events dating back to June
this may be helpful to some of you..........the rep at Honda told me that he just received the info from July forward from NDRA and he would be getting them processed with the checks being cut on either the 19th or the 26th of this month
Tokico and Modified are the only ones I have big beef with, but I have noticed that Modified is no longer listed anywhere on the NDRA site, and that is what the rulebook says will happen if they dont pay the racers
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by earl »</TD></TR><TR><TD CLASS="quote">I think a person could make a business out of collecting contingency money for others for a % of the collection.</TD></TR></TABLE>
What percentage would you guys think is fair?.........I have a way about me that makes me think I can handle this
What percentage would you guys think is fair?.........I have a way about me that makes me think I can handle this
Thanks for the info Jeramy...even if modified feels they dont have to pay, NOPI says in their rule books that they make good of it. I hope cause theres a few bucks there for me too.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by jdkindle »</TD></TR><TR><TD CLASS="quote">
What percentage would you guys think is fair?.........I have a way about me that makes me think I can handle this</TD></TR></TABLE>
20%
What percentage would you guys think is fair?.........I have a way about me that makes me think I can handle this</TD></TR></TABLE>
20%
Hey guys thanks for the feedback on this subject. My brother has called Venom tons of times and they said they never recieved any Contingency from the sanctioning body. Then I called the IDRC and they said they will submit it again to Venom. It been two weeks now since IDRC re-submitted the info to Venom and I even go the a copy of it his contingency from the IDRC. So who do you have kick to get paid? I mean they said some lady handles it at Venom and she is always out of the office.
I think a 50-50 split would be fair to anyone wanting to set up a business of collecting contingency dollars. It might take tying up some of these companies in a bunch of small claims court suits to get their attention.
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by earl »</TD></TR><TR><TD CLASS="quote">I think a person could make a business out of collecting contingency money for others for a % of the collection.
If a company like JE never pays for anything, we should ban together to lobby nhra, idrc and nopi not to let them continue to be a contingency sponsor.
</TD></TR></TABLE>
The collecting should be done by the sanctioning bodies . Thats the whole reason why you race with them is cause of points, payout, continegency. You race with them and they should take of you cause its YOU RACERS that bring the spectators. Remember the people come to see you guys race and win. And if they arent taking care of you there not doing there part. So race within a sanctioning body that is going to take care of you.
And honestly most of these contingency prizes are worthless to a racer. I think some companies need to come up with some thing better than what they are offering. I mean you guys are the ones advertising for them on and off the track.
If a company like JE never pays for anything, we should ban together to lobby nhra, idrc and nopi not to let them continue to be a contingency sponsor.
</TD></TR></TABLE>
The collecting should be done by the sanctioning bodies . Thats the whole reason why you race with them is cause of points, payout, continegency. You race with them and they should take of you cause its YOU RACERS that bring the spectators. Remember the people come to see you guys race and win. And if they arent taking care of you there not doing there part. So race within a sanctioning body that is going to take care of you.
And honestly most of these contingency prizes are worthless to a racer. I think some companies need to come up with some thing better than what they are offering. I mean you guys are the ones advertising for them on and off the track.
Every cent that a self-funded racer can get is worthwhile. Even racers that have a lot of money from sponsors and such, still appreciate that contingency money, because most of them get to keep it for themselves or at least get a percentage of it. I still think the more money the better though.
I had actually thought of doing something like this earlier this year, but it was just one of those thoughts on the roads across the country that you forget by the time you get home
I am writing up a business plan as we speak to come up with something reasonable and beneficial for both parties and will talk to some of the racers at nationals to gauge the demand and then we will start to get swome contracts ironed out for next season and try to work on items from this year
I am writing up a business plan as we speak to come up with something reasonable and beneficial for both parties and will talk to some of the racers at nationals to gauge the demand and then we will start to get swome contracts ironed out for next season and try to work on items from this year
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by BoostinDC2 »</TD></TR><TR><TD CLASS="quote">
The collecting should be done by the sanctioning bodies . Thats the whole reason why you race with them is cause of points, payout, continegency. You race with them and they should take of you cause its YOU RACERS that bring the spectators. Remember the people come to see you guys race and win. And if they arent taking care of you there not doing there part. So race within a sanctioning body that is going to take care of you.
And honestly most of these contingency prizes are worthless to a racer. I think some companies need to come up with some thing better than what they are offering. I mean you guys are the ones advertising for them on and off the track.</TD></TR></TABLE>In a perfect world I would agree with you Jerry. But let's face it, the sanctioning bodies are probably to big or busy to care.
There has got to be a better way.
The collecting should be done by the sanctioning bodies . Thats the whole reason why you race with them is cause of points, payout, continegency. You race with them and they should take of you cause its YOU RACERS that bring the spectators. Remember the people come to see you guys race and win. And if they arent taking care of you there not doing there part. So race within a sanctioning body that is going to take care of you.
And honestly most of these contingency prizes are worthless to a racer. I think some companies need to come up with some thing better than what they are offering. I mean you guys are the ones advertising for them on and off the track.</TD></TR></TABLE>In a perfect world I would agree with you Jerry. But let's face it, the sanctioning bodies are probably to big or busy to care.
There has got to be a better way.



