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Author
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Topic: Contingency money for dummys....
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rustang@home
Journeyman Posts: 94
From: Clarion, PA
Registered: Jan 2004
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posted 02-28-2005 09:06 PM
  
Providing I ever get to the point to collect it, what is the procedure for collecting contingency money? I know the basics...stickers and having the part on your car, but I've heard you have to have receipts, etc.? 
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Moneymaker
Administrator Posts: 25883
From: Lyons, IL, USA
Registered: May 99
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posted 02-28-2005 10:08 PM
It all depends on the posting manufacturers requirements.
It is different in all the sanctioning bodies.
Some are as simple as decal and product verification, others require proof of purchase and/or product serial numbers.
The biggest names pay within 90 days or so.
(Mr. Gasket, Comp, Crane, Edelbrock)
Some pay on the spot (like Valvoline), some within a week (like Jegs, Summit, Royal Purple, or Aeromotive), some take a year (like Manley adn Holley, and some never pay at all (like Weld).------------------
Alex Denysenko
Co-Administrator and Moderator NHRA/IHRA/SRA member and licensed Superstock driver
NHRA and IHRA SS/LA & SS/MA National Record Holder '00,'01,'02,'03,'04 &'05
First SS/MA in the TENS!
IHRA division 5 Superstock Champion
Fleet of FoMoCo products including 88 ASC McLaren Mustang #28 The Barry of BarrysGrrl Quote #1: "I never met a magazine mechanic I liked."
Quote #2: "Make sure brain is in gear before engaging mouth!"
Quote #3: "If you can't run with the big dogs, stay on the porch!"
www.moneymakerracing.com
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Rustang
Gearhead Posts: 733
From: Clarion PA
Registered: Nov 2000
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posted 03-01-2005 12:01 PM
Thanks man....
At the last race we had a form to fill out, and there were decals to pick up if needed.  ------------------
'68 mustang 351 clevor- 10.92@124
'67 Stang, 351W -11.18@118
'69 351C Torino-14.90@100
'78 Pickup 351W-15.56@88
'79 Pickup 460 ET=??
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TurboGT
Gearhead Posts: 181
From: Hutchinson, Kansas
Registered: Mar 2002
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posted 03-01-2005 01:01 PM
*rant* - I'll keep this short, though I could go on forever...Why can't the requirements be the same for all manufacturers in the program, and have those requirements be simple for the racer? Why does it matter WHEN the product was purchased? Isn't the idea if contingency to be doing advertising for the company via the contingency decal? Personally, I'm more impressed by a product that a racer was continuing to use after five years, than one that was recently installed.
*end rant* ------------------
Mark Walton
'83 Mustang GT 2.3 Turbo NHRA Stocker - it's alive!
'69 "off brand" NHRA SS/EA [This message has been edited by TurboGT (edited 03-01-2005).]
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Moneymaker
Administrator Posts: 25883
From: Lyons, IL, USA
Registered: May 99
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posted 03-01-2005 01:09 PM
Simplification and standardization is something that many of us have been begging for. NHRA,IHRA,NMRA,NSCA,NASCAR,ARCA are all different.  The biggest crime is the double standards in both NHRA and IHRA.
The sponsors sign a contract to pay the pro catagories within 30 days. THEY MUST PAY THE PRO WINNERS AND RUNNERS UP WITHIN 30 DAYS! There is no such aggrement for the sportsman racers.  All the manufacturers are required to do is pay us within a year.  Now that sucks!
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Alex Denysenko
Co-Administrator and Moderator NHRA/IHRA/SRA member and licensed Superstock driver
NHRA and IHRA SS/LA & SS/MA National Record Holder '00,'01,'02,'03,'04 &'05
First SS/MA in the TENS!
IHRA division 5 Superstock Champion
Fleet of FoMoCo products including 88 ASC McLaren Mustang #28 The Barry of BarrysGrrl Quote #1: "I never met a magazine mechanic I liked."
Quote #2: "Make sure brain is in gear before engaging mouth!"
Quote #3: "If you can't run with the big dogs, stay on the porch!"
www.moneymakerracing.com
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SteveLaRiviere
Administrator Posts: 43152
From: Saco, Maine
Registered: May 99
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posted 03-01-2005 01:11 PM
quote:
Originally posted by Moneymaker:
The biggest crime is the double standards in both NHRA and IHRA.
The sponsors sign a contract to pay the pro catagories within 30 days. THEY MUST PAY THE PRO WINNERS AND RUNNERS UP WITHIN 30 DAYS! There is no such aggrement for the sportsman racers. All the manufacturers are required to do is pay us within a year. Now that sucks!
That's absurd! ------------------
'70 Mustang Mach 1 351C 4V/FMX/3.25 Open
'70 Mustang Convertible 250 I6/3 speed/2.79 Open
'72 Mustang Sprint Hardtop 351C 4V/FMX/4.30 Trac Loc
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
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