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Post by Chopper on Dec 6, 2023 14:50:28 GMT 12
Just been looking at the entry forms for both the NZ Superstocks & NZ Stockcars and stumbled across the prize money that's paid out, it says that the winner (of both these events) get $3000.00 for getting 1NZ.
One would have thought that 1NZ in the Superstocks would get more than the Stockcars? And 2NZ in the Stockcars gets more than 2NZ in the Supers.
For reference, here's the comparison (taken from each entry form)
NZ Superstocks
Championship Final
1st - $3000*
2nd - $2000*
3rd - $1500*
4th - $1000*
5th - $900*
6th - $800
7th - $700
8th - $600
9th - $500
10th - $400
NZ Stockcars
Overall Placings
1st - $3000
2nd - $2750
3rd - $2500
4th - $1250
5th - $1000
6th to 10th - $500
How is it that the prize money is nigh on exactly the same? I would have thought there would be quite a substantial difference (in this day and age) between the two classes.
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Post by graemeh on Dec 6, 2023 14:53:10 GMT 12
Much harder to win the NZ Stockcars  |
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Post by bikeboy on Dec 6, 2023 17:56:05 GMT 12
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Post by tony27 on Dec 6, 2023 20:05:52 GMT 12
The really surprising part to me is that second to fifth pay better in stockcars
Does anyone know how these figures compare to previous titles, has the prizemoney been higher in previous years?
My calculations of the prizemoney stated for the superstocks doesn't even get to half the require $25K
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Post by graemeh on Dec 6, 2023 20:39:54 GMT 12
The really surprising part to me is that second to fifth pay better in stockcars Does anyone know how these figures compare to previous titles, has the prizemoney been higher in previous years? My calculations of the prizemoney stated for the superstocks doesn't even get to half the require $25K My calculation which includes Overall placegetters 15,000 plus heats for 6 qualifying groups at 10K so meets the 25k. Wouldn't be unfair to possibly include the Tier 2 and 3 prizemoney as well in my opinion |
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Post by wildcatsfan on Dec 6, 2023 20:46:15 GMT 12
Much harder to win the NZ Stockcars Who are you kidding??? Try telling that to the V Boys who couldn't podium at the NZGP in spite of having 8 qualify for the finals. The dominance of Gizzie & the Rees's is making winning 1NZ Superstocks a highly improbable proposition! Stockcars is far far more even playing field to succeed, couldn't disagree with you more strongly. |
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Post by tank11 on Dec 6, 2023 21:05:44 GMT 12
Much harder to win the NZ Stockcars Who are you kidding??? Try telling that to the V Boys who couldn't podium at the NZGP in spite of having 8 qualify for the finals. The dominance of Gizzie & the Rees's is making winning 1NZ Superstocks a highly improbable proposition! Stockcars is far far more even playing field to succeed, couldn't disagree with you more strongly. LOL, one G car took out one car that had a chance of winning it. I doubt James was calculating the position of said car and the stage of the race. C car took out the leader! |
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Post by superstocker on Dec 7, 2023 9:21:40 GMT 12
$3k to win… it’s not about winning the money… $3k wouldn’t even cover the cost for one night racing..
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Post by grindingdisc on Dec 7, 2023 10:51:11 GMT 12
Much harder to win the NZ Stockcars Who are you kidding??? Try telling that to the V Boys who couldn't podium at the NZGP in spite of having 8 qualify for the finals. The dominance of Gizzie & the Rees's is making winning 1NZ Superstocks a highly improbable proposition! Stockcars is far far more even playing field to succeed, couldn't disagree with you more strongly. Think heres referring to that there normally is around 30 - 70 more entries in the stockcars making it harder to qualify and with the racing being more even on track that it can make it harder. But each and every title is its own but it does make it bloody hard when only 3 cars from each group qualify |
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Post by grindingdisc on Dec 7, 2023 10:55:36 GMT 12
Stratford Speedway has always been known to pay good prize money for the titles they host, some tracks dont pay much at all a certain track a few years ago only payed around $500 for 1nz… abit embarassing really when most tracks pay that for a local championship meeting,
I really dislike the tracks that want to pay like up to 30th place i would rather see it on the nose for the podium
The non refundable entry fee should cover a small chunk of the prize money pay out
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Post by tony27 on Dec 7, 2023 15:04:52 GMT 12
My calculation which includes Overall placegetters 15,000 plus heats for 6 qualifying groups at 10K so meets the 25k. Wouldn't be unfair to possibly include the Tier 2 and 3 prizemoney as well in my opinion I'm just going on it saying championship final in the initial post & adding the figures stated which only go down to 10th, the number I came up with was $11400 but if there's money paid out for heats & non-qualifiers then I would be way out |
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Post by Saloon29s on Dec 7, 2023 16:41:01 GMT 12
Interesting point to note, under the SNZ IRD determination, a competitor can only receive a maximum of $3,000 per event (race).
This will most likely be why you will/should not see a NZ title paying more than 3k to win.
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Post by grindingdisc on Dec 7, 2023 17:56:06 GMT 12
Interesting point to note, under the SNZ IRD determination, a competitor can only receive a maximum of $3,000 per event (race). This will most likely be why you will/should not see a NZ title paying more than 3k to win. Thats not in the rule book anywhere. There is meetings around where drivers win 5k & 10k and get on just fine |
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Post by superstocker on Dec 7, 2023 19:36:00 GMT 12
Interesting point to note, under the SNZ IRD determination, a competitor can only receive a maximum of $3,000 per event (race). This will most likely be why you will/should not see a NZ title paying more than 3k to win. Pretty sure KK was big money to win, $10k superstock shoot out… so that can’t be right at all |
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Post by Jeffery on Dec 7, 2023 20:02:25 GMT 12
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Post by grindingdisc on Dec 7, 2023 20:31:21 GMT 12
So after reading that you dont have to pay tax as an amature sports person regardless of the amount and no where is a mention of $3000
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Post by The Observer on Dec 7, 2023 22:33:31 GMT 12
Interesting point to note, under the SNZ IRD determination, a competitor can only receive a maximum of $3,000 per event (race). This will most likely be why you will/should not see a NZ title paying more than 3k to win. Hahaha nice one JMac. Hope you have ditched a saloon and are considering coming out of stockcar retirement for this one? As per an earlier poster formerly SPANZ and now SNZ and those clubs who make up SNZ voted for a minimum prize money for drivers of NZ titles. Always meant to be a minimum - with the idea that other tracks could pitch for titles with higher prize money. Then up to drivers delegates and tracks at AGMs to use their voting power to decide who for the title. This did occur, but the big dollars were never really accepted with the unofficial official rotation followed Then of course title allocations rotation came in and … inevitably those “minimum” prize money indications became the default - after all as a track taking the risk of hosting the meeting, with a garuntee of running the title and getting the competitors to turn up why would you offer more? Regardless - for club run promotions still a significant outlay and not convinced any racer is deciding to attend based on the prize money - however one could also argue that if the prize was greater there might be more teams racing to secure the purse …. Might even make whonis on whose team more interesting, rather than just the “ministock mates” or “inter track rivalry” we often hear about |
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