AMA News

FreshTopEnd
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2/21/2008 12:49pm
I think the notion of whether running a national is at a profit or loss is misleadingly simplistic. Of course no one is going to do it if the odds are that it will be a financial loss (which can happen if the weather stick a fork in a crowd).

The issue is whether what a track owner receives is a fair return given the up front costs and the risks that come with income at the back end, or whether the margins are such that the profit is a windfall and other stakeholders ought to have a bigger piece of it.
2/21/2008 12:54pm Edited Date/Time 4/16/2016 6:13pm
[quote="oldfart":1jxxvjvb][quote="Foster576":1jxxvjvb][quote="Jeff Polep":1jxxvjvb][ How about a NASCAR Supercross series?[/quote:1jxxvjvb]
Only left turns!!! WOOHOO <img class= " title="Laughing">[/quote:1jxxvjvb]
Alright, I wanna see NASCAR doing 65 foot triples in their cars. For that, I would go see a NASCAR race![/quote:1jxxvjvb]
haha, Where you at now Jeff Gordon??? <img class= " title="Laughing">
FreshTopEnd
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2/21/2008 1:06pm
Right now the AMA gets the TV money; its role as series promoter includes the obligation to secure tv and manage that end. My understanding is that this has been a losing proposition, particularly in the years when the AMA didn't have a series sponsor paying over funds that were to be used to acquire the TV time.

As far as defining a windfall, it's an elusive concept, but I think the reference that matters more than how $X or Y$ fits into the overall revenue stream of the entity is what other essential participants are reaping relative to that number.

It becomes more material to a bigger organization because it may simply say that any activity that doesn't yield a specific amount, or has excessive risk, is an opportunity cost not worth the effort.
j100
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2/21/2008 1:14pm Edited Date/Time 4/16/2016 6:13pm
[quote="FreshTopEnd":p3ijeg2z]I think the notion of whether running a national is at a profit or loss is misleadingly simplistic. Of course no one is going to do it if the odds are that it will be a financial loss (which can happen if the weather stick a fork in a crowd).

The issue is whether what a track owner receives is a fair return given the up front costs and the risks that come with income at the back end, or whether the margins are such that the profit is a windfall and other stakeholders ought to have a bigger piece of it.[/quote:p3ijeg2z]They know/knew the deal going in and if they didn't like it, why'd they sign it?

It's really retarted, in my opinion to agree to something, then bitch about it. If they weren't getting a good deal and it's to risky, don't do it and move on. No one is sticking a gun to anyones head here and it seems to me it's one of those things like they hate to love it.

I think if you're a business person and you have to weigh out the good and the bad and from the sounds of the track owners it's all bad so why take the "risk"? I'm not saying they're "all" bitching, just making the point that I hear more times than not "we lost this an that and we barley made anything, bla, bla, bla".

The Shop

FreshTopEnd
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2/21/2008 2:13pm Edited Date/Time 4/16/2016 6:13pm
I'm not sure I'm following you. I doubt any of the national tracks are running at a loss year in, year out. Whether anyone is making too much is a different question.

Certainly if the AMA thinks people are squirreling away too much money, they can say at this juncture "our sanction fee is $X dollars and in addition you have to pay $Y dollars for a purse; go find your money to make that happen." Then people can say "yes" or "no" to that as they see fit.
j100
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2/21/2008 2:27pm Edited Date/Time 4/16/2016 6:13pm
There will always be somone on the top of the food chain no matter who ends up getting the job so...

"making to much & fair" aren't in our modern day vocabulary. The people on top are always going to make to much and things won't ever be fair.
2/21/2008 3:50pm Edited Date/Time 4/16/2016 6:13pm
[quote:26vdktet]"making to much & fair" aren't in our modern day vocabulary. The people on top are always going to make to much and things won't ever be fair.[/quote:26vdktet]

honestly that is called "capitalism".
FreshTopEnd
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2/21/2008 4:12pm Edited Date/Time 4/16/2016 6:13pm
"Good" capitalists, IMO, recognize that making money a zero-sum game when it takes a lot of different participants to make the enterprise dynamic and vital can be self-defeating.
andymoto
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2/21/2008 11:21pm
How come all these intrested people have not started there own series? How about a NASCAR Supercross series?[/quote]

Because in SX; LN(former Clear Channel) signed long term contracts with many popular stadiums(on schedule or not) to lock them up from other competitors. CYA from other entities trying a takeover of U.S. SX. Leaving only table scraps for anyone daring to try to form another SX series.
flarider
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2/22/2008 6:06am
Ulrich knows where all the bodies are buried
KAWboy14
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2/22/2008 6:31am Edited Date/Time 4/16/2016 6:13pm
[quote="wardy":1a8hy2tr][quote:1a8hy2tr]Does the AMA give a yearly distribution of where membership dues go? [/quote:1a8hy2tr]

GOOD LUCK!!!!! we as a district, and some individual members have asked this question relentlessly for the last what 5 years, we have been ignored, given a glossy overview that tells nothing but totals, and the question is out there again. Be nice to see the books, and by the way, just how many dam people have to be sent to FIM and for what? would one person be plenty, i mean dam is it a 5 day 40 hour job or something? Guess alot of talking needs more mouths.[/quote:1a8hy2tr]

you actually support these people?
KAWboy14
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2/22/2008 6:32am Edited Date/Time 4/16/2016 6:13pm
[quote="j100":1xr9t3dk]so are you saying that the tracks aren't profitable on a national weekend?[/quote:1xr9t3dk]


they lose millions....just ask them.
2/22/2008 7:25am Edited Date/Time 4/16/2016 6:13pm
[quote="pplassm":33sp9b9m]This just in:

http://www.roadracingworld.com/news/art ... icle=31487

"AMA Rep On FIM Motocross Commission Was Paid $23,800 By Motocross de Nations Promoter"[/quote:33sp9b9m]


If this story is correct, then Amick has one fucking big set of balls to put out that resignation letter blasting other people.

And there's got to be something wrong with him negotiating a PERSONAL right to any FIM event in the US while he was being paid by the AMA.
flarider
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2/22/2008 7:36am
Agreed
FLvet
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2/22/2008 7:40am
Any track that runs year round can lose money on a national and yet still turn a profit for the year/season. There is a certain status that goes with being a national track. More folks tend to want to race on it which leads to higher turnouts, more advertisers, sponsors etc etc. for other series/events. If the track didn't have the national then it may not get a better turnout at other events and may not have that big EI billboard in the infield. Then they may not be able to generate as much profit or even then get a yearly loss. Comprende?
j100
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2/22/2008 8:09am
no matter how you spin the situation -- they're not waiting on our new economic stimulus package to pay their bills.
2/22/2008 8:10am Edited Date/Time 4/16/2016 6:13pm
[quote="KAWboy14":2a7as8xb][quote="j100":2a7as8xb]so are you saying that the tracks aren't profitable on a national weekend?[/quote:2a7as8xb]


they lose millions....just ask them.[/quote:2a7as8xb]
hahaha. They lose millions?????? Are you kidding me? <img class= " title="Laughing">
2/22/2008 8:56am Edited Date/Time 4/16/2016 6:13pm
[quote="Foster576":2v6e22n1][quote="KAWboy14":2v6e22n1][quote="j100":2v6e22n1]so are you saying that the tracks aren't profitable on a national weekend?[/quote:2v6e22n1]


they lose millions....just ask them.[/quote:2v6e22n1]
hahaha. They lose millions?????? Are you kidding me? <img class= " title="Laughing">[/quote:2v6e22n1]

[quote:2v6e22n1]....just ask them[/quote:2v6e22n1]
2/22/2008 9:00am Edited Date/Time 4/16/2016 6:13pm
[quote="APLMAN":2dox581m]
[quote:2dox581m]....just ask them[/quote:2dox581m][/quote:2dox581m]
Hey "Them" did you lose millions?
chaind
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2/22/2008 9:06am
Get your popcorn out....this is about to get real interesting. As long as all the parties involved are getting paid, everything goes along just fine. Now that the first of the big players have been thrown under the bus in the power stuggle, alot more info will be coming. Shoot, it won't be long before we find out who's wife was on HGH.

This deal is more like organized crime than anyone would like to admit. The people at the top want all the control and the majority of the money and see it as the only way to keep control. The way the top people lose control is to spill some blood or someone with more power ($$$) come and move them out.

As ignorant as Dingman seems, that is most likley what it took to derail this mess. Start looking at who has been tring to influence the placement of people on the AMA board and you will see who has the most to hide and the most to loose in this shake up.

The AMA had the least invested and the majority of the control it seems. That has to be a disaster waiting to happen. The sucsess of MX/SX is a double edge sword for those at the top in control, they were making bigger money, but that also brings attention from bigger players. The same way that the NPG or others would big foot people to keep them from getting in the game is about to happen to them and they are not to happy about it. I wouldn't be either, but that is the nature of the game. ESPN has done a few one off events and they must have liked the money they made in order to pursue more.

While this is fun to watch and enjoyable to speculate and talk about, none of us internet fools have ANY influence on what will happen at the levels this will get decided. Jay takes great pride in pointing out what a shill Steve and others are for YS and how they will be the destuction of American MX and SX racing as we know it. Guess what Jay, things will change dramaticly reguardless of what those guys write on an internet message board. I have no one to defend or promote, but with self preservation being the law of the jungle and the fact that TFS is closer to most of this information than the rest of us....it makes sense to at least watch what he does and what he says.
2/22/2008 9:13am Edited Date/Time 4/16/2016 6:13pm
[quote="oldfart":ts7393le]They said Yes.[/quote:ts7393le]
Ill be damned.
2/22/2008 9:24am Edited Date/Time 4/16/2016 6:13pm
I think the membership will be informed about all this stuff and it's the "plan" that is being done right now. WE, many who know some of these people and have had to deal with them always "assumed" and thought this kind of crap was going on but you could never proove it. I think this is just the start of it all.

why do you think our district has asked repeatedly for the year end audit report from AMA and have never got one.

bad thing is this, ALL this exposing of the "bad guys" just this mean we are just bringing in a new set of bad guys to replace them with a different twist to it? Or is this really going to be cleaned up and stay "clean"??? as a member that is my first question.
j100
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2/22/2008 10:16am Edited Date/Time 4/16/2016 6:13pm
good point about the change! Money and control make people "bad" so in time they will be the next bad group or maybe they already are.

It's nothing more than a cycle. It's like bringing in a new leader or president... they say they're going to do this and that and at the end of the day it's all the same.

Bottom line, if money is involved, people will be corrupt. This has been going on since the beginning of time and it's not going to stop so get used to it.

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