USGP Prize Money??

Xavier
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Hossegor, FR
4/28/2010 3:00pm
"There is no purse in Formula 1"

In F1, the promoter pays huge sums of money back to the teams which perform (score points).

So those teams can pay big incentives to the drivers out of that promoter-origined money.

The MXGP system has nothing to do with that, the money goes one-way only.
jamma10
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8/24/2008
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Bristol, GB
4/28/2010 3:00pm
Coyote wrote:
Please find attached the entry procedure and entry form which can be used for the USMXGP. There is no prize money for the riders of the...
Please find attached the entry procedure and entry form which can be used
for the USMXGP.

There is no prize money for the riders of the MXGP in neither of the
classes.

Friendly greetings,

Marc Pauwels
Sport General Manager
Youthstream

If I am an aspiring racer and competing against the "worlds best" why am I not eligible for prize money? Got this from Youthstream after requesting info regarding entry forms and prize money!!
Ok so there may be a few... discrepancies...
flarider
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Daytona Beach, FL, USA
4/28/2010 3:09pm
Xavier wrote:
"There is no purse in Formula 1" In F1, the promoter pays huge sums of money back to the teams which perform (score points). So those...
"There is no purse in Formula 1"

In F1, the promoter pays huge sums of money back to the teams which perform (score points).

So those teams can pay big incentives to the drivers out of that promoter-origined money.

The MXGP system has nothing to do with that, the money goes one-way only.
But there still is no driver's purse
There is only, as you described, a year end constructors purse
Xavier
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619
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Location
Hossegor, FR
4/28/2010 5:06pm Edited Date/Time 4/28/2010 11:59pm
"No purse in Formula 1" is a myth.



Again, there is a huge purse to the Teams (we're talkings dozens of millions of $$$), secretly but precisely defined in the successive "Concorde Agreements" after, each time, months of dealings between the governing boby (FIA), the commercial rights holder and the participating teams.



The Concorde agreements define how those entities share the commercial success of Formula 1.



The last Concorde agreement was signed at the end of 2009 and lasts until end of 2012.



Obviously (coming from the promoter but not set by him), a share of the F1 money somehow goes to the driver, depending on his personnal contract with the team and it has to do with his personnal results, which makes it close to the definition of "purse" (much closer than "no purse whatsoever" anyway !).



MXGP's have none of that stuff (negotiations, stability, distribution of revenue from commercial success, etc.).



Using the Formula 1 example to justify the MXGP's lack of purse is ludicrous.

The Shop

6/4/2010 7:23am
So Youthstream collects money from the riders, sponsors, TV, some of the gate and does what with all that money???? Excludes privateers in their own country where the GP is held, thats elevating the sport????

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