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11 Sep 2012, 07:29 (Ref:3134072) | #51 | ||
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I believe when AVESCO took over in 1997 that all prize money was removed in favour of REC payments to the teams.
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11 Sep 2012, 08:27 (Ref:3134087) | #52 | |
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The REC setup didn't come into play til 2000/2001, didn't it?
Before that, teams were level 1, 2, 3, but not sure what was in place when AVESCO happened. |
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11 Sep 2012, 12:04 (Ref:3134181) | #53 | |||
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Quote:
Somewhere around 2002 it changed to be a higher proportion as appearance money but prize money still existed. Not sure about current situation, might have done away with prize money now & just stuck with appearance money - either way prize money was still there quite some years after 97. |
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13 Sep 2012, 00:13 (Ref:3135106) | #54 | ||
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Prize money is still paid, its just considered rude here for some reason to advertise it, so they call it appearance money......
Just find the court documents from the Longhurst/Dynamik case and you'll see they made about $500-600K for the mid to back of the pack run they had one year. |
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13 Sep 2012, 00:28 (Ref:3135111) | #55 | ||
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