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i've been a speedway supporter since Newport opened in 1964 i was asked by a workmate who has a casual intererest In speedway he went to the G P in Cardiff And asked me The following Questions

How much does the winner get paid

do all the the riders get the same point money

do they all get the same travelling expenses

do they get more for a rostum place

who pays the riders

do the riders get paid appearance money in regards of their world rankings

AND WHAT IS THE PAY RATE PER POINT IN G Ps

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I know the following....

 

Prize money for each GP is in US Dollars and are net amounts.

 

1st - 11,000

2nd - 8,200

3rd - 6,900

4th - 6,000

5th - 5,250

6th - 5,100

7th - 4,650

8th - 4,500

9th - 3,850

10th - 3,700

11th - 3,650

12th - 3,600

13th - 3,550

14th - 3,500

15th - 3,450

16th - 3,400

17th - 2,100

18th - 2,100

 

Travel and hotel expenses are included in the prize money. The FIM pay the prize money.

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I know the following....

 

Prize money for each GP is in US Dollars and are net amounts.

 

1st - 11,000

2nd - 8,200

3rd - 6,900

4th - 6,000

5th - 5,250

6th - 5,100

7th - 4,650

8th - 4,500

9th - 3,850

10th - 3,700

11th - 3,650

12th - 3,600

13th - 3,550

14th - 3,500

15th - 3,450

16th - 3,400

17th - 2,100

18th - 2,100

 

Travel and hotel expenses are included in the prize money. The FIM pay the prize money.

 

man, if thats true, it sucks. those fellas should get more than that. maybe they should quit the gp's and go longtrack racin. i dunno, i thought they were makin more than that. just goes to show ya, its like the old sayin when somebody asks em why they do it.. "well, the way i see it, im too lazy to work and too scared to steal for a livin". they should get more for sure.. ;)

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man, if thats true, it sucks. those fellas should get more than that. maybe they should quit the gp's and go longtrack racin. i dunno, i thought they were makin more than that. just goes to show ya, its like the old sayin when somebody asks em why they do it.. "well, the way i see it, im too lazy to work and too scared to steal for a livin". they should get more for sure.. ;)

 

Sponsorship is the thing though Sandman. With the GP's comes TV exposure and therefore greater sponsorship opportunity

 

Does make you wonder where your exhorbatant ticket prices go though doesn't it.

 

Cardiff, 40000 at an average of £40 with the expense of laying a track but at the speedway tracks there is possibily very relatively little expense in putting on a GP for the returns involved

 

Its no wonder a commercial company loves its GP series so much

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I know the following....

 

Prize money for each GP is in US Dollars and are net amounts.

 

1st - 11,000

2nd - 8,200

3rd - 6,900

4th - 6,000

5th - 5,250

6th - 5,100

7th - 4,650

8th - 4,500

9th - 3,850

10th - 3,700

11th - 3,650

12th - 3,600

13th - 3,550

14th - 3,500

15th - 3,450

16th - 3,400

17th - 2,100

18th - 2,100

 

Travel and hotel expenses are included in the prize money. The FIM pay the prize money.

looks like the reserves get the best deal here. Almost no expense getting to the meeting, most of the time they dont have to ride, and they get £1150 ish. In terms of expenditure, you've got to finish in the top few to be better off than the reserve. I know it's all about sponsorship, but i'm amazed the riders have never asked for more. Will we ever get a breakaway series? Is there a kerry packer out there who likes speedway?

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When you look at the prize money and the expenses that the riders incur I wonder why most of them bother. Let's face it there are only 3 or 4 riders that are capable of becoming World Champion and I am sure that the other 12-13 realise this but can't accept it. How many top actors would go on stage 11 times in a year if it was actually going to cost them money ?

Also the cheek of Mr Bellamy last week telling the British League they ought to get their house in order ! Does he realise that the BL, Polish and Swedish Leagues are actually sponsoring his GPs- that is where most of the riders earn their bread and butter. Take them away and the GPs would fall apart. Furthermore with a World recession on the way he really ought to keep his comments to himself.

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When you look at the prize money and the expenses that the riders incur I wonder why most of them bother. Let's face it there are only 3 or 4 riders that are capable of becoming World Champion and I am sure that the other 12-13 realise this but can't accept it. How many top actors would go on stage 11 times in a year if it was actually going to cost them money ?

Also the cheek of Mr Bellamy last week telling the British League they ought to get their house in order ! Does he realise that the BL, Polish and Swedish Leagues are actually sponsoring his GPs- that is where most of the riders earn their bread and butter. Take them away and the GPs would fall apart. Furthermore with a World recession on the way he really ought to keep his comments to himself.

 

The old World Finals were no better, somewhat worse actually. In 1976 when PC won were it not for a bonus payment from the BSPA to the Brits, and we managed 5 that year, then he would have finished well out of pocket on the meetin, and he won!!!. Coupled with qualifiers all over the globe particpating in the World Championship was an expensive exercise.

 

The winners purse stayed at £500.00 until the eighties if I recall.

 

Still I am sure BSI/IMG can be blamed for that

 

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The old World Finals were no better, somewhat worse actually. In 1976 when PC won were it not for a bonus payment from the BSPA to the Brits, and we managed 5 that year, then he would have finished well out of pocket on the meetin, and he won!!!.

Oh so the BSPA didn't keep it all to themselves eh!!

Travel and hotel expenses are included in the prize money. The FIM pay the prize money.

Perhaps IMG/BSI pay the riders a bonus? Jeff?

Edited by Trees
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Didnt Billy Hamill opt out of the GP's a handful of years ago because it was too expensive? I do think the GP's will grow, and eventually the riders will make good money. It just doesnt do much for the current ones. There are many riders who race professionally because they love it, the money can be secondary for some. If that pay scale is correct, I must admit I was shocked. Thank goodness for rider sponsorship. :wink:

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I think ultimately they proved too expensive because a major sponsor didn't deliver on what was promised to Hamill.

 

and, the shame of it all was he was still competitive at that time.

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I do think the GP's will grow, and eventually the riders will make good money.

 

Well we're still waiting. ;)

 

Why on earth though, would BSI/IMG want assume the financial of risk a full-time circus when they can make a reasonable return from the subsidised GPs they run now? The other question is where are they going to find more mugs... erm local promoters to host them? After all, they had to drop their plans to increase the staging fee in order to get the venues they have now. :rolleyes:

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man, if thats true, it sucks. those fellas should get more than that. maybe they should quit the gp's and go longtrack racin. i dunno, i thought they were makin more than that. just goes to show ya, its like the old sayin when somebody asks em why they do it.. "well, the way i see it, im too lazy to work and too scared to steal for a livin". they should get more for sure.. ;)

you are right.BUT i can tell you 100% that the longtrack guys get nowhere near that amount per GP and there engines tuning is FAR more expensive per meeting than the speedway guys

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Perhaps IMG/BSI pay the riders a bonus? Jeff?

Thats probably why they've invented Super Prix.

 

I recently heard that when Trick won his first world title (one-off) he was given around 2500 as prize money. IN EUROS!! ( around 25000 in SEK at the time...) Also apparently the deal with the current amount of prize money was made for 25 years at the time. Not 100 % sure about this but the person I heard this from rode in the GP at the time.

 

the sums are right but its in euro and not dollars was changed a few years ago

Quote from the FIM rule book.

 

077.10.5 Prize money

The prize money is paid to the riders by the FIM, by bank transfer or cheque,

after each Grand Prix meeting according to the following scale of prize money.

Should a meeting be re-staged the following day or the day after that, the prize

money will remain the same.

(All amounts are shown in US Dollars and are net amounts)

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