Of the funds collected from Race Fees, anything not spent over the year, is levied back to the clubs. The amount paid back is based on the number of clubs running events, and each club receives one portion. The idea is that if a big club holds two rounds, the extra levy gathered, is equally shared amongst all clubs.
The goal is that a small amount of extra revenue gets spread out to smaller clubs, helping grow off-road racing in places it isn't currently, plus it encourages clubs to promote off-road and get their members to attend Regionals.
I'd also go further, and say that if any club
• apply for a round , whether accepted or not, and
• has more than 3 of their members attend the pre-requisite number of qualifying rounds, and
• run more than 5 off-road club events per year
would also be eligible for a End of Season payout from the Levy pot.
All clubs have to meet these criteria, to be eligible for a share in the Levy Pot.
This would really make all off-road clubs get involved with and support the SORC series. I'm sure many of the other clubs would start running off-road cars, just to get a payout at the end of the season!
Clubs running a round get a full portion, clubs unsuccessfully applying with the other pre-requisites in place, get half-portion.
Here’s an example of how it would break down, based on 30 drivers at every round, 8 rounds, held by 5 clubs, with 2 others applying.
Race Fees are £10 per class, per round.
Applications from: Falkirk, Stonehaven, Dunfermline, EK, Ayr, Dundee, Grampian, Carlisle.
Falkirk, Stonehaven & Dunfermline to run 2 rounds each, EK & Ayr to run one round together, Grampian to run the other. For various reasons, other applications are refused a round of the series.
Quote:
Year 1
Total race fees = 30 * 8 * 10 = £2,400
Levy collected = 50% = £1,200
Trophies = 21% = £250
Promotion = 8% = £100
Expenses = 12.5% = £150
Retention = 40% = £480
So out of £1200, we spend £980. That leaves £220 for EOS Levy Payout.
We see that 5 clubs held a round (EK & Ayr combined to hold one round, that represents 1 portion).
We have 2 clubs who applied and weren’t granted rounds. Lets say both clubs had 3 representatives at the prerequisite number of events.
5 * 1 portion + 2 * 0.5 portion = 6 portions.
We divide £220 by 6 = £36.66 (we leave a penny in the bank!)
Falkirk, Stonehaven & Dunfermline receive £36.66 (so each of these clubs made £300 + £36.66, over the season)
EK & Ayr receive to share £36.66 (they made £150 + £36.66; £93.33 each)
Grampian receive £36.66 (they made £150 + 36.66)
Dundee receive £18.33
Carlisle receive £18.33
|
Nothing to be sniffed at. The clubs holding a round make money, but also the bigger clubs able to run more than one round, are helping promote off-road racing at smaller clubs. Once we have £1000 in the bank, then we have more money to pay out in later years.
You’ll see that this encourages all clubs to run 5 off-road events a year, have 3 of their members compete at the pre-requisite number of events, and benefits most the clubs that don’t do off-road that much at present. And if a club starts to take the p!ss out of the system, then we give them a round of the championship to run – see how serious they really are! They have to apply to get the levy. If they turn down the acceptance, they don’t get any levy! That keeps it all under control.
Quote:
Year 2
Lets say Falkirk, Dunfermline and Stonehaven run 2 rounds each, Ayr 1, EK 1, and Grampian, Dundee and Carlisle are unsuccessful. This year, we now get 40 at every event.
Total race fees = 40 * 8 * 10 = £3,200
Levy collected = 50% = £1,600
Trophies = 17% = £275
Promotion = 5% = £80
Expenses = 6% = £95
Levy Pot = £1150
LY Retention = £480
Total Levy Pot (minus 40% or £1000) = £630
That leaves £1000 in the bank, and £630 for EOS Levy Payout.
We have 5 clubs getting 1 portion, 3 clubs receiving 0.5 portions
5 * 1 portion + 3 * 0.5 portion = 6.5 portions.
We divide £630 by 6.5 = £96.92
Falkirk, Stonehaven & Dunfermline each receive £96.92 (so each of these clubs made £400 + £96.92, over the season)
EK & Ayr each receive £96.92 (they made £200 + £96.92 each, over the season)
Grampian, Dundee and Carlisle each receive £48.46
|
In this example, this doesn’t take a lot of money away from Falkirk, Stonehaven or Dunfermline. EK & Ayr get a little extra, and Grampian, Dundee and Carlisle are encouraged to keep applying and pushing people to race at Regionals/Nationals. Keeps it all big and healthy.
And the Championship has £1000 in the bank to cover when attendances go down, keeping the event the same each year, in terms of status and quality.