The NMRA Ford Nationals has announced an increase in Contingency payments for Nitto Tire Factory Stock and Strange Engineering Coyote Stock (presented by 5.0 Mustang & Super Fords) finalists in 2013 and beyond.
All NMRA event winners will now be eligible for contingency payments of $300 per product (and decal on car) creating quite a lucrative increase in payout for both categories. The runner up at each event will also be able to claim contingency payments of $150 per product and decal.
Steve Wolcott, co-founder of NMRA, said, “we’re proud of our contingency program, which boasts nearly $3 million in prize postings. We also like to point out that all contingency payments are cash-only under our program.”
For some racers that could mean their winning prize in Factory Stock is over $4,000 when combined with the purse.
On the Coyote Stock front, a few racers will be taking home over $3,500 with purse and contingency.
The Contingency program is designed to reward racers for racing and winning with certain components.
Manufacturers and companies post eligible parts, and if a racer runs that part and the required decal, that person is eligible for a cash payment if they are the winner or runner-up.
The NMRA Tech Department vigorously inspects each vehicle to ensure the components and decals are present through the duration of the NMRA national event.
For internal parts—like pistons—the manufacturer usually requires a receipt for proof of purchase.
The contingency program is effective thanks to exposure through NMRA promotional services and racers taking the time to build their cars using the contingency list in order to maximize potential payouts.