That was an amazing loss.

[IainB]

1 hour ago, singy13 said:

Your last sentence could have hit the nail on the head - engine tuners are perhaps the big winners in the speedway dig for gold stakes.

Mind I must repeat in the original post on this subject the book states NK as losing £100,000 through covid19 restrictions. But so yes that was his loss. So what were his actual full earnings for that period? I guess, just a guess, it must have been much much more? Still a decent wage for sure.

Sounds like he didn't lose £100k he did not earn £100k, they're very different things. Lost earnings, although it would have been shown as a loss on that years accounts, he would have recouped the majority of his outgoings for that cancelled season when Speedway started up again I'd have thought. 

Edited May 24 by IainB

[M.D]

22 hours ago, Wild Man Vic said:

I was speaking to one top Championship level rider that was doubling up about 9 or 10 years ago and I remember him saying in a busy season the previous year he had earned just under £120k. But, when his machinery, tuning, mechanic costs etc were all taken into account they had cost him £109k.

So, basically he had risked his life racing speedway all over the country for around 7 months to be left with £11k. When you see it like that nothing makes sense, which is what I said to him. With a wry smile his reply was; "Yeah, you are right, but at this stage in my life it's better than having a real job!"

I think that sums up how costly it is and why they do it. Although, I bet the amount of money that ends up with engine tuners over a year is quite eye watering!

Sorry WMV, but I don't believe that at all. Ive worked with a top level rider for almost 10 years albeit a while ago and those figers just don't stack up. Since then, Ive sponsored many riders over the last 10 years since I stoped working directly for a rider (free of charge of course) and they wouldn't do it for that.

Edited Sunday at 04:18 PM by M.D

[M.D]

Just for your information,

I worked with Adam Shields for 10 years (in the pits, working with and attracting sponsors, running his website and the logistical side)

Since he retired ive sponsored

Cameron Woodward

Georgie Wood

Kyle Newman

and this year I sponsor

Kent Eagles

Charlie Wood

Vinnie Foord

I am also part of the team that tried to get speedway back to Arlington so I have a good perspective on the finances that involve running a rider and a club.

[FAST GATER]

IMO engine tuners are like agents in football just adding huge costs to the sport !