From Roadracingworld.com:
Yamaha Doubles Road Race Contingency, Will Pay Back Five Places In 2006
Dec 22, 2005
From a press release issued by Yamaha Motor Corp. U.S.A.:
CYPRESS, Calif., — Yamaha Motor Corporation is pleased to announce a significantly expanded Road Racing contingency program for 2006 by more than doubling the posted payouts for amateur and professional roadracers throughout the U.S. In addition, Yamaha riders competing in sprint races around the country will now earn back to five places rather than just for 1st place as in the previous program. Commenting on the program, Yamaha Racing Division Manager Keith McCarty said, "We're really excited about the changes we've made to this year's program. Our customers who choose to race Yamaha sportbikes will have more opportunities than ever to earn contingency monies in the year ahead." Eligible Yamaha motorcycles include sportbikes like the YZF-R1, YZF-R1 Limited Edition and the all-new and very potent YZF-R6.
Program details, list of eligible races and enrollment forms can be found directly at http://www.yamaha-motor.com/sport/events/contingency_rr_06.aspx.
Yamaha doubles it, but it's still a fraction of what Honda pays! :P
I landed $400 for 4th place (twice) last year... 8)
Jeff, quit giving out our secrets!! Noone else pays any attention to Honda money!
doh! good point ;D
QuoteYamaha doubles it, but it's still a fraction of what Honda pays! :P
I landed $400 for 4th place (twice) last year... 8)
yeah, but they offer that because they know that few people will ride a Honda anyway. ;D
Ready to renew our rivalry Chad?
Awesome! Now all I need is an '05 ... which brings me to the question : Why do manufacturers only pay back one model year? I can understand if it's a completely different bike, but in the case of the R1 it is relatively unchanged and certainly nothing the average street rider would even notice.
QuoteAwesome! Now all I need is an '05 ... which brings me to the question : Why do manufacturers only pay back one model year? I can understand if it's a completely different bike, but in the case of the R1 it is relatively unchanged and certainly nothing the average street rider would even notice.
why?? to get people buying bikes, ;D which is kinda the reason for the contingency program in the 1st place. Even if they dont change the bike much, they sure would rather you buy another bike. THis program sure beats the crap outa last years "win or nothing" schedule.
QuoteReady to renew our rivalry Chad?
whats your terms Sir?
Bring your 600 and your motard, we'll do the same. Honda VS Yamaha...bring your checkbook.
QuoteBring your 600 and your motard, we'll do the same. Honda VS Yamaha...bring your checkbook.
you getting a 600 again, and buying a CRF?
if thats what you're saying, it's on. ;D
Quotewhy?? to get people buying bikes, ;D which is kinda the reason for the contingency program in the 1st place. Even if they dont change the bike much, they sure would rather you buy another bike. THis program sure beats the crap outa last years "win or nothing" schedule.
I'll agree that paying to fifth is MUCH better, but I disagree with the reason for the year requirement. Does anyone race a brand new bike? I certainly never have and I was under the impression that most race salvage or at least used bikes. Am I wrong on that? I am for sure not going out and buy an '06 just to make (at best) a quarter of the price back. My only option is to find a friend with an R1 who will swap frames (fat chance). Oh well.
QuoteI'll agree that paying to fifth is MUCH better, but I disagree with the reason for the year requirement. Does anyone race a brand new bike? I certainly never have and I was under the impression that most race salvage or at least used bikes. Am I wrong on that? I am for sure not going out and buy an '06 just to make (at best) a quarter of the price back. My only option is to find a friend with an R1 who will swap frames (fat chance). Oh well.
does not have to be brand new.. 05 or 06 for 2006..
What is it to win on a Honda? $ 1000.00 ?
~~ JeF4y says: Yamaha doubles it, but it's still a fraction of what Honda pays! ~~
sweet...great money...great bike...now if i could just figure out how to pull up the anchor...i'd be all set! :-/
QuoteI'll agree that paying to fifth is MUCH better, but I disagree with the reason for the year requirement. Does anyone race a brand new bike? I certainly never have and I was under the impression that most race salvage or at least used bikes. Am I wrong on that? I am for sure not going out and buy an '06 just to make (at best) a quarter of the price back. My only option is to find a friend with an R1 who will swap frames (fat chance). Oh well.
My novice season I bought an 03'Sv 650 brand new, Last season I bought a brand new 04GSXR 600 and this season we are getting a brand new 600....We were going in the direction of another Suzuki, But after Yamaha had to go and change their payout who knows.......
QuoteWhat is it to win on a Honda? $ 1000.00 ?
I just looked and I can't find it online anymore since the 05 season is closed, but if I recall correctly:
1 - $1500
2 - $1000
3 - $750
4 - $500
5 - $350
I'm positive about 3-5, and am 95% sure on 1&2.
Oh yeah, and the beauty of Honda is that it pays out 5:5. There is no minimum field requirement and none of this "pay 1/2 the field" crap...
And to answer the question of racing a new bike? When I started racing, I found it insane that anyone would race a bike off the showroom. Now, I find it insane that anyone would take that showroom bike and put it on the street...
I started racing new in 03, and bought another new bike in 05. Depending on the changes Honda makes in 07 I may buy another new bike. Otherwise I'll stick with my 05.
For contingency, it is nice to get some $$$ back. It certainly didn't negate my investment, but it helps. Plus, if you keep current within 2 years, the churn on the bike is very good.
For example, if I buy an 07, chances are many of my parts will swap over which will reduce my costs. Plus, the 05 will still be worth somewhere in the $5k range. So... Take $5k for the 05 racebike, and figure $2000-$2500 cash back for selling off all the street take-off's on a brand new year bike (07), and I've got $7000-$7500 towards a bike which I'll get at cost. It comes out very near even...
However, if you let it slide 3, 4 or 5+ years, you're racing on a bike that you'll never get your money out of, and the competition in all likelihood, is on a bike with more HP and of a lighter weight.
I've crunched numbers both ways, and honestly, buying new every 2 years works out quite well...