Track Event Cancellation Information
05-01-2020, 09:44 AM
#91
Rennlist Member
Yep, Chin just cancelled another without offering refunds... I hate to say it but their business model means they are off the list of groups I will ever run with which is a shame b/c they are a good organization but I'm not giving my $ to someone who has now repeatedly demonstrated they will happily keep it if there event gets cancelled. How much $$$ have they held from people now? Just the last 3 events with 50 people per event at $800 p/p would be $40K per event or $120K... Even if you factor in track deposits it's time to give people their money back.
I guess if you don't ever plan to do (or can't do) an event with them in the future, that's a different story.
I'm more disappointed with NASCAR and why they would cancel these events when there is no scientific basis for doing so. To only allow non-broadcast HPDE events to take place after May 18 makes no sense. If you look at the roster, you see that all those drivers from Sat/Sun would really help out the people of Sebring - track / hotels / restaurants / etc. I guess NASCAR is doing great financially and doesn't need the economic stimulus.
05-01-2020, 09:53 AM
#92
Rennlist Member
Join Date: Apr 2017
Location: The Swamps of Jersey/WGI/VIR...
Posts: 6,688
Received 1,817 Likes
on
1,209 Posts
Yep, Chin just cancelled another without offering refunds... I hate to say it but their business model means they are off the list of groups I will ever run with which is a shame b/c they are a good organization but I'm not giving my $ to someone who has now repeatedly demonstrated they will happily keep it if there event gets cancelled. How much $$$ have they held from people now? Just the last 3 events with 50 people per event at $800 p/p would be $40K per event or $120K... Even if you factor in track deposits it's time to give people their money back.
Their refund policy actually surprises me. Wouldn't expect that from Chin, but they seem to have made their bed, so.........
05-01-2020, 09:54 AM
#93
Rennlist Member
Sent Chin a note requesting if partial refund was an option as it's going to be over a year before I get to a Chin event. I think it's reasonable to give partial credit for track deposits but I think most people would like the security of a few extra dollars in their account right now with 30M people being laid off....
05-01-2020, 10:08 AM
#95
Rennlist Member
Join Date: May 2012
Location: Mid-Atlantic (on land, not in the middle of the ocean)
Posts: 13,312
Received 4,496 Likes
on
2,558 Posts
I don't understand how tracks were able to hold on to Chin's money if the tracks were closed.
05-01-2020, 10:17 AM
#96
Some may have allowed them to move their deposit to another weekend if available but there are others in the NE they aren't even coming back to this year so they absolutely got their money back...
The following users liked this post:
dgrobs (05-01-2020)
05-01-2020, 10:36 AM
#98
Basic Sponsor
Rennlist
Site Sponsor
Rennlist
Site Sponsor
I think I can KINDA understand the stance by CHIN, but I'm only guessing here. I've never run with them so again, just speculation.
CHIN is a for profit organization, PCA is not. CHIN has expenses like paying personnel, equipment costs, possible outstanding loans and debt, etc. So its quite possibly a cashflow issue.
Maybe...???
CHIN is a for profit organization, PCA is not. CHIN has expenses like paying personnel, equipment costs, possible outstanding loans and debt, etc. So its quite possibly a cashflow issue.
Maybe...???
__________________
Bob Saville
Getting You On Track!
www.naroescapemotorsports.com
704-395-2975
'07 SPC
'71 914/6 Huey
'04 GT3
Bob Saville
Getting You On Track!
www.naroescapemotorsports.com
704-395-2975
- Data Analysis & Coaching
- Drivers Gear
- Crew Gear
- Car Gear
'07 SPC
'71 914/6 Huey
'04 GT3
05-01-2020, 11:35 AM
#99
Burning Brakes
I'm in the same boat, Paul. I now have a bunch of credit with Chin due to these cancellations. However, I plan to use it in upcoming events and I have faith that the funds are not being mismanaged, which is key. I have confidence in the Chin staff.
I guess if you don't ever plan to do (or can't do) an event with them in the future, that's a different story.
I guess if you don't ever plan to do (or can't do) an event with them in the future, that's a different story.
05-01-2020, 11:47 AM
#100
Burning Brakes
I don't play and rarely watch golf, but I honestly could not believe they canceled the US Open due to COVID-19. Obviously they couldn't allow spectators, but self-distancing is so easy on the course for they players, and the tournament would still reap major $$ from televised advertisement.
05-01-2020, 01:09 PM
#101
I don't play and rarely watch golf, but I honestly could not believe they canceled the US Open due to COVID-19. Obviously they couldn't allow spectators, but self-distancing is so easy on the course for they players, and the tournament would still reap major $$ from televised advertisement.
05-01-2020, 01:14 PM
#102
Rennlist Member
Join Date: May 2012
Location: Mid-Atlantic (on land, not in the middle of the ocean)
Posts: 13,312
Received 4,496 Likes
on
2,558 Posts
05-01-2020, 01:40 PM
#103
WRONGLY ACCUSED!
Rennlist Member
Rennlist Member
Yep, Chin just cancelled another without offering refunds... I hate to say it but their business model means they are off the list of groups I will ever run with which is a shame b/c they are a good organization but I'm not giving my $ to someone who has now repeatedly demonstrated they will happily keep it if there event gets cancelled. How much $$$ have they held from people now? Just the last 3 events with 50 people per event at $800 p/p would be $40K per event or $120K... Even if you factor in track deposits it's time to give people their money back.
I guess lawyers don't drive with Chin?
05-01-2020, 01:46 PM
#104
Rennlist Member
Join Date: Apr 2017
Location: The Swamps of Jersey/WGI/VIR...
Posts: 6,688
Received 1,817 Likes
on
1,209 Posts
So glad I waited to register for these Chin events.
I'd be pretty pissed right now (just on principle) if Chin was holding my money for an event(s) that we don't even know if and when is going to happen.
What's the lawyers take on this Luigi?
05-01-2020, 02:16 PM
#105
Rennlist Member
Join Date: Apr 2017
Location: The Swamps of Jersey/WGI/VIR...
Posts: 6,688
Received 1,817 Likes
on
1,209 Posts
Our next one just bit the dust. From NNJR Chair. End of May event:Considering the existing social distancing and other procedures to prevent the spread of COVID-19,
as well as uncertainties related to the reopening of businesses in New Jersey,
NJMP and NNJR have mutually decided to cancel the May 29-30 DE. at Thunderbolt.
We appreciate those of you who registered.
There have been no charges to credit cards.
Hopefully this current national crisis will soon pass and we can return to some semblance of normal.
In the meantime, we hope that all of you remain healthy and safe, and we look forward to seeing you at future events.
as well as uncertainties related to the reopening of businesses in New Jersey,
NJMP and NNJR have mutually decided to cancel the May 29-30 DE. at Thunderbolt.
We appreciate those of you who registered.
There have been no charges to credit cards.
Hopefully this current national crisis will soon pass and we can return to some semblance of normal.
In the meantime, we hope that all of you remain healthy and safe, and we look forward to seeing you at future events.