Friday, February 08, 2013

NASCAR to Reallocate Prize Money

NASCAR will reallocate prize money from the last five spots in the field this season in an attempt to make it less profitable for teams to start and park.

"We moved prize money higher in the purse, so if someone's intent is solely to run a lap or two and park, the revenue stream shrinks,'' NASCAR president Mike Helton said Tuesday during an "Autoweek" panel discussion in Detroit.

According to NASCAR, each position from 43rd through 39th will receive $4,000 less for each position. For example, 39th will receive $4,000 less than 38th, 40th $4,000 less than 39th, etc.

NASCAR spokesman Kerry Tharp emphasized this is not a reduction in purses, that the overall prize money in 2013 will increase slightly. He said the money taken away from the last five spots will be redistributed "throughout the remainder of the field.''

"We want to produce an exciting and competitive racing atmosphere for our teams and our fans, and we think the revised distribution provides a better balance,'' Tharp said. (