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Officials from the American Drag Racing League announced today that…
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I think by now most everyone that follows the ADRL…
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Good morning ADRL Nation! If you are taking the time…
Officials from the American Drag Racing League announced today that their 2013 ADRL Racer Appreciation and Awards Gala will be held in conjunction with the 2014 ADRL season opening Dragpalooza X event at historic Rockingham Dragway. The Gala will be held Friday, April 4, 2014 at 7:00 p.m. following a full day of competitor testing. The spacious Cole Auditorium in Rockingham will play host to the prestigious event.
In addition to crowning champions in all of the ADRL’s professional and sportsman classes several other awards will also be handed out including one of the most prestigious awards in drag racing, the 10th annual Walter W. Henry Memorial Award for significant contribution to the sport. Previous winners include ADRL co-founders Dave Wood and Tommy Lipar as well as longtime drag racing television personality and historian Bret Kepner. The 4th annual Jim Oddy Sportsmanship award will be presented to the ADRL racer who most demonstrated sportsmanship along with competitive drive during the 2013 tour. Additionally the ADRL will recognize its 2013 Rookie of the Year, 2013 Competitor of the Year, 2013 Track of the Year and 2013 Employee of the Year.
Tickets to the Gala will be available on www.ADRL.us in the coming days.
In light of recent statements made on various media outlets, I feel that the ADRL community deserves a more in-depth account of what has transpired over the course of 2013 that led us to this unfortunate situation. Before getting started I want to personally thank every ADRL racer, team owner, crewmember, sponsor, track partner and fan who has called, sent texts and sent emails offering their support during this difficult transition. It is that support and loyalty that drives me each and every day.
Shortly after reacquiring one hundred percent ownership of the ADRL in December of 2012, my partner Jack Switzer and I sat down and worked up a purse structure for the 2013 ADRL Tour. After weeks of planning and careful consideration we arrived at a figure of $611,200.00 to be paid out over eight events.
During the last week of January 2013 I travelled to Qatar to discuss the 2013 ADRL Tour with Sheikh Khalid Bin Hamad Al-Thani. On the evening of January 30, 2013 I presented our purse structure for 2013 to Sheikh Khalid. After a lengthy conversation it was that evening that Sheikh Khalid committed to sponsoring the 2013 ADRL Tour for $300,000.00. It was agreed by both parties that Speedtech would be named the presenting sponsor of the 2013 ADRL Tour for his financial commitment of $300,000.00 which was to be paid prior to the start of the 2013 ADRL Tour in March. The following day we issued a press release announcing the sponsorship. Shortly after that we posted our 2013 purses on our website www.adrl.us which now totaled $911,200.00.
On the evening of May 3, 2013 while travelling back from Cordova, Illinois following a few days of promotional work for our Spring Drags event, I received a call from Sheikh Khalid. After another lengthy conversation regarding many things, including the fledgling X-DRL, Sheikh Khalid committed another $660,000.00 in sponsorship as well as a $250,000.00 bonus to each ADRL champion in Pro Extreme, Pro Nitrous, Pro Extreme Motorcycle or the soon-to-be-announced Pro Drag Radial class who also won the 2014 Arabian Drag Racing League championship in those respective classes. It was agreed by both parties that $500,000.00 would be paid out at the 2013 ADRL Battle for the Belts, $100,000.00 would be used to increase our 2013 purses starting with our Cordova event and the remaining $60,000.00 would be used to contest Pro Drag Radial at three remaining 2013 ADRL events. We issued a press release the following day announcing all of this.
To date the ADRL has received $630,000.00 via various wire transfers during 2013 for the agreed commitment of $960,000.00 leaving a balance due of $330,000.00. The ADRL has had $1,090,475.00 clear our bank account for 2013 purses as of today. We still owe various racers $45,450.00 for 2013 winnings which are being disbursed this week. We have been working diligently to secure the remaining $330,000.00 owed to racers for the 2013 Battle for the Belts and will disburse those funds immediately upon securing the full amount.
In closing I want to again publicly apologize to every ADRL racer, team owner, crewmember, sponsor, track partner and fan who has suffered as a result of all of this. I also want to be clear that the ADRL will contest an eight race 2014 ADRL Tour as previously announced. As I stated earlier, the outpouring of support from those who believe in us has been overwhelming and for that reason alone I will not rest until the ADRL is back on solid ground. (Photo by Ian Tocher)
I think by now most everyone that follows the ADRL is aware that a significant issue has arisen regarding the payout of the 2013 ADRL Battle for the Belts. I want to be clear before proceeding that I take full responsibility for the current situation that is facing us. I also want to assure everyone who participated in the 2013 Battle for the Belts that they will receive one hundred percent of what they are owed.
I have been involved in promoting drag racing since 2002 and prior to Friday, September 6, 2013 had never advertised or held a race that I did not have the monies to cover. During those twelve years I have raised and paid out several million dollars to racers. As proud as I am of that, I am equally ashamed of what transpired on September 6. Regardless of what promises were made by our sponsor leading up to September 6, I should have cancelled the event. I spoke with our sponsor at the event on that day and was given instructions to not cancel the event and was repeatedly assured that we would receive one hundred percent of the prize monies immediately. Holding that event was simply the biggest mistake of my career.
The second biggest mistake was made on September 27. On that date we were partially paid and we subsequently paid some of the Battle for the Belts competitors. The fact is no one should have been paid until everyone could be paid. It is important to note that I was told that the remaining money would be paid soon thereafter and, based on what we received, was confident that was indeed the case. Regardless, I should have waited and for that I am sorry.
I want to publicly apologize to every ADRL racer, team owner, crew member, sponsor, track partner and fan who has suffered as a result of my grievous lack of judgment. Talk is cheap as they say and all I can do at this point is make things right. With the exception of the remaining Battle for the Belts payout, all remaining 2013 prize monies will be paid prior to the beginning of 2013 PRI show on December 11. As for the remaining Battle for the Belts payout, we are working diligently to secure the funds and have made significant progress in the last several days. Once the full remaining amount is procured, we will issue payment to everyone who is still owed immediately. Anyone who is currently owed for the 2013 Battle for the Belts can contact me directly via email at firstname.lastname@example.org or by calling 855-660-2375 to keep updated on our progress. Thank you for your continued support and Happy Thanksgiving. (Photo by Scott Singleton)