Why don't bicycle manufactures have a contingency program like motorcycle racing?
A contingency program is where the manufacture pays the racer for riding their brand and placing well (top 10) within specific races. For pros, the payout happens typically at each professionally sanctioned race. In amateur racing it's the championship races (IG Kona & regional champs) along a few one off races. To qualify for the program, all the racer needs is a current year race bike (usually current year(N) = N & N-1). See links below showing payout charts for pros and amateurs based on what I could find.
Obviously, bicycle manufactures have an incredibly smaller budget compared to the Japanese motorcycle manufactures, but this could be a great way to move tri bikes.
How about this... Cervelo puts up $100,000 in contingency across all age groups (24?) for anyone racing a current year tri bike at Kona. Based on some googling, at 20% margin /bike with an average bike price of $6K, they'd have to move 83 additional bikes. One can assume not everyone in the top 10 across all 24 age groups rides a Cervelo, so no chance of 100% payout by them. Plus, racers have a better shot at making some $$ back on a costly trip.
Thoughts?
Pro:
https://www.xtrm.com/...mp;yr=2019&evt=2
https://www.xtrm.com/...mp;yr=2019&evt=1
https://www.ktmcash.com/...1-812a-090583ad69ce/
Amateurs:
https://www.xtrm.com/...mp;yr=2019&evt=5
A contingency program is where the manufacture pays the racer for riding their brand and placing well (top 10) within specific races. For pros, the payout happens typically at each professionally sanctioned race. In amateur racing it's the championship races (IG Kona & regional champs) along a few one off races. To qualify for the program, all the racer needs is a current year race bike (usually current year(N) = N & N-1). See links below showing payout charts for pros and amateurs based on what I could find.
Obviously, bicycle manufactures have an incredibly smaller budget compared to the Japanese motorcycle manufactures, but this could be a great way to move tri bikes.
How about this... Cervelo puts up $100,000 in contingency across all age groups (24?) for anyone racing a current year tri bike at Kona. Based on some googling, at 20% margin /bike with an average bike price of $6K, they'd have to move 83 additional bikes. One can assume not everyone in the top 10 across all 24 age groups rides a Cervelo, so no chance of 100% payout by them. Plus, racers have a better shot at making some $$ back on a costly trip.
Thoughts?
Pro:
https://www.xtrm.com/...mp;yr=2019&evt=2
https://www.xtrm.com/...mp;yr=2019&evt=1
https://www.ktmcash.com/...1-812a-090583ad69ce/
Amateurs:
https://www.xtrm.com/...mp;yr=2019&evt=5