Quote Originally Posted by 12pointracing
Quote Originally Posted by The GECCO
This means the rates at HPR will be more than 50% lower than the "market rate" for other equivalent facilities such as MMP, MPH, Heartland Park, Topeka, Mid-America, and so on.
This is some good information!

Quick questions though: Does this mean that the operating costs for a HPR weekend will be substantially lower for the MRA, and thus, a decrease in the entry fee could be possible?
Not really, in fact I can't promise there won't be another increase soon, possibly in 09. Remember that the fees you are paying now are based on the rates we were paying at CDR, La Junta, SCR, and are paying now at PMI. All those were in roughly the same ballpark, but are nowhere near what the market rates are for the facilites I mentioned above. It costs the club roughly twice as much per day to rent MPH as it does PMI, then when you add in all the additional costs associated with taking the club out of state you arrive at the conclusion that the Pueblo races are subsidizing the Hastings races to some extent.

What I will say is that if HPR weren't happening and we had to depend on going to other "market rate" tracks more often you would probably see a rather significant increase in rates.