Speedgroup Club Europe

SPEEDGROUP
Contingency Program

Contingency Program 2012

Since we startet the Speedgroup Contingency Program three years ago we have had a fantastic response from our Contingency Partners and from the racers.
Since this year we are offering two Contingency Programs:
- the FIA/UEM Contingency Program
- and the EDRS Contingency Program

Today we are able to offer great Marketing Opporunities to the companies and a great Contingency Program to the racers with a current value of over $136.000 for the FIA/UEM classes and a current value of over $126.000 for the EDRS sportsman classes.

And we are still negotiating with several companies who might join the scheme before or during the season.

-------------------------------------------

Details about the Contingency Program

What is the Contingency Program and who does it ?
The contingency program is a back-to-back trancaction between racers and manufacturer.
In the contingency program manufacturers reward teams that use their products when they are in the winners' circle (winner or runner-up). The program also serves to expose the manufacturers' brand names (and products, if applicable). The aim is also to attract new customers to the participating manufacturers by promoting the program actively. Teams are encouraged and advised to choose suppliers among companies included in the contingency program.

How does it work ?
Manufacturers are encouraged to select two of the FIA / UEM classes or more to work with the contingency program. Information about each individual class can be provided by Speedgroup on request.

What are the Contingency Rewards ?
The winners and runners-up at each event are rewarded by the contingency companies they have signed up for. In general that means $300 to the winner and $100 to the runner-up*.

What must teams comply with?
Teams have to sign up for the contingency program with a class contingency sponsor if using their products and can provide proof of it. *
Teams must expose stickers provided for this purpose on the car/bike according to specific instructions. Stickers must be on from the 1st qualification run to be eligible for payout if winning or being runner-up.

* The conditions differ and it is the teams' responsibility to find out what is applicable in each case. Speedgroup can provide full information on request.
Payout is only applicable if the winner/runner-up run the manufacturers’ products and decals and can provide the requested proof of it.

Decals
The decals are to be provided from the contingency sponsor to Speedgroup who provide them to the racers. The size of the decals are restricted to a maximum of 36 sqre inches for cars and a maximum of 15 square inches for bikes.

Administration

Administration of the contingency program is handled by Speedgroup. Administration include providing necessary information and stickers to the teams on request continuously report back results and photos from the races to the contingency sponsor with results and photos from the races check on site that the contingency conditions are met for payout to be applicable handle payouts promote the program long-term to include further companies that are of value to the teams

Additional Information

The contingency payout options are:
Cash (bank transfer or cheque)
Customer Account Refund - to the racer's account with the manufacturer
Gift Certificate - to be traded for products on forth- coming orders. Must be valid for a minimum of 2 years from date of issue.

It is up to the manufacturer to choose what form of payment they wish to use.

If you need any further information please email gittli.koller@speedgroup.eu