In its sole discretion, Producer may, but is in no way obligated to, award consolation prizes or other prizes, or substitute any prize for its cash equivalent Any prize winner must submit a form W-9 and will receive a Form 1099, which is the form used to report such prize winnings to the Participants in the final four (4) of any Event Race who are eligible for the Race Prize may mutually agree to share the Race Prize in the event one (1) of the final four (4) Racers are declared winner provided any such split of the Race Prize must be weighted with larger amounts awarded to the 1st and 2nd place winners. If Participant wins any prize, including, without limitation, the Race Prize or the Tournament Prize, Participant is solely responsible for any and all Local, State, or Federal taxes that may be incurred as a result of winning the Race Prize.If the Racemaster is involved in a disputed race it will be decided with a vote from the top three points leaders, unless (i) the Racemaster is in the top 3, then the Racemaster’s vote would go to 4th place points leader or (ii) there is more than 3 top points leaders, then Producer shall randomly select 3 out of all top points leaders. The Racemaster (in its sole discretion) will be the arbiter and the ultimate final decision maker on all elements related to the race, including placing, rule breaking, discrepancies, and winning, in consultation with Producer and Compliance. If Chuck Seitsinger is not available, then an alternate Racemaster shall be appointed by Producer. Chuck Seitsinger will be the race master (“ Racemaster”) for each Race.These Tournament Rules may also be modified by mutually agreement of all Racers during each Race’s Racers Producer and Network may engage a third-party compliance specialist to ensure adherence to these Tournament Rules and generally accepted fairness principles (“ Compliance”).
All Racers shall be notified of any material changes to these Tournament Rules prior to any Race. These Tournament Rules are based on generally accepted no-prep rules by which each Event has agreed to abide. Racers may substitute their vehicle and/or acquire a new vehicle so long as such replacement vehicle meets the No Prep invitation guidelines and is approved by Producer. “ Racers” shall be defined as the invited Participant and their vehicle listed below in the signature block of this document. Racers (as defined below) will compete at each Race for individual “ Race Prize(s)” (which will be disclosed in writing prior to each Event), as well as an overall “points” championship “ Tournament Prize” (which is currently t.b.d). Each Race will be invite only and there will be no buy-in.
The No Prep Championship Tournament will include 9 Events on the no-prep circuit (each a “ Race”, collectively the “ Tournament”).Rules for participating in the live events can be found below or can be dowloaded at the link: