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Purse, Records, and Awards Bulletin

Thursday, Apr. 28 2016
2016 Website Post Banner

Posted Online: April 28, 2016 (Subject to Change)

Awards:

To celebrate this summer’s 100th anniversary the PPIHC has worked with Colorado Springs based Glassical Designs to produce crystal trophies featuring the Penrose Trophy that was awarded to the winner of the inaugural 1916 race.  1st, 2nd and 3rd place finishers in award eligible divisions/classes will receive 11”, 9” and 7” trophies respectively.

Watches:

TAG Heuer, the PPIHC’s Official Timekeeper, will present ten PPIHC Limited Edition watches valued at a total of $15,000.00 to the winners of award eligible divisions/classes.

Cash:

The total cash purse for the 2016 Race will be $100,000.00USD.  The 2016 purse allocation was approved by the PPIHC Board of Directors on March 22nd, 2016 with the following breakdown:

  • $5,000.00 will be distributed between the Car & Motorcycle Kings of the Mountain. The cash allocation between the Car & Motorcycle competitors with the fastest overall time will be determined based on the percentage of entries each discipline makes of the entire field.

For example, if there are 67 entries in the Car field and 33 in the Bikes, the Cars and Bike fields would receive 67% & 33% respectively of the $5,000.00 King of the Mountain allocation.

  • $10,000.00 shall be distributed between the Pikes Peak Challenge Car & Motorcycle Divisions. The cash allocation between the Car & Motorcycle PPC Divisions will be determined based on the percentage of entries each makes of the entire PPC field.

For example, if there are 23 entries in the Car PPC field and 10 in the Bikes, the Cars and Bike PPC fields would receive 70% & 30% respectively of the $10,000.00 PPC allocation.

REMINDER: Only the 1st, 2nd and 3rd place finishers for the Car and Bike PPC Divisions will be receive purse and awards.

  • $60,000.00 will be distributed evenly between the remaining purse eligible divisions/classes based on the number of participants in a division/class.
  • $25,000.00 will be split amongst any competitor(s) breaking the nine minute mark (8:59.999 or faster) with a maximum of $10,000.00 going to an individual entry.

NOTE: All percentage based purse allocations will be determined based on the number of eligible entries that cross the Start Line on Race Day (6/26/2016).

The below chart, per the 2016 PPIHC Rule Book, lists which divisions/classes are eligible for purse payouts, awards, and recording records.

Car – Division Class Purse Eligibility Watch Eligibility Award Eligibility Record Eligibility
Overall Division Class
Unlimited Yes Yes Yes Yes Yes N/A
Electric Modified Yes for Division Yes for Division Yes for Division Yes Yes Yes
Production Yes Yes Yes
Time Attack Time Attack 1 Yes Yes Yes Yes Yes Yes
Time Attack 2 Production Yes Yes Yes Yes Yes Yes
Pikes Peak Challenge Open Wheel Only 1st/2nd/3rd for entire division Only 1st for entire division Only 1st/2nd/3rd  for entire division Yes Yes Yes
Pikes Peak Open Yes Yes Yes
Vintage Yes Yes Yes
Exhibition Yes Yes No
     
Bike – Division Class Purse Eligibility Watch Eligibility Award Eligibility Record Eligibility
Overall Division Class
Pikes Peak Heavyweight Yes Yes Yes Yes Yes N/A
Pikes Peak Middleweight Yes Yes Yes Yes Yes N/A
Pikes Peak Lightweight Yes Yes Yes Yes Yes N/A
Pikes Peak Quad Yes Yes Yes Yes Yes N/A
Pikes Peak Challenge Electric Bike  

Only 1st/2nd/3rd for entire division

 

Only 1st for entire division Only 1st/2nd/3rd  for entire division Yes Yes Yes
Sidecar Yes Yes Yes
Vintage Motorcycle Yes Yes Yes
Exhibition Powersport Yes Yes No

The number of places that will be paid in each eligible division/class will be determined by the number of eligible entries that cross the Start Line on Race Day.  The parameters listing how many places will be paid for a division/class based on the divisions/classes allocation of the purse is as follows:

All Except PPC Classes with 6-9 competitors & PPC Divisions will pay out 3 places.
Classes with 10-15 competitors pay out 4 places.
Classes with 16-21 competitors pay out 5 places.
Classes with 22-27 competitors pay out 6 places.
 
3 Place Payout 4 Place Payout 5 Place Payout 6 Place Payout
1st 50.00% 1st 40.00% 1st 30.00% 1st 24.00%
2nd 30.00% 2nd 30.00% 2nd 25.00% 2nd 21.00%
3rd 20.00% 3rd 20.00% 3rd 20.00% 3rd 18.00%
Total 100.00% 4th 10.00% 4th 15.00% 4th 15.00%
Total 100.00% 5th 10.00% 5th 12.00%
Total 100.00% 6th 10.00%
Total 100.00%

 

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