Thursday, April 14, 2011

2012 Bonus Objectives for Randy Bernard

Randy,
As you may recall your compensation package is based on two components:  A guaranteed component which was covered in your offer letter and an At Risk / Bonus portion based on yearly performance objectives determined from year to year.  2010 and 2011 were development years for the league and your objectives reflected that fact.  2012 is expected to be a growth year for the IndyCar series and your objectives will reflect those expectations.  Your performance will be measured against a series of numeric objectives listed below:
30 Fully sponsored full time participants car driver combinations should compete for 28 qualifying spots for most regular series dates.
40 Participants should compete for 33 starting spots within the Indianapolis 500
1.0 or Greater should be the average Neilson rating for the races broadcast on the NBC Universal Sports channel.
2.0 or Greater Should be the average Neilson rating for the broadcast races other than the Indianapolis 500.
5.0 Should be the minimum Neilson rating for the Indianapolis 500
1.2M Fans should attend the 20 IndyCar series races during the 2012 season.

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