Hello!
Thank you for your utmost patience. We’ve gone through many confirmations until now, working day and night behind the scenes to provide a solution that most would be satisfied with (which we have a green flag to proceed). Please review below :
1) League continuation:
Nov. 24th (Thursday) 8:50 AM KST
2) Remaining Schedule, Mark your calendars!
3) Participation Fees:
We are switching over to receiving participation fees via
USD on PayPal and other similar payment processors. Our new website is now open!
www.amxrace.com
This is for several reasons:
1. To serve as a temporary solution until our legal team greenlights us to go forward with a crypto-based fee system.
2. To be able to purchase more than one race, and for multiple drivers as well!
Those that have submitted participation fees for the remaining 5 races will still count, and be contacted separately.
4) Race Prize Payouts and Attendance Award :
The attendance award is still in play!! In a modified form for legal reasons. We might have to pay out in USD. Details to be announced later.
5) Taxation and Identity Check
One hurdle that came about was regarding taxation laws. As we are based in South Korea, we have to abide by local laws and deduct taxes on prizes that are over $200 for drivers.
This also means drivers that receive funds greater than $200 must also submit a government-issued ID. We are working on a solution to lessen these fees, but will most likely be implemented in a future date.
6) Race 17 : Car and Track Change
As Daytona International Speedway has become a paid circuit, we’ve decided to change to the Radical SR8 V8 at Laguna Seca. Our next series of rounds will contain some paid cars and tracks which you guys have wanted, so stay tuned
We have 5 races left, so we’re excited to see which drivers will receive the ultimate prize!
Once again, a big thank you to all for waiting and hope to develop this league even more!
See you
November 24th!