Deposit Release

Race Space holds a 10% deposit on all sales until after each event takes place. You can see how much is being held in Performance, under Reserves Held. If you would like to know how much is being held for a particular event, go to your Event Performance section of your Event Dashboard.

Reserves are held until an event is officially Closed. This happens seven days after the date of the event. Once this happens reserves are moved out of Reserves Held and into Expected Next Payment on the Performance page. Once in Expected Next Payment, money will be paid out on the following Friday with the rest of your revenue.