It's my first year of going. It's basically ya pay either 5$ for three runs or 25$ for unlimited runs,and there's a 35$ king of the hill thing for the really fast cars. I believe its put on by Norfolk rod and custom. No money given out,just run who ya want as many times as ya want. I think its an 1/8th mile. Not sure I was getting up to 82 mph by the end. It was a fun and very cheap day,wish we could of stayed longer. It was too hot for the woman and my three year old. Ton o fun.