Formula Race Promotions Salary

Formula Race Promotions Salary

How much does the Formula Race Promotions Pay for employees?

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As of August 2026, the average annual salary for employees at Formula Race Promotions in the United States is $94,225. This translates to an approximate hourly wage of $45. Salaries at Formula Race Promotions typically range from $82,820 to $106,599 annually, reflecting the diverse roles and experience levels within the company. Formula Race Promotions’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Formula Race Promotions Pay for Different Roles?

Explore detailed salary information for specific jobs at Formula Race Promotions. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Formula Race Promotions

Ready for your next career move? Explore current job openings at Formula Race Promotions. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formula Race Promotions’s Pay Competitive? Salary Benchmarking Analysis

How does Formula Race Promotions’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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90k
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Average Salary ($/year)
Formula Race Promotions
Business Services
Adanalian Property Management
CPointe Associates Inc
Industry Comparison
Our data shows that, on average, compensation at Formula Race Promotions is below the average for the U.S. Business Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formula Race Promotions average annual salary with several similar companies. Formula Race Promotions average salary of $94,225 is higher than Adanalian Property Management, which has an average salary of $88,793. It is lower than CPointe Associates Inc, with their average salary at $98,202. This places Formula Race Promotions in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Formula Race Promotions's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Formula Race Promotions. Click a company name to learn more.

Employee Reviews: Working at Formula Race Promotions

Considering a career at Formula Race Promotions? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Overall, it’s a predictable work environment that serves well for those seeking reliability and structured responsibilities over rapid growth or innovation. Workload varies a lot depending on the department. Employee contributions are recognized and appreciated regularly. Benefits are average, and work-life balance is maintained. There's a focus on routine tasks rather than innovation. Employees g...
Commented in March 30, 2025
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Meets basic expectations. Projects run on time, and team members are cordial. We have 'meeting-free' days, which are fantastic for catching up on focused work. The company provided everything needed for a productive home setup. Managers are trained to coach and mentor, offering regular check-ins.
Commented in February 19, 2025
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It’s not a standard policy for everyone but can be arranged with management. The company offers transparency from leadership. The health insurance benefits are comprehensive and affordable. This professional environment is highly motivating and creates a stimulating workplace where best practices are shared, and collective expertise elevates our performance.
Commented in December 16, 2024
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Formula Race Promotions Overview

Website
www.racefrp.com
Founded In
1974
Employees
<25 employees
Industry
Business Services
Headquarter Address
1 Stiles Rd Salem New Hampshire NH 03079
Revenue
<$5 Million
Phone Number
+1 8557223377
Social Media
About Formula Race Promotions
The 2015 Atlantic Championship Series is a 14-round, seven-weekend SCCA Pro Racing sanctioned series for Atlantic cars of all types and ages, owned and operated by Formula Race Promotions. The Series opens at Road Atlanta April 10-12. Along with the F2000 and F1600 Championship Series, the Atlantic Championship visits some of the best race tracks east of the Mississippi and features engines from T

What Benefits Does Formula Race Promotions Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula Race Promotions offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Salem?

Understanding the cost of living near Salem is key to truly evaluating a salary offer or your current compensation at Formula Race Promotions.
Salem's Cost of Living Index is approximately 110.5 (10.5% more expensive than US average; 4.6% more than NH average). Southern NH town bordering MA, retail hub, high housing due to MA proximity. Limited local transit. When planning your budget based on a salary from Formula Race Promotions, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Formula Race Promotions salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,050 - $4,700+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula Race Promotions

1. What is the average salary for employees at Formula Race Promotions?

The average annual total compensation for employees at Formula Race Promotions is approximately $94,225. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,820 to $106,599, depending on factors like job role, experience, and location.

2. How much does Formula Race Promotions pay compared to Adanalian Property Management?

The average annual salary at Formula Race Promotions is $94,225, or an hourly wage of $45, in comparison to Adanalian Property Management which pays $88,793 per year or $43 per hour.

3. What is the lowest salary at Formula Race Promotions?

The lowest-paying job at Formula Race Promotions is a Team Manager with a salary of $43,551 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Formula Race Promotions?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Formula Race Promotions for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Formula Race Promotions offer cost-of-living adjustments (COLA) for employees in high-cost areas like Salem?

While some companies offer formal COLA, many, including potentially Formula Race Promotions, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Formula Race Promotions?

Most companies, likely including Formula Race Promotions, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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