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Whenever I've run at the strip, the winner gets a white timeslip and the loser gets a yellow one. As in two slips, so they don't have to be ripped in half.
When you run N/C (no clock or no ET/mph on the large board at the end of the strip) and some is in the lane next to you the time slip person will only give you your half of the time slip. At least that's the way it works at the strips here.