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Old March 31st, 2009, 12:07 PM   #1
ChrisZang
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The real cost of racing

For all of us "weekend racers" out there (like me), a friend of mine found this interesting article (which probably all of our Spec-Boxster racing friends will be able to confirm):

http://www.speedsportlife.com/2009/0...-sedan-racing/
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Old March 31st, 2009, 12:43 PM   #2
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Haven't read the article in the link....

But I believe if you open a company (ie: Zang Racing), you can write-off and expense most of the investment. Talk to your CPA.
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Old March 31st, 2009, 02:22 PM   #3
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Hmmmmmmm,

"Zang Racing Group" - I like the sound of it
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Old March 31st, 2009, 02:32 PM   #4
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how to make a small fortune in racing.....start with a large fortune
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Old April 2nd, 2009, 01:55 PM   #5
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Flat Out, Flat Broke: Formula 1 the Hard Way!

Little follow up:

I just laid my hands on the following book: "Flat Out, Flat Broke: Formula 1 the Hard Way!"
[ame="http://www.amazon.com/Flat-Out-Broke-Formula-Hard/dp/1844250180/ref=sr_1_1?ie=UTF8&s=books&qid=1238691121&sr=8-1"]Amazon.com: Flat Out, Flat Broke: Formula 1 the Hard Way! (0699414002627): Perry McCarthy, Damon Hill, Perry McCarthy: Books[/ame]

You MUST read this, this is one great (very funny and very informative) book about a guy who albeit he drove a F1 car he never quite made it in F1 and who also was the "Black Stig" in TopGear season 1 & 2 , before Jeremy Clarkson "killed him" and replaced him with the "White Stig".
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Old October 26th, 2015, 05:31 AM   #6
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Oh no....didn't hear that part ....I guess TRG needs to look at that before the Laguna Seca race this weekend....????
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Old October 27th, 2015, 09:39 AM   #7
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Several years ago while attending a GGR DE event at Laguna Seca a couple parked next to me in a new pick up and a car trailer. He unloaded a race ready 911 and over the course of the event we struck up several conversations. He and his wife traveled around the country participating in as many races as they could when he wasn't working. I got around to asking him what it costs to race for a year and he confided that they spend around $150K a year to race as an amateur. Can't imagine what professional racing costs but it is probably a good case for sponsorship.
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