Autocrossing & Roadracing Suspension Setup for Track Corvettes, Camber/Caster Adjustments, R-Compound Tires, Race Slicks, Tips on Driving Technique, Events, Results
Sponsored by:
Sponsored by:

How To Make Money Racing

Thread Tools
 
Search this Thread
 
Old 03-06-2009, 11:13 AM
  #1  
joemoia
Melting Slicks
Thread Starter
 
joemoia's Avatar
 
Member Since: May 2003
Location: Torrance Ca.
Posts: 3,241
Received 1 Like on 1 Post

Default How To Make Money Racing

Article from the Feb issue of C&D which describes the "start and park" stratagey of some NASCAR teams to make money; show up at the race with minimal support (no pit crew, extra tires, fuel, etc.), qualify and make the field, then quit the race after a few laps.


MSRP Motorsports ran 2 un-sponsored entries in the Nationwide series: 61 starts, 61 DNFs, $1.2 mil in prize money with an estimated season cost of $700K (not counting the initial cost of the cars at $80K/ea)

http://www.caranddriver.com/features...ing_game-sport

Last edited by joemoia; 02-22-2010 at 01:00 AM.
Old 03-06-2009, 11:28 AM
  #2  
RC45
Race Director
 
RC45's Avatar
 
Member Since: Jun 2003
Location: Houston TX
Posts: 14,051
Likes: 0
Received 9 Likes on 9 Posts
Default

Sounds like a decent job if you can get it
Old 03-06-2009, 11:40 AM
  #3  
AU N EGL
Team Owner
 
AU N EGL's Avatar
 
Member Since: Sep 2003
Location: Raleigh / Rolesville NC
Posts: 43,084
Likes: 0
Received 24 Likes on 24 Posts

Default

Maybe a NASCAR team like this could support an ALMS effort?
Old 03-06-2009, 11:49 AM
  #4  
Speed Direct
Premium Supporting Vendor
 
Speed Direct's Avatar
 
Member Since: Nov 2002
Location: Santo TX
Posts: 1,483
Received 80 Likes on 43 Posts

Default

That's not a bad racket. Maybe I'm in the wrong business...
Old 03-06-2009, 11:50 AM
  #5  
BrianCunningham
Team Owner
 
BrianCunningham's Avatar
 
Member Since: Mar 2001
Location: Boston, Dallas, Detroit, SoCal, back to Boston MA
Posts: 30,607
Received 239 Likes on 167 Posts

Default

Something's definitely wrong there.
Old 03-06-2009, 12:08 PM
  #6  
beerkat
Pro
Support Corvetteforum!
 
beerkat's Avatar
 
Member Since: Dec 2006
Posts: 730
Likes: 0
Received 1 Like on 1 Post
Default

I thought that this thread would say something like..

If you want to make money auto racing then do not get started in it.
Old 03-06-2009, 12:09 PM
  #7  
Joy of 6
Drifting
 
Joy of 6's Avatar
 
Member Since: Apr 2005
Location: Vancouver WA
Posts: 1,620
Received 3 Likes on 3 Posts

Default

Originally Posted by beerkat
I thought that this thread would say something like..

If you want to make money auto racing then do not get started in it.
My thought was the really old joke that if you want to make 1 million in racing start with 4 million
Old 03-06-2009, 12:13 PM
  #8  
0Louis @ LG Motorsports
Former Vendor
 
Louis @ LG Motorsports's Avatar
 
Member Since: May 2003
Location: Dallas Texas
Posts: 2,173
Likes: 0
Received 1 Like on 1 Post

Default

I dont think some of you realize how difficult it really is to make the show in a nationwide or truck race.
Old 03-06-2009, 12:50 PM
  #9  
88Z51
Team Owner
 
88Z51's Avatar
 
Member Since: Oct 2003
Location: Hillsboro OR
Posts: 21,465
Received 112 Likes on 53 Posts

Default

Originally Posted by Joy of 6
My thought was the really old joke that if you want to make 1 million in racing start with 4 million
Old 03-06-2009, 12:58 PM
  #10  
steponc
Burning Brakes
Support Corvetteforum!
 
steponc's Avatar
 
Member Since: Jan 2003
Location: Redwood Valley California
Posts: 775
Received 2 Likes on 2 Posts
St. Jude Donor '14

Default

Or, The easiest way to double your money is to fold it over and put it back in your pocket
Old 03-06-2009, 01:04 PM
  #11  
ryan0
Melting Slicks
 
ryan0's Avatar
 
Member Since: Apr 2003
Location: 2” off your rear bumper
Posts: 2,396
Received 0 Likes on 0 Posts

Default

Originally Posted by Louis @ LG Motorsports
I dont think some of you realize how difficult it really is to make the show in a nationwide or truck race.
should 'making the show' 61 times and having 61 DNFs earn you a half a mill?
Old 03-06-2009, 01:30 PM
  #12  
davidfarmer
Race Director
Support Corvetteforum!
 
davidfarmer's Avatar
 
Member Since: Sep 1999
Location: CONCORD NC
Posts: 12,004
Received 711 Likes on 492 Posts

Default

they found a unique venue for this, I think. Most series make entry fee's higher than winnings (except for the top few spots), and qualifying isn't something that would be easy to maintain. I'm surprise the sanctioning body allowed them to continue this for an entire season.
Old 03-06-2009, 02:23 PM
  #13  
AU N EGL
Team Owner
 
AU N EGL's Avatar
 
Member Since: Sep 2003
Location: Raleigh / Rolesville NC
Posts: 43,084
Likes: 0
Received 24 Likes on 24 Posts

Default

Have to fill the field some how.

Limiting owners to 4 cars with the occasional 5th car for a rookie. Wonder how many Start and Park teams there are?
Old 03-06-2009, 02:55 PM
  #14  
rfn026
Safety Car
 
rfn026's Avatar
 
Member Since: May 2004
Location: Naples FL
Posts: 4,469
Received 272 Likes on 214 Posts

Default

Listen to what Lou has to say on this one. You can't believe how hard it is to get into the show. Also, it only works in the truck series, and once in a while in the Nationwide Series. It's almost impossible to do in the Cup series.

Ron Fellows is a good example of how hard it really is in NASCAR. Look at his record in the ALMS and then look at his record in NASCAR.

The only way it's possible is because NASCAR pays decent. You can win everything in the ALMS and still not cover the motel bills. Sports car racing has always been diver funded and always will be. Grand AM covers all the cost with entry fees and crew passes. A Grand AM race makes a profit before the very first spectator buys a ticket.

On the other hand maybe Lou should give up on the Corvettes and start think about a Toyota truck.

Richard Newton
Corvette Tech Stuff
My Speed TV Blog

Last edited by rfn026; 02-22-2010 at 06:47 AM. Reason: spelling

Get notified of new replies

To How To Make Money Racing




Quick Reply: How To Make Money Racing



All times are GMT -4. The time now is 06:04 PM.