Team Brabham LMP2, on Kickstarter

Team Brabham LMP2, on Kickstarter

Author
Discussion

Crafty_

Original Poster:

13,248 posts

199 months

Wednesday 24th September 2014
quotequote all
https://www.indiegogo.com/projects/project-brabham

Interesting. Will the funding approach work ?

civicduty

1,857 posts

202 months

Wednesday 24th September 2014
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I would expect more from the £10000 package.

skeggysteve

5,724 posts

216 months

Wednesday 24th September 2014
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Sounds similar to the Justin Wilson thing from a few years ago....did anyone get any return on that one?

I wish them well.

ellroy

7,005 posts

224 months

Wednesday 24th September 2014
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Well for the sake of a couple of quid why not?

I've just put this up on the LM threads and given a couple of quid.

Altrezia

8,517 posts

210 months

Thursday 25th September 2014
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civicduty said:
I would expect more from the £10000 package.
I agree.

The Fan / Driver levels are pretty reasonable though.

mattikake

5,057 posts

198 months

Thursday 25th September 2014
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I'd expect more from all the levels of contribution. They should have a shareholder option as part of this, otherwise it's not much different from a F1 team fan membership. In fact, it's less.

Truckosaurus

11,183 posts

283 months

Thursday 25th September 2014
quotequote all
mattikake said:
...They should have a shareholder option as part of this...
Not much point in being a shareholder (other than a piece of paper to frame and hang on your wall) if the enterprise isn't ever likely to turn a penny in profit.

ellroy

7,005 posts

224 months

Thursday 25th September 2014
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One day in and 25% pledged of the target around £62k!

Edited by ellroy on Thursday 25th September 22:45

Bertrum

466 posts

222 months

Friday 26th September 2014
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I think they have their maths wrong.

£8m to run a car in LMP2.....can't see that being enough. I assume this is all bolstered by sponsors and pay drivers. The initial £250k will cover the marketing budget for the first phase......

With all these things, to the man on the street that looks like alot of money but when you consider it costs the following to run in different series its sod all.

Ginetta Supercup £150k
Touring cars £450k
GP2 £2m

These are all per driver not for a team and are 2 year old numbers. Only the touring car driver can still afford it. The Ginneta driver is still paying it back and he used his own maechanics.

ecsrobin

17,019 posts

164 months

Friday 26th September 2014
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mattikake said:
I'd expect more from all the levels of contribution. They should have a shareholder option as part of this, otherwise it's not much different from a F1 team fan membership. In fact, it's less.
I was expecting factory tours, some merchandise and access to test days at least. And lifetime access. Realistically it will probably only be updated for a few years before content drys up.

GrahamG

1,091 posts

266 months

Sunday 28th September 2014
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Bertrum said:
I think they have their maths wrong.

£8m to run a car in LMP2.....can't see that being enough. I assume this is all bolstered by sponsors and pay drivers. The initial £250k will cover the marketing budget for the first phase......
My understanding is the cost is between £2.5-4 million for a 2 car team of LMP2s for a full season of WEC including Le Mans NOT including the purchase or lease of the (cost capped) cars

Fonz

361 posts

183 months

Sunday 28th September 2014
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53% raised in 3 and a bit days since DB put the Project Brabham up on the internet. I can understand that people are questioning why he is “only” asking for £250,000 to try and do WEC or something else along those lines with 1 or 2 cars. It does seem a tiny amount for a programme like that. I’m curious to see an answer to that one. I’m also surprised just how quickly the money has been raised at the current rate. I am impressed.

Does anyone know how the crowd funding is going for the GT3 Bentley programme?

anonymous-user

53 months

Sunday 28th September 2014
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The £250k they want to raise isnt even to get on the grid, it just gives them the money to build a posh website and to try and attract sponsors to the project.

ols

118 posts

134 months

Wednesday 15th October 2014
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The really annoying thing is that the web portal they are proposing could be built for more like £25-30k tops. Not £250k.



anonymous-user

53 months

Saturday 18th October 2014
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The race team begins at £2m

anonymous-user

53 months

Saturday 18th October 2014
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Thats what it states on their indiego page.

· £2.5m we can source our factory and buy our first car


anonymous-user

53 months

Saturday 18th October 2014
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I see your point that it says they will put together a prospectus in order to impress sponsors. But in my mind it does not say at £250k we will build a team or buy a car.

Like you mentioned to get £2m is very ambitious as very few crowdfunded projects have ever reached that so of course they need to find sponsors but if you go by their wording they need £2.5m before they will have workshops, a car.

Edited by anonymous-user on Saturday 18th October 21:31