Motorsport related business
Motorsport related business
Author
Discussion

pmvblack

Original Poster:

18 posts

171 months

Wednesday 3rd December 2014
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Last time, I asked what could I do with 60k, in order to become a racing driver. Not much, I know. Someone suggested (what is obvious really!) to start a company instead with the money.

I've been thinking about it, and I have a new challenge for you, now:
With 60k, what motor sport related business would you start? It can be anything motor sport related, including things related with simulation, karting, etc.

Anyone?

Pie with sauce

83 posts

130 months

Wednesday 3rd December 2014
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What is your expertise and experience? That should guide you.

anonymous-user

71 months

Thursday 4th December 2014
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Give Finbarr O'Connell a call, you might just have enough cash........... wink

jurbie

2,409 posts

218 months

Thursday 4th December 2014
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PR and driver management that way you'll get to schmooz in the hospitality areas closing new deals with your clients sponsors. I can do all your photography if you like.

pmvblack

Original Poster:

18 posts

171 months

Thursday 4th December 2014
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Hummm, I can get a bank loan up to 300k maybe. Is it enough to buy Caterham? smile I want to build a caterham SUV, and a 4 door saloon.

andburg

8,210 posts

186 months

Thursday 4th December 2014
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should cover it

badge engineer a dacia

pmvblack

Original Poster:

18 posts

171 months

Saturday 6th December 2014
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I've been thinking about the driving experience market. What sort of event would you like to see created? Something in race cars. There are a lot of options for supercar experiences already.

Jerry Can

4,911 posts

240 months

Sunday 7th December 2014
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pmvblack said:
I've been thinking about the driving experience market. What sort of event would you like to see created? Something in race cars. There are a lot of options for supercar experiences already.
hahaha! not for 60 grand is that a possibility, track hire would be 20k min. Most TDO's have their own high performance race hire option so I doubt they'd let you on.

You might be able to do something with rally cars, if you can find a venue, but there are a lot of established operators out there, and the cars get wrecked.

for 60k, either invest in an existing race prep team, and take your dividend out in race prep for your own car, there might be a benefit in cost of services provided versus a purely financial return, or start a motorsport parts company, maybe specialise in importing/supplying helmets or competition clutches or something.

pmvblack

Original Poster:

18 posts

171 months

Sunday 7th December 2014
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Jerry Can said:
pmvblack said:
I've been thinking about the driving experience market. What sort of event would you like to see created? Something in race cars. There are a lot of options for supercar experiences already.
hahaha! not for 60 grand is that a possibility, track hire would be 20k min. Most TDO's have their own high performance race hire option so I doubt they'd let you on.

You might be able to do something with rally cars, if you can find a venue, but there are a lot of established operators out there, and the cars get wrecked.

for 60k, either invest in an existing race prep team, and take your dividend out in race prep for your own car, there might be a benefit in cost of services provided versus a purely financial return, or start a motorsport parts company, maybe specialise in importing/supplying helmets or competition clutches or something.
20k track hire??? I was not thinking about Silverstone...

pmvblack

Original Poster:

18 posts

171 months

Sunday 7th December 2014
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And I know that the drive a Supercar thing is nothing new. I was thinking about something like drifting or stunt driving...

anonymous-user

71 months

Sunday 7th December 2014
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pmvblack said:
And I know that the drive a Supercar thing is nothing new. I was thinking about something like drifting or stunt driving...
Tell us more..........