Arrive and Drive gotchas...
Discussion
Hi all, now that my championship is over I am thinking of doing some late season arrive and drive races varying from a cheap winter championship in Locost over the winter to some quite exotic machinery in a couple of sprints. Has anyone got sage, bitter and cynical advice for negotiating on arrive and drive contract hire agreements? I am a bit green and don't want to be stiffed for a 10 grand gearbox rebuild or something stupid. Likewise, any good contacts for daily race insurance which I know is a requirement for some of these?
Cant help you on the arrive and drive but if you want insurance you cant go much better than Andy at MMC Broking Group
andy.hancock@mmcbrokinggroup.com - www.mmcbrokinggroup.com
Cheers
Mike
andy.hancock@mmcbrokinggroup.com - www.mmcbrokinggroup.com
Cheers
Mike
I've never owned a race car, but have raced lots in arrive/drive - FPA was simple - break it/pay for it. Formula V similar - Liability for damage caused whilst I was in control (or not!) of the car - Same with endurance races in M3 & Integra - Never had an issue with it - but be clear on your liability before driving.
you need to put a clause in place that states you get pro rata a refund for the number of laps you don't complete due to a mechanical failure not caused by you.
This does a couple of things, it covers your arse against poor prep , I have heard of drivers paying 10k for a weekend's racing only to find that the car breaks down in testing and then does two laps in the race. In that instance it would appear that the preparation team has used the money to pay for a rebuild, which should have occurred before the race. It also concentrates the mind of the prep firm to make sure they prep the car properly.
Other than that, you need to discuss with the team how much things cost, so you know in advance if you break something, this is particularly relevant for accident damage ( having a idea yourself of the cost of repairs would certainly help)
Also ask around about the team, i.e. former drivers or other people in the championship to determine whether they prepare competitive and reliable cars.
In summary you are paying for a service, if the service is poor you can walk and ask for your money back. Any decent/fair team will have a policy in place to cover off damage issues.
i have been hiring a car this year, and we had several gearbox problems during a race weekend, resulting in using up 3 gearbox's. This had a knock on effect of my qualifying badly as the gearbox failed in qually, which then led me to have a small bump in the race, which cooked the engine. The team were gracious enough to concede that if we hadn't had the problems we wouldn't have had the bump, so I did not have to pay for the engine, but did pay for the accident damage. It's that kind of scenario you need to run by any prospective team.
This does a couple of things, it covers your arse against poor prep , I have heard of drivers paying 10k for a weekend's racing only to find that the car breaks down in testing and then does two laps in the race. In that instance it would appear that the preparation team has used the money to pay for a rebuild, which should have occurred before the race. It also concentrates the mind of the prep firm to make sure they prep the car properly.
Other than that, you need to discuss with the team how much things cost, so you know in advance if you break something, this is particularly relevant for accident damage ( having a idea yourself of the cost of repairs would certainly help)
Also ask around about the team, i.e. former drivers or other people in the championship to determine whether they prepare competitive and reliable cars.
In summary you are paying for a service, if the service is poor you can walk and ask for your money back. Any decent/fair team will have a policy in place to cover off damage issues.
i have been hiring a car this year, and we had several gearbox problems during a race weekend, resulting in using up 3 gearbox's. This had a knock on effect of my qualifying badly as the gearbox failed in qually, which then led me to have a small bump in the race, which cooked the engine. The team were gracious enough to concede that if we hadn't had the problems we wouldn't have had the bump, so I did not have to pay for the engine, but did pay for the accident damage. It's that kind of scenario you need to run by any prospective team.
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