double drive speed events - your advice / expirience
Discussion
Hi,
As some of you will know, I am a reasonably experienced competitor in speed events and am thinking about changing car.
One option is to double drive, primarily with the aim of halving purchase, preparation and repair costs. Also having a friend (in this case an engineer) to help with said repairs. Also, guarantees I'll always have a competitor, even in poorly supported class or noncompetitive car (through I will try to avoid these!)
Car would be something relatively simple and easy /cheap to repair. Probably British classic or 7 type kit at a fairly low level of development.
I have some understanding of yachts being bought in consortium and have seen it work very well but also cause issues, though its never been terrible and people have been able to use boats that they would never have been able to have on their own.
My leaning, if we do go down the route is to do everything exactly 50/50. Jointly purchase car (I've already been clear that I can't share my current car, because its mine and only I should be allowed to break it. Maybe that's illogical but that is the way it is!)
So we'd pay 50% each to buy, modify and repair. If it broke when the other is driving, we still pay 50% (even if we suspect he over revved or missed a gear). If he drive it into a tree we pay 50%. If I drive it into a tree he pays 50%. Some kind of contract drawn up and agreed.
It won't be massively valuable - maybe £4-5k. I'd be more worried about losing one of my oldest friends in a dispute than £2k,
We have similar levels of disposable cash, so there won't be the situation of one wanting to go further than the other one wants to. We are both reasonable.
But I can still see potential problems. What are your experiences?
As some of you will know, I am a reasonably experienced competitor in speed events and am thinking about changing car.
One option is to double drive, primarily with the aim of halving purchase, preparation and repair costs. Also having a friend (in this case an engineer) to help with said repairs. Also, guarantees I'll always have a competitor, even in poorly supported class or noncompetitive car (through I will try to avoid these!)
Car would be something relatively simple and easy /cheap to repair. Probably British classic or 7 type kit at a fairly low level of development.
I have some understanding of yachts being bought in consortium and have seen it work very well but also cause issues, though its never been terrible and people have been able to use boats that they would never have been able to have on their own.
My leaning, if we do go down the route is to do everything exactly 50/50. Jointly purchase car (I've already been clear that I can't share my current car, because its mine and only I should be allowed to break it. Maybe that's illogical but that is the way it is!)
So we'd pay 50% each to buy, modify and repair. If it broke when the other is driving, we still pay 50% (even if we suspect he over revved or missed a gear). If he drive it into a tree we pay 50%. If I drive it into a tree he pays 50%. Some kind of contract drawn up and agreed.
It won't be massively valuable - maybe £4-5k. I'd be more worried about losing one of my oldest friends in a dispute than £2k,
We have similar levels of disposable cash, so there won't be the situation of one wanting to go further than the other one wants to. We are both reasonable.
But I can still see potential problems. What are your experiences?
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