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Starting a Racing business

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Old 05-09-2005, 09:46 AM
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Default Starting a Racing business

Okay, we had a thread on how to get into racing, but what about starting a racing business? Mainly for Club racing and for arrive-and-drive programs, race car rentals for Club races, HPDEs, etc, along with providing repair & prep services, etc.

Need info on how to find sponsorship and running the business while having sufficent capital to pay employees and being able to make a livable income for myself. I'm talking about motorsports as a business, one where people can make a decent living (while not expecting to get rich), but not as a hobby.

Thanks,
Warren
Old 05-09-2005, 09:48 AM
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This beings to mind that classic line:

"Q: How do you make $1 million in racing?

A: Start with $5 million."
Old 05-09-2005, 09:51 AM
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Sounds like the wine business
Old 05-09-2005, 10:20 AM
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Originally Posted by Nickfromny,May 9 2005, 10:51 AM
Sounds like the wine business
In wine, I believe the quote goes:

"How do you make a small fortune with a winery? ... Start with a large fortune."
Old 05-09-2005, 10:42 AM
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Originally Posted by mikegarrison,May 9 2005, 10:20 AM
In wine, I believe the quote goes:

"How do you make a small fortune with a winery? ... Start with a large fortune."
In racing,

"How do you make a small fortune racing? Start with a larger fortune."
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