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Re: whats the going rate..
Posted by 'raceinstructor' on 12 Nov 2008 @ 08:25


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raceinstructor
Joined: August 2007
Total Posts: 2
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I think you missed the point that Big P was making.
The £1200 included a competitive kart & engine package, tyres, entry fuel, transport to and from circuit of all equipment (except driver & race ware) plus a mechanic. Damage to be paid for at retail cost of parts.
If you are under the impression that a once a month meeting at that price will pay a salary I think you will struggle to eat! Do the maths, based on a Snr Max. Kart £5K end of year value £2K = cost £3K. Running cost of van to 10 meetings Minimum £1K, Mechanic @ £150 per day = £1.5K, Tyres £1.2K, Entry fees £500 Race fuel & lubricants, chain lube, brake cleaner ect. £300.
We already have spent over £8K of leaving only £4k for the depreciation on van & awning that's assuming that you already have the van & awning to start with so not much of a salary is it.
The £1200 sounds expensive but for a competitive arrive n drive package it is probably about right, having said that you should be looking at about £150 - £200 for a mechanic and awning space for a meeting which is a far more profitable way to go than supplying everything with less risk as anyone spending £1200 for a package will expect, and rightly so, top equipment in top condition and it is going to be your fault if they don't win even if they are rich & crap!!

Message Thread:

whats the going rate..  by 'NJB'   (11 Nov 2008 @ 13:42)
Re: whats the going rate..  by 'bigp'   (11 Nov 2008 @ 13:57)
Re: whats the going rate..  by 'Smith43'   (11 Nov 2008 @ 14:26)
Re: whats the going rate..  by 'bigp'   (11 Nov 2008 @ 14:30)
Re: whats the going rate..  by 'WayneTheChunk'   (11 Nov 2008 @ 14:31)
Re: whats the going rate..  by 'michaelg36'   (11 Nov 2008 @ 19:43)
Re: whats the going rate..  by 'raceinstructor'  << You are here!
Re: whats the going rate..  by 'bigp'   (12 Nov 2008 @ 9:24)
Re: whats the going rate..  by 'SimonS'   (12 Nov 2008 @ 11:54)

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