Organising a track day..advice needed please |
Post Reply |
Author | |
Nigel
Moderator Group Joined: 09-November-2002 Status: Offline Points: 6941 |
Post Options
Thanks(0)
Posted: 24-June-2007 at 11:12 |
One of the guys from my local IAM group is talking about organising a track day, I've been to a few (normally doing IAM promotion) but I've never had anything to do with the organisation. What is involved ? What are the likely costs ? Compared to a BMW track day, this one, if it goes ahead, is going to be a bit strange, as very few of my local group are below 40 years of age, and very few drive any kind of performance car.
|
|
Best Wishes
Nigel |
|
Sponsored Links | |
kbannon
Admin Group E39 525i Sport Individual Joined: 09-October-2002 Location: 64 Zoo Lane Status: Offline Points: 15508 |
Post Options
Thanks(0)
|
Costs: track hire & third party insurance.
Do you know how many will be going? Charge on a break even basis. |
|
Current: 2009 E60 520d "Sport" tractor
Previous: 1989 E30 320i SE 1997 E39 523i 2003 E39 525i Sport Individual |
|
gjoconnor92
Really Senior Member II The eyes have it Joined: 21-July-2003 Location: Kildare and Limerick, Ireland Status: Offline Points: 735 |
Post Options
Thanks(0)
|
Make sure all payments are in advance. People promising to show and pay on the day, does not always happen, so if you are basing breakeven on these people be prepared to dig into your own pocket. Full payment is best, deposits are an administative nightmare. Base your price on the minimum you expect and cancel if you don't have minimum. If you have more than breakeven, split a refund between attendees, have a raffle (prize could be discount off next event) give to charity etc. Also the track wants your money as much as you want to use their track so haggle. Be careful with insurance and what track provides. I have never encountered a problem, but sure you understand what is and what is not covered in the insurance covering the event
|
|
Gerard O'Connor
1989 E30 320i for track day use 1972 2002 competition car project (delayed!!) Sheane Formula Vee My e-mail |
|
Post Reply | |
|
Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |