49 replies to this topic

[Bench Racer]

There fixed for you!

 

It's great to see Mike Collins entered.       David L approves of this message!

There's this thing about, not poking a sleeping bear.

[Danica Davison]

I wish it was easier to add a photo and/or copy excel into here. But anyways. At 800 drivers currently, I have calculated estimated Revenues as such:

 

• Entry Fee Total = $1,212,850
  • Race = $900,000
  • Thurs Test = $49,225
  • Fri Test = $74,900
  • Sat Test = $88,000
  • Sun Test = $100,725
• Garages Total = $97,800
  • Gasoline Alley = $54,600
  • Grand Prix = $43,200
• Parking Total = $58,600 (Avg at $100/driver, Less drivers in Garages and estimated Gravel Parking of 100 drivers)

 

Grand Total = $1,369,250

 

This will obviously go up as it has only been one day of registration, so the entry count will rise.  Also there will most likely be an increase in number of test day participants when the open up multiple days for each driver and as drivers finalize their travel plans

[tLinder]

I wish it was easier to add a photo and/or copy excel into here. But anyways. At 800 drivers currently, I have calculated estimated Revenues as such:

 

• Entry Fee Total = $1,212,850
  • Race = $900,000
  • Thurs Test = $49,225
  • Fri Test = $74,900
  • Sat Test = $88,000
  • Sun Test = $100,725
• Garages Total = $97,800
  • Gasoline Alley = $54,600
  • Grand Prix = $43,200
• Parking Total = $58,600 (Avg at $100/driver, Less drivers in Garages and estimated Gravel Parking of 100 drivers)

 

Grand Total = $1,369,250

 

This will obviously go up as it has only been one day of registration, so the entry count will rise.  Also there will most likely be an increase in number of test day participants when the open up multiple days for each driver and as drivers finalize their travel plans

Indy has to make-up for lost revenue from the Brickyard 400 somehow...

[Danica Davison]

Indy has to make-up for lost revenue from the Brickyard 400 somehow...

 

Yeah, well this is what SCCA is pulling in.  I heard a rumor that the cost for SCCA just to rent the facility was around $400-500k for the event.  That figure is not including emergency services, wrecker services, additional Indy workers needed, insurance, and all the other costs associated.  If I had to guess, I am sure Indianapolis Motor Speedway will probably be pulling in around $600k in revenue for the event. 

[Todd Lamb]

I heard John Davison is making $75k just from his appearance fee alone. Then factor in his first place prize money and I don't see how Runoffs will turn a profit.

[Danica Davison]

I heard John Davison is making $75k just from his appearance fee alone. Then factor in his first place prize money and I don't see how Runoffs will turn a profit.

 

Hahaha! Oh come on man, don't undersell me!  My appearance fee is in the six figures. 

 

Also, don't forget the $5,000 from Drago I am going to win

[Bench Racer]

Hahaha! Oh come on man, don't undersell me!  My appearance fee is in the six figures. 

 

Also, don't forget the $5,000 from Drago I am going to win

No laughing Dude, minus $5,000.00 still equals $70,000.00 and that is seven figures.

[Danica Davison]

No laughing Dude, minus $5,000.00 still equals $70,000.00 and that is seven figures.

 

Your name is Dewey and you don't even know your decimals?!?  You should use your Dewey Decimal system at your local library and go find a book that will show you that decimals don't count towards your "figures"

[LarryKing]

Hey, ten cents is ten cents.

[FTodaro]

Yeah, well this is what SCCA is pulling in.  I heard a rumor that the cost for SCCA just to rent the facility was around $400-500k for the event.  That figure is not including emergency services, wrecker services, additional Indy workers needed, insurance, and all the other costs associated.  If I had to guess, I am sure Indianapolis Motor Speedway will probably be pulling in around $600k in revenue for the event. 

When we looked into renting the track, for a PCA club race I believe the number was in the area of 450, but sure what was included and for not as many days as the Runoffs.

[Johnny D]

92 so far

https://www.motorspo...9E92F30057DFD76

 

95 for Spec Racer Ford 3

 

J~

[Bench Racer]

Hey, ten cents is ten cents.

And 99 cents is 89 cents more than 10 cents. Denny, keep in mind, there's high rollers and the remainder of us.

 

Next thing John will be critical of, grammar and then my ship will sink. 

[Danica Davison]

More fun with the entry list analysis now that it is up to 91:
 
Generations:
1.6 NA..........3
1.8 NA..........3
1999-2000....59
2001-2005....22
Not Listed.....4
 
States of Drivers:
TX……….13
FL……….12
OH……….9
MI……….9
NY……….6
PA……….5
IL……….5
NC……….4
WI……….3
KY……….3
IN……….3
SC……….2
GA……….2
AZ……….2
CA……….2
MO……….2
MN……….2
CT……….1
VA……….1
UT……….1
NJ……….1
MD……….1
TN……….1
MA……….1
 
Majors Conference (Best guess for the states in the middle of two conferences)

Northern………..34
Northeast……….20
Southeast………17
Southern……….13
West………........4
Mid-States……...3

 

 

I know I can add at least two from the southeast that haven't registered yet (Gibbons and Charbonneau)

[RacerJason99]

Only four registered from the west   That pretty much sums up that people do not want to travel and our membership is predominately on the right side of the country. It will be interesting to see how many head west next year.  I suspect it will only be 4-5 as well  

 

2016 two traveled from the west to Mid Ohio 

2015 only one from the west traveled to Daytona

2014 there were 8 of us Easterners that headed west

 

It appears very few if any are willing to take on the expense of cross country travel in addition to the already expensive race weekend costs and giving up 10-12 days plus travel in order to participate in these events.

 

 If people don't travel to go to Laguna, Daytona and Indy..  They aren't travelling period.   I would like to do Sonoma, but it just makes even less sense than most Runoffs which are already a crazy cash dump. 

 

I don't think looking at those numbers tells the story... The west has been beaten into Runoffs submission over 40 years of 4000 mile tows to eastern tracks, so it should be no big surprise that a lot of people don't make the trek. If you instead look at the percentage of people from the west in all classes that make the trip I think you will see SM is in the normal range - SM is not a big group in SPDiv. And for those that are within a days tow of the eastern based Runoffs its real easy to skip out when they have to make a big tow to the west. I don't know how anyone would be surprised by this?

[Danica Davison]

And 99 cents is 89 cents more than 10 cents. Denny, keep in mind, there's high rollers and the remainder of us.
 
Next thing John will be critical of, grammar and then my ship will sink.

 

You don't have to worry about that. Grammar Nazi's are the worst

[wheel]

Nazi's should be Nazis.  It is not possessive.

[DrDomm]

Your NY numbers must include 2 from WA. 

 

States of Drivers:
TX……….13
FL……….12
OH……….9
MI……….9
NY……….6
PA……….5
IL……….5
NC……….4
WI……….3
KY……….3
IN……….3
SC……….2
GA……….2
AZ……….2
CA……….2
MO……….2
MN……….2
CT……….1
VA……….1
UT……….1
NJ……….1
MD……….1
TN……….1
MA……….1
 

[davew]

Yeah, well this is what SCCA is pulling in.  I heard a rumor that the cost for SCCA just to rent the facility was around $400-500k for the event.  That figure is not including emergency services, wrecker services, additional Indy workers needed, insurance, and all the other costs associated.  If I had to guess, I am sure Indianapolis Motor Speedway will probably be pulling in around $600k in revenue for the event. 

 

If a PCA weekend is 450 as per Mayor Frank, the math is 125+ per day. For 11 days of testing and racing that works out to 1.375m. SCCA is putting on the test days, not the track. Which is close to the number I heard SCCA had agreed to. Which at $1125 per car works out to 1350 cars. Which takes into account no test day or parking fees. My guess would look like

 

Entry        1125 x 900 = $1m and change

If all test days sell out every group  $687k

Parking fees, just a wild guess total $100k

 

Total SCCA intake should be under $2 million even if we add a significant positive fudge factor.

 

Add in insurance, employee salaries, travel expenses for employees, trophies, parties, worker give aways, and I would bet the event is close to a break even plus or minus.

 

Pretty big gamble if you ask me

 

dave

[Johnny D]

What do think this number is ??

 

http://www.indianapo...uy-tickets/scca

 

J~

[davew]

What do think this number is ??

 

http://www.indianapo...uy-tickets/scca

 

J~

 

Not much