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> Business plan for Lapping days
TrakCar
post May 29 2008, 03:18 PM
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From: Louisville, Ky
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Hey guys.

Since this month I've turned 36 and hit middle age, the one thing I have always wanted to do more and haven't been able to is run multiple track days per year, run Nasa TT events, and possibly get my instructors certificate. Over the course of discussions with my wife we both kept coming back to "understanding the costs". So I was trying to put together a "business plan" (for lack of a better term) that would capture the costs of multiple lapping days in my 1991 Z28 camaro. I've done 10-15 track events over the last 8 years but never have been able to do more than 1-2 in a calender year.

Here is what I have so far:
  • Event Cost $250 per day (approx)
  • Tires $600 set (how many events can I expect? My Nitto 555R2's have 3 track days on them and could maybe do 1 more)
  • Brake pads $ 125 Front/ $95 rear (I've had my Hawk HP+ pads for 4-5 years (4-5 events +limited street use)
  • Rotors $122 set front/ $196 set rear (C5 front/ stock 91 Z28 rear)
  • Brake fluid $20 Liter 2 per year? (flush/ fill after every event)
  • Gas for event ~8 Gal/ session @$4.00 (5 sessions per day) = $160.00
  • Travel (Gas etc) Based on distance
  • Food $25 per day
  • Hotel if needed $100/ night (hope to do 1 day events close to home)
I'm trying to boil these costs down to a $ per track Day type of number.
I know most people don't want to know how much the addiction costs, but I need ammo to convince my wife it fits in the budget.

Thanks
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TrakCar
post Jun 2 2008, 05:54 PM
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Thanks for all the replies guys. I realize like any other hobby it isn't cost justified, but I don't do it for the fiancial benefit. Putting all the previous costs in a spreadsheet gets me (for 4 events in a year) at a cost of around $3,000 for the year ($750-800 per event) if I drive to the track instead of towing. I figure the 4 closest tracks are (or will be when they are complete) within 3 hrs of the house. www.drivebluegrass.com will be less than 40 min and it will be done next spring.

For some of the other comments:

Bock: Why is my tires costs low? Expecting too many events out of a set or cost per set? I payed right about $600 shiped for the last set, but I guess I should add mount + balancing + rotation (side to side) pretty often. Maybe another $200 for a set? And as far as the "toolbox fund" how do you think I paid for the LS1 swap! (btw, I was tracking that until my flash card crapped out and gave up after that ~$8-9000 for the swap to date.)

Marty: thanks for the suggestions. I agree about most of them but I won't skimp on the C5 brakes since we all know how weak the original 3d gen brakes were. Heck even the 1LE is weak compared to the C5/ LS1 Fbody setup. Besides, it was the "reason" I had to go to 17" (and now 18") street rims. (IMG:http://www.frrax.com/rrforum/style_emoticons/default/smile.gif)

I became middle aged at 36 for the sole purpose of extra leverage in the "Honey, I need to start my bucket list" discussion.

I got her to ride for 3 laps at Roebling road back around 2003 and she was screaming for me to pit before I had even warmed up the tires (not sure if that reflects badly on me or what). She is great and puts up with alot, but gets easily carsick so I doubt she'll ever get addicted.

I used street tires up until NFME '03 when CCBock let me "borrow" his Victoracers (damn enabler!) and I just love the extra grip. + the way I drive I can rip through a set of street tires almost as fast as the Nitto's.
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DavidDymaxion
post Jun 2 2008, 07:22 PM
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I have found the best trick is to look my wife in the eye and say "I really really enjoy doing this."

I have only been twice, but for per day costs here goes:

$100 tear tires (estimated)
$70 front pads (my front pads only make it 1 track day)
$20 rear pads (I can probably get 2 or 3 days out of them)
$42 front disks (they get scored up, and are so cheap I just replace them)
$120 brake fluid (Have to flush before and after, am hoping for more longevity with Castrol)
$100 gas
$195 track fee
$270 hubs (unfortunately it looks like I have joined the "hub a day" club)
$10 lunch
$priceless enjoyement

$800 approximate total


My local track, http://www.millermotorsportspark.com is hard on brakes, there is a good straight before almost every turn. Also, my LT1 brakes are undersized, bigger brakes would probably do better. FWIW, my brakes last forever in street and autocross use. I'm going to improve my brake ducts (they helped alot) and see if I can get further benefit. If Castrol SRF can survive a track day then I might be money ahead. I'm also hoping Timken hubs are tougher than the generics I had last time.

This post has been edited by DavidDymaxion: Jun 2 2008, 09:20 PM
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Posts in this topic
TrakCar   Business plan for Lapping days   May 29 2008, 03:18 PM
mitchntx   QUOTE (TrakCar @ May 29 2008, 10:18 AM) I...   May 29 2008, 03:52 PM
rmackintosh   QUOTE (mitchntx @ May 29 2008, 10:52 AM) ...   May 29 2008, 03:58 PM
JaredT   IMO justifying a hobby just makes it more discoura...   May 29 2008, 04:21 PM
TrakCar   QUOTE (JaredT @ May 29 2008, 10:21 AM) IM...   May 29 2008, 04:33 PM
CMC #37   QUOTE (TrakCar @ May 29 2008, 11:33 AM) Q...   May 29 2008, 04:50 PM
cccbock   QUOTE (TrakCar @ May 29 2008, 12:33 PM) Q...   May 29 2008, 05:56 PM
trackbird   Run street tires, they last longer. My ($298 ...   May 29 2008, 06:21 PM
Marty   I did 15 event days last year in a 2001 SS. Here ...   Jun 2 2008, 02:46 AM
JKnight   Since we've moved beyond budget to tactics to ...   Jun 2 2008, 03:00 AM
CMC #37   QUOTE (JKnight @ Jun 1 2008, 10:00 PM) Si...   Jun 2 2008, 04:23 AM
nape   I quit keeping track after a HD crashed and I lost...   Jun 2 2008, 04:01 AM
Rob Hood   I'm still wondering how he hit middle age at o...   Jun 2 2008, 06:19 AM
firehawkclone   Yep, get the wife to go   Jun 2 2008, 06:22 AM
Blainefab   Once you start instructing, the club typically com...   Jun 2 2008, 07:52 AM
mitchntx   QUOTE (Blainefab @ Jun 2 2008, 02:52 AM) ...   Jun 2 2008, 05:46 PM
Teutonic Speedracer   My estimates always came in at about $600/day...   Jun 2 2008, 03:59 PM
00 Trans Ram   I just can't bring myself to figure out the co...   Jun 2 2008, 04:44 PM
TrakCar   Thanks for all the replies guys. I realize like an...   Jun 2 2008, 05:54 PM
DavidDymaxion   I have found the best trick is to look my wife in ...   Jun 2 2008, 07:22 PM
cccbock   QUOTE (TrakCar @ Jun 2 2008, 01:54 PM) Bo...   Jun 2 2008, 07:57 PM
00 Trans Ram   "Well there's your problem!" If...   Jun 2 2008, 08:32 PM
mitchntx   Toyo RA1s suck ... but they suck for a long time. ...   Jun 2 2008, 08:33 PM
StanIROCZ   You might want to consider getting some budget fri...   Jun 2 2008, 08:47 PM
TrakCar   QUOTE (StanIROCZ @ Jun 2 2008, 02:47 PM) ...   Jun 10 2008, 02:28 PM
StanIROCZ   QUOTE (TrakCar @ Jun 10 2008, 10:28 AM) s...   Jun 10 2008, 03:04 PM

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