How much do you spend on this DE/racing hobby ?
#1
How much do you spend on this DE/racing hobby ?
There is a lot of guarded talks of how crazy expensive this hobby can get.
I am just wondering how it scales up from the entry level DE category.
I know this is tricky to quantify, since there are many variables, and irregular (black swan) expenses.
How often you go racing, what sort of car you have, how often you crash or money shift, engine rebuild every X years, etc.
I know the hobby starts out at quite a reasonable and affordable level
Here is a hypothetical entry level casual street car DE guy:
Local DE = $300. Gas, tolls, food = $50. Three events a year = $1000
Street tires every 3 years. Pro-rated to $250/season
Street brake pads every 3 years. Pro-rated to $50/season
Bleed brakes = $20/season.
One paid Tech Form for $100/season
This all comes out to $1500 a year.
The example above is at the lowest level hypothetical.
I'm curious about some scenarios at the various levels above this.
Anyone willing to share what sort of costs they incur?
I am just wondering how it scales up from the entry level DE category.
I know this is tricky to quantify, since there are many variables, and irregular (black swan) expenses.
How often you go racing, what sort of car you have, how often you crash or money shift, engine rebuild every X years, etc.
I know the hobby starts out at quite a reasonable and affordable level
Here is a hypothetical entry level casual street car DE guy:
Local DE = $300. Gas, tolls, food = $50. Three events a year = $1000
Street tires every 3 years. Pro-rated to $250/season
Street brake pads every 3 years. Pro-rated to $50/season
Bleed brakes = $20/season.
One paid Tech Form for $100/season
This all comes out to $1500 a year.
The example above is at the lowest level hypothetical.
I'm curious about some scenarios at the various levels above this.
Anyone willing to share what sort of costs they incur?
Last edited by sugarwood; 05-15-2018 at 07:56 PM.
#2
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People spend what they can afford. For as long as they enjoy it. So many components to this equation.
People spend what they can afford. For as long as they enjoy it. So many components to this equation.
#3
Race Car
Probably close to 100k
Just tires are what 40k ?
2x gtb1 cars,
We travel from montreal, canada all over the us
7-8 races each
Motorhome 350k , budget 2-3k of fuel for a long drive(sebring, vir, road america)
Food: 300$ per we
Race fuel 2-3k per we
Track support: 1500$-2000$
My old days of DE were so cheap
And id like as a personal goal one day to race at semi pro level $$$$ ?
Just tires are what 40k ?
2x gtb1 cars,
We travel from montreal, canada all over the us
7-8 races each
Motorhome 350k , budget 2-3k of fuel for a long drive(sebring, vir, road america)
Food: 300$ per we
Race fuel 2-3k per we
Track support: 1500$-2000$
My old days of DE were so cheap
And id like as a personal goal one day to race at semi pro level $$$$ ?
#4
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First rule of DE/Racing club...don’t talk about DE/Racing costs...
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704-395-2975
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#6
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Mods....can we close this thread?
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#8
#9
#10
Try a search also, I recall a very similar thread recently. Either here or possibly in the 991 GT3 section. Just my observation, as one advances tires become a dominant component. With a modern Porsche GT it's not hard to spend over $1k per day. Of course it's also possible to spend much less with a lighter, less powerful car.
#11
Rennlist Member
I had a similar question and posted I was negotiating with my wife for a return to DEs after a crash. I got a lot of great responses. The best was if your wife finds out how much this costs she will undertake retaliatory spending. I laughed so hard - it is very true, and my wife is not a huge spender at all (I am lucky).
A DE weekend is ~$1000 for me. The insurance is about the same as the DE entry fee costs (my home track is VIR). I have semi-negotiated a $5k/year budget, thinking that I will do 3 a year and buy some miscellaneous things. I managed to get my headers ceramic coated without her knowing, but it is on my budget list. So, when I get "audited" all the expenses will be there. Better to ask forgiveness than permission.
I don't think the Cup 2s will go 3 seasons, but the brake pads might and rotors surely will. I have some Tarret brake caliper studs and went to put those in and change pads before a DE in March, but I started looking at the pads and they were not even close to being 50% worn - maybe they had 80% left. So, I just bled them and put the tires back on. Yeah! I will bleed them and change most of the fluid before each event - so maybe $60 instead of $20/year. I'll also do the oil before or after each event - so add another $100/season for me.
An expensive hobby...
A DE weekend is ~$1000 for me. The insurance is about the same as the DE entry fee costs (my home track is VIR). I have semi-negotiated a $5k/year budget, thinking that I will do 3 a year and buy some miscellaneous things. I managed to get my headers ceramic coated without her knowing, but it is on my budget list. So, when I get "audited" all the expenses will be there. Better to ask forgiveness than permission.
I don't think the Cup 2s will go 3 seasons, but the brake pads might and rotors surely will. I have some Tarret brake caliper studs and went to put those in and change pads before a DE in March, but I started looking at the pads and they were not even close to being 50% worn - maybe they had 80% left. So, I just bled them and put the tires back on. Yeah! I will bleed them and change most of the fluid before each event - so maybe $60 instead of $20/year. I'll also do the oil before or after each event - so add another $100/season for me.
An expensive hobby...
#13
Registered User
Before too many folks get scared away from DE... as a newbie 5k a year for 5-6 events is totally doable...
hpde $150-300
gas $50
transportation? Hey, I was going to drive someplace anyway.., 0$
Insurance? Uh. Maybe I just drive slower.
hotel? Nope. Drive there and back. Live within 2 hours of RA, Milwaukee mile, and Blackhawk.
tires? Well, the car needs those anyway. Last a couple years...$800 tirerack
brake pads? Yeah. 600$ a season...
thats $3000 on a frugal budget...
now, that doesn't include repairs ( 930 lost the ability to shift last year...its in pieces)
doesnt include buying toys, like trailers or a back up car...
because, you would have spent that money anyway... right?
so with my semitwisted logic, this is really affordable...
and as a hint, if you tell your wife hpde and auto cross allow you time to bond with your kids... then it's painless...
some further food food for thought. Loved driving the 930 on the track. Now have a way cheesier BMW z3. Car is much less capable, but equally fun...
hpde $150-300
gas $50
transportation? Hey, I was going to drive someplace anyway.., 0$
Insurance? Uh. Maybe I just drive slower.
hotel? Nope. Drive there and back. Live within 2 hours of RA, Milwaukee mile, and Blackhawk.
tires? Well, the car needs those anyway. Last a couple years...$800 tirerack
brake pads? Yeah. 600$ a season...
thats $3000 on a frugal budget...
now, that doesn't include repairs ( 930 lost the ability to shift last year...its in pieces)
doesnt include buying toys, like trailers or a back up car...
because, you would have spent that money anyway... right?
so with my semitwisted logic, this is really affordable...
and as a hint, if you tell your wife hpde and auto cross allow you time to bond with your kids... then it's painless...
some further food food for thought. Loved driving the 930 on the track. Now have a way cheesier BMW z3. Car is much less capable, but equally fun...
#14
Rennlist Member
I had a similar question and posted I was negotiating with my wife for a return to DEs after a crash. I got a lot of great responses. The best was if your wife finds out how much this costs she will undertake retaliatory spending. I laughed so hard - it is very true, and my wife is not a huge spender at all (I am lucky).
A DE weekend is ~$1000 for me. The insurance is about the same as the DE entry fee costs (my home track is VIR). I have semi-negotiated a $5k/year budget, thinking that I will do 3 a year and buy some miscellaneous things. I managed to get my headers ceramic coated without her knowing, but it is on my budget list. So, when I get "audited" all the expenses will be there. Better to ask forgiveness than permission.
I don't think the Cup 2s will go 3 seasons, but the brake pads might and rotors surely will. I have some Tarret brake caliper studs and went to put those in and change pads before a DE in March, but I started looking at the pads and they were not even close to being 50% worn - maybe they had 80% left. So, I just bled them and put the tires back on. Yeah! I will bleed them and change most of the fluid before each event - so maybe $60 instead of $20/year. I'll also do the oil before or after each event - so add another $100/season for me.
An expensive hobby...
A DE weekend is ~$1000 for me. The insurance is about the same as the DE entry fee costs (my home track is VIR). I have semi-negotiated a $5k/year budget, thinking that I will do 3 a year and buy some miscellaneous things. I managed to get my headers ceramic coated without her knowing, but it is on my budget list. So, when I get "audited" all the expenses will be there. Better to ask forgiveness than permission.
I don't think the Cup 2s will go 3 seasons, but the brake pads might and rotors surely will. I have some Tarret brake caliper studs and went to put those in and change pads before a DE in March, but I started looking at the pads and they were not even close to being 50% worn - maybe they had 80% left. So, I just bled them and put the tires back on. Yeah! I will bleed them and change most of the fluid before each event - so maybe $60 instead of $20/year. I'll also do the oil before or after each event - so add another $100/season for me.
An expensive hobby...
#15
WRONGLY ACCUSED!
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I had a similar question and posted I was negotiating with my wife for a return to DEs after a crash. I got a lot of great responses. The best was if your wife finds out how much this costs she will undertake retaliatory spending. I laughed so hard - it is very true, and my wife is not a huge spender at all (I am lucky).
A DE weekend is ~$1000 for me. The insurance is about the same as the DE entry fee costs (my home track is VIR). I have semi-negotiated a $5k/year budget, thinking that I will do 3 a year and buy some miscellaneous things. I managed to get my headers ceramic coated without her knowing, but it is on my budget list. So, when I get "audited" all the expenses will be there. Better to ask forgiveness than permission.
I don't think the Cup 2s will go 3 seasons, but the brake pads might and rotors surely will. I have some Tarret brake caliper studs and went to put those in and change pads before a DE in March, but I started looking at the pads and they were not even close to being 50% worn - maybe they had 80% left. So, I just bled them and put the tires back on. Yeah! I will bleed them and change most of the fluid before each event - so maybe $60 instead of $20/year. I'll also do the oil before or after each event - so add another $100/season for me.
An expensive hobby...
A DE weekend is ~$1000 for me. The insurance is about the same as the DE entry fee costs (my home track is VIR). I have semi-negotiated a $5k/year budget, thinking that I will do 3 a year and buy some miscellaneous things. I managed to get my headers ceramic coated without her knowing, but it is on my budget list. So, when I get "audited" all the expenses will be there. Better to ask forgiveness than permission.
I don't think the Cup 2s will go 3 seasons, but the brake pads might and rotors surely will. I have some Tarret brake caliper studs and went to put those in and change pads before a DE in March, but I started looking at the pads and they were not even close to being 50% worn - maybe they had 80% left. So, I just bled them and put the tires back on. Yeah! I will bleed them and change most of the fluid before each event - so maybe $60 instead of $20/year. I'll also do the oil before or after each event - so add another $100/season for me.
An expensive hobby...