Looking to build an AER team
#17
Regarding some of the risk factors, there are a few approaches that I've used.
1. I do have a separate corporation for motorsports, however I haven't transferred the car to it yet, although there's a high likelihood that I will (or a new one)
2. Regarding liability of drivers/insurance. The last group I rented to, we decided to have a shared cost structure on damage that was clearly proven not related to the drivers fault or a mechanical fault in the car. There was a preset cap on the total cost on the car, so worst case scenario if another racer slammed into the car caused it to go off track and it was completely totaled, the entire team would split the cost. If the driver is liable then he would pay. There is a ton of car data and in car video that would help prove who's at fault.
3. I have two contracts all drivers have to sign.
4. Some teams do setup escrow accounts, but that's asking too much, and not commonly done.
5. As stated in my original post, having the right drivers is not just someone who's fast, but also reasonible and financially secure. As all drivers will interview me and the car, I will interview them, including getting references and reviewing drivers in car race video.
Let's face it, in general every time we get in a race car we take a risk. We all try to minimize these risks as much as possible, but there will always be some risks.
1. I do have a separate corporation for motorsports, however I haven't transferred the car to it yet, although there's a high likelihood that I will (or a new one)
2. Regarding liability of drivers/insurance. The last group I rented to, we decided to have a shared cost structure on damage that was clearly proven not related to the drivers fault or a mechanical fault in the car. There was a preset cap on the total cost on the car, so worst case scenario if another racer slammed into the car caused it to go off track and it was completely totaled, the entire team would split the cost. If the driver is liable then he would pay. There is a ton of car data and in car video that would help prove who's at fault.
3. I have two contracts all drivers have to sign.
4. Some teams do setup escrow accounts, but that's asking too much, and not commonly done.
5. As stated in my original post, having the right drivers is not just someone who's fast, but also reasonible and financially secure. As all drivers will interview me and the car, I will interview them, including getting references and reviewing drivers in car race video.
Let's face it, in general every time we get in a race car we take a risk. We all try to minimize these risks as much as possible, but there will always be some risks.
Good luck with the team! I actually told one of my friends who is reasonable about your request as he was at NJMP this weekend and has some AER experience.
#18
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As some of us start thinking about our plans for 2019 I wanted to RE-bump this thread. Still would love to put an AER team together, but need to find the right drivers.
Im open to different teaming options, as well as testing the waters first type of options.
Bottom line, if someone is looking for great racing, at a low relative cost, in an amazingly fun car, this is an awesome option to think about.
thanks!
Justin
Im open to different teaming options, as well as testing the waters first type of options.
Bottom line, if someone is looking for great racing, at a low relative cost, in an amazingly fun car, this is an awesome option to think about.
thanks!
Justin
#21
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I'm going to race PCA this year but would like to get a seat for at least one AER race this year - preferably WGI.
#23
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I would be very happy to just do WGI, NJMP, and Palmer next year.
6 x 90min stints each. Last race we had 4 drivers, 2 would have double stints each day, but it can certainly split up in other ways. You also get Friday qualifying and practice day 1/2 of which you can run your street car if you’d like. Lots of track time!
If interested shoot me a pm, as if I can put the team together, I’ll make a few changes to the car this winter.
6 x 90min stints each. Last race we had 4 drivers, 2 would have double stints each day, but it can certainly split up in other ways. You also get Friday qualifying and practice day 1/2 of which you can run your street car if you’d like. Lots of track time!
If interested shoot me a pm, as if I can put the team together, I’ll make a few changes to the car this winter.
#26
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Hey Guys -
Thanks for all the interest and PM's. It's encouraging, and I hope we can form a team. Wanted to share some quick update on specifics.
If anyone wants to use the car for other events outside of AER, please PM me details, and I am happy to consider it with or without support.
Also, if anyone has garage space and/or space for a 28' enclosed trailer in lower Fairfield County, please lmk as I'm paying my boatyard to store it now, and it's not the most ideal scenario.
Thanks!
Justin
Thanks for all the interest and PM's. It's encouraging, and I hope we can form a team. Wanted to share some quick update on specifics.
- $2,500 a seat for 3 x 90min sessions plus equal use on Friday's test day, being mindful of any mechanical/setup work we need to do. You can also use your own car the first 1/2 of Friday (included in the registration fee)
- Fault damage would be paid by driver with a cap, no fault damage can either be driver responsibility or shared responsibility with the team (kind of like an insurance policy).
- Mechanical failures not caused by the driver would be on me. There is a ton of data in the car that can be used to help determine fault.
- I'd be open to doing a full season, but would probably prefer doing WGI, Palmer, and NJMP.
If anyone wants to use the car for other events outside of AER, please PM me details, and I am happy to consider it with or without support.
Also, if anyone has garage space and/or space for a 28' enclosed trailer in lower Fairfield County, please lmk as I'm paying my boatyard to store it now, and it's not the most ideal scenario.
Thanks!
Justin
#27
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Unfortunately, WGI runs the same weekend as Lime Rock PCA. AER takes quite a few drivers away that weekend. Cant blame them for wanting to race Sunday too.
#28
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