Sample IndyCar Budget?

[DaddyO]

It cost more today than before, but some of the teams i knew 98- 2005 ,would be proud to gotten 3 Mil plus winnings to run a one car team, and at times people were not paid. 4mil- 5 would be a better fit.
to really be where you need to be, 2nd car important, testing, spares, good talent. In 1978 when I hung with a team, one car operation, no transporter, hand ful of people that loved racing,
and a lot of long hours in the garage area I bet a few hundred thousands. Ran and completed most all races and did ok.

[ndcrs]

True. But don't confuse mere participation with actually racing. There is showing up, and there is competing.

Besides, you could drop the Honda/Ilmor engine lease to $25,000 and the cost of a chassis to $75,000 and it you wouldn't seen any significant change to the grid.

you wouldn't likely see any change at the front, but you would certainly see a change on the grid. if that were truely the case, you would see a lot more in the game with the lure of winning indy. regardless you thoughts, people still want to win at indy - using the jim beam reference from earlier, i still see them using the jim beam indycar in advertisements, maybe mostly in may and around indy - but they still use it and get some residual marketing value from that investment.

[crew guy]

Just Steve's numbers are pretty darn spot on.

[RA64]

Just Steve[/B]]Staff: Engineers cost a lot, 75K-100K for ass't, 175K -250K for seniors.

I find that hard to believe too. If true, can you tell me where to apply? I'd be willing to work for less.

[Glenn]

Hate to break it to you but sponsors won't be knocking your door down no matter what television outlet broadcasts the races. Also, how do you suggest the series plug the hole in the bugdet when they thumb their nose at the only network willing to write a check for the broadcast rights?

You are correct, the problem is the audience is not there for the major networks to be interested. This is such a sad situation. We'll just have to dig ourselves out a shovel full at a time. But it's like catch 22. The TV ratings will remain down because we are on a small network, the big networks won't take us because the ratings are down. The league may have to make an investment to buy TV time. There is no easy fix. We need exciting races (I think we have that), exciting drivers (don't think we have that), and a large TV network for the growing audience (don't have that) in order to increase the TV ratings and attrack more sponsors.

[bever911]

Check out this thread: http://www.trackforum.com/forums/sho...79735-ICS-Cost

[Spike]

Something interesting has happened in F1 in recent years. The teams have actually agreed on a RRA (ressource restriction agreement).

Yes, but that's just the new Resource Restriction Agreement. It modifies the "old" Resource Restriction Agreement which was already in place and covered the 2009 through 2011 seasons.

how much money the teams are saving is a big secret...

The greater secret will be the ways teams, such as Ferrari and McLaren, find to get around the restrictions they agreed to.

[stnkypete]

Give me a break, what sponsors are going to knock your door down with money for a small exposure on a boutique network?

Hate to break it to you but sponsors won't be knocking your door down no matter what television outlet broadcasts the races. Also, how do you suggest the series plug the hole in the bugdet when they thumb their nose at the only network willing to write a check for the broadcast rights?

[TUBORG-fan]

Something interesting has happened in F1 in recent years. The teams have actually agreed on a RRA (ressource restriction agreement). how much money the teams are saving is a big secret, but they are getting closer to mid 1990 level, which is quite alot in F1.

So, yes costs can be controlled, but the owners have to agree to some sort of deal before it will ever happen.

[Spike]

True. But don't confuse mere participation with actually racing. There is showing up, and there is competing.

Besides, you could drop the Honda/Ilmor engine lease to $25,000 and the cost of a chassis to $75,000 and it you wouldn't seen any significant change to the grid.

[atrackforumfan]

You can't make it cheaper. The cost of racing in a given series is not dictated by the equipment being used.

The minimum cost of racing is dictated by the equipment, the rules, the schedule, etc. For example, it is impossible to spend less on IndyCar racing than you pay out of pocket for the engine lease.

[cbreez99]

The way things are now, unfortunately he would have to buy the broadcast, not sell the rights to it. CART used to do the same thing, then they would attempt to hold up the team sponsors to buy commercial time.

[Glenn]

It amazes me that this forum is so antagonistic! Seems like a few people can't calmly discuss subjects and share ideas.

Personally this thread has made me think on how the heck can we control costs? You can only control costs so much by rules, Spike is right, anyone can spend a bunch of money. However, the one thing that bothered me when it happened and even more so now is the decision to air Indycar races on Versus. Give me a break, what sponsors are going to knock your door down with money for a small exposure on a boutique network? Obviously fewer and fewer. I think Bernard better be talking to ABC, ESPN, NBC about taking over the TV rights. The only bad thing with that is that Randy has a history with Versus and may not want to move it. I have to admit, it pains me so much to watch my favorite sport degrade so much since 1995.

[Just Steve]

(Pulls up chair, bag of popcorn in hand)

[FTHurley]

Arse? No. Just more confusion on your part.

I don't think so. I think you enjoy being a smug son of a gun when you're not close enough to your target to get stuffed into a locker in retaliation.