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From my misadventure to purchase a track.
Lets IGNORE the price just say Financed for 30 years.
Monthly Payment $4,500.00 (12 months a year)
Lights Monthly $1,200.00
Insurance Monthly $3,600.00
Water, Sewer, Phone $350.00
Those are FIXED and do not change but a little on the lights and utilities.
Now lets open the gates:
Workers, most tracks about 40 to 45. Either you pay them for a good job or they just want to help.
Safety about $250.00
Running Dirt? Track prep man, fuel and upkeep, you will break things, $800.00 per night. Remember that you work on a dirt track about 4 days a week to run one.
Pavement: House clean and fuel your equipment.
Now you need to ADVANCE the cash for the Food $1,400 to $2,000 average for a big track $1.50 for the small ones.
You also need to pay for:
Tickets you sell, advertisement printed, TV, Radio OR just hope someone comes.
ALL of the above is if you RUN or NOT because of weather.
I am not getting into the purse, awards, and general upkeep of the track.
Next time you want to hang a track owner think about these numbers. Now a PROMOTER is another person since he has not a vested interest in the property itself. This is why Earl Baltis, Redd up in Screven and Lindy Vicari and Jerry Fried back in the day where so good and successful their BUTT was on the line if the show was good or bad.
Lets IGNORE the price just say Financed for 30 years.
Monthly Payment $4,500.00 (12 months a year)
Lights Monthly $1,200.00
Insurance Monthly $3,600.00
Water, Sewer, Phone $350.00
Those are FIXED and do not change but a little on the lights and utilities.
Now lets open the gates:
Workers, most tracks about 40 to 45. Either you pay them for a good job or they just want to help.
Safety about $250.00
Running Dirt? Track prep man, fuel and upkeep, you will break things, $800.00 per night. Remember that you work on a dirt track about 4 days a week to run one.
Pavement: House clean and fuel your equipment.
Now you need to ADVANCE the cash for the Food $1,400 to $2,000 average for a big track $1.50 for the small ones.
You also need to pay for:
Tickets you sell, advertisement printed, TV, Radio OR just hope someone comes.
ALL of the above is if you RUN or NOT because of weather.
I am not getting into the purse, awards, and general upkeep of the track.
Next time you want to hang a track owner think about these numbers. Now a PROMOTER is another person since he has not a vested interest in the property itself. This is why Earl Baltis, Redd up in Screven and Lindy Vicari and Jerry Fried back in the day where so good and successful their BUTT was on the line if the show was good or bad.
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