One observers opinion
#31
Tech Fanatic
Originally Posted by craigp
No track/facility can be maintained by one person. If you can help even a little bit, HELP. When everyone sits back and figures he'll let the next guy do it, and no one does, projects pile up and things don't get done as fast as everyone (trackowner included) would like to see.
40-50 TWICE A week, every week, all year? WOW, that's a pretty good showing. I'd like to know where that is.
When you're counting entry fees, just like I said before, did you take into consideration that a good part of that income goes into more than just rent? Like utilities, loans, trophies, insurance and other operational items? Then offset that 4-6K as you calculated and factor in missed dates due to rain, cold, and other issues. You'll see that alot of those big bucks you think that trackowner is raking in go right back out to keep the track going. At the end of the year it's gonna be a breakeven situation if he's lucky.
40-50 TWICE A week, every week, all year? WOW, that's a pretty good showing. I'd like to know where that is.
When you're counting entry fees, just like I said before, did you take into consideration that a good part of that income goes into more than just rent? Like utilities, loans, trophies, insurance and other operational items? Then offset that 4-6K as you calculated and factor in missed dates due to rain, cold, and other issues. You'll see that alot of those big bucks you think that trackowner is raking in go right back out to keep the track going. At the end of the year it's gonna be a breakeven situation if he's lucky.
I'm not going to argue the point but everybody saw what was really happening,and yes there were at a minimum 40-50+ drivers every friday offroad night and 40-50+ drivers on the oval and tc track on sat's,before the decline started,as for missed dates I could probably count those on one hand in a years time,there was more than enough cash flow to make up the difference,unless the loan payments were out of proportion,there should have been more than enough cash flow to up keep the facility.and like I've said many a times if you break even,that should be all you ask for,if your in it for a profit your in the wrong business.
#32
Originally Posted by howard hudson
I had that idea before 4fun closed its doors . and everyone thought the idea was lame.
Like I mentioned, these are not typical retail businesses and every little bit counts.
We used to do the same thing in slot cars except it wasn't a club. A group of us would purchase new 24 cell truck batteries and donate them to the track, help maintain the track (new contact braid, epoxy paint ...). In turn after the doors closed at 10:00 p.m. on Sat., the power was cranked to full and we'd be there until 2 or 3 running. Ahhhh, the smell of a open class perimemter can slot car motor in meltdown, I remember the days.
Good points CraigP, but I bet if you asked it isn't a case of "leave it for the next guy" but rather "I spend enough money at the track why should I donate time. The owners owe me for giving them my business". Seen and experienced that reaction. I think most of the racers just need to be asked and they will join in and help.
#33
Originally Posted by Hyper1
I'm not going to argue the point but everybody saw what was really happening,and yes there were at a minimum 40-50+ drivers every friday offroad night and 40-50+ drivers on the oval and tc track on sat's,before the decline started,as for missed dates I could probably count those on one hand in a years time,there was more than enough cash flow to make up the difference,unless the loan payments were out of proportion,there should have been more than enough cash flow to up keep the facility.and like I've said many a times if you break even,that should be all you ask for,if your in it for a profit your in the wrong business.
I'm not sticking up for the owner as there are creeps in all lines of business but just stop and think for a sec.
#34
Tech Fanatic
I agree! you should pay yourself a little,but owning a rc track isn't like a normal fulltime business,where profits rule.It's more like a sideline business that really should be just a write off,I'd hate to think I had to depend on a rc track to make a living,it just ain't going to happen.I'm talking track here,no hobby shop,no employee's.Done right,you can maybe make a little pocket money but that's about it.
#35
Tech Adept
Originally Posted by Hyper1
I'm not going to argue the point but everybody saw what was really happening,and yes there were at a minimum 40-50+ drivers every friday offroad night and 40-50+ drivers on the oval and tc track on sat's,before the decline started,as for missed dates I could probably count those on one hand in a years time,there was more than enough cash flow to make up the difference,unless the loan payments were out of proportion,there should have been more than enough cash flow to up keep the facility.and like I've said many a times if you break even,that should be all you ask for,if your in it for a profit your in the wrong business.
#36
Originally Posted by Hyper1
I agree! you should pay yourself a little,but owning a rc track isn't like a normal fulltime business,where profits rule.It's more like a sideline business that really should be just a write off,I'd hate to think I had to depend on a rc track to make a living,it just ain't going to happen.I'm talking track here,no hobby shop,no employee's.Done right,you can maybe make a little pocket money but that's about it.
I cannot picture a facility in this day that doesn't have the hobby shop. Besides what you can sell on practice and racedays, you can build an online store as well since you already carry the parts inventory. The hobby shop, if done properly would generate a good amount of income. It is very important to provide these services for racers. Watching racers go down the road to get something at less cost or because you don't carry parts is a killer. Besides, ever had to sit and watch racing all day because you broke in practice and can't get parts??? Really pisses you off.
This is why it is important for racers to support their local tracks. Buy parts, donate some time and race. I know from personal experience that if you help out a little, you get a better break on parts or your race fees comp'd for the day and so on. Besides it feels good to be appreciated because you helped out. Just think if you got 40 racers and 5 - 10 donated just a 1/2 hour of their time, think what could be accomplished. This is what helps tracks and this part of the hobby survive. It's better than getting pissed off at the owners or the owners getting pissed off at the racers because the crap-talk is flying.
#37
Tech Fanatic
Craig you've got PM
#38
Tech Adept
Originally Posted by r a shoe
Good points CraigP, but I bet if you asked it isn't a case of "leave it for the next guy" but rather "I spend enough money at the track why should I donate time. The owners owe me for giving them my business". Seen and experienced that reaction. I think most of the racers just need to be asked and they will join in and help.