Of course, there will be plenty of access to non-members. Open lapping, driving schools, club rentals, competitive events put on by other clubs, etc.This quote is hidden because you are ignoring this member. Show Quote
Of course, there will be plenty of access to non-members. Open lapping, driving schools, club rentals, competitive events put on by other clubs, etc.This quote is hidden because you are ignoring this member. Show Quote
Badlands Motorsports Resort
CEO
Wishing you folks lots of success and massive membership sales. Keep this awesome momentum going!
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I'm of the same mind, there really is no chance of me using 20 sessions a year , probably same as 6-7 at best.. It doesn't make much sense for me to buy in with that kind of participation. A different corporate membership for smaller companies or self employed would have been attractive.This quote is hidden because you are ignoring this member. Show Quote
Too loud for Aspen
The only thing that concerns me is how available the track will be to members at the lowest level. My understanding is the 12.5 gets you one level of priority above public. Given how short the season is for favorable weekends I would be worried that i wouldnt be able to use my days if the higher level members took all the weekend spots. I dont see myself driving that far on a week night etc.
So just to compare the situations:This quote is hidden because you are ignoring this member. Show Quote
1. Scenario 1 - Pay the walk-on rate
7 days a year over a 10 year period:
Lets say a day costs $275 to start (just an example, we haven't determined the exact price) and with inflation by year 10 is then $375. So $325 a day average over the next 10 years.
7 x $325 x 10 years = $22,750 total spent after 10 years.
Scenario 2: Buy a membership, use it for 10 years and don't want to race anymore so you sell it for what you paid.
$12500 x $1250x10 in yearly dues = $25,000 cost.
Then sale for original price -$12500.
Total spent after 10 years = $12500.
We are also offering financing on that upfront fee as well.
Last edited by JZatBMR; 02-27-2018 at 04:53 PM. Reason: added last sentence
Badlands Motorsports Resort
CEO
The availability of your days will be guarantee in the purchase contract. Every member type will be guaranteed a certain number of weekends and weekdays in the Spring, Summer, and Fall. The details are outlined in the brochure.This quote is hidden because you are ignoring this member. Show Quote
Badlands Motorsports Resort
CEO
Shouldn't inflation also be counted on the scenario 2 yearly then as well? For consistency sake.This quote is hidden because you are ignoring this member. Show Quote
(375-275)/275 = 36.36% - (Seems a little steep for just inflation, but that's none of my business)
136.36 * 1250 = $1704.55
so $1477.27 average a year over the next ten years.
$12500 + $1477.27x10 = $27272.73
Minus original sales price -$12500
Total spent after 10 years = $14772.73
I love marth.
Great to hear this is happening. Would love to come out for a public lapping day, but no way is a membership in my near future no matter how much I want one.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Not necessarily. Think of member dues like condo fees. They can stay static depending on things like reserve funds. They may go up, but likely won’t be linked to as inflation as much as regular daily rates. But even in your revised math, the overall point remains. And What about the price you sell it for in 10 years? Once memberships sell out could there be inflation?This quote is hidden because you are ignoring this member. Show Quote
Last edited by JZatBMR; 02-27-2018 at 09:36 PM.
Badlands Motorsports Resort
CEO
Yea, I considered the selling price as well, but did not add inflation to it. And I actually quickly calculated the NPV's for each, using the above information, and it seems like anything over 5.34 days of racing per year, it's worth investing in scenario 2. Anything less, and scenario 1 is the most cost effective option.This quote is hidden because you are ignoring this member. Show Quote
Also, I don't think the Junk I drive or myself has 10 years of track driving left.
Too loud for Aspen
As a member, you also get at least one high performance driving school per year. And free entry to members time attack, auto cross, and race events. So, even more value.This quote is hidden because you are ignoring this member. Show Quote
Badlands Motorsports Resort
CEO
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whats the drive from Calgary?
80 mins according to the websiteThis quote is hidden because you are ignoring this member. Show Quote
Edit: that is travel time from the airport specifically
Last edited by J-hop; 02-27-2018 at 11:18 PM.
Depends if you are hauling the race car or driving itThis quote is hidden because you are ignoring this member. Show Quote
LolThis quote is hidden because you are ignoring this member. Show Quote
JZatBMR: I remember at one point your website had listed there would be on site warehouse storage garages, are they day time uses, or can they be real estate purchases?
Updated: March 10, 2022
My list of random For Sale (some free) stuff
I thought you were a better mechanic than that.....This quote is hidden because you are ignoring this member. Show Quote
This is exciting.
Debating a membership. Although I’m more in the just a few days a year category also.
But I don’t golf or have a winter club membership. I need this to stay relevant with the jones’ lol.
"The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."
-H.P. Lovecraft