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How much is your Racing budgets?

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Old Aug 23, 2004 | 07:19 PM
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Default How much is your Racing budgets?

After all the stuff is bought I raced my car for about 35k (Doing 10 sec) a year....Lets hear from some of you big Daddies...How much is your budget.
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Old Aug 23, 2004 | 07:39 PM
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Default Re: How much is your Racing budgets? (bitemail)

I have two cars.

one drag car and one street car.

less than 25k for both and i should see 9's soon. Street car does 12's

I just make it a write it off.

All in all, this is not a cheap hobby! Its a large money pit! People don't realize it until 1/3 or 1/2 way to getting the car started!
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Old Aug 23, 2004 | 08:16 PM
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Default Re: How much is your Racing budgets? (AMS MIKE)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by AMS MIKE &raquo;</TD></TR><TR><TD CLASS="quote">I have two cars.

one drag car and one street car.

less than 25k for both and i should see 9's soon. Street car does 12's

I just make it a write it off.

All in all, this is not a cheap hobby! Its a large money pit! People don't realize it until 1/3 or 1/2 way to getting the car started!</TD></TR></TABLE>

You can say that again when all the money is coming from your pocket not someone elses
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Old Aug 23, 2004 | 08:44 PM
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Default Re: How much is your Racing budgets? (DxTrix)

You guys arent ******* kidding...I have a running spreadsheet of my project and its already up to almost $10k.

That doesnt sound bad until you realize that the car is sitting on spare tires in my friends backyard...missing a few body panels, no interior (I mean NOTHING) and a motor that is in my garage in pieces waiting for money to get sleeves/internals.

This is just a POS SFWD project too
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Old Aug 23, 2004 | 08:50 PM
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Default Re: How much is your Racing budgets? (bomber)

Whats a budget??
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Old Aug 23, 2004 | 08:55 PM
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Default Re: How much is your Racing budgets? (Arturbo)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Arturbo &raquo;</TD></TR><TR><TD CLASS="quote">Whats a budget?? </TD></TR></TABLE>

Very True , LOL. I did say after things were bought...so this would include things like tyres, Turbo rebuild, axles Piston rings etc. Needless to say one blown engine and your budget goes down the drain
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Old Aug 24, 2004 | 03:54 AM
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Default Re: How much is your Racing budgets? (bitemail)

self funded, just turned 17, prob around 4k so far. tough goin 2 school, runnin a little side job and racing @ the same time. saved money by doing my own work though, all of it.
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Old Aug 24, 2004 | 04:25 AM
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Default Re: How much is your Racing budgets? (bitemail)

Budget? I am selling off my internal organs to help pay for my addiction.
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Old Aug 24, 2004 | 04:54 AM
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Default Re: How much is your Racing budgets? (b19coupe)

It's trully amazing how much money it costs to build a drag car from scratch. Those little expenses allways creep up and bite you in the ***. For instance, this weekend I spent $120 on metal and bolts just to mount my fuel cell!

I think people get confused as to what it really costs to race. They focus on the pistons, rods, injectors, etc. and forget all about the cost to re-design a working vehicle and turn it into the race machine of their dreams.

As for the cost AFTER your car is built...that's unpredictable also. A broke axle here, worn bearings every few weekends, and general up keep are never ending, money sucking events.

Gotta love the sport
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Old Aug 24, 2004 | 07:50 AM
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Default Re: How much is your Racing budgets? (CompressionFed)

I think my car installed a chip in my head that I don't know about. I just spend on it with this "I got to do it" atitude.
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Old Aug 24, 2004 | 08:59 AM
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Default Re: How much is your Racing budgets? (bitemail)

my budget depends on the workload we get from people wanting engine buildups, tuning, and work like that. We do all the labor and use the money to invest in the race car and the street cars.

on the other side, budget can vary back and forth depending on my wife's QVC spending habit ... LOL

Everyone's right its an expensive sport, the average person spends at least upwards of $30k if that little.

Greg
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Old Aug 24, 2004 | 09:15 AM
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and I doubt these prices include transportation that can haul a trailer, AND the trailer itself.

Motorhomes are expensive on gas too, cost me almost 100 bucks on a trip going 1 hour each way there and back to pick up my car.
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Old Aug 24, 2004 | 10:04 AM
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Default Re: (quik sol)

Traveling and racing requires deep pockets. Its one thing to spend money getting your car where you want to be for a moment in time, its another to keep it there.
Bottom line is a person really has to love this sport. As said earlier the cost of a tow vehicle, trailer (insurance,plates), extra parts, travel cost(gas , food , lodging) entry fees etc.
Many racers would love to travel to all the NHRA and Nopi events, but its financially not possible. We made it to 2 NHRA events so far Denver and Las Vegas - maybe one more before the year is over.

Steve Sr.
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Old Aug 24, 2004 | 10:20 AM
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Default Re: (OaksRacing)

I definitely spent well over $30k not including the purchasing of the vehicle back in 15Jan96($23k)
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Old Aug 24, 2004 | 10:33 AM
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yea man i have spent close to 40k with the cost of the pos hatch and self funded
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Old Aug 24, 2004 | 10:37 AM
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most would say visa mastercard discover
bankruptsy..lol...
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Old Aug 24, 2004 | 11:31 AM
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Default Re: (Brent L)

IF you plan to race seriously then you cannot have a budget because it will most certainly exceed any limit you set.
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Old Aug 24, 2004 | 04:44 PM
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Default Re: How much is your Racing budgets? (bitemail)

Its as much as the wife allows me to have.
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Old Aug 24, 2004 | 04:53 PM
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Default Re: How much is your Racing budgets? (Sgt Craig)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Sgt Craig &raquo;</TD></TR><TR><TD CLASS="quote">Its as much as the wife allows me to have. </TD></TR></TABLE>

That rings SO true. And yes a blown engine can kill a season for you! Trying
to bounce back, this won't happen agein........ I have a plan.
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Old Aug 24, 2004 | 05:09 PM
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Default Re: How much is your Racing budgets? (jerseykid609)

we do not set a budget, we spend at whatever expense to insure that we make every NHRA race. we have been through 6 different motors in 8 races so far, and we manage this with no outside help, untill 2 races ago that is. we will continue to race at whatever expense, because we love every stinkin minute of it!!
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Old Aug 24, 2004 | 05:48 PM
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Default Re: How much is your Racing budgets? (Big_Mike)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Big_Mike &raquo;</TD></TR><TR><TD CLASS="quote">we do not set a budget, we spend at whatever expense to insure that we make every NHRA race. we have been through 6 different motors in 8 races so far, and we manage this with no outside help, untill 2 races ago that is. we will continue to race at whatever expense, because we love every stinkin minute of it!!</TD></TR></TABLE>

thats gotta be nice.
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Old Aug 24, 2004 | 07:37 PM
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Default Re: How much is your Racing budgets? (quik sol)

I myself loved the racing however a budget (personal expense with me) tells me that no matter how much I love racing other more important things come first. Its almost like an addiction, so I have to control it somehow. Anyway I am taking a year off and waiting for the prices of the Ball'n Trannies to go down. Either that or I will take that bloody Carbon Tilton out.
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Old Aug 24, 2004 | 10:42 PM
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Default Re: How much is your Racing budgets? (bitemail)

One thing I try to tell young people is stay away from Credit cards!! If you cant afford it then you don't need to be doing it. And always do things within the legal systme because karma is a bitch. Ive managed to build my car with out using credit, all out of my own pocket. dont put all your eggs in one basket....

art
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Old Aug 24, 2004 | 10:46 PM
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Default Re: How much is your Racing budgets? (Arturbo)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Arturbo &raquo;</TD></TR><TR><TD CLASS="quote">One thing I try to tell young people is stay away from Credit cards!! If you cant afford it then you don't need to be doing it. And always do things within the legal systme because karma is a bitch. Ive managed to build my car with out using credit, all out of my own pocket. dont put all your eggs in one basket....

art</TD></TR></TABLE>
Yeah you can say that again CREDIT ruins people and so does ilegal ish. Cant afford to do it or even do it legal then dont do it at all.
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Old Aug 25, 2004 | 04:16 AM
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Default Re: How much is your Racing budgets? (DxTrix)

very true! theres been chances where i coulda bought possibly stolen stuff, i thought about it twice before i went through with those kinds of deals. staying out of debt is also important, i 2nd that. I'm also staying out of debt even though it is very tempting to do it.
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