Economics Of Organizing A Race Weekend
Ever wonder what the budget actually is for organizing a race in the Race Ontario championship?
5 of our 7 events are held at Canadian Tire Motorsport Park (CTMP/Mosport).
Costs at Calabogie are considerably higher. Shannonville can be less - but so is participation and entries.
A typical event at CTMP incurs the organizing club expenses of $54,900 !
|Food and beverage||$ 6,071|
|Radio rental||$ 1,785|
|Subcontracts (Doctor, MMS, CTA, Towing etc.)||$ 4,564|
|Worker Gifts / Podium Supplies||$ 805|
|Admin (Printing, Equipment Replacement, Stationery, Fuel etc.)||$ 1,030|
|Contingency (5% Approx)||$ 2,000|
It will take an average of 118 entries per event - at the 2013 "FULL (2 day) PRE ENTRY FEE of $460" to cover those costs.
Average entries for the 4 "club" events at CTMP in 2012 was 125 (but that includes several reduced entry fee registrations for 1 day entries or second drivers).
If you do the math, calculations and look at the big picture - fee increases have been unavoidable (and kept to a minimum).
One bad event - and the club takes a bath - which they can't afford.