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 !
Category |
Amount |
|---|---|
| Track Rental | $17,515 |
| Ambulances | $ 5,073 |
| Food and beverage | $ 6,071 |
| Tickets/Programs | $ 5.932 |
| Radio rental | $ 1,785 |
| Insurance | $ 2,825 |
| Permit | $ 2,725 |
| Trophies | $ 1,795 |
| 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 |
| TOTAL | $54,900 |
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.