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Old 03-01-2005, 11:43 AM
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How to Start a Drag Strip?

Hey guys I have been pondering this for a longgggggggggggggggggggg time, but I have no clue on where I would start. What would it take to get a drag race Strip started? What would be required to startup? Amount of money? Laws? ANYTHING that you can provide would help, because I am starting to research this from scratch. Or if anyone has done research or personally knows someone I can contact, please let me know. Thanks in Advance!!

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Old 03-01-2005, 11:47 AM
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this would be fun and interesting to do. Personally, I'd buy some old one from the old days that is planned to be replaced with a strip mall or condos.

from there, fix it up, and there ya go. In winter I guess you could run snowmobile drags.
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Old 03-01-2005, 12:48 PM
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I dont have a massive knowledge of how to start this but I am aware that your insurance will be ridiculous, so be prepared for that as a major cost.
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Old 03-01-2005, 01:05 PM
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I have thought about this one before, but haven't gone into much thought about it. I had the idea of buying an old condemned airport from the city and converting that into a drag strip. Thats one way to get the land.

Quote:
Originally Posted by ChevelleSS_LS6
In winter I guess you could run snowmobile drags.
I'm sorry, I am laughing my ***** off at this one. This option would be completely unfeasible. LOL He lives in Lake Charles, Louisiana. Those coonasses down there would freak out if the saw a 4 wheeler on skis and tracks.

Chris
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Old 03-01-2005, 01:31 PM
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yea if we get 1 snowflake once withing a 8 year period, then everyone gets excited down here. it never snows, we can roll our cars 365 with the exception of rain
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Old 03-01-2005, 02:36 PM
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A very good friend of mine started a Drag strip. Back in the late sixties.

First you need MONEY! MONEY! and more MONEY!. He sold his share of the family oil moneys to finance his operation. Then you need land, with zoning for your project. That usually means, out in an unpopulated area. That in itself is hard to do. Land=$$$$. Zoning people tend to be "NO". Then you have to start building. Many problems with grades of paving materials, roadbed, layout, building codes, toilets, etc.

Then, after all this investment of time, money and labor. You have to get government&insurance inspections. You need competant, reliable, weekend manpower to help run the place. Customers. LOTS of customers. Customers that are willing to make the long trip to your facillities. Most who have no idea of how much money it costs to put on an average weekly race. All with their own idea of how a race should be done. All complaining about admission/racing cost. You pray that none of them get hurt.

In Michigan you get less than six months of good racing weather. Rainouts=Lost income. Insurance (back then) cost about $2000.00 per day to open the gates. If a fuel (Nitro) car came in, the insurance bill doubled!

Ambulance bills, EMT workers, security, food, advertising, maintainance. Nobody thinks about these costs.

IF YOU ARE SERIOUS, I can get you contacts.

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Old 03-01-2005, 03:09 PM
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I don't disagree with what has been said so far but there is a good up-side too. I checked into renting Famoso drag strip (Bakersfield, home of the legendary March Meet, operated by Kern County) for a Gasser Gathering by the Mid America Willys Club. The strip carries insurance for sure but sponsors for each major event are required to post bond for insurance for the event so the track is not liable. The track also offered to supply complete personnel for a price or would allow the sponsor to provide its own personnel. Nostalgia events have been drawing in excess of 60,000 attendees for a 3-day weekend. As I recall, the track wanted somewhere in the neighborhood of $25,000 for full service (non-fuel) so you do the math - @ 60,000 x $15 = nearly a $million.

As with any business, if your business plan is sound, you have good product, good marketing and good customer base, money is there to be made. You must take a chance but that is the case in any business, but the rewards are good for those who take the chance and win.

At a minimum you need,
- a business plan
- source of capital (under capitalized business ventures is the #1 cause of failure)
- commitments from major event sponsors (NDRA, IHRA, NHRA, etc.)

The best way to prepare for ANY business venture is to apprentice for a few years so you know it inside and out. It is almost impossible to cold start a grass roots business that you don't know intimately.
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Old 03-01-2005, 03:16 PM
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Good luck...we can always use another drag strip!!!

I hope you have VERY deep pockets or a good business plan with envestors.....you'll need one of the other!!


Tazz


Rat Rods Rule!
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Old 03-01-2005, 05:05 PM
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All you need to do is buy a piece of property and shoot all the neighbors within 25 miles of it. Then you won't be sued for the rest of your life for noise. Overcoming public objection is even harder than coming up with the finances.

I think it is easier to open a strip joint than a drag strip.
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Old 03-01-2005, 10:08 PM
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The place to start a drag strip would be the insurance agency.
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Old 03-06-2005, 10:51 AM
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Money, land, land for a buffer zone, proper zoning, approval from everyone in hearing distance, a few million in liability insurance at minimum, more money.

Start things out by forming a corporation or LLC, snag LOCAL investors first and then work the world, get event sponsors when all is started and work EVERYONE in the industries you can for national status and reputation.

Contact every other track owner you can find ans ask every question, even stupid questions need answers.

Good luck.
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Old 03-06-2005, 06:02 PM
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Like everyone else said it would be a challenge.The zoning alone would be extemely hard.In the small town I live in we have a dirt track on every sat.you can hear them all over town.This track has been here since the 30,s or 40,s.Every year someone complains about the noise.About three years ago I bought a house next to my 93 year old great aunt.It was a sat. night and the cars were out so I said to her,I forgot all about you could hear the cars in town for me that,s a bonus.She said ,You know a couple of years ago someone kocked on my door and wanted me to sign a petition to stop the race track,I told them those boys have been racing down there for longer than you have been alive,you can,t deal with a little noise On a sat. night only during the summer.
I love aunt Alice.
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Old 03-06-2005, 07:02 PM
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Quote:
Originally Posted by Rick WI

I think it is easier to open a strip joint than a drag strip.

Hey, funny you should mention that...

Open the strip joint first (pretty easy to do), a year later you'll have enough money to buy the land, insurance and anyone who complains. This is actually a good way to to open your "dream" business, financing through an easier to achieve business that is guaranteed to bring in money.


Marc
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Old 03-06-2005, 07:30 PM
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hay redlightning sounds like you live near Bulls Gap. Rogersville has been fighting noise for years. Here in Bristol noise has been an isue before. But I love it LOL.
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Old 03-06-2005, 07:43 PM
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Troadster, It is Winchester TN.(Winchester Speedway)
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