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Old 8 Sep 2015, 14:37 (Ref:3572465)   #1
Frosty11
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Costs of GT Racing

Does anyone know roughly per season what the costs are of competing in series like Blancpain, British GT, GT4, ELMS, WEC etc?

Just interested to see how much money you would need to be competitive in series like those?
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Old 8 Sep 2015, 15:48 (Ref:3572481)   #2
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Well, the best figure I have is from four years ago... back then, if you wanted to have a shot at the title in ADAC GT-Masters (8 race weekends with 2 one hour races each), you'd need to come up with roughly half a million € per car.

It has probably gone up since...
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Old 8 Sep 2015, 16:19 (Ref:3572488)   #3
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450,000 a year per driver is a solid estimate.
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Old 8 Sep 2015, 16:55 (Ref:3572495)   #4
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450,000 a year per driver is a solid estimate.
That was the per car number back then, as you need to be paired with a paid gun like Rast or Götz to have a realistic chance at being in the title race in GT-Masters.
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Old 9 Sep 2015, 01:36 (Ref:3572608)   #5
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Be interesting to see what a pay driver would have to bring for a ride in BES. Would have to be a bit higher then half a million especially with Spa 24hr.
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Old 9 Sep 2015, 01:57 (Ref:3572613)   #6
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That was the per car number back then, as you need to be paired with a paid gun like Rast or Götz to have a realistic chance at being in the title race in GT-Masters.
Well. Yes. But, it depends on what they bring, or what the manu is supplying.
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“We’re trying to close the doors without embarrassing ourselves, the France family and embarrassing (the) Grand American Series,” he said in the deposition. “There is no money. There is no purse. There’s nothing.”
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Old 9 Sep 2015, 08:12 (Ref:3572661)   #7
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A couple of years ago one of the pro drivers in British GT suggested on here a figure around £250,000. I'll see if I can find it.....
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Old 9 Sep 2015, 10:52 (Ref:3572678)   #8
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2 years ago a friend of mine drove in British GT4 in a Ginetta G50 and I think it was £60k per year back then, probably as cheap as it could be done, and I don't think that included testing or damage.

2 or 3 years prior to that I helped out a team in British GT4 running a lotus 2-11 and ISTR the figure of £7k per weekend being mentioned, and we were considered paupers!
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Old 10 Sep 2015, 05:55 (Ref:3572865)   #9
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Old 11 Sep 2015, 00:12 (Ref:3573028)   #10
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Doctor Evil underestimated the value, in this context that is overestimating

Some time ago I asked here what the price tag would have been 10-15 years ago with GT1 and GT2 and how that corresponded to the present times and classes, but I forgot what people replied. Of course, even with higher sums the economy was different, as were the serie requirements itself...
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Old 12 Sep 2015, 19:48 (Ref:3573423)   #11
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A budget for British Gt GT4 in a Ginetta is around £120k as a starting point and in an Aston about £180k

GT3 I would expect most to be spending upwards of £350k for most cars
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Old 13 Sep 2015, 04:56 (Ref:3573531)   #12
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A single GT3 budget matches that of a single LMP2 budget, it ain't cheap!
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Old 13 Sep 2015, 05:04 (Ref:3573532)   #13
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A single GT3 budget matches that of a single LMP2 budget, it ain't cheap!

? Got anything to back that up. I've heard of GTLM or GTPRO budgets being on par with LMP2 but not GT3
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Old 13 Sep 2015, 08:29 (Ref:3573556)   #14
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? Got anything to back that up. I've heard of GTLM or GTPRO budgets being on par with LMP2 but not GT3
Discussions with an ELMS team considering a move/expansion into GT Asia. The logistics are going to all cost the same (in a comparable series) and the wear and tear on the cars really isn't any different, you're going to get similar km's out of most components and those components are just as expensive to replace.
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Old 13 Sep 2015, 08:33 (Ref:3573557)   #15
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Discussions with an ELMS team considering a move/expansion into GT Asia.

Fair enough. You'd think a regional championship such as they would be a bit cheaper to get into.
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Old 16 Sep 2015, 20:01 (Ref:3574298)   #16
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So apart from the independently wealthy, how do other drivers fund their GT race season? Do they expense it through the company books under advertising or client entertainment? I bet the tax man loves that! Or do they somehow get sponsorship - so who wants to sponsor some random middle aged bloke who likes to go racing?! I'd hazard a guess the guys in MX5s are quicker drivers than some of those racing GTs on telly. That's the trouble with motorsport - ability to find comes ahead of ability to drive, seemingly right up to and including F1. Is this a fair comment?
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