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Just bought a track in the Bloomington area for $750,000, it is my plan to race 16 weeks next season between May-Sept.Below is a break down of my projected nightly costs, keep in mind that exspences are year round thus when you devide by the 16 nights some cost will seem high.
Mortgage payment=$6000
Advertising $2000
Property ins,taxes, utilities,$3000
25 employees at ave. $10 per hrs for min 8 hrs.=$2000
2 Police=$350
Ave. nightly upkeep on equip./fuel/misc $1000
Sprint purse $6500
Mod purse $3500
SS purse $1500
TOTAL=$25,850
I am sure there are a few other things I have left out so to cover those cost I will admit signboard from might nightly take.
!000 spectators x $12= $12,000
35 sprints
25 mods
25ss
85 cars at 3.5 per car x $25 pit fee =~$7500
Concession stand profit= $3500
Misc progams ect=$850
TOTAL=$23,850
How close am I?
Some will say 5 per car in pits(not weekly shows)
I had to forget some exspences?
What is Bloomington speedway worth?
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