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Old August 2nd, 2011, 02:34 PM   #1
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Default would any of you donate $$ to ride co-pilot in a TREC race?

Would you donate money to ride shotgun in a TREC race (class A car)?

I am still trying to work out the details from doing something like this, so these are basically just thoughts at this point.

I am trying to figure out a way to help other people while I race. I would like to donate my own time or money for families in need, but frankly, I don't have much extra of either. So this is what I am thinking;
  1. Define a family/person in financial needs. I would most likely target families that have younger children that have medical issues and can't afford a nice vacation or even a long weekend somewhere to get away and try to leave their medical problems behind for a few days. Time spent in hospitals flat out suck. I would really like to help kids that spend way too much time dealing with medical issues instead of just enjoying being a care-free kid.
  2. Open up a donation website. This would allow people who are interested in bidding to bid in a safe, public auction. I want the amounts to be public in hopes that the bids would keep increasing and compounding on each other. Once the bidding closes and winner would be announced and introduced. 95% of the bid would go directly to the family chosen in section 1. The remaining 5% would go to my team. Those costs would cover; cost of website, cost of "freebies" (details below), etc.
  3. Once a family is chosen and someone has bid and won, it's time to race. The winning bidder would get to co-pilot a TREC race in a class A unlimited car. The winning bidder would also get a free Inviscid Motorsports T shirt, a free DVD that has in-cab HD video of the race, and maybe some other cool memorable? (any ideas???)
Here are my concerns;
  • Insurance. How do I protect myself from the winning bidder (in the situation where he gets injured during the race). I doubt a simple waver would cover this. I could potentially put this under an LLC, but potentially my race car is under the same LLC so that isn't very protected.
  • The winning bidder would have to be able to fit comfortably in my chassis, which means I would have to limit him/her to under 5'4" to about 5'11" and 34" and under waist.
  • Winning bidders safety. The co-pilot needs to have a race suit, helmet and preferably a HANS device. I have a medium sized HANS, medium helmet and medium race suit that could be used, but anything size other than that would have to be provided by the bidder, that might be tough for them to purchase for 1 simple race.

What are your guys thoughts? Would anyone be interested in this? I figure it would be cool for college grad gifts, birthday gifts, get well gifts, etc and still be able to help out families in need.

Are there any business lawyers on here? I also need to know if I could run under a non-profit if I did something like this.

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Old August 2nd, 2011, 02:37 PM   #2
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I love to do that, but I would seriously affect the balance of the car.
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Old August 2nd, 2011, 02:52 PM   #3
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hells to the ya
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Old August 2nd, 2011, 02:56 PM   #4
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can i ride,










no not really i got really car sick in mikes car this weekend.
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Old August 2nd, 2011, 02:57 PM   #5
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Originally Posted by hosejockey4506 View Post
can i ride,
no not really i got really car sick in mikes car this weekend.
thats another worry.

If the copilot pukes, I want it on HIS suit and in HIS helmet.
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Old August 2nd, 2011, 02:58 PM   #6
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Quote:
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can i ride,










no not really i got really car sick in mikes car this weekend.
Go for it, no windows to roll down.....
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Old August 2nd, 2011, 03:15 PM   #7
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i would love to do this but at 6'2 and a size 38 pant im out
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Old August 2nd, 2011, 03:18 PM   #8
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Seems like a great idea, but you need a bigger chassis for me.
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Old August 2nd, 2011, 03:19 PM   #9
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while the intention is truly notable, I think you will find yourself spending twice as much time trying to make this work as you did putting your TREC rig together.

Setting up a true non-profit is an intensive and expensive endeavor. One way around this is to 'umbrella' under an already established non-profit. Basically they handle the headache for you, but you have to convince said non-profit that its worth their time, too. Its not unusual - I have been part of a couple wannabe non-profits that did this exact thing and avoided piles of paperwork and legal fees.

Kudos to you though and good luck!

Andy
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Old August 2nd, 2011, 03:20 PM   #10
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Sounds like Skooter Built is the only one who will fit in your car, but then you'd be riding with Skooter Built.
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Old August 2nd, 2011, 03:21 PM   #11
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Quote:
Originally Posted by Complete Off Road View Post
while the intention is truly notable, I think you will find yourself spending twice as much time trying to make this work as you did putting your TREC rig together.

Setting up a true non-profit is an intensive and expensive endeavor. One way around this is to 'umbrella' under an already established non-profit. Basically they handle the headache for you, but you have to convince said non-profit that its worth their time, too. Its not unusual - I have been part of a couple wannabe non-profits that did this exact thing and avoided piles of paperwork and legal fees.

Kudos to you though and good luck!

Andy
I am 100% comfortable NOT being a non-profit.

The main reason I would want to be a non-profit is for the person making the bidding (for tax reasons). I think it would get a much higher bid out from people/organizations
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Old August 2nd, 2011, 03:22 PM   #12
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good idea and bad idea...don't do it..not worth the headache
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Old August 2nd, 2011, 03:27 PM   #13
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Quote:
Originally Posted by Bones View Post
I am 100% comfortable NOT being a non-profit.

The main reason I would want to be a non-profit is for the person making the bidding (for tax reasons). I think it would get a much higher bid out from people/organizations
If you umbrella with a non-profit, you won't see 5%. You won't see any %.

They would handle the money and direct it to the charity.

But like I said earlier...good idea, but in the long run would probably suck up a major part of your time that could be better spent building, repairing, looking for sponsors, etc.
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Old August 2nd, 2011, 03:35 PM   #14
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I'd be up for it, but I has no cash and I really suck at getting out and pulling cable.....


(no leverage with wheels under me lol!!!)
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Old August 2nd, 2011, 03:40 PM   #15
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It would be real cool to be able to ride along! Even cooler is you trying to make this happen to help some folks out.
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Old August 2nd, 2011, 03:45 PM   #16
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I really suck at getting out and pulling cable.....
thats why a TrEC race would be perfect. The co-pilot has to read the GPS, read the gauges, check the mirrors, lay on the horn and try not to get sick. I wouldn't need them to spot any rock lines or do any recovery (unless we roll I guess). It's a pure go-fast race.
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Old August 2nd, 2011, 03:46 PM   #17
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Quote:
Originally Posted by High Center Hancho View Post
good idea and bad idea...don't do it..not worth the headache
X 2 . Seriously, how much do you think someone would bid to ride in a TREC race? Are they going to change tires and fix the vehicle during the race too? You could simplify this and just pay me to ride. I need $ anyway. You would be helping me.
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Old August 2nd, 2011, 03:49 PM   #18
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how much do you think someone would bid to ride in a TREC race?
No idea, anyone want to throw out numbers? What would you pay to have your husbands 30 year birthday gift be the best rollercoaster rid of his live, or your son's college graduation gift, or ????

"Fast lap" driving experiences at places like MIS are stupid expensive. Riding in a Ultra 4 car at a TREC race would be 100 times more memorable and personal.
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Old August 2nd, 2011, 03:51 PM   #19
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Idk?? You said "Fast Lap DRIVING".
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Old August 2nd, 2011, 03:59 PM   #20
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Quote:
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Idk?? You said "Fast Lap DRIVING".
http://www.tracktime.com/stock_car_programs.html

$464 bucks to drive 8 laps (16 left turns).
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