Ferrari Track Club - Ferrari Life
 
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post #1 of 13 Old 06-29-2009, 11:08 PM Thread Starter
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Ferrari Track Club

Just curious, if Ferrari ran a track club within a hours drive of where you live, would you join? Assume the cost would be similar to that of a golf club. Idea would be that like a golf club and tee times, you would book track time in advance and then basically be able to go out and track your car on a very regular basis. In addition to the track, facilities would include a clubhouse, workshop, and car storage.

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post #2 of 13 Old 06-29-2009, 11:25 PM
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I wouldn't join because it would go bust in a very short period of time. There simply are not enough Ferraris within an hour's radius of anywhere (or at least anywhere that you could have a track) to sustain it at the kind of fees you're talking about. I'm not sure what the legal requirements would be for such a venture but I would think something open to the public (i.e. members) would need to satisfy certain safety requirements, crash barriers etc. which would need to be maintained and repaired when they'd been remodelled etc.

If you could find a way to do it that was sustainable at a reasonable price that would be a differnt matter entirely.

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post #3 of 13 Old 06-30-2009, 06:42 AM
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If you could find somewhere near London, near the M25 then i would think you would have a large enough client pool.
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post #4 of 13 Old 06-30-2009, 09:16 PM Thread Starter
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Have run some rough numbers and the estimated build out cost would be $6 mil. in the US and a similar number in GBP in the UK depending on your land acquisition costs. As long as you are not planning on using the track for FIA sanctioned races, the track cost is not too bad.

To make it work financially you would need a minimum of 120 members. Joining fee/bond would be $50k with annual membership running in the $3k range. Track time for members would then be charged at $20 an hour. The $50k bond would be transferrable/saleable to a new member if you resigned.
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post #5 of 13 Old 07-02-2009, 02:22 AM
 
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There is actually something very similar to what you are talking about here in South Africa. It is not only for Ferrari owners and it is called Imola Race Resort and it's an exclusive members-only Supercar Country Club that caters for the supercar enthusiast who has a passion for driving fast cars and meeting other like minded people within a private community.

Here are some details about it :

New Concept
Imola Race Resort is a totally new concept in South Africa which is modeled on similar facilities in Europe and USA where supercar owners may drive their cars without restriction at their own pace on a private world-class race track built specifically for this purpose in a controlled and safe environment. Limited membership of this exclusive resort offers the driver, whether experienced or novice, the unlimited use and enjoyment of the track and its facilities on selected days each week throughout the year. No previous track experience is necessary as the club seeks to encourage members who have previously not participated in this type of activity, due to lack of confidence in their abilities or for fear of intimidation from faster drivers, to participate. This will be achieved by dividing the driving days into different speed sessions depending on the profile of drivers attending that day.

Track Design
The thrilling track design is based on the famous original Kyalami race track which is fondly remembered for its unique blend of fast, challenging corners and a long straight enabling owners to drive their cars to speeds of up to 300 km/h if they so wish. The track offers a variety of facilities including a pit complex, car storage, driver instruction, exotic car rental and medical assistance.

Unique leisure lifestyle
More than just a racetrack, Imola is a luxury destination and, together with the Vaal Riverís finest golf estate, Waterford, offer the owner an unparalleled weekend leisure retreat. Ideally the home owner can enjoy the pleasures of the track throughout the weekend interspersed with the relaxation provided by the exclusive Waterford lifestyle on the banks of the Vaal River. Residents can enjoy a host of recreational family activities in and around the surrounding area. In addition, a luxury boutique hotel will also offer a gourmet restaurant and spa.

Initial response to the Imola Race Resort has been overwhelming with many supercar brands wishing to be involved from product launches and incentives to driver training and vehicle testing. There is also interest from overseas enthusiasts to invest in the club and enjoy the sunny amenities offered by Imola during the European winters.


As for pricing, at today's exchange rate the initial membership fee is R265,000.00 (roughly $33,930.00) then with a subscription fee of R14,400.00 (roughly $1 843.00) per annum to cover the costs of the operation and management of the race resort.

And funny enough, Imola Race Resort is about an hour away from Johannesburg where I live, depending on traffic of course.
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post #6 of 13 Old 07-02-2009, 04:21 AM
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Quote:
Originally Posted by Boxer View Post
Have run some rough numbers and the estimated build out cost would be $6 mil. in the US and a similar number in GBP in the UK depending on your land acquisition costs. As long as you are not planning on using the track for FIA sanctioned races, the track cost is not too bad.

To make it work financially you would need a minimum of 120 members. Joining fee/bond would be $50k with annual membership running in the $3k range. Track time for members would then be charged at $20 an hour. The $50k bond would be transferrable/saleable to a new member if you resigned.
Reasonable calculation. Makes sense. I would be in. 120 members would be very reasonable. It would keep the feeling of being a "family" kind of group. Everybody is owner...everybody cares and takes care for it. Sound basics. Besides in these days land purchases now make sense anyway. You probably will not get undeveloped land as cheap as you get it now.
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post #7 of 13 Old 07-03-2009, 08:48 PM Thread Starter
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Reasonable calculation. Makes sense. I would be in. 120 members would be very reasonable. It would keep the feeling of being a "family" kind of group. Everybody is owner...everybody cares and takes care for it. Sound basics. Besides in these days land purchases now make sense anyway. You probably will not get undeveloped land as cheap as you get it now.
Thanks and agree.

Major issue would be where to try to locate the Club or Clubs?
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post #8 of 13 Old 07-03-2009, 11:49 PM
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Thanks and agree.

Major issue would be where to try to locate the Club or Clubs?
No question...in Switzerland of course
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post #9 of 13 Old 07-05-2009, 11:46 AM Thread Starter
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No question...in Switzerland of course
I thought tracks were illegal in Switzerland.
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post #10 of 13 Old 07-05-2009, 11:12 PM
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I thought tracks were illegal in Switzerland.
Tracks are NOT illegal, RACING is illegal!
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post #11 of 13 Old 07-06-2009, 09:45 AM
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Maybe you could make it a multi purpose facility. Race track on weekends when most gear heads have the time and a golf course during the week, with extra wide banked cart trails. Maybe that way we can......Oh, nevermind.

Lane

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post #12 of 13 Old 07-06-2009, 12:38 PM Thread Starter
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Tracks are NOT illegal, RACING is illegal!
Do any tracks still exist ?
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post #13 of 13 Old 07-06-2009, 10:39 PM
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Originally Posted by Mike430 View Post
There is actually something very similar to what you are talking about here in South Africa...
The track layout looks suspiciously like the old Kyalami and not at all like Imola!

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Tracks are NOT illegal, RACING is illegal!
I thought racing was now legal again in Switzerland. Wasn't the ban repealed a couple of years ago?

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