Magical Trevor
New member
where does the money go?????[/b]
Insurance and taxes, most likely.
where does the money go?????[/b]
where does the money go?????
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. My racing dollars will be spent less at LRP and more elsewhere.
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One thing Skip has brought up is how to continue LRP once he is no longer around. Having 100 + people invest that sum of money much more strongly protects the track from becoming something else such as a golf course or another Ghost Track.[/b]
No. You get 20 days per year for your $110K and $550 per month. It turns out to be $440K over 50 years for 1000 track days. $440 per day if you average it out. [/b]
It turns out to be $440K over 50 years for 1000 track days. $440 per day if you average it out. [/b]
Not so fast there. You're counting a present payment for a future benefit. What would that $110K be worth if safely invested (oxymoron, huh ?) for the next 50 years. THAT amount is what you're paying for those 1000 track days.
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can you imagine what a bargain $440 will be in 5 years no less than 40 years from now?[/b]