I don’t think that Raymond is so far off with his estimate of a car that could win with a good driver with some experience. Maybe not for $5,000 but $8,000 yes – I’d take that bet any day. Do choose your car carefully because no matter how good you are, you are not going to win ITS with a Yugo.
Ryan, racing does take a lot of work and time. When you’re pushing an older car to its limits and sometimes beyond, stuff happens. It isn’t a matter of if something will brake but when. The good news is it is your racecar and you don’t need to fix it to get to work/school for the next day. This comes up quite often – “You really do have to put a value on time.” Well, that’s true up to a point. Like I said, racing will consume a good amount of time working on the car as well as yourself. But at the same point, what hobby doesn’t? I used to be really into basketball in part because it is cheap. That is until you consider the hours I used to spend practicing free throws and other various shots. I also used to read books on basketball and watched games on t.v. to learn as much as I could. Based on some people’s beliefs, basketball would have been a very expensive sport for me. Yeah, I get the general idea of what they’re saying but hopefully you’d be spending your time on the racing hobby because you enjoy it.
With the Rabbit, bring the car to some high performance driving events. Spending money on yourself will reduce your lap times then spending it on the car. Take you time finding a racecar. The best finds are often ones you hear about from talking to people at the track. Many times these cars are not even advertised.
My advice is don’t wait too long before you start getting involved. Even if that simply means doing a couple of autocrosses, two HPDEs the first year, and attending as many races as you can. Take advantage of the carting opportunity! You’re crazy if you don’t esp. with your father being interested. I used to have a go cart and raced it around the woods in my parents back yard with some friends. We had friendly competition on who could get the best lap times. That was a blast!