The Costs of Racing

This week, The Business of Being a Race Driver focuses on the costs of racing. Specifically, on getting to and racing in F1, Indycar or sportscars. I feature a trifecta of videos from Enzo Mucci outlining what it costs to race in these various series and what you can do to help yourself get there.

An important takeaway from Enzo’s videos is that as a race driver, you need both skill and salesmanship to make racing a career so listen carefully to his advice. Also, don’t forget to check out The Business of Being a Race Driver archives for help with the salesmanship part and the Racecraft & Race Cars Roundup archives for the skill part.

In addition to the costs of racing, I also have both a scholarship and shootout you should investigate if you are a young driver looking to maximize your racing budget.

It’s all in this week’s The Business of Being a Race Driver on Motorsport Prospects.

Let’s talk about the elephant in the room. Time to bust some myths.”

Here is how much the ladder system championships cost for both F1 and IndyCar. Prices will vary in the real world due to the reputation of the driver and what the teams include within their budgets, but this gives you some good ballpark figures.”

Here is how much the ladder to becoming a professional sportscar or endurance driver is. Please note that all these prices are dependent on your previous results and the financial situation of the race teams that you approach, but these are ballpark figures and what to expect.”

Muhlner Motorsport LMP3

Mühlner Motorsport are offering holding a 2024 LMP3 Junior Shootout. It will consist of a series of six driver selection days this winter in order to select a driver for the 2024 Prototype Cup Germany aboard their Duqueine D08 for €5000.

  • 200km or 2h in our Duqueine D08 for €5000
  • Each day’s winner is invited to the final in early March
  • The final winner will ride free for the entire PGC season in 2024

The Test Day Sessions are:

  • Barcelona (November 21/22)
  • Portimao (December 14/15)
  • Estoril (January 11/12)
  • Portimao (January 18/19)
  • Valencia (February 26/27)
  • Aragon (February 29/March 1)

For more details go to their Junior Shootout page here:

BRSCC Fiesta Junior Scholarship 2024

If your dream is to become a top racing driver, here’s why you should choose the Official BRSCC Fiesta Junior Championship Scholarship as the first step in launching your racing career.

The British Racing & Sports Car Club has put together an amazing and comprehensive racing scholarship prize package, and with it being hosted by one of the most respected UK motor racing clubs you can be assured that the program is of the highest quality.

There are still Scholarship places available, so don’t delay in securing yours. Full eligibility details, prize package information and the sign-up link can be found below!

ENTER 2024 FIESTA JUNIOR SCHOLARSHIP –…/brscc-fiesta-junior-scholarship…/

Mark Boudreau
Author: Mark Boudreau

Mark is the publisher of Motorsport Prospects. As a former lawyer, he applies his legal background and research skills to assist race drivers by showcasing the resources they need to make their motorsport careers happen.