Quote:
Originally posted by GregAmy:
OK, so answer these basic questions:
- One, has anyone done any marketing or economic studies or polls to find out if running events at LRP with these increased entry fees will be profitable? Will they break even? Will they show a loss? If you've done so, and if you show a loss, do you have a rough idea of how much of a loss?
Car counts determine profitability, there really is no way to predict how many people will show for any particulr event, what makes you show at one event verses another?
every region hopes for 200 at LRP most break even points start around there, less we lose more we profit.
- Two, if you show a loss, can the region(s) afford to absorb that loss until this "situation is solved"? Can or will this be resolved? If no, are we willing to suck it up and pay the price in finitum to "preserve the legacy of Skip Barber?"
Most regions do not have cash reserves, so absorbing a loss will not happen for very long, to answer your questions second part, will you wait out the price of gas or just stop using it? this is quite possibly the price for the near future, I don't like it either.
- Three, if so, does it have the support of the membership?
we won't know until we try, this will be discussed at NER's annual meeting in January.
- Four, are you working towards contacting any other potential track suitors to see what the possibilities are?
do you mean for the purpose of buying the track? or do you mean to sublet?
if it's sublet keep in mind we don't own the dates at the track.
1. Preserve the financial health of the region,
2. Preserve the available track dates at LRP,
3. Preserve the divisional race dates on the SCCA calendar.
you nailed it!
One option to minimize the effects and to preserve the priorities is to sublet the track dates on short-term basis. If you can absorb the losses and you can sublet the track dates, then it might be in the region's best interest to take the losses in order to retain the dates on the track and SCCA calendar.
we will not be pursuing anything like this.
A head-in-the-sand attitude just doesn't cut it, nor does playing the "loyalty" trump card by trying to guilt folks into paying the extra to show up and 'support the cause'.
this is actually what the track believes will happen.
brian m