Official 2012 BMWSG Sepang Track Day Thread
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Racebred
Core Group Members
Re: Official 2012 BMWSG Sepang Track Day Thread
I'd love to support for more track days, for sure.
But I have a very practical question. Let's say demand does fall. After consuming the track session (with little participants), who pay ah?
I mean, I will pay up first at the office to settle the bill, but where will the shortfall come from?
I'd love to support for more track days, for sure.
But I have a very practical question. Let's say demand does fall. After consuming the track session (with little participants), who pay ah?
I mean, I will pay up first at the office to settle the bill, but where will the shortfall come from?
Racebred
Core Group Members
Re: Official 2012 BMWSG Sepang Track Day Thread
ok i've thought about it. once the reserves comes down to 20 cars x 450rm = 9000rm, i'll start rebuilding it by charging more the following td. hopefully price elasticity is not significant. We are currently S$2k above that lower limit.
from the above feedback, we're settling at between 5-6 tds for next year.
ok i've thought about it. once the reserves comes down to 20 cars x 450rm = 9000rm, i'll start rebuilding it by charging more the following td. hopefully price elasticity is not significant. We are currently S$2k above that lower limit.
from the above feedback, we're settling at between 5-6 tds for next year.
Racebred
Core Group Members
Re: Official 2012 BMWSG Sepang Track Day Thread
Opening Balance: S$3,414 + rm5,764
Add Track Fees: (39 x $190) + (2 x $40 + 1 x 100rm)
Less Track Rental: (rm18000) S$7415.76 (exchange rate used is 2.427)
Closing Balance: S$3,489 + rm5,864
I have included one participant's $190 for simplicity although I havent received it yet.
Opening Balance: S$3,414 + rm5,764
Add Track Fees: (39 x $190) + (2 x $40 + 1 x 100rm)
Less Track Rental: (rm18000) S$7415.76 (exchange rate used is 2.427)
Closing Balance: S$3,489 + rm5,864
I have included one participant's $190 for simplicity although I havent received it yet.
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Racebred
Core Group Members
Re: Official 2012 BMWSG Sepang Track Day Thread
For 2013 track bookings, I have requested and managed to get 5 weekend morning dates. I have tried to spread them out in a 2-3 month regular interval, I have however gotten April (instead of late Feb or Early Mar for the first date), May, July, Sept, Nov.
My thought process:
Since our last session in 2012 is in Dec,
in 2013 Jan is out, Feb is out due to CNY (15 days of it), and Mar is F1.
April is too close to May our second session.
Thus, taking into consideration the change in demand trend of our track days, the next most logical solution is to take the April 7 Sun morning date, and drop the May 4th sat morning date. Making our booking a total of 4 sessions for 2013 (instead of 5)
I've gone through the year's calendar over and over again, and this seems to be the most logical way to book our track days for 2013.
So, subject to the confirmation of the racing calendar, our tentative booked dates are
April 7th
May 4th (which i intend to drop)
Jul 6th
Sep 14th
Nov 9th
For 2013 track bookings, I have requested and managed to get 5 weekend morning dates. I have tried to spread them out in a 2-3 month regular interval, I have however gotten April (instead of late Feb or Early Mar for the first date), May, July, Sept, Nov.
My thought process:
Since our last session in 2012 is in Dec,
in 2013 Jan is out, Feb is out due to CNY (15 days of it), and Mar is F1.
April is too close to May our second session.
Thus, taking into consideration the change in demand trend of our track days, the next most logical solution is to take the April 7 Sun morning date, and drop the May 4th sat morning date. Making our booking a total of 4 sessions for 2013 (instead of 5)
I've gone through the year's calendar over and over again, and this seems to be the most logical way to book our track days for 2013.
So, subject to the confirmation of the racing calendar, our tentative booked dates are
April 7th
May 4th (which i intend to drop)
Jul 6th
Sep 14th
Nov 9th
Elite
Well-Known Member
Re: Official 2012 BMWSG Sepang Track Day Thread
Why not keep the May date as a low volume TD for those interested ? Don't mind paying a bit more for low volume.
And wow -- there will be a 4+ month gap between the last TD in Dec 2012 and the first TD in Apr 2013 ! Gotta find a way to prevent being rusty ...
Why not keep the May date as a low volume TD for those interested ? Don't mind paying a bit more for low volume.
And wow -- there will be a 4+ month gap between the last TD in Dec 2012 and the first TD in Apr 2013 ! Gotta find a way to prevent being rusty ...
Racebred
Core Group Members
Re: Official 2012 BMWSG Sepang Track Day Thread
Question is, what constitutes low volume? Presently we have a few low 30s turnout track days. How did these feel?
We only have enough funds to tahan half a trackday, so once committed, we have to stick to it. My concern is, how do I balance the books.
Let's say low volume = 20 cars. This means each car is rm1200. If have market, plus commitment, perhaps I can take a 50% deposit first, then I can keep the may date. If not, my default is to give it up.
I'd confirm the 2013 dates by aug 19. So we can use the time now to repare and commit to the low volume may4 date.
Question is, what constitutes low volume? Presently we have a few low 30s turnout track days. How did these feel?
We only have enough funds to tahan half a trackday, so once committed, we have to stick to it. My concern is, how do I balance the books.
Let's say low volume = 20 cars. This means each car is rm1200. If have market, plus commitment, perhaps I can take a 50% deposit first, then I can keep the may date. If not, my default is to give it up.
I'd confirm the 2013 dates by aug 19. So we can use the time now to repare and commit to the low volume may4 date.
Racebred
Core Group Members
Re: Official 2012 BMWSG Sepang Track Day Thread
Unfortunately the 2013 cny plus formula 1 really makes it difficult to get a logical date based on our last 2012 td being in december. So, I have planned *really* ahead to make our last 2013 td in november considering the 2014 cny is likely to be on 31 jan 2014. Thus, we can aim for mid jan 2014, or end feb 2014 for a logical spread.
Planning for td is headache.
Elite;854884 said:
Unfortunately the 2013 cny plus formula 1 really makes it difficult to get a logical date based on our last 2012 td being in december. So, I have planned *really* ahead to make our last 2013 td in november considering the 2014 cny is likely to be on 31 jan 2014. Thus, we can aim for mid jan 2014, or end feb 2014 for a logical spread.
Planning for td is headache.
Racebred
Core Group Members
Re: Official 2012 BMWSG Sepang Track Day Thread
Opening Balance: S$3,489 + rm5,864
Add Track Fees: (S$180 x 38 ) + (S$40 x 4) + (rm450 x 2)
Less Track Rental: (rm18000 = S$7324.80 @ 2.457)
Closing Balance: S$3164 + rm6764
Also, I managed to get a January date for 2013. So as it turns out, we could have 5 track days in 2013: Jan, Apr, Jul, Sep, Nov. Finalisation of dates will be announced when I confirm their quotation. Pls be advised track rental is now rm24k per 3-hour session. And thus expect your track days in 2013 to cost rm24k/40 = rm600 per car.
Opening Balance: S$3,489 + rm5,864
Add Track Fees: (S$180 x 38 ) + (S$40 x 4) + (rm450 x 2)
Less Track Rental: (rm18000 = S$7324.80 @ 2.457)
Closing Balance: S$3164 + rm6764
Also, I managed to get a January date for 2013. So as it turns out, we could have 5 track days in 2013: Jan, Apr, Jul, Sep, Nov. Finalisation of dates will be announced when I confirm their quotation. Pls be advised track rental is now rm24k per 3-hour session. And thus expect your track days in 2013 to cost rm24k/40 = rm600 per car.
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