Originally Posted by
Will Velkoff
Hey John,
You sound very much like myself a few years ago. I graduated Lafayette College with a BSME and ran the FSAE team when I was there.
I hopped into a Club Ford less than a year after graduation, with help from the many good people in the open wheel community.
To give you a quick run down of costs...
I bought my car for 10k. I already had a truck/trailer and a shop to store/work on the car, plus most of the tools I needed.
For a normal season, my budget for running the car (fuel, tires, consumables, transporting to/from the track, hotels, plus some maintenance/upgrades on the car), it's averaged out to about $4500 per season, running 4 regional weekends per year, with $0 crash damage. Also factored into account licensing costs and the cost of the safety gear (helmet, HANS, gloves, shoes, suit)- I keep a spreadsheet over virtually everything I spend.
My second year was an exception as I popped a motor and only ran two races that year, but my budget for the year was $8500 ($4000 spent on the new motor when it was all said and done, plus I did a complete frame off winter rebuild that year (did $500 in replacing all rod ends and hardware alone, plus bead seat, chassis bead blasting/paint, new bellypan, new bead seat etc...).
Motors should last 40 hours before needing a freshening. Running CF I've been able to only do one set of tires per season. I do all my own work on the car prepping and at the track. It's not easy, but very rewarding and it's been a blast. That's the only real way to keep the costs down.
Good luck and hope this helps.
-Will