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Old 12-28-2014, 11:01 PM   #1
zukitek
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Default tentative date for TGPR spring?

i am being asked to put in my vacation dates for 2015. Do we have a date for the spring? I went to TGPRace and didnt see anything nor on the sedivtt site.
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Old 12-29-2014, 01:55 AM   #2
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April 11th and 12th, 2015 for the TGPR TT and School.
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Old 12-29-2014, 10:34 AM   #3
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thanks man.
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Old 12-29-2014, 11:39 AM   #4
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April 11-12 for the Spring event and Oct 2-3 for the Fall one. Pleenty of other TT events also. Reserve Aug 29-30 for Barber as there will be a TT there also.
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Old 01-07-2015, 01:20 PM   #5
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Has anybody talked to Mr. Up recently? I heard there's a sale pending on the place.
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Old 01-10-2015, 08:35 AM   #6
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TGPR is up for sale. How much $$$ does ALSCCA have?

Right now, things are a bit unknown. We are working it.
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Old 01-16-2015, 02:03 PM   #7
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Quote:
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TGPR is up for sale. How much $$$ does ALSCCA have?

Right now, things are a bit unknown. We are working it.
Not enough to buy a race track, but we could get a business loan?

The only hiccup I can foresee is having to actually staff the place and deal with track reservations and basic upkeep.
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Old 01-16-2015, 02:35 PM   #8
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I thought about that but would want a lot of data from Upchurch in order to develop a business plan.
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Old 01-17-2015, 10:53 AM   #9
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Isn't Roebling Road owned and run the local region? They maybe a resource.
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Old 01-18-2015, 03:27 PM   #10
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LOL, Roebling is far from the model you want running your race track. However I think TGPR could be run successfully if the right staff were involved.
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Old 01-19-2015, 01:30 PM   #11
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Does anyone know what the tentative sale price would be? Are we talking 500k or 1.5M?

It would, in all honesty, be a stellar thing for any club, or person to own. I imagine it would only take a few years of events to pay off and be a pretty decent profit generator.

I'm curious as to why they are selling though. Is the track about to need a massive overhaul or something?
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Old 01-19-2015, 02:15 PM   #12
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Sale price is ~$800k. The track is in need of improvements. Total investment to improve the surface and add safety is north of 1.5M. That's a tough sell considering you need $36-40k a month year round to keep it operating profitably.
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Old 01-20-2015, 02:14 PM   #13
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Yeah, but... it doesn't need a repave right away.
$36K-40K a month to be profitable seems way high to me considering the monthly mortgage payment would "only" be ~$4K.
I wonder if that price includes the grounds maintenance equipment and the house.
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Old 01-20-2015, 02:45 PM   #14
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Price does not include house or any surrounding property. Also, if you can find a private equity partner willing to let go of the money for 4k a month I know lots of people interested in the contact. You're looking at a$9k monthly payment plus operating costs. The hard part of running a race track is the variable operating costs are higher than the fixed costs and require a lot of liquidity to keep them going.
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Old 01-20-2015, 03:11 PM   #15
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Ooof!
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Old 01-22-2015, 04:56 PM   #16
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Quote:
Originally Posted by farrout View Post
April 11-12 for the Spring event and Oct 2-3 for the Fall one. Pleenty of other TT events also. Reserve Aug 29-30 for Barber as there will be a TT there also.
Hi Mr Farr, my calendar shows the Oct 2 is a Friday. If all things remain the same with the sale of TGPR, would we do a TT then, or should it read Oct 3-4?

Thanks!
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Old 01-23-2015, 02:22 AM   #17
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The event in the fall is Oct 3-4
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Old 01-23-2015, 02:36 AM   #18
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Roger that.
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