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Today I have decided to go public with an idea I have been working for the past few months.
Dirt Track Racing - "Late Model Bitcoin Car"
I have always been interested in NASCAR racing and pretty much anything on payment, until I went to a local dirt track. Dirt track racing is taking off like no tomorrow and it actually being featured on NASCAR races! Now, you may be saying "Are you nuts to try and get Bitcoin to sponsor you a car to race?". No, my idea is not stupid, or anything. It's a dream that will come true soon.
The average NASCAR stock car costs around $150,000 (258BTC)
The average dirt track Late Model costs around $30,000 (52BTC)
My goal is to raise around 75BTC to get a fully-sponsored Bitcoin car onto the track, and possibly tour nationwide with the World of Outlaws Late Model series (Sponsored by Craftsman).
Here is a basic-sketch of what the car *could* look like:
Overall, the car and price is not all that expensive, i will break it down piece by piece:
Rocket Chassis (Rollcage) - $6,000 - 10.29BTC
Late Model Engine - $8,000 - 13.72BTC
Racing Transmission - $4,000 - 6.86BTC
Total Amount Average - $18,000 - 30.88BTC
Safety Gear
Bell Helmet - $1,200 - 2.06BTC
HANS Device - $600 - 1.03BTC
Simpson Firesuit - $900 - 1.54BTC
Fire Racing Gloves - $40 - 0.07BTC
Fire Racing Shoes - $80 - 0.14BTC
Total Amount Average - $2,820 - 4.84BTC
Racing Equipment
Raceiver (Radio) - $100 - 0.17BTC
Raceiver Transponder - $300 - 0.51BTC
Hauling Trailer - $6,000 - 10.29BTC
Membership Fees - $300 - 0.51BTC
Total Amount Average - $6,700 - 11.49BTC
Overall Average Price - $27,520 - 47.20BTC
Excluded was weekly pit fees, gas to get to the tracks and to race, plus tires and tools (like jacks and such).
On a weekly basis nearly 6,000 people would see the car, plus online photos would include the car (like Facebook, YouTube, and the track websites). However if this car would go into a World of Outlaw event, there would be much more people seeing the car including on a live stream hosted by DirtOnDirt and DirtVision.
A way to get the fans included into Bitcoin was I thinking of making $1 wallets, and handing out QR code slips of paper. Then after the fans leave the track, they can redeem them through CoinBase or something and get them interested into it. When they see that $1 become $1.50 per say, that will spark their influence.
I honestly think this is something that could turn out great, and the car would be pulling in anywhere from $400/week to $4,000/week. But all that money would be put back into the racecar or to take it out further nationwide.
Let me know your thoughts everyone, but please don't try and stomp on my dreams because it won't happen
