08-07-2020, 20:42
(08-07-2020, 20:33)Blue Baggie Wrote: Do they do franchises in the states ? Invest $100K in a driver and get a percentage of future winnings ?
Not that I am aware of. Sponsorship money basically puts your name somewhere on the car or racing suit or helmet, the money is used to keep the team running. Prize money, if there is any, I believe at my friends level goes to the team. I would assume once you get further up the ladder that might be different. Jared Andretti is paid by the team I think, my friend is unpaid but drives essentially drives for free. He has reached the level where all the finances get very complicated but as he is a senior at high school he doesn't need income, he needs the exposure.