How Big Is Smoky Mountain Speedway? [Expert Guide!]

I don’t know about you guys, but I love going to the races. I mean, who doesn’t like going to see some cars go around in circles for a couple hours? A lot of fun, right?

Unfortunately, track racing is a pretty expensive hobby, especially when you consider all the gear and accessories that you need to have. Some cars can cost a small fortune, and that’s just to enter the damn thing!

Wondering how much all of that costs? We have an answer for you. Thanks to the guys at MyRaceDepartment.com, we can now put a price tag on almost everything related to racing.

The Grand Total

When it comes to track racing, the total cost is usually broken down into three parts; the vehicle, the tires, and the entry fees. Of course, you need the vehicle to begin with, and that will vary in cost based on what kind of car you have. Some Ferraris can cost you a pretty penny, while others will only set you back a couple of thousand dollars.

The tires are a big part of track racing as well, and again, that will depend on what kind of car you have. Good quality tires can cost you a couple of hundred dollars a set, while some tires for low-cost cars can only be found for sale in bulk at a cheaper price. Finally, the entry fees are determined by a variety of factors, including how many cars you want to enter and what time of the year it is. It takes a lot of work to get approved for an IndyCar race, and you will need to have a good amount of money to be able to enter one.

The Entry Fees

There are two types of entry fees that you will need to consider; the license fee and the participation fee. The license fee is what you have to pay to the track to be able to enter the race. This is usually expressed in dollars or pounds, based on where you are. In the UK, for example, the license fee is usually around £270, plus VAT if you’re entering a Ferrari. In the U.S., the same license fee would be around $400, plus sales tax if you’re entering a Ferrari. Your state will have the final say on what fees are charged, so you may have to check with the state motor vehicle agency to see what their policy is regarding this.

The participation fee is what you have to pay the sanctioning body, which will give you entry to the race. The cost of this varies based on what kind of race you’re participating in, but is typically around $100, plus VAT if you’re entering a Ferrari. For example, Formula One charges you a participation fee of $50, plus VAT if you’re entering a Ferrari.

Gear

Aside from the vehicle, the second-most expensive part of track racing is the gear. This is because a lot of it is very specific to the sport, and will only be available from specific manufacturers. Some of the gear that you will need includes a helmet, fire suit, gloves, and boots. These items can all cost you a couple of hundred dollars, if purchased separately. The overall cost of these items can be around $850, plus VAT if you’re entering a Ferrari.

The Travel

The cost of travel to and from the race is very expensive. For international races, you will need to consider shipping your vehicle, which can add another $1000 or more to the overall cost. If you’re renting a vehicle, the cost of gas and parking will eat into your wallet, so be careful where you park and how you travel to and from the track. You will also need to budget for hotel rooms and meals during the race, which can add up considerably.

Insurance

This is probably the most expensive part of owning a race car. Insurance is extremely expensive because a lot of people want to race, and insurance companies don’t want to lose business. To be safe, they make it expensive to own a race car. Depending on your age, you could be looking at a multi-thousand dollar a year insurance bill. The older you are, the more you will need to insure your vehicle.

Trackside Amenities

These are the items that you need to make your stay more comfortable while you’re at the track. Some of them are very basic, like a good pair of headphones, or better yet, disposable headphones. You will also need a place to stay, whether it is a hotel room or an Airbnb. If you’re staying at a hotel, you’ll need a room with an en suite bathroom, or at least a bathroom with a shower. If you’re driving, you will need an area where you can park where you can relax and have some privacy. It is also a good idea to bring something to read or listen to, to make the time pass more quickly while you’re there.

Total Cost:

Let’s add it all up now. We’ll start by considering the cost of the vehicle. Depending on what kind of car you have, this will cost you anywhere from a couple of thousand to a couple of hundred thousand dollars.

After the vehicle, the next-most-expensive part of track racing is the gear. This is because a lot of it is very specific to the sport, and will only be available from specific manufacturers. Some of the gear that you will need includes a helmet, fire suit, gloves, and boots. These items can all cost you a couple of hundred dollars, if purchased separately.

The participation fee is what you have to pay the sanctioning body, which will give you entry to the race. The cost of this varies based on what kind of race you’re participating in, but is typically around $100, plus VAT if you’re entering a Ferrari. For example, Formula One charges you a participation fee of $50, plus VAT if you’re entering a Ferrari.

How Does Track Racing Compare To Other Sports?

The cost of traveling to and from the race is very expensive. For international races, you will need to consider shipping your vehicle, which can add another $1000 or more to the overall cost. If you’re renting a vehicle, the cost of gas and parking will eat into your wallet, so be careful where you park and how you travel to and from the track. You will also need to budget for hotel rooms and meals during the race, which can add up considerably.

When you add all the costs together, it is clear that track racing is a much more expensive hobby than most people think. That being said, it is still a very popular one. If you have the money, it is still a good idea to get into track racing. The fun factor alone will make it worth it!

What is your opinion on the cost of track racing? Do you think that it is worth it? Let us know in the comments below!

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