@@jdubz22 even he was lucky, had so many visits from bailiffs he was on 1st name terms with them he says in his book, even though they had 7up as title sponsors they had massive debts up until Sasol & yamaha came on board
@Matt man Being in F1 is probably the ONLY way to become a millionaire in racing. And considering they're like the top 0.01% of racing drivers, the lowest paid drivers make only like $200k/yr. So you have to be the best of the best. Plus their road to F1 would have cost them, according to Toto Wolff, $8 million minimum even for the talented drivers that did very well in the lower series'. That's the cost of everything from karting through all the lower formulas. And then if you lose your seat after a year or 2 you wouldn't even make it all back. And that's at minimum for a talented driver with good sponsorship, if you're Lance Stroll... Well. It cost his father an estimated $80 million for his seat.
Wow how times have changed. In 2000, myself and 3 other racing friends did the N24 in a Caterham 7 for about £2000 each. We all had International Class C license, that was all that was required. I had done an open pit lane event the year before, the others hadn’t even been there! We got bumped into a faster class - lack of entries in ours - and Finished 3rd in class. Started 207th finished 94th. Absolutely terrifying but what memories. We returned the year after better equipped, bumped up a class again... and finished 3rd in class again. I started both races, the first lap with tears streaming down my face, I couldn’t believe I was there. Both times 24 hours later, the car owner was doing the same. Even today I still get emotional thinking back to those races... the screen has gone all blurry now 😂
Caterhams are great aren't they, years ago I did a track day at Oulton park using a 1600 championship car with an instructor showing us the lines, that was one of my best days ever, and they are fkn quick when driven properly :) .There are plenty of yt videos showing 7s putting bigger more expensive cars to shame on many tracks.
I dont know why anyone would race with a solid axle but; yes indeed if anyone can finish a race with that handy cap my god hats off to you! I too would have tears of joy lol. Bloody good one!
No wonder street racing is the more preferrable choice.... Legal racing is just too expensive that only the elite could be able to do it Guess I'll take the street racing path then
Well if a country didn't want that they could just support motor sport, to make it possible for younger (forcibly poorer) ppl to go for it... but they don't so here they go.
I tell you what though, after all the hard work and money spent, the first time you get on the top step of the podium makes it all seem worth it. It’s still not worth it, mind, but it does seem like it for a short while.
I tried to race once, but it was too much hassle and expensive to pay for it on my own and it felt like paying to work hard at the gym... or even paying to work!!
@Matt man Not my fault, no one's willing to pay me a salary so that I can afford these racing prices, and even if I had that money I'd probably spend it in something else more sensible and important for me, not in burning fuel around a race track!
@Matt manA very long time ago I tried to get into motorcycle racing in a national championship in my country but it's not as easy as you think to convince people and build a team to help you when you're just starting up... unless you throw lots of money at it/them! Their answer when I showed my proposal and even offered my motorcycle for racing and sponsor the dealership was that the weekends are for the family, not for racing around the country!!
Such a valuable info. I didn't knew about the costs 8 years back and signed up for a season of Polo R Cup in India. Entire thing costed me around $19k which was Huge for me. Then I met racers competing in international series easily spending $500k. Yes, dreams were crushed after knowing the motorsport industry but I created lot of memories during that season. It was definitely worth it.
It’s videos like these that are used by many a married man in rationalising the purchase of a DD2 and motion cockpit to their wives. You’re doing gods work my friend.
i just pulled out my phone and installed real racing, just pulled to the side to add this comment.... man steering with my 2inch screen in the air is exhilarating, all i need is a person either side of me blowing in my face
This is a reason why i do respect Ocon, he is one of the few that made it to F1 without being born into big money. His family sold everything and gave everything for it. Everyone knows this about Hamilton cause he told this story off course many times, and i agree with him that it should be made possible to be a pro driver if you have the talent to go fast. But yeah i know things arent as simple as that.
Stephen E Nah the price is cheap for a reason. I bet you wouldn’t want to live there if you’re a guy who need to go to the workplace on a daily basis and occasionally go for tack days.
German here, the land would cost min. 100k, even more. We build our houses with stone, so plus min. 100k-150k for a small house. Oh man, it's not cheap :/
That’s a bit of a stretch.. I race kz fairly competitively and don’t spend near that much. I understand it’s not cheap to be at the top level. traveling to nationals and renting a spot under a tent can suck up some cash but not 100k a season.
@@bodinski100 I heard from someone who knew Marcus Armstrong (Ferrari Junior Academy driver in F3 now) say that $100k (NZD) so around 50k euro was spent in just a weekend racing for a factory kart team (Tony Kart) in Europe.
Thank you so much for this video Misha! Racing has been a dream of mine since childhood and your breakdown of the steps required is extremely valuable, I never thought it could realistically be in reach for anyone dedicated & willing to sacrifice enough. I hope to fulfill my dream one day.
You can buy a bit more expensive insurarance and pay $4,000 depending on the car. The problem is that someone could cause you to go into a barrier and you still have to pay that, even if it wasn't your fault.
@@kapilbusawah7169 why would insurance pay for your fault? They are a business out to make profit. It’s simple.... you crash you pay. If you don’t want to pay then don’t risk it.
especially at the Nürburgring bro, basically any mistake you make is instantly followed by totaling your car. I would never ever in a million years get started in racing at that place.
Brilliant and interesting video, thanks for making this one! Cannot wait to have my car all put back together again and hopefully see you at the Nurburgring next summer!
Becoming a factory driver must be the biggest relieve ever. Getting salary and let others cover the costs after not getting salary and cover all costs by yourself..
Tbh you probably spent waaaay more getting to be a factory driver than you will ever get paid/ compensated, AND you have to worry quite a lot on performing or you will lose your job as it is a very competitive market. (But most factory drivers would have a comfortable life without a job)
I’m a bit late to the party, but great video Misha! What would be very interesting to me (especially since I live nearby) is the cost of casual racing with an annual ticket. What I mean by that is not the price of the ticket, but additional hidden costs like tires, exchange parts or higher maintenance of your own car as I feel like this is what the majority of people are interested in
So true. I watched co-workers project cars just vanish the second they hooked up with someone. What's really sad is they know they fucked up too, and you can't roll the clock back. Glad I knew from a young age to avoid marriage. Vary rarely does it end up working out for both parties.
Haha don't marry a lazy ass housewife without career or money. I raced streetbikes before I met her and have graduated to racecars with her income added. We're working on our 12th year together. So many sad men out there marrying useless women
you are so right..i have driven many fast cars on the nordschleife..but i had the most fun with my custom made Smart car..600 kg,tuned to 120 PS.. tiptronic..Tarox brake kits / different springs..it was such a fun...and minimal costs..you dont need a porsche to have fun
LMAO! I remember reading an article explaining the whole fiasco, but that proves the whole point so much stronger. Cars alone just to get to work is a heavily depreciating asset and basically a waste of money for everyone not just racers. Racing takes the same thing but to a whole new level of money loss.
SI0AX I think its more so of an asset thats being eroded by manipulators of the global economy tbh. If more people could afford to go racing i think they would. They’d also spend on other things thatll get them out the house instead of drugs and alcohol.
@@Dubz0408 there are also people that use the extra money to get more drugs and booze. I think, honestly, i may even be inelastic (you Will consume pretty much tha same wether you can afford It or not). At the end of the day... Thats the sad thing about addictions
+€100,000 or +$112,000. No wonder why wealthy families are the only ones who can stick around in racing. Goes to show just one of the disadvantages Hamilton overcame in his career!
Today you can be also become a racing driver through Sim Racing. Only problem, the competition is extremely high, because nearly everybody can buy a Sim Rig and race.
Misha you stay true throughout and keep it real. Thanks alot for this video it contains info and details that noone would ever know unless he spent all this money and probably would never share. Also I appreciate you as a person as during my preparations to visit the ring you helped me alot with details I was asking you through messages and always found the time to reply knowing that your a busy man as you are. Thanks keep it up 💪💪
I was shocked by the €900 price for a track day, but then I remembered I pay $100 for a track day on my local 1.3 mile track. That €900 is actually quite reasonable, once put in perspective
I think one of the least expensive racing type is the AutoCross. Here in Europe you can attend one race with something like: - Fee - 50€; - Gasoline - 50-100 €, depending where the event is; - Equipment ?? costs a lot, but you only pay once. ~ 200 €. - Medical visa and club fees, about 100 € per year. - Car mechanical Wear , again depends per car, i drive an MX5 so its pretty cheap. So if you have one race per month lets say you can attend with 200€/ month. That is attending, not being competitive. winning races is another story and you need alot of money to make your car competitive. Yes, even a spprts car like a miata.
Misha, I think this is your best video till the date ! My expreience is TF since 2000 every summer at the Ring and also some historic racing in Finland. Tf at the Ring have been changed a lot during the years... nowadays I would most likely do only track days etc.. for a reason..
Thanks for a particularly interesting and well presented video. Personally, I just stick to driving my own car on deserted roads at night, and making sure I don't crash it!
That's why you start young in carting or other actually cheap and affordable classes then you get sponsors. I'm pretty sure if you go financing your own racing gig your doing it wrong.
If you want the best bang for your buck (lowest laptime for lowest cost) forget car racing or even motorbike racing, nothing beats 125 superkart racing, £5000 per season arrive and drive and lap times that would destroy a BMW 235i on tight circuits, at cadwell, they are only 2 seconds off the superbikes. After a year of 125 you can also do 250cc superkart which will match full GT3 cars for laptime at tight circuits for only £10-15k season vs 1-1.5 million for GT3 season. The sensation of speed of driving a superkart with your butt just off the ground, the wind in your face at 120mph and cornering at 2G is unmatched!
Hahaha this is awesome thanks Misha. Of course a cheaper way into racing is just to do it locally at a local track. Here I can do ‘sprints’ (time attack) through my local drivers club (affiliated to the national body) with a cheaper licence using my own road car, for a couple thousand a year, which is mainly brakes and tyres. Because it’s not ‘door-to-door’ racing the car doesn’t have to have a cage inside and features like that. There’s also ‘gymkhana’ style events (great for learning car control) and hill climb. A cheap used Mazda MX5 (miata) or a Toyota 86 / Subie BRZ is an ideal car for this sort of thing, affordable (ish), road registerable, and easily upgradable in the areas which count (tyres brakes suspension). Plus, you get a nice little toy for the mountains on non event weekends.
Hans is pretty much mandatory in the USA, everywhere I've raced Road & Oval has required it. They do let you get by with the cheaper "sportsman" version. Usually about $450 compared to $1k+
Are you planning on trying to do the N24 this year Misha, and if so - will there be a crowdfunding campaign again? Would love to help you out, even if it's just a little bit :)
I went to the Nurburgring once, with my Honda Civic Type R, and it was an experience I will never forget. Now half a year later, I am still thinking about it, and hopefully going there again soon. Misha is right, you should do it because you want to and because you can afford it.
: *My hopes and dreams have happily joined the Chat! : *My wife; Aight, Imma head out! : *My bank account has blocked me and logged off! * ⚠️ *ERROR* ⚠️
I feel like doing the opposite right now... but that probably has more to do with the fact that I've never been with a woman... and I've sent so much money and time on repairing and modifying cars(way more than a years worth of my wage) that I wouldn't mind getting a spoiled rich daddy's girl who is a total bitch as a girlfriend and blowing a lot of money and dealing with her problems because I feel that the stuff I've been through cars is so expensive and stressing that a girl that does the same will be no problem for me. lol
Как всегда спасибо за интересное и качественное видео! Немного расстраивают даже такие цифры, хоть это и ожидаемо... Удачи тебе в новом сезоне, береги себя и машину)
@@981porsche3 Where I could see why one might think that, nope. Because karting tracks are largely managed by clubs, rather than run by businesses, they can have lower track dues and requires less overhead to run. For example, my home track of PSGKA has a daily use fee of $10 to use the track all day. If I do 100 laps of practice, that comes out to 10 cents per lap. Even more "expensive" tracks that cost $50 or $70 per day, equate to cents on the dollar per lap. With a set of tires costing $250, and a smaller scale for fuel and everything else, you can't be karting for cost per lap (and a good two stroke kart can hold up to 3G in the corner laterally and do 70+ mph on a sprint track, inches from the ground.) Endurance racing is affordable, yeah, but that's largely because the costs are split up between multiple drivers. So yeah, it seems cheap, but you're not getting as much seat time as you think, in a car that's normally not yours, or you only partially own, etc.
Davin Sturdivant, but how much is racing in karting? How much per lap in practice seems pretty cheap, but there is a lot more cost than track time. What do you estimate the total cost is? I can do 5-6 hours of a 24 hour sports car race at a world-class track for $1200 + cost to get to the track and back. Granted, I already have gear. How much per hour does it work out to?
@@981porsche3 Equally in expensive. Entry fees for races are between $50 to $200 per event, where you have plenty of heats and large fields. Look, I've done plenty of kart racing and some car racing, and it looks like you've never been in a kart. You can't beat the amount of available seat time per year, than in kart. Period. You just don't get to race an M4, when you're kart racing.
Davin Sturdivant, yeah, you’re probably right then. Seems like karting is the cheapest real racing around. You’re right, I’ve never done kart racing (except a couple times at one of those small indoor places). I do have years of experience sports car racing though-sprint and endurance. Thanks for the perspective 👍🏻
Hey Misha, just a video idea. I'm curious about what it takes to become a factory driver, there's not a lot of documentation and not a lot of people who know factory/test drivers. No idea if that would bring in views, but just leaving the idea for the taking.
Being a factory driver requires a few things. First, Talent. Second, money and lots of it. You can't show your talent unless you're driving expensive cars in expensive series. Third - connections. If you know the right people, and have the right combination of talent/money, maybe you'll get a drive. There are few (almost none at all) professional drivers who came from nothing. Just to race a cadet kart requires two working class parents to sacrifice their salary. Unfortunately motorsport is not like football, where a young kid from the slums can make it big. You need to be bankrolled pretty much from your early teens to stand a chance. However - If you're a millionaire, skill is irrelevant. You can buy your way straight into Blancpain GT, top tier formula series and even Le Mans/F1 if you have a little skill. Not being bitter, it's just the reality of this sport.
@@RichieSpeed My experience is, that in Germany, if a young driver can drive and does not crash cars then he, or she, will be offered paid drives in competitive cars. If you are a "pilot", you can always find owners who will let you drive their cars. Contrary to your assertion, skill is very relevant, rich pay per ride drivers don't win championships. Racing is about winning.
@@uberseehandel You'll have to show me some examples. Just to become a driver at club level requires many thousands of euros/pounds. So, just to get in a car, even an old E36 BMW, will cost you maybe £3,000 just to hire one, do a test and a race. If you want to own one, maybe you need £5,000 + all the additional costs to race = season budget of something between £12,000 - £15,000. How many average class people earning between £20k-40k per year have a spare £12,000 in cash, as well as renting/living in a house and paying the bills? This is a huge amount of money and only gets you in an average car, running without a team or support. Lets say you find the £12k you need to run a "poor person" race season. And you're so good, you get top 3 overall in your first ever season, against 40+ other drivers including multiple champions and rich kids coming up from karting on 10x your budget. Who is going to offer you a drive in a £100,xxx GT car? When has this ever happened? I've raced with literally hundreds of club drivers, including some who are absolutely 100% good enough to win at international level, none of them ever got offered a drive. Some already had money and moved on from club racing. Those who didn't have money either still club race, or quit and spent money on family life. The idea that you can earn a drive with professional teams just by driving fast and not crashing is far from reality unless you have some great friends in high places in the motorsport world.
@@RichieSpeed You get friends in high places in the automotive world by not crashing. I have the advantage over you, I ran a Porsche Supercup team (the ones you see on F1 weekends) for a couple of seasons. None of our drivers paid, and most of them worked as mechanics to fund their living costs. They drove to eat. They were working class boys and girls. Based on my own personal experience, in Germany, once car manufacturers and tuners knew that you are a "pilot", then they will offer you cars to drive. They know you will talk to your acquaintances and friends about the car's virtues (and failings). If you have languages, you may even get asked to help with the launch of a new model. The major German manufacturers have some world class drivers working on their Driver Education programs. These folk recognise the fast reliable drivers, and tell their bosses and colleagues who they have noticed.
Great video Misha. Damn man, I had no idea you spent that kind of money to go racing this year. That's nuts. I hope Robert paid you really well this past year. ;-)
Put it this way, here in NZ and AUS, we have V8 supercars.check this out... The car itself is about 310,000$ . That's with no engine.... The engine is about 95,000$+ They usually race in teams, so that would be 2 cars. Plus a backup car. 620,000 for 2 cars without engines.... I can't even afford a tire for one of these cars. 900-1300 per tire. Then to get the racing licences, a truck to carry the cars, a team for pitstops ect. I mean, even racing is illuminati. Us normal people spend to much time watching things wel never get a chance to do ourselfs. It's quite dimeaning. The world needs a big change. No one can start a decent career in anything unless your dad has billions.... It's kind of a sad reality. How money, literally, is the one thing that stops everyone from doing the things they dream of. If you are rich, and your reading this, take a moment to realise that, there's no fucking need for it... Hand out some money to thoughts in need. No one deserves to have millions. We all sin. We all play our part in fucking the planet in the ass. We all know about the people in Africa with no food. We all know... Even the rich cunts. Dreams....... To be shattered because of $ As I say, it's a pretty fucking sad world.
Here in london, that's a decently sized house with something most people don't get (a garage) for the price of buying a tiny flat in a bad neighborhood looooool
Do not be discouraged by this video, this is definitely some high cost entry level stuff. There are probably way cheaper races in your country. You surely do not need a newer car, a team for hire or that expensive of safety gear. Motorsports cost money, and unfortunately this is a really expensive hobby but there are loads of ways to keep the costs down and race for fun
"Racing will make you a millionaire - providing you started as a billionare"
"How to make a small fortune in racing, start with a big one" (Common one here in the U.S.)
Good one :)
which one?
Great and accurate statement.
@@madanielk6526 the main one, but basically then also the second :)
As Eddie Jordan said 'the only way to become a millionaire in motorsport is to start as a billionaire'
Or just be Eddie Jordan... the man that can make anything work
@@jdubz22 even he was lucky, had so many visits from bailiffs he was on 1st name terms with them he says in his book, even though they had 7up as title sponsors they had massive debts up until Sasol & yamaha came on board
@Matt man Being in F1 is probably the ONLY way to become a millionaire in racing. And considering they're like the top 0.01% of racing drivers, the lowest paid drivers make only like $200k/yr. So you have to be the best of the best. Plus their road to F1 would have cost them, according to Toto Wolff, $8 million minimum even for the talented drivers that did very well in the lower series'. That's the cost of everything from karting through all the lower formulas. And then if you lose your seat after a year or 2 you wouldn't even make it all back.
And that's at minimum for a talented driver with good sponsorship, if you're Lance Stroll... Well. It cost his father an estimated $80 million for his seat.
Forget who said it but also “I know there is money in racing, I have spent a lot doing it”
Tommy L there sure is money in it, but you’re better off selling the equipment, tires, race gas, etc..
My wife says its madness me spending £175 for a trackday, i think i should send her this video lol
Hamaad Raja still cheaper than the shoes she will buy at 80% off ;)
That's cheap. My last trackday cost me $10000 (NZ$). My engine overheated and seized up... :(
@@MaddmattH RIP
I usually may 150-350 depending on the track and depending on the day. And I only go once a month, so very cheap.
That's why I street race, cheaper
Wow how times have changed. In 2000, myself and 3 other racing friends did the N24 in a Caterham 7 for about £2000 each. We all had International Class C license, that was all that was required. I had done an open pit lane event the year before, the others hadn’t even been there! We got bumped into a faster class - lack of entries in ours - and Finished 3rd in class. Started 207th finished 94th. Absolutely terrifying but what memories.
We returned the year after better equipped, bumped up a class again... and finished 3rd in class again. I started both races, the first lap with tears streaming down my face, I couldn’t believe I was there. Both times 24 hours later, the car owner was doing the same.
Even today I still get emotional thinking back to those races... the screen has gone all blurry now 😂
That's cool man
Sniffly Tooth awesome story dude really appreciate you taking the time to write this down!! Do you have any video videos
Dont it just...
Caterhams are great aren't they, years ago I did a track day at Oulton park using a 1600 championship car with an instructor showing us the lines, that was one of my best days ever, and they are fkn quick when driven properly :) .There are plenty of yt videos showing 7s putting bigger more expensive cars to shame on many tracks.
I dont know why anyone would race with a solid axle but; yes indeed if anyone can finish a race with that handy cap my god hats off to you! I too would have tears of joy lol. Bloody good one!
20€ for Assetto Corsa, 300€ for a PC wheel set, 100€ for a racing seat... for 450€ you can be a "racer on the internet" :P
Can't blame!
300€ PC what 😂 no Way. More like 1300€
@@Hessenspotter 300€ for the wheel set
@@Hessenspotter L2Read
Legit alternative or go carting
Racing in “Mexico” is always free provided you have your own vehicle.
Pretty sure cartels have more expensive and faster cars.
Crooked cops are everywhere, even here in the states.
Nigga what???
@@leviSyosef chill bro
@@leviSyosef driving in the USA but saying the footage was recorded in "Mexico"
Or you “ Borrow “ a friends car
No wonder street racing is the more preferrable choice....
Legal racing is just too expensive that only the elite could be able to do it
Guess I'll take the street racing path then
Well if a country didn't want that they could just support motor sport, to make it possible for younger (forcibly poorer) ppl to go for it... but they don't so here they go.
Hasn't it always been like that? Started as an elite sport and it's still expensive. Maybe that's why people still race karts.
Check out kart racing, still expansive
Motorcycles are affordable though
@@1RVDB Surely it'll always cost money but probably it's the least expensive.
I'll just stick to playing Forza and racing games in my comfortable air conditioned room :)
Look at this rich guy over here, being able to afford air conditioning.
I tell you what though, after all the hard work and money spent, the first time you get on the top step of the podium makes it all seem worth it.
It’s still not worth it, mind, but it does seem like it for a short while.
I tried to race once, but it was too much hassle and expensive to pay for it on my own and it felt like paying to work hard at the gym... or even paying to work!!
@Matt man Not my fault, no one's willing to pay me a salary so that I can afford these racing prices, and even if I had that money I'd probably spend it in something else more sensible and important for me, not in burning fuel around a race track!
@Matt manA very long time ago I tried to get into motorcycle racing in a national championship in my country but it's not as easy as you think to convince people and build a team to help you when you're just starting up... unless you throw lots of money at it/them!
Their answer when I showed my proposal and even offered my motorcycle for racing and sponsor the dealership was that the weekends are for the family, not for racing around the country!!
Such a valuable info. I didn't knew about the costs 8 years back and signed up for a season of Polo R Cup in India. Entire thing costed me around $19k which was Huge for me. Then I met racers competing in international series easily spending $500k. Yes, dreams were crushed after knowing the motorsport industry but I created lot of memories during that season. It was definitely worth it.
Want me to save you 13 minutes?
*Ya can't afford it.*
My dad is a millionare, im pretty sure i can.
@@cinota1704 i was just kidding, i wanted to see what people would say
Even if I could afford it I wouldn't do it!
@@PrimiusLovin why not
@@roymendoza530 bc primius loves his prius 🤣
Thanks for the honest breakdown. Racing channels rarely ever talk about the money involved or the requirements.
Kinda like how drug dealers never talk about how costly your habit is going to become!
It’s videos like these that are used by many a married man in rationalising the purchase of a DD2 and motion cockpit to their wives.
You’re doing gods work my friend.
😂😂😂🙌🏻
Thanks for the advice, i might consider doing it that way :D
😂🤣
Even better if the missus can't drive, you can use the excuse that you're teaching her to drive. 😂😂😂
Purchase a DD2 and a motion cockpit FOR your wife. She'll be "thrilled" and you will experience a night unlike ANY other! 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
I stopped the video halfway through and just installed Assetto Corsa again...
i just pulled out my phone and installed real racing, just pulled to the side to add this comment.... man steering with my 2inch screen in the air is exhilarating, all i need is a person either side of me blowing in my face
Why not gran turismo?
@@OldManePeace cause Assetto Corsa is a lot better lmao
@@OldManePeace i would love to do grand turismo but i have the g920 and a PS4 and PC not a Xbox but one day I will try GT
@@jeffrey3530 hey mate, the gran turismo series are for playstation consoles :)
This is a reason why i do respect Ocon, he is one of the few that made it to F1 without being born into big money. His family sold everything and gave everything for it. Everyone knows this about Hamilton cause he told this story off course many times, and i agree with him that it should be made possible to be a pro driver if you have the talent to go fast. But yeah i know things arent as simple as that.
I’ll just stick to racing my 70cc tuned scooter.
Deurlii what is top speed -+110 km??
Against what, a muscular guy on a bike
Mobility scooter racing league...
Summary: Buy a house near the Ring for 50,000 euros, and then just drive the road for fun whenever you want for a cheap fee.
Stephen E Nah the price is cheap for a reason. I bet you wouldn’t want to live there if you’re a guy who need to go to the workplace on a daily basis and occasionally go for tack days.
Actually NO, if you crash you pay, and pay, and pay.
Adrian Tsui as a vacation property 50k is dirt cheap tho...
German here, the land would cost min. 100k, even more. We build our houses with stone, so plus min. 100k-150k for a small house. Oh man, it's not cheap :/
@@mohammadwasilliterate8037 Uhm... no it's not?
the real reason why racing simulators are so popular
This makes spending $15-20k on an insanely amazing full motion enabled sim rig sound like an absolute bargain.
If it's good enough for Lando Norris..
Still, I'd better have the best adjustable setup for that price
Uk cadet karting...10 year olds...are blowing £100k a year on a 60cc engine and a 60kg kart....motorsport is expensive.period
If it has wheels it will brake you
On what? Travelcosts?
That’s a bit of a stretch.. I race kz fairly competitively and don’t spend near that much. I understand it’s not cheap to be at the top level. traveling to nationals and renting a spot under a tent can suck up some cash but not 100k a season.
@@coltincraigo5007 i can guarantee you that there are parents spending that wedge on their kids in the uk. Crazy
@@bodinski100 I heard from someone who knew Marcus Armstrong (Ferrari Junior Academy driver in F3 now) say that $100k (NZD) so around 50k euro was spent in just a weekend racing for a factory kart team (Tony Kart) in Europe.
Parents: don't do drugs
Micha: just do drugs
😆😆😆
I laughed out loud
@@fabianspec_exe yea me too
Hahaha yeah let your kids do drugs, don’t race cars, I lol’d literally.
or build lego technic, thats expensive too
i laughed for 10 mins... because im on drugs
Nice one Misha, on point as ever, well done racing at the Nurburgring is what you set to do all those years ago and now you have made it happen.
I warn you though: Racing is as addictive as crack but more expensive. (Old racing joke...but it is actually true)
And dangerous, could be lethal.
So whats the different xd
@Saku At one point, it became so bad it was almost suicide.
I still wish I blew my money on cocaine and hookers instead of my car lol
Thank you so much for this video Misha! Racing has been a dream of mine since childhood and your breakdown of the steps required is extremely valuable, I never thought it could realistically be in reach for anyone dedicated & willing to sacrifice enough. I hope to fulfill my dream one day.
I would never be able to drive ten tenths knowing a prang with the barrier is going to cost 8000 insurance + 2000 towing costs
You can buy a bit more expensive insurarance and pay $4,000 depending on the car. The problem is that someone could cause you to go into a barrier and you still have to pay that, even if it wasn't your fault.
SI0AX why doesn't their insurance pay?
@@kapilbusawah7169 they do, thats why its just 8k for you
@@kapilbusawah7169 why would insurance pay for your fault? They are a business out to make profit.
It’s simple.... you crash you pay.
If you don’t want to pay then don’t risk it.
I recently had a quick look at Michael Fassbender's Road to LeMans Series. I just left a comment saying " Step one, Be Rich " . Yup
I'll stick to the odd open pit lane event I think, see you in March Misha, I'm booked into the Apex hotel!
especially at the Nürburgring bro, basically any mistake you make is instantly followed by totaling your car. I would never ever in a million years get started in racing at that place.
Very nice explanation of al the costs involved! Thank you! :)
Misha just like i said to the chavs in the car parks:
"Burn clutch not rubber...have you seen the tyre prices lately!"
Brilliant and interesting video, thanks for making this one! Cannot wait to have my car all put back together again and hopefully see you at the Nurburgring next summer!
Becoming a factory driver must be the biggest relieve ever. Getting salary and let others cover the costs after not getting salary and cover all costs by yourself..
Tbh you probably spent waaaay more getting to be a factory driver than you will ever get paid/ compensated, AND you have to worry quite a lot on performing or you will lose your job as it is a very competitive market. (But most factory drivers would have a comfortable life without a job)
don't worry: racing makes everyone broke otherwise you're doing it wrong..
simracing doesn't , just hard to balance it with work/school
I’m a bit late to the party, but great video Misha! What would be very interesting to me (especially since I live nearby) is the cost of casual racing with an annual ticket. What I mean by that is not the price of the ticket, but additional hidden costs like tires, exchange parts or higher maintenance of your own car as I feel like this is what the majority of people are interested in
For as little as a tenth of a divorce you could go racing for a whole year. Don't get married kids!
So true. I watched co-workers project cars just vanish the second they hooked up with someone. What's really sad is they know they fucked up too, and you can't roll the clock back.
Glad I knew from a young age to avoid marriage. Vary rarely does it end up working out for both parties.
Honda S2000 👍
Haha don't marry a lazy ass housewife without career or money. I raced streetbikes before I met her and have graduated to racecars with her income added. We're working on our 12th year together. So many sad men out there marrying useless women
How much money you making?!?!
@@easley421 jon jones is trash, still being married is trash, just have a gf if you wanna have 1 girl
you are so right..i have driven many fast cars on the nordschleife..but i had the most fun with my custom made Smart car..600 kg,tuned to 120 PS.. tiptronic..Tarox brake kits / different springs..it was such a fun...and minimal costs..you dont need a porsche to have fun
That was perfect! A lot of info, and a good chuckle. Thank you for taking the time to put the video together. I really enjoy it.
Track days are a great way to start as you mentioned. It's also a great way to test your limit, and car's limit. I absolutely love doing it.
Here something not stated in the vid:
Even the Nurburgring is bankrupt. They filed in 2012 then got bought out.
LMAO! I remember reading an article explaining the whole fiasco, but that proves the whole point so much stronger. Cars alone just to get to work is a heavily depreciating asset and basically a waste of money for everyone not just racers. Racing takes the same thing but to a whole new level of money loss.
SI0AX I think its more so of an asset thats being eroded by manipulators of the global economy tbh. If more people could afford to go racing i think they would. They’d also spend on other things thatll get them out the house instead of drugs and alcohol.
@@Dubz0408 there are also people that use the extra money to get more drugs and booze. I think, honestly, i may even be inelastic (you Will consume pretty much tha same wether you can afford It or not). At the end of the day... Thats the sad thing about addictions
@@Dubz0408 so true
I bet it could be so much cheaper. Have a race event on not so used public roads. Every once in a while. Make these roads safer, permanently.
"So I spent $50,000 it was priceless tho" that was the funniest part
The solution: buy house near the track, buy a nice trackcar, spend your change on 🍺
You'd still need to be at least a better driver than him, otherwhise you'd constantly have to buy new track cars (I heard they are not free) ;)
And still I dont regret a penny (or öre as we say in Sweden) spended on motorsport. Look forward to this season! 😁🎉
+€100,000 or +$112,000. No wonder why wealthy families are the only ones who can stick around in racing. Goes to show just one of the disadvantages Hamilton overcame in his career!
@@no1cares965 Hamilton's dad worked two jobs to afford the karts and fees. He then worked into the night to work on the karts.
he has talent as well, he mirrors his idol senna.... he was a rich boy too with family supporting him
Hope you know that hamilton wasn't actually paying those fees. He just had a contract for a team and got his money for driving that's it.
@@antwango who? Hamilton or Senna?
Today you can be also become a racing driver through Sim Racing. Only problem, the competition is extremely high, because nearly everybody can buy a Sim Rig and race.
3:26 again this footage... even without the music still one of my favorite clips from 2019
This is the first video I've seen of yours and I'm definitely subscribing.
Great content, great information, really funny and not boring!!!
"Let them just do drugs, it's cheaper than racing"🤣🤣🤣 dude, that's terrible.(but nothing is more true)
Misha you stay true throughout and keep it real. Thanks alot for this video it contains info and details that noone would ever know unless he spent all this money and probably would never share. Also I appreciate you as a person as during my preparations to visit the ring you helped me alot with details I was asking you through messages and always found the time to reply knowing that your a busy man as you are. Thanks keep it up 💪💪
I was shocked by the €900 price for a track day, but then I remembered I pay $100 for a track day on my local 1.3 mile track. That €900 is actually quite reasonable, once put in perspective
I think one of the least expensive racing type is the AutoCross.
Here in Europe you can attend one race with something like:
- Fee - 50€;
- Gasoline - 50-100 €, depending where the event is;
- Equipment ?? costs a lot, but you only pay once. ~ 200 €.
- Medical visa and club fees, about 100 € per year.
- Car mechanical Wear , again depends per car, i drive an MX5 so its pretty cheap.
So if you have one race per month lets say you can attend with 200€/ month.
That is attending, not being competitive. winning races is another story and you need alot of money to make your car competitive. Yes, even a spprts car like a miata.
Hans without flamethrower? Hmmm...
Misha, I think this is your best video till the date ! My expreience is TF since 2000 every summer at the Ring and also some historic racing in Finland. Tf at the Ring have been changed a lot during the years... nowadays I would most likely do only track days etc.. for a reason..
Thanks for a particularly interesting and well presented video. Personally, I just stick to driving my own car on deserted roads at night, and making sure I don't crash it!
Very honest vlog - exactly my experience a few years ago in VLN... Good luck on track in 2020
So I wont become a f1 racing driver:( cuz Im already 18 years old and I dont have rich parents.
dreams.
That's why they're called dreams. They're not true.
That's why you start young in carting or other actually cheap and affordable classes then you get sponsors. I'm pretty sure if you go financing your own racing gig your doing it wrong.
You could pull a JImmy Broadbent and race them online
@@lazichicken1236 and then get a drive in touring car racing and have huge amounts of publicity. Win-win situation for Shaques Villeneuve
You would have had to start racing when you were 5
If you want the best bang for your buck (lowest laptime for lowest cost) forget car racing or even motorbike racing, nothing beats 125 superkart racing, £5000 per season arrive and drive and lap times that would destroy a BMW 235i on tight circuits, at cadwell, they are only 2 seconds off the superbikes. After a year of 125 you can also do 250cc superkart which will match full GT3 cars for laptime at tight circuits for only £10-15k season vs 1-1.5 million for GT3 season. The sensation of speed of driving a superkart with your butt just off the ground, the wind in your face at 120mph and cornering at 2G is unmatched!
For this money just buy an Ariel atom and have fun in track.
Hahaha this is awesome thanks Misha.
Of course a cheaper way into racing is just to do it locally at a local track. Here I can do ‘sprints’ (time attack) through my local drivers club (affiliated to the national body) with a cheaper licence using my own road car, for a couple thousand a year, which is mainly brakes and tyres. Because it’s not ‘door-to-door’ racing the car doesn’t have to have a cage inside and features like that.
There’s also ‘gymkhana’ style events (great for learning car control) and hill climb.
A cheap used Mazda MX5 (miata) or a Toyota 86 / Subie BRZ is an ideal car for this sort of thing, affordable (ish), road registerable, and easily upgradable in the areas which count (tyres brakes suspension). Plus, you get a nice little toy for the mountains on non event weekends.
Really nice to mention the "do it for yourself" thing, which sadly many ignore!
Superb Video Misha and extremely informative! Thank you
Hans is pretty much mandatory in the USA, everywhere I've raced Road & Oval has required it. They do let you get by with the cheaper "sportsman" version. Usually about $450 compared to $1k+
Yes, but in endurance racing you'd like a light weight version
I run a Schroth SHR Flex for sprint and endurance racing, and it’s pretty light-$475 US
Honest, transparent, funny and instructive video (as always), спасибо огромное Миша !
Yeah, I'll stick with iRacing in VR..
best thing you can do. I love it :-)
Very nice info thank you - racing on Nordschleife is all my life dream :)
Huh nice seeing you here jardier
Are you planning on trying to do the N24 this year Misha, and if so - will there be a crowdfunding campaign again? Would love to help you out, even if it's just a little bit :)
Thank you for this video - super important to get this message out there.
I spit my drink out all over my phone and table when he said let your kids do drugs, it's less expensive 🤣🤣
Racing makes crack look like a starter drug!!
Go racing. Much cheaper than having kids.
Lovely video Misha! Thank you for great insights.
I will never get past the costs of racing 24h Lemons.
Sour.
Noah 😂
nunya binis id love to attend 24h lemons but cant afford it since i live in germany :(
Bro this man just said lemons 🍋 I
Bro, why you gotta be stealin my screen name?
Awesome video thank you man! Cheers from Los Angeles. You're living a dream.
all our dreams went to toilet..not only racing but in everything...all is for the rich
that´s why they tried to keep simracing down and treated it as a joke... Corona changed that a bit ;)
Hero! Thanks mate, happy that at least somebody gives honest clearity about the costs which comes with racing🚗🤙😊
And people wonder why motorsports is dying, nobody wants to touch? Look no further... or feel free to do.
I went to the Nurburgring once, with my Honda Civic Type R, and it was an experience I will never forget. Now half a year later, I am still thinking about it, and hopefully going there again soon. Misha is right, you should do it because you want to and because you can afford it.
: *My hopes and dreams have happily joined the Chat!
: *My wife; Aight, Imma head out!
: *My bank account has blocked me and logged off!
* ⚠️ *ERROR* ⚠️
Great content and perspective Misha, keep up the great work!
This is why people just go to Mexico to race for free (+gas)
It's never free though. The wear on your car, the upgrades it tempts you into, the stuff that breaks... can easily cost more than a drug habit.
@MaddmattH shut the fuck up
Love the content. Track is closed and videos are still top notch!
I'd rather go broke by spending all my cheese on motorsports over chasing women.
smart man
I feel like doing the opposite right now... but that probably has more to do with the fact that I've never been with a woman... and I've sent so much money and time on repairing and modifying cars(way more than a years worth of my wage) that I wouldn't mind getting a spoiled rich daddy's girl who is a total bitch as a girlfriend and blowing a lot of money and dealing with her problems because I feel that the stuff I've been through cars is so expensive and stressing that a girl that does the same will be no problem for me. lol
Steve McQueen said: "I spent a lot of money on booze, women, and race cars. The rest, I just wasted".
You really make me lough, history will remembered you as a driver with most insurance costs! Thumb up! ;)
I will buy your Apex shares if you need € ??? :D
Should we open a Funding page for Apex to go Public ? @Robert Mitchell please ?
Thank you so much for the insights!!! I can't really explain how much I appreciate the videos you make!
Dont you have to replace the helmet and hans device after every major accident tho? $$$$$$$
No
Как всегда спасибо за интересное и качественное видео! Немного расстраивают даже такие цифры, хоть это и ожидаемо... Удачи тебе в новом сезоне, береги себя и машину)
Да, Миш, мне с моей зарплатой в 30 тыс только по льду на пятёрке кататься.
Great video, Misha!
Well, this video just confirmed that I'll still with competition kart racing. You're still spending significant money, but getting way more seat time.
Davin Sturdivant: In my experience, endurance racing as a gentleman-driver gives you the most seat-time for the money.
@@981porsche3 Where I could see why one might think that, nope.
Because karting tracks are largely managed by clubs, rather than run by businesses, they can have lower track dues and requires less overhead to run.
For example, my home track of PSGKA has a daily use fee of $10 to use the track all day. If I do 100 laps of practice, that comes out to 10 cents per lap.
Even more "expensive" tracks that cost $50 or $70 per day, equate to cents on the dollar per lap.
With a set of tires costing $250, and a smaller scale for fuel and everything else, you can't be karting for cost per lap (and a good two stroke kart can hold up to 3G in the corner laterally and do 70+ mph on a sprint track, inches from the ground.)
Endurance racing is affordable, yeah, but that's largely because the costs are split up between multiple drivers. So yeah, it seems cheap, but you're not getting as much seat time as you think, in a car that's normally not yours, or you only partially own, etc.
Davin Sturdivant, but how much is racing in karting? How much per lap in practice seems pretty cheap, but there is a lot more cost than track time. What do you estimate the total cost is? I can do 5-6 hours of a 24 hour sports car race at a world-class track for $1200 + cost to get to the track and back. Granted, I already have gear. How much per hour does it work out to?
@@981porsche3 Equally in expensive. Entry fees for races are between $50 to $200 per event, where you have plenty of heats and large fields.
Look, I've done plenty of kart racing and some car racing, and it looks like you've never been in a kart.
You can't beat the amount of available seat time per year, than in kart. Period.
You just don't get to race an M4, when you're kart racing.
Davin Sturdivant, yeah, you’re probably right then. Seems like karting is the cheapest real racing around. You’re right, I’ve never done kart racing (except a couple times at one of those small indoor places). I do have years of experience sports car racing though-sprint and endurance. Thanks for the perspective 👍🏻
AWESOME VIDEO! Vielen Dank Misha! 😁👍
Hey Misha, just a video idea. I'm curious about what it takes to become a factory driver, there's not a lot of documentation and not a lot of people who know factory/test drivers. No idea if that would bring in views, but just leaving the idea for the taking.
for anybody to become a factory driver they need luck and talent, they also need to be organised with a strong work ethic. Brains optional.
Being a factory driver requires a few things. First, Talent. Second, money and lots of it. You can't show your talent unless you're driving expensive cars in expensive series. Third - connections. If you know the right people, and have the right combination of talent/money, maybe you'll get a drive.
There are few (almost none at all) professional drivers who came from nothing. Just to race a cadet kart requires two working class parents to sacrifice their salary. Unfortunately motorsport is not like football, where a young kid from the slums can make it big. You need to be bankrolled pretty much from your early teens to stand a chance.
However - If you're a millionaire, skill is irrelevant. You can buy your way straight into Blancpain GT, top tier formula series and even Le Mans/F1 if you have a little skill.
Not being bitter, it's just the reality of this sport.
@@RichieSpeed
My experience is, that in Germany, if a young driver can drive and does not crash cars then he, or she, will be offered paid drives in competitive cars. If you are a "pilot", you can always find owners who will let you drive their cars.
Contrary to your assertion, skill is very relevant, rich pay per ride drivers don't win championships. Racing is about winning.
@@uberseehandel You'll have to show me some examples. Just to become a driver at club level requires many thousands of euros/pounds.
So, just to get in a car, even an old E36 BMW, will cost you maybe £3,000 just to hire one, do a test and a race. If you want to own one, maybe you need £5,000 + all the additional costs to race = season budget of something between £12,000 - £15,000.
How many average class people earning between £20k-40k per year have a spare £12,000 in cash, as well as renting/living in a house and paying the bills? This is a huge amount of money and only gets you in an average car, running without a team or support.
Lets say you find the £12k you need to run a "poor person" race season. And you're so good, you get top 3 overall in your first ever season, against 40+ other drivers including multiple champions and rich kids coming up from karting on 10x your budget.
Who is going to offer you a drive in a £100,xxx GT car? When has this ever happened?
I've raced with literally hundreds of club drivers, including some who are absolutely 100% good enough to win at international level, none of them ever got offered a drive. Some already had money and moved on from club racing. Those who didn't have money either still club race, or quit and spent money on family life.
The idea that you can earn a drive with professional teams just by driving fast and not crashing is far from reality unless you have some great friends in high places in the motorsport world.
@@RichieSpeed
You get friends in high places in the automotive world by not crashing.
I have the advantage over you, I ran a Porsche Supercup team (the ones you see on F1 weekends) for a couple of seasons. None of our drivers paid, and most of them worked as mechanics to fund their living costs. They drove to eat. They were working class boys and girls.
Based on my own personal experience, in Germany, once car manufacturers and tuners knew that you are a "pilot", then they will offer you cars to drive. They know you will talk to your acquaintances and friends about the car's virtues (and failings). If you have languages, you may even get asked to help with the launch of a new model. The major German manufacturers have some world class drivers working on their Driver Education programs. These folk recognise the fast reliable drivers, and tell their bosses and colleagues who they have noticed.
Your videos are just so good, thank you!!
Lol You look like Sylvester Stallone in the thumbnail. 😂😂😂 "Rocky Rocky Rocky!" Thats the eye of the tiger all right.
great videos man! miss you guys!
Good video
Good comment
Great video Misha. Damn man, I had no idea you spent that kind of money to go racing this year. That's nuts. I hope Robert paid you really well this past year. ;-)
Put it this way, here in NZ and AUS, we have V8 supercars.check this out...
The car itself is about 310,000$ . That's with no engine....
The engine is about 95,000$+
They usually race in teams, so that would be 2 cars. Plus a backup car.
620,000 for 2 cars without engines.... I can't even afford a tire for one of these cars. 900-1300 per tire.
Then to get the racing licences, a truck to carry the cars, a team for pitstops ect. I mean, even racing is illuminati.
Us normal people spend to much time watching things wel never get a chance to do ourselfs. It's quite dimeaning.
The world needs a big change. No one can start a decent career in anything unless your dad has billions.... It's kind of a sad reality.
How money, literally, is the one thing that stops everyone from doing the things they dream of.
If you are rich, and your reading this, take a moment to realise that, there's no fucking need for it... Hand out some money to thoughts in need. No one deserves to have millions. We all sin. We all play our part in fucking the planet in the ass. We all know about the people in Africa with no food. We all know... Even the rich cunts.
Dreams.......
To be shattered because of $
As I say, it's a pretty fucking sad world.
"Do it for yourself..." Best words to start a Monday :) Thanks Misha!!
I wish I could race a GT3 car. I guess ACC is good enough :,)
Thanks for posting this, great video.
4:33 a house at the track for 45.000 euro's ( it's a tiny one but still it has a garage) ;-D
That would literally buy a parking spot in Vancouver. Not even joking.
www.narcity.com/news/ca/bc/vancouver/vancouver-parking-space-listed-for-dollar50000-show-how-unaffordable-real-estate-can-be
Here in london, that's a decently sized house with something most people don't get (a garage) for the price of buying a tiny flat in a bad neighborhood looooool
Good video with some hard facts that provide a wake up call. There are some serious barriers to entry, even in the lower ranks out of karting.
Bruh that's a lot of cash, nearly 9 million in my currency. That's me practically out. Guess i'll stick with watching and enjoying racing hehe.
Do not be discouraged by this video, this is definitely some high cost entry level stuff. There are probably way cheaper races in your country. You surely do not need a newer car, a team for hire or that expensive of safety gear. Motorsports cost money, and unfortunately this is a really expensive hobby but there are loads of ways to keep the costs down and race for fun
Excellent summary Misha