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488 Challenge and Ferrari Challenge Series

Discussion in 'Challenge/GT Cars' started by Ky1e, Apr 22, 2018.

  1. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,150
    FL
    Considering buying a 488 Challenge to run in the 2019 Ferrari Challenge Series. Anyone have experience with the 488 Challenge and/or the Ferrari Challenge Series?

    I put in a request to my dealer to get pricing, delivery, and requirements for the series. I have my own race team and race in IMSA and some PWC events (GT4 Mustang in IMSA Conti GS and PWC GTS) but wasn't sure if you are allowed to run your own race team or if you need to go thru a dealer.

    Heard the 458 had some gear box issues, dont know how the 488 has been.
     
  2. Robb

    Robb F1 Veteran
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    Feb 28, 2004
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    I believe you must use an authorized Ferrari dealer for support services and sponsoring.

    Robb
     
  3. MuratC

    MuratC Formula Junior

    Jul 6, 2014
    480
    Istanbul, Turkey
    I've been racing in Challenge series for 3 yrs. I'm not sure how things are being run in the US but AFAIK, anyone who wants to attend these series must join a team who are authorized by Ferrari and these are %99 Ferrari dealers. So you can not simply by a 488C and race in the series by yourself or by your own team. Better ask a dealer who also runs a Challenge team.

    As for the gearbox issues I have not yet heard any solid complaints with the 488C
     
  4. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,150
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    Thank you for the replies. Yes i confirmed I must go thru a dealer for support.
     
  5. RedRacer

    RedRacer Formula Junior
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    Nov 20, 2006
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    I have been racing Ferrari Challenge North America for 3 years. There is one guy in the series who has his own truck and support but he affiliates with a dealer. PM me if you would like to know more.
     
  6. windsock

    windsock Formula Junior

    Nov 29, 2006
    399
    Beaverton Oregon
    I run support for two dealership teams. Feel free to PM me with any specific questions.
     
  7. roma1280

    roma1280 F1 Rookie
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    Update? Did you get a car? What else did you find out? I’m thinking of doing challenge too in 2019.
     
  8. YellowMurci

    YellowMurci Formula 3
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    Mar 17, 2005
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    I've been considering it with my local dealer as well - to quote "It ain't cheap!"
     
  9. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,150
    FL
    UPDATE: I decided not to run in Ferrari Challenge.

    I'll be running the full IMSA season (FYI it will be called Michelin in 2019 not Conti) and also running the full PWC Trophy East season. I'm buying 2 cars one for each series. Plus ordered a new custom transporter (tracker trailer) so with my hands full I will not be adding Ferrari Challenge.
     
  10. roma1280

    roma1280 F1 Rookie
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    How exciting, congrats. Please post pics of cars! I’m probably going to do 2019 Ferrari challenge. I’ll trade you notes on costs! Lol

    Here is my car
     
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  11. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,150
    FL
    It looks awesome-- very aggressive! You'll have a lot of fun.

    Pro racing is expensive. In 2017 I spent over $2MM on racing. It was my first year and formed my own team so I had a lot start up costs for establishing a new team (tracker trailer, tools, pit equipment, fuel equipment, 2 race cars, etc and we over spent from lack of experience). On going variable costs going forward are about $1MM/year excluding any purchases (new cars, crashes). Averages to around $80K per race for everything, $50K per race if you only count variable costs not purchase of assets. In 2018 it looks like we will be at about $1MM.

    However IMSA has full pit stops (tire changers, fueler, engineer, strategist, data guy, team manger, truck driver, paying a pro co-driver-- around 7-10 people on a team) so its more expensive than a Series without live pit stops.
     
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  12. nmcclure

    nmcclure Karting
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    Apr 13, 2014
    184
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    See you in trophy east! I'll be there for you to get points! Haha, are you going to run the cup or the new CS?
     
  13. U-Boat Commander

    Jun 7, 2008
    182
    Los Angeles
    Can someone break down the costs of Ferrari Challenge? I'm taking my first Corsa Pilota class next month and am looking forward to participating in Challenge perhaps in 2020.
     
  14. roma1280

    roma1280 F1 Rookie
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    #14 roma1280, Sep 30, 2018
    Last edited: Sep 30, 2018
    Great! That’s exciting. Those courses are fun.
    Other will have info too, but it should be around $30k per race weekend for the team, $64k to Ferrari to enter the 6 weekends, add a couple of sets of break pads and an extra set of tires for the race weekend $10k. Driving coach is $2k per day plus expenses so call it $7k for the 3 day race weekends. So basic costs around $325k. Then you can add car insurance at around $15k for the season (does not include races but will cover all testing with something like a $40k deductible), damage repairs (depends on you but between $10k for a new panel to around $75k if you wrap the car around a tire wall) so assume $100k for the season. Your disability insurance will go up around $15k per year. So we’re up to about $450k before any testing. Fully loaded cost of testing including with team support, tires, break pads, coach etc around $10k per day. So assuming a dozen days of testing were up to $570k. Then you have to buy the car, which is $400k by the time you have added vbox video system, 2 extra sets of wheels, passenger seat, cool suit system etc. then you have to buy helmet 8860 spec (about $3k) and suits, fireproof underwear, HANS device (another $3/4k). Ideally you need a simulator too to practice tracks etc. (a decent one like CXC around $70k). Then you need to add flights and hotels for all the weekends. This will vary with your tastes, but assume $10k per weekend. So in terms of capital outlay it’s around $500k and around $500k for the season plus crash repairs. I have probably forgotten some stuff and maybe I’m off, but this is my guess.
    To offset the cost, maybe you get a few limited edition cars from your dealer who now loves you, so maybe you end up covering the cost!
    By the way the world final in Italy isn’t included here, you can add the cost for a regular weekend plus air freight for car, spares and your portion of the team costs.
     
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  15. roma1280

    roma1280 F1 Rookie
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    Sounds amazing, I love your style! Have a great season and please report back.
     
  16. roma1280

    roma1280 F1 Rookie
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    Any other cost estimates of Ferrari Challenge?
     
  17. Ky1e

    Ky1e Formula 3

    Mar 4, 2011
    1,150
    FL
    Sorry I meant America East, not Trophy East. America East is the new name for 5 races in the eastern USA that are a subset of the 10 race overall GTS Pirelli World Challenge season. Trophy East is PCA
     
  18. spyderman

    spyderman Formula 3

    Nov 4, 2003
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    This is the best information I was seen to date on the costs of the Challenge series.

    Thank you for sharing.
     
    roma1280 likes this.
  19. windsock

    windsock Formula Junior

    Nov 29, 2006
    399
    Beaverton Oregon


    You may run your own team, we do, but you must be partnered and sponsored by a dealer. I highly recommend the series, great group of drivers, driving has seen a great deal of improvement the last several years and there is some great racing going on. We have found a great relationship with our sponsoring dealer as well.
     
  20. roma1280

    roma1280 F1 Rookie
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    Wow that’s so cool. What is the tipping point where you have enough cars to split costs reasonably. Is it 4/5 cars?
     
  21. windsock

    windsock Formula Junior

    Nov 29, 2006
    399
    Beaverton Oregon
    That really depends on everyone's budget and the level of support you want. From making a profit point 3 cars is a net zero for us and the fourth car is all profit. We tend to have a high support level and it could be run with less money but our drivers want the extra level of service and support.
     
  22. Rob Lay

    Rob Lay Administrator
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    Dec 1, 2000
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    great info, also good to see so many current Challenge drivers on here. the participation numbers have looked really good the last few years.
     
  23. roma1280

    roma1280 F1 Rookie
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    Image Unavailable, Please Login Did another Corso Pilota, the Evoluzione which includes driving the 488 Challenge as well as 488 GTB and 812. Firstly what a blast and the Thermal Club was amazing. The Challenge cars are really amazing and great to drive the three cars back to back which feel so different. The challenge car is truly in a league of its own.
     
  24. spyderman

    spyderman Formula 3

    Nov 4, 2003
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    Mark...I agree that Thermal was a great place to experience the 488 Challenge car. The training and the organization was first 1st class. I enjoyed the Corsa Pilota myself and meeting some great new friends there was a bonus.
     
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