According to the ginetta website the Car and championship package would be 35,000 + VAT, that would give you the car and an entry into a four weekend racing series.
Who coined that quote? The whole idea that somebody could 'make' money in racing is pretty funny. It's like a Ponzi scheme in sports form, only the very best in the best of racing series probably make money. The rest pay to play :)
Today it is easier to make a fortune from racing, but you have to be smart about it. You have to be a businessman on top of the race car driver part. Turn your racing into a business, whether it be hospitality, corporate entertainment, marketing, or anything else, that is how you make money from racing.
Cheapest way to do it in the US? Buy a Miata. Throw a good set of brake pads and tires on, along with a bolt-in roll-bar. Look up the nearest racetrack. Look up their event schedule. Get in with an organization, like NASA HPDE, and work your way up. You can have a race license after one season in NASA, and its not terribly expensive either.
This. That's how you learn the ropes anyhow. Some people with money buy expensive gear and start higher up but in terms of improving driving you learn ABSOLTELY NOTHING by jumping into a high horse power car to begin with. But hey, those guys might not care.
Grassroots racing has changed a lot in the US. The pricepoint for entry isn't that bad, but sustaining it is another thing. Consumables and maintenance is what is costly and I think a lot of people don't understand that. It's like those folks who buy a luxury car, "I can afford the car!". But then they can't afford the maintenance. Knowing how to work on your car helps too so anybody reading this, if you're not mechanically inclined and you want get into racing, better start learning how to wrench because it will save you the most bucks (other than not crashing).
@@TheChannel1978 Ahh like the weekend warriors with the Vettes and Vipers that track their 5000 odometer car once a month just to say they track their car for clout. Seen em all. Meanwhile Spec Miatas are flat out buzzing around them like they're on a death wish sending the lap times.
@LeonL47 It really depends on how you carry yourself. I've worked at a track and I hate the attitude of some of the guys that walk around smug. Then there are other drivers like this past Sunday event I drove at where the guys and gals brought everything from a Spec Miata to Merc AMGs, Z4s, M2s, full race cars, drift cars, and they are totally cool dudes and gals having fun.
Finally get to see and hear Mike in his element - have been waiting for years to listen to him talking about cars to the extent that we all want him to. Thank you Mike and Carfection! *cries*
@@atomocsubaru bro my dream is to become a racing driver like him 🏁😳I am just 12, I play all types of racing games in console like forza motorsports, assetto korsa etc, I am well, just waiting for a license, 😀
@@MDメFaiz you remind of 12 year old me when I used to play my ps2 games which were racing mostly and the Gran Turismo 4 that came with it as a gift really introduced me into motorsport and racing, specially the big world wide tracks like lemans & the Nurburgring, I was really surprised when I heard those are real lol 😅 I'm 23 now still a student and trying my best to keep chasing my dream and becoming what I always wanted to be and making sure to bring out the best version of myself
It still involve lots of money. Yet it's one of the cheapest way, but when you're on your early 20s and don't have rich parents, it's still very difficult. I'll stick with online simulation racing series (GT Sport and Assetto Corsa Competizione) but never say never.
Even the 2CV cup, Fun cup (Beetle 25 Hours of Spa), or Miata cup is expensive. I mean, anything above 7500€/6000£ is not affordable for people like me unless you work hard and save a lot of money. But I'm not sure any of these small racing series can get you into a step further of the ladder of motorsport. Sim racing in comparaison allows you unlimited time of racing (yes not the same like real life but it's better than nothing), and lately some online competition like GT Sport can reward you with an F.I.A. trophy and maybe give you the opportunity to get into real life racing like the GT Academy. I would estimate a very good competitive setup for sim racing cost around 2000 to 3000€ (TV, computer or PS4, racing wheels like Fanatec, playseat, etc.... Which in comparaison of any sort of real life motor racing much more worth it and less money consuming. I believe sim racing is gonna get bigger shortly.
I really don't believe simracing is gonna get big. It's a very niche hobby already focusing on a dying sport (motorsport is still active but it's far from the eighties). There are very few ways to earn money from driving race cars now. In pretty much every series you will be a pay driver, and even if you get an opportunity to climb the ladder, it's only going to cost you 3x more than your previous series. I really hope that one day I will be wealthy enough to race prep a car and fight on track with it, but for now I preach iRacing
Hey guys, in future videos would it be possible to include some standard costs involved in a racing series like this? E.g. car cost, yearly maintainence of the Car, costs of getting a racing licence etc or give a ballpark cost somewhere? Looking forward to this series!
all the ginetta series in PC2's career mode are brilliant in vr and made me want to try it irl. best of luck to mike, and looking forward to a great series.
The GRDC is something I quite fancy doing myself. Just trying to make it affordable at the moment...I absolutely adore the little G40R. Wonderful cars.
Remember all of those emotions when I went Ginetta racing for 5 seasons in the early noughties. My justification was 'I will always have done this'. Won't say I loved every minute - never great looking at a very bent racing car extracted from the wall after an 'incident', but the memories are absolutely fantastic in the aggregate and I have zero regrets.
This is something I'm looking into doing myself. Looking forward to see how it foes for him. Not sure how my Mrs is gonna feel about dishing out the £35k starting price though!
FIA sanctioned races...? Don't even need to aim that high! Club races on the top UK circuits from £300 per weekend, £5K for a car, £500 for a license and £1k for kit. It's all doable.
I'd like to note that grassroots in EU is much different from the US. Karting in Belgium was easier to find than karting in some areas in the US. They're abundant over there and unlike US tracks places like Spa also offer rentals that are much better deals compared to renting a car for a track in the US. Just some advice from a colleague and friend that worked for Penske for 30 years. You can be a talented driver, but to all the would be's and dreamers. Just know that being a talented driver is only half of it, the other is being a businessman or woman. You're signing contracts, talking to sponsors, looking for sponsors, making calls, marketing yourself. That is the real work and that is where a lot of good talent never make it to an actual seat. All it took for Kubica and Vettel; who grew up in a modest household, was for someone to see their talent and push them forward. Checo was well off in Mexico, but he bought a one way ticket to Germany to pursue racing in the EU and lived in a restaurant for a time. Godspeed to everyone. Don't half ass it. Opportunities are like gaps and if you're a racing fan we all know what Ayrton Senna thinks about going for the gap.
Do you need an SCCA lisence to get into ginetta?Also do the top performing people on the regular ginetta race car move up to the ginetta lmp or other higher classes
you're going from no on track experience to wheel to wheel racing? why not do regular track days for a year or 2 so you get used to driving on track at speed?
Spending thirty or forty thousand quid before you’ve ever been on a race track seems to be ‘cart before the horse’. I think a driving school should be first, to see if it really terrifies you, and then a cheap used car, saloon or formula, to give you a more gradual learning curve. I did the Bondurant School in Arizona and while the Mustang GTs never felt comfortable to me, the Formula Fords were ideal.
Here's a question.. yes you can become a racing driver if you got the Money. But what about the ones with natural skill and have no money...🤔.. is there a way you could show a team what you can do and if they are impressed or not?
I am 13 years old, but this is a good video and tutorial to get me started in my future endeavors, thank you so much for this tutorial as this Is what I want to do for a living 24 hours or not, you've got me ready for the future man 😊😊😊
Im 17 and my dad has a demon and a 392 and myself have a rt Charger, I love cars more than anything on this planet and was wondering if I could do any thing with these cars to get attention and one day I aspire to be a driver!
1. Learn how to make or get LOTS of money. 2. Learn how to work on your own car. 3. Learn how to make LOTS of friends. 4. Do whatever it takes to build your level of self awareness and confidence. Notice I said nothing about driving/racing ability. That's the last thing you need to worry about until you have done the things on my list. Don't do any of them and you will not succeed of if you do, you will be miserable doing it. Only one person gets to win a race.
@@brain9659 Skill is the least important thing. The vast majority of race car drivers will never win a race let alone become professional drivers. Of those, most will never win a race.
1. have lots of money 2. have lots of money ......................................... 100. have a rich family 101. have a very good driver as a family member 102. have sponsors, who can pay 102. have actual talent and skills OR just buy a scooter and race with local kids
Like the op said anybody who is keen can get into racing on a budget. There are a thousand ways to get into that, but speaking to the local grass roots car community is the way, learn the ropes. I didn't even bother watching this video seeing what kind of cars were being shown. That's not how you start racing unless you're rich and have money to blow
Most people are capable of working their arse off and saving for a mortgage. What you do with that money is down to the individual - maybe you buy a budget racing car? You wouldn't call the average person who bought a house rich necessarily nor would you assume they had family money. The vast majority of people work hard. Listen to what Mike says in the video..
He said in the video that he had to save for a decade to do it. So if your not born with the money but it's still your dream then your just gonna have to work harder and longer for it. Doesn't make impossible though.
Step 1: get a racing car. What was the cost of it? It would be nice to know
According to the ginetta website the Car and championship package would be 35,000 + VAT, that would give you the car and an entry into a four weekend racing series.
It really depends what kind of series and car. Toyo tyre saloons run all sorts of 80s/90s/2000's cars, race legal ones from about £3k!
Right now I believe the cars are $40,000 to buy one
@@ExileOrDeath bro can i do a race with my dodge viper?
It's about $50,000 usd
want to know how to make small fortune in racing? Start out with a large one.
Who coined that quote? The whole idea that somebody could 'make' money in racing is pretty funny. It's like a Ponzi scheme in sports form, only the very best in the best of racing series probably make money. The rest pay to play :)
The only way to become a millionaire racing, is by starting out a multi-millionaire.
Today it is easier to make a fortune from racing, but you have to be smart about it. You have to be a businessman on top of the race car driver part. Turn your racing into a business, whether it be hospitality, corporate entertainment, marketing, or anything else, that is how you make money from racing.
@@lamondracing9832 I agree, I think people don't realise how business savy successful racers are. Even in F1, if you can't bring sponsors your out!
Mike from Oxbox? Yeaaaah!
I thought I recognized him in the thumbnail, pleasantly surprised to see him here
my exact reaction too.
Now I undestand why he wasn't at E3....He was racing!
I saw Mike and was like "ya, i'm game for this"
I'm slightly offended the car wasn't green!
Where's your brand loyalty, Mike?! xD
Cheapest way to do it in the US? Buy a Miata. Throw a good set of brake pads and tires on, along with a bolt-in roll-bar. Look up the nearest racetrack. Look up their event schedule. Get in with an organization, like NASA HPDE, and work your way up. You can have a race license after one season in NASA, and its not terribly expensive either.
This. That's how you learn the ropes anyhow. Some people with money buy expensive gear and start higher up but in terms of improving driving you learn ABSOLTELY NOTHING by jumping into a high horse power car to begin with. But hey, those guys might not care.
Grassroots racing has changed a lot in the US. The pricepoint for entry isn't that bad, but sustaining it is another thing. Consumables and maintenance is what is costly and I think a lot of people don't understand that.
It's like those folks who buy a luxury car, "I can afford the car!". But then they can't afford the maintenance. Knowing how to work on your car helps too so anybody reading this, if you're not mechanically inclined and you want get into racing, better start learning how to wrench because it will save you the most bucks (other than not crashing).
@@TheChannel1978 Ahh like the weekend warriors with the Vettes and Vipers that track their 5000 odometer car once a month just to say they track their car for clout. Seen em all. Meanwhile Spec Miatas are flat out buzzing around them like they're on a death wish sending the lap times.
Is that also the key to get into IMSA, NASCAR or even Indycar??.
@LeonL47 It really depends on how you carry yourself. I've worked at a track and I hate the attitude of some of the guys that walk around smug. Then there are other drivers like this past Sunday event I drove at where the guys and gals brought everything from a Spec Miata to Merc AMGs, Z4s, M2s, full race cars, drift cars, and they are totally cool dudes and gals having fun.
Finally get to see and hear Mike in his element - have been waiting for years to listen to him talking about cars to the extent that we all want him to. Thank you Mike and Carfection! *cries*
This is so exciting! I love to watch people live their dreams. You go, Mike!
what about your dream? i would like to wach you living your dream
@@atomocsubaru bro my dream is to become a racing driver like him 🏁😳I am just 12, I play all types of racing games in console like forza motorsports, assetto korsa etc, I am well, just waiting for a license, 😀
Nice picture haha
@@MDメFaiz idk what you're doing now, but don't stop bro you got this
@@MDメFaiz you remind of 12 year old me when I used to play my ps2 games which were racing mostly and the Gran Turismo 4 that came with it as a gift really introduced me into motorsport and racing, specially the big world wide tracks like lemans & the Nurburgring, I was really surprised when I heard those are real lol 😅
I'm 23 now still a student and trying my best to keep chasing my dream and becoming what I always wanted to be and making sure to bring out the best version of myself
00:00 Ha Ha, that guy looks like MIke.
00:06 Woah that guy really does looks like Mike....
00:27 HOLY SHIT THAT IS MIKE!
I honestly cried a little. Congratulations Mike! Way to make your dreams a reality!
just wanna let u know
Bro ur so precious
I pray that u get to live ur dream too
Good luck Mike! Love watching you on OX but this better!
Came for the mike, subbed for the mike! This'll be awesome.
It still involve lots of money. Yet it's one of the cheapest way, but when you're on your early 20s and don't have rich parents, it's still very difficult. I'll stick with online simulation racing series (GT Sport and Assetto Corsa Competizione) but never say never.
Cheapest way would still be 2CV Cup or Spec Miata (mk1 and mk2)
Even the 2CV cup, Fun cup (Beetle 25 Hours of Spa), or Miata cup is expensive. I mean, anything above 7500€/6000£ is not affordable for people like me unless you work hard and save a lot of money. But I'm not sure any of these small racing series can get you into a step further of the ladder of motorsport.
Sim racing in comparaison allows you unlimited time of racing (yes not the same like real life but it's better than nothing), and lately some online competition like GT Sport can reward you with an F.I.A. trophy and maybe give you the opportunity to get into real life racing like the GT Academy.
I would estimate a very good competitive setup for sim racing cost around 2000 to 3000€ (TV, computer or PS4, racing wheels like Fanatec, playseat, etc.... Which in comparaison of any sort of real life motor racing much more worth it and less money consuming. I believe sim racing is gonna get bigger shortly.
Tob-Racer Competizione isn't even out yet xD
+Tomtastic 2000 I know, but I'm really looking for it haha.
I really don't believe simracing is gonna get big. It's a very niche hobby already focusing on a dying sport (motorsport is still active but it's far from the eighties). There are very few ways to earn money from driving race cars now. In pretty much every series you will be a pay driver, and even if you get an opportunity to climb the ladder, it's only going to cost you 3x more than your previous series.
I really hope that one day I will be wealthy enough to race prep a car and fight on track with it, but for now I preach iRacing
Hey guys, in future videos would it be possible to include some standard costs involved in a racing series like this? E.g. car cost, yearly maintainence of the Car, costs of getting a racing licence etc or give a ballpark cost somewhere? Looking forward to this series!
It’s so awesome to see mike following his life long dream. I wish him the best of luck.
all the ginetta series in PC2's career mode are brilliant in vr and made me want to try it irl. best of luck to mike, and looking forward to a great series.
The GRDC is something I quite fancy doing myself. Just trying to make it affordable at the moment...I absolutely adore the little G40R. Wonderful cars.
Remember all of those emotions when I went Ginetta racing for 5 seasons in the early noughties. My justification was 'I will always have done this'. Won't say I loved every minute - never great looking at a very bent racing car extracted from the wall after an 'incident', but the memories are absolutely fantastic in the aggregate and I have zero regrets.
@carfection: Can you inform us about insurance? What is covered? A crash during a race which totals the car? What about broken bones etc.?
Standard road insurance won't cover it, but you can get track cover for races or a season, there are threads on pistonheads with rough costs.
This is fantastic. I mean, I'd watch Mike learn how to make sandwiches, frankly, but this was really, really good.
Seriously, who is downvoting such a video?
Amazing, I'm thrilled to see more!
So awesome to see Mike pursue his dream!
Wonderful one first vid on the beginning of a race car and driver. The car looks good alittle like a viper smaller and lighter of course
This has the potential to be one of the greatest series involving cars on youtube!
Good luck Mike, hope your journey is everything you want it to be!
This is going to be an awesome series. This is something I have always wanted to do but have always lacked the funds.
Outside Xbox!
I found this because I was curious whether Mike really did race cars and it's awesome to find out he does
great idea to show how Ginetta can be the perfect car for starters!! should sell more of those in italy!!!
The G40 GRDC is £35,000 + VAT. This buys you the car and permits you entry to the GRDC series.
That’s it, quiting my job, race car driver here I come!
Just a question did you become one
@@yarbi4791 Just like your name, technically.. Yes!!
@@VEDEMRACING99 I’m so proud of you
@@VEDEMRACING99 how did you
@@VEDEMRACING99 and do you do it to make money
Would love to do this or the Caterham academy. Would need to find the dosh of course...but can still dream like this chap!
This is something I'm looking into doing myself. Looking forward to see how it foes for him. Not sure how my Mrs is gonna feel about dishing out the £35k starting price though!
This looks like being a fascinating adventure. Thanks for sharing and looking forward to the next installment.
Such an amazing video! I reeaaaaally enjoyed this one :) Good luck with the races Mike!
FIA sanctioned races...? Don't even need to aim that high! Club races on the top UK circuits from £300 per weekend, £5K for a car, £500 for a license and £1k for kit. It's all doable.
Wow congrats Mike you're a race car driver. That is awesome. I hope you do very well
Go for it Mike :)
For some reason I'm being excited and impatiet. I think I'm born for this
More of this please.
Been seriously considering this, it's quite heavy cost wise but definitely the best way to do everything under one umbrella!
This is going to be a great series, notifications are on! 👍
I'd like to note that grassroots in EU is much different from the US. Karting in Belgium was easier to find than karting in some areas in the US. They're abundant over there and unlike US tracks places like Spa also offer rentals that are much better deals compared to renting a car for a track in the US.
Just some advice from a colleague and friend that worked for Penske for 30 years. You can be a talented driver, but to all the would be's and dreamers. Just know that being a talented driver is only half of it, the other is being a businessman or woman. You're signing contracts, talking to sponsors, looking for sponsors, making calls, marketing yourself. That is the real work and that is where a lot of good talent never make it to an actual seat. All it took for Kubica and Vettel; who grew up in a modest household, was for someone to see their talent and push them forward. Checo was well off in Mexico, but he bought a one way ticket to Germany to pursue racing in the EU and lived in a restaurant for a time.
Godspeed to everyone. Don't half ass it. Opportunities are like gaps and if you're a racing fan we all know what Ayrton Senna thinks about going for the gap.
This is great. I can totally relate to the slot cars and such. I look forward to more episodes.
Very cool - pretty sure some one is already saying get a C7 Corvette, (more powa), but missing the point.
Do you need an SCCA lisence to get into ginetta?Also do the top performing people on the regular ginetta race car move up to the ginetta lmp or other higher classes
Is there a company in the states that does something like this?
This totally resonated with me.....great work guys! Will look into a Ginetta track day. Doubt I can afford the actual car : )
Yeah, Mike! You go get that dream! :D
Cannot wait to see the rest of the videos!
Thanks for letting me know about Ginetta
you're going from no on track experience to wheel to wheel racing? why not do regular track days for a year or 2 so you get used to driving on track at speed?
Ginetta... sounds Italian.
Actually from Leeds.
Yeah the name is italian
I'm excited for you, Mike! Just as long as you don't leave Oxtra =P Are the super realistic racing games practice for this at all?
I knew I knew I recognized him, dope he's doing that!
It’s awesome how you can choose what you wanna do for a living and just do it
I wonder why the instructor didn’t become a car racer.
I thought I was going to watch a Henry Catchpole, and I got to see Mike Chanell, fuck yeah!
💚
Looking forward to more in this series!
Go Mike!
Living the dream. Exciting!
I see Panoz banners here and there. Panoz cars are actually from my hometown of Braselton, GA, USA
Can you include the costs please
Google ginetta grdc costs, they have them there :)
Spending thirty or forty thousand quid before you’ve ever been on a race track seems to be ‘cart before the horse’.
I think a driving school should be first, to see if it really terrifies you, and then a cheap used car, saloon or formula, to give you a more gradual learning curve.
I did the Bondurant School in Arizona and while the Mustang GTs never felt comfortable to me, the Formula Fords were ideal.
Here's a question.. yes you can become a racing driver if you got the Money. But what about the ones with natural skill and have no money...🤔.. is there a way you could show a team what you can do and if they are impressed or not?
I’d like to do some drag racing once I’m out of school. That’s a lot more easily attainable than this, though.
Why did i not find this gem earlier? Mike! From oxbox! Yes!
So where are the other parts?
Cool, i love mike
How to Become a Racing Driver...buy a race car. Insightful, thanks.
What did you expect ? Car and license and there you go, you are obviously more interested in criticizing than watching anyway.
sneering is obviously far easier than actually doing something !
Do you hold meets and greets?
DowntownSIX there are always jerks like you who like to piss on people's dreams
First tip to being a race car driver: be rich
Second tip to being a race car driver: don't be poor
I am 13 years old, but this is a good video and tutorial to get me started in my future endeavors, thank you so much for this tutorial as this Is what I want to do for a living 24 hours or not, you've got me ready for the future man 😊😊😊
It’s Mike from Outside Xbox!
Amazing series
what happened to the weekly episodes??
Well the car didn't stall so that's a good start!
Gooooooo Mike!! ❤️❤️❤️
Very cool series idea !
well i didn't expect oxbox mike to actually become a racing driver. but with money you can be anything
Did he do track days to learn track etiquette and build some driving skill buying his first race car?
#1 £30,000
33+VAT+Hotels+Repairs!! I would bank on 50k+ for the first season...
@@alphalobster8021 36k Inc VAT and I think the race days are one day only and you are entered too all the races in that price
Im 17 and my dad has a demon and a 392 and myself have a rt Charger, I love cars more than anything on this planet and was wondering if I could do any thing with these cars to get attention and one day I aspire to be a driver!
WHOA! The Panoz #81. What's the connection?
What were the other more aero cars for ?
Epic series
This looks good, will there be 1 a week? Good luck Mike!
Okay, completely random, but why is the sales manager see through. 5:45 The lights shine right through him
Lense flare?
I think that was a reflection in the lense
Wait... is he from Outside Xbox?
money money and money always will sponsor you to get into racing career
how is this significantly better than a properly track prepped miata?
I am looking forward to this! And do I spy Donington? 😁
Who is Mile Channell?
so what's the base of the car ? a miata?
Oh yes! I'm going to save up to do exactly the same!
Can you start racing cars at the age of 30? No racing experience
How do I sign up for this?
amazing to see 👍
Fair play to you, matey
1. Learn how to make or get LOTS of money.
2. Learn how to work on your own car.
3. Learn how to make LOTS of friends.
4. Do whatever it takes to build your level of self awareness and confidence.
Notice I said nothing about driving/racing ability. That's the last thing you need to worry about until you have done the things on my list. Don't do any of them and you will not succeed of if you do, you will be miserable doing it. Only one person gets to win a race.
Skill is important to, probably the most important thing
@@brain9659 Skill is the least important thing. The vast majority of race car drivers will never win a race let alone become professional drivers. Of those, most will never win a race.
@@JB91710 yeah, you don't know anything
1. have lots of money
2. have lots of money
.........................................
100. have a rich family
101. have a very good driver as a family member
102. have sponsors, who can pay
102. have actual talent and skills
OR
just buy a scooter and race with local kids
want to know how to make small fortune in racing? Start out with a large one.
Like the op said anybody who is keen can get into racing on a budget. There are a thousand ways to get into that, but speaking to the local grass roots car community is the way, learn the ropes. I didn't even bother watching this video seeing what kind of cars were being shown. That's not how you start racing unless you're rich and have money to blow
Most people are capable of working their arse off and saving for a mortgage. What you do with that money is down to the individual - maybe you buy a budget racing car? You wouldn't call the average person who bought a house rich necessarily nor would you assume they had family money. The vast majority of people work hard. Listen to what Mike says in the video..
It’s not that expensive ... it’s definitely money but u make it sound like a single guy couldn’t afford it with a good middle income job
He said in the video that he had to save for a decade to do it. So if your not born with the money but it's still your dream then your just gonna have to work harder and longer for it. Doesn't make impossible though.
Had a feeling this would be a about Mike as soon as I saw the thumbnail
Ok but how much money did you get ???