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Discussion Starter · #1 ·
Just wondering if there are any drivers and navvies out there who are both part owners in their team and how they divide things up. I don't want to squabble about I put in $20 and you put in $10 but I certainly don't want to shell out $2000 while my partner only shells out $500 per event either. I know a contract is the best way but I feel like a weasle for asking a long time friend to sign a contract. Besides I don't want the restrains of a contract saying if I spend $50 you must also spend $50. Please give me some thoughts on this.
 

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>Just wondering if there are any drivers and navvies out
>there who are both part owners in their team and how they
>divide things up. I don't want to squabble about I put in
>$20 and you put in $10 but I certainly don't want to shell
>out $2000 while my partner only shells out $500 per event
>either. I know a contract is the best way but I feel like a
>weasle for asking a long time friend to sign a contract.
>Besides I don't want the restrains of a contract saying if I
>spend $50 you must also spend $50. Please give me some
>thoughts on this.


Everybody always looks at me funny when I tell them that I am approaching rallying with a partner. We have simply titled the rally car in both our names and so far as expenses goes we each keep a tally (with receipts) in an excel spreadsheet and periodically (monthly) we ante up to whomever is behind (usually this involved it is your turn to buy stuff until we are evened up again). This is working well so far, for us. With event expenses we are planning to use the same format. For big expenses (>$500) we split them initially. Hope that this helps.

The only problem I see in the future is dealing with car damage.

Driver: We hit a tree cutting that corner, your half is xxxx.
Navie: I told you hard right tightens!!! Do not cut!!!!

and so on......
 

· don't cut
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In the past, all the major car expenses were mine as the driver. The entery fees were the co-drivers responsibility. Travel expenses we split depending on who got paid most recently. Now days, my co-driver and sponsor picks up all the costs.
Richard Miller
 

· just another old phart
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You may find there are as many different arrangements as there are teams in the sport. In some cases there aren't real "teams" but more a changing cast of characters in the seat of terror. If you have a working team concept that shares ownership of the car and splits things essentially down the middle, consider yourself lucky and do whatever is needed to keep it working. More often the car is owned by one person and that person is responsible for all (or most) of the car costs. Roughly 50 percent of costs beats the heck out of roughly 100 percent of costs.

Kent Gardam
 

· Faster Mabricator
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3,652 Posts
Manufacturer pays for everything. :p Doesn't everyone else's?

"Rally will be Pro when".....
rallyteams prepare nice sponsorship proposals and either hire a marketing firm or actively search for sponsors themselves. Its that simple.
 

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I pay for 100% of everything, car, entry fees, expenses, etc (I even bought my co-driver her helmet and fire suit)... She will try to pay for gas, or the hotel, if she can afford it that particular weekend..... Not the best arrangement, but if I were a co-driver I wouldn't be willing to pay for much either, my own hotel room, travel expenses, maybe a percentage of the entry fee.
 

· Banned
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When I had the old Corolla, Eric paid me half for the car. We split all costs for parts, gas, entry fees, rooms, but we bought our own food, more often than not. When I wanted to buy the car as he had eyes on another, I bought out his share. Worked well for us. We also took turns driving so we both got equal driving time.
 

· Four tree two remember Andrew
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1,653 Posts
>We also took turns driving so we
>both got equal driving time.

Ah, there's the rub. I guess a decision has to made whether you are the sole driver, and bear the major responsibility for car costs, or are a joint driver, and then split the costs.

A contract is nice. People's liquidity ebbs and flows. If he's your bud, you'll pick up slack from time to time, and he will as well. Just make sure there is good communication (just like a marriage).

For the record, as a co-driver, I will usually pay for my expenses (room, travel, etc.), and then will throw in money for meals for crew, extra gas, wherever things are needed as a way of showing my "appreciation" for the "privilege" of having to babysit my driver through another event.:)

Wilson
 

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790 Posts
Unless your "partner" also gets to drive the car on evnts every so often, there really is no partnership.

All deals between driver and co-driver are different, but the most I would ever "request" of a regular co-driver was half of the entry fee and half of crew expenses.

I would never consider letting him drive the car becauses your "partnership" would soon fall apart over crash damage responsibility.

Sometimes he would toss in a few extra bucks if we had a good event.

If you need to get an emergency fill-in co-driver, they ride for free.

Good Luck!
 
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