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Originally Posted by DKG
(Post 1139610)
You could study the Dubai Autodrome business model to understand if something like this is workeable in India. |
Originally Posted by v1p3r
(Post 1140245)
Too expensive. An acre of land is worth more in HYD and BLR than most American cities. |
Originally Posted by HPP
(Post 1144343)
Yeah, I've looked at the Dubai scene, but it's a bit of a different situation then India and HYD. Land may not be an issue as a lot is already owned. If the scene ever shows real promise, it's an option I/we'd be very interested in researching further. |
Originally Posted by v1p3r
(Post 1144417)
That's an interesting statement. What I DO know is that if your proposed dragstrip/track was based around BLR, you could recover your investment a lot quicker than any other city in India. BLR is just dying for some sort of official motorsport. Have a dragstrip and charge 500 bucks a run, I'm sure you'll be pulling in lakhs over a weekend. |
Originally Posted by HPP
(Post 1144527)
I do believe that something near BLR or Bombay would have a larger market. The issue is the proximity to the investors and possible management(all in HYD), as well as the already owned land is mostly all near HYD. We'll keep flushing out ideas and possibilities and try to figure out a solution in the future. I just hope the market continues to grow, if so, I'd love to get this project past the market analysis stage to the planning stage and beyond. |
Originally Posted by DKG
(Post 1145337)
If you already own the land get a drag and a offroad track made. Turn it into a weekend motorsports activity hub. It will work. |
Originally Posted by f450
(Post 1146733)
Not to be a pessimist, but I have my doubts about this project if the investment is very high. The main reason is that the market is pretty limited. Not in terms of number, but in terms of segment. It's aimed only at 18-28 year olds (or maybe slightly more) and nobody else. It's not a family outing, so putting it on the outskirts will further dwindle the market. Add to that the fact that normal employees who are not petrol heads will be hesitant to "f*** their cars up". And last but not least, even car enthusiasts might fail to see the point of paying 500 rupees to do something that you can do on a KBR or an ORR. I do have an alternative suggestion that might eliminate some of these disadvantages but I'd like to hear the counter-arguments for this first. |
Originally Posted by HPP
(Post 1146419)
Start fairly basic(keep overhead as low as possible) and add features as things progress. |
Originally Posted by speed kills
(Post 1147173)
If i'm not mistaken, Red Roosters Racing had plans of buying a large land parcel on the outskirts of BLR for a circuit. Hope the project becomes a reality. |
Originally Posted by DKG
(Post 1147035)
Dragstrip, go kart track and a offroad track is a good way to start. A pay and play park where people come with their family for a weekend of fun. You can run a foodcourt and eventually a accessory shop with car wash etc. You could create a series of adventure activities too. Perhaps a hobby centre too, a large shed will do. Basically keep adding and fine tuning revenue streams. Hyderabad needs a hobby centre ! Considering the real estate scene will take a back seat for the next three years or so this might be a more productive use of your land |
Originally Posted by f450
(Post 1146733)
Not to be a pessimist, but I have my doubts about this project if the investment is very high. The main reason is that the market is pretty limited. Not in terms of number, but in terms of segment. It's aimed only at 18-28 year olds (or maybe slightly more) and nobody else. It's not a family outing, so putting it on the outskirts will further dwindle the market. And last but not least, even car enthusiasts might fail to see the point of paying 500 rupees to do something that you can do on a KBR or an ORR. I do have an alternative suggestion that might eliminate some of these disadvantages but I'd like to hear the counter-arguments for this first. |
Originally Posted by jassi
(Post 1146783)
well a small go kart track and restaurant (a must) could keep the family happy. I don't think driving on a public road can replace what one can do on the track. Track days are a big concept in aussie, uk, etc. and I am sure theres petrol heads at every age who would like to have some good time with their cars in india too :) Although my outlook maybe very positive, I am sure this will kick off over time, given the number of track days, I have seen being organised by the tbhpians itself! |
Originally Posted by DKG
(Post 1147035)
Dragstrip, go kart track and a offroad track is a good way to start. A pay and play park where people come with their family for a weekend of fun. You can run a foodcourt and eventually a accessory shop with car wash etc. You could create a series of adventure activities too. Perhaps a hobby centre too, a large shed will do. Basically keep adding and fine tuning revenue streams. Hyderabad needs a hobby centre ! Considering the real estate scene will take a back seat for the next three years or so this might be a more productive use of your land |
Originally Posted by speed kills
(Post 1147173)
If i'm not mistaken, Red Roosters Racing had plans of buying a large land parcel on the outskirts of BLR for a circuit. Hope the project becomes a reality. |
Originally Posted by blueraven316
(Post 1147181)
Yep I have heard of this, some 300 acres it seems, also they are planning a Dyno within BLR limits. |
Originally Posted by f450
(Post 1147232)
For both Dragstrip and Offroad track, I think there should be an option to use your own car or to be driven by an expert driver (for those who don't want to risk accidents/own cars). This is especially useful for Offroad (assuming it'll be marketed in a way similar to Dubai's desert safari). And just a thought, instead of a dragstrip, wouldn't a proper track do better? F1 style? :D |
Originally Posted by HPP
(Post 1147290)
T maybe we can have a mod separate our "track" posts from this thread in order to keep both on topic? |
Originally Posted by HPP
(Post 1147290)
This is exactly the kind of feedback I was looking for. I know we are all car nuts, so we all want to see a project like this to happen, but I want objective feedback of the pros and cons. So this is the kind of thing that I'd like to hear more of. I am not completely sold the idea is viable(yet), but I want to keep the idea alive and develop it to a point that is a legitimate investment. |
Originally Posted by HPP
(Post 1147290)
Agreed, but having those features from the onset will raise the initial investment. But yes, to have those as a future part of the plan.. yes for sure. Restaurant may be easier to implement early on then a go kart track just based on initial and ongoing expenses relative to each. |
Originally Posted by HPP
(Post 1147290)
This is exactly what I had in mind, I also have a few other features that could/would attract high end customers from across the country. It's not something I came up with, it's something that has become popular around the US over the last few years. |
Originally Posted by HPP
(Post 1147290)
That is something to consider as well. How many other tracks will be built and when. The market will mature over time, so to have too many will not work until the motorsports culture can support them all. |
Originally Posted by HPP
(Post 1147290)
The reasoning for dragstrip first would be to keep initial costs down. A road course will be a much larger investment but would be the ultimate goal. There are various tracks around the US which have a track/road course which incorporates the 1/4 mile dragstrip into the road course itself. While others have them both(but separate) within the same "Motorsports park", there are advantages and disadvantages to both. |
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