Challenge Car – Funding a Race Team

Welcome to the Funding a Race Team Guide!

This course is designed to point out and create a better understanding of the key areas you should give thought to, and some of the things you can consider when planning to fund and finance your entry into the Student Motorsport Challenge and CityCar Cup.

We’ll cover a range of areas from business considerations, funding possibilities, in house funds, and how to pitch to your finance department through to set-up costs and how to raise money.

The information and guidance found within has been developed and written to be mindful of and include colleges and universities with differing skills and knowledge levels within the motorsport industry and education, so please be aware we’ve covered a wide range and level of competencies when we developed our guides. We’re confident that there’s also something here to learn and take away for everyone whether you’re an enthusiast, perhaps a student enrolled on a motorsport course, maybe an amateur racecar driver looking to build and race their very own racecar, right through to a well-seasoned racing team looking to venture into a new racing competition.

The lessons within this course may refer to and also be linked to several other documents in our overall resources including those entered into the Student Motorsport Challenge.

Best wishes for the start or continuation of your motorsport career!