Tuesday, November 09, 2004
#1: Denver Grand Prix RC Track
This business idea came to me when I attended the Denver Grand Prix in the summer of 2004. Thanks to my 3 friends and the round of drinks to get me into that zone which brings out my creative juices.
We noticed an excellent new attraction at the Denver Grand Prix this year; go-carts. And not just little my-7-year-old-can-drive-this-go-cart. These were multi-hp, loud, wide-tire, helmet-required go carts that could do 45+ mph on the back stretch. And the track, well it was an exact scale replica of the Denver Grand Prix, right across from pit-row. Well worth the wait in line and the ~$25 for 10 minutes with 3 other drives. What a rush and I'd do it again next year.
The business idea is to take this model and scale it down yet again. Drop in a scaled down version of the track yet again and run remote-controlled (RC) cars on it. I suspect we could come up with a similar level of investment-to-return ratio. Why not hit both of these events as you are walking past the entrance? Why not scale this to have a small track at each entrance(3) ? After having this epiphany I did notice a very small RC track inside the infield part of the track, however it was very small and the cars were stock cars that handled very poorly. I suspect at a $350 per car investment we could do well with 4-6 cars and charge $10/10 minutes. The track creation is straightforward; paint and haybails at a minimum.
If someone from the Denver Grand Prix or the City of Denver reads this and likes the idea, let me know and maybe I could spend some time helping you size it up in more detail. I know several people who fir the DGP demographic who would wait in a 20 minute line for this level of entertainment.
We noticed an excellent new attraction at the Denver Grand Prix this year; go-carts. And not just little my-7-year-old-can-drive-this-go-cart. These were multi-hp, loud, wide-tire, helmet-required go carts that could do 45+ mph on the back stretch. And the track, well it was an exact scale replica of the Denver Grand Prix, right across from pit-row. Well worth the wait in line and the ~$25 for 10 minutes with 3 other drives. What a rush and I'd do it again next year.
The business idea is to take this model and scale it down yet again. Drop in a scaled down version of the track yet again and run remote-controlled (RC) cars on it. I suspect we could come up with a similar level of investment-to-return ratio. Why not hit both of these events as you are walking past the entrance? Why not scale this to have a small track at each entrance(3) ? After having this epiphany I did notice a very small RC track inside the infield part of the track, however it was very small and the cars were stock cars that handled very poorly. I suspect at a $350 per car investment we could do well with 4-6 cars and charge $10/10 minutes. The track creation is straightforward; paint and haybails at a minimum.
If someone from the Denver Grand Prix or the City of Denver reads this and likes the idea, let me know and maybe I could spend some time helping you size it up in more detail. I know several people who fir the DGP demographic who would wait in a 20 minute line for this level of entertainment.
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