DRAFT OFFER FROM CITYKARTING - CRG / PRD 125cc
To:LUEN,
Fazz and I received a draft proposal from AP last Saturday in his office as follows:
Dear My Kart,
SUBJECT: NEW CLASSI CATEGORY (Kl) FOR MY-KART EVENT-ONE MADE 125CC
With Reference to the above subject, we would like to make a prominent clarification between City Karting Enterprise and Kelab MY-KART Selangor. First of all we would like to thank you to MY-KART SELANGOR for the strong support throughout past few years until today and we were acknowledge by the MY-KART SELANGOR to upgrade the classes to 125cc.
City Karting have decided to take your opinion and have invest nearly RM 160,000.00 in term of buying the CRG Road Rebel complete with PRD 125cc Air Cool Engine and all the spare part needed to fulfill the need of the MY -KART SELANGOR event. Therefore City Karting have made a 125cc special package for th~ MY -KART SELANGOR :
a) 125cc package City Karting will provide :
.:. Kart: 12 unit CRG Road Rebel complete
.:. Engine: 12 unit PRO 125cc Air Cool Engine
.:. Spare Kart: 2 unit CRG Road Rebel complete with 2 unit PRD 125cc Air Cool Engine.
.:. Exclusive Kart and Engine for MY-KART Event for 2007,2008 and 2009.
.:. Tyre: JYM Tyre
.:. Seat Size - XL
.:. Standard Setting
.:. Gear Ratio are all at the same level
.:. Rate and Race Format
125cc INDIVIDUAL RACE
Year Rate Format
2007 RM 220 / head Heat 1 - 8 laps
2008 RM 220 /head Heat 2 - 8 laps
2009 RM 200 /head Final - 8 laps
ENDURANCE RACE
Year Rate Format
2007 RM? Practice - hour
2008 RM? Endurance - 1 hour
2009 RM?
This special package is entitled to below terms and conditions:
a) MY-KART Selangor have to sign up an Agreement with City Karting for the year 2008 and 2009. Each of the Year MYKART must sign up for 10 round individual race (Classes: 80cc 1 100cc and 125cc) and 6 round for Endurance race (Class: 125cc only).
b) MY -KART will be fully responsible for the Kart Damages. The Kart Damages Cost for each class are as below:
- 80cc - RM 50
- 100cc - RM 100
- 125cc - RM 50 - RM 600 (the details of the Cost of parts will be include in the
agreement letter)
The Club must be responsible to pay to City Karting if the MY-KART driver fail to do so.
c) MY -KART have to able to provide a sufficient number of drivers as follow:
Class Number of Driver Remark
125cc
100cc
80cc
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My comments:
1) I think the most significant thing are the words "Exclusive Kart and Engine for MY-KART Event for 2007,2008 and 2009." At least there is now no doubt that these karts will be use solely for my-kart K1 and endurance races.
2) The prices quoted for 125 individual races are not the same that he had earlier said to us. I suggest we maintain RM 160.00 for 2007, RM 170.00 for 2008 and 2009. The endurance will stay at RM 640.00 per kart.
The rest are in general in line as per Luen's letter. There is really very little new things in the draft other than the prices. I suggest the committee meet CK officially to nego and finalise the deal and launch the K1 series soon.
Secretary-San.
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luen:
Not quite understand this part
"125cc INDIVIDUAL RACE
Year Rate Format
2007 RM 220 / head Heat 1 - 8 laps
2008 RM 220 /head Heat 2 - 8 laps
2009 RM 200 /head Final - 8 laps"
was that saying year 1 or heat 1 that cost RM220 at the very first line?
My personal opinion that RM220 per head is doable. 10 drivers per race and 6 endurance races 125cc will be the hard part.
Ways i can think of resolving this are to strecth the contract period also means our commitment to CK, replace the 125cc endurance series $$$ with other format, just to cope with the same amount.
After all, My-kart is capable of runnig our own K1 series without CRG series from CK. As for a new started club, $$$ wise will be bit of concern. If we can not accept this offer there always next time
As for K1 category, we can start looking at old chassis (decent la) and build up 125cc store at CK as for rental basis. That would really need to sit down to make the $$$ calculation
The initial cost will be listed as
1. rental RM 600 yearly
2. track time per race + machanics RM 180
3. tires RM 300 per set
4. cost of the chassis $$$???
5. cost of the 125cc engine $$$ ???
do you guys think we can started of as a co-host to rent out to members for hire purchase scheme? how much needed to invest for initial capital and projected ROI?
just my 2 sen
__________________________----------------------------------
neat, balance and practical
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»naza:
Luen,
You are right bro, the way it's written is unclear....need to clarify
RM210 per kart was our target charge to members....so we need to keep CK at RM 160 to RM 170....other wise its tough to attract members into K1.
OR as you said, we postpone it and run our own K1 race with private karts....just like we did on a few occasions.
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»TheFazz:
if i remember correctly, i don't have the document with me now... the price was displayed as follows:
agree with luen that the price is do-able, but the 10 karts per race for 10 races and 6 enduros is a bit more difficult. 10 karts for 6 enduros is more difficult than getting 10 karts over 10 K1 rounds.
as we mentioned before, we should perhaps adjust the 6 enduros to be done via K2/K3 compensation... say having 10 80cc team races like the A1TM event.
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»luen:
what action should we take from here now?
My opnion that we take only 10 races per year over longer period of contract. Enduro replace with other format uses 80s or 100s. Aside to difficulty of getting drivers for k1 for enduro, it also safety concern. xD
__________________________----------------------------------
neat, balance and practical
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»TheFazz:
agreed. we should discuss and agree with AP on this.
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