Redline Trackdays - Enter Win MV F4 312

[dpex]

I'll probably get swatted by a moderator for this, but I don't know where else to post the heads-up.

I got a brochure from Motomail about Redline track-days. The offer is $100 a day if prebooked/paid. Apparently, by entering just one track-day you go into the draw for an Agusta F4 R312, plus some extra bling.

Seems like a good deal to me.

Their first day is Jan 17th at Puke.

[Cajun]

http://www.redlinetrackdays.co.nz/

Win this Bike ...
Attend any Redline Trackday, and one lucky participant will be chosen to have a 1/100 chance of winning a 2009 MV Agusta F4 R312
including a Dainese one piece leather Race Suit, valued at over $45,000.

[R6_kid:Me]

So they have to run 100 events before they can do the draw? Or maybe it's gonna be one person gets to 'spin the wheel' with a 1/100 chance of winning?

[sinfull]

Damn Puke's a long way from here ! Oh well haha cool !
I'm in !

[Usarka]

This is what I'm fizzing at the bunghole for:

[centercore]

Can you do one of these redline track days on a 250? slow riders ofc


"However, minibikes and small displacement machines are not acceptable bikes to ride at our events."

Unsure about the above copy and pasted from their website

[imdying]

1 in a 100? Nearly worth buying a ticket and not even going just for the chance

[centercore]

Looks like i'm in.

17th at Puke group 3. Real stoked, I've never done one before .

See you guys there.

[vifferman]

This is what I'm fizzing at the bunghole for:

Can't see it myself - I checked it out when I went past there a couple of weeks ago, and there's still LOTS of work to be done on the track. The facilities seem to be coming along though.

[Brett]

Well I will be there. I can't quite see how the math works to make this viable though...120 spots, $100 each = $12K. MV Augusta Package = $45K. $33K Loss? Not my business however, just curious.

[Brett]

So they have to run 100 events before they can do the draw? Or maybe it's gonna be one person gets to 'spin the wheel' with a 1/100 chance of winning?

Yeah, I am interested to see this play out. Would be a bit cunning and deceiptfull if this were the case. However it does not say, 'attend this trackday and out of 100 ch osen people form the day, one of you will win..."

[Forest]

The way these schemes work is that somebody is chosen at random, and that chosen person then gets given a 1 in 100 chance at winning the motorbike.

The 1 in 100 chance will likely be a random draw performed under supervision. Usually the promoter will go out and buy a special insurance policy that insures against the possibility that somebody might actually win the bike.

If you're statistically inclined, your individual odds of winning the bike are:

1/(number of people on trackday) * 1/100

So if there are 80 people on the track day, you will have a 1 in 8,000 chance of winning the bike.

[dpex]

Can you do one of these redline track days on a 250? slow riders ofc


"However, minibikes and small displacement machines are not acceptable bikes to ride at our events."

Unsure about the above copy and pasted from their website

I can't imagine a 250 would be unacceptable. Jesus, but at Taupo I was frequently passed by some dude on what looked like a 125 farm-bike, and that was a track day. Also, AMCC have accepted me running my YZF 600 and my all-new KR150 at Puke, alternating rounds.

But ask at www.redlinetrackdays.co.nz.

I guess the bottom line is:- The comp for track-day attendance is rising, and when Hampden Downs comes on stream the comp will get even bigger.

Redline are putting up $45k in inducements, so I would assume they ain't going to get that picky about who rides what.

Hell's teeth. If I were them, putting up that level of risk, I'd invite the ghost of Ed Hillary to turn up on his 50cc Vesper!

[dpex]

Well I will be there. I can't quite see how the math works to make this viable though...120 spots, $100 each = $12K. MV Augusta Package = $45K. $33K Loss? Not my business however, just curious.

Yeah, I did the quick Math, too. I suspect someone in the organisation has pooped as regards the time of the draw.

But, they're offering 4 fixed track days and Hampton Downs (maybe in June)

So, lets say each day (excluding Hampton) attracts 4 fields of 25. That's $10K per day, times five days. $50 K.

But the track and all accessories will cost them $40K.

But, according to the ad on the brochure, they're offering a 1/100 chance. That means each day has the 4 groups of 25. $10 income.

Go Figure.

Maybe they got Triple X to steal the bikes to order. Who cares? I'm in for all 4/5 days.

It'll be all good practice till I get to the day of beating the snot out of Frosty. Me on my KR150, and him on his 10-speed. :--))

[dpex]

The way these schemes work is that somebody is chosen at random, and that chosen person then gets given a 1 in 100 chance at winning the motorbike.

The 1 in 100 chance will likely be a random draw performed under supervision. Usually the promoter will go out and buy a special insurance policy that insures against the possibility that somebody might actually win the bike.

If you're statistically inclined, your individual odds of winning the bike are:

1/(number of people on trackday) * 1/100

So if there are 80 people on the track day, you will have a 1 in 8,000 chance of winning the bike.

I take your point, Forest, but the brochure asserts a 1/100 chance of winning. There's no suggestion that there are the two legs to the draw to which refer.

Hmmmm. Interesting analysis, Forest. If it turns out you're correct then I shall be the first to throw a used condom at the organisers.

But there's another issue here. If what you say is correct, and I'm beginning to see your logic; the schemes smacks of cowboy.

And so if the organisers are doing cowboy at this level, what will the track-day rules-enforcement be like.

MotoTT can clearly get a bit anal, but their track-day organisation looked pretty safe to me.

Hmmmm. We shall see on Jan 17th, cos I'll be there.