Get behind Team Kiwi for your chance to win $

[CHOPPA]

I looked at all the options and Kiwibiker was at the very top of my list of places I thought we could find potential sponsors and a good old positive kiwi attitude


My ploy so far to get people behind this project is that I have managed to get the one and only Mr Craig Shirriffs on board! The Shirriff and I are planning an all out team Kiwi attack on the Formula Xtreme 500, $100000 winner takes all Endurance Race to be held at Sydney Motorsports Park in November.

The entire event is a massive undertaking. M1 Motorsport director Robert Ramshaw has agreed to supply us with equipment and the 2012 BMW S1000RR that I campaigned throughout the 2013 NZSBK national series.


Craig and I have decided that just to have the opportunity to race at such a prestigious event is reward enough in itself so if we were to win we will be donating all the prize money back to the people who have stepped up to support us at this event.


We need to raise $25000 to compete at this event.


If we win we will be giving back $4 for every $1 donated


Craig and I are 2 of New Zealands top Superbike riders. With the entrys limited to 50 teams and the share nature of endurance racing, the odds are not that bad!

Its not often you get a chance to bet on local motorcycle racing....

We are not accepting any money as yet until we can confirm our entry and all our ducks are in a row but you are the harshest of critics so it will be interesting to hear your thoughts before we float this idea to a larger audience

http://www.formula-xtreme.com.au/xtr...7?OpenDocument

[busadayz]

I looked at all the options and Kiwibiker was at the very top of my list of places I thought we could find potential sponsors and a good old positive kiwi attitude


My ploy so far to get people behind this project is that I have managed to get the one and only Mr Craig Shirriffs on board! The Shirriff and I are planning an all out team Kiwi attack on the Formula Xtreme 500, $100000 winner takes all Endurance Race to be held at Sydney Motorsports Park in November.

The entire event is a massive undertaking. M1 Motorsport director Robert Ramshaw has agreed to supply us with equipment and the 2012 BMW S1000RR that I campaigned throughout the 2013 NZSBK national series.


Craig and I have decided that just to have the opportunity to race at such a prestigious event is reward enough in itself so if we were to win we will be donating all the prize money back to the people who have stepped up to support us at this event.


We need to raise $25000 to compete at this event so we will be selling 25 'shares' at the value of $1000 each ($25000 Total)


If we win we will be giving back $4000 for every share purchased!


Craig and I are 2 of New Zealands top Superbike riders. With the entrys limited to 50 teams and the share nature of endurance racing, the odds are not that bad!

Its not often you get a chance to bet on local motorcycle racing....

We are not accepting any money as yet until we can confirm our entry and all our ducks are in a row but you are the harshest of critics so it will be interesting to hear your thoughts before we float this idea to a larger audience

http://www.formula-xtreme.com.au/xtr...7?OpenDocument

Good on you both, hope it works out for you.
Sorry cant help out with anything except words of encouragement.http://www.kiwibiker.co.nz/forums/im...ons/icon14.png

[shoutout]

I looked at all the options and Kiwibiker was at the very top of my list of places I thought we could find potential sponsors and a good old positive kiwi attitude


My ploy so far to get people behind this project is that I have managed to get the one and only Mr Craig Shirriffs on board! The Shirriff and I are planning an all out team Kiwi attack on the Formula Xtreme 500, $100000 winner takes all Endurance Race to be held at Sydney Motorsports Park in November.

The entire event is a massive undertaking. M1 Motorsport director Robert Ramshaw has agreed to supply us with equipment and the 2012 BMW S1000RR that I campaigned throughout the 2013 NZSBK national series.


Craig and I have decided that just to have the opportunity to race at such a prestigious event is reward enough in itself so if we were to win we will be donating all the prize money back to the people who have stepped up to support us at this event.


We need to raise $25000 to compete at this event so we will be selling 25 'shares' at the value of $1000 each ($25000 Total)


If we win we will be giving back $4000 for every share purchased!


Craig and I are 2 of New Zealands top Superbike riders. With the entrys limited to 50 teams and the share nature of endurance racing, the odds are not that bad!

Its not often you get a chance to bet on local motorcycle racing....

We are not accepting any money as yet until we can confirm our entry and all our ducks are in a row but you are the harshest of critics so it will be interesting to hear your thoughts before we float this idea to a larger audience

http://www.formula-xtreme.com.au/xtr...7?OpenDocument

Goodluck guys

[merv]

Why limit the offer to 25 shares, perhaps in these tough times it might be better to sell more shares at a lower price - you might get more interest at $250 each than at $1,000 each for example?

[tail_end_charlie]

Why limit the offer to 25 shares, perhaps in these tough times it might be better to sell more shares at a lower price - you might get more interest at $250 each than at $1,000 each for example?

Merv has a point there, I would be much more willing to throw in $250 than a grand.................that grand has to pay for my Cali SBK school levels.

"To be eligible to enter the 500 kilometre race domestic competitors will need to have competed in at least three rounds of the Australian FX-Superbike Championship Sprint Series in any class and or be a returning ex-pat racer or an international competitor wanting to team up with a local FX-Superbike racer. Teams will be limited to two competitors per bike and like with the V8 Bathurst Race team mates who both compete in the FX-Superbike class won’t be able to team up on the same bike."

So which of these applies?

[Edbear]

Fabulous idea! Should approach local media for interest/sponsorship too. I'll run it by my contacts but I'd definitely be interested in sponsoring the effort.

[CHOPPA]

Hey guys, thank you for the support!

Some very good ideas actually...

It would mean a tad more book keeping but we could actually say for every $1 donated if we win will return $4 you can donate as much or as little as you choose

I would have to word it correctly so it doesnt look like im running an illegal gambling operation but basically the bet would be on Team Kiwi to win paying odds at 4 to 1

[Maha]

''If we win we will be giving back $4 for every $1 donated''

You are after $25,000 in donations to enter? .. correct?
And if you win, you will give back 4-1 odds? all $25,000 X 4?..that would be a total of the $100,000 in winnings....is that correct?

If I donate $500 and you win, I will receive $2,000?
Perhaps 'double your money' would have been the better odds, incase you win.

[Str8 Jacket]

Awesome idea guys and I hope it works out for ya'll.

Just one question though - have you checked out the legality of your "plan"?

[quickbuck]

''If we win we will be giving back $4 for every $1 donated''

You are after $25,000 in donations to enter? .. correct?
And if you win, you will give back 4-1 odds?..that would be a total of the $100,000 in winnings....is that correct?

If I donate $500 and you win, I will receive $2,000?
Perhaps 'double your money' would have been the better odds, incase you win.

So, if you get $50000 in donations you will be paying out $200000 if you win?
I can see you going broke here Choppa?
Or, am I missing something here?

[Maha]

So, if you get $50000 in donations you will be paying out $200000 if you win?
I can see you going broke here Choppa?
Or, am I missing something here?

They are probably just after the entry fee, winning is not really a reality....possibly? cos 4-1 odds in favour is pretty good.

[budda]

Gotta love the maths on this thread ............

[CHOPPA]

''If we win we will be giving back $4 for every $1 donated''

You are after $25,000 in donations to enter? .. correct?
And if you win, you will give back 4-1 odds?..that would be a total of the $100,000 in winnings....is that correct?

If I donate $500 and you win, I will receive $2,000?
Perhaps 'double your money' would have been the better odds, incase you win.

That would be better for us but not as much of an incentive for people to put $$ in. Craig and I will be happy to just have the opportunity to race the event. We will cry if we win and give away all the money but thats the way it goes

Awesome idea guys and I hope it works out for ya'll.

Just one question though - have you checked out the legality of your "plan"?

Yup its all legit. Donations and prize money

So, if you get $50000 in donations you will be paying out $200000 if you win?
I can see you going broke here Choppa?
Or, am I missing something here?

Yeah mate you have, we 'only' need to raise $25000. We wont be offering this deal to anyone after we have raised the money however if you want to put more money in it will be happily received to go toward the other races I will be doing in OZZY

They are probably just after the entry fee, winning is not really a reality....possibly? cos 4-1 odds in favour is pretty good.

Yes, we are not trying to make money just cover expenses. Those odds are not calculated on our chance of actually winning, they are calcuted on prizemoney / expenses.

Craig and I have a very good shot at winning. We will be able to consistantly lap as quickly as anyone on the track in the race and the given there is only 50 bikes and the nature of endurance racing our odds are good

Gotta love the maths on this thread ............

[Maha]

So in effect, you are asking the public at large to fund something you otherwise can't afford to do?
Which is all well and good, I get that. What I don't get though, is the 1-50 odds on offer at a set rate of 4 X the original investment/donation.
Technically, it is not a ''donation'' if you're offering 4 X the money back...it's a short term investment...best get that clarified.

You may need to reword whats on offer. Just saying, this kind of thing has been tried a couple of times on here over the years and has yet to work out.
What you are doing is to be commended and all the best with that.

[quickbuck]

Yeah mate you have, we 'only' need to raise $25000. We wont be offering this deal to anyone after we have raised the money however if you want to put more money in it will be happily received to go toward the other races I will be doing in OZZY

Ah, I see.......
Fair enough.