First our project will be a quality facility but not to the grand scale of MMP right off the bat. Since we are private (unlike CAMA which is more public) we don't make public a lot of internal items such as financing or budget. That being said, soon we will be offering Memberships on our website that we will take deposits on and will be refundable up until a short period prior to opening (therefore we are saying we won't take your money until we are almost done with construction). Thus, if you commit to a Membership you will know the track is going to be completed before you have to pay most all the funds for the Membership. For your Membership fees you will have track time and use of the facilities (you will have to wait until we post the Membership information to see what kind of track time you will get - sorry, it's still at the lawyers)Originally Posted by stuntriders
That is really great news!
So I am just being curious again, but how does Genoa's financial situation look? I know that our club /club's (CAMA) are currently raising money to build our track. We have also been told that construction will not begin until we have enough to finsh the track. Will Genoa need to do something similar? What does your overall budget look like? Are you planning a MMP style facility or something a little smaller?
Thank you for answering our questions!
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