7 Streams of Revenue to Fund Your Race Team

You can absolutely build a legitimate AND profitable business from your race team! Sometimes, though, you have to go beyond the obvious to bring in extra revenue. In this episode, Liz, a motorsports attorney, discusses 7 streams of revenue race teams can use to fund their teams. Some examples are -
🏁 Race winnings
🏁 Product and cash sponsorships
🏁 Merchandise sales
🏁 Fan clubs
🏁 Social media
🏁 Affiliate marketing
🏁 Digital products
Don’t let the naysayers convince you that racing can never be more than just a hobby!
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As always, thank you for checking out our channel and seeing what our lives are like living and working within the racing industry!

[@jodywells7519]

These boys definitely chose their wives wisely! She is a great speaker and by no means difficult to look at either

[@ThunderMS34]

The best sponsorship I got was just an exhaust pipe ran out the side of my enduro car got it installed for free at local muffler shop. Also had my virtual racing sponsor send a sticker to run on the hood of my car.

[@highspeedhustle]

Very nice!

[@rickysullivan4384]

The brain behind the team. Looks like they are in good hands.

[@highspeedhustle]

Awe, thank you!

[@scable-eq7bp]

Awesome video, lot's of good information. Racing is expensive and you seldom win enough to cover your weekly racing budget. It takes money to make money. I was blessed because my grandparents our quite wealthy and they funded our teams. Don't get me wrong, we built our own cars except the frame fabrication and a lot of my personal money went into the operation, but my grandfather didn't want any outside money (sponsorship) coming into the operation. He figured we could control our own destiny without no outside influence. We raced for twenty years, it was a fun "hobby". We ended closing up shop and everyone went their different ways. I moved to the Florida Keys and am living on a sailboat. Debt free and no stress....

[@highspeedhustle]

Oh my goodness, that sounds like the dream!

[@fredcurtis2876]

Great job Liz! Would love to see you do an interviews with all the wives, girlfriends, and Theresa about how each of you handle the challenges of being part of a racing family. I am sure each of you could added some tremendous insight for the race teams to help them cope with their challenges as well. Keep up the great work and May God continue to bless each you and your endeavors.

[@richwalling6694]

There was a saying "how to make a million racing" "That's easy start out with 2 million"

[@highspeedhustle]

😂😂

[@teresagoodwin7458]

Fantastic information Liz💞 You're super smart and got a great workable plan in place for the HTF team and now other people wanting to increase their ability to race more frequently can do so because you shared priceless information giving them very valuable advice on how to get money coming in to help fund their own race car. Thanks for sharing your wealth of knowledge with us. It's always great hearing about whatever specific topics you are going to cover in the next video. I really appreciate your time put in to do all these different things to help those who really want to race but are on a shoestring budget. This video will help them tremendously. Thanks so much. GOD BLESS YOU AND YOUR PRECIOUS FAMILY AND THE REST OF THE HTF TEAM AND THEIR RESPECTIVE FAMILIES NOW AND ALWAYS 🙏 AMEN 🙏

[@glenharper3136]

Liz is the best speaker of all the Joiners.

[@T-Bone0671]

Great information, things Ive not thought of before and pretty simple road map to help support this sport that we all love

[@KEIFabrication]

Thanks for this information! It is obvious that some of these revenue generating opportunities are things that I need to pursue. Some of these are "low hanging fruit" that can help get the income moving toward us with low investment in time and money. Thanks again!

[@mathewpierce6385]

Great job, very informative! I’m going to look into it!😁

[@highspeedhustle]

Awesome! Thank you!

[@rickjones6798]

All that information I think it would even work for guys that are running Street stocks not just super late models like hunt the front but it's definitely worth looking into even for guys that run the lower class divisions but thanks Liz enjoyed your video

[@highspeedhustle]

I agree 100%! These are all revenue streams any race team can tap into!

[@thatcurveguy]

Good information. Thanks Liz.

[@highspeedhustle]

You are welcome!

[@rodconner9079]

Great insight and info!!! Getter-Done!!!! Let's Gooooooo!!! Be Safe

[@highspeedhustle]

Thanks!!

[@saltybildo9448]

You're a lucky man Joshua

[@highspeedhustle]

Awe, thanks!

[@MLMWarriors]

Excited excellent

[@babsme6459]

Hopefully other teams are watching this and learning.

[@highspeedhustle]

Yes!

[@jasonlong3929]

Great job

[@highspeedhustle]

Thank you!

[@DonnieJackson]

Is there anyway I can get u show how start a KZbin channle how can I do it with out video

[@highspeedhustle]

That’s a good idea for another video!

[@David-if1ou]

Okay Liz What if I won a billon dollars in the lottery can I start my race team. LOL Thats to much work I'll just watch you guys instead.

[@highspeedhustle]

Yes, you can!! And you can share 😂😂 someone just won the big lottery here in FL and I can’t say I’m not jealous

[@austincraig6589]

​@highspeedhustle a guy here in virginia won the lottery years ago and ended up starting a truck team. he had Ron Hornaday as a driver. I think his name was joe danette

[@williamcarr8543]

You never race with your money you use someone else's

[@highspeedhustle]

😂