Racing company uses a modified time share concept where drivers own a a share of the company and therefore access to a race car. The cost of admission funds the acquisition of cars and a repair/maintenance fund for the cars.. The founding members fund the cars and subsequent racing members buy down the founding members. Every time a car is used, members are charged and the repair and maintenance fund (about $250 an hour) is replenished. Working on an insurance program with a $10,000 deductible
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