Why choose K1 Speed Go Karting?
Successful Owners Can Expect.. Founded in 2003, K1 Speed has grown to become the premier indoor go kart racing company worldwide. With 60 kart racing locations across the globe and growing, K1 Speed brings the thrill and excitement of indoor karting to a large audience.
What is K1 Speed?
Offering highly-advanced and environmentally-friendly electric go karts as well as authentic racing memorabilia, a Paddock Lounge café, private meeting rooms and game areas, K1 Speed is an upscale family entertainment center to visit with family and friends or to host a corporate event or party.
Do I need an annual membership to race at K1 Speed?
Yes, you will need to purchase an annual membership if you are looking to race at K1 Speed as an Arrive & Drive racer. If you book a party, you and your guests will have the membership waived, however you will need to purchase one if you return to do Arrive & Drive racing. How long is the annual membership valid for?
What kind of games do they play at K1 Speed?
All K1 Speed centers typically have an arcade and some table-based games such as billiards or foosball to keep the action going while you’re off the track. Is there a place to eat and drink at K1 Speed?
How much does K1 Speed make a year?
At K1 Speed, the highest paid job is a General Counsel at $269,351 annually and the lowest is an Admin Assistant at $46,818 annually. Average K1 Speed salaries by department include: IT at $91,309, Legal at $269,351, Sales at $216,914, and Marketing at $133,523. Half of K1 Speed salaries are above $118,251.
Who owns K1 Speed?
David DanglardDavid Danglard, founder and CEO of K1 Speed, started the company in 2003. The company calls itself the world's largest indoor kart racing operator with 42 locations in 10 countries.
How long does a K1 Speed membership last?
one full yearYour annual membership is good for one full year from date of purchase. If your membership has expired, you'll be able to renew it for another $7.95 when you purchase your next race. Not sure when if your membership has expired?
Are Go Kart tracks profitable?
While a go-karting business can cost a lot to open, its profits can be large. LLC go-kart businesses can make between $500,000 and $700,000 yearly, if they're smart about attracting and retaining visitors.
How many K1 speeds are there in the United States?
59 locationsK1 Speed has 59 locations across the United States, Canada, Mexico, Dominican Republic, South Korea, Puerto Rico, Kuwait, Italy, China and France.
How many K1 Speed locations are there?
K1 Speed has over 59 locations worldwide to satisfy your need for speed.
Is K1 Speed worth the money?
Although a bit pricey (family of 4 $180 for 3 races), it's well worth the price! Best go karts I've experienced and I love the fact that there is ZERO exhaust fumes and it's all indoors, so weather is no a factor. My kids ages 9 and 13 had a blast as well! A must try if you're in the mood for a REAL racing experience.
Can I use my own helmet at K1 Speed?
Yes, you can wear your own helmet at K1 Speed as long as it is Department of Transportation (DOT) approved with a full-face cover and equipped with a visor or goggles.
How fast does K1 Speed karts go?
Individuals 4'10” or taller can drive their electric karts that speed up to 45 mph. Juniors 4' (48”) or taller can drive junior karts, which are also electric and reach speeds of 20mph. No reservation is needed to drive, either. Simply Arrive & Drive!
Can you make money racing go-karts?
Some reports have stated that go-kart racers can earn up to $130,000. That, however, is rarely the case, with most drivers earning $10,000 or less from winning tournaments. If you're not racing on an international level, you'll likely not make any money from racing.
How do I start a small go-kart business?
So we've collected the 10 simple steps to take before launching the karting startup.Business plan. Always start with detailed business planning. ... Memberships & Passes. Then, think about the model you'd like to work with. ... Taxes. ... Professional team. ... Bank account. ... Business accounting. ... Permits and licenses. ... Insurance.More items...•
How do I start my own go-kart racing business?
How to Start a Go-Kart BusinessCreate Your Business Plan to Obtain Financing. ... Set Up Your Legal Entity. ... Obtain Licenses, Permits and Insurance. ... Create a Liability Release Form. ... Build Your Expert Support Team. ... Establish Your Pricing. ... Final Important Considerations.
Are all K1 Speed tracks the same?
Each location offers a unique track available only at that location, so there are some slight differences depending which K1 Speed you visit. However, the majority of our tracks are around a quarter of a mile in length.
Can I use my own helmet at K1 Speed?
All Racers Wear DOT-Approved Full-Face Helmets At K1 Speed, wearing a helmet is mandatory, but not just any ol' helmet lying around the garage. We require all racers wear a Department of Transportation (DOT)-approved helmet that provides full-face protection.
What go karts does K1 Speed use?
K1 Speed uses all-electric go karts imported from Italy. These electric karts produce zero emissions so you can breathe easy and not reek of exhaust when you leave. Plus, they produce instant torque (power), have super nimble handling, and approach speeds of 45mph!
What is the top speed of a go kart?
Most karts max out around 40-50mph, while this is a maintained speed that is safe and as controlled as you can be. It's a speed that is comfortable in the sense of you wont fly off the track, and hurt other racers or patrons. At LVGP ours max out at around 45mph.
Where is K1 Speed located?
As a result, K1 Speed can now be found outside the United States in 12 locations and 6 different countries around the world: Mexico, Canada, Puerto Rico, South Korea, China, and France. An additional 8 locations in 6 countries are planned to open in 2021 alone, with expansion into Italy and Panama.
What is a K1 speed?
Offering highly-advanced and environmentally-friendly electric go karts as well as authentic racing memorabilia, a Paddock Lounge café, private meeting rooms and game areas, K1 Speed is an upscale family entertainment center to visit with family and friends or to host a corporate event or party.
How long did it take K1 to reopen?
The K1 team helped us to completely retrofit an old looking center into a very bright and inviting place. We were able to re-open the center in only 45 days.
Who is the largest go kart operator in the world?
Have you dreamed of starting your own indoor go kart racing business? Then open a franchise with the world’s largest operator – K1 Speed !
Is K1 Speed expanding?
K1 Speed is looking to expand across the United States. Based on our research, we’re specifically targeting the locations that appear below. If your desired city is not listed, you can still submit a form. You will then be notified when new opportunities in that area become available.
Does K1speed care about customers?
K1speed care about customers as same treatments as in US, professional training to my Chinese staff while they know what to do in every circumstance to satisfy our customers.
Is K1 Speed an international franchise?
K1 Speed is offering both international franchises, and opportunities for select US states . If you are interested in opening a K1 Speed please fill out the form below.
When was K1 Speed founded?
Founded in 2003, K1 Speed has grown to become the premier karting company worldwide. With kart racing locations in the U.S. nationwide, K1 Speed brings the thrill and excitement of indoor karting to a large audience.
What is K1 speed?
Founded in 2003, K1 Speed is the United States' largest indoor kart racing operator with over 40 centers around the world that offer a unique upscale entertainment concept for casual consumers, racing enthusiasts and corporate or group events. K1 Speed is the first choice for anyone who wants to experience genuine racing in state-of-the-art European electric karts that are eco-friendly and safety oriented while providing superior performance to traditional gas karts. Each K1 Speed location is designed as a large entertainment venue with professionally-designed tracks and cutting-edge décor showcasing authentic racing memorabilia along with ample seating and viewing areas, spacious lobbies, meeting rooms and a place to eat and drink.
Is K1 Speed accepting new applicants?
While K1 Speed is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.
Where is K1 Speed located?
K1 Speed Canada currently has locations in Ontario and Quebec. Click HERE and visit our Location page.
How long is K1 Speed membership good for?
The K1 Speed annual membership is valid for one full year after purchase (e.g. if you purchase your membership in March, it will remain active until March the following year). After the annual membership has expired, you will need to purchase an additional annual membership if you want to race, that will last for another 365 days.
How fast is a K1 speed?
K1 Speed’s 20-horsepower electric go-karts can reach speeds of up to 45 kilometers per hour – the fastest in the industry. The Junior karts can reach speeds of up to 30 kilometers per hour.
How long is the K1 track?
However, the majority of our tracks are around a quarter of a mile in length.
What is group event at K1?
Group Events provide many benefits at K1 Speed over the Arrive & Drive option including: a reserved time, private racing for your group, awards for the top three finishers of the final race, and a race for position rather than time – plus other bonuses!
What do you need to bring to K1 Speed?
All you need to bring to K1 Speed is yourself, a form of payment, and the appropriate attire (see previous question). We’ll provide the headsock, helmet and kart!
How old do you have to be to ride a K1?
How old do you have to be to race at K1 Speed? Children should be 8 to 9 years of age or older, and must meet the minimum height requirement of at least 48″ to ride in our junior karts. Those 14+ years of age and at least 58″ or taller may be eligible to ride in our adult karts.