Who owns Pole Position Raceway?
Pole Position Raceway was created in September 2005 in Corona, California, by co-founders Jason Williams and Ken Faught.
How much does it cost to start a Go Kart company?
The average go-kart business can cost up to $300,000 to start, due to a plethora of startup costs. Owners will need to supply a warehouse, a multitude of karts, gasoline, maintenance tools, insurance, track materials, and safety equipment.
Are Go Kart tracks profitable?
Go-karts can be a very profitable venture. You'll need a good location, appealing track design, and great service and you can be successful.
Did K1 buy pole position?
, Aug. 2, 2022 /PRNewswire/ -- K1 Speed, the world's largest indoor go kart racing operator, announces today their acquisition of Pole Position Raceway and its two company-owned karting centers in Las Vegas, Nevada and Corona, California.
How much does K1 Speed make a year?
Average K1 Speed hourly pay ranges from approximately $9.93 per hour for Ride Operator to $25.92 per hour for PPC Specialist. The average K1 Speed salary ranges from approximately $18,000 per year for Customer Service Associate / Cashier to $184,648 per year for General Manager.
How many acres do you need for a go kart track?
General Space RequirementsOUTDOOR TRACK TYPEDIMENSIONSAVERAGE SQUARE FT.1,000′ Track52,500 sq. ft. (1.21 acres; up to 25 karts)1,200′ Track65,000 sq. ft. (1.5 acres; up to 30 karts)Family Tracks (include pit and maintenance space – approx. 40′ per gas kart; approx. 30′ per electric kart)2 more rows
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 much would it cost to build a Go Kart track?
A: A good track costs approximately $125 – $150 per linear foot including the rail system, fencing, queue lines, pit area, and light poles with lights. This does not include bridges or covering over the pit area, service garage, ticket sales building or go-karts.
How do I start a go cart 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.
How fast do pole position cars go?
45mphDo I have to bring my own kart? No, Pole Position Raceway provides state-of–the art 20hp karts for adults and 10hp karts for junior Racers. Our karts can approach speeds up to 45mph for adults and approach 20mph for kids.
How fast are K1 Speed karts?
45 miles per hourHow fast are K1 Speed's go karts? K1 Speed's 20-horsepower electric adult go karts can reach speeds of up to 45 miles per hour – the fastest in the industry. The Junior karts can reach speeds of up to 20 miles per hour.
How fast is a good 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.
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.
Can you make money go kart racing?
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 much would it cost to build a go-kart track?
A: A good track costs approximately $125 – $150 per linear foot including the rail system, fencing, queue lines, pit area, and light poles with lights. This does not include bridges or covering over the pit area, service garage, ticket sales building or go-karts.
How do you start a go-kart?
How to Start a Go-Kart the Right WayEnsure that you have enough fuel.Make sure there is enough engine oil.Pull on the starter cord to start engine.