At this year’s SEMA show, there was no bigger news for Corvette enthusiasts than the announcement of the Michelin Corvette Challenge racing series to be held at Spring Mountain Motor Resort and County Club. The series will feature entry level racers competiting in identical, track-ready Corvette Stingrays over the course of eight weekends at Spring Mountain.
While details were slim at the SEMA annoucement, we do have more details to share including the biggest question of all – what’s it going to cost?
The Michelin Corvette Challenge racing package is basically divided into two sections, the cost of the 2016 Corvette Stingray and the cost to race in each of the eight weekends.
The track-prepped Corvette Stingray, identical to the Track Day Concept shown at SEMA, features Z06 performance parts including aerodynamics, braking, suspension and cooling. The car also is set up for racing with a roll bar, racing seat and 5-point racing harness. The overall cost of the series car is $116,000 and includes the following:
- Ownership of a track-ready 2016, Z51 model Corvette Stingray (vehicle delivery date, Dec. 10, 2016)
- All Chevrolet Performance Parts Upgrades (approximate value $20,000)
- Safety equipment (roll bar, racing seat, racing harness, two-way radio)
- 1 set of Michelin Pilot Sport GT Competition tires (approximately $2400 per set)
- 2 sets of Forgeline racing wheels (approximately $4000 per set)
- 2-day mandatory pre-event MCC series accreditation school
- Custom Stand 21 racing suit
- Onsite insurance and storage for duration of 2016 Michelin Corvette Challenge (insurance does not include on-track activities)
- One year limited Spring Mountain Motor Resort & Country Club Membership* (value $15,000 includes 10 additional track days)
The series will feature eight race weekends through 2016 and each weekend consists of two races except for the final weekend in December which will feature the final race of the year and then race banquet. The estimated weekend cost for the Michelin Corvette Challenge is $7,900 and includes the following:
- 6, Michelin Pilot Sport GT Competition tires (maximum 6 tires permitted per race weekend)
- Driving coach/spotter for each race weekend
- Pre-event mechanical preparation (excluding crash damage)
- Race weekend basic mechanical maintenance support
- Fuel (estimated use, billing will be actual)
- Access to social and media exposure team
With eight weekends of racing, the total estimated cost of participating is $63,200. Entrants must commit to the full 16-race schedule as well. To help defray costs, teams can choose to share the car with another driver and the series will recognize both individual and team championship awards at the end of the season.
If you are interested in racing in the Michelin Corvette Challenge, a deposit of $85,000 will be required along with the completed registration upon acceptance. The final payment of $31,000 for the track car will be due on May 1, 2016. Ten days prior to each race weekend, a deposit of $6,000 is required. Failure to pay the deposit will result in loss of entry and vehicle ownership.
So to recap, the cost of the track ready corvette is $116,000 and eight weekends of racing are estimated at $63,200 for a final estimated season cost of $179,200.
As the racing series is held at the Spring Mountain Motor Resort and Country Club, participants can upgrade their limited membership offered in the racing package to a full Michelin Corvette Challenge Charter Membership for $35,000. Further discounts are available.
Are you ready to race in the Michelin Corvette Challenge Series? You can fill out the application at www.MichelinCorvetteChallenge.com or call Grace Stickney at Spring Mountain (800-391-6891) for more additional questions or details.
Michelin Corvette Challenge
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