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I am aligned with this viewpoint but in my experience you’d definitely want to own something you’re racing outright - I know several people who financed race / rally cars and destroyed them and then continued paying them off for five years. Most competition insurance is only third party, although it might be better for cash flow if you financed the car and spent the premium on fully comp insurance with an agreed value if wrecked
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Engine's in the right place, it's yellow and it leaves plenty of money for tires, fuel and entrance fees...
https://racecarsdirect.com/Advert/Details/107354/fiat-abarth-1000tc
mcmyk
ricky2slicky
@Dammit
I quite like Richie’s suggestion that I race an old 911 next year