How are they controlling and proving up the amounts spent on these cars. Heck fire I'd get an Audi Quatro too if that's what they cost
Rouse
The GRM site with all the rules
http://grassrootsmotorsports.com/events/extra/2014-challenge-rules/ And this is the Budget portion from the above site:
Budget: Net cost of the Challenge car and its preparation for presentation at the event must be equal to or less than a dollar amount equaling the year of the competition. Up to half the total budget may be recouped by selling parts originally included with or attached to the Challenge car at the time of purchase. Your purchase price of the Challenge car cannot top that year’s budget cap.
In English, what does this mean?
For 2014, the budget cap is $2014.
For 2014, the most you can recoup through parts sales is $1007.
For 2014, the max you can initially pay for a Challenge car is $2014.
Documents supporting your budget (both purchases as well as sales) must be presented to the GRM staff and also must be made available to fellow competitors. We suggest putting these documents in some sort of three-ring binder. This budget book must be available during the “show” part of the event.
Costs to pick up your hooptie from the seller are exempt.
Title fees and so on, in case you bothered, are exempt.
Shipping counts toward parts prices. Sales tax does not.
These safety items are budget-exempt: seat belt or harness; fire extinguisher; roll bar padding; wheel lugs, studs and bolts; and your first four tires. Brake friction materials, lines, calipers, master cylinders, rotors and drums may be replaced with fresh ones that are functional duplicates. The purpose of this rule is to allow for fresh brake components, not to allow for budget shenanigans. For example, original brake parts cannot be sold and then rebought to take advantage of this allowance.
Any inside deals—parts, whole cars, trades, donations, stolen parts, etc.—must be added to the budget at fair market value. If you can’t figure out the value of a part, ask on the message board at grassrootsmotorsports.com.
Labor you perform yourself does not count. Any labor you pay for counts. If you run a shop and your paid employees work on the car, then it counts.
Crapcan Clause:
24 Hours of LeMons race cars are automagically legal, provided they meet the spirit and intent of our rules.
Hope this helps,
Gregg