Toyo Price Increase March 1

[Adam Ginsberg]

I have a cat.

You've got to come up with something new, Mitch.

[michaelmosty]

Dang Adam, if you don't spin so much you'll get more than 2 weekends out of a set of tires. :P

[Jeremy Gunter]

Thoughts??

Hoosier is a better tire?
Hoosier has them in stock?
Hoosier isn't blowing smoke up my ass about their tires?

I'm not saying Hoosier is the answer, I'm saying Toyo isn't!

[MikeP99Z]

Let's re-run the math using the reality of an AI car, and then look at the potential for CMC2 which has over 7 starters.

The regional championship was nil for AI because we didn't have 5 starters for more than 80% of the races.

Also, my AI car burns a set of tires per weekend (starting at 4/32). Does the $219 include shaving?


I'll make my edits to your example in red

Additional calcs in green for making tires last 2 weekends

Toyo Tire contingency:
Starters: 5 or more

1st= $150
2nd= $100
3rd= $75
4th= $50
5th= $25

Award- $400 Per Race

Regional Championship Bonus
1st= $1000
2nd= $500
3rd= $250

ROI (as if anything in racing can be looked at in terms of ROI, but go with it just for shits and giggles):
a) Investment - 275/40/17= $219 x 4 = $876
b) Use - 1 weekend (2 races, possibly longer)
c) Application - 5 racers x $876= $4380
d) ROI - $4380 / 2 race use cost = $2190 per race / $800 awards = $1,390 COST to AI Racers

Summary:
In this case 1st place finisher spends $876 and gets $300 in rewards (based on the above mentioned 1 weekend/2 race usage) for a total racer cost of $576
In this case 3rd place finisher spends $876 and gets $150 in rewards (based on the above mentioned 1 weekend/4 race usage) for a total racer cost of $726
In this case 5th place finisher spends $876 and gets $50 in rewards (based on the above mentioned 1 weekend/2 race usage) for a total racer cost of $826

On a larger scale, each racer will likely purchase approximately 24 tires for an entire season (6 race weekends in TX some racers may buy more, some may buy less). Using the 24 tire formula, 10 racers x 24 tires= 240 x $219 = $52,560 investment. Total awards would be $400 x 12 races = $4800 + $1750 in Regional Championship money for a total award package of $6550. The percentage of return is 12.5%

e) Use = 4 races ROI - $4380/4 = $1095/$1600 awards = $505 RETURN to racers

Using the 12 tire formula, 10 racers x 12 tires= 120 x $219 = $26,280 investment. Total awards would be $400 x 12 races = $4800 + $1750 in Regional Championship money for a total award package of $6550. The percentage of return is 25%

Hoosier Tire contingency:
Starters: 5-6 (similar in the Toyo example)

1st= 1 Free Tire ($280 value)
2nd= 1 Free Tire ($280 value)

Award- $560 Per Race

ROI (yeah, yeah.....):
a) Investment - 275/40/17= $280 x 4 = $1120 (28% more expensive)
b) Use - 1 weekend (2 races)
c) Application - 5 racers x $1120 = $5600
d) ROI - $5600 / 2 race use cost = $2800 per race / $1120 awards = $1680 COST to AI racers

Summary:
In this case, 1st place (and 2nd place) finisher spends $1120 and gets $560 in rewards (based on the above mentioned 1 weekend/2 race usage) for a total racer cost of $560
In this case, 3rd place finisher spends $1120 and gets $0 in rewards (based on the above mentioned 1 weekend/2 race usage) for a total racer cost of $1120
In this case, 5th place finisher spends $1120 and gets $0 in rewards (based on the above mentioned 1 weekend/2 race usage) for a total racer cost of $1120

On a larger scale, each racer will purchase 24 tires for an entire season. 10 racers x 24 tires= 240 x $280 = $67,200 investment. Total awards would be $560 x 12 races = $6720. The percentage of return is 10%.

e) Use = 4 races ROI - $5600 / 4 race use cost = $1400 per race / $2240 awards = $1120 RETURN to racers

Using the 12 tire formula, 10 racers x 12 tires= 120 x $280 = $33,600 investment. Total awards would be $560 x 12 races = $6720. The percentage of return is 20%.

CMC2 - 7 starters or more

Toyo

Award- $400 Per Race

c.) 7x$876 = $6132
d.) 6132/2 races = 3065/800 = $2265 cost to CMC2 racers

1st place - 6x876 = 5256-1800-1000= $2456 per season on tires
2nd place - 6x876 = 5256-1200-500 = $3556
3rd place - 6x876 = 5256-900-250 = $4106
4th place - 6x876 = 5256-600 = $4656
5th place - 6x876 = 5256-300 = $4956

Total spent (places 1-5) = $21,480
Total spent by podium finishers = $10,118

e) Use = 4 races, ROI - 6132/4 races = 1533/1600 = $67 RETURN to CMC2 racers


1st place - 3x876 = 2628-1800-1000= $172 RETURN per season on tires
2nd place - 3x876 = 2628-1200-500 = $926 cost per season
3rd place - 3x876 = 2628-900-250 = $1478
4th place - 3x876 = 2628-600 = $2028
5th place - 3x876 = 2628-300 = $2328

Total spent (places 1-5) = $6588
Total spent by podium finishers = $2232


Hoosier

Award- $1120 Per Race

c.) 7x$1120 = $7840
d.) 7840/2 races = 3920/1120 = $2800 cost to CMC2 racers

1st place - 6x1120 = 6720-6720 = $0 per season on tires
2nd place - 6x1120 = 6720-3360 = $3360
3rd place - 6x1120 = 6720-3360 = $3360
4th place - 6x1120 = 6720-0 = $6720
5th place - 6x1120 = 6720-0 = $6720

Total spent (places 1-5) = $20,160
Total spent by podium finishers = $6720

Something about grocery stores and Mary Poppins come to mind. It pays to be on the podium, with the Hoosiers you would have to work for it guys.


e.) 7840/4 races = 1960/2240 = $280 RETURN to CMC2 racers

1st place - 3x1120 = 3360-6720 = $3360 RETURN per season on tires
2nd place - 3x1120 = 3360-3360 = $0 cost
3rd place - 3x1120 = 3360-3360 = $0 cost
4th place - 3x1120 = 6720-0 = $6720
5th place - 3x1120 = 6720-0 = $6720

Total spent (places 1-5) = $10,080
Total spent by podium finishers = $3360 RETURN


AI/CMC2 - 3 starters

Toyo

Award- $90 Per Race

c.) 3x$876 = $2628
d.) 2628/2 races = 1314/180 = $1134 cost to AI/CMC2 racers

1st place - 6x876 = 5256-480 = $4776 per season on tires
2nd place - 6x876 = 5256-360 = $4896
3rd place - 6x876 = 5256-240 = $5016

Total spent (places 1-3) = $14,688
Total spent by podium finishers = $14,688

e.) Use = 4 races ROI 2628/4 races = 657/360 = $297 cost to AI/CMC2 racers

1st place - 3x876 = 2628-480 = $2148 per season on tires
2nd place - 3x876 = 2628-360 = $2268
3rd place - 3x876 = 2628-240 = $2388

Total spent (places 1-3) = $6,804
Total spent by podium finishers = $6,804

Hoosier

Award- $280 Per Race

c.) 3x$1120 = $3360
d.) 3360/2 races = 1680/560 = $1120 cost to AI/CMC2 racers

1st place - 6x1120 = 6720-3360 = $3360 per season on tires
2nd place - 6x1120 = 6720-0 = $6720
3rd place - 6x1120 = 6720-0 = $6720


Total spent (places 1-3) = $16,800
Total spent by podium finishers = $16,800


e.) Use = 4 races, ROI - 3360/4 races = 840/1120 = $280 RETURN to AI/CMC2 racers

1st place - 3x1120 = 3360-3360 = $0 per season on tires
2nd place - 3x1120 = 3360-0 = $3360
3rd place - 3x1120 = 3360-0 = $3360


Total spent (places 1-3) = $6,720
Total spent by podium finishers = $6,720

[AllZWay]

Can I get the clif notes version? Which has a better plan? :lol:

[edrock96GT]

I wasn't looking at a larger scale, but more at the scenario for the Texas region:

I race in AI, I pretty consistently finish 4th (behind Marshal, Frank, and either Dave Neary or Bryan/Dave Garland). I get $50 bucks per toyo race. I'm heading into my 3rd season on one set of toyos and I'm looking at replacing ONE soon (maybe my tire longevity will work for Hoosier's also, although not last nearly as long...maybe 3-4 weekends?) so I didn't factor such rapid tire wear.

One weekend=$100 "bucks"

We normally have 2 drivers in AIX (2 cars=no tires). I could switch to AIX, raise the car count to 3, and have a better chance at some first place tire awards.

One weekend=2 new tires.

[MikeP99Z]

Can I get the clif notes version? Which has a better plan? :lol:

Make your tires last as long as they can.

[Alien]

Can I get the clif notes version? Which has a better plan? :lol:

If a train leaves Boston for New York at 7am and travels at 60mph...

[michaelmosty]

New question:
Who feels their RA1's (date coded the end of 09 or all of 2010) didn't last as long as their tires from the pre-888 days?

[ShadowBolt]

New question:
Who feels their RA1's (date coded the end of 09 or all of 2010) didn't last as long as their tires from the pre-888 days?

I do. Until the 888 BS I would buy two sets a year for six weekends and have plenty of tire. I don't think we can make a full season (with a few 1/2 day CBP's) on two sets now. I also used to order at 3/32 now I get them 4/32. Maybe that is hurting the life of the tire but I can't see how.


JJ