Ya know, if about 10 to 15 people went in on a group buy of a Z06, we could afford to get a used 2002, low mileage 405 hp car in the low $30s. About $2200 each for 15 people could get you a nice $34K car. Or maybe you'd want to limit the ownership to ten people or less and just have each member pay more.
We could establish an organization and let the "company" own the car, kind of like groups go in and buy a big houseboat. We'd have to set up an escrow fund to take care of repairs etc. And I'm not sure how insurance would work... but I think it is entirely possible. Chances are that all the owners wouldn't be able to make it to every event, and responsibilities for routine maintenance, etc. would come out of "membership" fees or annual dues. We might be able to get a special "agreed value" insurance policy that covers the vehicle when being trailered, stored, etc. If we didn't register the car for street use, the cost would go down and we'd have that money to put into maintenance, car parts, etc.
We could have an SS class with ten entrants at every event! I'm not sure the max number of drivers we could really handle on one car, but if the car ran all four heats, I could see us realistically handling 8 drivers with no problem.
Mike, you set it up for us ok?
Miles