What do you guys think of this?

[F1 monster]

You only need to look at the size of a few owners like Jay Leno and a few pictures of the footwell to know that is false.

As for mileage restrictions...that is for public roads only. There's plenty of private roads, racetracks, etc. Plus, there's another workaround. Buy the car, title it in Europe in the name of a European passport-holder/European corporate entity, and ship it in temporarily. No mileage restriction.
Third option, keep it in Europe, South Africa, Australia-no mileage restriction.
I have several others in mind, but these should be enough to get started.

I don't like the idea of a mileage restriction.
And I don't think the car will depreciate too much if serviced and maintained properly.

The amazing thing about this is that it's a one-time fee to get into the program. Then, for 1/20 the maintenance costs, you partially own the car for perpetuity, or until it's sold. Of course, you only own it for 2 weeks each year, but woo hoo!!!!

I don't like the idea of a mileage restriction at all. Each member should be allowed to use it as his vehicle for the two weeks he has the car. This means drive it continuously, track days (non competitive only), park it on the driveway, whatever you would want to do.

As for damage, yeah, that's a concern. A big one. I would get enough insurance to pay everyone back if it ever came to that. I wouldn't want to wait 8 months or more while the car was being fixed, if I was expecting it in a month.

I would also certify each driver, and get them to sign an agreement that stipulates reasonable restrictions.

[G-man422]

When i was refering to the f1 only having one seat i meant when they where first braought to the US.
But i now know most Mclaren F1's have 3 seats. My Bad. www.rapidcars.com/f1interior3.jpg

[Peloton25]

Let's just say that the one seat conversion may have happened once or twice, but didn't last very long. None of the first seven F1s that were imported by Amerispec as referenced in that Road & Track article have retained any of the changes that supposedly made them legal. There are other threads here where that has been discussed at length. You can probably find them by searching the forum for "Amerispec" & "Ameritech".

>8^)
ER

[SD F1]

Gentleman...(and Ladies if there are any) Things are slowly moving along. I will hopefully have more detailed information available (yes I was extremely optimistic in my earlier posts regarding this venture) by the end of 2005 early 2006.

WG

[Jimmyc]

This car sharing idea is pretty popular in Europe. Damon Hill the ex-formula one world champion has a company called P1 www.p1international.com. They don't have a McLaren but they do have a selection of pretty exclusive cars and the website explains how it all works - if anyone was in a position to make the mclaren purchase a viable proposition it would probably be a club like p1 given the likely wealth of the current members