2009 Elevator Pitch Competition

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Get on Track

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  • Currently 6.09/10

Rating: 6.1/10

More About "Get on Track"

I am Scott Freund, the CEO of Freund Enterprises, LLC based in Northern California. Our company’s focus is motorsports entertainment. Even in these tough times in America, there are still driving clubs and driving experiences popping up at tracks around the country. Why is this? Because America is a car and driving culture. Companies are still investing millions of dollars in sponsorship and in motorsports investments. Stock Cars are the most recognized and popular form of racing in America. Freund Enterprises has started Get on Track, which offers racing fans and driving enthusiast the opportunity to experience the thrill of driving or riding in a stock car at some of America’s most challenging road courses. Get on Track is one of a small group of Stock Car driving experiences that has participants driving or going for a high-speed ride along on road courses. We are also one of the few stock car arrive-and-drive or ride experiences on the west coast. We are looking for investors and partners that are enthusiastic about motorsports and that want to be a leader in motorsports entertainment. Revenue is generated in a few different ways.
· First - participants that arrive-and-drive or ride
· Second - Corporate events where the day is developed specifically for a company with team building events and driving or riding
· Third – Sponsorship and marketing partners
· Fourth - retail sales of photos, DVDs, T-shirts, hats and other racing memorabilia
· Fifth – show cars hired out as displays

Our team has the knowledge and professional support to succeed in motorsports entertainment. I have been involved in racing for nearly 20 years as a driver in the NASCAR Weekly series in a premiere division. I have also worked for other motorsports entertainment companies. Lisa Freund is our office manager and handles daily operations of Freund Enterprises, LLC. We have a team of professionals from legal counsel, insurance agents and a CPA for accounting.

We currently operate with one authentic racecar. The car is equipped with in-car cameras and a radio system so driver and rider can communicate while on the track. The response to Get on Track has been very positive and we are able to fill available track dates with participants.

Our goal is to have a fleet of cars available for events. The more cars on track the bigger the revenue. We are looking for $450,000 to bring Get on Track to the forefront of Motorsports entertainment. This investment will be utilized to purchase cars, lease or purchase transport vehicles and trailers, a warehouse facility, spare parts and other items to keep the business going for 3 years. Investors will receive a percentage of the profit from each event.

Motorsports entertainment is our passion, and I hope our investors. For more information please visit us on the web at scottfreundracing.com.

Visitor comments

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  • Sounds like a facinating enterprise! I hope you get your investor....Read more
  • I would be interested in bringing my company to one of your events. Sounds like a great way to show...Read more
  • Great Job on your pitch...Read more