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Folk racing has an interesting rule: > Anyone can place a fixed-price bid on any car, and the buyer is then chosen by draw. The fixed price in Finland is €2,00

Folk racing has an interesting rule: > Anyone can place a fixed-price bid on any car, and the buyer is then chosen by draw. The fixed price in Finland is €2,000 (≈US$1,650) or 8,000 SEK (≈US$1,000) in Sweden. Refusing to sell is grounds for having one's competition licence revoked https://en.m.wikipedia.org/wiki/Folkrace https://en.m.wikipedia.org/wiki/Folkrace

fragmede 3y ago
24 hours of LeMons has (had?) a similar rule. All cars must cost $500, and to help enforce that, they have a claiming rule, where after a race, organizers can buy any car from a team for $500.
- thaumasiotes 3y ago
  The claiming rule won't enforce the racing rule. All it does is limit the value of the car to "the value of winning the race, plus $500".
  - geon 3y ago
    The value of winning LeMons is zero, so...
    - thaumasiotes 3y ago
      In that case, there's no need to enforce any rules! The cost of cheating already exceeds any potential benefits.
      - fragmede 3y ago
        > BS Factor: To prevent cheating, all cars will be inspected by a panel appointed by the Organizers. At that time, all teams will be given an opportunity to describe the car’s purchase and prep. If the panel believes the limit set out in Rule 4.1 has been exceeded, it will assign a Bullshit Factor (BSF) equal to one BSF per $10 above the limit. The entry will be docked one lap for each BSF assigned. (Ten dollars = one BSF = one lap.) Entrants are very, very, exceedingly strongly encouraged to bring pre-race-prep photographs, verifiable receipts, notarized testimonials, plus any and all other supporting evidence to Tech/BS Inspection. Or at least make up plausible-sounding stories in advance. https://24hoursoflemons.com/prices-rules/#vehicle-price https://24hoursoflemons.com/prices-rules/#vehicle-price
persnickety 3y ago
€2,000≈US$2175 seems like the original article is extremely outdated. USD/EUR never came close to that exchange rate in the last 10 years according to xe.com.
- persnickety 3y ago
  Actually, it's just sloppy. https://en.wikipedia.org/w/index.php?title=Folkrace&diff=prev&oldid=937353027 https://en.wikipedia.org/w/index.php?title=Folkrace&diff=pre... The EUR value has been updated without updating the USD value.
- fragmede 3y ago
  Thanks for pointing that out. I updated it to reflect today's prices ($2,200; $800).

fragmede 3y ago

24 hours of LeMons has (had?) a similar rule. All cars must cost $500, and to help enforce that, they have a claiming rule, where after a race, organizers can buy any car from a team for $500.

thaumasiotes 3y ago
The claiming rule won't enforce the racing rule. All it does is limit the value of the car to "the value of winning the race, plus $500".
- geon 3y ago
  The value of winning LeMons is zero, so...
  - thaumasiotes 3y ago
    In that case, there's no need to enforce any rules! The cost of cheating already exceeds any potential benefits.
    - fragmede 3y ago
      > BS Factor: To prevent cheating, all cars will be inspected by a panel appointed by the Organizers. At that time, all teams will be given an opportunity to describe the car’s purchase and prep. If the panel believes the limit set out in Rule 4.1 has been exceeded, it will assign a Bullshit Factor (BSF) equal to one BSF per $10 above the limit. The entry will be docked one lap for each BSF assigned. (Ten dollars = one BSF = one lap.) Entrants are very, very, exceedingly strongly encouraged to bring pre-race-prep photographs, verifiable receipts, notarized testimonials, plus any and all other supporting evidence to Tech/BS Inspection. Or at least make up plausible-sounding stories in advance. https://24hoursoflemons.com/prices-rules/#vehicle-price https://24hoursoflemons.com/prices-rules/#vehicle-price

persnickety 3y ago

€2,000≈US$2175 seems like the original article is extremely outdated. USD/EUR never came close to that exchange rate in the last 10 years according to xe.com.

persnickety 3y ago
Actually, it's just sloppy. https://en.wikipedia.org/w/index.php?title=Folkrace&diff=prev&oldid=937353027 https://en.wikipedia.org/w/index.php?title=Folkrace&diff=pre... The EUR value has been updated without updating the USD value.
fragmede 3y ago
Thanks for pointing that out. I updated it to reflect today's prices ($2,200; $800).