Dearest VSGC kakis,
it's with much pleasure and honour to announce that the management team has secured the Sepang Track on
Saturday 23rd Feb 2008
for our very own VSGC Track Day! We'll rule the track on that day from
12 noon - 3pm
VSGC targets to have a min of 25 kakis to floor the accelerator on this historic occassion, so don't wait, confirm your participation now!
With 25 of us, it'll be $325/pax for an exclusive use of the Sepang F1 Track for 3 hours. We welcome more participants to join in the excitement. This will also effectively lower the fee for all.
The management team needs all your support and participation to make this dream event a reality!
Eligibility is simple:
A) Must be a VSGC member ( Non Volvo welcome too )
B) Bring a helmet. ( Group buy will annouce soon )
C) Payment to VSGC management upon registration.
a)Early Bird Registration will close on 18th Jan 2008, 2359hr. Track fee of S$325 will applies. Cheque must be posted marked by 19th Jan 2008 and make payable SOO WEE HONG. Please cheque mail to BLK 1002 #06-1407 TOA PAYOH INDUSTRIAL PARK S'PORE 319074.
Name, VSGC's nick,NRIC and Handphone must be written at back of cheque.
b)Thereafter, we still welcome sign-on until the actual trackday. Track Fee will be S$350.
c)2nd & 3rd driver on the same car will need to pay $50 per additional driver.
c)Each car on the track is allow to carry 1 passenger. Passenger is allow only in the front seat. No fee required for the passenger. Helmet is mandatory for passenger as well.
d)Please bring extra SGD on the track day. If transponders (to take your lap timings) are available for rent, they will cost SGD$30, plus an additional SGD$50 refundable deposit (in case of damages).
e)Final Track Fee will be $8125 divided by number of car. So the more participants with cars, track fee will be lower for each of us. Members registering after the 18th Jan attract $25 more, that's why registration after $18th Jan is S$350.
Eg. We have 40 registrations. But 15 registered after 18th Jan.
Track Fee wll be $8125 divided by 40, which is $203. So all will receive $325-$203, S$122 as refund.
f)No refund after registration and payment. Any refund available (based on no. of participants) will be made on Track Day. Additional Fee such as $50/pax for additional 2nd, 3rd driver, $25 for late registration will be used for running and maintenance of VSGC forum and organising future VSGC's events.
Dear All... up till today we have 27 cars going for the track. So the collections are $8775 ($325x27) plus $200 ($50x4 2nd Driver) and $50 ( 2x$25 payment after 18th Jan).
Total collected is $9025.
So each participants (with car) will expect $24 refund.... $8775-$8125= $650 divided by 27.
I'll pay cash to all on the Track Day itself.... but VSGC will be most appreciative if u would like your $24 be served as running cost for this forum.
Btw... I'm no CPA, apology for this accounting presentation. Let us have fun on 23rd Feb 2008 in Sepang!