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They did a charity drive for people who wanted to donate, but the tickets go directly to the organizers.
Interesting to see how well this year's show did.
Spoiler!
Rough Estimates ONLY below:
----------------
Lets just say 5,000 came this time, up from 3,000 last year.
5,000 x $50 per ticket (not counting VIP and promo codes):
=
$250,000 from ticket sales
Sponsors?
There were around 52+ sponsors.
Not sure how much it cost to sponsor...
Lets just say $3,000 per sponsor on average.
$156,000 from sponsors
$406,000 total in revenue streams
----------------
1-Cost for catering and alcohol for VIP section:
Probably $35,000 to $50,000.
2-Event Staff of 30 paid + volunteers
$600 for 2 days x 30 = $18,000
3-Van Dusen Garden Rent for 2 days for the Garden
$12,000 per day at least x 2 = $24,000
4-Signs, tents, lighting equipment, technical/engineering crew
$25,000
Total cost: $117,000
-----------------
$406,000 - $117,000 = $289,000 profit.
This varies depending on how much the sponsors paid, and this is dependent on what tier the sponsors are (the largest to the smallest).
They did a charity drive for people who wanted to donate, but the tickets go directly to the organizers.
Interesting to see how well this year's show did.
Spoiler!
Rough Estimates ONLY below:
----------------
Lets just say 5,000 came this time, up from 3,000 last year.
5,000 x $50 per ticket (not counting VIP and promo codes):
=
$250,000 from ticket sales
Sponsors?
There were around 52+ sponsors.
Not sure how much it cost to sponsor...
Lets just say $3,000 per sponsor on average.
$156,000 from sponsors
$406,000 total in revenue streams
----------------
1-Cost for catering and alcohol for VIP section:
Probably $35,000 to $50,000.
2-Event Staff of 30 paid + volunteers
$600 for 2 days x 30 = $18,000
3-Van Dusen Garden Rent for 2 days for the Garden
$12,000 per day at least x 2 = $24,000
4-Signs, tents, lighting equipment, technical/engineering crew
$25,000
Total cost: $117,000
-----------------
$406,000 - $117,000 = $289,000 profit.
This varies depending on how much the sponsors paid, and this is dependent on what tier the sponsors are (the largest to the smallest).
What do you guys think?
Thanks for clarifying. I'd have no problem spending 50 bucks for a charity car show, but its kind of an insulting ticket price if its just making someone wealthy. I know money makes the world go round and all, but its just really steep for somewhere I may spend maximum an hour, and see (other than the obvious 2 examples) as nice of cars at any of the other shows/meets in vancouver, or on a weekly basis around burrard.
__________________
98 technoviolet M3/2/5
Quote:
Originally Posted by boostfever
Westopher is correct.
Quote:
Originally Posted by fsy82
seems like you got a dick up your ass well..get that checked
Quote:
Originally Posted by punkwax
Well.. I’d hate to be the first to say it, but Westopher is correct.
All the equipment and set up was much more than 25k. Advertising and promo and insurance is huge too... As for sponsorship costs... I dunno how much the little guys were paying, but our booth last few years was about 6x your estimate... Couldn't even imagine what Benz paid for title. Posted via RS Mobile
All the equipment and set up was much more than 25k. Advertising and promo and insurance is huge too... As for sponsorship costs... I dunno how much the little guys were paying, but our booth last few years was about 6x your estimate... Couldn't even imagine what Benz paid for title. Posted via RS Mobile
Interesting.
So, the expenses were higher, but the sponsorship costs were higher as well.
but money was spent. i hate to see the number for the insurance. for the our inexpensive meet, to cover property damage, all the attendies, a 3mil liability policy was needed.
for this event, i could imagine that number easily being 100 times that.
either way, you cant knock down the show. it is catered to a different crowd. the $$$ made from attendies is minimal to the revenue made from sponsors. you want to be associated with high end elite, then you will need to pay to advertise, and be a part of the event. if i had a modded super car, or ran a shop that catered to super cars, id probably would be in the show too, these are the clientele you would want.
loved the idea of the trophy's w/ a bottle.
lets be realistic if you really thought this show was for charity, it was a "fund" raiser.
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Quote:
Originally Posted by dared3vil0
Ehhh... For $50 going to organizers for an ~hour? Not worth it to me. If it was ~20 to organizer, or all $50 to charity i would of went.
they're not high class enough to throw a party/show in the name of charity like elsewhere (where the majority or all of entrance fees goes to pay for organizing the event anyway )
the fee isn't high anyway imo and it keeps the event from being packed to death with people to the point it becomes uncomfortable to attend, i wouldn't mind if they tacked on another $50-$100 (general/vip) and gave a portion to charity and thereby also keeping attendance a little lower
its like the Pebble Beach show tickets are much much higher, granted there are way more cars and charities and scholarship programmes play a big part http://www.pebblebeachconcours.net/
Or the most awesome event in Lake Como Italy they have "public attendance days" where entry is free for people but the other days cost ($15 realistic price and you know the show is for the love of cars) they should consider something like that here actually; the real fees are tacked onto those who wish to enter the show with their cars and join in some special events for participants
I don't begrudge anyone for banking a profit off this thing. As long as any connection with charity isn't implied, then you are good to go. People should feel free to put a product out there, and if people buy it, you are good.
At most, let's call them normal car shows, its the participants that pay to attend, and the public attends for free.
A few things about car shows. This was my father's thing with his car, so I've been to my fair share. No one respects your car and its a free for all for anyone in the park. On the flip side, you meet a diverse group of people, if by diverse, you mean middle aged over weight white guys.
A show like this, I would assume that the cars participate for free to be able to have as many cars as possible....and a wide variety.
As i said, I've been to a shit load of shows, both on west coast and east coast, and I've been to a few of the fairly large shows in the states. There was one outside Boston that I think was the best organized show hat had been put on. They had burnouts in the middle of town...show sponsored at that, where you have track only drag cars being directed down main street by the police to participate in the burnouts.
We have a LONG way to go to get to a truly spectacular car show in the Vancouver area.
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Being quite a car fanatic, I was excited to attend this year's how, as I had never heard of such an event. My favorite section was the small one displaying a few cars from some sort of supercar club composed of mostly rich Manland Chinese drivers, who stood around being loud and douchey as they admired their own cars.
I suppose the $50 entrance fee was worth a first-time admission. It was kinda like Vegas for me - worth a one-time visit, but no more.
Being quite a car fanatic, I was excited to attend this year's how, as I had never heard of such an event. My favorite section was the small one displaying a few cars from some sort of supercar club composed of mostly rich Manland Chinese drivers, who stood around being loud and douchey as they admired their own cars.
I suppose the $50 entrance fee was worth a first-time admission. It was kinda like Vegas for me - worth a one-time visit, but no more.
The $50 was worth it, with the promo price ($37.50).
On another note:
I can attest to what you said about the small display where there were 3 or 4 supercars with a group of 5 or 6 teenagers (really, teenagers) standing around talking and making loud noises.
Now, I won't comment on their ethnicity.
I will comment on their cars.
Their cars were stock.
If they were modified in ANY way, they were not noticeable.
Compared to other modified supercars in the vicinity, their cars were plain Jane boring.
Maybe that was why nobody bothered looking?
Anyway, this was at the farthest corner of the show.
Nobody, and I mean nobody, walked to their cars to look or admire the cars.
Until.... they started revving one of their cars and it was very, very loud.
Everybody then proceeded to move towards the noise, while I proceeded to move away, because it was very loud.
I think this was what ScratchedMy99 is talking about.
To say the least, it was... awkward and weird even going close to that small display.
Last edited by Marshall Placid; 09-23-2013 at 09:33 PM.
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Quote:
Originally Posted by Marshall Placid
The $50 was worth it, with the promo price ($37.50).
On another note:
I can attest to what you said about the small display where there were 3 or 4 supercars with a group of 5 or 6 teenagers (really, teenagers) standing around talking and making loud noises.
Now, I won't comment on their ethnicity.
I will comment on their cars.
Their cars were stock.
If they were modified in ANY way, they were not noticeable.
Compared to other modified supercars in the vicinity, their cars were plain Jane boring.
Maybe that was why nobody bothered looking?
Anyway, this was at the farthest corner of the show.
Nobody, and I mean nobody, walked to their cars to look or admire the cars.
Until.... they started revving one of their cars and it was very, very loud.
Everybody then proceeded to move towards the noise, while I proceeded to move away, because it was very loud.
I think this was what ScratchedMy99 is talking about.
To say the least, it was... awkward and weird even going close to that small display.
I believe there was at least one modification on the cars: the Lamborghini in that display had some custom artwork done to its front lip spoiler. I believe it was the names of the owner and his girlfriend/wife. The artwork itself was well done, but as an overall package only the wordy gaudy comes to mind.
The $50 was worth it, with the promo price ($37.50).
On another note:
I can attest to what you said about the small display where there were 3 or 4 supercars with a group of 5 or 6 teenagers (really, teenagers) standing around talking and making loud noises.
Now, I won't comment on their ethnicity.
I will comment on their cars.
Their cars were stock.
If they were modified in ANY way, they were not noticeable.
Compared to other modified supercars in the vicinity, their cars were plain Jane boring.
Maybe that was why nobody bothered looking?
Anyway, this was at the farthest corner of the show.
Nobody, and I mean nobody, walked to their cars to look or admire the cars.
Until.... they started revving one of their cars and it was very, very loud.
Everybody then proceeded to move towards the noise, while I proceeded to move away, because it was very loud.
I think this was what ScratchedMy99 is talking about.
To say the least, it was... awkward and weird even going close to that small display.
Ugh, their kind shouldn't be welcome at LSW. Maybe Highway 99 near White Rock is more their scene.
Anyone going this weekend for the 2014 edition? Any coupon codes?
Wanting to go, looking forward to see the P1.
I got a coupon code 25% off tickets, too bad last years promotion codes expired for the 50% of VIP tickets. Anybody got 50% offs?
Wanting to go, looking forward to see the P1.
I got a coupon code 25% off tickets, too bad last years promotion codes expired for the 50% of VIP tickets. Anybody got 50% offs?
Promotion Code:
BCAAwest
Only 25% off for Audi Club Western Canada members who might actually have a tent set up as an exhibitor.
Got 2 VIP tickets though from Diamond Rally so I'm definitely pumped.