The Costs of Motosports

The Costs of Motorsports

NXGen Access & Opportunity Program

NXGen provides a structured youth racing and personal development program with an annual program value of approximately $10,000 per athlete. Financial assistance and sponsorship opportunities are available for qualifying families.

Our goal is for the family not to be the sole source of the $10,000 required to put a qualified child on the NXGen starting line per season.

The NXGen Opportunity Fund exists to ensure that financial circumstances do not prevent a qualified young person from experiencing the personal development, education, mentorship, competition and career opportunities available through NXGen Racing Team.

The fund receives money from:

Corporate sponsors
Individual donors
Foundations
Motorsports manufacturers
Dealerships
Racing industry partners
Fundraising events
Matching-gift programs
Grants
In-kind donations
Annual campaigns

Four Participation Levels

Family Funded

For families capable of covering most or all of the program.
They still benefit from NXGen fundraising and team sponsorships that reduce overall program costs.
Example:
$8,000–$10,000 family contribution

NXGen Supported

NXGen provides an Opportunity Award to cover part of the season.
Example:
Program Cost: $10,000
Family: $6,000
NXGen Opportunity Award: $4,000

Development Scholarship

For families with demonstrated financial need.
Example:
Program Cost: $10,000
Family: $3,000
NXGen Scholarship: $7,000

Full Opportunity Scholarship

This option is limited and competitive. A full scholarship is based on both need and the child's commitment to the NXGen program—not simply financial need.
Example:
Program Cost: $10,000
Family: $0
NXGen Scholarship/Sponsors: $10,000

— Need determines the level of financial assistance.

Commitment, character, development and racing potential determine whether the child belongs in the NXGen Racing program.

Athlete

Skill/potential
Coachability
Work ethic
Safety awareness
Competitive attitude
Commitment to training
Willingness to learn

Person

Respect
Responsibility
Sportsmanship
Academic commitment
Teamwork
Accountability
Personal growth

Family

Commitment to the program
Willingness to volunteer
Willingness to participate in fundraising
Support of team expectations
Financial need when applicable

Making the family part of the solution

NXGen will help families build the difference.

For example, a family receives a $5,000 scholarship.

They still have a $5,000 gap.

NXGen could provide the family with a Personal Sponsorship & Fundraising Toolkit.

The child could raise:

$500 from family/friends
$500 local business sponsor
$1,000 community sponsor
$500 fundraising event
$500 merchandise campaign
$1,000 corporate contribution
$1,000 NXGen Opportunity Fund

Now the family isn’t simply receiving assistance.

They’re learning how sponsorship works.

And that becomes part of the educational curriculum.