Andy Peralta medal 5000 4 years 267 days ago
Hi,
I recently signed a 20 talent driver. The driver's wage is $713 K, and when I added his wage plus other driver and staff wages, it cost me $2,512,000. While my parts supplies cost me $500,000. When I added all of them, it become $3,012,000. My sponsorship could not cover this costs. So, what should I do? Do I need to release my newly signed driver or I should let my staff contracts expired?
Lukas Haviernik medal 5000 4 years 267 days ago
And what do you exchange for money chips?
Andy Peralta medal 5000 4 years 267 days ago
Lukas
And what do you exchange for money chips?
I'm sorry? What do you mean?
Lukas Haviernik medal 5000 4 years 267 days ago
You can buy money for chips in the store.
Andy Peralta medal 5000 4 years 267 days ago
Lukas
You can buy money for chips in the store.
Thank you for the advice but I need a strategy on handling finance. How I manage them without going bankrupt instead of buying money with tokens.
Frank Thomas medal 4991 Moderator 4 years 267 days ago (Last edited by
Frank Thomas 4 years 267 days ago)
It's not buying tokens, it's the ones you get as part of your sponsorship income. Between engines, occasionally parts perhaps and YA scouting exchanging them for money is a major part of spending them, and as long as you're not spending more than about one per race on average it's still part of a sound financial planning.
That said it's more favourable to get talent 20 drivers from the own YA, given high enough level and I'd wait 2 more in your case as it'd be likely you have to spend a lot of token getting one if trying too soon. Your driver is with 700k still on the good side though, YA ones start with about 500k of salary.
I wouldn't fire staff. Without a decent CD and TD a good driver isn't of that much use either and as you're still training your drivers the doctor is still of use as well.
In the end I'd keep that driver for a few levels and seasons, until this driver is getting too expensive the YA should be ready to then supply 2 talent 20 drivers and once those are trained the doctor gets fired. Until then token will have to fix what base and prize money lacks to pay for.
El Viento medal 5000 4 years 267 days ago
The talent of your drivers are very high compared to your manager level. Therefore you have financial problems. It will be better with a higher manager level and better sponsorship deals.
When the drivers are trained get rid of the doctor.
Andy Peralta medal 5000 4 years 267 days ago
Frank
It's not buying tokens, it's the ones you get as part of your sponsorship income. Between engines, occasionally parts perhaps and YA scouting exchanging them for money is a major part of spending them, and as long as you're not spending more than about one per race on average it's still part of a sound financial planning.
What do you mean?
Frank Thomas medal 4991 Moderator 4 years 267 days ago
Your main sponsor pays no money for a base income but token. Those are also meant to substitute for money among their other uses. Without exchanging them you will have to run a very tight ship and bring sacrifices in your races especially during the middle levels, which in turn might put even more pressure on your financials for missing prize money and slower leveling due to racing in a lower tier.
Andy Peralta medal 5000 4 years 267 days ago
Thank you, Frank Thomas, El Viento and Lukas Haviernik. All your comments will be beneficial to all managers out there and me.
Happy Racing
Lukas Haviernik medal 5000 4 years 267 days ago
You're welcome, it's great when people here can help each other. Happy racing.
