blubarisax Posted April 24, 2014 Author Share Posted April 24, 2014 Great writeup on your new enterprise. I'm looking forward to purchasing a bottle of your bourbon when it is ready. Will you be able to ship it to another state? Unfortunately, current laws do not allow me to sell by mail order... Maybe someday. Link to comment Share on other sites More sharing options...
Paul Hill Posted April 24, 2014 Share Posted April 24, 2014 You could always send out some "promotional" freebies to your friends here, then you aren't selling them. I'll send you my US shipping address so Canada Customs don't get involved...... Link to comment Share on other sites More sharing options...
blubarisax Posted April 24, 2014 Author Share Posted April 24, 2014 My latest thought is to age the Bourbon barrels in the passenger seat of the Caterham on track. Tom tells me aging Bourbon on an ocean going ship is all the rage, so 1.5g in the corners should really work! That would definitely make it tax deductible. Then if I sell the car to Denning's Point Distillery, and our friends in the government extend the 179 deduction I can expense the car all at once. Shazam, 40% of the sale cost comes right off my personal income taxes. Croc, as a CFO can you approve this plan? Hopefully, 500# of Bourbon onboard won't hurt my lap times. Karl Link to comment Share on other sites More sharing options...
Croc Posted April 24, 2014 Share Posted April 24, 2014 Hang it from the ceiling and it becomes a depreciable asset like fixtures & fittings. However, it is a pretty long depreciation life. And I just bet the IRS would not like you taking it out for a spin. Anyway, you are in start up so a ton of tax losses being generated right now since you have no revenue - exactly why you need to sell the car to fund the up front costs.... So not a good financial idea. Better idea is to generate revenue quickly and keep the car! I hope you are putting the distillery inside an Inc or LLC structure? Link to comment Share on other sites More sharing options...
yellowss7 Posted April 24, 2014 Share Posted April 24, 2014 My latest thought is to age the Bourbon barrels in the passenger seat of the Caterham on track. Tom tells me aging Bourbon on an ocean going ship is all the rage, so 1.5g in the corners should really work! Karl Karl, you are a genius! That means that the new corner weighting and upgraded brakes would be a "business expense" Sounds like the addition of a Supercharger also fits the Business model. :cheers: Tom Link to comment Share on other sites More sharing options...
Kitcat Posted April 24, 2014 Share Posted April 24, 2014 Use it as a delivery vehicle:"We guarantee your order will arrive faster than any of our competitors'!" Link to comment Share on other sites More sharing options...
wemtd Posted April 24, 2014 Share Posted April 24, 2014 How about some mail order custom mixed se7en aluminum cleaner??? Link to comment Share on other sites More sharing options...
blubarisax Posted April 24, 2014 Author Share Posted April 24, 2014 Well, the "heads" from the distillation make an excellent solvent. Link to comment Share on other sites More sharing options...
xcarguy Posted April 24, 2014 Share Posted April 24, 2014 Karl, At NJMP in July, we could each carry a barrel around lightning each day during each session. This would even out lap times and provide an abundance of 'aged' inventory for quick resale. Fast, upfront profits means you get to keep the Cat! Win, win! Of course, the product will need sampling at the end of each day. Link to comment Share on other sites More sharing options...
v10enomous Posted April 25, 2014 Share Posted April 25, 2014 You should stop by the cars and coffee at Bergen Maserati this Sunday with that car. Link to comment Share on other sites More sharing options...
blubarisax Posted April 28, 2014 Author Share Posted April 28, 2014 I could not make it to Bergen Maserati Cars & Coffee (working on the distillery) but hear it was well attended. http://i913.photobucket.com/albums/ac336/blubarisax/f685aeab-2995-47c7-9793-0f2525e76aaa_zps87fff21e.jpg Link to comment Share on other sites More sharing options...
yellowss7 Posted April 28, 2014 Share Posted April 28, 2014 Karl, maybe you can reskin your Caterham in polished copper to match the still. :troll: Tom Link to comment Share on other sites More sharing options...
Kitcat Posted April 28, 2014 Share Posted April 28, 2014 The distillery is a work of art! Link to comment Share on other sites More sharing options...
blubarisax Posted April 30, 2014 Author Share Posted April 30, 2014 Mike, You should try Cleveland Whiskey. It's a bit of an Ohio hit and they have been doing well with it. Link to comment Share on other sites More sharing options...
Kitcat Posted April 30, 2014 Share Posted April 30, 2014 Karl: There is a big article in the NY Times "Dining" section today abt the explosive growth in bourbon craft distillers. Truly the 'patience is a virtue' expression has never been more apropos: the best is aged 8-20 years. So you are playing the long game here. Their top 5 included Middle West Spirits Oyo Bourbon Michelone Reserve, made in Columbus OH. Link to comment Share on other sites More sharing options...
Alaskossie Posted May 2, 2014 Share Posted May 2, 2014 blubarisax, Where did you get your c/f A-arm airfoils? I have a pair of wide-track lower airfoils, but have not seen the uppers offered. I have the CC "aero" profile A-arms, and the lower airfoils I bought are not contoured to fit this style; so they remain uninstalled to date. Do you have the regular Caterham or "aero" A-arms? Link to comment Share on other sites More sharing options...
blubarisax Posted May 4, 2014 Author Share Posted May 4, 2014 blubarisax, Where did you get your c/f A-arm airfoils? I have a pair of wide-track lower airfoils, but have not seen the uppers offered. I have the CC "aero" profile A-arms, and the lower airfoils I bought are not contoured to fit this style; so they remain uninstalled to date. Do you have the regular Caterham or "aero" A-arms? I got the a-arm foils from MOG-Racing.com. I had to cut about 1/2 inch off of the bottom lip to make them fit (at Joachim's recommendation). Through a series of complex aerodynamic testing behind Tom and Mike, I have been able to calculate an addition of 1 pound of down force at 135 mph! But they sure look good! Karl Link to comment Share on other sites More sharing options...
blubarisax Posted May 4, 2014 Author Share Posted May 4, 2014 http://i913.photobucket.com/albums/ac336/blubarisax/Mobile%20Uploads/image_zps01f27261.jpg http://i913.photobucket.com/albums/ac336/blubarisax/Mobile%20Uploads/image_zps52411365.jpg http://i913.photobucket.com/albums/ac336/blubarisax/Mobile%20Uploads/image_zps937d46f2.jpg http://i913.photobucket.com/albums/ac336/blubarisax/Mobile%20Uploads/image_zps92d4f403.jpg Link to comment Share on other sites More sharing options...
blubarisax Posted May 7, 2014 Author Share Posted May 7, 2014 Seriously, who doesn't want to go 0-60 in 2.8 seconds? Link to comment Share on other sites More sharing options...
yellowss7 Posted May 7, 2014 Share Posted May 7, 2014 Seriously, who doesn't want to go 0-60 in 2.8 seconds? :bs::bs::bs: No way you do 0-60 in 2.8 seconds. More like 2.5 or less. :seeya: That car is sick. Don't sell it!!!! Tom Link to comment Share on other sites More sharing options...
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