So I spoke to Fawaz from Racer5 today. Details below:-
Stages 1 - 3 cost $899.00 + HST = $1015.87 total (this INCLUDES the bike rental, so I was worrying for nought)
Gear rental = $50 / day + HST = $150 (for three days) + HST = $169.50 (you will need this unless you have one piece leather or two piece w/360 zipper, with CE level rated armour, CE level rated back protector, proper racing boots, gauntlet style gloves)
February 28th is the cut off date to get the $899 deal (but Fawaz told me that they are already sold out for June, and they only have 8 or 10 can't remember, spots available for May 12-14. I wanted this so I just registered today.
You don't have to pay the full amount up front...you can pay 50% of the entire amount as a deposit (in my case $1015.87 + $169.50 divide by 2).
Fawaz also said that they offer the rental money ($150) back as a credit to purchase the actual riding gear from them.
Disclaimer:- This is how I understood it, please confirm everything I have said with Fawaz at Racer5.
Hope this helps everyone!
Thanks it was great speaking with you Aqueeb, sorry we don't follow this site as much as I we could and I apologize for the delay in contacting you.
If you wreck their bike do you have to pay a penalty? I'd rather learn on a bike I'm paying to rent but don't have to worry if I drop it. Kind of like the first RTI course I took. I would not have wanted to have my own bike at that unless it was a beat up old dirtbike or something.
We understand that when you are learning a whole new skillset you run the risk of dropping the bike. We actually think its a great learning experience when this happens as if it happens on the track it was bound to happen on the street once you got pushed to that limit (ie, unexpected decreasing radius turn, etc).
This way we are able to assess what caused the incident, and tune that out of your riding.
The biggest street riding habits we combat at the beginning are target fixation and abrupt "safety" braking in the middle of a turn.
Both of these are very easy to read about and convince yourself that you won't do, but to be able to put it into play when you are in a life or death situation is a totally different matter.
We are able to put you in this situation in a controlled environment, with guidance of a pro instructor that will be focusing your riding for 8 hours a day for 3 days.
We understand that there is a chance you may drop the bike, and its welcomed as that means we have a better chance of training you to not make that mistake on the street and potentially save your life.
This is why we never charge an additional fee for insurance, all of our bikes come with insurance and a reasonable deductible.
We don't think it would be fair for us to profit - either by charging "insurance" or putting students on the hook for what could be exorbitant repair costs when they are trying to learn a skill which may save their life.
The bikes (125) come with a $500 deductible, anything beyond this is not a students responsibility.
Its also not very common for a student to actually hit the max deductible on one of our bikes (less than 10 students out of 7 years of operating this program), average repair costs usually range in the $0-$220 range.
On average less than 5% of students drop their bikes over the course of a weekend.
the bikes are made to be very forgiving in terms of repair costs. We have an breakdown of repair costs on the sign up tab of our page.
This is also why we have a graduated program and pre-requisites to move on to bigger and faster bikes.
I have 4 friends taking the racer 5 course in may and 3 that took it last year
You can only ride the 125 they provide over the course of the 3 days... But it's more than enough
Racer 5 will be at the motorcycle show next week... Great opportunity to sit on the bike and ask any questions you may have
Gear rental is $50/day.... You bring your own helmet
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Due to some prior commitments we will not be at this upcoming bike show.
We will be having a sale/open house at our Speedworx location in Markham that we will advertise on here, our website, and our facebook page shortly.