The concept of crowd-funding — using the internet in general and social media in particular to raise money for a personal or business enterprise — is on the rise. Forbes.com recently reported that crowd-funding worldwide in 2013 hit $5.1 billion, which is double the 2012 global total. (Details here.)
Race car drivers have previously dipped into the crowd funding market. In 2013 Shannon McIntosh's fans responded to a campaign by donating more than $11,000 to help get her a test in ARCA. (Details here.)
Shea Holbrook is among the latest to try crowd-funding. Shea just launched a campaign using darkhorsepros.com to asking fans to help her raise $30,000 to finance getting a drag racing license. She hopes to add a drag racing schedule to her road racing program in 2015.
One of the newest crowd-funding platforms -- clutchfunded.com -- is specifically aimed at raising money for racers. The site describes itself as “a motorsports focused, multifaceted platform dedicated to helping you take control of your passion. Built for racers, by racers.”
ClutchFunded is set to launch in earnest in December and asks for anyone who’s interested to submit their name and contact information for more info. Go here to learn more.
Shea Holbrook's pitch video from her crowd-funding campaign ...