How small of an admission fee are you thinking? I dont think it will work so well that way. There could be almost a 2 second difference between the slowest and the fastest. It will be hard to get a 7.80 car to join the list when the top dog is 6.10. How about form a list and set a bet(something friendly like $50 or a $100) to call out the guy ahead of you. If he turns down the race he loses his spot. You have up to 2 weeks to do the race or you lose your spot.
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