Monticello Driving Club
For those who spend money on exotic cars it can often be a challenge finding a place to let them really show what they can do. After all, you don't want to split your Ferrari Enzo in two taking a sharp turn on PCH or face speeding tickets. For people like New York investor James Glickenhaus who paid $4 million for his one-of-a-kind Ferrari P4/5 and celebrity car collectors like Jerry Seinfeld and race car driver Jeff Gordon there is the Monticello Motor Club.
Bloomberg reports that the new Monticello Motor Club is a members-only club with a private track located 90 miles northwest of Manhattan. Members pay $125,000 for access to the , 4.1-mile loop plus $7,500 in annual dues. Membership is by invitation only and enrollment will be capped at 500. In this exlcusive club, members' net worth averages almost $20 million. It cost about $50 million to build the facility, which is on the site of a former airport near the village of Monticello. The clubhouse is a 30,000 square foot facility that includes a fitness center, restaurant, bar, lounge and business center. Cars can be stored in temperature-controlled garages. Future plans include a hotel, spa, cafe, stores, and a helipad for quicker transportation from Manhattan.
Those who can't afford membership can buy day passes for $2,500. A race with retired race-car driver Mario Andretti will be part of the opening celebrations this weekend.