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Speed Venture Racing

In: Business and Management

Submitted By afred007
Words 296
Pages 2
Speed Ventures Case Study Part A:

After reading Part A of the Speed Ventures Case Study, I believe that Carter Racing should send their car out on the track to race. Given the confidence of my crew and considering the weather is warmer and above freezing and the fact the risk element is something you have to consider in the racing industry. The team were scared that they would blow up the engine since they had done it previously, however the article addressed both the advantages and disadvantages of racing the car. One of the mechanics thought that the head gasket would malfunction due to the outside temperature and would go into engine failure. After reviewing the graph on Part A, I did not see any correlation between outside temperature and failure of the engine. Carter Racing is currently struggling to make it into the big leagues and racing is a business. You have to be willing to take risks in business, and make mistakes, if you want to succeed. If they win this race, they could receive a sponsorship from Goodstone Tires which would be huge for them. Although there are risks from racing the car, this could set them apart if they win.

Speed Ventures Case Study Part B:
After reading Part B of the Speed Ventures Case Study, I still believe that Carter Racing should send their car out on the track to race. Pat, the seasoned mechanic that BJ called, said that although he “thinks” that the temperature may be the problem of the engine failure, he still was unsure and couldn’t say for certainty that that was the problem. They haven’t had any problems with the car the last two races and the Goodstone deal was still on the

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