Transcript From The Live Chat With David Smith of Factory Five, July 18,
2002

|
Bill
|
Hi
Dave, I'll post the questions now.
|
|
Bill
|
How’s
the aluminum body option coming? When can customers order
it?
|
|
Bill
|
Do
you have any plans for offering public stock to help grow
the company?
|
|
Bill
|
Any
plans for a referral program or a bonus program for people
who take the time to create helpful build sites? Maybe not
cash; but discounts or credit for parts?
|
|
Bill
|
Any
plans for a new manual with more pictures and updated
instructions?
|
|
Bill
|
What’s
the status of the FFR 250? When can a customer order one?
|
|
Bill
|
What
about the 289 FIA once and for all? Are you going to offer
it and if no, why not?
|
|
Bill
|
Does
FFR plan on offering side and front emblems? What about
VIN tags?
|
|
Bill
|
During
the last discussion you said FFR would offer a Mark II
upgrade package. Is that available and how much is it?
|
|
Bill
|
Any
plans for a better hood hinge kit?
|
|
Bill
|
Does
FFR plan on updating the one donor idea for the 97+
Mustangs?
|
|
Bill
|
Will
FFR ever address the seems on the body?
|
|
Bill
|
Any
ideas on how we can get our cars insured? Many customers
are having major problems getting insurance.
|
|
Bill
|
What
about moving the frame to accept a power brake booster?
|
|
Bill
|
What
about moving the frame to accept 315 tires?
|
|
Bill
|
That;s
all of the questions.
|
|
FACTORYFIVERACING
|
Let
me just start with a simple disclaimer: I was invited to
speak here and need to make it clear that Factory Five
Racing, Inc. is not connected to this site. The word Cobra
is a trademark of Ford Motor Company (currently) and
Factory Five Racing is not connected to Ford Motor Company
or to Shelby Licensing Inc.
|
|
FACTORYFIVERACING
|
I'll
try to answer the questions in order. Regarding the
Aluminum body:
|
|
FACTORYFIVERACING
|
The
aluminum body project is both encouraging and frustrating.
The first body was delivered and mounted. Some of you guys
saw it at Carlisle in May. We made templates and tooling
to modify our aluminum and steel slightly to adapt the
body. We are now in the process of testing our mounting
methodology to make sure that the things don't crack and
that they hold up. The bodies are made in Poland and there
are some serious delivery time issues. Where we are now is
that we need to go to pilot production. 2-4 bodies will be
put through our chassis assembly area and sent to guinea
pigs.. I mean test customers. I still haven't spoken to
the suppliers about these bodies since we are only now
happy with the tools and templates. I think we'll be able
to sell them this Fall. The frustrating thins have been
the prices have varied and the contract is not signed
(meaning it could fall apart). My best guess is that we'll
sell these to people who know metal work. later you guys
ask about bodies and all I can say about the aluminum is
that it is 10 times more difficult to get right than
fiberglass. Oh but it is cool. Price still estimated at
5-8K as kit option.
|
|
FACTORYFIVERACING
|
Going
Public? We started this company so we could go on the
every other day shaving plan. If you visit here you'll
notice that dress code and behaviour is linked to
creativity and comfort more than business etiquette. I
would hate to lose that element. Selling the company would
probably change it in some good ways also. Mark's and my
approach has been to do all the things that would be
valued if we ever were to indeed take that IPO path. Those
THREE things are a solid management team, diversified
products, and plus 25% growth with margins that don't
shrink as top line sales grow. We have done all those
things and at this time I think we'd like to build race
cars and to hell with Wall Street. 40 million dollars
could change my mind, but I doubt it. I have everything I
ever wanted and I think Mark would say the same thing.
Hell Mark was most happy six years ago when all this was a
puzzle to be figured out.. No going public, not now, not
in the foreseable future.
|
|
FACTORYFIVERACING
|
One
more thing on going public. I think the money is bad. I
mean, I've visited Panoz (where money is no object) and
toured other small to large manufacturers and development
houses. I think a small amount of money helps but I have
never seen as talented a design and R&D team as we
have. I think that comes from a culture of having to work
on real tight budgets with the same or similar constraints
as we all have in our personal lives. I think there is a
chance that a flush of money would really spur new product
development and operations, however there is an equal risk
most don't consider that it could harm the very best of
our creative culture and core competencies.
|
|
FACTORYFIVERACING
|
Referral
or bonuses to customer? I've gone back and forth on this.
Truth is we set up the company to work with margins that
PREVENTED sales people. My fear is that customers (who are
already accused of being brown shirts) could be motivated
to get a check. I'd rather put money into a national
owners group or club where the benefits are to events and
fellowship. I'm not ruling it out mind you, but it's hard
to concieve of a system that would work and not corrupt
the honest-unfiltered feedback customers give each other.
We at FFR can't ever really thank people. More later with
more thought.
|
|
FACTORYFIVERACING
|
New
Manual? I read a bunch of garbage about our manual on
another site. It has been revised by Jesper and is at the
printers right now. I don't think it will be as extensive
as you guys want. Truth is we have had it on a low
priority and it does need a face lift. More photos, more
current info. It's important to note that if the manual is
so bad that you don't think you can build the car, it
might be a good idea to take the three day Mott College
Build School. I don't think enough people realize they
actually get to build the car themselves in three days.
Practice on their car so yours is perfect.
|
|
FACTORYFIVERACING
|
Status
of the 250. Ever since the Shelby suit (rights to a 30
year old design that has been replicated 1000 times..) We
have taken a tack that replicas are not the future of our
company. The problem with the 250 is that folks want an
exact replica of a ferrari 250 California Spyder. We won't
do that. We have developed a car that is inspired by that
one but it really is not what we were going to do years
ago when we bought the contemporary tooling. The 250 is
our own car and I think it's going to get bumped by the
GT-V8. You guys made a huge difference in getting the
GT-V8 re-designed. It really is beautiful now and the
underpinnings are pure performance. we'll post photos of
the current design 250 body for you guys to give us
feedback on. At this point I'm not abandoning the project
(we've put some serious money into it up to now) I think
though that the GT-V12 model (jag V-12 and cool new hood
on the GT-V8) will be better received and occupy the same
niche.
|
|
Duane
|
Faster
Dave Faster! Just Kidding
|
|
FACTORYFIVERACING
|
Are
we going to make a small block competition model? We have
to call it a 64 roadster CE (for champions edition). There
is no definitive answer to whether or not we'll make this
car. Sorry but here is the status. The contemporary body
was mated to an FFR chassis by a customer. The steel and
aluminum changes are documented and I have really a
rolling chassis version completed here at the factory.
What is stopping us? I think I'll have to post the
schedule of R&D projects so you guys know the timing
of projects an which ones get out the gate. We should have
been in production by now. The biggest fear though is that
from a business standpoint, why doesn't Chevrolet offer
another convertibel two seater sports car? Problem is that
if we build 100 65 Roadsters a year and then launch a
small block competition model, the next year we might sell
80 of one typr and 20 of the other. The CE version is
continually knockedback to the end of the list by GTM,
GT-V8, hood hinge, donut guy... If you need an answer it
is no, not at this time. I would wrong though to say that
we are not working on it with the intentions of launching
it. Sorry for now Bill.
|
|
FACTORYFIVERACING
|
typos
are a function of speed I'm really a smart guy... really..
|
|
FACTORYFIVERACING
|
Emblems
were designed and are at the quoting stage. It's all
Jesper's fault... Can't and won't do VIN tags since we are
a parts company and we don't build cars at all..
|
|
FACTORYFIVERACING
|
Here's
some real meat. Before today I sat down with the guys and
they are comming up with a discount schedule for guys
wanting the upgraded Mark II stuff. I will have this on
our website by next week. Dave Riha is writing it. Not all
the things are interchangeble but he has the list. We are
currently swapping out seats and we'll do that for anyone,
if they're used, it'll be tougher. Upper A-arms, Door
Hinges, footbox tubes, rear end brackets, etc. I'll try
not to let you guys down. the door hinges need
instructions, the parts will be well thought out. Honestly
until the meeting we just had I hadn't worked on it and
you guys have been left inventing it on your own. Sorry
for the grief. End of next week on our site we'll have the
catalog etc.. Available ONLY to past FFR owners with older
Mark I cars.
|
|
FACTORYFIVERACING
|
Hood
hinge is being engineered by John Clark (new grad ME). The
design is almost identical to Riha's hood hinge prototype.
The design criteria were to be interchangealble with older
hinges. Same applies asd Mark II discounts, we'll give
anyone who has an older hood hinge a cost plus deal on the
new parts. Time is down to weeks not months. As soon as we
have it we'll announce on the forums/website.
|
|
FACTORYFIVERACING
|
Later
model Mustang stuff. We bought a crashed 1997 4.6 DOC car
and it is high on the priority list in R&D. As the
time goes by it has become more and more important. Right
now R&D projects are prioritized as follows... GT-V8
pilot production, GTM prototyping, 65 roadster issues
(minor non-rev issues like hood hinge) I don't want to
come back to the roadster for a year or two, the Mark II
is so good.
|
|
FACTORYFIVERACING
|
I
think the later model 4.6 stuff is easy and not a major
rev to the roadster, more like a big block/IRS kit
additional option was (just we won't make Diorio the test
mule).
|
|
FACTORYFIVERACING
|
Factory
Five Racing will produce the best fiberglass body on the
planet earth. I have lost more sleep over this issue than
any other. There are real world limitations and the fact
that my own body shop has taken the worst of our bodies
and done a fine job at $2500... well that has really made
me less sensitive to the issue. Seams will be a thing of
the past. i can't say what that will do to costs but if
you know FFR and our history then you know that we have a
habit of solving problems. I think you guys will be
pleased with what we are working on... Not ready to
announce anything untill it's done and in production. I
can tell you that we have recently taken two molds off
line, reduced our production to ensure only good parts
ship and committed over $75K to the issue.
|
|
FACTORYFIVERACING
|
Insurance
I will have to leave in the capable hands of you
customers. I think if there develops a serious issue, it
is not incurable. It may be a matter of perception. Think
about the number of 32 ford kit cars (OK hot rods, but
they are in fact chassis/body kits). all of our hopes lie
with SEMA and by adding these types of cars to their list
the lobby in Washington will help replicas join the hot
rod fold that is over 100,000 strong. Also maybe a
customer based movement that rewards companies that carry
these policies with more business. I can't get into the
fray but am interested in the outcome.
|
|
FACTORYFIVERACING
|
Not
going to change the frame for the power booster. I'll ask
my guys to post a section on brake tips. This is a
complicated question IF you're not happy witht the
stockers. Keep in mind Bondurant is running Spec racer's
with stock brakes 2-4 sec's per lap faster than Z-06
corvettes. I think it's pedal pressure and feedback that I
want improved, not necessarily actual braking numbers.
More on this..
|
|
FACTORYFIVERACING
|
Moving
the frame to get 315's under there... maybe in the Mark II
version of 2005... Might I suggest a Coupe... The GTM
might beat the roadster with this. Thanks for the patience
guys... Now lets get ready to rumble.. Huge thanks to Bill
and crew for setting this up.
|
|
Bill
|
Thanks
Dave for taking FFCobra.com up on our offer to chat with
us, now let's open the chat room up for questions.... who
wants to go first? The chat is scheduled to go until 4:00
PM eastern
|
|
FACTORYFIVERACING
|
Well
if that's it then we'll wrap it up...
|
|
Bill
|
thanks
everyone for waiting... now ask away before he runs off!
|
|
SteveSS
|
Hi
Dave, thanks for coming. I, for one wanting an FFR but not
having the cash right now, think it's a great idea to GIVE
AWAY FFR4000 as a promotion. Has this been considered
before?
|
|
ROb
|
I
think this work alot better than the last time.... easier
to watch, read, and have dave answer our listed
questions.... Great job!
|
|
Aaron
Silidker
|
Why
not move the frame tube a bit for those that just have to
put a power booster on the cars? Seems like an easy mod to
me. Your explanation seems to cater only to racers
|
|
FACTORYFIVERACING
|
Is
this microphone working?... Test Test.. Free kit to the
first guy... no just kidding..
|
|
Aaron
Silidker
|
also,
drive shaft hoop? seems easy enough as an option, why not?
|
|
Aaron
Silidker
|
i
posted, i want my free kit
|
|
JamesBond
|
For
those of us with Mark I kits that are not yet complete, do
you have any good tips for aligning the doors? My
passenger side is off at the upper trailing edge by
1/2" and I don't see a way to adjust the problem out?
|
|
hyghlndr
|
Why
the GT-V8 as the priority? Is there really a bigger demand
for the GT-V8 compared to the GTM or GT-250.
|
|
FACTORYFIVERACING
|
Oops
I spoke too soon. I really don't like the brake booster.
We tried the Buick CN unit and had three failures (one
happened as the car and Driver eval was ending?!!!). I'll
ask jesper to look at it again.
|
|
Aaron
Silidker
|
any
way to make a pedal box?
|
|
cecoen
|
I
just want to thank you for creating a realistic way for
people like me to own a dream!
|
|
Aaron
Silidker
|
I
think the supply is getting short
|
|
DevilDog
|
You
offer the a wiring kit for carbureted Roadsters have you
considered offering it as an option for the EFI crowed?
|
|
FACTORYFIVERACING
|
Giveaway
kits, we've done four in the last year and a half. Most of
the time I can talk my bro into charity stuff, you know
Jenny and all. We'll try to do a promo for kit 4000. Drive
shaft saftey hoop wasn't on this list. good idea though,
Jesper is going to love you.
|
|
Gordon
Levy
|
Supply
isn't getting shorter, the donors are costing more.
|
|
Bill
|
Dave
- I lony posted 14 questions, but the guys had many, many
more...
|
|
Aaron
Silidker
|
what
happened to the shipping staff?
|
|
Galt
|
I
just read a post from Mort on the forum that reads
"So i look on FFR' site and see that the coupe is
listed at $14,990. It used to be at $19k, why the cost
reduction? is that correct? did they take the irs out? I
got an offer a while back to get one at this cost but it
was solid axle and supposed to be a limited offer. So this
is a new price?? i may have to jump in..." What can
you tell us?
|
|
FACTORYFIVERACING
|
james,
on the doors I think the best is to replace the parts if
they're that far out. Call Joe F. and tell him to get you
the new doors. Jesper has just made me sign a PO for a new
EFI harness kit. The problem up to now has been the EFI
stuff was on the Mustang but now more and more people are
using new parts only.,
|
|
Bill
|
weedoggy
had posted this for our list, but I left it off the first
questions. Would you like to tackle this? If not in place
now, would you like to start a "quality control"
check on your customers requests?
|
|
Aaron
Silidker
|
how
can you justify production errors that allowed 1/2 inch
gaps and 1/2 inch variations in flanges of 2 aluminium
panels? dave rhia handled it quite well, but I don't think
that is normal
|
|
FACTORYFIVERACING
|
The
shipping guys are still there. I just gutted R&D for
the last month and had them working in Ops to audit,
change and give the place an enema. I want same day
shipping and no B/O's.. The guys have done great work. I
think the pressure got to Marco. Good guy, he took a
construction job for the summer... Let me talk about the
coupe here real quick...
|
|
Bill
|
Russ
asked this question: "When B/O parts are sent, could
a copy of the parts list that ffr is working off of be
sent so the customer knows WHAT b/oed parts he's getting.
The info on the lable isn't enough. I got a couple of
parts I STILL don't have a clue as to what they are. Have
not seen them in the manual either."
|
|
Aaron
Silidker
|
no
complaints about that wish for no backorders
|
|
herethis1
|
I
hope ffr doesnt start offering too many options on their
kits. Organization tends to get out of control. I know
this is not a question but I hope ffr realizes it.
|
|
Aaron
Silidker
|
the
shipping is better also, my second sidepipe actually had
lots of shipping materials(compared to none in the first
box) and some of my parts have taken one day totaly to get
from factory to connecticut
|
|
Aaron
Silidker
|
side
protection bars. any way something can be added under the
doors?
|
|
Bill
|
Let
me answer the insurance issue. I was contacted by a guy
who is willing to insurse roadsters. His company contact
if has been added to the Vendor page: http://www.ffcobra.com/vendors.html
|
|
Aaron
Silidker
|
i
mean by the factory, not after customers recieve the kit
|
|
SteveSS
|
Weren't
you going to say "Free kit to the first guy who
suggests giving kit 4000 away"?
Sign me up! About what time is kit 4000 expected out?
|
|
FACTORYFIVERACING
|
I
can't justify anything that went wrong. Every day I walk
in here and say to myself that we are crazy for trying to
do this. If it went wrong we'll fix it. The worst times
we've had were about a year to two years ago. We were
fighting for our lives with Shelby, We were building a new
facility and I had personal issues that kept me at home
during the worst times when the company needed me and
struggling with a seven month lead time for kits because
we were so small and understaffed, we survided a growth
period and huge staff changes in skill and expoerience.
Aaron, I can tell you that I can't justify it. QC
question? I'm open to everything but as of today we have
NEVER shipped product better, faster and more accurate. I
sleep well when I know we're doing our best for our
customers and we are doing something better every day.
Sorry for the length
|
|
Aaron
Silidker
|
cmon
people, start asking questions!
|
|
Aaron
Silidker
|
i
just thjought that it was something that they should hav
noticed when they placed the aluminium on the frame
|
|
cobradvm
|
You
stated that you will not be revisiting the roadster for a
year or two with regards to using a late model donor - the
87-93's appear to be getting harder and harder to find.
Does this mean we are stuck with using those donors for
the next 2-3 years?
|
|
FACTORYFIVERACING
|
Suggestion
on copies of forms with parts received. Greta idea. Now do
you still want me to go over the coupe?
|
|
Bill
|
yes,
coupe info pleeease!
|
|
Cobra
Jones
|
Hi
Dave. Will FFR do an finished turn-key minus (roller)
similar to Superformance or a Deluxe Pallet Kit similar to
Unique? Thanks!
|
|
John
|
I
would like you to go over the coupe.
|
|
Aaron
Silidker
|
another
suggestion for jesper: the battery placement is iffy in my
opinion. the idea of squishing the battery, even a little
bit has me a bit scared. some have added cages in the
stock battery location and cut the trunk floor out to
allow for access. this saves space and makes the battery
easy to get to, is this a possibility?
|
|
Galt
|
Bill
types faster than I do. I want to know about the coupe.
|
|
FACTORYFIVERACING
|
No
way, the late model stuff is happening faster. I see that
as an option like big block or IRS, no delay on that. I'm
a moonkey if it takes till X-mas. Hooo Hooo Heee Heee
|
|
cobra
earl
|
Some
one asked about the change in price of the coupe.
|
|
Art
Totten
|
Where's
the "Bow Tie" kit? A Cheeta would be nice and it
is both a roadster and coupe.
|
|
FACTORYFIVERACING
|
No
way TK minus, that's a build job. We make kits and parts
and we'll fail the minute we start down the service
path... It's not what we do.
|
|
petek
|
Bow
Tie Kit? Suggest: Lola T70 Mark 3 !
|
|
J-MAN
|
FRONT
TUBULAR LOWER CONTROL ARMS!! Why so expensive, aftermarket
mustang arms are $100 - $200 cheaper. Thanks for answering
Dave!!
|
|
Gordon
Levy
|
Dave,
When is the T-65 roadster going to be available?
|
|
Cobra
Jones
|
One
more; will FFR ever offer a complete donor parts package
with new parts (either directly or through a supplier) as
an option to address the growing scarcity of good donor
vehicles? Thanks!
|
|
FACTORYFIVERACING
|
I
need to talk about the coupe here. The price wasn't
changed, we just changed the kit to be able to use Mustang
donor parts and deleted the high end options like the IRS,
Aluminum fuel cell etc. If you buy the coupe and add the
options it comes out to the same price (give or take 200
bucks). The point is that it brings the car into reach of
many more people and it is a great car.
|
|
Brentt
|
Hi
Dave, Where do you see FFR in 5-10 years?
|
|
Bill
|
T-65
roadster? Is that somethig new?
|
|
cobra
earl
|
YOUR
new promotion video IS GREAT, made me want to go out and
build another one.
|
|
FACTORYFIVERACING
|
GT-V8's
will ship august. The front lower arms are expensive so we
can make money since the margins in the kit are fairly
narrow. Maybe too high though. We'll look at the price
again. No on the donor parts package. If we ever do parts
packages they will be new parts from Ford or Chevrolet.
Now let me blow your BOW TIE minds. There is a HUGE raging
debate about taking a chainsaw and ruining $200K worth of
work on the GTM. Stretching it from 98 inch wheelbase and
going to 108" to fit C-5 corvette engine and transxle
(that should help you forget about the cheetah).. Right
now we have no path decided but a C-5 donor car can be had
for 10-12 grand...
|
|
hyghlndr
|
Why
the GT-V8 as the priority? Is there really a bigger demand
for the GT-V8 compared to the GTM or GT-250.
|
|
Gordon
Levy
|
That's
the coupe without a roof.
|
|
Gordon
Levy
|
That's
the coupe without a roof.
|
|
Aaron
Silidker
|
agh,
10-12 grand? are you nuts? that blows the 30 grand
finished price out of the water. what was wrong with an
audi transaxle and SBF?
|
|
Bill
|
C5
chassis... go for it! That would be a great car on that
chassis!
|
|
Galt
|
How
difficult would it be to have a C4 or C5 donor option? C4
donors would cost a lot less.
|
|
Aaron
Silidker
|
is
the corvette mid engine. What I am getting at, can the
vetter "donor" stuff be rear engine?
|
|
Gordon
Levy
|
C4's
don't have a trans axle, C5's do.
|
|
Bill
|
Sounds
like it would be front engine?
|
|
Galt
|
Good
point Gordon. I wasn't thinking clearly.
|
|
Bill
|
Dave
- you said you were going to have a few aluminum bodies
for customers to test. When would that be and how do you
get on the list?
|
|
DevilDog
|
I
agree on a 10K donor. If I needed 10K for the donor I
would not be a customer
|
|
John
|
Using
a C5 drivetrain would make alot of the compatibality
issues go away. I always like the idea of using 1 brand
for engine/drivetrain parts.
|
|
FACTORYFIVERACING
|
I
was watching the Spec Racer section at home the first time
(Coleman sent me the rough) and I was hooting and yelling,
woke up the kids... My wife came down and asked what I was
watching... I loved making that video. Where do i see FFR
in five years? I see me and my brother being better
friends (this company has been hard on us as brothers). He
was the best man in my wedding and we've had some tough
times growing the place. I'd like to see us grow of
course. I'd like to see the fun and passion creep back and
overpower the business work. Not that we've lost the
passion or fun, it's just that the day-to-day can take
it's toll. I see us leaving the kit car industry behind
and entering the small volume world of Panoz and companies
like that, although we will never build cars, but rather
engineer products that deliver value to the at-home
customer who has skills but not unlimited funds. I see the
company doing more of what it has done in the past. If I
draw a line on the chart of FFR it scares me to death
thinking of the weight of that responsibility... I hope I
get to race more and I hope our products bring people
together and we make a difference.
|
|
Aaron
Silidker
|
okay,
what exactly is a transaxle so that i understand?
|
|
Jack
ffr1846
|
Dave,
with all the new products on the drawing board, please
keep an "original concept" car in the line up.
Guys like me love to build cars for twelve dollars
.
|
|
John
|
I
had another question about the 65 coupe. Are the new body
molds being used for this body also? I know there seem to
be alot more fit and finish issues with this body than the
roadster.
|
|
Bill
|
transmission
and axle in one unit.
|
|
FACTORYFIVERACING
|
The
C-5 stuff is being made in good volumes. There is nothing
wrong with the current audi/ford V-8 path on the GTM, I
want you guys to speak up though becasue these decisions
have a profound impact on us. I don't think the GT-V8 will
be as big as the GTM, howver it is so far along in
development (I've driven the car and tooling is done!)
well sometimes you do things in a different order than
importance due to complexity and the fact that our bottom
line will be hit sooner on platform A vs B.
|
|
FACTORYFIVERACING
|
That
was one of the big delays. The coupe AND the GT-V8 had new
molds built. The coupe had both front and rear made new,
the GT-V8 had a new front and a new rear design AND mold.
I've had a belly full of molding issues and I think you
can count on me to have that right.
|
|
John
|
the
c5 concept is good. But if the car is already mocked up
for the Audi/Ford combo I don't think it would be cost
effective to change it at this point in the game. if you
were still at a pen and pencil stage you could make a
better case for it.
|
|
ROb
|
can
you tell us a bit more about the molds...Will the new
bodys have no seams???
|
|
uraeus
|
Are
you going to make FFR VIN tags available?
|
|
FACTORYFIVERACING
|
I'm
afraid to send this.. I think it's waiting for me to post.
|
|
John
|
Glad
to hear about the body issues being addressed. I am also
glad that the options for the coupe are not being forced.
I think alot of people will be more intrested in the coupe
now.
|
|
Bill
|
what
are you afraid to send?
|
|
FACTORYFIVERACING
|
The
bodies we are shipping today have no seams. The new bodies
from the new molds that are being built right now will
have no seams and no parallel in the civilized world. I
didn't want to go to deep into the new molds cause they're
not on line and I don't have costing done. Maybe $500
upgrade. You can do the math like me, $75K molds and
tooling changes, $200-$300 layup change in cost... Please
know that there are still Parting lines, what I'm saying
is that there are no fiberglass seams (joints) The body is
a uniform layer underneath.
|
|
bigjack
|
What
is the possibility of making quick jacks functional from
factory, even if it was an option?
|
|
ROb
|
oh
by the way BILL you have mail LOL
|
|
Cobra
Jones
|
Sweet!
It would be great if we could see some pics on the site.
|
|
Bill
|
Cool!
So how about the aluminum body tesers? How do you get on
the list?
|
|
Engineer
Ed
|
Why
doesnt FFR go after the GT40 crowd with a replica GT40?
|
|
NMcobra
|
I
heard that a one piece steering shaft is now standard with
the FFR Roadster. Is it a telescoping items that is safet
for a crash?
|
|
John
|
With
the fiberglass being one layer has it made the body
stiffer?
|
|
FACTORYFIVERACING
|
John,
That is the raging debate on the GTM.. We're so far along,
frame design done, body mold done, suspension done, ready
to build and test prototypes (prototype construction has
even started). Just kidding, I was afraid that the delay
would unleash 300 questions and I really shouldn't have
polished off that 32 oz coke.
|
|
hyghlndr
|
Any
ideas about the GTM's interior?
|
|
cobra
earl
|
The
bodies we are shipping today have no seams.....WOW, WOW,
WOW!! What about pinholes??
|
|
Aaron
Silidker
|
can
older kit owners get the steering shafts at a discount
price? And, you want any old untouched bodies back in
exchange plus cash for a new one, hahaha, just kidding
|
|
John
|
That's
the problem with building any car from the ground up. When
I built race cars it was always the better idea after the
fact that cost the most money. The GTM is looking good I
would love to see the frame and layout of the
understructure.
|
|
FACTORYFIVERACING
|
I
bought a GTD GT-40 and looked carefully at that car. The
design is not good. Outboard fuel cells with little frame,
pedals in the middle of the car, can't see very well,
radiator heat... especially after Shelby we figured we'd
not do a replica. Don't get me wrong, i love the GT-40
that I bought for $65K, I just don't think it is a viable
product for us. All steering shafts are included in kit
today. No more cutting and welding the shaft sections, the
longer flaming river unit is standard in the kit. It is
collapsible still and safer cause someone can't weld it
wrong. Wait on the aluminum body. I still have work to do
so I don't want to take names yet.
|
|
ROb
|
Gee
bill all that work compiling LOL and now NEW bodies.. NO
seams! Hee Hee
|
|
John
|
I
always wanted to build my own supercar like the Saleen S7
etc.. I think with the right suspension and drivetrain
this will be a real contender.
|
|
Rob
Adkins
|
are
there any additional changes/upgrades to the kit that we
should know about? How soon will the web site reflect
those changes?
|
|
Aaron
Silidker
|
can
older owners get the steering shafts?
|
|
FACTORYFIVERACING
|
I'll
include the steering shafts in the Mark II discounts for
older (not geriatric) FFR guys. Pinholes are still an
option... The quick jacks will probably never be weight
bearing. it is easy to jack the car up by the fram if you
take the pad off most floor jacks. The rear QJ's can
probably do the job but they'll sooner bend and they
weren't designed to do that. We could post frame stuff on
the GTM. It looks INSANE with an 8" backbone...
Aaron, if you want to drag your body back here I'll swap
it out. We'll have to come up with a plan...
|
|
Cobra
Jones
|
When
are you anticipating a price increase for the Roadster
kit? 1-3 months, 3-6, 6-12?
|
|
Aaron
Silidker
|
I
will call you to get some details
|
|
Bill
|
Does
FFR have a complete list of new parts needed to complete
abuild? We've tried to get that topic started a few times
on FFCobra without success. I think having this list in
the FFCobra FFR FAQ would be a huge help to others.
|
|
FACTORYFIVERACING
|
There
are no changes for the roadster other than the hood hinge.
I have a whole list of things I want to do but it's always
better to bundle changes in revisions and we just finished
with the Mark II. We need to get the GT-V8 and the GTM out
to the field. Remember you can't buy a GTM if you're not
washed in the blood of FFR.
|
|
Bill
|
Does
FFR have a complete list of new parts needed to complete
abuild? We've tried to get that topic started a few times
on FFCobra without success. I think having this list in
the FFCobra FFR FAQ would be a huge help to others.
|
|
JamesBond
|
Washed
in the blood, that's a good way to put it!!
|
|
John
|
Only
part about the GTM I don't like. I have to build a coupe
or roadster before the GTM.
|
|
Galt
|
We
now have 100 people online! That's about double what we
had an hour ago.
|
|
ROb
|
good
question... about forseable roadster price increase???
|
|
Bill
|
If
FFR doesn't have a complete Ford parts list, maybe you
guys could give someone a kit to build so long as they buy
ALL NEW FMoC parst and keep the list. Then, give that list
to another customer and see if it's right.
|
|
Gordon
Levy
|
It
must be lunch time or something
|
|
cobra
earl
|
John,
its part of running the gauntlet
|
|
Gordon
Levy
|
It
must be lunch time or something
|
|
FACTORYFIVERACING
|
I
just sent the newsletter to the rinters (we wrote 20
pages!). In it there is mention of something that affects
prices (Down or Up?!!). I'll let the mailing happen and
not scoop it. The newsletter does address this though. The
question about new parts is a good one. I think you guys
need to do this cause I don't want regulatory attention
thinking we are providing all the parts in a car. Right
now we only sell chassis parts.
|
|
John
|
Given
the performance envelope of the GTM will it have a more
complete passanger cage structure than the coupe frame?
|
|
Cobra
Jones
|
Okay;
so how do we get a newsletter? Owners only newsletter or
do future owners get to play?
|
|
Cobra
Jones
|
Okay;
so how do we get a newsletter? Owners only newsletter or
do future owners get to play?
|
|
Rob
Adkins
|
How
can I get on the mailing list for this newsletter if I am
not YET a FFR customer?
|
|
Gordon
Levy
|
The
newletter general goes out to anyone on the FFR mailing
list.
|
|
ToddButtrick
|
Hey
Dave, What did you mean by "donut guy"
|
|
Bill
|
Dave
- can you talk about the spec cars in AZ?
|
|
John
|
I
would be happy to build a roadster or coupe with all new
parts and provide a list down to nuts and bolts with ford
part numbers.
|
|
Gordon
Levy
|
The
newletter general goes out to anyone on the FFR mailing
list.
|
|
Bill
|
Dave
- can you talk about the spec cars in AZ?
|
|
FACTORYFIVERACING
|
The
newsletter is being mailed to 150,000 people. say that
real slow like homer simpson... If you ever called FFR you
are on the list (that's the list we sell to mail-order
houses that call you at dinner time... just kidding, we
have never and never will sell or give out your names/adresses).
|
|
Bill
|
sorry
for the double post
|
|
Cobra
Jones
|
Is
FFR going to the NMRA Ford Nationals Aug 10-11 in Atco NJ?
|
|
cobra
earl
|
Approximately,
How many Spec Racers are there to date??
|
|
John
|
cobra
earl, I understand it's part of the fun. My wife thinks
all my intrest in this is funny. I used to build race cars
for a living and she thinks I should have gotten it out of
my system.
|
|
Bill
|
Dave
- thanks for everything you did at DV. We all had a blast!
|
|
FACTORYFIVERACING
|
The
problem and the opportunity with the GTM is that we have
to design it to be CAPABLE to be a legit LeMans car in 3-5
years. The cage is current race tech not vintage
design-modified. By donut guy i just meant etc, etc. Spec
Cars in Arizona? Right now and for the last two and a half
months Bob Bondurant's School of High Performance Driving
has been using and testing the cars as prospective class
cars. The cars had to be 1. Safe. 2. Reliable and
Affordable and 3. Exciting. They are going to be using the
cars in the class. Gordon has been instrumental in helping
anytime we needed it. There is more on this in the
newsletter, but I am just stoked that the FFR car is doing
time in that school. I went for hot laps with the 1965
world champ driver and he hasn't lost his edge.
|
|
cobra
earl
|
Will
FFR have Factory Cars at RUN and GUN this year??
|
|
cobra
earl
|
Will
FFR have Factory Cars at RUN and GUN this year??
|
|
John
|
Gordon,
Yes but she has been understanding of my high octane
hobbys.
|
|
Ed
|
any
idea of parts for the GTM? I'd like to get an early start
on soursing some of them. Yes, I'm on the list!!
|
|
dbarrym
FFR 3440
|
Dave,
have you thought about how customers for your cars, like
the GTM and GT-V8, that do not resemble existing (pre-smog
and safety law) cars are going to get them registered in
states with restrictive laws (like CA and MA)? As I
understand it, there are no exemptions (like CA's SBA-100)
that would provide a loophole for "new" design
cars or drivetrains.
|
|
John
|
Let
me see if I understand. Factory Five is going to try and
have this car capable of racing in the LeMans series?
|
|
Gordon
Levy
|
Dave,
Is it as scary as riding with me? Are you still banded
from riding with me by Denise?
|
|
Rob
Adkins
|
Dave,
this was asked already but I didn't see a response, are
there any plans to manufacture a pedal box? It is an
option that I am sure many people going the non-donor
route (like myself) would have an interest in purchasing.
|
|
FACTORYFIVERACING
|
Call
Weber or Riha about the NJ Nationals ... I don't know.
There are about 110 Spec Racers out there. Ithink we are
marketing the car better now. We were so insistent that
guys sign up to race in the series until we realized the
series is just a FEATURE of the Spec Racer. The car is the
perfect Open track car. fast, sexy, affordable to build
AND keep on the track running week after week. God I want
to put my 392 stroker in the car but I won't because of
the series and the fact that I am truly afraid of getting
beaten by Dan Elam or someone else (shut up cowboy Joe)
who has the stoker 302.
|
|
JamesBond
|
Dave,
I just talked to Joe F. I didn't really get the answer I
was looking for. Thanks for trying.
|
|
cobra
earl
|
If
You put your 392 in your spec racer, I want to barrow it
next time the SPF guys run at VIR...
|
|
kadunkadunk
|
I
have a bastardized spec racer w/ IRS. I got all sorts of
parts I didn't need. I think you could have a
|
|
FACTORYFIVERACING
|
On
the GTM. I believe every state has a law that enable the
registration of a home-built car. The only fly in the
ointment is emmissions. It may be that there is more to
the issue. I traveled down to Panoz for specific reasons.
They have an excellent skill set in vehicle regulatory and
such matters. The CFR is not clear on some home-built
issues. They certainly weigh heavily on the design side
though and we are considering the options. Pedal box has
not been put into R&D. I think this transcript will
help ID some opportuinities. Lastly on the GTM. I was
asked where we would be in five years. If I chart our
revenue/growth and history it is not inconceivable to be
able to field an effort (We just want to race after
all)... The Lemans thing is far from our reach today, but
the decisions we make every day affect our options down
the road. The design of the GTM HAS to incorporate these
considerations.
|
|
kadunkadunk
|
you
could have a 'no cost' option to add irs and delete the
other parts.
|
|
FACTORYFIVERACING
|
On
the GTM. I believe every state has a law that enable the
registration of a home-built car. The only fly in the
ointment is emmissions. It may be that there is more to
the issue. I traveled down to Panoz for specific reasons.
They have an excellent skill set in vehicle regulatory and
such matters. The CFR is not clear on some home-built
issues. They certainly weigh heavily on the design side
though and we are considering the options. Pedal box has
not been put into R&D. I think this transcript will
help ID some opportuinities. Lastly on the GTM. I was
asked where we would be in five years. If I chart our
revenue/growth and history it is not inconceivable to be
able to field an effort (We just want to race after
all)... The Lemans thing is far from our reach today, but
the decisions we make every day affect our options down
the road. The design of the GTM HAS to incorporate these
considerations.
|
|
cobradreaming
|
I
know the answer to this already but....any thoughts about
providing financing for the kits?
|
|
FACTORYFIVERACING
|
Mr.
Bond: call me after at 508-291-3443 and I want to know
what you need. Financing on the kits is tough. Most
companys we have spoken to want your house and child
signed over all for a "reasonable" rate of like
16%. No thanks. At least you get air miles on the credit
cards.. My computer is slowing down, hope this doesn't
slow us down.
|
|
Gordon
Levy
|
I
have a couple of companies that I work with that will
finance a turnkey from us. None that I have found will
finance a kit to be built at home.
|
|
Aaron
Silidker
|
Thanks
for the chat dave, I have to run to go get some gas for my
motorcycle so I can ride tonight.
|
|
FACTORYFIVERACING
|
There
was a question on the GTM interior. So far it's not done.
I really like the old GT-40 dash it is soooo coool. but
we'll see. Seating comfort/sound/heat and visibility are
driving the interior design.
|
|
kadunkadunk
|
I
have a bastardized spec racer w/ IRS. I got all sorts of
parts I didn't need. I think you could have a 'no cost'
option to add irs and delete the live axle suspension
parts?
|
|
Brendan
Mulcahy
|
Financing:
Get in touch with Mike Mack at Tri State. I emailed and he
said he had a company that would provide financing on kits
through him.
|
|
FACTORYFIVERACING
|
Thanks
Aaron, this was fun. I would steer clear of financing
deals unless the term are similar to any other $10K loan
(6-10%, no house/wife kid attach). Really GOOD idea on the
spec car options switch!
|
|
kadunkadunk
|
How
about an option to use tilton reverse mount pedal
assemblies???
|
|
kadunkadunk
|
For
us 'no donor' dudes...
|
|
FACTORYFIVERACING
|
I
can't see the keyboard... Guys who write code all day are
tougher than me.
|
|
kadunkadunk
|
For
us 'no donor' dudes...
|
|
FACTORYFIVERACING
|
Tilton
option might be easier since we are looking at those units
on the GTM
|
|
kadunkadunk
|
I'm
putting the tilton setup in mine. The dimensions are
almost exactly the same as the two horzontial tubes
currently.
|
|
JamesBond
|
I
fitted Tilton Reverse mounts. It is not that difficult.
|
|
kadunkadunk
|
Sorry,
there I go again trying to engineer solutions. Back to
questions.
|
|
Rob
Adkins
|
How
long do you plan on offering the $500 rebate for people
who attend the Mott build school?
|
|
FACTORYFIVERACING
|
Bill,
do you want to go with more questions at once?
|
|
hyghlndr
|
What
about a GTM convertible??
|
|
kadunkadunk
|
How
about a specracer builder's manual?
|
|
Brendan
Mulcahy
|
Hey
dave, are you guys hiring computer guys? Will work for
parts
|
|
FACTORYFIVERACING
|
The
Mott School has taken the concept to the next level. They
are teachers and all they do is teach. I will support that
school and it's staff forever. The cash off will stay put.
I wish everyone took the class. Mike Mack, Rich Oben and
the So Cal group did builds. I think Mike did the most.
The difference between those and Motts is not that those
were bad... they were great, it's just that with the Mott
Community College they are in the business of instructing
people. It's what they do. We'll back them.
|
|
Bill
|
Sure,
how about everyone posting their last questions. In five
minutes, Dave can start answering and we'll watch. Is that
OK?
|
|
Rob
Adkins
|
Is
there enough interest to have the build school more than 3
times a year?
|
|
Bill
|
I
have a question... would FFR like to host an "ASK
FACTORY FIVE" section on FFCobra? Members - would
people behave or would everyone look as the area as a
place to grip instead of asking proactive questions?
|
|
kadunkadunk
|
Ok,
How many IRS cars have been sold?
|
|
FACTORYFIVERACING
|
The
GTM has to be looked at as a targa or convertibel. The
Modena 360 uses a higher rear deck that pulls off the
mid-engine/convertible thing wonderfully. The spec racer
needs a manual worse than anything. It's really much
different from the roadster. At this point it's getting a
bit ridiculous not having one, but I know it's coming and
the "tech Guide" we are sending out will have to
do. Seriously, at the volumes we're at, you guys have
really made the difference where our manuals haven't been
there or good enough. I'll be having the engineers go
throough this so that we don't miss stuff.
|
|
rhygin
|
With
a modicum of sponsorship dollars and a reasonable entry
fee, would FFR be interested in trying to organize
something along the lines of a "beginner" or
introduction to AuotX racing at somepoint for FFR owners?
Might be a cool value add thing in a controlled
environment?
|
|
Rob
Adkins
|
This
is kind of petty, but will Factory Five ever have a
toll-free tech support line?
|
|
Cobra
Jones
|
Bill,
if moderated carefully and if FFR committs to responding,
then the "Ask FFR" section may work. Otherwise,
it may degrade into a public forum to complain about
backordered parts, bad bodies, etc.
|
|
FACTORYFIVERACING
|
I
think the recall number was around 275 but I'm not sure.
(IRS cars). The Mott School now has two mew Mark II's and
they'll be running classes every other month AT LEAST. The
differences are that we are now working with them to let
people know it exists. If you live in Michigan you
probably already got a postcard. Plus it's in our
newsletter in depth. yes.
|
|
cobraearll
|
will
Factory Five ever have a toll-free tech support line? They
have one, its the FFCobra Forum
|
|
kadunkadunk
|
SUGGESTION:
Would FFR consider supporting the FFCobra forum, either
with a one time donation or just pay for the monthly
expenses? It's become that beneficial.
|
|
FACTORYFIVERACING
|
I
think we can do an ASK FFR section. I'll check with the
pencil neck lawyers. I don't care about the complaints. If
they're not personal attacks I think they are healthy.
That's what I love about this site is that it's moderated
so that one or two plants can't corrupt everyones
professional communication. We'll do it... Autocossing at
an event YES YES YES the Texas event was huge fun and we
really didn't let folks know about it ahead of time. We'll
put it together! YES YES YES
|
|
hyghlndr
|
I
can't wait to buy the GTM, I have already got the green
light to buy it !
|
|
Rob
Adkins
|
How
often can/will these live chat sessions be held? It seem
to be in everyones best interest to have these often.
|
|
Tom
H
|
Bill,
I think people will behave if you tell them that the new
section is for proactive questions only and no grips! If
someone has a problem with FFR directly, then they should
call FFR and at least give them a chance to fix the
problem before causing a big stink like what just recently
happened a few weeks ago. The main forum is where eveyones
positive and negative feelings and dealings should be
presented. I believe that "Ask Factory Five"
section should be left for questions about current trends,
updates, company news, future events, release dates, etc,
etc.
|
|
FFCobra4Me
|
How
about making a more dinamic and informative website,where
you could even place your kit's order>?
|
|
kadunkadunk
|
(Might
have to change the name)
|
|
FACTORYFIVERACING
|
We
can't get to close to the C-word. An 800 number would put
me in the poor house from three or four guys I know that
live on the phone. We have to be clear that FFR is not and
does not pay this site. We agreed not to use the C-word so
this forum and it's members who universally refer to these
cars in the generic sense can't be supported.
|
|
Bill
|
We
have other domain names just in case...
|
|
kadunkadunk
|
Bill,
change the domain name so we can get closer to a factory
supported site.
|
|
FACTORYFIVERACING
|
I
hope we can evolve our website to do this. I think our
biggest challenge right now is to accurately describe our
products. So much has changed and we are struggling to
keep people informed. All of these need to be put into and
compared to our over-all strategic plan to make sure we
are working on the most important projects and in the
right order.
|
|
kadunkadunk
|
I
spoke to David Rhia at the Mid-America Cobra challenge. He
mentioned that you could buy replacment body parts. We
just have to ask. Well, I'm planning on racing mine. Could
you include partial body panels, even half bodies and
prices on the website?
|
|
Bill
|
changing
the domain is risky. We've spent a great deal of money
developing/branding FFCobra. We don't want to lose the
traffic because we moved.
|
|
cobra7.5
|
Is
there a discount for those of us who made the video?
|
|
kadunkadunk
|
I
almost ordered an entire 'extra' body but thought it too
premeditated.
|
|
FACTORYFIVERACING
|
Everyone
in every company says... "The problem is
communication" That's true here as well. I think a
huge challenge we face is getting the right information to
the right people (and that's just within the walls here at
FFR). Multiply that by 1000 when you're dealing with
customers on the phone, at shows and during visits.
Everyone here wants desperately to help customers. If
something goes wrong i have found it's usually connected
to communication.
|
|
Rob
Adkins
|
Dave,
what do you think the ratio of people is who use a donor
vs. who go the non-donor route? I think it would be
helpful to make available a detailed list of parts needed
for those going non-donor. This can be generic and without
part numbers, but with part names/descriptions.
|
|
ghalleck
|
I
know the Grassroots Motorsports is building a Spec Racer
project. Has there been any other recent publications
doing articles? It seems appropriate in view of the rapid
growth and visibility with DVSFII.
|
|
Bill
|
Only
5 minutes left... I want to thank Dave and everyone at
Factory Five! Also, thanks to the members!
|
|
Richard
Oben
|
Hi
Dave See you in a week. Cheers Richard.
|
|
FACTORYFIVERACING
|
We
have parts of bodies I can sell you easily. Can you see
how this quote could be taken out of context? Discount for
video guys? I hadn't thought of that. When Hollywood calls
I want a piece of the action. Don't order an extra body,
that's tempting the gods of crashing too much.
|
|
cobraearl
|
Thanks,
Dave, and thanks Bill, aka FFCobra
|
|
Galt
|
We
currently have 131 people online. Thanks to Dave and
everyone for participating.
|
|
FACTORYFIVERACING
|
The
parts question was brought up earlier, we'll try to work
on it through customers. The FFR roadster is being
featured in two or three other mags at this time (articles
due to be released) Also I think you'll see press on the
Bondurant School. Thanks to Bill and his crew. Thanks to
you guys for being so kind. I hope this wass helpful. It
was very good for us to get this feedback. Thanks for the
job.
|
|
Rob
Adkins
|
Thanks
to everyone who made this possible!
|
|
|