Additional factors for your consideration:
- Age group? 20-30, 31-40, 41-50?
- Is this a hobby or you planing to go professional?
- Is wife earning income?
- Own a house? Fully paid?
- Do you do budgets every month?
- Do you invest? How much a month?
- Do you save? How much savings a month?
- Own's estimation on driving talent? Have you competed in GoKarts before? (Generally you graduate from Gokarts before going into production car racing.

50% DP is alot...how credible is this local sports academy? Any track records and have you considered if they were to wind down after 2-3 years?

Ask yourself whether this is something you "want" or you "need"? Again think about the financial planning including the opportunity costs that you and your family are going to face because of your decision. If you are not able to buy it outright, meaning you can't afford it therefore you shouldn't finance it.

So fast mid life crisis?
Stay with your job and just target for hobby. At 20 - 30, will u have income while in academy?
U don't makan, kiddo has to makan daily.
Instructor say u got talent - could be a sales gimmick.

Its your life, your choice.
All the best.

i would discourage against it.
just earn more until you don't need a loan, or at least, can comfortably get a loan without the need to seek validation on a forum.

now, about bolded, no. there will be opportunity(ies) coming up all the time. don't be FOMO
your annual income is too low to burn on motorsports. i earning very slightly more than you, also just having a 2 soon to be 3 years old son. and i've been inactive from motorsports since 2019 just repairing/rebuilding my finances that was in ruin (and motorsports was a huge contributing factor)
back in 2018 2019 i only had debts, no savings. today i got some savings that can be resilient a comfortable duration in case i do lose my job
my point being, chances are motorsports is only going to be a casual stint or hobby, and if you're not going pro with it,  you have no business taking huge financial risks with it.

just curious, who? Kenny/Kegani racing?

i think you're probably at one of those crossroads in life where you need to decide your priorities and make sacrifices given that we're typical normal average salary earning folk

bro, ignore those who says no.
Its a one in a life time opportunity.
Things will not happen if you think rationally.
Most of the talent are dead in the country because they take advise from their parent, neighbour, uncle aunty.
Just go with your heart and do your best. There will be no regret in your life.
Most of the people here never even been in a track or drive decent car.

just do your best and the money will be well spent.
you are buying a lifetime opportunity where other people never experiance it before.

No right or wrong in life decisions. Just need to focus on what your priorities are.
if you focus on yourself, then race forward. Wife and Family will have to sacrifice while you use resources for self entirely.
if you focus on family, then forget about it. You sacrifice your desires... save / invest money in things which can grow your wealth so you and family can have better standard of living.
or find some middle ground... take % of your income for racing hobby or for investments.

only advise is to plan ahead to anticipate any challenges (be it your racing desire or wealth growing opportunities) so that you have back ups if things go bad.

Why go through the academy?
Why not a sim rig (less than 2k to start) and learn yourself?

Hi TS,

First of all thank you for availing your time to join the Open Day, must be the one that was held 2 days ago on Sunday.

I'm one of the early batch of the student and I've been with the academy for 3 years now. I signed up in late 2021 (or was it early 2022) after a lot of deep consideration. Soon after I've completed the trainings in around few months and made my race debut in June 2022 (not using the Swift), and also had the privilege to participate in a 25 hours endurance race in Thailand at the end of 2022 and we took P3 in our category (out of 10 cars).

I then have raced with my Swift in 2023 and 2024. I was P3 overall championship (out of 7 cars), and now P2 in overall standings with just one more race to go and just 10 points away from P1 (each position in MSF is 10 points from each other, so everything is still up for grabs)

Things that went through your mind regarding financial commitments have also been in my mind during consideration, and still in my mind now. No doubt racing is one of the sports that demands a very high (if not highest) commitment in terms of time, energy, finance, and also to a certain extent, character (because there's stress and pressure you need to be able to handle, and recovering from failure / mistakes / learnings)

It'll be a lot elaborate here so if you want to know more and bounce thoughts regarding your concerns, DM me and we can meet up for coffee

Disclaimer: I'm not a professional, I still have a day job that is not related to cars / racing / automotive, and no intention of quitting that

To also show that I'm not BS-ing, feel free to check out my profile (and follow too, that would mean a lot to me)
https://www.instagram.com/andyboey/

Best Regards,
Andy Boey

I just let you know bro what happened to a friend of mine who kitted out his car. Got everything for it and he started drifting and joining competitions. Then covid hit and then he got a kid. Had to sell the car and even the parts he got for the car cannot be sold (too used) and he's struggling to support the child of his.

Im a dad for a almost 4 year old boy and we won't know when or if a covid pandemic will hit us again and by that time you will be desperate to find money for the rental and feeding your child. Mind you during those years of covid schools were still collecting school fees.

The moment you had your child you should have kissed all your wants and needs good bye. Should save up to get a home or even for his education which will cost a bomb.

But let's just say you really want this, you have to make sure you max out your responsibility as a parent to him and coming from a person who owns a business and makes around 20k over a month. Nothing scares the shit out of me than another lock down or I am bed ridden

Here's my die die savings for my family
SSPN max 8k per year
Prs max 3k per year
Savings minimum 800 myr per month (I usually hit 1.5k)
Investments minimum 800 to 1k myr
Insurance
Life insurance..myr 800 month
medical insurance. His and mine 500 myr to 600 my per month  You going into racing means your medical insurance will be "special" due to the dangers of being a racer.
House loan 2k per month
Son's kindi 10.6k per annum

My 10 year old car is slowly breaking down and everyone has been telling me to change that junk but I always answer them not until I send my boy off to Uni

Before thinking of stepping into this, make sure you get your finance and responsibilities as a parent and husband right. Don't go dying and leaving them with nothing. Then you go applying a personal loan for a hobby before getting a home is the shittiest thing a parent can do. Sorry to be harsh

How's it going? Updates?

Are you already in the local touge scene, weekend drives, typical famous modified car workshops events in PJ/Sunway etc

The above helps alot in giving you an entrée of performance oriented car driving and all the untold costs, and might even be enough to satisfy the urge for "motorsports", because it damn well did for myself and alot others of like minded folks.

Among friends in the weekend touge scene, there are those that wants even a step further, but not full-blown raceteam, so they're into GT 7 world series races, and their online races - one of them got very close to qualify in malaysia's nation cup, which entails him travelling to europe if he won, but ain't nobody knows or cares who comes 2nd or 3rd place lol.

Don't laugh, but if you're innately good at proper simracing game (gt7/iracing etc) - you can bet your ass you 100% have talent in real life peformance car driving, as told from my friend who casually got gold trophy for all license tests by quite a margin: "It's not about how realistic or true to life this Cayman S ingame is as compared to your real car bro, it's about how you can TELL the characteristic of the car you're currently driving ingame, and adapt to it's quirks and extract the performance from there"

Well, that shut me up nicely because i was making excuses on how GT7 is so fake or how come so many car handling macam sampan, tyre tarak grip, brek abit then spin, lanciao impossible to get gold trophy on nurburgring without dq's etc etc. And true enough... this fella could powerslide, rotate and screech his tyre to hell in real life driving, when the rest of us - the moment steering feel light already kecut bola and car goyang goyang lol, so you might want to see if you have talent in actual sim-racing GAME. (important emphasis on what simracing game you're playing, if it's forza/need for speed or some other initial D arcade game, those are pointless games, you need real racing sim games)
https://www.gran-turismo.com/gb/gt7/champio.../2025/overview/

edit: more links https://www.gran-turismo.com/gb/live/ ,some example of how huge this e-sports scene for simracers, if you're a hidden gem - you might even get signed onto an international raceteam.

savvy punya hp and technology limits ur ability.
buy those car from wrc game wei