World Class Driving is the premier motorsport attraction located in the Las Vegas, Nevada market and one of the top, non-gambling tourism attractions. Since its founding, over 25,000 people have participated in an exotic car driving experience designed and operated by the Company. The firm was named in 2011 by Inc. Magazine as one of the 5,000 fastest growing privately held companies in America and was just awarded the “Best Exotic Car Driving Experience” award by Drivers Talk Radio.
The SPEED: VEGAS motorsports tourism/entertainment complex will offer five major activities:
Founded by Aaron Fessler and Tom Mizzone in 2007, WCD has consistently maintained the goal of serving its customers - those who have a passion for exotic, high performance automobiles - with“best in breed” experiences available in the market.
The Company currently has a team of approximately 30 individuals on the ground in Las Vegas. These individuals are responsible for the execution of the Company’s exotic car driving experiences, which are offered 6 days a week from sun-up to sun-down.
Frequently Asked Questions
When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by World Class Driving. Once World Class Driving accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to World Class Driving in exchange for your shares. At that point, you will be a proud owner in World Class Driving.
Preferred equity is usually issued to outside investors and carries rights and conditions that are different from that of common stock. For example, preferred equity may include rights that prevent or minimize the effects of dilution or grants special privileges in situations when the company is sold.
A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing.
To learn more about startup investment types check out “How to Choose a Startup Investment” in our academy.
To make an investment, you will need the following information readily available:
- Personal information such as your current address and phone number
- Employment and employer information
- Net worth and income information
- Social Security Number or government-issued identification
- ABA bank routing number and checking account number (typically found on a personal check or bank statement)
Because World Class Driving is offering its securities under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.
Until a closing occurs, you may cancel your investment at any time, for any reason. You will receive an email when the closing occurs and your shares have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your portfolio page.
Currently there is no market or liquidity for these shares. Right now World Class Driving does not plan to list these shares on a national exchange or another secondary market. At some point World Class Driving may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when World Class Driving either lists their shares on an exchange, is acquired, or goes bankrupt.
You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement.
This is World Class Driving's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity.
This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire investment amount. In addition to these risks, you should carefully consider the specific information and risks disclosed in World Class Driving’s profile.