Santa Barbara Race ClubDue-Diligence Portal · Advisory by IAG

Orientation

Executive Overview Project Vision Project Background

Analysis

Construction Cost Revenue & Employment Visitor Spending Market Research Comparable Facilities Economic Impact

Plan

Business Plan Financial Model Overview Capital Structure Construction Budget Membership Strategy Residential Development

Execution

Risk Analysis Development Phasing Project Timeline & Roadmap Governance & Management

Action

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Proposals / Motorsports / Santa Barbara Race Club / Execution / Governance & Management
Execution

Governance and Management

Who owns the project, who advises it, and how it is run — the ownership and advisory structure, the operating organization, and the decision and control framework that governs delivery and operation.

SBRN Management LLC
Client / ownership
Engagement
Ignition Advisory Group
Consultant / advisor
Engagement
72 FT · 13 depts
Operating organization
Operator-gated
Acceptance & egress decisions
Governance
Ownership & advisoryOperating organizationDecision & control

Ownership and advisory

Client / ownership

SBRN Management LLC — the project owner, holding the land contract and the development decision.

Consultant / advisor

Ignition Advisory Group (IAG) — strategy, financial modeling, feasibility, and execution advisory across the engagement.

Operating organization

The stabilized operation is 72 full-time positions across 13 departments at a 30%-loaded payroll of $10.42M, mobilized progressively as facilities complete. The department structure spans administration, marketing, accounting, partnership sales, operations, facility and track maintenance, membership services, track safety, concierge, restaurant and catering, security, public and member events, and the karting facility. Full detail is on the Revenue & Employment page.

Decision and control framework

Single source of truth

Every figure of record traces to one parameter registry; pages reference it by ID, never restating values

Operator-gated decisions

Acceptance, supersession, and any external release are owner decisions — never agent- or staff-initiated

Closed-loop control

Construction and operations run on measure → verify → correct → update, with monthly budget-versus-actual and KPI review

Conservative underwriting

The plan is built to the Expected case and stress-tested to the Conservative floor
The detailed execution doctrine, build order set, and operations order set sit in the project's execution suite; this page summarizes the governance posture for the diligence audience.

Related analysis

Business PlanRisk Analysis
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Confidential. Prepared by Ignition Advisory Group for SBRN Management LLC. Access-controlled; not for public distribution. Supporting documentation is available through the References & Sources section.
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