RENTAL AGREEMENT

This Agreement is made and contracted this day of __________, between Edmonson Motorsports, LLC, a Georgia-formed LLC, and its agents, hereafter referred to as "Principal", and _____________________, hereafter referred to as "Renter". Jointly, Principal and Renter shall be referred to as the Parties. Principal agrees to make available, and Renter agrees to accept shared use of, Principal’s motorsports equipment and race vehicles, including but not limited to a 1994 Mazda MX-5 Miata race car and/or a 1999 Mazda MX-5 Miata race car (each and collectively, the “Vehicle”), for a designated motorsports event (“Event”). The specific Vehicle made available to Renter shall be determined at the sole discretion of Principal. Renter agrees to be bound by all terms of this Agreement, including full responsibility for the use, care, and liability associated with the Vehicle while operated by or assigned to Renter during the Event. Use of the Vehicle is strictly limited to official Event sessions and must, at all times, comply with Event regulations, Team rules, and all applicable local, state, and federal laws.

The designated purpose of use shall be limited to [RACE] – a motorsports event provided by ChampCar Endurance Series – held [DATE] at [RACETRACK] in [LOCATION].

Any action by Renter resulting in the use of Principal’s property outside of the Event, or use not in conformance with the established rules of the event, or any use that is in violation of any Municipal, State, or Federal law, shall immediately nullify this Agreement and require Renter to:

Renter agrees to:

Accept full and sole responsibility for any and all damages, liabilities, disciplinary actions (public or private), or legal claims arising from or related to Renter’s use of the Vehicle or participation in the Event.
Fully indemnify, defend, and hold harmless Principal from any damages, losses, liabilities, claims, or legal actions resulting from Renter’s use, including Vehicle damages, legal fees, and any loss of revenue or loss of use suffered by Principal.
Compensate Principal for any and all damages to Principal’s property attributable to Renter’s use of the Vehicle (“Vehicle Damages”).
Reimburse Principal for any and all legal costs, attorneys’ fees, and expenses incurred as a result of Renter’s use or conduct.
Reimburse Principal for any loss of revenue and/or loss of use resulting from Vehicle damage or downtime attributable to Renter’s use.
Represent the Team professionally at all times.
Comply with all Team rules, policies, and instructions without dispute.
Refrain from misconduct, unsafe behavior, or any action that may cause reputational harm to the Team.
Refrain, for a period of twenty-four (24) months following the Event, from directly or indirectly soliciting, hiring, engaging, or diverting any Team contractors, crew members, employees, or drivers.

Principal shall transport and provide said property to the location of the Event by Principal’s own means and under coverage of Principal’s own insurance. In case of mechanical failure or on-track incident, Principal may not have all parts required to complete the Event. Renter understands and acknowledges that Principal cannot guarantee any length of operation of Principal’s property during the Event. The duration of availability of the Principal’s property to the Renter is unknown.

Renter Initials:_______

Condition of Property & Liability

Principal’s property, including the Vehicle, is provided AS-IS and WITH ALL FAULTS, without any representations or warranties of any kind, express or implied, including any implied warranties of merchantability, fitness for a particular purpose, or safe operation beyond the expressly intended motorsports use. Renter acknowledges and agrees that motorsports activities are inherently dangerous and that use of the Vehicle may not be safe. Renter further acknowledges that the Vehicle is race-prepared and inspected in accordance with applicable sanctioning body requirements; however, racing conditions are unpredictable and mechanical failure, loss of control, or damage may occur at any time, regardless of preparation or inspection.

Renter, on behalf of themselves and their family members, heirs, executors, administrators, assigns, agents, employees, and any other persons claiming through or under Renter, agrees to fully indemnify, defend, and hold harmless Principal from and against any and all actions, claims, demands, damages, losses, liabilities, costs, or legal proceedings of any kind arising out of or related to Renter’s use of, operation of, or association with the Vehicle or Principal’s property, whether arising from negligence or otherwise, to the fullest extent permitted by law. Renter shall be financially responsible for damages, losses, or liabilities directly attributable to Renter’s actions, errors, misuse, abuse, or improper operation of the Vehicle. Renter shall not be responsible for damages solely caused by the actions or negligence of other drivers or third parties, or by mechanical failures not attributable to Renter’s conduct.

Principal makes no representations or guarantees regarding the duration of Vehicle operation, completion of the Event, or the amount of driving time Renter may receive. Renter expressly acknowledges that participation fees are based solely on the opportunity to participate and not on any guaranteed outcome, mileage, or seat time. Renter acknowledges that Principal’s property has been constructed consistent with the respective governing organization’s safety requirements and has been inspected for compliance. Renter shall only be responsible for damages or liabilities directly resulting from Renter’s use of the vehicle. Renter shall not be liable for any damages caused by other drivers or their actions during the event. Principal shall indemnify and hold harmless Renter for any damages, legal actions, or liabilities arising from the actions or negligence of other drivers using the vehicle.

Normal wear and tear excepted as related to the intended use of Principal’s property. For the purposes of this agreement, normal wear and tear shall be defined as deterioration or minor damage resulting from the ordinary use of the vehicle during a competitive race. This includes, but is not limited to, tire wear, brake wear, minor cosmetic damage, and minor fluid consumption. Renter shall not be liable for costs related to normal wear and tear. If any damage is realized to Principal’s property based on the actions of a single Renter, actions that fall outside of the course of normal, competitive on-track racing, that Renter shall bear the full and sole burden of all repairs. Renter agrees to compensation of Principal for damages to Renter’s property reasonably concluded by Principal to be the fault of Renter. Such issues may include, but are not limited to the Renter executing a “money shift”, continuing to operate the vehicle at race pace when temperatures exceed safe ranges, (270°F oil, 225°F coolant) overdriving the vehicle, excessively hitting rev limiter, intentionally leaving the racing surface or other negligent acts.

Renter further agrees to the schedule of repair and replacement costs for Principal’s property as enumerated in Amendment “A” of this agreement. Principal’s countersignature confirms that Principal has received and Renter has paid the Principal the total sum required for the shared use of said property during the Event. Such sum may not be due in its entirety prior to the commencement of the Event for which Renter is contracting for use of Principal’s property but may be due solely upon Principal’s requirements for payment.

In any case, Renter agrees to pay Principal for total sum upon demand and without delay. Principal’s failure to collect the balance of any sum due to Principal from Renter at any prescribed time shall not release Renter from obligation of any sum due to Principal.

Renter agrees to fees for use or legal costs as detailed in Amendment “A”. Renter agrees and understands that Principal may pursue legal actions to satisfy all demands of this Agreement, and as such, Renter agrees to reimburse Principal for all legal costs associated with Principal’s rights in accordance with this Agreement.

Renter acknowledges and agrees that the Event and all motorsports and auto racing activities are inherently dangerous and may result in serious bodily injury, death, or property damage. Renter voluntarily and knowingly assumes all risks, both known and unknown, foreseeable and unforeseeable, arising out of or related to participation in the Event, including risks associated with vehicle operation, track conditions, mechanical failure, and the actions or negligence of Renter, the Principal, other participants, officials, or third parties.

To the fullest extent permitted by Georgia law, Renter hereby releases, waives, discharges, and forever acquits Principal, together with its owners, officers, agents, employees, contractors, heirs, beneficiaries, assigns, successors, and affiliates, from any and all claims, demands, causes of action, liabilities, or damages of any kind, whether known or unknown, suspected or unsuspected, arising out of or related to Renter’s use or operation of Principal’s property or participation in the Event, including claims arising from the negligence of Principal.

Renter further agrees to hold harmless and indemnify Principal from and against any claims or counter-claims asserted by Renter or by any third party claiming through or under Renter, including claims involving other renters or participants, arising from Renter’s operation of the Vehicle or participation in the Event.

Renter expressly acknowledges and agrees that Principal has no obligation to provide medical care, medical insurance, or medical compensation of any kind, and that Renter is solely responsible for all medical expenses, treatment, or losses incurred as a result of participation in the Event.

Principal shall have no obligation to Renter to provide any service, amenity or luxury not specifically enumerated in this agreement. Any such items provided by Principal during the Event shall be at the Principal’s sole and complete discretion.

This contract shall be ruled by the law of the State of Georgia and any actions involving this agreement shall be brought within Bibb County, Georgia.

Agreed by Renter: Agreed by Principal:

Renter Signature: ___________________________ Date: __________

Renter Print Name: ___________________________

Edmonson Motorsports: __________________________

Amendment “A”

Renter acknowledges and agrees to the following fees and costs relative to use of Principal’s property for the prescribed event:

The Renter shall pay Principal the amount of two thousand five hundred dollars ($2,500) for each event using Principal’s property, due as stated on the applicable invoice issued by Principal. Renter’s obligation to pay shall not be relieved for any reason, including failure to complete or participate in the event, and no refunds shall be owed for circumstances beyond Principal’s reasonable control; any refunds are issued solely at Principal’s discretion. Damages shall be assessed based on actual repair or replacement cost, including labor estimated at $100 per hour unless otherwise documented, as well as parts, towing, transport, diagnostics, storage, and any Vehicle downtime or loss of use, as determined by estimates, invoices, receipts, or Team internal records.
Principal and Renter agree upon the following costs to repair or replace Principal’s property, if damage is a result of a situation not deemed an unavoidable contact by Principal:

Engine: $2,000.00+
Transmission: $750.00
Tire: $200.00 (flat spotted, damaged, or torn during on- or off-track incident)
Wheel: $250.00
Front or rear bumper: $100.00
Front fender: $150.00
Rear quarter panel/fender: Determined by repair facility
Hood: $200.00
Door: $200.00
Fog light: $200.00
Tail light: $100.00
Any other item or component not listed to be reasonably valued by Principal

Renter’s total liability for Vehicle Damages shall be limited to repairs or replacement of parts directly attributable to Renter’s actions during their driving stint. Renter’s maximum total liability for Vehicle Damages shall be capped at the fair market value of the vehicle, which has been agreed to be $20,000.

Renter Signature: ________________________________ Date: ____________

Optional Damage Protection Addendum

This Optional Damage Protection Addendum is a discretionary offering by Edmonson Motorsports to eligible drivers participating in ChampCar Endurance Series events through seat rental, arrive-and-drive, or team participation programs. Participation is entirely optional and, if elected, applies solely to the single ChampCar event for which it is purchased. This Addendum is event-specific, non-transferable, and does not extend to any other event, vehicle, or engagement with the Team.

For a flat, non-refundable fee of $500, paid prior to any on-track activity, Edmonson Motorsports will apply up to $2,500 toward the cost of repairs or replacement of Edmonson Motorsports–owned vehicles or equipment that are damaged as a direct result of an on-track incident during official ChampCar sessions, including practice, qualifying, or the race itself. The application of these funds toward repairs will be determined at the sole discretion of Edmonson Motorsports.

The driver acknowledges that they remain financially responsible for all damage incurred. This addendum functions only as a partial cost offset and does not limit or cap the driver’s overall liability for damage. Any repair or replacement costs exceeding the $2,500 coverage amount remain the responsibility of the driver.

This addendum does not apply to engine damage caused by over-revving, missed shifts, abuse, or improper operation; damage arising from reckless driving, intentional misconduct, or failure to comply with ChampCar rules, flags, or steward instructions; damage occurring outside of official ChampCar sessions; or personal injury, medical expenses, or damage to third-party vehicles or property.

This addendum is not an insurance policy and does not replace or provide personal motorsports, medical, or liability insurance of any kind. It is a private damage-sharing agreement between the driver and Edmonson Motorsports. Coverage under this addendum is valid only if purchased in advance of the event and is non-transferable.

By signing below, the driver acknowledges that they have read, understand, and agree to the terms of this Optional Damage Protection Addendum.

☐ I elect to purchase the Optional Insurance Addendum for Five Hundred Dollars ($500.00 USD) and acknowledge that it provides coverage up to Two Thousand Five-Hundred Dollars ($2,500.00 USD), subject to all terms and conditions set forth in the Insurance Addendum.

☐ I decline the Optional Insurance Addendum and acknowledge that I am responsible for any damages, losses, or costs in accordance with the standard Edmonson Motorsports driver agreement.

Driver Name (Printed): ______________________________________

Driver Signature: ___________________________ Date: ______________

Upon confirming participation in the Optional Damage Protection Addendum, the driver will receive an invoice for the applicable fee to be paid prior to on-track activity.

Optional Photography & Videography Addendum

Edmonson Motorsports has engaged Liliana Visuals to serve as the Team’s official photographer and videographer for the event. Participant acknowledges that any photography or videography services offered under this Addendum are entirely optional and are not required for participation with the Team.

If Participant elects to purchase this Addendum, Participant will receive individualized photography and/or videography coverage during the event, which may include on-track driving action, pit lane and garage activity, behind-the-scenes moments, and hospitality or paddock-area coverage, subject to event scheduling, track access, safety regulations, and photographer availability. Following the event, Participant will receive a curated selection of edited digital photographs and/or video clips depicting Participant’s driving stints and involvement with the Team, with delivery method and estimated turnaround time communicated after the event.

The fee for this Addendum is One Hundred Fifty Dollars ($150.00 USD) per Participant and must be paid in accordance with Team payment instructions prior to or during the event. All photographs and video content captured remain the intellectual property of Liliana Visuals and/or Edmonson Motorsports. Participant is granted a non-exclusive, non-transferable license to use the delivered media for personal use, social media, and non-commercial promotional purposes only. Commercial use, resale, sublicensing, or distribution to third parties, including sponsors, is prohibited without prior written consent.

Participant understands that while reasonable efforts will be made to capture Participant-specific content, no guarantee is made regarding the quantity, type, or specific moments captured. Edmonson Motorsports and Liliana Visuals shall not be liable for missed shots, incomplete coverage, or media loss resulting from scheduling constraints, safety restrictions, weather conditions, equipment failure, or other circumstances beyond their reasonable control.

By electing this Addendum and submitting payment, Participant acknowledges that they have read, understood, and agree to the terms set forth herein.

☐ I elect to purchase the Optional Photography & Videography Addendum for One Hundred Fifty Dollars ($150.00 USD) and agree to all terms set forth herein.

☐ I decline the Optional Photography & Videography Addendum and acknowledge that no individualized photography or videography services will be provided to me.