I've actually dreamed about building a car and participating for years... Hell, over those years, I've probably enthusiastically discussed the concept of the event with dozens of people who probably thought I was just incoherently rambling and wanted me to shut up.
What's funny is that between the buddy I wrench with the most and myself, we have a plethora of options either below or right around the Challenge limit: A $500 Capri XR2 currently getting a "hybrid" Probe and Thunderbird TC turbo, a $2k Spirit R/T, $1800 Daytona Iroc R/T, two almost free AWD 1G DSM's, an optionless bolt on V8 single cab short box Dakota with a total investment around $2k, an $800 AE92 Corolla GT-S, a $2300 LS1 Camaro Z28, an entire spare Capri XR2 drivetrain that could easily be transplanted into a Festiva or old 323 hatch, a 360 Magnum and trans with an OBD1 harness and multiple spare ECU's that could go in some old smaller 318/360 Mopar or another lightweight Dakota, two garages bursting at the seams with parts and miscellaneous junk for and from Turbo Mopars/Fazdas/4G63/MHI and IHI turbos/Mopar Magnum V8s/LS engines/Cobalt-Ion-LSJ cars/unused intercoolers, plumbing, exhaust, etc etc... On top of that, I just parted out a complete Cobalt SS/SC that with a cheap junkyard Saab 9-3 longblock would've left a ton of budget to make it more competitive in drag and autocross ...
All that said, the biggest things stopping me are: Time of year, distance/location and expense (for travel/etc.) .
-Just looking at the drive on Google Maps, I'd be looking at 4 days total for travel to and back, and 35+ hours of seat time. Given the Challenge-worthy vehicles I currently own and/or projects I'd potentially build, towing would probably be the smartest option. Since I don't have a truck (that I would want to tow with) or a trailer, I'd either need to purchase them for myself or rent them, both of which are factors in the "expense" column.
-Since it's in Florida in the middle of fall, I see two outcomes adding somewhat to expenses or maybe taking away some sanity? Given the location and time of year, my GF will:
A. Most likely want to tag along. Her attendance is fine with me, however we can't seem to ever find someone to watch or take in our two furry children if we are both going away. I certainly would not want to bring them with us, so we would have to pay to have them boarded over the 6ish days we're gone, which gets expensive...
B. Possibly not be able to go for whatever reason and potentially be sour about it because it's Florida.... This one's a double edged sword. It would make my trip cheaper since she'd be home with the dogs, and obviously one less person, but I know for a while I'd get an endless guilt storm and somehow have to make up for the fact that I got to go "on vacation" to Florida (which would likely add to expenses ). Then again, if I drove one of my cheap cars that she despises... Did I just solve this and the tow expense issue?
Choice B would be a complete non-factor if the event was somewhere like BFE Ohio/Indiana/PA/etc. as she would have zero interest in coming along, which then saves me expense on dog boarding and all that.
I will say that if it was and had always been in that general area, I'd like to think I probably would have by now become a regular attendee and participant.
The time of year is a smaller one. Usually in fall, we get busy at my company with travel and such, making it harder to take time off.
Regardless of all that, one of these years I WILL attend, just can't put finger on when.