FAQ
Why would Julien give away his profits?
Formula 1 is a very tough category to reach. Without any wealthy background, it is almost impossible to compete in this category. With your investment, Julien will manage to climb the last steps of the ladder separating him from Formula 1. In order to be thankfull with all the people whom has helped him, he decided to give away half of his profits to those, in order for him to have the chance to live his dream.
How do I make an investment?
On the invest now-page, here.
How can I follow my shares in the program ?
December 31st of each year will be established an update about the proportion of your investment in the program.
Where can I learn more about Julien?
Information about Julien are available on most of motorsport websites. You can also find more information on his official website : www.juliengerbi.com.
How do i stay updated on Juliens progress?
By being an investor, you will frequently receive our newsletter in order to know exactly at what point of his racing program Julien is. A particular phone line is also established for you to directly speak to Julien.
What parts of Juliens income am I entitled to?
- Julien’s salaries from teams for racing, testing and car/pieces development as a racedriver.
- Any prize money received regarding his results or his participation to races. (can go up to several millions euros in categories such as Nascar or IndyCar)
- Publicity contracts, excluding the proper sponsors contract (where the money is used for racing)
How is my investment paid back?
At the moment Julien will sign a contract planning a salary, or any prize results, you will be informed. Your share will be calculated, in order to know which proportion you had in Julien’s career financement at the day of the signing, and an official document precising it will be sent to you. The payment of your shares will usually be by cheque at the end of the year, but can also be done through a bank transfer.
How many shares will my investment get me?
Your shares are proportional to the total amount needed by Julien. If Julien needs 700.000 euros to be in Formula 1, a 700 euros share will represent 1/1000. Each time Julien will earn money, the 700 euros share holder will earn 1/1000 of 50% of Julien’s incomes.
Can I transfer my shares?
You have the possibility to offer your shares or to yield it in your heritage. For offering the share, a normal authorization dated and signed by you and the new share holder is enough. For the yielding, your shares will go to your closest family member, or to the person you decided in a notarized document.
Can I contact Julien in any way?
Julien can be contacted any time by e-mail at julien@myracedriver.com or at the phone number which appears in the proof of ownership.
Do you accept credit card payments?
Credit card payments are accepted through Paypal.
Do you give refunds?
All our investors have the right to change their mind, during a 7 days timeframe. Once this timeframe passed, no refunds will be allowed.
Why was my credit card declined?
We cannot respond accurately to these types of enquiries, since PayPal handles our payment processing. If you have problems processing your payment, please contact PayPal or find the appropriate solution on their website.
When will my package arrive?
Your package will be sent once the 7 days legal timeframe passed. So you should receive it around 15 days after having bought your shares.
I didn’t receive my investors package, why?
If your investment exceeds €50, an investors package should be sent to you within 4 weeks of your investment. If for some reason you have not received the package after this time, please get in touch with us at info@myracedriver.com and we will resolve it.
I didn’t receive a receipt on my payment, whats wrong?
PayPal handles our payment processing, and after each money transfer they send out a confirmation of your payment. Should you not receive a confirmation, please check your spam folder to make sure it wasn’t misplaced.