Hey I like the 24 hours of lemons idea!
I agree that racing can be expensive. One thought -- have you considered formula V? You can actually purchase a formula V-spec car for less than 20K -- you could get a pretty reasonable one for 10 - 15k -- and still be competitive -- and the cost to run and maintain is very cheap compared to a stock car. All you need to do is pay for tires (2 to 3 pairs a season) the gas, liscense, etc.
What are your thoughts?
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“Auto racing, bull fighting, and mountain climbing are the only real sports ... all others are games.” -- Hemingway
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