Well that literally could be the million dollar question! Thankfully though, the costs are surprisingly low for the newcomer. A decent club bike like a Honda CBR125R or a Yamaha TTR125 could be bought for under $2000. Add another $1000 for full gear and your good to go.
To put things more into perspective, here's a comparison one of our staff members came up with when comparing the costs for her son's racing.
What does it really cost to get into youth motorbike racing?
(from a parent who has had a child in both hockey and motorbike racing)
It’s not as expensive as you might think.
Below is a cost comparison to hockey. Low rates would be starting at for used with the top being brand new, higher end products.
As you see below the start up costs for motorbike racing are slightly higher for U9 Hockey, but compared with U17 it is about the same. However this rate considerably drops each year afterwards. With racing once you buy the bike you can use it for many years to come. Most Hockey equipment will only last 1-2 seasons. With Motorbike gear on average every 2-3 years.
For a second season racing your costs will be minimal with only club memberships, and practice / racing day fee’s. With the hockey association fee’s you are spending on average $1000+ per year. And unlike hockey motor bike racing has no cash calls, fund raising or tournament costs.
As this is a solo sport you are not letting anyone down if you can’t make it to a race.
Shin guards $20-$90
Shoulder pads $20-$100
Elbow pads $10-$70
Helmet (new) $30-$125
Jockstrap (new) $20-$50
Mouthguard (new) $15-$50
Association Fees $800-$1400
Total cost $995-$2835
Helmet (new) $50-$200
Protective Leathers $150-$1000
Club Membership $50
Total cost $1330 - $4950
for your first year
Additional costs not included in above
Race Days $100/ event day
Track night practice $50/ Night