Mary,

The teams were not going to get a trailer; only a boat, hotel rooms and rental car or truck. If Mike had gotten a rental co. to supply the cars for free (to be a sponsor) and the boat manufacturer to supply charter boats for a small fee, and the hotel rooms at good rate with so many teams, yes, it could be done for $5,000. The biggest expense is usally food for our team. In a Virginia newspaper MW said it was 'spent in the course of ordinary business.' The race never started so where did it all go - possibly to pay past bills and lawsuits??