We’ve had many questions and even begun to hear more rumors…..at this point the investigaton into the cause of the fire is finished, and was unable to pinpoint the exact cause. The insurance company has had a number of tests performed to determine the extent of the damage, and we are wiaiting for their verdict. Rest assured that as soon as we know anything, we will let you all know as soon as possible. Once the inspections are complete, we’ll be able to determine the best path forward in her rebuild program.

Precious Metal Reno 2013 On Ramp From Behind

Dear Race Fans,

Precious Metal is more than an airplane; she’s larger than life. You have all proven it since our ground fire incident mere hours ago. The groundswell of support is humbling. So what are our options? We could throw in the towel and move on from this tragic chapter and leave the world wondering what could have been.

Or…

We could, in true Team Precious Metal fashion, NEVER GIVE UP! Precious Metal does not deserve to be parted out and disappear into the history books as a failed attempt at the World’s Fastest Motor Sport. She deserves to rise out of the ashes in true Phoenix fashion and prove her worth!

Everything is repairable; it’s all a matter of capital. If we can raise the necessary funding to make this happen, she will race again!

Many things have to be repaired: wings, fuselage, engine, systems, cowling and last, but not least, her famous paint scheme. The Precious Metal program is run on countless hours of dedicated volunteers and a shoestring budget. This most recent set back is too much of a financial burden for the program to handle. As we know, a setback is just a setup for a comeback. Which brings us to our proposed solution. Here’s Team Precious Metal’s offer to you, our fans and supporters:

We will give you one square inch on Precious Metal for a donation of $50 towards our rebuild. We will fly your picture around the course embedded in our new paint scheme and you can be part of resurrecting one of the most iconic race planes is history.

Team Precious Metal will be in Reno this year. We will have our pit and sell our team gear. Chances are we’ll provide some evening entertainment as well. Come see us there and purchase your squares!

There are several ways to support our cause: through our Precious Metal gear sales, our newly invented onboard picture program, or by supporting our sponsors and purchasing their products.

There’s no limit as to how many square inches you can purchase, we’ll just make your picture larger! Or submit pictures of friends, family, pets or whatever you desire. Precious Metal is the people’s racer. And with your support she will growl around the course again!

Make your mark in air racing history here:

squareup.com/market/AirRaceTeam

On a personal note, air racing has been the most rewarding experience I have ever had. Not in the form of trophies and bragging rights, but in the form of enthusiasm, excitement and dedication of the fans and crewmembers. It’s been a magical life experience, which I’ve been very fortunate to be a part of. We, as a team, will do whatever it takes to keep the dream alive. Please join us in making history and carrying on the legacy of the World’s Fastest Motor Sport!

Thank you for making it possible,

Thom Richard