FanZ doesn't have an underwriter for the offering. Navigating the insular racing world won't be easy. Competition for sponsors is fierce. Lacking a known driver makes wooing corporate support even harder. Beyond that, starting a race team requires deep pockets.
Sponsors demand lower rates for taking a chance on an unknown quantity.
Rookie mistakes, the curse of all new entries in the sport, can be costly. And it's subject to the competition life cycle in terms of success. I guess what I would say is, I wish them luck. The company plans at least two teams its first year and as many as five overall, depending on the offering's success. It hopes to begin racing late this season or early next year.