If it's just for a lan party, why not just rent some room somewhere (confrence halls and such) and throw a LFS lan party, it'd have to be BYOR, so might make travel for some hard, but one could probably get more people going and racing at the sametime.
That said, the idea sounds fun yo me, but I'd be at home so travel would be somewhat none (I have to goto Doncaster of Sheffield to get out of this place).