Last updated: 5/1/2026

1. Promoter

1.1 The promoter of this competition is Big Trading Limited, trading as Pitstop Prizes (“the Promoter”).
1.2 The Pitstop Paperclip Challenge is a collaborative project led by Steven Cole in partnership with Pitstop Prizes.
1.3 The competition is operated and administered by Pitstop Prizes in accordance with UK law.

2. Eligibility

2.1 The competition is open to UK residents only.
2.2 Entrants must be 18 years of age or over at the time of entry.
2.3 Employees of the Promoter, their immediate families, or anyone professionally connected with this competition may enter unless otherwise stated.
2.4 Proof of age and residency may be required prior to prize fulfilment.

3. Competition Overview & Duration

3.1 The Pitstop Paperclip Challenge is a long-term competition running alongside a live trade-up challenge.
3.2 The trade-up challenge begins with a single paperclip and involves trading up to higher-value items over time.
3.3 The final traded item, whatever it may be at the end of the challenge, will become the main prize of the competition.
3.4 The final prize is unknown at the time of entry and will be revealed once the final trade is completed.
3.5 The Pitstop Paperclip Challenge and the associated competition will close on 28 December 2026 at 8:30pm (UK time). No entries will be accepted after this time.
3.6 The final winner will be selected in a live draw on 28 December 2026, which will be the Promoter’s final live draw of the year. The draw will take place at or shortly after 8:30pm (UK time) and will be broadcast on an official Pitstop Prizes social media channel.

4. Guaranteed Cash Prize

4.1 In the event that the trade-up challenge does not result in a suitable higher-value final item, or if the Promoter reasonably determines that the final traded item is not appropriate to be awarded as the main prize, a guaranteed cash prize of £5,000 will be awarded instead.
4.2 The guaranteed £5,000 cash prize ensures that a minimum prize value is always available to be won.
4.3 The Promoter reserves the right to award either the final traded item or the £5,000 cash prize, acting reasonably and in good faith.

5. Charity Donation

5.1 100% of profits generated from this competition will be donated to charity.
5.2 The selected charity or charities will be announced during the course of the challenge. In addition, the winner of the competition will be given the opportunity to nominate a charity to receive a portion of the total profits, subject to the Promoter’s approval and applicable charity eligibility requirements.
5.3 For the purposes of this competition, “Profits” are defined as the net proceeds remaining after the deduction of unavoidable transaction fees, payment processing costs, and any other reasonable costs directly related to the creation, operation, promotion, and administration of the Pitstop Paperclip Challenge. Such costs may include, but are not limited to, travel, accommodation, marketing, content production, logistics, shipping, and associated operational expenses.
5.4 The Promoter will make reasonable efforts to publicly confirm the donation once completed.

6. How to Enter

6.1 Entries can be purchased via the official Pitstop Prizes website.
6.2 Entries may be purchased at any point during the competition period.
6.3 All valid entries will be included in the final draw, regardless of when they were purchased.
6.4 No refunds will be given once an entry has been successfully submitted, except where required by law.

7. Trade-Up Challenge (Non-Entry Participation)

7.1 No purchase is required to offer a trade as part of the trade-up challenge.
7.2 Trade offers may be submitted via direct message or other channels specified by the Promoter.
7.3 The Promoter has absolute discretion over:

which trades are accepted

which items are rejected

the timing and manner of trade announcements
7.4 Preferred trades are motorsport-themed, including (but not limited to):

merchandise

models

signed items

memorabilia

experiences
7.5 All accepted trades are final and non-reversible.
7.6 The Promoter reserves the right to decline any trade for any reason.

8. Prize Details

8.1 The final prize will be either:

the final traded item obtained through the trade-up challenge, or

the guaranteed £5,000 cash prize.
8.2 The prize is non-transferable and non-exchangeable, unless otherwise stated.
8.3 If the final prize includes physical items and delivery becomes impossible, reasonable alternatives (including cash or site credit) may be offered at the Promoter’s discretion.

9. Winner Selection & Notification

9.1 One winner will be selected at random from all valid entries.
9.2 The draw will take place live as described in Clause 3.6.
9.3 The winner will be contacted using the details provided at entry.
9.4 If the winner cannot be contacted within a reasonable timeframe, the Promoter reserves the right to redraw.

10. Publicity

10.1 By entering, the winner agrees to participate in reasonable publicity, including photos or videos, unless they request otherwise in writing.
10.2 The winner’s first name, surname initial, and winning ticket number may be published for transparency and verification purposes. Full surnames will not be published unless the winner has provided explicit consent.

11. Liability

11.1 The Promoter is not responsible for:

lost, delayed, or corrupted entries

technical issues beyond its control

trade offers not received or accepted
11.2 Nothing in these Terms & Conditions excludes liability for death or personal injury caused by negligence or fraud.

12. General

12.1 The Promoter reserves the right to amend these Terms & Conditions where necessary, acting reasonably.
12.2 The Promoter’s decision in all matters relating to the competition is final.
12.3 This competition is governed by the laws of England and Wales.
12.4 Any disputes will be subject to the exclusive jurisdiction of the courts of England and Wales.

13. Disclaimer

13.1 This promotion is not affiliated with, endorsed by, or associated with Formula 1, the FIA, McLaren, or any other Formula One team or organisation.
13.2 All trademarks and team names are used for descriptive purposes only.