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Copyright (c) 2009 by Slot Car Corner L.L.C. - All Rights Reserved.
Disclaimer
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Introduction
The following article was written by Rich Dumas. Rich is a member of the Shoreline Model Raceways club in southern Connecticut (United States) and a frequent contributor to many of the online slot car forums. Slot Car Corner would like to thank Rich for writing and sharing this article.
Having an adjustable voltage regulator for each lane lets you tune the lanes for equal lap times and to tame those overpowered cars. An added bonus is that it also adds voltage regulation if your power supply does not have it. This article describes how to fabricate your own adjustable voltage regulator including a list of parts required.
Description
At the heart of this project is a LM 338T voltage regulator. The LM 338 has an internal current limiting circuit to keep the current to a maximum of 5 amps. For most 1/32 slot car racing applications, 5 amps should be sufficient (particularly if you plan to provide a separate voltage regulator for each lane of your track). A regulator with greater capacity could be used or two LM 338s could be wired in parallel to increase the current capacity. The maximum input voltage is 40 volts. Other key points to note about the adjustable voltage regulator are listed below.
Parts List
All of the parts except for the LM 338T and the 1µF capacitor are available from Radio Shack. Radio Shack part numbers are shown in parenthesis. The 5K ohm potentiometer is not the perfect value, but it is easy to find at a reasonable price. The two (2) resistors were chosen to work well with input voltages ranging from 10 - 12 VDC.

Top row: 5 K ohm potentiometer, heat sink
Bottom row: resistors, 0.1µF capacitor, 1µF polarized capacitor, LM 338T
Design and Fabrication Notes
A circuit diagram for the adjustable voltage regulator is shown below. As you review the circuit diagram, please note the following:

Here is a picture of the completed adjustable voltage regulator.

Further Enhancements
Several additional enhancements can be easily incorporated into the adjustable voltage regular shown in this article. Here are a couple of examples:
Summary
While it is possible to fabricate an adjustable voltage regulator using diodes and a rotary switch, the design above is much more robust and offers a far greater range of adjustment. If you are comfortable with a soldering item, this is not a difficult project. The completed adjustable voltage regulator can add a great deal of flexibility to any slot car layout. Here are just a few examples: