An apparatus facilitating packing of a racecar parachute using a pilot chute launcher, the apparatus comprised of a slotted metal plate, a pair of notched tabs, and a pair of extensions selected to removably couple with the notched tabs and the plate. In use, the notched tabs, notched sides facing away from one another, are positioned and affixed to opposing sides of a parachute bag bottom plate. The parachute and pilot chute launcher are packed into the parachute bag. The extensions are inserted into opposing slots on the plate, and by engaging the extensions with the notched tabs, the pilot chute launcher is compressed. A top and a bottom flap of the parachute bag is secured over the plate in a usual fashion. The extensions and the plate are sequentially removed, and the parachute is continued to be packed in the usual fashion.