Loop won't run?

I'm making a boat racing game. It starts off with a lobby, countdown, and yes or no for participation. If the player says yes, they will be teleported into a boat when the time transpires.

Everything is working until I want the race to end. The value for Reset turned to 1, but the timer does not reset and the player does not get teleported.

No output is showing.

Script 1-

local Yes = script.Parent.Yes
local No = script.Parent.No
local Timer = script.Parent.Timer
local Info = script.Parent.Info

local variable = Instance.new("NumberValue",game.Players.LocalPlayer) 
	  variable.Name = "Participate"

function Participating() -- Participating feature inside of player
    Yes.Visible = false
    No.Visible = false
    game.Players.LocalPlayer.Participate.Value = 1 -- Makes Yes/No invisible
end
Yes.MouseButton1Down:connect(Participating)

function Participating()
    Yes.Visible = false
    No.Visible = false
    game.Players.LocalPlayer.Participate.Value = 0 -- Makes Yes/No invisible
end
No.MouseButton1Down:connect(Participating)

if game.Players.LocalPlayer.Parent == game.Players then
wait(1)
print("Found Players")
while game.Players.LocalPlayer.Participate.Value == 0 and game.Workspace.Race.Value == 0 do
    		wait(0.05)
	        Info.Text = "You are spectating the next race." -- If player said no they are told this
    	end
	end

while game.Players.LocalPlayer.Participate.Value == 1 and game.Workspace.Race.Value == 0 do -- If player said yes they are told this
	wait(0.05)
	Info.Text = "You are participating in the next race!"

Script 2:

function reset() -- Timer
local time = 60 
for i = 1, 60 do
wait()
time = time - 1 
script.Parent.Text = tostring(time) 
end
game.Workspace.Start.Value = 1
game.Workspace.Race.Value = 1 -- When time runs out activate race/start values.
end

while game.Workspace.Race.Value == 0 do -- Start of Game
	wait(0.05)
		reset()
		game.StarterGui.ScreenGui.No.Visible = true
		game.StarterGui.ScreenGui.Yes.Visible = true
	end

while game.Workspace.Start.Value == 1 do -- Start of Race
	wait(0.05)
		game.StarterGui.ScreenGui.No.Visible = false
		game.StarterGui.ScreenGui.Yes.Visible = false
		script.Parent.Parent.Info.Text = "Race in progress.."
		for i, player in pairs(game.Players:GetChildren()) do
   		local Character = player.Character
		if player.Participate.Value == 1 then
   	    Character:MoveTo(game.Workspace.JetSki.VehicleSeat.Position) --The player will teleport
   	    print("Teleported Players")
		game.Workspace.Start.Value = 0
		game.Workspace.Race.Value = 1
		end
	end
end

while game.Workspace.Reset.Value == 1 do -- End of Race
	wait(0.05)
	    for i, player in pairs(game.Players:GetChildren()) do
    	local Character = player.Character
		Character:MoveTo(game.Workspace.Lobby.Position)
		reset()
		game.StarterGui.ScreenGui.No.Visible = true
		game.StarterGui.ScreenGui.Yes.Visible = true
		game.Workspace.Reset.Value = 0
		end
	end