You will likely run into all kinds of problems. Model Inheritance is
currently not supported in Django. There has been discussions and
proposals on the topic so I suspect that it will be available at some
point. See here:
http://code.djangoproject.com/wiki/ModelInheritance
Michael Trier
blog.michaeltrier.com
Also you may try to use multiple inheritance, which has worked for me for
extending models, i.e.
class YourModel(YourOtherModel,models.Model):
Not sure if it will work for your purpose, but give it a try!