IHRA cancels some 2026 events (26 Viewers)

[jgrigz]

I no longer see the Dunn NC event on the IHRA website. Did they cancel that one too?

 

[Under_Pressure]

Getting to be lots of chatter that $#!t is getting real in the IHRA world. Cycledrag (I know, I know, take it with a grain of salt) is reporting it's official that the remaining outlaw nitro events are cancelled for starters.

 

[mick]

paul lee and salinas on list for sonoma and seattle

the densham FC is entered in sonoma (tim gibbons), seattle (gary), and BIR (j. campbell).
have always pulled for gary, going back to late 80's when i first saw him.

yikes on the ihra

 

[Paul]

Stay off social media, rumor mill is hot.

 

[Paul]

Cycledrag (I know, I know, take it with a grain of salt) is reporting it's official that the remaining outlaw nitro events are cancelled for starters.

He's the last guy I would believe.

 

[Custom Body Fan]

The newsbot above has this link https://nitromater.com/articles/ihr...ng-schedule-changes-employee-departures.2865/

We’ll see. But often if it seems to be good to be true it is. Hope that’s not the story with the “new” IHRA.

 

[mick]

here is an article on dragzine today. says about the same thing. heard a few things, nothing confirmed. news at 11.

IHRA Faces Uncertain Future with Recent Changes

Learn about the internal issues facing the IHRA, including layoffs and major changes to the Outlaw Nitro Series events.

www.dragzine.com

 

[Chili]

This sucks but not a surprise. You can’t keep hemorrhaging a million plus at each event and continue to operate. The reason NHRA doesn’t pay that much is they want to remain in existence. Sure they could squeeze the higher ups pockets and put more money into the racers pockets.

What sucks is for the racers who have spent tons of money upgrading their equipment and now have no other option than NHRA.

Also what happens to the tracks that were purchased? Not good for anyone.

 

[Jim]

Also what happens to the tracks that were purchased? Not good for anyone.

One of the questions I had months ago was who held the mortgages on the tracks. Someone here looked it up and said records show that the Korestsky family held the mortgage on Maple Grove. Would they take the track back?

I'd be more concerned if any tracks were purchased through other lenders. There's no guarantee those tracks would not be sold for other purposes.

 

[mick]

well it looks like the widely anticipated maple grove race may not happen after all. there was someone on here that posted something
about the likelihood of an ihra maple grove triple crown race was slim to none, and that was a while ago. looking like a pretty good call.

 

[GumbyWVU]

One of the questions I had months ago was who held the mortgages on the tracks. Someone here looked it up and said records show that the Korestsky family held the mortgage on Maple Grove. Would they take the track back?

I'd be more concerned if any tracks were purchased through other lenders. There's no guarantee those tracks would not be sold for other purposes.

Hmm, could the Koretsky's take that track back? If so, would NHRA bring back an event there (kinda hard to omit that huge market within a 200 mile radius)? And if NHRA brought an event back, would they do so at the expense of one of the newer additions (Michigan, Rockingham, Maryland)? Could be a very interesting situation developing.

Would be a terrible shame for people to get burned financially. Hoping things work out for IHRA and people get paid what they are owed. Failure benefit nobody and all drag racing fans could pay in many ways.

 

[ironpony]

Back when all of this started and I did some digging into the "purchases" I got the impression they were hand shake sales. Around here we would call them land contracts, if that is the case all the properties would revert back to original owners.
Memphis and Atlanta seemed to be real purchases no idea what will happen there. If he actually purchased them he does have a tangible asset to recoup some money.
If they were land contracts and revert to original owners some of the smaller venues could wind up bankrupt, disappearing unfortunately.

 

[timebombkal]

If I was Darryl and put that kind of money into the sport and all the people that Bitch there is not enough for the racers, then none show up. Then Fuckem, they don't need it

 

[yoda]

Gotta feel for the teams that went shopping with hat in hand and a promising schedule that they could compete in, who actually GOT money for a few contracted races, only to have that well dry up. Its a sure bet that ALL the money got spent, and probably just as equal a bet that some of those companies want their investment back.

I sense there will be a LOT of lawyers getting rich in the near future.
A wise man once said "the empty seat does not buy the hot dog", or something to that tune...