IHRA cancels some 2026 events (3 Viewers)

[James]

Joe, Richard had no plans of bringing back IHRA

Sooo, what were the plans then? Why buy it?

 

[mgty3whlr]

To turn the land into Pot farms for his other business. LOL

 

[ironpony]

Sooo, what were the plans then? Why buy it?

If you buy the competition they are no longer the competition

 

[sfw1960]

To turn the land into Pot farms for his other business. LOL

Better than data centers!

 

[Butch]

Joe, Richard had no plans of bringing back IHRA

I'd say the name is gonna be associated with a not so stellar organization.

Kinda like if you bought Ford, would you name a new car line EDSEL?

 

[Mike]

James, that would a question for Richard Freeman.

 

[Under_Pressure]

Isn't Freeman kind of a wheeler-dealer when it comes to all things drag racing? I'm thinking he's the kind of guy that, when presented with an opportunity to buy something like this, is interested to the extent he can acquire the hard assets and flip them. Trucks, trailers, support equipment, etc. would all be stuff he could put a value on. From what I've seen, real estate isn't included in what Cuttell is trying to sell with this deal.

I'm sure Freeman's offer was a fraction of what was rumored to be asked- obviously Cuttell would try to spin this as being an entire turn-key, high-level racing organization, a valuable brand worth far more than the sum of its parts. Freeman, on the other hand, would be looking to pay something less than the retail value of the physical assets so he could make some money, and probably essentially nothing for the IHRA name, IP, and reputation (lol). I would guess if the deal had worked out, Freeman would have been willing to sell the IHRA name if someone wanted to pick it up and try yet again to resurrect it.

 

[Rasn1320]

Contractor says Musk companies owe him $600M for Memphis-area data center work

The CEO of an Ohio-based construction company says Elon Musk’s companies owe him hundreds of millions of dollars for work on his Memphis-area data centers.

www.actionnews5.com

Says he may sell some ihra properties to pay his own bills

 

[Billy]

CUTTELL CONFIRMS MEMPHIS MOTORSPORTS PARK PROJECT ON HOLD; PROPERTIES COULD BE SOLD | Competition Plus

The financial dispute Darrell Cuttell says stems from unpaid work on Elon Musk-affiliated data center projects is now reaching into the drag racing world.

competitionplus.com

 

[Paul]

Just saw that Larry Morgan is out.

 

[Custom Body Fan]

Just saw that Larry Morgan is out.

He lasted a long time by IHRA standards.

 

[ironpony]

Was out and about today seemed to be a lot more IHRA vehicles around than normal. I live a mile or so from National Trail and see a couple here and there in town, more than usual today.

 

[sfw1960]

Just saw that Larry Morgan is out.

Larry is a good man.
Please elaborate.
Do you have a link to an article or something Paul?

 

[Ponyhntr]

Larry is a good man.
Please elaborate.
Do you have a link to an article or something Paul?

No links, but I can confirm.

 

[sfw1960]

Josh,
I wasn't really looking for confirmation but more of the deets.
Appreciate it though!
Typical family treatment is what I suspect.
My PM box is always open...

 

[Ponyhntr]

Josh,
I wasn't really looking for confirmation but more of the deets.
Appreciate it though!
Typical family treatment is what I suspect.
My PM box is always open...

Not much to share. Other than the track managers, Foley Jr. is the only one left from the drag racing side of things.