This Dude Figured It Out (3 Viewers)
- Thread starter chop
- Start date
The presentation may not have been great, but he is not off the mark. Darana does a lot of business with Musk and Amazon. The AI industry — including xAI — wants data centers. Amazon is building distribution centers. Politically, drag strips are not the most popular use of land. Distribution and data centers create more full-time jobs than data centers.
Owing land that could be easily cleared and used to build either one is not a bad thing.
Owing land that could be easily cleared and used to build either one is not a bad thing.
Is he buying up all the tracks and rebuilding them because he thinks he is the one person who can turn a dragstrip into a thriving, very profitable business?
We have not seen anything "rebuilt" yet.
A drag strip GM once told me that the biggest determinant of whether or not a drag strip continues to operate is whether the or not the land is worth more than the drag racing business. IHRA can operate these drag strips and wait until there is a need for the land they sit on.
luxexpress
Nitro Member
- Jul 15, 2006
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I suppose it's pretty dumb to put a ton of money into the closed dragstrips he bought then. Just let Memphis, Kansas, and Atlanta sit until this grand plan comes through.
mick
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- Jul 14, 2006
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post #12 in 'when is cookie jar going to crumble' thread. i hit on this without stating it. this theory is widespread and been around way
before this dude's video. you can't deny the basic premise. that being said, right now we are all enjoying a cash infusion into the sport we all love.
i wish the ihra all the success in the world with their rejuvenated sanctioning body.
before this dude's video. you can't deny the basic premise. that being said, right now we are all enjoying a cash infusion into the sport we all love.
i wish the ihra all the success in the world with their rejuvenated sanctioning body.
ironpony
Nitro Member
- Apr 1, 2016
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I have said it multiple times also. He is a business man, he is buying assets that may make money, if they do not they will sell for more than he acquired them for.
He has XX dollars allotted to buy, rehab and run drag strips for 10 years. If it is a profitable business model he may continue to run them. If they are not making money in 10 years he sells them all off at a large profit.
He has XX dollars allotted to buy, rehab and run drag strips for 10 years. If it is a profitable business model he may continue to run them. If they are not making money in 10 years he sells them all off at a large profit.
- Jul 6, 2008
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Link?
ironpony
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- Apr 1, 2016
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here have been several articles that have stated the IHRA is fully funded for ten years with zero income.
Is there any source for that statement? I've seen it repeated several times, but never by a source in a position to know.
sfw1960
Nitro Member
- May 19, 2025
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There's multiple places on the web where tidbits are mentioned, and you could spend time researching it Jim.
I don't think it's a ghost chase either, this one example should prove to be provocative if you follow it around the web for more info.
willowbank-raceway-ihra-commit-to-10-year-sanctioning-extension
I don't think it's a ghost chase either, this one example should prove to be provocative if you follow it around the web for more info.
willowbank-raceway-ihra-commit-to-10-year-sanctioning-extension
Joe
Nitro Member
- Mar 14, 2022
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Paint is very eye catching, shows well with IHRA camera work. Very clean.
Multiple places on the web with tidbits are not authoritative sources. The closest I can find is this statement from Scott Woodruff: “Funding is not our issue. It's got to be the right people in the right place.” I have yet to see a 10-year financial commitment attributed to anyone in IHRA.
There is nothing in that story about IHRA's financial commitment.
