This Dude Figured It Out (2 Viewers)

[none]

Like most truth, it probably lies somewhere in between the overly positive and the overly negative. Maybe increased tracks and races until the land becomes too valuable (Data centers, warehouses ) then gets sold for that purpose. Landowner makes money. FYI. That has been happening forever...........

 

[Butch]

Elon Musk:

Sept. 2013: "We should be able to do 90 percent of miles driven [autonomously] within three years."

Oct. 2015: ""From a technology standpoint, Tesla will have a car that can do full autonomy in about three years, maybe a bit sooner."

April 2017" "November or December of this year, we should be able to go from a parking lot in California to a parking lot in New York, no controls touched at any point during the entire journey."

 

[Butch]

Explain the need for the Boat racing?
I don't see any connection between that and land ownership.
The one big positive thing about all the IHRA movement is, it woke up the sleeping Giant.
It seems to me that NHRA is and has to step up to the plate.
I know we me included have TORCO memories.

 

[Jim]

I know we me included have TORCO memories.

I just keep going back to "If it seems too good to be true, it probably is."

 

[Joe]

In the meantime, a lot of mid and lower funded teams are going to finally get paid for their efforts. I'm going to enjoy it and go to as many as I can......and the 2 seater is able to run at National Events....and it's 40$ a ticket...good enough for me

 

[ironpony]

I have said it a few times now, they are businessmen they are buying assets, land, which pretty much no matter what is going up in value. They buy tracks at low prices, do some renovations and race at them. chump change for the people involved. If they make money along the way great, if it is successful till he dies even better. At the end they will either sell off the land at a profit or change the business model to something else.
We the average person see tens of millions of dollars and are in awe, to the people involved it is equivalent to us spending 10K.

 

[Joe]

I have said it a few times now, they are businessmen they are buying assets, land, which pretty much no matter what is going up in value. They buy tracks at low prices, do some renovations and race at them. chump change for the people involved. If they make money along the way great, if it is successful till he dies even better. At the end they will either sell off the land at a profit or change the business model to something else.
We the average person see tens of millions of dollars and are in awe, to the people involved it is equivalent to us spending 10K.

Absolutely correct Ken. The term scared money fits a lot of people

 

[Dennis]

I have said it a few times now, they are businessmen they are buying assets, land, which pretty much no matter what is going up in value.

This is what people are missing.

On the one hand, you have NHRA stuck in a 1950's business model and on the other you have the new IHRA vertically integrating their operations. IHRA doesn't need to take a cut from tickets, hot dog sales, t-shirt sales, etc. - their cut is built in.

I'm not "team IHRA" just giving my two cents. The empty seats at the NHRA events are proof something is wrong, but nobody ever wants to address it. You have no publications to provide talking points (or even asking the question why), and those associated with the sport will give you every reason why changes can't be made. So NHRA's plan is no plan. Got it.

All this going on and NHRAs biggest news is that they're handing out silver trophies this year. That gets the butts in the seat, right?

 

[luxexpress]

Add VMP to the list of tracks purchased.

 

[sfw1960]

Rule #1 with businessmen, slow your roll, and make bank.
Everything else is background noise, so just refer to Rule #1 - I never had what it takes to be one, that's why I always worked for somebody...lol!

 

[handsome]

I'm sorry but if you think he is intentionally buying tracks for millions (vmp was 20 million) and then sinking even more millions into them to only use them for a few years and then spend more millions to bulldoze them and put up data centers, you're a special kind of stupid! How much is he spending to renovate or basically ground up rebuild Memphis and Atlanta? why not level those place now and build a data center? he could go buy undeveloped land in the same areas for a tenth of what he's putting into each track and build the data centers right away! most of you sound like democrats blaming Trump for something he hasn't done yet!

 

[Joe]

I'm sorry but if you think he is intentionally buying tracks for millions (vmp was 20 million) and then sinking even more millions into them to only use them for a few years and then spend more millions to bulldoze them and put up data centers, you're a special kind of stupid! he could go buy undeveloped land in the same areas for a tenth of what he's putting into each track and build the data centers right away! most of you sound like democrats blaming Trump for something he hasn't done yet!

Correct. What do think drives all this negativity towards IHRA?

 

[Jim]

Correct. What do think drives all this negativity towards IHRA?

We've seen this before.

 

[mgty3whlr]

We've seen this before.

I don't see you responding about the new tether design in the other post considering that you seen all of racing's failures!

 

[MHayes]

I'm sorry but if you think he is intentionally buying tracks for millions (vmp was 20 million) and then sinking even more millions into them to only use them for a few years and then spend more millions to bulldoze them and put up data centers, you're a special kind of stupid! How much is he spending to renovate or basically ground up rebuild Memphis and Atlanta? why not level those place now and build a data center? he could go buy undeveloped land in the same areas for a tenth of what he's putting into each track and build the data centers right away! most of you sound like democrats blaming Trump for something he hasn't done yet!

Careful with the political stuff, or I will delete it.

 

[Jim]

I don't see you responding about the new tether design in the other post considering that you seen all of racing's failures!

I covered IHRA for Drag Race Central and lived through the Evan Knoll fiasco and the other self-inflicted wounds that have plagued IHRA. I have also seen businesses fail because they expand too quickly or overextend their credit. I don't know a thing about tethers.

 

[Mike]

Correct. What do think drives all this negativity towards IHRA?

For starters, firing people by text message. See Scott Woodruff. Also, burning through lots of upper level staff in the past 15 months.