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Topic: A race to own Husets??? Email this topic to a friend | Subscribe to this TopicReport this Topic to Moderator
Page 6 of 11   of  217 replies
revjimk
June 27, 2019 at 03:12:23 PM
Joined: 09/14/2010
Posts: 7645
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Posted By: Hellofit on June 27 2019 at 11:23:50 AM

Indianapolis 500 teams spend a lot more than $2.6 million (which the winner received) to race the 500.

A lot of the Sprint car teams in the A Feature at the Knoxville Nationals spend a lot more than $150,000  to  win a $150,000.(I think that what it pays to win.)

I know they are both Prestigious races  for any driver to win.  Spending $200 thousand for a chance for $3.6 million seems to me like the biggest winning paycheck ever for a sprint car team, and would equal any Knoxville national win.  

Some on else on this post mentioned about why a group of investors wouldn’t pursue partnership in a deal to win the race.  Great Idea in my  eyes.  The winner wins the race and pays all contractual partners back the 200 G’s. Or why hasn’t WRG, Kville and Quiring partnered up for it.  Is WRG still that financially broke.  Does Kville or Quiring really even want Hust’s open. Kville barely gets 24 cars on a regular night and Jacksonville  barely has any weekly 410 shows.  Could be bad for Buisness in their eyes.

Brennan’s dangling the carrot  and kind of rubbing it in the sprint card worlds face all at the same time by doing this.  Is what he’s doing wrong by not just selling it at close to appraised value. Yes.  Is Brennan offering a chance for somebody to win the biggest ever paying sprint race.  Yes.  Either way you look at it, the race happens or it sits empy forever. 

 

 



I doubt if they spend $150,000 on that one event

But what do I know? wink



revjimk
June 27, 2019 at 03:13:40 PM
Joined: 09/14/2010
Posts: 7645
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Posted By: theedge21 on June 24 2019 at 04:31:33 PM

LOL if you think David Gravel and the JJR team have 200K sitting around to try this.   Same with Gio Scelzi.  Robert Bell?   Isn't he the one who comes to the USAC races on an open trailer?



Good  point about Robert Bell. I seem to recall people contributing on HH to buy him a tire for Knoxville



Murphy
June 27, 2019 at 03:29:26 PM
Joined: 05/26/2005
Posts: 3329
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Posted By: RHC on June 27 2019 at 02:47:25 PM

"ps. Jackson Motorplex is 90 miles east of Husets Speedway in Jackson, Minnesota. Jacksonville is somewhere in Illinois, I think?

Chucky probably thinks that Jacksonville is in Minnesota, just like he thought that Knoxville raceway was in Knoxville Tennessee. When he had one of his press conferences 4 years ago.



   If I hear Jacksonville mentioned one my time I'm going to puke.




RodinCanada
MyWebsite
June 27, 2019 at 09:33:50 PM
Joined: 07/24/2016
Posts: 1731
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Just a defence for those  confused by all the Jack.( add your own ending).... s in the USA. It doesn't help that every state has four.


Even though I may not know you, I 
care what most of you think!

SDDTRF67
June 27, 2019 at 09:57:35 PM
Joined: 04/21/2015
Posts: 128
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Jacksonville is one of my favorite Johnny Cash tunes.


"Gimme fuel, Gimme fire, Gimme that which I desire!"

SDDTRF67
June 27, 2019 at 09:59:16 PM
Joined: 04/21/2015
Posts: 128
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Wished I was at the Jacksonville Nationals right now.


"Gimme fuel, Gimme fire, Gimme that which I desire!"


ThePurple73
June 28, 2019 at 12:08:50 PM
Joined: 08/04/2010
Posts: 275
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This message was edited on June 28, 2019 at 12:10:45 PM by ThePurple73
Reply to:
Posted By: Hellofit on June 27 2019 at 11:23:50 AM

Indianapolis 500 teams spend a lot more than $2.6 million (which the winner received) to race the 500.

A lot of the Sprint car teams in the A Feature at the Knoxville Nationals spend a lot more than $150,000  to  win a $150,000.(I think that what it pays to win.)

I know they are both Prestigious races  for any driver to win.  Spending $200 thousand for a chance for $3.6 million seems to me like the biggest winning paycheck ever for a sprint car team, and would equal any Knoxville national win.  

Some on else on this post mentioned about why a group of investors wouldn’t pursue partnership in a deal to win the race.  Great Idea in my  eyes.  The winner wins the race and pays all contractual partners back the 200 G’s. Or why hasn’t WRG, Kville and Quiring partnered up for it.  Is WRG still that financially broke.  Does Kville or Quiring really even want Hust’s open. Kville barely gets 24 cars on a regular night and Jacksonville  barely has any weekly 410 shows.  Could be bad for Buisness in their eyes.

Brennan’s dangling the carrot  and kind of rubbing it in the sprint card worlds face all at the same time by doing this.  Is what he’s doing wrong by not just selling it at close to appraised value. Yes.  Is Brennan offering a chance for somebody to win the biggest ever paying sprint race.  Yes.  Either way you look at it, the race happens or it sits empy forever. 

 

 



The Indianapolis 500 and Knoxville Nationals are real races. 

Comparing the Knoxville operation/success and a defunct race track in rural South Dakota is ludicrous.



Murphy
July 01, 2019 at 02:39:13 PM
Joined: 05/26/2005
Posts: 3329
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Posted By: on at


      In an effort to be positive, I'd have to say, looking at the photo it looks like Chuck has lost some weight. Good for him. That's not an easy thing for most people to do.

     Then I read the article and it started off with the wild numbers about how much money he has ivested and blah blah blah whatever.



Sonicman1
July 01, 2019 at 03:49:08 PM
Joined: 05/30/2016
Posts: 200
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I dont understand why he spent money putting the name "husets" back on everything when he wants to have a race to give it away to the winner.  If it were me and my money, sorry, but Husets had its day.  The name is mostly irrelevant.  I'd name it after the town. Brandon Speedway or Raceway. 




Murphy
July 01, 2019 at 04:04:32 PM
Joined: 05/26/2005
Posts: 3329
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Posted By: Sonicman1 on July 01 2019 at 03:49:08 PM

I dont understand why he spent money putting the name "husets" back on everything when he wants to have a race to give it away to the winner.  If it were me and my money, sorry, but Husets had its day.  The name is mostly irrelevant.  I'd name it after the town. Brandon Speedway or Raceway. 



Or Dollar Loan Center Speedway?

(Sorry man, the devil made me do it!)

The Husets name has some brand recognition and therefore some perceived value to it; the Badlands name, not so much.



egras
July 01, 2019 at 05:39:29 PM
Joined: 08/16/2009
Posts: 3994
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Reply to:
Posted By: Hellofit on June 27 2019 at 11:23:50 AM

Indianapolis 500 teams spend a lot more than $2.6 million (which the winner received) to race the 500.

A lot of the Sprint car teams in the A Feature at the Knoxville Nationals spend a lot more than $150,000  to  win a $150,000.(I think that what it pays to win.)

I know they are both Prestigious races  for any driver to win.  Spending $200 thousand for a chance for $3.6 million seems to me like the biggest winning paycheck ever for a sprint car team, and would equal any Knoxville national win.  

Some on else on this post mentioned about why a group of investors wouldn’t pursue partnership in a deal to win the race.  Great Idea in my  eyes.  The winner wins the race and pays all contractual partners back the 200 G’s. Or why hasn’t WRG, Kville and Quiring partnered up for it.  Is WRG still that financially broke.  Does Kville or Quiring really even want Hust’s open. Kville barely gets 24 cars on a regular night and Jacksonville  barely has any weekly 410 shows.  Could be bad for Buisness in their eyes.

Brennan’s dangling the carrot  and kind of rubbing it in the sprint card worlds face all at the same time by doing this.  Is what he’s doing wrong by not just selling it at close to appraised value. Yes.  Is Brennan offering a chance for somebody to win the biggest ever paying sprint race.  Yes.  Either way you look at it, the race happens or it sits empy forever. 

 

 



Just to help clear up:

Indy 500 teams spend their sponsor's money to win the $2.6 million.  Turning their car into a 200 mph billboard on national TV pays the bills (in most cases) and prize money pays the driver and team (in many cases) as they receive a percentage of the winnings.  

The top teams spend sponsor's money to win the Knoxville Nationals as well.  That's why you constantly hear from drivers "we were able to secure a deal and put this team together" or "thanks to (insert sponsor here) for stepping up and getting us on the track."   

Daytona works the same way.  Spend multiple millions to make a million.  However, sponsors are footing the multiple millions so they can go after the million.  

 

You will drive yourself insane trying to figure out the math if you think the elite teams are paying their bills on prize money and tow dollars. 



JonR
July 01, 2019 at 07:17:21 PM
Joined: 05/28/2008
Posts: 872
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So, where is the tipping point?  I realize that $200k is a huge number, but the oppurtunity to win $3.6 million is also huge.   I really don't think anyone racing is looking at the track.   I think that they are looking at a huge payday.   There was a line in the movie Casino that roughly said,  "Rich people don't look at it as losing thier money, they look at it as the ability to win your money."  

The people who entered are not thinking about the $200K,  they are thinking on how to spend $3.6 million.   At some point, there is a tipping point where the people on the fence see everyone else doing this and they decide to join.   I really think if they get to 9 or 10 entrants that the rest will come together.  

Finally, a disclaimer.   $200k is a huge number to me.   I would never enter this race and I still think that Chuck is a fool.   I also think like many on this board have stated that it may backfire on Chuck.   He has posted $4 million in purse, but if only 18 enter it he will only have $3.6 million in revenue.   It would be humours for this race to happen, Chuck lose $400K and still own the track.   




oswald
July 01, 2019 at 11:01:07 PM
Joined: 11/30/2004
Posts: 1997
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Posted By: JonR on July 01 2019 at 07:17:21 PM

So, where is the tipping point?  I realize that $200k is a huge number, but the oppurtunity to win $3.6 million is also huge.   I really don't think anyone racing is looking at the track.   I think that they are looking at a huge payday.   There was a line in the movie Casino that roughly said,  "Rich people don't look at it as losing thier money, they look at it as the ability to win your money."  

The people who entered are not thinking about the $200K,  they are thinking on how to spend $3.6 million.   At some point, there is a tipping point where the people on the fence see everyone else doing this and they decide to join.   I really think if they get to 9 or 10 entrants that the rest will come together.  

Finally, a disclaimer.   $200k is a huge number to me.   I would never enter this race and I still think that Chuck is a fool.   I also think like many on this board have stated that it may backfire on Chuck.   He has posted $4 million in purse, but if only 18 enter it he will only have $3.6 million in revenue.   It would be humours for this race to happen, Chuck lose $400K and still own the track.   



i don't put much stock in movie quotes. i think everyone who enters will make their decision based on whether they can afford to lose $200,000 and keep doing what they love....RACING.



egras
July 02, 2019 at 08:16:49 AM
Joined: 08/16/2009
Posts: 3994
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Reply to:
Posted By: JonR on July 01 2019 at 07:17:21 PM

So, where is the tipping point?  I realize that $200k is a huge number, but the oppurtunity to win $3.6 million is also huge.   I really don't think anyone racing is looking at the track.   I think that they are looking at a huge payday.   There was a line in the movie Casino that roughly said,  "Rich people don't look at it as losing thier money, they look at it as the ability to win your money."  

The people who entered are not thinking about the $200K,  they are thinking on how to spend $3.6 million.   At some point, there is a tipping point where the people on the fence see everyone else doing this and they decide to join.   I really think if they get to 9 or 10 entrants that the rest will come together.  

Finally, a disclaimer.   $200k is a huge number to me.   I would never enter this race and I still think that Chuck is a fool.   I also think like many on this board have stated that it may backfire on Chuck.   He has posted $4 million in purse, but if only 18 enter it he will only have $3.6 million in revenue.   It would be humours for this race to happen, Chuck lose $400K and still own the track.   



I don't know if there is a tipping point for $200,000.  If you put me in a raffle to win a billion dollars and it cost me $200,000, and you only sold 4 tickets, I wouldn't do it!  It took me a long time to accumulate $200,000 and even though I may have it, I am sure not willing to part with it.  So, for me, I agree with you at the bottom of your statement.  I would never enter this race based on odds.  I want to retire some day!!!!  wink

 

However, If I had millions upon millions, I just might.  I don't know if the odds are playing into this at all.  Either have, and be comfortable with parting with $200,000.  Or, not comfortable with parting with $200,000.  That is really the only question anyone will have.  

 

Another twist:  Stu Unger once entered the World Series of Poker in the last minute with someone else investing the money in him with a deal to split his winnings.  He won the million dollars and the investor won $500,000.  Teams that may not have $200,000 to throw around, but may have a driver capable of winning this thing (JJR and Gravel for example) may possible seek out, and secure an "investor."  Think of the financial gain for a team like JJR or Shark Racing if they were able to win, and split a 3.6 million dollar prize with an investor.  



newbeevur
July 02, 2019 at 09:32:52 AM
Joined: 12/03/2004
Posts: 483
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Welp this is like 6 weeks out is it actually gonna happen?

I'll say the odds are a little less then 50/50...


The worst president of my lifetime:
Ronald Reagan


Nick14
July 02, 2019 at 09:56:30 AM
Joined: 06/04/2012
Posts: 1744
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Here is something that I got to thinking about when I saw some of the lists that people were making & thinking about all of the people who have the money to enter this race. I agree with others who have put Tony (Schatz), Kasey (Sweet/ Mcfadden), Kyle (even in the 57car), and even Keith Kunz or Swindell if Bell pays the $200k, etc. With that said, wouldn't some of those owners chase of others?? I don't know about anyone else but when I see the 15, 49, 57, 67, 39 cars in the field then the odds are good that they can win that race. The only saving grace is that in all other races owners are not spending $200k per race & getting some return after the race is over in the form of sponsorship & some winnings.

This race, you pay $200k and you finish 2nd you get nothing. You lose $200k, use up your equipment, risk trashing your equipment. That's why as some have said there might be owners that have $200 to spend on sprint car racing but not $200k to lose in 1 night. If I was someone like a Roth, maybe even Ruetzel/Baughman, Destiny, etc that may have the money, you are really risking handing someone $200k for nothing. 



JonR
July 02, 2019 at 11:13:27 AM
Joined: 05/28/2008
Posts: 872
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Reply to:
Posted By: Nick14 on July 02 2019 at 09:56:30 AM

Here is something that I got to thinking about when I saw some of the lists that people were making & thinking about all of the people who have the money to enter this race. I agree with others who have put Tony (Schatz), Kasey (Sweet/ Mcfadden), Kyle (even in the 57car), and even Keith Kunz or Swindell if Bell pays the $200k, etc. With that said, wouldn't some of those owners chase of others?? I don't know about anyone else but when I see the 15, 49, 57, 67, 39 cars in the field then the odds are good that they can win that race. The only saving grace is that in all other races owners are not spending $200k per race & getting some return after the race is over in the form of sponsorship & some winnings.

This race, you pay $200k and you finish 2nd you get nothing. You lose $200k, use up your equipment, risk trashing your equipment. That's why as some have said there might be owners that have $200 to spend on sprint car racing but not $200k to lose in 1 night. If I was someone like a Roth, maybe even Ruetzel/Baughman, Destiny, etc that may have the money, you are really risking handing someone $200k for nothing. 



You keep forgetting that if you win, you get $3.6 million in cash.   You can buy a lot of right rears for $3.6 million. 



egras
July 02, 2019 at 11:16:47 AM
Joined: 08/16/2009
Posts: 3994
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Posted By: newbeevur on July 02 2019 at 09:32:52 AM

Welp this is like 6 weeks out is it actually gonna happen?

I'll say the odds are a little less then 50/50...



My first thought was, "this has about a 5% chance of going."  Now, I am with you-----I would say right around, or a little less than 50/50 if I were forced to put odds on it for Vegas. 




Nick14
July 02, 2019 at 11:41:44 AM
Joined: 06/04/2012
Posts: 1744
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Posted By: JonR on July 02 2019 at 11:13:27 AM

You keep forgetting that if you win, you get $3.6 million in cash.   You can buy a lot of right rears for $3.6 million. 



I know & understand about $3.6million. However it is the risk of losing $200k for nothing to show for it. And the risk goes up even more depending on who is in the race. 

For the lottery if I pay a couple bucks to get $100+ million it's only two bucks I lose if I don't win. $200k however & you have 17 others at least plus 1-3 that can really give you a run? I think that would chase some away



SDDTRF67
July 02, 2019 at 11:54:11 AM
Joined: 04/21/2015
Posts: 128
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I'd put my money on elephants flying first. 


"Gimme fuel, Gimme fire, Gimme that which I desire!"



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