Indiana Open Wheel - View Single Post

Charles Nungester · 6/17/19, 9:04 AM

So basically every team that doesn't win loses 200k.
The team that wins gets the track for 200k
And Chuck gets a minimum of 3.6 million for the track.

Sounds Legit.

My personal feelings on it. The man put a ton of money into the track, paid some big money and in a world of teams wanting more $$$ to run for. He got the shaft. Not necessaraly by the racers that be, But the people and orgs that pull the strings. NO WOO, NO LOLMDS, NO ALL Stars,

Same Scenerio is playing out at Mansfield now. It's a great track. Putting up lots of $$ and can't get the names or sanctions. or even good dates.

Fact of the mater is, There are a hundred tracks out there for sale or lease. You have to have some long term capital and work with em and not against em before you'll ever be able to build into profit making track.

Chuck wants to make his $$ back, he needs to lease it on a percentage basis and invest what he gets in, May take decades but it is, what it is.

My question is, If Mansfield don't renew for next year, Does Lawrenceburg get it's LOLMDs Date back?

6/17/19, 9:04 AM	#8 Re: Huset's/Badlands
Charles Nungester Senior Member Race Count This Year: 6 Race Count Last Year: 14 Join Date: Jul 2007 Posts: 21,203	So basically every team that doesn't win loses 200k. The team that wins gets the track for 200k And Chuck gets a minimum of 3.6 million for the track. Sounds Legit. My personal feelings on it. The man put a ton of money into the track, paid some big money and in a world of teams wanting more $$$ to run for. He got the shaft. Not necessaraly by the racers that be, But the people and orgs that pull the strings. NO WOO, NO LOLMDS, NO ALL Stars, Same Scenerio is playing out at Mansfield now. It's a great track. Putting up lots of $$ and can't get the names or sanctions. or even good dates. Fact of the mater is, There are a hundred tracks out there for sale or lease. You have to have some long term capital and work with em and not against em before you'll ever be able to build into profit making track. Chuck wants to make his $$ back, he needs to lease it on a percentage basis and invest what he gets in, May take decades but it is, what it is. My question is, If Mansfield don't renew for next year, Does Lawrenceburg get it's LOLMDs Date back? __________________ Charles Nungester _________________________________________________ Last edited by Charles Nungester; 6/17/19 at 9:05 AM.