|
|
Topic: A race to own Husets???
|
Email this topic to a friend |
Subscribe to this Topic
| Report this Topic to Moderator
|
Page 8 of 11 of 217 replies
|
|
|
July 03, 2019 at
04:50:28 PM
|
|
Joined:
|
11/30/2004
|
Posts:
|
1995
|
|
|
Reply to:
Posted By: Sonicman1 on July 03 2019 at 11:22:01 AM
I honestly think this whole thing was just to keep reminding people that the track is still for sale. And what a better time to do so than the heart of racing season. Its all PR stunt....and his personal PR person who puts out these press releases for him needs to have somebody help with spelling and grammar.
I believe they only reason he came up with this plan is because he thinks a big money opertion out there will sponsor and fund all 18 drivers. This is a win for CB in that he will collect gate, concessions, and other (sponsorhips, vendors, etc). The winner gets a huge tax invoice and CB unloads the track for what it is likely worth (assessments and all).
I'd be most worried about what DOES NOT come with owning the track. I'd love to see the contract that is drawn up for the winner. I have a feeling the way it is now, that contract still has some money making portion for CB to be involved somehow in the track. Like a zero to lose everything to gain type of investment or stake.
|
Chuck says he will easily get 36 teams and hopes to walk away with over $6mil. He says it would not be smart for the winner to take the money instead of the racetrack.
|
|
|
July 03, 2019 at
06:21:53 PM
|
|
Joined:
|
08/16/2009
|
Posts:
|
3977
|
|
|
Reply to:
Posted By: Sonicman1 on July 03 2019 at 04:23:50 PM
http://www.husets.com/
Says he has 10 drivers now? 8 more to go? Am I getting too excited over something that still wont happen or is there hope? I still dont trust Chuck....but....???
My question. Could the racers/teams make side deals? That is: team up. Like for instance you could have 3-4 team owners or racers that are friendly with each other say "if one of us wins we all win" and share the track / management of track.
Or is that just way out of bounds type of thinking?
|
I believe the only way this is going to go down is with teams making side deals. Corporations of team owners making deals to own the track and payment for the winning driver(s)
|
|
|
July 04, 2019 at
12:15:48 AM
|
|
Joined:
|
02/20/2005
|
Posts:
|
487
|
|
|
Reply to:
Posted By: egras on July 03 2019 at 06:21:53 PM
I believe the only way this is going to go down is with teams making side deals. Corporations of team owners making deals to own the track and payment for the winning driver(s)
|
I don't see it happening. The thing is, the minimum amount of money it's going to take is $3.6 million. If corporations or teams or anyone else or any other group was willing to buy the place for $3.6 million, why didn't they show up at the auction where bidding started at $3 million and make a bid?
Chuck wants $3.6 million for the place. If he's really serious about this race, I wish he would've went about it a different way. I would've liked to see this event be nationally televised, super hyped up and get a million or 2 in sponsorship (if that's possible) to offset the entry fee. Then if you could get the total entry fee under $2 million maybe it would be feasible for someone or some group to put up the money for the entry fees. I don't see this race happening but hopefully I'm wrong.
|
|
|
|
July 05, 2019 at
05:43:20 PM
|
|
Joined:
|
06/14/2016
|
Posts:
|
492
|
|
|
Reply to:
Posted By: 3togo on June 22 2019 at 12:08:12 PM
#26... 17 to go
|
15 to go!
|
|
|
July 05, 2019 at
06:37:38 PM
|
|
Joined:
|
06/13/2005
|
Posts:
|
250
|
|
|
13/18ths odds..
|
|
|
July 05, 2019 at
07:00:52 PM
|
|
Joined:
|
04/21/2015
|
Posts:
|
128
|
|
|
What, another twist? More bs from the propaganda machine. Pigs will soon fly.
No one finds it strange that no ticket sales structure is in place and it's almost only a month away.
I'll take publicity stunt for 500 Alex.
"Gimme fuel, Gimme fire, Gimme that which I desire!"
|
|
|
|
July 05, 2019 at
08:24:16 PM
|
|
Joined:
|
05/21/2007
|
Posts:
|
500
|
|
|
Reply to:
Posted By: hardon on July 04 2019 at 12:15:48 AM
I don't see it happening. The thing is, the minimum amount of money it's going to take is $3.6 million. If corporations or teams or anyone else or any other group was willing to buy the place for $3.6 million, why didn't they show up at the auction where bidding started at $3 million and make a bid?
Chuck wants $3.6 million for the place. If he's really serious about this race, I wish he would've went about it a different way. I would've liked to see this event be nationally televised, super hyped up and get a million or 2 in sponsorship (if that's possible) to offset the entry fee. Then if you could get the total entry fee under $2 million maybe it would be feasible for someone or some group to put up the money for the entry fees. I don't see this race happening but hopefully I'm wrong.
|
My understanding is that the minimum qualifying starting bid was 3.2 or 3.6 but the reserve was still at 7, thats why they sat on their hands.. Doesnt make sense, I know.. but..
|
|
|
July 05, 2019 at
10:10:12 PM
|
|
Joined:
|
12/03/2004
|
Posts:
|
483
|
|
|
First item of business Chuck McGillvray has NOT retired has raced at Jackson, Park Jefferson and is at Wagner tonight.
Not sure if anyone posted it as its been a hella long day but Roth 83/Darrin Pittman is entered.
When people for whom $200,000 is pocket change like Stewart, Kahne, Stenhouse and probably a few others throw their hats in the ring they will get to double digit entries fairly quickly.
I actually think there's a decnt chance this happens, I'll say just popped over 50/50.
The worst president of my lifetime:
Ronald Reagan
|
|
|
July 05, 2019 at
10:47:41 PM
|
|
Joined:
|
02/20/2005
|
Posts:
|
487
|
|
|
Reply to:
Posted By: rpmx on July 05 2019 at 08:24:16 PM
My understanding is that the minimum qualifying starting bid was 3.2 or 3.6 but the reserve was still at 7, thats why they sat on their hands.. Doesnt make sense, I know.. but..
|
Well, I specifically remember reading that the auction was going to start at $3 million and have no reserve. However the only information I could find now said the bidding was going to start at $3.15 million and no word of the reserve. So maybe what I read was a pre-release or he changed the terms midway through? Lord knows he would never put any wrong information out there. So if there truly was a reserve that throws my theory out the window. But I still think someone would've bid at $3.15 million if they thought it was worth that.
|
|
|
|
July 06, 2019 at
07:59:14 AM
|
|
Joined:
|
06/19/2007
|
Posts:
|
445
|
|
|
So who are the 3 drivers currently signed up? I can only find one name so far - Eliason
|
|
|
July 06, 2019 at
08:26:34 AM
|
|
Joined:
|
07/24/2016
|
Posts:
|
1730
|
|
|
Eliason
Ruetzel
Pittman
There is a SEE WHO'S RACING tab on the Huset Website if you scroll down about half est on my phone.aybe different on a computer.
I was glad to see a WoO guy, thot maybe the group wouldnt allow their drivers to participate.
Even though I may not know you, I
care what most of you think!
|
|
|
July 07, 2019 at
07:33:12 PM
|
|
Joined:
|
04/21/2015
|
Posts:
|
128
|
|
|
This message was edited on
July 07, 2019 at
07:34:19 PM by SDDTRF67
Yeah so the site says this will be only event of evening, no other classes.
Obviously there would have to be at least time trials or dash to determine line-up.
I'll come back on this board and immediately say I was wrong but this thing just ain't happening.
Chuck needs to take his damn lumps and sell the track to someone for the max they're willing to pay for it and be done with the bs parade.
Oh but hey if you enter the race you get a bunch of VIP seats for friends and family. LMAO
Typical Chuck
"Gimme fuel, Gimme fire, Gimme that which I desire!"
|
|
|
|
July 07, 2019 at
07:42:15 PM
|
|
Joined:
|
07/24/2016
|
Posts:
|
1730
|
|
|
For 200000 I would expect a few passes for friends ( or the investor) cause it ain't the driver shelling out that cash.
I think this race could be done well if he took the time to get the gamblers and risk takers involved almost like a Calcutta type of thing but not sure there is enough time to get that in place.
Tough to take a cheque for 200000 and then ask for 15 more to watch.
Even though I may not know you, I
care what most of you think!
|
|
|
July 07, 2019 at
07:49:25 PM
|
|
Joined:
|
06/14/2016
|
Posts:
|
492
|
|
|
Reply to:
Posted By: SDDTRF67 on July 07 2019 at 07:33:12 PM
Yeah so the site says this will be only event of evening, no other classes.
Obviously there would have to be at least time trials or dash to determine line-up.
I'll come back on this board and immediately say I was wrong but this thing just ain't happening.
Chuck needs to take his damn lumps and sell the track to someone for the max they're willing to pay for it and be done with the bs parade.
Oh but hey if you enter the race you get a bunch of VIP seats for friends and family. LMAO
Typical Chuck
|
Plus 5 grand... funny shit, LMAO, OMG. Maybe pay attention to who are entering the race, kind of seems to be a possibility .
|
|
|
July 07, 2019 at
10:14:09 PM
|
|
Joined:
|
12/03/2004
|
Posts:
|
483
|
|
|
This message was edited on
July 07, 2019 at
10:15:18 PM by newbeevur
Just a few thoughts on this deal. I HOPE it happens and regular Sunday night racing can resume at the Midwest's best bullring. I can't imagine Brennan would change all the signs back to Husets if he wasn't planning on someone else having the track.
I think it makes a LOT of sense that the Outlaws support this deal and want this race to happen and to have WoO races in the future at a premier facility this close to the Sioux Falls market.
As far as the advance ticket thing that makes sense to me since if he doesn't meet his 18 entry requirement then he has a ton of work and headaches giving out refunds to advance ticket buyers.
About the payoff I don't see it as that big of a deal, whats the difference in finishing 8th in this deal and getting nothing or finishing 8th in a Last chance race in an Outlaw 1 day 10,000 to win race and getting $200 next to nothing.
The concept reminds me of a lot of IMCA modified shows in the 1990's (many in Texas) that saw 300 + mods running Boone for 2000 to win and had 10,000 and even 50,000 to win shows thinking they would get 400 or 500 cars paying their 300 entry fee and make a killing, it never worked as they got NOWHERE near that many cars and those races ended about as quickly as they started.
If Stewart, Larsen, Schatz etc actually race in this deal, make no mistake about it for their first race in over 2 years the place will be PACKED and in addition to 3.6 million in entries will probably make another 1+ million in ticket, concession and beer sales. To walk out of that race with close to 5 million with his tail between his legs and be done with it, it would probably be a moral victory.
The worst president of my lifetime:
Ronald Reagan
|
|
|
|
July 07, 2019 at
10:54:44 PM
|
|
Joined:
|
04/21/2015
|
Posts:
|
128
|
|
|
@newbeevur
Packed? Maybe IF the tickets are a decent price. If you pay anything more then a standard WOO show price, you're a sucker in my mind. As far as entrants, I'll believe people to be entered when the ENTRANTS confirm it. I don't believe a word that comes out of Chuck's mouth.
The guy's proven time and time again to be sketchy at best.
He did nothing but tell half truths on his whole Badlands Pawn KBAD fiasco and still owes people money from that bloodletting.
IF it happens I won't be there, but would look forward to racing there again under an owner who actually understands and appreciates dirt racing. Not some poser with money to burn who tells the sheep he actually cares.
"Gimme fuel, Gimme fire, Gimme that which I desire!"
|
|
|
July 08, 2019 at
12:20:28 AM
|
|
Joined:
|
02/20/2005
|
Posts:
|
487
|
|
|
Reply to:
Posted By: 3togo on July 07 2019 at 07:49:25 PM
Plus 5 grand... funny shit, LMAO, OMG. Maybe pay attention to who are entering the race, kind of seems to be a possibility .
|
Unless something has changed the 5 grand was given back ONLY if the race didn't happen, maybe that's changed? But if you're charging $200,000 why would you give back $5 grand.
I know you'll take this wrong and I'm not just directing this to you but everyone who thinks this is a possibility. What makes you think that? It never ceases to amaze me how many people buy into his BS. He's lied so many times, why do you think this is going to happen?
|
|
|
July 08, 2019 at
02:10:28 AM
|
|
Joined:
|
05/03/2007
|
Posts:
|
1612
|
|
|
Reply to:
Posted By: newbeevur on July 07 2019 at 10:14:09 PM
Just a few thoughts on this deal. I HOPE it happens and regular Sunday night racing can resume at the Midwest's best bullring. I can't imagine Brennan would change all the signs back to Husets if he wasn't planning on someone else having the track.
I think it makes a LOT of sense that the Outlaws support this deal and want this race to happen and to have WoO races in the future at a premier facility this close to the Sioux Falls market.
As far as the advance ticket thing that makes sense to me since if he doesn't meet his 18 entry requirement then he has a ton of work and headaches giving out refunds to advance ticket buyers.
About the payoff I don't see it as that big of a deal, whats the difference in finishing 8th in this deal and getting nothing or finishing 8th in a Last chance race in an Outlaw 1 day 10,000 to win race and getting $200 next to nothing.
The concept reminds me of a lot of IMCA modified shows in the 1990's (many in Texas) that saw 300 + mods running Boone for 2000 to win and had 10,000 and even 50,000 to win shows thinking they would get 400 or 500 cars paying their 300 entry fee and make a killing, it never worked as they got NOWHERE near that many cars and those races ended about as quickly as they started.
If Stewart, Larsen, Schatz etc actually race in this deal, make no mistake about it for their first race in over 2 years the place will be PACKED and in addition to 3.6 million in entries will probably make another 1+ million in ticket, concession and beer sales. To walk out of that race with close to 5 million with his tail between his legs and be done with it, it would probably be a moral victory.
|
I've seen a lot of posts that make me want to bang my head on my keyboard on here, and I'm hoping this is just a massive oversight on your part, but do you really have to ask the difference between finishing 8th and getting nothing in a race that costs $200,000 to enter and a normal Outlaw race?
Also, to your numbers on the bottom - more evidence to me that people really have little idea how much a million dollars is.
Let's say Chuck throws a large price on a one-night show of $75 per ticket. You'd need 10,000 paid face value, and then you'd need every single person to spend an additional $25 at the beer or concession stand to NET a million, not even considering your costs on the beer and concessions.
That's ignoring all of your other costs - insurance, miscellaneous track workers, advertising (though he's probably spending next to nothing on it), other operational costs, etc.
I"d be really curious to pick the mind of one of the owners who has entered so far. Wonder what kind of contracts/etc are involved in a deal like this.
I'll be the first to say it's gotten way further along than I had ever anticipated. If it hits double digit entrants, I'm really going to get intrigued.
|
|
|
|
July 08, 2019 at
07:34:52 AM
|
|
Joined:
|
01/24/2018
|
Posts:
|
386
|
|
|
I'm sure I'll be told by the same 5 people this race isn't happening... but it seems like the event is definitely gaining some traction. The fact a WoO member joined is huge. With the way Sweet has been running you would think Kahne is entering him without a doubt.
|
|
|
July 08, 2019 at
09:09:42 AM
|
|
Joined:
|
05/26/2005
|
Posts:
|
3328
|
|
|
Reply to:
Posted By: SAF92 on July 08 2019 at 07:34:52 AM
I'm sure I'll be told by the same 5 people this race isn't happening... but it seems like the event is definitely gaining some traction. The fact a WoO member joined is huge. With the way Sweet has been running you would think Kahne is entering him without a doubt.
|
I'm not sure if you consider me one of those 5 people, but...
So many people just want so much for this to be true that they are willing to overlook a lot of things... like Chuck's history of not exactly telling the truth....like Chuck's strong point being self-promotion not race promotion...like the notion that the WoO is supposedly somehow going to be a willing participant in running the show (have you seen anything from the WoO saying this?)..... like the only "traction" this is getting is from Chuck's PR..... like how in the world would Chuck put on a race in a month with nothing lined up ( I doubt if you'd see Jay MASUR's crew there from Medstar, for example).. like etc. etc. etc.
Chuck says he's a gambler, and so he has to work with the odds. I wouldn't bet against this race happening, but I sure as heck wouldn't bet for it happeneing. I'd give it a 1/10,000 of happening.
|
|