Al-Anabi leaving racing
 

Not a Stock or Super Stock issue but Al-Anabi leaving NHRA.

http://motorsportstalk.nbcsports.com...-tbd/#comments

Re: Al-Anabi leaving racing
 

Now, if and when Force and or Schumacher ever pull the plug.....well, then,....that will be News. Perhaps a gallon of gasoline selling for 1.90 has something to do with this. M.J.

Re: Al-Anabi leaving racing
 

Wouldn't be many fuel cars left if they did.

Btw, a gallon of regular is $1.76 here right now. Diesel is $2.67, I topped off my 100 gallon diesel motorhome tank at $3.39 a gallon before storing it for the winter, just knowing it would be higher this year. LOL

Really think that is related?

Re: Al-Anabi leaving racing
 

I would speculate that the lower oil prices are costing them money and running Fuel and Pro Mod teams is very expensive so something had to give. As a lifelong educator though I'm not familiar enough with the economic structure to say this with certainty so my opinion is nothing more than an educated guess. Living in Texas I have friends/family in the oil field business and they're complaining about how it's hurting their paychecks but from the consumer's viewpoint it's very hard to argue with gas under $2 a gallon. $1.94 here in East Texas.

Scott

Re: Al-Anabi leaving racing
 

Lets see they made bazillions off of us for 40 plus years, now oil prices drop and in 2 months they are broke?I really feel for them.LOL

Re: Al-Anabi leaving racing
 

Qutar is in the natural gas business, not oil.

Re: Al-Anabi leaving racing
 

I just think they probably had their fun and are on to another flavor of the week hobby. Not to mention that they built a nice facility of their own and have bought enough cars and knowledge to be able to race at their own facility - Pro Mods are going as fast or faster over there than they do here.

Re: Al-Anabi leaving racing
 

Acording to wikipedia "Qatar is the richest country per capita in the world,and has the third largest natural gas and oil reserves in excess of 25 billion barrels".

Re: Al-Anabi leaving racing
 

My thoughts too

Re: Al-Anabi leaving racing
 

"Ceasing all motor sports activities in North America" has a political twang to it. Aren't they (Qatar) bickering with allies of ours right now? Egypt??

Dale

Re: Al-Anabi leaving racing
 

It's a dam shame when a plain ole Billionaire can't afford to go racing anymore...feel sorry for them. Note: sarcasm.

JimR

Re: Al-Anabi leaving racing
 

You might have hit that one one the head. Considering all the the natural gas deposits in the the U.S. and all the fracking going on here, it might be driving the prices down affecting their economy. Play money getting a little short to come by. My $.02

Re: Al-Anabi leaving racing
 

Qatar is involved in other things as well. Not going to make this political, but a few seconds on Google will tell the story. I was not enthusiastic about their involvement and I'm not sorry to see them go.

Re: Al-Anabi leaving racing
 

The ruling family of Qatar is a strong supporter of Palestine. I believe moving out of the US racing business wasn't all His Excellency Sheik Khalid bin Hamad Al Thani's idea.

Dale

Re: Al-Anabi leaving racing
 

I believe this to be more political than anything. Qatar is a member of OPEC which controls the price of oil by determining how much will be pumped, supply and demand, my understanding from our oil supplier is that they are the ones driving the price down trying to break our companies in the US. According to him it cost companies in our country $81 to produce a barrel of oil whereas it cost those countries half or less to produce the same.

Re: Al-Anabi leaving racing
 

It's a shame for Alan Johnson, Langdon,and their families ...given the short notice that they received. M.J.

Re: Al-Anabi leaving racing
 

the last year there has been somewhat of a "whizzing" contest between the shale oil producing companies in the US and OPEC. OPEC believes that the US companies can't survive oil at $50 a barrel. The US companies say their good to $30 a barrel. I guess the first to blink loses. If the US companies can't compete past a certain price, I'm betting gas prices will soar...

Re: Al-Anabi leaving racing
 

I find it funny how OPEC is blamed for driving the price of oil down by not cutting production (they have not raised production) Yet the US is finding new oil and increasing production almost daily.
Parts of the US have a $80 dollar a barrel break even at this moment. But many areas are well below that price point. From what I have been seeing and hearing that price will go down as drilling slows. With all the booming that was going on in the US the support companies could demand top dollar. Now with less rigs running there is less need so the prices will have to drop accordingly.


Personally I don’t care the reason I like the lower gas prices. I just hope they stay there till playing season get here.

Re: Al-Anabi leaving racing
 

Backlash to the Republican Congress push for approval of Keystone XL?

Dale

Re: Al-Anabi leaving racing
 

"LONDON, Oct 10 (Reuters) - Top oil exporter Saudi Arabia told OPEC it raised its oil production in September by 100,000 barrels per day, adding to signs it has yet to respond to a drop in prices well below $100 a barrel by trimming output."

The bottom line is that OPEC does not like the USA producing it's own oil.

Re: Al-Anabi leaving racing
 

Drill baby drill!
"if the US does all this drilling it won't make a discernable difference in the price" I forget which democrat said this but they all believed it. Funny how the truth always comes out eventually.

Re: Al-Anabi leaving racing
 

Never heard anybody say that. Lots of people around here (Oklahoma) that did that drilling are not happy right now.

Re: Al-Anabi leaving racing
 

I can tell you first hand what drilling will do because my family had drilling rigs for over 40 years.In 1980 oil peaked at $35.00 a barrel and after six years of the drilling oil boom the price of oil in 1986 was under $10.00 per barrel.American oil drillers went broke and look what OPEC did to our *** years later in 2008 with a barrel of oil at $147.00 per barrel.Will history repeat it self once again?

Re: Al-Anabi leaving racing
 

Smarter, more well informed people than I have publicly stated that the drop in oil pricing is due to Saudi Arabia opening the flood gates to punish Russia, for their support of Syria's Assad family and their support of Iran's nuclear program.

As to Al Anabi's pulling out of North american racing operations, here is a link to a good article /interview showing how AlAnabi operates.


http://www.dragracingonline.com/inne...nowling-1.html

Re: Al-Anabi leaving racing
 

Wow what a mess!!!!!!!

Re: Al-Anabi leaving racing
 

There were post on other sites several weeks ago, that the sheik had gotten in some trouble, and was not going to be around... Don't remember all the details. Some people were expecting the plug to be pulled. Did not have anything to do with oil or gas prices.

Wonder how much truth there is to that rumor?

Ken

Stock 412

Re: Al-Anabi leaving racing
 

Very interesting read. Thank you for sharing. That is a messed up deal! I would have never known those things go on behind the scenes.

Scott

Re: Al-Anabi leaving racing
 

You lie down with dogs, you get up with fleas. No sympathy for anyone who sold their soul to this guy and got hosed. Even I knew it would not end well when they got involved over here and I've never even stayed at a Holiday Inn Express.

Re: Al-Anabi leaving racing
 

I've read many posts that the Sheik had a white powder problem over here and daddy wasn't happy.

Re: Al-Anabi leaving racing
 

If I recall there were statements made from Larry Dixon about there being a problem of some sort when he parted ways with them. Oil has nothing to do with this IMO.

Re: Al-Anabi leaving racing
 

I herd the same thing Ed. Also the ladies.

Re: Al-Anabi leaving racing
 

I know I'll sound mean, but I'm not losing a wink of sleep over this, I could care less honestly, oh well.

Re: Al-Anabi leaving racing
 

I'm amazed that it lasted as long as it did.

Re: Al-Anabi leaving racing
 

Sad to see any sponsor leave the sport.

My perspective of Al Anabi story told by Kenny Nowling on dro.
Kenny reminds me of bernie madoff, tried to do good in the begining with ADRL but it fell apart and is trying to blame someone else.

If you were the sheiks father and read this story, what would you do, I can tell you, I would pull all funding because of being associated with this guy Kenny Nowling and anything associated with NHRA, Qatar does not need the bad press.

I believe there are 3 sides to this story, Sheiks, Kenny;s and the truth which we will never know.

PS keep in mind Kenny has been convicted of Money related Crimes before.

Re: Al-Anabi leaving racing
 

Likewise, but is association with shady or questionable characters worth the bad ink? I think as a sport, we try to present it as a wholesome, family activity.

Remember that other companies and organizations may be looking to get involved also. I expect that decision makers look at who else is involved to avoid the appearance of associating with undesirable entities and people, i.e. National Guard bailing on ADRL.

Re: Al-Anabi leaving racing
 

Remember one thing fellas. Fesces rolls downhill. Once the big three ain't got enough cars to make a show guess what? No more national events. If you are a guy w a 30 -150k stk or ss car you should be petrified right now especially if you are one of the diehards who abhor bracket racing because if the nats go away all you have left are 4-6 div events where you can win 1-2k(correct me if I am wrong) unless you are one of the big money traveling types. There is already talk of absorbing pro stock into promod. This isn't a good sign😩

Re: Al-Anabi leaving racing
 

Ditto. And get a load of this....and old story, but seems the scum has risen to the surface.
http://www.dragzine.com/news/the-dif...al-anabi-adrl/