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Old 09-19-2010, 06:01 PM   #1
Billy Nees
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Default Re: Making a profit in drag racing ????

Yeah, yeah, yeah, slacker.
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Old 09-19-2010, 10:35 PM   #2
cicero819
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Default Re: Making a profit in drag racing ????

I also only care for door cars. Mr Nees which type of dime car would you suggest. I know that my Oldsmobile Eighty Eight with 3800 v6 can run the quarter all day at 8:25 et in the eight. are these the future gems of stock eliminator. Thanks
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Old 09-20-2010, 08:13 AM   #3
Billy Nees
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Default Re: Making a profit in drag racing ????

Quote:
Originally Posted by cicero819 View Post
I also only care for door cars. Mr Nees which type of dime car would you suggest. I know that my Oldsmobile Eighty Eight with 3800 v6 can run the quarter all day at 8:25 et in the eight. are these the future gems of stock eliminator. Thanks
I have no idea why you are asking my father for an answer to this question! He doesn't race and hasn't even got a computer. Is it OK if I try and answer it?
Tom Kasch and Marion Stevenson have done well with the same type of car that you have. Do you mind getting your hands dirty? Are you creative? Are you a good scrounge? Will you take the time to watch the weather and wind? If you answered yes to these questions then you might do OK with this car. If not, buy a CJ or DP. You can probably get a good deal on an old A,B,C,D, Six Pack, 428 CJ or BB Camaro about now though.
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Old 09-20-2010, 02:23 PM   #4
Marvin Robinson
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Default Re: Making a profit in drag racing ????

My two cents worth...

In the mid 70's quit racing for two years when I got married, and finally convinced my wife that my racing could pay for itself. It took (and still takes) a strategy to break even or earn a profit. Mine was to get rid of the BBC/4-speed combo, and go to a Z-28/SBC auto setup with electronic ignition, shift kit, headers and fuel pump and go bracket racing in 1975 - raced various cars with similar setups till my kids started College in the early 90's.

Long story short, made over 18K in 5 years, racing the car that was my daily driver, and listed racing as a business, and ran it that way to satisfy the IRS. Between deductions and winnings (which WERE more than my expenses). I made a profit 4 out of 5 years, and helped save for a down payment on a house. It takes a lot of winning, and extreme focus, but I managed both of those. It helped a lot to have an active bracket program less than 30min from home so 2-3 nights a week you could race for 200 dollars to win with a 25 - 35.00 entry fee in the 12 flat and slower brackets, run "King of the Mountain" races and race for 400+ when they ran them. No tow vehicle, trailer expenses, camping at the track and minimal maintenance put most of the winnings in my pocket.

5-6 big money races a year gave a chance to win 1000 or more, at tracks less than 3 hours travel. (Byron, Union Grove, Martin, US 30, etc.)

Having said all that, the sport has moved to a point where this is much more expensive and harder to do today, but I think a really good racer could keep from going broke, and maybe pick up a sponsor after enough winning was done, to compete at a higher level.
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