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Recession going to affect how often you race next year? #171441
12/20/08 02:20 PM
12/20/08 02:20 PM
Joined: Jul 2005
Posts: 1,301
Penna
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70satelliteguy Offline OP
pro stock
70satelliteguy  Offline OP
pro stock
7

Joined: Jul 2005
Posts: 1,301
Penna
I am just refreshing my motor for next season and with all of problems in NHRA with sponsors pulling the plug it got me thinking if it would affect the local racing scene at all? I don't have a sponsor because we basically just race on fridays in street legal events for fun. My job is also stable(Public health related) so I am not too worried about being able to afford it but there are a lot of layoffs in other areas that kinda worry me.
Are any of you guy's going to be forced to cut back!!!
Mike

Re: Recession going to affect how often you race next year? [Re: 70satelliteguy] #171442
12/20/08 02:22 PM
12/20/08 02:22 PM
Joined: Apr 2004
Posts: 12,339
somwhere
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smokinwoody Offline
I Live Here
smokinwoody  Offline
I Live Here
S

Joined: Apr 2004
Posts: 12,339
somwhere
gots no money...no ambition...no nottin

its all for sale...

thank you Mr Clinton...oh..and you too Mr Bush

Re: Recession going to affect how often you race next year? [Re: 70satelliteguy] #171443
12/20/08 02:39 PM
12/20/08 02:39 PM
Joined: Jan 2003
Posts: 9,876
Weddington, N.C.
Streetwize Offline
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Streetwize  Offline
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Posts: 9,876
Weddington, N.C.
I hope to actually do more racing, my time is freed up but with a stock block 360 it'll be a real low buck , low maintenance high fun factor car....I can't see how guys dump more and more into cars every year when the fields are tightening and purses potentially dropping.

For every guy laid-off this year there are probably 10 people who make good salaries but are either tightening their belts (prioritzing on essentials and "putting up nuts for winter" or they are justifyably worried about the next shoe to drop. The real 800 pound gorilla in the economy is that "fact of Business" there are way too high a percentage of people in the USA employed in non-essential goods and service industries (compared to generations past). Many more jobs are more vulnerable than people realize.

If it effects racing i think what will happen is you will see people moving to more basic, less exotic combos that they can get al ot more laps out of with less maintenence.....many of the high end exotic "must have" parts are already turning up in droves on the used parts lists....A lot of these guys are in peak earning years and more and more are thinking about retiring in the not too distant future...and the younger guys financing everything on credit cards are getting pinched too....now most of these guys won't get out of racing but they might settle for say a reliable low maintenence 10.90 car instead of trying to throw $$$ after $$$$ trying to go 9.90 or 10 flat....when you're bracket racing there's really not much more payback going faster past a certain point and if you factor in the costs and the hit you take trying to sell the high end stuff the exrtra cost doesn't justify the extra outlay to many people...the hobby gets a little more fun but A LOT MORE EXPENSIVE...at least that's what it looks like to me to me.

There's a lot of scary stuff going on....of course you know there is still a RISING WORLD Demand for Petroleum.....did you know that companies like Royal dutch are BUILDING STORAGE FACILIES to stockpile as much of this 32/barrel oil as they can???? Think about that amoment...what does that tell you? Even with the recession demand continues to go up based on population growth alone.....the PERFECT STORM is when all the stimulus eventually takes hold tro drive the economy forward and then gas prices inevitably SPIKE again.....buy oil stocks while thety are out of favor....even with trillions of dollars of stimulus it will take at least 8-10 years before alternative fuel technologies would make a significant dent in the rising Fossil fuel demand.

Last edited by Streetwize; 12/20/08 02:42 PM.

WIZE

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In Car:

https://www.youtube.com/watch?v=PjXcf95e6v0
Post deleted by Defbob [Re: Streetwize] #171444
12/20/08 02:48 PM
12/20/08 02:48 PM

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Re: Recession going to affect how often you race next year? #171445
12/20/08 03:01 PM
12/20/08 03:01 PM

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Quote:

spending the kids inheritance NOW





Re: Recession going to affect how often you race next year? #171446
12/20/08 03:02 PM
12/20/08 03:02 PM
Joined: Jan 2003
Posts: 19,372
Las Vegas
Al_Alguire Offline
I Live Here
Al_Alguire  Offline
I Live Here

Joined: Jan 2003
Posts: 19,372
Las Vegas
No change here, well actually I hope there is a big change, NO BROKEN ENGINES this year. The last two years have taken a toll on my with engine woes, hopefully that is all behind me now...We are very recession proof here being a Military family


"I am not ashamed to confess I am ignorant of what I do not know."

"It's never wrong to do the right thing"
Re: Recession going to affect how often you race next year? #171447
12/20/08 03:04 PM
12/20/08 03:04 PM
Joined: Mar 2004
Posts: 2,475
SW Ohio
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cgall Offline
top fuel
cgall  Offline
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Joined: Mar 2004
Posts: 2,475
SW Ohio
Racers are getting smarter about choosing races that can give the best payback. IHRA has capitalized on this idea by offering two of their points races on a single weekend, thereby cutting travel expenses for class racers in half.

Local bracket racing in my area has been in decline for the past several years, I see that continuing in '09, I hope it can survive.

NHRA class racing saw a turndown last year, they will have to do something soon to keep the participation up.

Re: Recession going to affect how often you race next year? [Re: Al_Alguire] #171448
12/20/08 03:21 PM
12/20/08 03:21 PM
Joined: Jun 2003
Posts: 52,972
Romeo MI
MR_P_BODY Offline
Master
MR_P_BODY  Offline
Master

Joined: Jun 2003
Posts: 52,972
Romeo MI
I dont know yet but if the auto companies go under
and my retirement gets cut you can believe my racing
will also(if I even keep it)but time will tell,
hopefully this economy turns up fairly quick. The
2 big factors for me to race are fuel to get to
and from the track(diesel) and entry fees, the car
is cheap to run and I bring my food and stay in my
trailer

Re: Recession going to affect how often you race next y [Re: MR_P_BODY] #171449
12/20/08 03:32 PM
12/20/08 03:32 PM
Joined: Oct 2004
Posts: 3,097
back in Georgia
dthemi Offline
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dthemi  Offline
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Posts: 3,097
back in Georgia
I know I'll be cutting back this year on projects, or maybe focusing on another car that's easier/cheaper to make go fast. The increased costs of the last few years have taken a bite out of me, as has moving across the country. Having to pay for and to keep up a home in Ga. that won't sell, and paying to live in Washington at the same time hurts ye olde wallet.

Re: Recession going to affect how often you race next y [Re: dthemi] #171450
12/20/08 03:56 PM
12/20/08 03:56 PM
Joined: Jun 2004
Posts: 1,226
Peoples republic of clackamas ...
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atoetly Offline
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Peoples republic of clackamas ...
If I ever get a good engine block I hope to race a full points season. I have moved my car across the mountain to my fiance's home in Bend Oregon and it is alot closer to the track I want to compete at but I think the turnout will be lower than years past?

Re: Recession going to affect how often you race next y [Re: dthemi] #171451
12/20/08 03:57 PM
12/20/08 03:57 PM
Joined: Oct 2004
Posts: 719
Ohio
Dodgetony Offline
mopar addict
Dodgetony  Offline
mopar addict

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Posts: 719
Ohio
I plan on racing more. I basically down sized and bought a car I can drive versus tow. That will cut my weekly expense for racing down dramatically.

Re: Recession going to affect how often you race next y [Re: Dodgetony] #171452
12/20/08 04:24 PM
12/20/08 04:24 PM
Joined: Apr 2005
Posts: 1,106
Quebec, Canada
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Diablo Offline
super stock
Diablo  Offline
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Joined: Apr 2005
Posts: 1,106
Quebec, Canada
Around here pulling is at its biggest and strongest i've ever seen. I'm a kind of low buck guy but has nice things because i do everything myself. I built a chrome moly tube frame instead of buying one for 10g+, all the body and paint work is me. Everything that is stainless on the truck was built by me.

The only thing i was behind on was engine and power. When everyone had 500ci at 700-800hp i had a 440 with 500hp, then i moved up to a 500ci and had one season on top of the hp race till the rules changed to allow 650ci. Well i ran wit hthe small 500ci for 4 years now and i have finally moved up to a 600+ci engine.

I need to sell the old engine first to have the last bit of funds to finish the b1-ts engine. It will be kinda sad to see the old engine go since we have givien some gm boys some pretty long faces over the years.

I hope next season i will beable to make an entire season again. I really do hope fuel prices stay down, i did feel the pinch of high prices at the pump. But i'm licky our purses arn't to bad in my club. Well if our in the top three lets say. And they pay back 8 spots. i think 8th is still 100$ (pays for fuel... almost) The problem is now is that the mod 4x4 class has got so big that there is usually 12-14 trucks in each class... Some people are no going home with nothing which i dont feel is right.

Re: Recession going to affect how often you race next y [Re: 70satelliteguy] #171453
12/20/08 05:13 PM
12/20/08 05:13 PM
Joined: Jan 2003
Posts: 16,928
NC
440Jim Offline
I Live Here
440Jim  Offline
I Live Here

Joined: Jan 2003
Posts: 16,928
NC
I cut way back in 2008, for a couple unrelated reasons. One reason was the high cost of fuel, so hopefully that will be half what it was in 2008. Remember unleaded regular at almost $4/gallon? At least burning E85 in the race car was a lot cheaper than the $8.50/gallon that race gas was selling for. I was also spending money finishing the basement in my house, so racing cash was hard to come by. That cost is behind me, so that will help. In 2008 I went to the track 15 times. I don't see myself going to the track 25 times like in 2007, maybe the same as 2008.

It isn't just the cost of fuel for the tow vehicle and the race car. Normal driving to work, shopping, etc was burning up lots of dollars in 2008.

At the local track in 2008, the bracket racing on Sat night had significantly less cars than 2007; and I don't expect anymore in 2009.
For example, in the Modified (footbrake) class, in 2006 there were 63 cars registered for points, in 2007 51 cars, in 2008 it was only 34.


1993 Daytona, 5.50 at 130mph (1/8) 1.19 sixty ft (PG). Link to 572 B1 - Part 1
Re: Recession going to affect how often you race next y [Re: 440Jim] #171454
12/20/08 07:21 PM
12/20/08 07:21 PM
Joined: Jan 2003
Posts: 8,028
The Grand State of Confusion-O...
SKR8PN Offline
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Posts: 8,028
The Grand State of Confusion-O...
Even "IF" I get the new engine in the Daytona, I still may not make it to the track at all. I may just bust around on the street a few times and hit a few local shows. We shall see what the new year brings........


Karma has no menu. You get served what you deserve.
Re: Recession going to affect how often you race next y [Re: SKR8PN] #171455
12/20/08 07:33 PM
12/20/08 07:33 PM
Joined: Jan 2003
Posts: 850
Georgetown, TX
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sc4579 Offline
super stock
sc4579  Offline
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Joined: Jan 2003
Posts: 850
Georgetown, TX
Don't plan on making many races. Maybe a couple big money bracket races and a mopar event. I have tossed around the idea of selling it all, still might.


2023 Challenger Scat Pack 1320
2016 Jeep Renegade
Re: Recession going to affect how often you race next y [Re: sc4579] #171456
12/20/08 07:42 PM
12/20/08 07:42 PM
Joined: Jan 2003
Posts: 20,184
Park Forest, IL
slantzilla Offline
Too Many Posts
slantzilla  Offline
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Joined: Jan 2003
Posts: 20,184
Park Forest, IL
I only made it to the track 3 times last year because I was working so much.

So far my job looks fairly secure for next year, I'm hoping to not be working quite so much overtime.

I'm hoping the new car will be done. I really don't have to spend too much money on it so that part is good.

I am looking for a house. If I get one bought that will be the biggest factor in how much I race. I'm trying to find one that I can own without being a slave to it.


"Everybody funny, now you funny too."
Re: Recession going to affect how often you race next y [Re: sc4579] #171457
12/20/08 07:43 PM
12/20/08 07:43 PM
Joined: Jan 2003
Posts: 6,314
The Swamp
MegaDart Offline
master
MegaDart  Offline
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Posts: 6,314
The Swamp
I may race a little more.
Plan on running IHRA and NHRA divisional S/Gas races we have a ton of them in the spring. Then if I have enough grade points I hope to run Englishtown Nats and possibly Epping next summer. Lots of regular bracket racing when I feel like it and quick32 once a month. As well as the big bucks racing here in Fl.

No doubt the recession has hindered my racing. For the most part I don't travel out of Fl except once or twice a year. And if the weather looks iffy on raceday I stay home can't afford to spend $200 in fuel for a raincheck..

Re: Recession going to affect how often you race next y [Re: MegaDart] #171458
12/20/08 08:02 PM
12/20/08 08:02 PM
Joined: Feb 2005
Posts: 2,528
Mansfield, Tx
Jacob Pitt Offline
master
Jacob Pitt  Offline
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Posts: 2,528
Mansfield, Tx
Probably racing more. Two cars in three classes now that two classes I can run in for free because of my gold cards. As long as I have a job and I can win enough to help pay for it all I'll keep doing it. Besides what else am I going to do?

4891542-IMG_0130.JPG (44 downloads)

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Re: Recession going to affect how often you race next y [Re: Jacob Pitt] #171459
12/20/08 08:14 PM
12/20/08 08:14 PM
Joined: Jan 2003
Posts: 27,421
Balt. Md
3
383man Offline
Too Many Posts
383man  Offline
Too Many Posts
3

Joined: Jan 2003
Posts: 27,421
Balt. Md
I am not no regular racer but I like to drive my 63 to the track a few times a year and race it. I am glad its a driver as if it gets to bad I will still drive it some but may not make it to the track. Even driving it to the track cost me about $75. dollars between gas , food and gate fee. I have been hurt already as a Dealer tech as they cut my pay by taking my bonus away so I hope it dont get to much tuffer as I am looking to get out of the shop anyway. Ron

Last edited by 383man; 12/20/08 08:14 PM.
Re: Recession going to affect how often you race next y [Re: Jacob Pitt] #171460
12/20/08 08:23 PM
12/20/08 08:23 PM
Joined: Aug 2003
Posts: 4,987
new jersey usa
1
11secdart Offline
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11secdart  Offline
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Posts: 4,987
new jersey usa
Car counts were down at my local track last year and I see more of the same for 09, I could be wrong. I slowed my car down to run in Street Eliminator points last year and had fun doing it and qualified for the Bracket Finals, I am doing the same next season financialy it helps a little . entry fee is cheaper and only shifting at 6500 saves parts. Although I got laid off a month ago I will race next year what ever it takes. I did some snow plowing last night ( its only December so theres more to come )I have some parts sold, and I have some work lined up on a friends Mustang so that will put some $$$ in the race account. I am probably not traveling to any out of state events though.

Last edited by 11secdart; 12/20/08 08:35 PM.

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