I must admit, I am a little curious about this sale. It is obviously going to go through, however I question if it is good for Barrie. Here is the reasoning. Brad and Steve are businessmen. So in order to sell they either A) Are not making any money (which I don't beleive), B) have a problem with their business relationship (the biggest cause of business failure with partners), or C) They received an offer they couldn't refuse (an overpayment for the business). It looks to me like scenario C. Let's say the improvements that are coming cost $500,000. You would have to re-coup $50,000 a year over ten years to get that back. When you consider that the place is usually busy (but no one gets turned away at the gate), where is that extra revenue going to come from? Barrie already has the top touring series, and there is no way any other NASCAR series is going to go to a narrow 1/3 mile track. You take the requirement for extra revenue, combine it with a possilble overpayment for the asset, and you have a huge potential issue here. I hope it works, and that it is the jewel of Ontario, however I have to say I have a cautious outlook about the whole thing.
I must admit, I am a little curious about this sale. It is obviously going to go through, however I question if it is good for Barrie. Here is the reasoning. Brad and Steve are businessmen. So in order to sell they either A) Are not making any money (which I don't beleive), B) have a problem with their business relationship (the biggest cause of business failure with partners), or C) They received an offer they couldn't refuse (an overpayment for the business). It looks to me like scenario C. Let's say the improvements that are coming cost $500,000. You would have to re-coup $50,000 a year over ten years to get that back. When you consider that the place is usually busy (but no one gets turned away at the gate), where is that extra revenue going to come from? Barrie already has the top touring series, and there is no way any other NASCAR series is going to go to a narrow 1/3 mile track. You take the requirement for extra revenue, combine it with a possilble overpayment for the asset, and you have a huge potential issue here. I hope it works, and that it is the jewel of Ontario, however I have to say I have a cautious outlook about the whole thing.
I might be a lil bit fo an optimist, but I would think that they would have to make more then 50,000$ per year. As far as I know Brad's only job is BSW and pocket change didnt buy that RV of his. He might have another job, I don;t know for sure tho....
Wherever the #47 decides to run each week , will be my home track . I'm not worried about the lack of paint at Sunset . Its still a good track with some great racers . So he doesn't carry a Nascar logo , thats no big deal anyway . I can still eat my Domino's pizza too . ;D
how about the lack of talent...you ahve the 11 and then.....................................noone
lmao@that......
it must be something in the water up there that keeps you guys so narrow minded
i am looking at this whole deal very cautiously too marcisfan. it cathces me as being a little odd. The track the way it is configured now cannot go much further then it already is now. In order to make it better and more accessible to bigger touring divisions then the canadian tire series they wil have to make the track bigger yet! But no matter how big the track is it's still Barrie and that's where my heart is! I just hope the track doesn't take a dive! it may just do that but let's cross our fingers!
I must admit, I am a little curious about this sale. It is obviously going to go through, however I question if it is good for Barrie. Here is the reasoning. Brad and Steve are businessmen. So in order to sell they either A) Are not making any money (which I don't beleive), B) have a problem with their business relationship (the biggest cause of business failure with partners), or C) They received an offer they couldn't refuse (an overpayment for the business). It looks to me like scenario C. Let's say the improvements that are coming cost $500,000. You would have to re-coup $50,000 a year over ten years to get that back. When you consider that the place is usually busy (but no one gets turned away at the gate), where is that extra revenue going to come from? Barrie already has the top touring series, and there is no way any other NASCAR series is going to go to a narrow 1/3 mile track. You take the requirement for extra revenue, combine it with a possilble overpayment for the asset, and you have a huge potential issue here. I hope it works, and that it is the jewel of Ontario, however I have to say I have a cautious outlook about the whole thing.
Brad Moran has had not 1 not 2 not 3 but 4 different partners at Barrie Speedway as they say on millionare, B final answer lol.