Lucas Oil: why do they want to sell LOLMDS?
in the limited research i did it appears that Forrest Lucas is worth at least $500,000,000. Why are so many assuming that the LOLMDS will be sold within a few years? It appears as tho they are making money yearly and the sponsors are increasing yearly, does Lucas want to concentrate its resources elsewhere in motorsports or just reduce its expenditures on motorsports?
I saw that the World Racing Groups total revenue is reportedly around $10,000,000 yearly. Obviously that quite a bit less than FloSports revenue thats been estimated at $115,000,000. And now with Flo aligning with UFC/WWE it appears they will be growing exponentially in the years to come.
Does High Limit and its financiers need to buy LOLMDS or could they just start High Limit Late Model Series on their own? If Lucas wants out of late model racing no matter what i dont see why High Limit would buy them, just allow them to fold...
I’d gladly pay more for Flo.
Quote:
Originally Posted by
84wedge
With exponential growth comes exponential price increases to the consumer.
84wedge,
As racing season is over for me, and knowing its hockey season, and having ECHL FTW Komet season hockey tickets for home games, I can watch every FTW Komet road game. I save $$$ on away game road tickets such as Indy, Kzoo, and Toledo, let alone fuel and eats, throughout hockey season. That doesn’t mean I still don’t go to a few road games during the season, just not as many as I once did.
Thus I get more out of Flo than just racing, so Flo is very-very cheap for me as it is. If and when a price increase comes, I will gladly pay more. Heck, being honest, Flo pays for its self the month of January when the Tulsa Shootout is on. I’ve bucket listed experienced both the Shootout and the Chili Bowl more then once, so its nice to watch from the comfort of my home.