Had an uncle who quit Late Model racing a while back. He said the cost of engines were way out of hand and the little guy just could not compete.
That was in 1976 and the cost he was complaining about was $7,000
For giggles, I looked up on the interweb the annual rate of inflation for the US, I then started with $7,000 and multiplied it by the inflation rate for each year, I came to around $35,000 and I did it around 10 years ago when top of the line engines were $30K to $35K
$30,000 for an engine seemed really high until I did that.
That was in 1976 and the cost he was complaining about was $7,000
For giggles, I looked up on the interweb the annual rate of inflation for the US, I then started with $7,000 and multiplied it by the inflation rate for each year, I came to around $35,000 and I did it around 10 years ago when top of the line engines were $30K to $35K
$30,000 for an engine seemed really high until I did that.
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