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DRR S/Pro
Picture of Mike Rietow
posted Hide Post
Summit is looking for a few good men.

Anyone get one of these in a box, in the mail?

I wanna see who's team I'm on before sticking it on the car.



https://youtu.be/FZ6zwnyDwUg

http://ottm.store

https://youtu.be/I8QWEaqeFRw

1996, 1998, 2001, 2003, 2005, 2006, 2008 Super Pro Champion Sunshine Dragstrip, Clearwater Florida
 
Posts: 8846 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
DRR S/Pro
Picture of David Covey
posted Hide Post
quote:
Originally posted by ferndaleflyer:
Look what happened to IHRA when it was bought out by an investment group.


I would opine it started when Bader sold out. When Bader bought IHRA it took off like a rocket, after he sold it has been a steady decline.

My opinion..

Dave


"It is usually futile to try to talk facts and analysis to people who are enjoying a sense of moral superiority in their ignorance." -Thomas Sowell
 
Posts: 3184 | Location: American By Birth Texan By The Grace Of God  | Registered: April 29, 2004Reply With QuoteReport This Post
DRR S/Pro
Picture of Mike Rietow
posted Hide Post
quote:
Originally posted by David Covey:
quote:
Originally posted by ferndaleflyer:
Look what happened to IHRA when it was bought out by an investment group.


I would opine it started when Bader sold out. When Bader bought IHRA it took off like a rocket, after he sold it has been a steady decline.

My opinion..

Dave


You can follow the demise of IHRA by the number of top flight Top Fuel teams left on the planet.

Which also follows demise of the number of small business's making the bread to support such an endeavor.

It all follows the corporate Wall st / china takeover.

There's a handful left with multiple cars.


https://youtu.be/FZ6zwnyDwUg

http://ottm.store

https://youtu.be/I8QWEaqeFRw

1996, 1998, 2001, 2003, 2005, 2006, 2008 Super Pro Champion Sunshine Dragstrip, Clearwater Florida
 
Posts: 8846 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
DRR Top Comp
posted Hide Post
Covey, maybe! But I seem to remember that when IRG bought that mess they had like 120 member tracks and owned 5 out right. As far as I know they only own 1 for sure now and their racing program has about dissolved. That may not be accurate but its close.
 
Posts: 5866 | Location: everywhere | Registered: March 15, 2007Reply With QuoteReport This Post
DRR S/Pro
Picture of David Covey
posted Hide Post
quote:
Originally posted by ferndaleflyer:
Covey, maybe! But I seem to remember that when IRG bought that mess they had like 120 member tracks and owned 5 out right. As far as I know they only own 1 for sure now and their racing program has about dissolved. That may not be accurate but its close.


Fern,
You are correct.
Bader stepped down in 2004, I'm just saying they have been on a downhill slide since then. Major sponsors lost and the changing hands multiple times to redesigning the series trying to out NHRA the NHRA. They actually had a damn good series that (I think) was better already. They just could not seem to get the sponsor money to follow them. I honestly think they just did not put forth the effort in that area.

My opinion, others may vary.

Dave


"It is usually futile to try to talk facts and analysis to people who are enjoying a sense of moral superiority in their ignorance." -Thomas Sowell
 
Posts: 3184 | Location: American By Birth Texan By The Grace Of God  | Registered: April 29, 2004Reply With QuoteReport This Post
DRR Top Comp
posted Hide Post
I plan on racing this weekend at Darlington and I think, not sure, it is still IHRA. So still a few around and I think Summit has stuck with them though it all. I imagine JEGS sponsorship will dwindle under this investment group. We need to support those that support us. Wonder how this will eventually affect SFG and others under the JEGS banner.
 
Posts: 5866 | Location: everywhere | Registered: March 15, 2007Reply With QuoteReport This Post
DRR Sportsman
Picture of sc4087
posted Hide Post
quote:
Originally posted by maliciousintent:
Like Ed has stated, this does not affect me. Same here. Quit buying from Jegs years ago, to much Chinese shyt and poor service.


Ditto. You type in an exact part # you're looking for and they give you their Chinese crap version for a result.


Mike Greene




 
Posts: 491 | Location: Burleson, TX | Registered: March 23, 2007Reply With QuoteReport This Post



DRR Sportsman
Picture of Bad News
posted Hide Post
quote:
Originally posted by David Covey:
quote:
Originally posted by ferndaleflyer:
Covey, maybe! But I seem to remember that when IRG bought that mess they had like 120 member tracks and owned 5 out right. As far as I know they only own 1 for sure now and their racing program has about dissolved. That may not be accurate but its close.


IRG started hemorrhaging money the day they got talked into remodeling the old Moroso. Every big shot they had on board got a piece of the pie. They came, they pilfered and they left. Mister Grey loafers Ritten something, Comp you screw who sold them some used bag o sh it timing system and scoreboards, The jackwagon who designed the stupid layout, all the big shots Deez, and who the fk cares who else. Every one of the turdbags that had their hands in the IRG pie took what they could get. Feld that sold them a bag o garbage worn out trucks and trailers at the direction of those same idiots that controlled IRG. The involvement of borrowing big money from investors to keep feeding the monster. Danm near any contractor that worked on that tracks remodeling got the shaft money wise. Beautiful Musco lighting that makes the meter spin off its axis, They say $100 bucks an hr to run the dragstrip side. No wonder they switched to daytime crap. BUt now just about all the holdings are gone, you can make book on the investment group is fat and happy, with Selling off Cordova, MIR, and now PBIR for an undisclosed sum at least above 50 million, but purportedly closer to 90 mil. That Honk Kong owner has got to be exstatic.
Yep HONG KONG owner. Just go through the filings
on Sunbiz.org. You can find it, it's all there in reports. Overseas corp, registered in Delaware owns, or owned the whole shebang. They just got wrapped up with the aforementioned borrowing of $35 mil some years ago from the investment group whos name escapes me, but it was sold or merged with First Street Financial last year I believe, and I think that was the end. They wanted their money, as it has been many years since the 35 mil was borrowed and it was not paid back.

Fern,
You are correct.
Bader stepped down in 2004, I'm just saying they have been on a downhill slide since then. Major sponsors lost and the changing hands multiple times to redesigning the series trying to out NHRA the NHRA. They actually had a damn good series that (I think) was better already. They just could not seem to get the sponsor money to follow them. I honestly think they just did not put forth the effort in that area.

My opinion, others may vary.

Dave
 
Posts: 856 | Location: ft laud | Registered: September 02, 2004Reply With QuoteReport This Post
DRR Sportsman
Picture of Bad News
posted Hide Post
quote:
Originally posted by Bad News:
quote:
Originally posted by David Covey:
quote:
Originally posted by ferndaleflyer:
Covey, maybe! But I seem to remember that when IRG bought that mess they had like 120 member tracks and owned 5 out right. As far as I know they only own 1 for sure now and their racing program has about dissolved. That may not be accurate but its close.


IRG started hemorrhaging money the day they got talked into remodeling the old Moroso. Every big shot they had on board got a piece of the pie. They came, they pilfered and they left. Mister Grey loafers Ritten something, Comp you screw who sold them some used bag o sh it timing system and scoreboards, The jackwagon who designed the stupid layout, all the big shots Deez, and who the fk cares who else. Every one of the turdbags that had their hands in the IRG pie took what they could get. Feld that sold them a bag o garbage worn out trucks and trailers at the direction of those same idiots that controlled IRG. The involvement of borrowing big money from investors to keep feeding the monster. Danm near any contractor that worked on that tracks remodeling got the shaft money wise. Beautiful Musco lighting that makes the meter spin off its axis, They say $100 bucks an hr to run the dragstrip side. No wonder they switched to daytime crap. BUt now just about all the holdings are gone, you can make book on the investment group is fat and happy, with Selling off Cordova, MIR, and now PBIR for an undisclosed sum at least above 50 million, but purportedly closer to 90 mil. That Honk Kong owner has got to be exstatic.
Yep HONG KONG owner. Just go through the filings
on Sunbiz.org. You can find it, it's all there in reports. Overseas corp, registered in Delaware owns, or owned the whole shebang. They just got wrapped up with the aforementioned borrowing of $35 mil some years ago from the investment group whos name escapes me, but it was sold or merged with First Street Financial last year I believe, and I think that was the end. They wanted their money, as it has been many years since the 35 mil was borrowed and it was not paid back.

Don't look for IHRA to be around for too long. Rented space in a Hi rise office bldg in Palm Beach, I think they already moved from the upper floors to the basement so to speak, and without any income except membership fees it may just be the final flush. They have nothing to sell you know, they own no physical property (IHRA)

My opinion, others may vary.

Dave
 
Posts: 856 | Location: ft laud | Registered: September 02, 2004Reply With QuoteReport This Post
DRR Trophy
posted Hide Post
The info about Dollar stores being infested should read Family Dollar Stores a completely different company. Dollar Stores have National Headquarters in Nashville TN
 
Posts: 45 | Location: Horse Cave Ky | Registered: April 27, 2009Reply With QuoteReport This Post
DRR All Star
posted Hide Post
Maybe others know what the policy is at Summit and Jeg's for this: I'm used to ordering, and they ship me my sh1t. Well not anymore. I order, and two months later or so, they may send me my sh1t. Whatever. Not their fault.
But I guess I never noticed....when I order, they hit the card that day. Not when it ships. Is this the way it has always been? I ordered some pistons from them probably 30 days ago, that at this point I don't know if I will ever get. And they hit the card that very day, and sit on my money. This was Summit.


Foxtrot Juliet Bravo
 
Posts: 5964 | Location: Illinois | Registered: July 08, 2004Reply With QuoteReport This Post
DRR S/Pro
Picture of Big Steve
posted Hide Post
Both Jegs and Summit always hit your CC instantly when ordering online
 
Posts: 1984 | Location: On the the dark side now | Registered: April 30, 2010Reply With QuoteReport This Post
DRR Top Comp
posted Hide Post
If it was on my card and I did not have the product I would dispute the charge with the card company (bank). I did this once and the charge was removed.
 
Posts: 5866 | Location: everywhere | Registered: March 15, 2007Reply With QuoteReport This Post
DRR Trophy
posted Hide Post
A bit of resurrection of an old thread, but on yesterday's NHRA show, they mentioned that Jeg's would not be back as a sponsor on Troy Coughlin Jr's PS car next year. Can't say I'm surprised, but damn....
 
Posts: 99 | Location: Imperial, CA | Registered: September 12, 2013Reply With QuoteReport This Post



DRR Sportsman
posted Hide Post
quote:
Originally posted by fivecentcharlie:
A bit of resurrection of an old thread, but on yesterday's NHRA show, they mentioned that Jeg's would not be back as a sponsor on Troy Coughlin Jr's PS car next year. Can't say I'm surprised, but damn....


If they aren't doing that,I wonder if there still will be a Jeg's All Stars?
 
Posts: 1095 | Location: Elgin,IL | Registered: February 08, 2010Reply With QuoteReport This Post
DRR S/Pro
Picture of BP758
posted Hide Post
quote:
Originally posted by 442OLDS:
quote:
Originally posted by fivecentcharlie:
A bit of resurrection of an old thread, but on yesterday's NHRA show, they mentioned that Jeg's would not be back as a sponsor on Troy Coughlin Jr's PS car next year. Can't say I'm surprised, but damn....


If they aren't doing that,I wonder if there still will be a Jeg's All Stars?


Heard that too.. wouldn’t be surprised.
Pretty much the sportsman show! Hope it stays.


Raceless in California!
 
Posts: 4267 | Location: Vacaville  | Registered: January 07, 2004Reply With QuoteReport This Post
DRR S/Pro
Picture of Big Steve
posted Hide Post
New owners obviously dont see the ROI on spending a million $$ a year funding a PS car, same with Summit dropping the major sponsorship of Greg Anderson last year. Hopefully Jegs will continue supporting drag racing on the sportsman level as Summit has
 
Posts: 1984 | Location: On the the dark side now | Registered: April 30, 2010Reply With QuoteReport This Post
DRR Sportsman
posted Hide Post
rumor on the street at indy was that this would be the last year jegs sponsored the all star race.

ep-pretty crappy as soon as new owners come in they decide to stop supporting the very people that support them. i will exclusively get what i need else where.
 
Posts: 661 | Location: dodging double wides... | Registered: November 28, 2007Reply With QuoteReport This Post
DRR Elite
Picture of 1320racer
posted Hide Post
99% of my performance parts purchases over the last 30+ years has been through Summit, never paid attention to Jegs then nor now but it shouldn't surprise anyone that the private equity corporation Greenbriar Equity Group that now owns Jegs will make changes https://www.greenbriarequity.com/investment/jegs/ and most if not all will not be popular with racers and their customers.


O'IT!

Offering 1st hand experience and advice based on 3 decades of on track proven performance

"if you guys are so broke dyck you can't buy USA made parts you need to stay the fuc at home that's the bottomline" ----Tim McAmis



 
Posts: 12078 | Location: NJ | Registered: August 20, 2000Reply With QuoteReport This Post
DRR Sportsman
posted Hide Post
the jegs family will probably be able to buy the company back in a few years for .25 on the dollar after they run it in the ground.

ep
 
Posts: 661 | Location: dodging double wides... | Registered: November 28, 2007Reply With QuoteReport This Post
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