I was moved to starting this thread after reading the thread about prices guys were asking for used tracks. I appreciate input from everyone although I am more interested in what current and former track owners have to say.
I have owned 10 raceways over the past 30 years. I have purchased used tracks, new tracks, and have built several myself. I know many of the past and current track builders and consider them my friends.
I am currently considering opening one more raceway. My concern is that given the current slot car raceway business model, these businesses at best make a limited amount of money over a very short term. Of course there are those exceptions to the rule... Port Jeff, Mike Swiss's track, Shontell, Buena Park, and I am sure there are a few others I have missed.
One issue in trying to make money with this business is spending as little as possible when opening up. Which brings me to tracks. I regularly check the blogs, Craigslist, and eBay for tracks and pricing and see what to me seems to be crazy high asking prices.
Now I have checked with many of the track builders for estimates and those prices seem to be awfully high as well. I know what goes into building tracks as I have built several including drag strips. It seems like guys are pricing their tracks at a high hourly wage. I don't think that is fair to a raceway owner, especially a new guy with "pie in the sky dreams" who has not done his due diligence.
There must be a way that these new tracks can be built and sold for less money. This is my opinion but I do not want to start out $25k to $40k in the hole on just tracks. I would like to hear from track builders as well.
I for one don't want to see slot car racing go away. I am back in Virginia Beach, VA, and there are no tracks within two hours driving time that I know of. I would love to put one up here once again.
Can I get your guys opinions and thoughts?