The only time someone made money racing
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- Опубликовано: 3 окт 2024
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Jay Lamm is the organizer of the 24 Hours of Lemons - endurance racing in $500 cars. It might be as cheap as wheel to wheel racing can get but it still costs money. Here's the only exception to that in history.
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#24HoursOfLemons #RacingProfit #JayLamm
I do think we need to put together a VINwiki Lemons Team.
That is the best idea ever
I'm in, let me know where and when....Oh hang on...Vegas !
💯💯💯
Ed Bolian agree
Join Doug's... He just ran with us in October at Gingerman!!
The comment about the guy saying you’re taking food out of my kids mouth when you wreck him rings true in the the south at the Friday night action tracks!
"HOLY HOT DAMN, YOU GUYS GOT JAY LAMM?!?!"
-Lemons geeks everywhere
Oh sure, but I want to hear more of Jeff Glenn's stories.
Now they need Spank, but dayum... Jay is a riot! Very cool dude to boot
Whoa, Jay Lamm, no shit!
@@jauken83 why you rune.... klassic?
It is still amazing how much money you can spend on $500 cars. Awesome premise though.
I could have a brand new just about anything in my driveway if I hadn't gone Lemons racing. Instead, my daily was made in 1996 when I was barely 13 years old.
I'm happy with how things turned out though.
I was part of Team Cougar Bait at Lemons in Toledo in 08. About an hour into the race our first driver got turned into the concrete barrier and smashed up the right front. We spent hours rebuilding the car, a Saab, even getting a lot of help from Team Sofa King racing who parked next to us in the pits(They turned out to be a Pratt & Lambert Corvette racing pit crew) and using my van to pull out the subframe. We moved it enough to run either a radiator or an intercooler for the turbo. We put the radiator in and finally got back on track. Overnight it was cool, but when the sun came up the engine started to get hot. We ended up parking it for the final few hours, then getting back on track with about 15 minutes to go. We finished and we won the Most Heroic Comeback trophy. A few years later we went to Nelson Ledges, OH, a miserable, cold and wet weekend. 30 minutes into the race our engine exploded. The engine had been rebuilt by someone who used gallons of blue RTV instead of gaskets and it clogged the oil pickup. Some local said said he knew of an engine that would work and was for sale. So two of guys jumped into a pickup and drove off into the wilds of North East Ohio with a complete stranger never to be seen again(OK, that's not true). They were gone about 4 hours but eventually returned with an engine. We worked for 7 hours, but the new engine wouldn't work with our transmission. We spent the remainder of the weekend drunk. Good times!
I want to be on a team like this so bad
"We spent the remainder of the weekend drunk."
That's the only part of this story i find believable...
@@kruleworld I don't really care what you believe. I was there, you weren't.
@@AeroGuy07 wow, that joke when way over your head
@@kruleworld calling me a liar is joke? Please, explain.
THE FAKE ACCENT I DIED LAUGHING
😂
RIP
An English guy from Brisbane maybe...
@@philiprowney I dunno, I only counted a couple of times it slipped into Aussie, that puts him easily in the top 0.001% for American attempts at British accents haha
Cringing so hard
2 years, and I still come back to this part alone 2:24, man I love Jay Lamm, he is a treasure and must remain protected at all costs
You know how to make a small fortune??
Take a Big fortune and go racing.
3100 capris i mint condition go for 50k£ in the uk
rah the had a hidden gem
Absolutely love it. God damn this channel rules. It reminds me of like , the British Top Gear run by a guy who really seems ostensibly English, with a great personality , bringing on guests who *should* (and in one case .. was) have been presenters on a successful version of the US Top Gear.
Haha even from the thumbnail you could see it was an RS3100. Thank the lord it was saved lol
"I just can't see how this can go wrong"
😂
We look forward to seeing you again fine sir! 😁
Dungeons & Dragsters might be the best idea I've never heard.
Roll D20 for save vs. wall.
"The Brits love 'em, they love them in Australia".
Your accent was a combination of both.
But not even close for either.
That RS3100 is so collectible.
That was also an RS2600.
THey ran in many touringcar championships next to BMW 3.0csl and Alfa Romeo 2000 GTam , Opel Commodore GS/E. Glad that can got saved.
I had a capri perana 302cu back in 1977 when I was 18yrs old the guy I sold it to still owns it to this day and I am in New Zealand
Capri RS 3100s are currently +40k in the UK in mint condition.
The plates you can see at 3:42 are actually old plates from my hometown, Saarbrücken (=SB), in Germany. Under the hyphhen used to be a round sticker with the city's seal and above a round coloured one which showed the month and year of your next TÜV check. I wonder were they got them from. Made my day!
Th' way Jay does accents is INSANE!!!
Ahhh- NO! That was terrible. Just like when ANY American does an Aussie OR Brittish accent- they both sound equally bad and incorrect
@@danielbrealey2924 I bow to your superior wisdom, sir! In retrospect, I should have known: NO Yank can EVER hope to do a halfway acceptable impression, let alone imitation, of an Aussie OR Pom accent. Nope. Never happen. Never has; never will.
I'd say it was as funny as it was bad :P
Sounded like a passable Dick Van Dyke accent to me. :)
ED, i look forward every morning to new videos, keep them coming, happy new years!
10/10 story
Had a 1979 Capri, which was basically a Mustang with some flourish. A few years later traded it in for an 1983 Mustang. But I would love to have had one of the Capri's !
Ford US wouldn't give Europe the Mustang (which they wanted) ..so Ford Europe made their own.
As soon as i saw the thumbnail ,"holy shit , thats an RS!"
If you want to see just how badass the yellow capri was. Check out what it was homologated into by searching" cosworth capri rs3100" or "cosworth GAA" .serious bit of kit.
I still feel like Sierra XR8 is most crazy homologation special atleast from Ford.
"Nobody ever made money with racing"
"Hold my F1 World Championship trophy" - Ross Brawn
The team is losing crazy amounts of money
With the available numbers, Red Bull Racing have actually been in the black for the last couple of seasons. Also, these companies can justify the massive budget for the F1 teams as marketing costs - Ferrari would not have the brand it does without having competed every year in F1 for the last 60-70 years.
Well, he's right, Ross actually made a fair amount of money. He bought the Brawn team from Honda for one quid and sold it a year later to Mercedes. Hint: he didn't sell it for one quid 😉
I'm pretty sure he meant if you, as an individual, decided you were going to make money racing, you wouldn't. You spend more than you win to keep the car going.
@@migueljbento and you believe that this was sale tag price? This nad to be some sort of agreement and he got an oportunity to but it for a quid instead of smth.
That was the best story you've collected guys. Absolutely priceless.
How can you not know the RS Series Capri? That´s like the holy grail of Capris! My father actually owned a RS2600 back in the day, kept it a few years and sold it on for a profit when he felt the engine was about to let go.
It's like a Yenko Camaro or a Shelby Mustang to Capri nuts.
Great story and great story telling.
I look forward to more mad-cap stories!
My first new car was a 1972 Capri V-6 w/4 speed($2950.00 new). The speedometer went to 140, my fastest was 135. I LOVED that car! I ran it in road rallies & always beat the crap out of those Porche 914's. I had it parked where I worked & a semi was making a delivery in the real of the store & he backed the trailer over the hood, up to the roof line!! He... KILLED... my... CAR !!!!!!!
This guy needs to tell more stories
24hoursoflemons has its own YT channel...
No. Don't get him started. Jay can tell stories until the end of time.
"So, the cars have to be $500 or less?". Lemons: "Well yes, but actually no"
You guys finally got the lemons guys on!
Many years ago my brother had an RS3100 (rusty). It was stolen and abandoned.The engine was wrecked, the insurance paid out 'cause their man had a buyer regardless of condition. He will have paid a fair price then spent a great deal restoring a collectable. Ford continued with this body style after the new shape was released in order to make the homologation number. (UK) Not bad with the accent by the way!
I never even heard of a Capri before. Thanks for sharing.
Not even a Mercury Capri?
@@kruleworld Nope.
I put some Cortina go fast parts as well as 60 series BFG’s on my 71 Capri and it was still a slow autocrosser:(
My old man had a 72 Capri back in my childhood days, it was the V6 GT model painted candy apple red w/ gold striping up the bodyline and had the Super Roo badge behind the front wheel arches. He sold it when I was 11 for $14,000 (aud).
Fast forward 6 years, we see the car in the yard of the guy that brought it completely stripped and sitting in a paddock behind a boat shed. Shell was completely stuffed, busted glass everywhere the works. Made the old man shed a manly tear.
Get jay back for more! Great story!
I can't even remember the fellows name who owned the 1973 RC Cola Can Am 917 Porsche team. He didn't stay in the sport long but he had the best line ever on money in Motor Sport. "I know there's money in racing, lots and lots of money.........because I put it there."
Congrats on a million!
1971 Capri was my first car. It had severe understeer build in.
4:03 *the real car wizard*
Pinkamena Diane Pie HAH
"AH FUCK NOW I GOT A CAPRI"
im literally dying, this guy is amazing
How do you make a small fortune racing? Start with a large fortune
Great story, well told! Love the Brit accent, cor blimey mate!
MORE LEMMOSN STUFF PLZZ!!!
cheers
What a fantastic story! Thanks for sharing!!!
Best channel out 💗
German made capri, indestructible, I had one as a work car , it had been used as a rally car for years when I got it. Drove it for 18 months just added oil to engine, it still ran when I sold it to junk yard for more than I paid for it.
great story, great storyteller!
A Capri RS 3100 in Daytona yellow ain't no lemon ,and it doesn't matter what condition it's in .
Love the Lemons content.
You got a guy who's in charge of Lemons trying to do a Limey accent but ends up sounding like a drunk from Oz.
Perfect!
Yeeessss!!!!!!! So glad jay in finally on here
This guy is a Great story teller more please!
And that is how I did a poo on a chihuahua in my garden ..... "winwiki music plays"
This guy's a superb storyteller
MK 1 capri RS 3100 cosworth lol what a find, big guards and quad lights, big duck tail, there was also a RS 2600, all the RS spec race cars were special order hand made in the Ford factory in Cologne Germany along side the normal homologation road cars on the nor,mal production line ,i think the Zac Speed turbo Grp 5 Capri RS 3100 made over 315 kW at the rear wheels in 1975 tho bit of a hand grenade, one sold recently for over 1 million pounds as raced, unrestored .
I stumbled across this by accident, I have a Capri sat on my drive. I wish it was an RS3100 though, or an RS2600, these cars are extremely collectible here in the UK and fetch a fair price. Also his accent was far more Australian than British.
Lemons racing is goals.
Capri thumbnail! Yaaaaas!
This guy is a great storyteller.
Lemons is the only race series I'm left watching, in my old age.
More from this guy -- he can tell a story.
That Mad Max Livery on that Capri was sick, 10 out of 10 would daily
24 h of lemons and the man himself on vinwiki at the same day
Is is christmas again?
I'm English and that accent made me fucking LAUGH XD
feels like the story is unfinished ! did they win? did they lose?did they double the money again ?
Me trying to recognize the guy in the first few seconds because i remember him from somewhere..
Ooooooo
Lemons!!!!!
That’s literally the rarest fastest coolest Capri so glad it didn’t end up getting raced and ruined
I like that guy, need more of those for sure.
3:41 Second from the Left... Is that Yellawolf!?!?
@1:37, after years slumming it with the peons in Radiator Springs, Lightning McQueen is still trying to impress the ladies with a balding mullet an a beer gut. "Ka *cough cough* ....chow!"
Us Brits go nuts for old fords 😂😂😂
What do you mean you can’t make money racing? Obviously Jay wasn’t referring to the concession trailer that sells .10¢ Bar-S hotdogs for $3.75🤑🌭
Eddie Jordan,Peter Stodart,Tyrrell,Peter Sauber say,hold my beer😂
As a part of my job, I deal with people who want to make specialty investments. This ranges from pieces of art and jewelry, horses, and also cars. Along with this comes people who want to invest in race cars and race teams. This might sound pretty niche and it sort of is, but you would be amazed at how many wealthy investors are just dying to invest in race cars and race teams. I think I've done about 50 of these deals, and I can only think of one that actually ended up being a profitable investment. I'm not gonna get into how these deals are generally structured, but when he says no one makes money in racing, he really isn't kidding. The one deal I remember making a profit was an older gentleman who invested in a GT4 team by purchasing 75% of an Aston GT4 and then putting $100,000 into operational expenses for the team. Apparently the guy was very well connected because within a month the team had secured several large sponsors worth about $150,000 per year. I think the team ran for about three years like this and then sold off the car and everything else and the guy ended up making about $90,000 in profit.
Ed I got an extra seat if you’re looking. I’m ATLANTA based as well. Or we can build another one if you’re not in love with RX8’s. But there’s nothing more reliable the a rotary. That’s a thing right?
Good morning, I hope your Tuesday goes well!
So basically, they made money by buying and selling cars, not by racing lol
And they lost 2k with the crashed capri
when I saw the picture I knew the was not an normal capri
Finally we get a big dog in the automotive world! I've been a fan of Jay and his writing for a long, long time.
Hell yeah go Jay!!!
he had me at 10 sided fuzzy dice
I remember seeing this car on BAT. I was so tempted to bid on it cause I thought it was a hunk of junk that I could have a blast in... Then it sold for too much and I bought a Fiat instead...
You wanna see a cool Ford Capri google Dave Brodie black Capri , he was a director of Williams Formula 1 ....yes “That” Williams F1
Where's the rest of the story?
These guys have to be the luckiest SOBs on earth
WAIT WAIT! I wasn't done listening to the story!!
Love this tour!!! Iove it !!!
The guy who thinks racing makes money is the guy trying to sell you a phone card pyramid scheme.
I got a 77 mustang they can have for 300. :) Its got a rusty 4 banger in it. If they put a bigger carb and a turbo on it they might get some decent action out of it.
How to become a millionaire. Start as a multimillionaire with a racing team.
Bro in dubai there is a competitive drag race track they race for money. Average is 5000 dirham. U can also watch people race
I wanna hear more...!
YES JAY!!!!! #24HOURSOFLEMONS
I would like to hear him explain the bribing situation.
Corruption and cheating is rife in sport and other organised activities. Lemons is open about it. If you exceed the budget or you show dubious evidence, it's bargaining time: To avoid a ton of penalty laps, you need one or more of the following:
1. Novel and humorous theme (not Blues Brothers, Family Truckster, easy race livery), with quality compensating for a lack of novelty.
2. Unusual or notorious car (korean sedans, Chrysler Avanti etc)
3. Bribe the judges with food, beverages or relevant gifts (e.g a rare part for a judge's project car, suitcase of spaghetti-ohs), and/or food, beverages etc for the marshalls
4. Have a very poor chance of running well (e.g Roadkill) or driving well (e.g Car & Driver)
5. The Epic Concept: twin-engined Honda Odyssey; Ford Contour with a Mustang body and a Hoonicorn paintjob; Viper-enginged Rolls Royce; Upside-down Corvette, sideways VW Microbus, 4-poster bed, "The Spirit Of Lemons" Cessna-bodied Toyota minivan (these last 4 were all by SpeedyCop).
The 302 weighs less than 100 lbs more...Driver error.
Last time I was this early I was wishing I was in college and getting a call from Ed about a free Porsche
I need to move the states... a $500 capri is £2000+ in the UK, they are pretty crap cars in all honesty but i've still wanted one for 15 years. The V6's were notorious for being front end happy, i'm not suprised there's planted into a wall with a 302 in it. I was told it was pretty common back in the day to put two bags of cement in the boot to keep the back end down.
Jay Lamms rules!
Funny enough, sounds like my experience with insurance totaling my cars. 3rd car in and I havent had to save money for a car since the first one.