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This Is How Much It Costs To Run A Professional Race Team

Racing is expensive. The cars, the trucks, the tires, hell, even the snazzy polo shirts with a little logo on it all cost money. But it’s always been a mystery just how much money. Until now. Here’s the story of how one team spent more than $150,000 on all of it – and that’s just for one race. » 8/21/15 1:22pm 8/21/15 1:22pm

Miller Motorsports Park's New Chinese Owners Plan To Keep Racing In Utah [UPDATE]

Reports came in earlier today said that Miller Motorsports Park, Utah’s premier race track, was about to be sold to Geely Automotive, a Chinese company primarily known in the U.S. for owning Volvo. But it turns out the new owner isn’t quite Geely Automotive, though it is a subsidiary. And they plan to keep MMP right… » 8/18/15 9:35pm 8/18/15 9:35pm

Report: Volvo's Chinese Owner Is About To Buy Utah's Miller Motorsports Park [UPDATE]

Miller Motorsports Park, a gorgeous race track in Utah, is up for sale. That much we knew, but what we didn’t know was who was going to happen to it. But a new report from a local news station says that Geely Automotive – yes, that Geely, the Chinese company that owns Volvo – is going to buy it. » 8/18/15 5:18pm 8/18/15 5:18pm

50 Cent Owns An Absolutely Awesome Suzuki Kizashi Sport

50 Cent, rapper, artist, video gamesman, and someone with the business savvy and acumen to top Donald Trump, has declared bankruptcy. We’ve already learned much from it, such as that he didn’t really own a Lamborghini. But we did just learn something incredible – he owns a Suzuki Kizashi. A Suzuki Kizashi SPORT. » 8/06/15 4:26pm 8/06/15 4:26pm

Here Are the Internal Documents that Prove Uber Is a Money Loser

Uber, Silicon Valley’s prized amoral unicorn, is presumed to be a financial titan and a sure-thing IPO in the near future. Which may be true. But one thing that’s frequently missing from the conversation about its inevitable dominance over virtually every facet of our lives is the answer to a fundamental question:… » 8/05/15 1:24pm 8/05/15 1:24pm

How Fast Do You Want To Spend, Part 2

In Part 1, I looked at several forms of low cost motorsport to determine which had the most cost effective price to seat time ratio. Many comments later, enough people had asked about other forms of motorsport that I hadn’t considered, I had enough to write a follow-up article and compare them all. » 5/21/15 10:33am 5/21/15 10:33am

You Think Your Taxes Are Bad? NASCAR Drivers Have To File In 20 States

Today, April 15th, is Tax Day. And you think this is a problem for you, because you are ever-so-slightly disorganized. But today should be the one day you thank the Lord On High that you are not also a NASCAR driver, because doing a NASCAR driver’s taxes is a pit of the deepest, darkest, hottest hellfire. UPDATE » 4/15/15 4:26pm 4/15/15 4:26pm

The NASCAR Hall Of Fame Has Been A Financial Disaster For Charlotte

NASCAR's Hall of Fame was supposed to be a great temple to the sport, filled with throngs of devoted fans during each hour it was open. Except the fans never showed up, and the great temple has been hemorrhaging cash. Which really wouldn't be a big deal, except now the City of Charlotte, North Carolina is paying for… » 2/11/15 4:49pm 2/11/15 4:49pm

Raising A Kid Costs Almost Exactly As Much As A Porsche 911 GT3 Cup

The latest article I came across on #millenials at Refinery 29 had a curious statistic: it now costs over $245,000 to raise a middle-class kid to the age of 18. That's an interesting number because it only costs $243,273 (before tax) to buy a new 991-generation Porsche 911 GT3 Cup. » 1/28/15 8:35pm 1/28/15 8:35pm

Chaos ensues as armored truck spills $4.5 million on a street

Dozens of Hong Kong motorists and pedestrians rushed to grab loads of money after an armored truck's doors opened by accident on a busy road, spilling about 4.5 million US dollars in HK$500 notes (US$65) on Christmas Eve, reports the South China Morning Post. Check out all those frantic bastards. » 12/25/14 5:37pm 12/25/14 5:37pm

The Best Time and Time of Day to Book Airline Tickets

If you're looking for a deal on airfare, common wisdom is to book early and be flexible with your dates. While flexibility is good, the advance part may cost you money. Peter Greenberg, CBS News' travel editor, shared some of his tips to save money and avoid costly mistakes when booking airfare. » 11/27/14 1:28pm 11/27/14 1:28pm

States Saving The Most Money On Gas

Oil prices are falling sharply and lower oil prices leads to lower gas prices. Before you buy that SUV you always wanted, you might want to find out how much you can really save. We already told you about states with the highest gas tax, but now we figured out what states are benefiting the most from the recent… » 11/10/14 2:44pm 11/10/14 2:44pm