NOT SO MUCH ACTION?
Some news that isn't good for NHRA's professional class
racers is that Action Collectibles, the folks that make
all of those neat die-cast cars, had a very bad 2004. According
to a report in the Dec. 26, 2004 issue of Street & Smith's
Sports Business magazine, Action
had revenues of 344 million
bucks in 2004 but their net income was just $500,000. In
2003 the company had 370 million in sales and a net income
of 24.2 million! The article speculated that Action was
close to violating some terms on a major bank loan.
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So, you may be asking, how does this effect drag racing?
Well, many of the smaller professional teams make a good
chunk of change in the course of a season selling die-cast
cars. That is also part of the reason we see so many paint
scheme changes during a season. Every time a team changes
the paint scheme, a new collectible car is generally issued.
According to some collectors the Agent spoke with, the
problem is that the market is saturated and, worse yet,
instead of making 5,000 units as they used to, Action now
issues 10-15,000 and the cars are then not so collectible. [1-4-2005]
BITING COMMENTARY
Midwest drag racers Kyle and Deb Fickler sent the Agent
this photo of their daughter Danika. Since the cutey is
literally cutting her teeth on a "Wally," can
there be any doubt of the sport in her future? (And lest
there be any misinterpretation, this is not a threat on
Mr. Parks.) [1-4-2005]
TAG TEAM WELDING
The Agent got a note saying that 2005 would be the 38th year
that Dave Siipola and Paul LeSage have been working their
magic at the races. Siipola of Trans End (dsiipola@aol.com)
and LeSage of Team Torch (torch@oakley.com)
will be welding and making repairs at all NHRA National
events again this season. A tip of the Agent's fedora to
these two, who are welcome sights in the pits when things
have gone wrong. [1-4-2005]