After a year marked with highs and lows, and missing the second Cup Series championship by whiskers, will the 2024 season finally be the year of Hendrick Motorsports speedster Kyle Larson? Apart from his participation in the Cup Series and Indy 500, the driver is also set to diversify his sprint car series High Limit Racing along with his brother-in-law Brad Sweet.
The sprint series in its inaugural season had drawn accolades from the racing community and was a success, to say the least. Owing to the unprecedented outcome, the mid-week race series, which is set to enter its second year, is set to be a competitor for the World of Outlaws. However, it seems that it is too early to count the chickens for Kyle Larson as a NASCAR insider delved deeper into the economics of the sprint series on his latest podcast series.
Insider dissects the possible outcome of High Limits Racing
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The High Limit Racing which is co-owned by World of Outlaw champion Brad Sweet and 2021 Cup Series champion Kyle Larson is set to broaden its horizon in its second year. The series is set to incorporate more events and evolve into a 50-plus race series and also increase the driver payouts to more than $5 million. Moreover, the series also strengthened its partnership with FloSports, after inking a multi-year agreement for the broadcasting rights.
Although the series seems to imbue hope among the sprint racers, there seems to be a steep hill that they will need to overcome before attaining the same status as the World of Outlaws. Speaking on such challenges, the host of Dirtracker spilled the beans on the financial challenges of the series. The host expressed, “As we continue to see more teams join High Limit, we are starting to get into the territory of too many cars for the system.”
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“Once we start getting beyond 12 cars, the economics for those down the order, start to become more difficult as those teams cannot make features or enough money to be able to survive on the road. I think it’s highly likely that High Limit goes to Florida with maybe close to 20 teams but come Texas at the end of the season, that number will be smaller. If you look at the teams at the Outlaw standings in 2023, we talk about Robbie Price, and maybe Noah Gass, you can see where the money starts to break down.”
“Robbie Price had just shy of $90,000 in race winnings, you track on another $30,000 or $35,000 in tow money, plus the end of the season point fund at $52, 500, that’s not even two hundred grand for the season. It’s pretty tough to run a 410 sprint car operation on tour without significant sponsorship funding at that level.”
The flexibility of the series could prove to be detrimental to Kyle Larson’s series
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The second season of High Limit Racing is set to provide immense flexibility to the drivers regarding their participation in the non-High Limit races. Furthermore, the series has promised to award the champion of the series with $250,000 and the team with $1 million.
Owing to this, the host, continuing on the same lines, asserted, “The same economics will apply to High Limits. I think the newness of High Limits and the potential freedom are drawing in a lot of teams early.”
“They can now get in with the hopes of maybe getting close to the charter threshold and hope things kind of go their way. And if they don’t, these teams will be no worse off and can fall off from the series,” he added.
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With that being said it will be interesting to see what awaits for the budding sprint car series. Will the apprehensions as stated by the host come to reality or does the series have a bigger picture in account? Well, only time holds the answers to this.