I think they will *eventually* care about race registration, if this takes off. That's sorta an "easy" money grab, especially if it takes off. But if you are telling me they *NEED* race registration numbers right now in order to have a 2-5 year run of this? No I don't think that's the case. I think they have the capital to give it a real "go". Will that "go" make it? Maybe it does, maybe it doesnt (I'm in the it won't make it category, but love the effort).
I'm still at a bit lost at "host fees" because for the most part, every PTO race has been attached to "big events" correct? The 1st PTO event is "piggy backing" off an Challenge / WT "regional championship" event at the Miami speedway 2nd weekend of March. Thus does PTO need to do it alone, if they have venues they can "piggy back" off of in this build up period (IE- pay host fee to get added to the schedule and the associated additional costs to said RD)?
It seems like the Las Vegas is going to be very much "PTO driven" event, but even the '24 schedule they are doing a ton of "piggy backing" off events. Which I don't really think matters in the grand scheme of things because their bottom line is in the broadcast of the product, not in the health of the mass production numbers are (that is important for every other RD/race production company).
I dont think you can talk about sponsorship and include IM. IM doesn't need sponsors like PTO does. But the PTO has a better "pro product" in terms of broadcast now and is the focus whereas IM's pro focus is about 4th on the list of imporatance; so yes sponsorship/ads is going to be where this makes or breaks.
What about Island House burned you so much? That was from day 1 some billioniare wanting 20 pro athletes to play tri with him on some secret bahamian island, and oh I guess they were going to "broadcast" it. I don't think anyone thought that was ever going to have legs. The sub 7 project seemed to be waaay more of a 1 time angle (especially now that the records were set), vs some sustainable "real attempt".
That's where I think this PTO adventure differs than the 2 events that seemed to "burn" you. Nothing about them was long term reliable, this is a real attempt at long term viable pro racing.
Brooks Doughtie, M.S.
Exercise Physiology
-USAT Level II
I'm still at a bit lost at "host fees" because for the most part, every PTO race has been attached to "big events" correct? The 1st PTO event is "piggy backing" off an Challenge / WT "regional championship" event at the Miami speedway 2nd weekend of March. Thus does PTO need to do it alone, if they have venues they can "piggy back" off of in this build up period (IE- pay host fee to get added to the schedule and the associated additional costs to said RD)?
It seems like the Las Vegas is going to be very much "PTO driven" event, but even the '24 schedule they are doing a ton of "piggy backing" off events. Which I don't really think matters in the grand scheme of things because their bottom line is in the broadcast of the product, not in the health of the mass production numbers are (that is important for every other RD/race production company).
I dont think you can talk about sponsorship and include IM. IM doesn't need sponsors like PTO does. But the PTO has a better "pro product" in terms of broadcast now and is the focus whereas IM's pro focus is about 4th on the list of imporatance; so yes sponsorship/ads is going to be where this makes or breaks.
What about Island House burned you so much? That was from day 1 some billioniare wanting 20 pro athletes to play tri with him on some secret bahamian island, and oh I guess they were going to "broadcast" it. I don't think anyone thought that was ever going to have legs. The sub 7 project seemed to be waaay more of a 1 time angle (especially now that the records were set), vs some sustainable "real attempt".
That's where I think this PTO adventure differs than the 2 events that seemed to "burn" you. Nothing about them was long term reliable, this is a real attempt at long term viable pro racing.
Brooks Doughtie, M.S.
Exercise Physiology
-USAT Level II
Last edited by:
B_Doughtie: Feb 4, 24 9:35