Quote:
Originally Posted by Cannon Shell
The cost of ownership is not going to go down because the basic expenses are only going to rise in cost. Hay has tripled in price in 4 years because of drought conditions in many areas and increase in fuel/shipping costs. Other feed like grain, etc has also risen for similar reasons. Workman's comp is not going down, liability ins is also more expensive and is now required in many jurisdictions(which is a good thing but hasnt always been required and hence is another expense). Labor costs continue to rise especially in NY where you are forced to pay employees under conditions that don't match their jobs. In other words we aren't paying them as agricultural workers but as though they are employees in a warehouse or 7-11 who work a basic 40 hour work week.
The little guy can still compete at the B level tracks but it doesnt make sense to try to do it in NY or CA. You pay a lot less in expense money at smaller tracks and run for similar purses to the big guys.
|
One of your better posts.
The middle of the road owner has all but been eliminated due to many reasons.