Al-Anabi leaving racing

I would speculate that the lower oil prices are costing them money and running Fuel and Pro Mod teams is very expensive so something had to give. As a lifelong educator though I'm not familiar enough with the economic structure to say this with certainty so my opinion is nothing more than an educated guess. Living in Texas I have friends/family in the oil field business and they're complaining about how it's hurting their paychecks but from the consumer's viewpoint it's very hard to argue with gas under $2 a gallon. $1.94 here in East Texas.

Scott

[Lyn Smith]

Lets see they made bazillions off of us for 40 plus years, now oil prices drop and in 2 months they are broke?I really feel for them.LOL

[mopacltd]

Qutar is in the natural gas business, not oil.

[Tim Kish]

I just think they probably had their fun and are on to another flavor of the week hobby. Not to mention that they built a nice facility of their own and have bought enough cars and knowledge to be able to race at their own facility - Pro Mods are going as fast or faster over there than they do here.

[Lyn Smith]

Acording to wikipedia "Qatar is the richest country per capita in the world,and has the third largest natural gas and oil reserves in excess of 25 billion barrels".

[FireSale]

"Ceasing all motor sports activities in North America" has a political twang to it. Aren't they (Qatar) bickering with allies of ours right now? Egypt??

Dale

[treessavoy]

It's a dam shame when a plain ole Billionaire can't afford to go racing anymore...feel sorry for them. Note: sarcasm.

JimR

[MR DERBY CITY]

It's a shame for Alan Johnson, Langdon,and their families ...given the short notice that they received. M.J.

[Mike Pearson]

Originally Posted by Tim Kish

I just think they probably had their fun and are on to another flavor of the week hobby. Not to mention that they built a nice facility of their own and have bought enough cars and knowledge to be able to race at their own facility - Pro Mods are going as fast or faster over there than they do here.

My thoughts too

[FINESPLINE]

Originally Posted by mopacltd

Qutar is in the natural gas business, not oil.

You might have hit that one one the head. Considering all the the natural gas deposits in the the U.S. and all the fracking going on here, it might be driving the prices down affecting their economy. Play money getting a little short to come by. My $.02