Does anyone know whats happening with Dago Red? Did Frank Taylor get it back again after it was sold via the bank to Eric Hoffman? Is it going to fly again soon?
Announcement
Collapse
No announcement yet.
Frank Taylor, Dago Red
Collapse
X
-
Re: Frank Taylor, Dago Red
Originally posted by spitfire View PostDoes anyone know whats happening with Dago Red? Did Frank Taylor get it back again after it was sold via the bank to Eric Hoffman? Is it going to fly again soon?
-
Re: Frank Taylor, Dago Red
Originally posted by Race5 View PostFrank did not get it back, it won't fly soon, and when it does fly it will be a stocker.
One thing I've learned in my nearly 61 years, of which over 30 have been spent at the races, NEVER say never... Ya just never know....
Wayne Sagar
"Pusher of Electrons"
Comment
-
Re: Frank Taylor, Dago Red
There is all the info you need. Airplane is not in Alaska though. Have to write a snail mail letter to Mr. Hoffman though.
Comment
-
Re: Frank Taylor, Dago Red
Originally posted by Bob View PostHow about posting the current owners email addy so we all can email him and let him know that Dago Red belongs at reno! Maybe a thousand or so emails from us fans would help tip the balance?
Comment
-
Re: Frank Taylor, Dago Red
It's things like this I can just never wrap my head around. Why take the fastest racer ever out of competition to put it back to stock? While I certainly understand these beautiful warbirds are not becoming more plentiful, there certainly are still plenty of stock Mustangs left in flying condition. We don't need another one, not if means retiring the fastest racer ever!
Comment
-
Re: Frank Taylor, Dago Red
Originally posted by grampi View PostIt's things like this I can just never wrap my head around. Why take the fastest racer ever out of competition to put it back to stock? While I certainly understand these beautiful warbirds are not becoming more plentiful, there certainly are still plenty of stock Mustangs left in flying condition. We don't need another one, not if means retiring the fastest racer ever!
Did you know that back in 1990 both Dago and Stiletto were put up at the Santa Monica/Museum of Flying auction for some insanely low opening bid price...and nobody bid on them?
There are only a few people in the world who can afford it that owning a RACER appeals to...and right now, most of those people already own one. Or more, if you're Rod Lewis. A stock warbird is 'worth' more restored on the open market than it is as a racer. If I can buy a million dollar racer yet restore it so that it's worth double...that's a hard equation to argue with. Good business AND a good deal.
Did you know that Doug Matthews had his P-51 "The Rebel" torn apart in Tiger Destefani's hangar with every intent in the world of modifying it as an all-out racer a couple years ago? Then LD and Tiger started talking about the costs associated with operating it in racing configuration. And you'll notice that it's a really nice stocker again.
That's why.
Comment
-
Re: Frank Taylor, Dago Red
Originally posted by Big_Jim View PostWhy? For the same reason that John Crocker decided to turn Sumthin' Else back to stock. For the same reason Alan Preston decided to turn Stiletto into a TF-51. For the same reason that everyone teases that it's only a matter of time before Dago, Precious Metal, and Voodoo become TF-51's as well. Because as a racer their 'market' value only appeals to a very small slice of the warbird market 'as is'...and the operating costs go up as exponentially as the 'value' of the airplane goes down. 99.95% of the people in the world who can afford to buy/own a P-51 are not interested in racing one.
Did you know that back in 1990 both Dago and Stiletto were put up at the Santa Monica/Museum of Flying auction for some insanely low opening bid price...and nobody bid on them?
There are only a few people in the world who can afford it that owning a RACER appeals to...and right now, most of those people already own one. Or more, if you're Rod Lewis. A stock warbird is 'worth' more restored on the open market than it is as a racer. If I can buy a million dollar racer yet restore it so that it's worth double...that's a hard equation to argue with. Good business AND a good deal.
Did you know that Doug Matthews had his P-51 "The Rebel" torn apart in Tiger Destefani's hangar with every intent in the world of modifying it as an all-out racer a couple years ago? Then LD and Tiger started talking about the costs associated with operating it in racing configuration. And you'll notice that it's a really nice stocker again.
That's why.Last edited by grampi; 04-19-2012, 01:35 PM.
Comment
-
Re: Frank Taylor, Dago Red
Originally posted by grampi View PostMakes sense, but wouldn't it have made more sense for someone who already races a Mustang to buy Dago when it was sold as a racer and use IT for racing and turn their current (and slower) Mustang back into a stocker to sell?...considering Dago was the fastest unlimited racer at the time it was taken out of racing...one would think one of the other teams racing Mustangs would've been chomping at the bit to get their hands on a Mustang as fast as Dago...who wouldn't want to go from being merely a contender every year to being the one favored to win every year?
As Big Jim said, the market is small and there's few operators for such machines.
One can wish all they want that simply buying a racer makes it an instant competitor. Very few people know how to operate the race motors and one needs a crew who is knowledgeable in the systems and such to support it. If one were to buy Voodoo as is, they sure better know what goes into such an airplane to operate it. Racing a 350mph airplane is much different than fielding a gold class competitor. Try going out and running the indy 500 with a crew and driver that doesn't know the car. It doesn't happen overnight.
Michael
Comment
-
Re: Frank Taylor, Dago Red
Originally posted by Mluvara View PostOne can wish all they want that simply buying a racer makes it an instant competitor. Very few people know how to operate the race motors and one needs a crew who is knowledgeable in the systems and such to support it. If one were to buy Voodoo as is, they sure better know what goes into such an airplane to operate it. Racing a 350mph airplane is much different than fielding a gold class competitor. Try going out and running the indy 500 with a crew and driver that doesn't know the car. It doesn't happen overnight.
The new owners felt that they were smart enough to figure it out on their own and that it wasn't worth the 'extra' money.
Biggest mistake they ever made. Their success has been a shadow of its former self, because not only do they lack the personnel who knew how to exploit it, but also the 'road map' to make it happen.
Comment
-
Re: Frank Taylor, Dago Red
Even though it's in a ton of pieces now, I'd rather see a plane like Dago sitting in the Smithsonian than flying as a TF!!
I really can't believe I just said that, it goes against my belief that they all should be flying, but that plane should not be a TF.
Comment
-
Re: Frank Taylor, Dago Red
Tim, what if you got to take your camera up in the back of that plane. Would you like it then?
I do agree that it would be hard to look at as a TF thoughLast edited by Ken from PG; 04-20-2012, 02:07 AM.
Comment
Comment