hiro11 wrote:
Here in Chicago, people spend hundreds of thousands of dollars on boats they use maybe two months out of the year on the ultra-choppy Lake Michigan, paying tens of thousands to store them the rest of the year. I routinely see people commuting in stop and go traffic in $200K performance cars. I once saw a guy driving a GT3RS on Pilot Sport Cups in a snowstorm on I290. I know lots of people who blow $30K every single year on Disney vacations. I was in a sneaker shop the other day that was selling a pair for $10K (Yeezy Red Octobers, for those sneakerheads out there).
People blow money on all kinds of stuff. Look at the stats on revolving credit, millions of people in this country are drowning in debt as a result of buying things they don't need. Storage locations are sprouting like mushrooms around where I live because people need more room to store all the worthless crap they bought. There are at least three huge facilities within ten miles of my house for storing luxury cars. I was down in Naples, FL a few weeks ago where people build $25MM houses on the beach they visit for maybe a few weeks a year.
My point is a goal oriented hobby that makes you fit is surely one of the more defensible ways to blow money.
What is odd about it, is 99% of people have to bust their balls, train and qualify. But someone is paying $50k to circumvent the qualification process. I have no problem with people paying extortionate amounts of money for a race, as long as everyone is in the same boat i.e everyone pays, no qualifying. It's black and white, it's either a race you qualify for or it isn't. If they want, have a separate race the day before for celebrities, lotteries and those that didn't qualify and want to still race.