Track Days The Movie

Track Days The Movie on Shark Tank

Motorcycle Movie - Season 4 - Episode 425

season 4, episode 425
  James LaVitola is a former Hollywood Stuntman that has a story too tell. In fact it's such a good story that he wants to make a major movie "Track Days" and bet millions that it will be successful at the box office. If there is one thing about season 4 of the Shark Tank that really stands out, it would be the large range of businesses and opportunities that now have a shot at getting on the show. Not only will this be a completely different pitch but it will also be one of the largest investments ever asked from the Sharks.

There's Big Bucks to be made in a major movie produced by professionals and along with it comes a huge risk that it will be successful and actually make a profit. Fortunately James LaVitola and Brian Pitt are no strangers when it comes to successful movie productions. LaVitola was a stuntman in Block Buster's such as the Fast and Furious and The Transformer's while Pitt is a famous movie producer with years of experience behind the camera. Together they want to make an action packed movie about professional motorcycle racing.

Making a Hollywood Movie does not come cheap and it will most likely have the Sharks squirming in their chairs when they find out how much James and Brian will need to get Track Days the Movie produced and into the movie theatre's. From their past experience's and from Friends in the industry that have agreed to work on a reduced budget, they figure they can produce a $40 million dollar high quality movie for around $15 million. To get it off the ground and start production they need to come up with the first $5 million with the remainder $10 million coming later in the form of sponsors, gap loans and tax incentive's. From what I gather they are still $2 million dollars short of their goal and this is where the sharks come in.

This will definitely be a very interesting set of negotiations and possibly a very risky one for the Sharks considering how much they will be asked to invest this early in the game. How big of a percentage they could get for the much needed $2 million may even be too rich for the Sharks if they can not add tremendous value to insure it's success.

Track Day's "The Movie" Before the Shark Tank

 Coming from someone that Loves Action Movies above all others, I would love to see this motorcycle movie get produced so I can brag that I first heard about it from the Shark Tank Show. I'm also a huge fan of stuntmen as that was my main passion for several years when I was a little younger and would naturally be attracted to a movie such as Track Days. As much as I would love to see this movie get made, I'm not so sure the Sharks will be willing to invest such a large percentage to get it into production.

One good way that a few entrepreneurs that did not get a deal with the Sharks but still took full advantage of being on the show, was to start a Kickstarter campaign that co insides with the episode they are on. It looks like that's exactly what LaVitola and Pitt had done trying to raise an additional $2 million to get this movie made.

At the time of this writing they only have 13 backers for just a little over $1k of their $2 million dollar goal. Hopefully after 7 million people see the Shark Tank Show this Friday Night, this number will sky rocket and bring out motorcycle enthusiasts in droves. It will definitely be interesting to do a follow-up and update on their progress on this Hollywood Movie.

trackdaysthemovie.com

Motorcycle Stuntmen for "Track Days The Movie"

James LaVitola
Nicky Hayden
Valentino Rossi
Casey Stoner
Ben Spies
Michael Doohan

3 comments:

  1. Anonymous9:47 PM

    Do they still need a screenwriter? How can one get in contact with them?

    ReplyDelete
  2. Anonymous9:48 PM

    The episode aired on May 10. It looks like after the episode aired, they only got 3 more backers before giving up (although one of them was for a relatively-impressive $10,000). The Kickstarter page now says:

    "16 Backers
    $11,180 pledged of $2,000,000 goal
    Funding Canceled
    Funding for this project was canceled by the project creator on May 16."

    ReplyDelete
  3. It is interesting that the sharks did not understand that they were asking for money to go into an escrow account with a deferred decision to actually spend it on movie production. Sounded like a low risk investment to me.

    ReplyDelete