Reading and article here, states that demolation derbies are becomming an increasingly unaffordable sport because of soaring scrap metal prices, which is making demo-type cars harder to find. Strong consumption by domestic steel producers is driving up prices, along with raw material demands from India, China, and Korea. Junk yards are paying out nearly triple amounts per ton of scrap metals and iron.
All States but Hawaii have at least one demo-derby a year, mostly at the State Fairgrounds. Hit hard the most is the Mid-west, which are accostomed to seeing 100 cars at a single event, now are seeing about 40 to 50. and when car counts drop, so does attendance, and host's profit margins. Sound familiar? States that aggrivating the situation of low car counts, is an increasingly growing interst in a new breed of participants; doctors and lawyers, willing to dump $5000.00 in a single engine, weeding out the little guy that's on a limited budget.
All States but Hawaii have at least one demo-derby a year, mostly at the State Fairgrounds. Hit hard the most is the Mid-west, which are accostomed to seeing 100 cars at a single event, now are seeing about 40 to 50. and when car counts drop, so does attendance, and host's profit margins. Sound familiar? States that aggrivating the situation of low car counts, is an increasingly growing interst in a new breed of participants; doctors and lawyers, willing to dump $5000.00 in a single engine, weeding out the little guy that's on a limited budget.
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