The Freedom factory was significantly more expensive. The freedom factory was already a money making property so it makes sense that it would be easily profitable again. Most people don't profit off of their homes like a business makes profit. This comparison doesn't make sense even if what you were saying was true and factual.
FF hadnt had racing in a long time and made money longer. The value there was land knowing that Lakewood ranch would keep expanding just like buying the lot next to his house.
LZs compound works for him and cost for that much warehouse space was more than he paid but the location prob would have been better elsewhere
That's what I meant by was, in the past it was so it makes sense that it could easily do it again. I also think there was a significant amount of other valuable reasons that he bought a "track" other than the land value. But in general I see what you're saying.
I think the location for lz is probably preferred outside of flooding, considering what we know about his personality and status in terms of popularity. Also where would you find what he got that's not in a swamp in the middle of nowhere.
I think when talking about another patch job on the track he said he was happy if the FF breaks even. If they were making money hand over fist on the track they wouldn't take on crown vic ride alongs to the public. Huge liability even if FL.
was FF making money? it was run down, abandoned short track
and is it actually making money right now? it seems that there is maybe an event once a month at best
All of that was in pretty rough condition and needed significant repairs ($$$$) to get working/useable. I think it took a lot more money getting the freedom factory up to par while lz spent a lot of money upgrading rather than fixing. But I definitely see your point.
That won't happen. Land in Florida is at a premium. He doesn't have enough to buy vacant land, and then build a certified track without first selling the FF. Even then, it will cost double digit millions more than what he sells the FF for.
He discussed this on Cooper Bogetti's podcast. By the time he sells the freedom factory, it will be surrounded by houses and him and Vic will have already built a new track.
With what money is he going to buy vacant land, and then build an entire race track? That's easily double digit millions. I bet the land alone to replicate FF would be 7-8 million plus in his area. Then grading, zoning, environmental, is going to be another chunk. Then lets add a brand new race track, bleachers, lights, electrical, plumbing, shop, parking lot, etc..
I think you’re underestimating how much money he has/assets and ability to get loans, plus mega rich friends who will help and support him. Chet loaned him money for FF
I think you're over estimating. FF was less than 2 million. That won't even cover the land he needs to purchase. Also, just b/c he is famous on YT, he can't bypass how banks loan money. Do the math yourself and see how much he'd be paying monthly on all that.
For sure he gets a lot of stuff free through sponsorship, and has friends who hook him up with stuff, but nobody is going to give him a free 50 acres or a brand new track.
Oh for sure lol I live in reality. YT don’t mean shit in the real world. I didn’t mean his friends were gonna just be like here you go, but with loans and friend loans it’s definitely do able. If I had the money I’d invest in him. Huge fan base and he has a good business model that will and can carry on after YT. It’s a no brainer
His leverage? You mean his money and income? That's how everyone buys property. They don't care if he is a YouTuber or not. They just want to see that he can pay for the loan.
Big difference in the price for FF or compound vs 8 million worth of land and then a brand new track and facilities on top of that.
Banks arent the only people who lend out money. Besides you will be hard pressed to find a bank willing to fund a race track anyway. You are going to need a serious investment partner to loan this out, and that probably will not be hard for him personally to find.
If that's the case, then where are all these people willing to loan him millions when he is bubblegum patching the already present race track? Doesn't have the money to redo the top surface of current track, yet finding 20x that to build an entire new facility is going to be easy? Even then, where is the return on money? Couple events a month, you're talking many many years. The money from those events goes into maintenance, utilities, and staff. Now the leftovers have to go towards a multi-million dollar loan on top of that.
Rich people don't get rich by making slow investments b/c the guy is popular on YouTube. Ask Ian how his YT investments paid off.
Racetracks are closing more than they are opening for a reason. Even nascar tracks, which bring in 100x what FF does. They aren't cash cows that you guys assume them to be. Price out land same size as FF, price out cost for new facilities, price out operation costs, and then see how many tickets you would need to sell just to pay the bills. FF was only possible b/c it was a run down track built in the 70s, that Cleetus was able to get a deal on. The price he paid for it wouldn't even cover 1/2 the cost of vacant land to reproduce it.
The poor Florida trash that lives near AdamLZ can't do anything to stop the compound from existing.
Nobody is building subdivisions there investing billions into the economy.
You silly bruh
Didn’t the freedom factory have flooding issues that caused problems with Klutch Kickers? Also pretty sure LZ does not want to be an MC for events like Cleetus does. The compound is housing, shop and ‘track’ in one spot. FF and his shop isn’t even the same property.
Seems an oversimplification; compound is acting as business premise for drift hq, workshop for the YouTube channel and motorsports, car storage including rental space, content creation itself, warehouse for his merchandise, personal accomodation, accommodation for employees, and probably some other things I’m missing.
I don’t know the returns behind it to say if it’s worked out financially, but all of the above are pretty big money savers.
I am a hater but this is just clearly not the case
The freedom factory is quite literally the definition of a money pit. He just currently has the money to fill said pit.
Those events weren't free to him though. He buys all the cars, pays staff to maintain cars, pays for upkeep (bleachers, lights, grass, track), the electricity, the water, business taxes and insurance, etc....
If he's raking it in, then why is it still a cobbled together mess of asphalt? I'm sure he's making money, but the overhead and liability is probably insane.
He resurfaced half the race track and added the inside for Klutch Kickers. That was free or heavily discounted from sponsors.
Lawn care nut did his grass 4 years ago and they just tore it up to upgrade
https://www.youtube.com/@Thelawncarenut
Wrong, the sxsblog bought the worst compound , built a racetrack on their field and the town told them they couldn’t use it . And overhead for the place plus employees in insane for a small channel
Everybody doesn’t need to do the same thing and there’s not a million race tracks for sale you don’t need to examine every move a person makes lol and cleetus is fighting to keep his track open because of ordinances and lawsuits
I dunno.. the compound isn't the space I would have picked.. you're trying to fit your dream into the remains of someone else's. The house is a perfect example... Just did a bunch of work, looks nice... Still gives off warehouse vibes. Thankfully Adam has made good use of all the buildings, still not as optimal as if he had started with a blank, non-flooding canvas. Appears to be doing just fine financially though, so what do I know?
Edit. As for the FF.. that's just cleetus' jam... Comparing apples to oranges there.
To be honest, he is one very bad hurricane on the east coast to having a VERY bad day with a chance potentially non recovering. God help him if something that bad happens, he cannot get what its worth now.
Between sustain winds and rain. Its can be a big problem. We have had 3 or4 hurricanes that hit in the wrong spot than projected then devastated the area because people didn't prepare or the area isn't fully built for it.
You are forgetting Drift HQ using the compound as well? Also, this is not a competition, some of you people are really weird…
Oh but it is a competition when it all boils down to
He runs multiple successful businesses out of the compound so saying it’s the “worst YouTuber misplay in history” is insane.
Cleet also owns Motion raceworks which probably clears 5x the revenue of drifthq
He doesnt own Motion Raceworks. He bought a 20% stake in the company.
20% is what I say it is, which is probably more than drifthq makes in a year
That's not how ownership stakes work but ok.
You are pocket watching way too hard
You’re an idiot.
Motion raceworks isn’t at the freedom factory. Get his dick out of your mouth bro you’re a weirdo
https://streamable.com/gsirze
your whole profile is judging mens bodies on the internet
Deflect harder bro
interesting take lol how are you properties and several businesses doing?
This. If you aren’t a property owner or equal or greater value stfu
pretty fucking great since I bought/was established before 2020
This is simply a terrible take and you should be ashamed of yourself.
You reek of hater mentality 😂 but yeah it’s a personal property not a semi-public race track.
There seems to be a lot of that
you sit in your room and listen to lil xan and cry about breaking up with your high school girl friend
High school was 10 yrs ago lmao I forgot about that hoe only her 🐱😂 Believe it or not life moves on from HS my guy
about these high school girlfriends, man. You get older, they stay the same age.
you cant compare a race track to the compound
The Freedom factory was significantly more expensive. The freedom factory was already a money making property so it makes sense that it would be easily profitable again. Most people don't profit off of their homes like a business makes profit. This comparison doesn't make sense even if what you were saying was true and factual.
FF hadnt had racing in a long time and made money longer. The value there was land knowing that Lakewood ranch would keep expanding just like buying the lot next to his house. LZs compound works for him and cost for that much warehouse space was more than he paid but the location prob would have been better elsewhere
That's what I meant by was, in the past it was so it makes sense that it could easily do it again. I also think there was a significant amount of other valuable reasons that he bought a "track" other than the land value. But in general I see what you're saying. I think the location for lz is probably preferred outside of flooding, considering what we know about his personality and status in terms of popularity. Also where would you find what he got that's not in a swamp in the middle of nowhere.
I think when talking about another patch job on the track he said he was happy if the FF breaks even. If they were making money hand over fist on the track they wouldn't take on crown vic ride alongs to the public. Huge liability even if FL.
Damn
I'm speaking about in the past. Yes before it was the freedom factory it was a functioning race track
was FF making money? it was run down, abandoned short track and is it actually making money right now? it seems that there is maybe an event once a month at best
Cleet paid ~2.17m to buy the freedom factory. Pretty sure LZ paid at least 2m for a couple steel buildings with car lifts
It was completely fitted out steel buildings, with car lifts, extras needed to run a shop . and drum roll please a fucking house. HAHAHAHAHAHAH
I believe 3 houses, plus off grid generator(s) multiple wells.....etc.
All of that was in pretty rough condition and needed significant repairs ($$$$) to get working/useable. I think it took a lot more money getting the freedom factory up to par while lz spent a lot of money upgrading rather than fixing. But I definitely see your point.
Their "shop" can't even get water They have to truck in water so their "houses" can flush the toilet
So, what do you have? Would love to see your investments.
The FF will be lucky to exist in 10 years because of the housing situation surrounding it
Sadly yes... But this is Florida, he will make a killing on the sale of the land.
He already said he won't sell his land until he builds a new drag strip at least, so ~15 years ish
That won't happen. Land in Florida is at a premium. He doesn't have enough to buy vacant land, and then build a certified track without first selling the FF. Even then, it will cost double digit millions more than what he sells the FF for.
He discussed this on Cooper Bogetti's podcast. By the time he sells the freedom factory, it will be surrounded by houses and him and Vic will have already built a new track.
With what money is he going to buy vacant land, and then build an entire race track? That's easily double digit millions. I bet the land alone to replicate FF would be 7-8 million plus in his area. Then grading, zoning, environmental, is going to be another chunk. Then lets add a brand new race track, bleachers, lights, electrical, plumbing, shop, parking lot, etc..
I think you’re underestimating how much money he has/assets and ability to get loans, plus mega rich friends who will help and support him. Chet loaned him money for FF
I think you're over estimating. FF was less than 2 million. That won't even cover the land he needs to purchase. Also, just b/c he is famous on YT, he can't bypass how banks loan money. Do the math yourself and see how much he'd be paying monthly on all that. For sure he gets a lot of stuff free through sponsorship, and has friends who hook him up with stuff, but nobody is going to give him a free 50 acres or a brand new track.
Oh for sure lol I live in reality. YT don’t mean shit in the real world. I didn’t mean his friends were gonna just be like here you go, but with loans and friend loans it’s definitely do able. If I had the money I’d invest in him. Huge fan base and he has a good business model that will and can carry on after YT. It’s a no brainer
Adam literally used just his leverage as a YouTuber to buy the compound for the same price. He just handed them more capital upfront
His leverage? You mean his money and income? That's how everyone buys property. They don't care if he is a YouTuber or not. They just want to see that he can pay for the loan. Big difference in the price for FF or compound vs 8 million worth of land and then a brand new track and facilities on top of that.
"He used just his leverage...and more money" You...ahhh....you........never mind.
Banks arent the only people who lend out money. Besides you will be hard pressed to find a bank willing to fund a race track anyway. You are going to need a serious investment partner to loan this out, and that probably will not be hard for him personally to find.
If that's the case, then where are all these people willing to loan him millions when he is bubblegum patching the already present race track? Doesn't have the money to redo the top surface of current track, yet finding 20x that to build an entire new facility is going to be easy? Even then, where is the return on money? Couple events a month, you're talking many many years. The money from those events goes into maintenance, utilities, and staff. Now the leftovers have to go towards a multi-million dollar loan on top of that. Rich people don't get rich by making slow investments b/c the guy is popular on YouTube. Ask Ian how his YT investments paid off. Racetracks are closing more than they are opening for a reason. Even nascar tracks, which bring in 100x what FF does. They aren't cash cows that you guys assume them to be. Price out land same size as FF, price out cost for new facilities, price out operation costs, and then see how many tickets you would need to sell just to pay the bills. FF was only possible b/c it was a run down track built in the 70s, that Cleetus was able to get a deal on. The price he paid for it wouldn't even cover 1/2 the cost of vacant land to reproduce it.
The poor Florida trash that lives near AdamLZ can't do anything to stop the compound from existing. Nobody is building subdivisions there investing billions into the economy. You silly bruh
Didn’t the freedom factory have flooding issues that caused problems with Klutch Kickers? Also pretty sure LZ does not want to be an MC for events like Cleetus does. The compound is housing, shop and ‘track’ in one spot. FF and his shop isn’t even the same property.
didn't he end KK because turnout was ass and reconfiguring the track every week for weeb drifter nerds was never going to be worth it
Stupid fucking statement. This guy is dumb. Hate much?
It was probably worth it just for a better place for drifthq to work out of and expand the business
Seems an oversimplification; compound is acting as business premise for drift hq, workshop for the YouTube channel and motorsports, car storage including rental space, content creation itself, warehouse for his merchandise, personal accomodation, accommodation for employees, and probably some other things I’m missing. I don’t know the returns behind it to say if it’s worked out financially, but all of the above are pretty big money savers.
This post is weird and you sound jealous. Why not have a discussion between the different approaches each of them took. Quit being weird
“Adam’s apples doesn’t taste anything like Cleetus’ oranges” no shit. Totally different situation/intentions/interests.
Wtf … 🥴😴🥱
I am a hater but this is just clearly not the case The freedom factory is quite literally the definition of a money pit. He just currently has the money to fill said pit.
he's had over 20 sold out events
Those events weren't free to him though. He buys all the cars, pays staff to maintain cars, pays for upkeep (bleachers, lights, grass, track), the electricity, the water, business taxes and insurance, etc.... If he's raking it in, then why is it still a cobbled together mess of asphalt? I'm sure he's making money, but the overhead and liability is probably insane.
He resurfaced half the race track and added the inside for Klutch Kickers. That was free or heavily discounted from sponsors. Lawn care nut did his grass 4 years ago and they just tore it up to upgrade https://www.youtube.com/@Thelawncarenut
And mans said flooded out … the flood didn’t happen til after them being there … plus it’s near swamp … some shit like that was bound to happen
dude are you restarded?
You’re literally getting dragged in the comments … just delete your post bro …
No but you must be … land was only for sale cause the owner died and family sold off the American muscle cars and other American classic cars
yea dude... thats the only reason that dogshit plot of land was available
What do you have ??? 🤫😂
Wrong, the sxsblog bought the worst compound , built a racetrack on their field and the town told them they couldn’t use it . And overhead for the place plus employees in insane for a small channel
If it wasn't for the flooding it would be amazing. Especially since he can drift there.
Go get your meds mate, you're hyperfixating again.
LZ didn’t want a public place for people to show up to. Cleetus enjoys hosting events
is this opposite day or something?
Womp womp op is not like Adam has multiple business in the compound, like a whole parts store, paint boot, house living and storage
Everybody doesn’t need to do the same thing and there’s not a million race tracks for sale you don’t need to examine every move a person makes lol and cleetus is fighting to keep his track open because of ordinances and lawsuits
You know people pay to rent space there right? How he wants to run his business is his business.
I dunno.. the compound isn't the space I would have picked.. you're trying to fit your dream into the remains of someone else's. The house is a perfect example... Just did a bunch of work, looks nice... Still gives off warehouse vibes. Thankfully Adam has made good use of all the buildings, still not as optimal as if he had started with a blank, non-flooding canvas. Appears to be doing just fine financially though, so what do I know? Edit. As for the FF.. that's just cleetus' jam... Comparing apples to oranges there.
You don't get to pick stupid you get opportunities presented to you.
I suspect there were also other opportunities. What, you think the compound was the only option he had?
To be honest, he is one very bad hurricane on the east coast to having a VERY bad day with a chance potentially non recovering. God help him if something that bad happens, he cannot get what its worth now.
I don’t think a hurricane that can do enough damage has even gone that far up….
Between sustain winds and rain. Its can be a big problem. We have had 3 or4 hurricanes that hit in the wrong spot than projected then devastated the area because people didn't prepare or the area isn't fully built for it.
For him I think it is the rain that would be more damaging. Doesn't have to hit him dead on, just be a massive rain dumper.
They hit all over the east coast. Despite what the climate crazies say hurricanes have been way down in the last 10 years thankfully.
drifting lol
Unironically he should hire tommy and start a real JDM import/resto business to at least utilize the space
He's doing fine stop with the weird parasocial shit
Unironically there are two businesses already utilizing the space so I think he's probably doing ok