The Benefit of Drag Race - Case Study Example

The Benefit of Drag Race Introduction Drag racing is a race in which motorcycles or automobiles compete between each other to cross the finish line. The arrival of motor car was pivotal for the start of racing amongst the wealthy. The advancement of motor card and equipment has created more interest about racing among new breed of racers. Drag racing is the racing of wild machines, starting from one red light to finish red light. In April 1949, first legal drag racing took place in Goleta. Since the year 1960, the speed sensing systems and electronic timing has been used to record the outcome of the race. Since the development of motorcycles and automobiles, the drag racing has existed as a form of motorsport. It has also being existed as street racing. The form of street racing is regarded as illegal. This is mainly due to the fact that Street racing can violate the rules and regulation of society. Bracket racing and heads-yup are the two forms of drag racing. This research paper will analyze and discuss about the benefits of drag racing. Analysis The exciting new sport named drag race has grown more popular among the new breed of racers. People who are fond of racing are most interested to travel fast rather than slow. There are certain basics of drag racing. Before the start of every drag racing, racers using advanced motorcycles and automobiles are permitted to execute burnout. The process of burnout improves the traction and heats the tires. It is vital before every race that tires are heated so that it can help to grip the surface for better control. It can also benefit to sets the rubber down. Christmas tree is a system that can help to start drag race automatically. This system consists of six light, one green, one blue, one red and three ambers. There are several racing organizations around the world that oversees the drag racing. Several organizations are located at South Africa, Australia, North America, Europe, Caribbean and New Zealand (Scott, 2010). The Australian National Drag racing Association, the National Hot Rod Association, the New Zealand Hot Rod Association, etc. These are some organizations and there are many more around the world that helped to start drag racing events. Mickey Thompson was inventor of first slingshot. This is not a normal race. Each details of the race are effectively measured to be advanced from other competitors. Speed, reaction time and elapsed time of the car are measured by the experts to notify the period of time taken by cars to cross the finish line. Drag racing can benefit economically and technologically. The technological development is not only to make fast cars but has considerably broader implications. Each car racing teams are trying their utmost best to create fastest and possible car for drag racing to stay ahead of the other competitors (Munroe, 2001). The economic impact of drag racing is colossal and can improve the quality of lifestyle of people. Economic benefit of drag racing Drag racing can create positive economic impact on the country. Income and jobs can be generated each year due to the drag race facility. The introduction of drag racing facility can upsurge the quality of life for people. This is mainly due to the fact that large number of people will be attracted to view the racing and could even lead to huge endorsements.One of the pivotal benefits of drag racing is tourism. Tourism can create massive positive economic development on the country. Tourism provides an extra motivation for country to promote at world stage. France and Switzerland are one of those western countries that have amassed large amount of economic resources due to the tourism. The drag racing facility can attract tourists to the area. Local people from other state can attend and participate in the racing events. This can create a buzz among the people. The buzz of events can circulate around the whole country. People may talk about the racing events on the social media sites. The emergence of social media sites has provided opportunity for organization to market their products online. The love for motorsports is increasing day-today. Firstly people from local residents would be attracted to attend the events. The organizers of the events do not have no spend much money on promotional activity. The craze of car racing is so popular among the people that not much expenditure is required for the promotion of drag race event. People can create a buzz about the event on social media sites via internet (Moorhouse, 2001). Many retail outlet, area restaurants and lodging places would be created after the addition of drag racing facility. Social media sites have formed a drastic progressive impact on the improvement of modern civilization. This would eventually attract many tourists from other countries or local people to enjoy their vacation. The main positive economic impacts of drag racing are contribution to the revenue of government, foreign exchange earnings, employment generations, contribution to the local economies and infrastructure investments of the country. The contribution to government revenue is categorized as indirect support and direct support. Indirect contribution towards government revenue is generated through the taxes imposed on the goods and commodities for the people who come to watch the event. Direct contribution is through departure taxes of the tourists from other countries. Several retail outlets that are opened near the drag racing event can stimulate the investment and generate huge revenue through import and export of the goods. The presence of race tract benefits a state by significant employment generation. It has been estimated by WTO that 7% of the workers around the world supports tourism. The number of restaurants, hotels, taxis and nightclubs that are created near the drag race facility can generate huge employment. In US, the long term unemployment has become a serious issue for a country. The employment generation can hugely benefit a state. The increase in number of workshops can help to escalate the state income. The income generated from the establishment of drag racing circuit and event can be invested for the infrastructure improvement. Local government can invest the revenue generated to improve the public transport, better sewage system, enhanced water systems and finally enlightening the quality of life for people. There can be tremendous development in the state due to the creation of race circuit. Schools can be created for the betterment of children education. The hospital facilities can also be improved. More trading opportunities can be provided to the local residents by government to build common markets. This can eventually influence foreign sponsor to tie up a partnership with drag race events. The Drag racing event can attract people throughout the year. The gradual development of drag racing event can encourage government to increase the facilities of racetrack (Holder & Kunz, 2006). The introduction of drag racing events can lead to the increase of company advertisements. People of this generation are crazier about cars. The popularity of drag racing is growing and would encourage other advertising company to increase the attractiveness. The benefits of competitors Competitors can also attain benefits for the presence of drag race facility. The introduction of drag racing track would increase the population of automobile firm of a state or country. Auto engineering, technology and product development are vital for achieving the objective of wining the drag race. This enables competitors to improve their brand perception and come up with innovation. Competitors might be renowned all over the world. But the start of a racing track can position the brand on world stage. The introduction of new facility and new arena for drag racing can create possible entertainment venue for people. Safety of the drivers, better automobile fuels and other innovation can enhance the brand name. Drag racing can attract viewers around the world. A new competitorwho wants to sustain in the competitive market has to innovate and introduce new advance technology. The development of product and technology which is regarded as premium can benefit competitors to generate huge revenue. Local competitors would be encouraged to improve their products. Competitors would have enough options to increase their revenue (Comstock, 2013). The growth of drag racing can jump-start the economic activity of a country. There can also be competition of hiring garages. Competitors can get several other benefits such as discounted entry fees for races, preferred hire of garages, guest card and other profits of drag car racing memberships. Social benefits of drag racing There are also several social benefits of drag racing. The security of the state can be much more enhanced and safe. This is mainly due to arrival of tourist from other countries. There would be substantial advancement in the security to protect the economic value of tourism. The quality of life would be much more forward-looking than that of recessive. The development of new lodging places, retail shops and restaurants can increase the class of lifestyle. People can change their normal hobby to racing. This is totally exciting and different hobby that can make people more fun. In this world of globalization, every people are busy in their life to earn money and sustain in this world of competitiveness. Drag racing can provide a change in lifestyle and bring enjoyable and joy among the people. The boredom to be successful has suppressed to think different and be innovative (Puhn, 1976). People can practice racing and change their normal routine. Government can create several social service initiates for the benefit of the people. Extra benefits and public aid is provided to the people for the welfare of a society. People can make new friends and meet people of different. The culture and habits of other countries can provide knowledge to society. Discussion The improvement of technology in automobile sector has created more people awareness towards cars. The introduction of drag racing can befit a state both economically and socially. During the time of economic crisis, drag racing can provide a perfect foil for a state to maintain economic stability for present and future. From tourism to employment generation, the positive impact of drag racing is immense. The large scale of tourism revenue can be generated. This can benefit a state and country for the infrastructure development and contribute to the local economy. Millions of jobs can be created. The quality of life style of people can be more advanced. People can be much of enthusiastic about racing and change their hobby to racing. The interacting between tourists can help to develop positive attitude towards others. Self-esteem of tourist and local residents can be increased. People can learn new cultures and develop pride and respect towards other culture. There can be considerable increase on the amount of workshop for car racing. This would lead to competitors and development of the country. The entry of competitors mean more innovation and more advance of technology. The number of showrooms would be increased for the accommodation of cars. Large number of cars compete between each other to finish the cross line. This requires large number of room and showrooms. The public get to experience the thrill of drag racing. Local public can get tickets to watch match at reasonable price. Competitors have the benefits of having member cards and discounted tickets to experience the great thrill. Conclusion This can be concluded from above analysis and discussion that the benefits of drag racing in enormous. The evolution of economic crisis has created a challenge for every country to maintain economic stability. The application of drag race course can benefit country by contribution huge amount of revenue to the government. The employment generation has been the drawback of every country. The reduction of unemployment can be done by the application of new infrastructure investment and generation of jobs. Drag racing can expand the international tourism and generate significant amount of employment. The revenue generated from the facility can be utilized for the benefit of the state. Improvement in local economies and enhancing the network of public transport can be stimulated by local government. The increase of foreign sponsor can influence local government to increase the fan base by adding new luxury features. References Comstock, G. (2013). Research Ethics. New Jersey: John Wiley & Sons. Holder, B., & Kunz, P. (2006). Extreme Muscle cars. New Jersey: Pearson. Moorhouse, H. (2001). Driving Ambitions. New York: McGraw-Hill. Munroe, C. (2001). Power glide Transmission handbook. London: Sage. Puhn, F. (2006). How to make your Car handle. London: Routledge. Scott, J. (2010). How to tune and modify your camaro. New York: Springer. Read More