All "old" boat racers rich?

[Top Banana]

Great story Charlie.

And... glad you weighed in. Any story about guys making millions in boatracing surely must include you

Yes...boatracing is a road to wealth for sure!!!! Back in the mid 70's I won a race out of Gloucester Mass. First prize was something like $600.

I took the check home and cashed it and then realized that this money could very easily be gone in a heartbeat with nothing to show for my team's great effort out on the cruel ocean waters of New England.

So, I went down to the local watch dealer and bought myself a nice new Stainless Steel Rolex Submariner with date. Even had enough money to pay the taxes and get change.

Fast forward a few decades, I bought new the exact watch for my son for his 40th birthday a few years ago....this time the price was over $4,500.

Now.....If I had only taken all my race winnings and bought Rolexes and just held them for investments.......I could cash them all in now and get enough to pay for a........ brand new set of Herring props or a new #8 drive from Mercury.

 

[POWERPLAY33]

Hey Top Banana, I saw a letter to Flying Magazine Mar 10. Said Charlie McCarthy... you the same guy?

 

[phragle]

Yes...boatracing is a road to wealth for sure!!!! Back in the mid 70's I won a race out of Gloucester Mass. First prize was something like $600.

I took the check home and cashed it and then realized that this money could very easily be gone in a heartbeat with nothing to show for my team's great effort out on the cruel ocean waters of New England.

So, I went down to the local watch dealer and bought myself a nice new Stainless Steel Rolex Submariner with date. Even had enough money to pay the taxes and get change.

Fast forward a few decades, I bought new the exact watch for my son for his 40th birthday a few years ago....this time the price was over $4,500.

Now.....If I had only taken all my race winnings and bought Rolexes and just held them for investments.......I could cash them all in now and get enough to pay for a........ brand new set of Herring props or a new #8 drive from Mercury.

You still can...everybody knows you can buy a brand new Rolex in Tijauna for $9.95 :sifone:

 

[MarylandMark]

So, I went down to the local watch dealer and bought myself a nice new Stainless Steel Rolex Submariner with date. Even had enough money to pay the taxes and get change.

Great choice!!

http://www.seriousoffshore.com/forums/showthread.php?t=6450

 

[T2x]

A bunch of us use to put $ in the pot to give T2x travel money to show up at the races for his wit and wisdom and interviewing skills.

Actually Bobby....I remember you picking up a bunch of bar tabs.......But by the time the checks arrived I couldn't read...........