Track Days Net Worth
The net worth of Track Days Movie is unknown as of 2022. However, the film had a valuation of $14.7 million when it appeared on Shark Tank, and the creators were seeking $5 million in exchange for 34% equity in the production. According to a recent update, they are still $2 million short of their goal.
What was Track Day and Who founded Track Days?
Track Days is a proposed motorbike racing film set in Los Angeles, California, envisioned by James LaVitola, a former stuntman, and writer Cliff Dorfman and producer Brian Pitt.
The team set up a Kickstarter campaign to raise $2 million to produce the film, which would be the first of its kind to focus on motorcycle racing, a popular sport in the United States.
As of April 29, 2013, they had raised $1009 but were still seeking additional funding and sponsors.
Track Days Shark Tank Pitch
James LaVitola and Brian Pitt pitched their proposed film, Track Days, on Shark Tank, seeking $5 million for a 34% stake in the project, which they valued at $14.7 million.
Unfortunately, the Sharks did not respond favorably, with Mark Cuban quickly expressing disinterest and leaving the stage. Brian tried to pitch the film as a feature-length action film about the MotoGP world championship but received little interest.
Despite offering movie memorabilia and popcorn, the team failed to pique the Sharks’ interest, with Daymond John citing a negative experience with a previous film investment, and Barbara Corcoran expressing concern about the safety of motorcycle racing.
The team suggested putting the money in an escrow account, but Kevin O’Leary criticized the idea and prohibited them from discussing it further.
As a last-ditch effort, the team presented a cardboard cut-out of Shark Robert Herjavec wearing a motorcycle helmet, but he departed the stage without making a deal, leaving James and Brian without a Shark contract.
The film “Track Days” failed to attract investors after its airing on Shark Tank, resulting in inactivity on its social media accounts and website.
The approach of utilizing financial incentives to attract top talent, coupled with a lack of substantial content, likely contributed to its demise.
What was the net worth of Track Days?
The film “Track Days” had a valuation of $14.7 million, as stated in season 4, episode 24 of Shark Tank, when James LaVitola and Brian Pitt sought $5 million for a 34% stake. They went out of business later on.
Who are the Competitors of Track Days?
There are no competitors identified for Track Days.
Track Days Shark Tank Updates
Track Days is a motorcycle racing film seeking seed money that appeared on Shark Tank episode 425. James LaVitola and Brian Pitt are the producers of the film and pitched their idea to the Sharks for $5 million and a 34% stake in the project, which they valued at $14.7 million.
Unfortunately, the Sharks did not respond favorably, with Mark Cuban quickly expressing disinterest and leaving the stage. The film failed to attract investors after its airing on Shark Tank, resulting in inactivity on its social media accounts and website.
Several of Track Days the Movie’s social media profiles were deactivated shortly after the premiere of Shark Tank aired, and the website has now been reduced to a single, empty page.
Despite not landing a deal with the Sharks, James and Brian launched a Kickstarter campaign the day their episode aired, with the goal of raising $2 million.
However, the idea of Track Days Movie vanished from the internet buzz shortly after their appearance on Shark Tank. There is no movie, and visiting the website will take you to spam or an infected website1. It is unclear whether the film was made without the Sharks’ investment.
In conclusion, Track Days failed to attract investors after its appearance on Shark Tank, and there is no evidence that the film was made. The social media profiles and websites associated with the film have been deactivated or reduced to a single, empty page.
Track Days Net Worth
| INFORMATION | VALUE |
| Valuation of Shark Tank | $14.7 million |
| Funding sought on Shark Tank | $5 million for 34% equity |
| Current funding status | $2 million short of their goal |
| Kickstarter campaign goal | $2 million |
| Kickstarter funds raised (as of April 29, 2013) | $1009 |
| Competitors | None Identified |
| The outcome of Shark Tank pitch | No deal secured |
| Current status | No evidence of movie production |
Track Days FAQS
What Is Track Days And How Does It Work?
Track Days is a proposed full-length feature film revolving around the world of motorcycle road racing, set in Los Angeles, California. The movie was pitched on Shark Tank by James LaVitola and Brian Pitt, seeking $5 million for a 34% stake in the project, which they valued at $14.7 million.
However, the movie failed to attract investors and the campaign was terminated before it ever began. The lack of substantial content and the approach of utilizing financial incentives to attract top talent likely contributed to its demise.
There is no information on how the movie would have worked, but it was described as a feature-length action movie about the MotoGP world championship. The movie was the brainchild of James Lavitola and Brian Pitt, who founded Track Days to unite the racing community.
However, there are no updates on the progress of the movie since its appearance on Shark Tank, and it appears that all plans for making such a movie have been scrapped entirely.
Who founded Track Days?
Track Days is the brainchild of James Lavitola and Brian Pitt.
What Was The Outcome Of The Track Days Shark Tank Pitch?
James LaVitola and Brian Pitt pitched their proposed film, Track Days, on Shark Tank seeking $5 million for a 34% stake in the project, which they valued at $14.7 million.
Unfortunately, the Sharks did not respond favorably, with Mark Cuban quickly expressing disinterest and leaving the stage. Brian tried to pitch the film as a feature-length action film about the MotoGP world championship but received little interest.
The film “Track Days” failed to attract investors after its airing on Shark Tank, resulting in inactivity on its social media accounts and website. The approach of utilizing financial incentives to attract top talent, coupled with a lack of substantial content, likely contributed to its demise.
The trio managed to get some initial sponsors, but they still weren’t enough to make this movie on a $2 million budget. This led the trio to march down to Shark Tank to see if they could get any of the sharks to invest in their ambition.
Finally, Robert couldn’t see this film doing well either, refusing to invest, and leading the duo to exit Shark Tank. Therefore, the outcome of the Track Days Shark Tank pitch was that the movie failed to attract investors and did not receive any funding from the Sharks.
Did they get the deal from the Sharks?
No, they did not get the deal.
What Happened To Track Days After Its Appearance At The Shark Tank?
After its appearance on Shark Tank, Track Days failed to attract investors, resulting in inactivity on its social media accounts and website. The movie had nothing going on, no script, and no actors.
The approach of utilizing financial incentives to attract top talent, coupled with a lack of substantial content, likely contributed to its demise.
James LaVitola and Brian Pitt used the crowdfunding platform Kickstarter to raise $2 million, but they only garnered $12,000 from 16 backers.
Several of Track Days the Movie’s social media profiles were deactivated shortly after the premiere of Shark Tank aired, and the website has now been reduced to a single, empty page.
The idea of Track Days Movie vanished from the internet buzz shortly after their appearance on Shark Tank. There is no movie, and visiting the website will take you to spam or an infected website.
How much were they seeking in the Shark Tank?
Track Days was seeking $5 million in exchange for a 34% stake in the film “Track Days, the Movie.” This translates to a $14.7 million valuation.
Where was Track Days located?
Track Days was located in Los Angeles, California.
Who was the executive producer of Track Days?
Brian Pitt produced Track Days.
Are they still active on social media sites?
They are not active on social media sites.
When was Track Days featured on Shark Tank?
Track Days was featured on Shark Tank on season 4, episode 24 on May 10, 2013.
Who is James Lavitola?
James Lavitola was a former stuntman whose credits include Fast and Furious, Transformers, and Friday Night Lights (among others).
Who is Brian Pitt?
Brian Pitt Brian Pitt produced several “successful enough” independent films.
What is the net worth of James Lavitola?
James LaVitola net worth is $1.6 Million as of 2022.
What is the net worth of Brian Pitt?
Brian Pitt’s net worth is unavailable.
What inspired James LaVitola and Brian Pitt?
The two had come up with a guaranteed blockbuster, a movie about motorcycle racing.
Do Track Days still exist?
Track Days is no longer in business.
