The Shark Tank episode 425 is about a movie about motorcycle racing called Track Days Movie.
This project combines the talents of stuntman James LaVitola, writer Cliff Dorfman, and producer Brian Pitt. LaVitola’s credits include Fast and Furious, Transformers, and Friday Night Lights (among others).
There are no films on motorcycle racing, the second most-watched sport in the United States. LaVitola sees a market opportunity with a movie about this subject.
Motorcycle racing is the second most popular activity in the United States, yet there are no films. LaVitola sees potential here.
Their goal is to raise $2 million through Kickstarter (by April 29, 2013, they had only raised $1,099).
They hope the Sharks can assist them in meeting their $2 million goals even though they have a few initial sponsors.
What Is Track Days Movie?
Track Days Movie is a new film by James Lavitola and Brian Pitt, in production as the Shark Tank entrant claimed.
James Lavitola and Brian Pitt seek the Sharks to put up $5 million for a 34% stake in their movie Track Days.
James and Brian state that motorcycle racing is the second most popular sport globally.
They simply show text and sound effects in the video segments. They just had motorcycle soundtracks, but there was no footage of any motorcycles in the picture.
James and Brian had never written a script before entering the Shark Tank.
According to those working there, the Sharks are taught a new filmmaking method. They’re short on talent.
Daymond John, who claimed to be an executive producer on “The Crow,” to receive his refund, took a long time.
If an actor is used, the creators of Track Days argue, the audience will come. Despite their claims, they do not have a script.
|Company Name||Track Days|
|Entrepreneur||James Lavitola And Brian Pitt|
|Business Name||An action movie-themed around motorcycles|
|Investment Asking For||$5 Million For 34% equity in Track Days Movie|
|Final Deal||No Deal|
|Episode||Season 4 Episode 24|
|Business Status||Out Of Business|
Who Is The Founder Of Track Days Movie?
James Lavitola and Brian Pitt, former Hollywood Stuntman, are the brains behind Track Days Movie.
Track Days Movie Before Shark Tank
The duo behind Track Days had only finished their storyboard for their film before appearing on Shark Tank, but nothing further had been done in casting, scriptwriting, or production.
Do you know what made them think their plan would be attractive to the Sharks?
James Lavitola and Brian Pitt have worked as stuntmen in blockbusters like Fast and Furious.
Would their collective experience sway the Sharks?
How Was The Shark Tank Pitch Of Track Days Movie?
The filmmakers of “Track Days, The Movie” reaches Shark Tank seeking an investment of $5 million and a 34% share of the film if they get their way.
Mark Cuban leaves the room before hearing the pitch from the team.
The Sharks are given popcorn, candy, and promotional goods, and a short trailer is shown to soften their skins for the movie.
LaVitola pledges to make the Sharks “the house, and the house always wins,” which explains why movies are “a crapshoot.”
They quickly sink in the Shark Tank without a full script or anything more than a glitzy trailer.
He admits that he invested in an earlier film.
He described the experience of obtaining his money back as “a nightmare movie.” He’s finished.
The idea of putting the money in an escrow account and not making the movie until the investor is “satisfied with the calculated risk” is put forth by the two.
In my opinion, it’s an ill-advised plan. Kevin O’Leary says, “I’m going to stop you from going further. In other words, I’m out.”
After Barbara Corcoran, Robert Herjavec is the only one left.
The last card reveals a cardboard cutout of Herjavec’s face as a mannequin’s helmet.
Herjavec goes out, and the pair leave the stage without a Shark deal despite the Sharks giving them two points for showmanship.
What Happened To Track Days Movie After Shark Tank?
No, the Sharks did not invest in the production of Track Days. Also, Track Days Movie was never released.
James and Brian launched a Kickstarter campaign in conjunction with the Shark Tank episode.
There were only 16 backers who contributed less than $12,000 to the project, which was canceled before it could begin.
The Track Days website still has an empty domain, and they have tweeted nothing since Shark Tank aired.
Track Days Movie Shark Tank Update
Having no script, no performers, and no interest from Sharks, a film with no future exists.
The social media accounts went dark after the episode of Track Days the Movie aired on Shark Tank, and the website had a blank page.
Sharks or other investors seem to lack interest in the “new” Hollywood strategy of using money as bait to attract big-name actors and writers.
Track Days the Movie was a big flop in the Shark Tank and was never resuscitated.
A lack of substance and overconfidence caused it to sink to the bottom of the ocean, never to be seen again.