Track Days Net Worth Shark Tank Update 2025

Many people love motorcycle racing. But there are not many movies about it. This leaves fans wanting more. James Lavitola and Brian Pitt saw this gap. They thought a movie about motorcycle racing would excite fans. So, they planned to make a film called “Track Days.” They hoped to show the thrill and challenges of motorcycle racing. 

To fund their movie, they went on the TV show Shark Tank. They asked the investors, known as Sharks, for money. They believed their movie would fill the gap in racing films. They asked for $5 million in exchange for 34% of their movie project. Did the entrepreneurs get a deal on Shark Tank? Check out our Track Days update to find out!

Track Days Net Worth Shark Tank Update 2025

Brian and Chris Pitz went on Shark Tank asking for $5,000,000 for 34% of their racing entertainment business. This meant they thought it was worth about $14,705,882. They did not make a deal with any Shark. The episode was aired on April 26, 2013. The business never launched commercially and remains inactive. The current net worth of Track Days is $0 in 2025.

After appearing on Shark Tank, James and Brian did not secure a deal. They tried other ways to fund their movie. They started a Kickstarter campaign to raise $2 million. But they only got $12,000 from 16 backers. This was far from their goal. So, they canceled the campaign early. Without enough money, they could not make the movie.

As of today, there is no sign that “Track Days” was ever produced. James and Brian have moved on to other projects. The movie remains an unfulfilled dream.

James and Brian did not get a deal on Shark Tank. They asked for $5 million in exchange for 34% of their movie project. The Sharks did not see value in investing in a movie without a script or cast. They all declined to invest.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Barbara Corcoran	Out	N/A	N/A
Robert Herjavec	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Track Days Shark Tank pitch

James Lavitola and Brian Pitt have backgrounds in the film industry. James worked as a stuntman in movies like “Fast and Furious” and “Transformers.” Brian worked as a producer on films such as “Mr. Brooks” and “Waiting.” They noticed that motorcycle racing, despite its popularity, lacked representation in movies. This inspired them to create “Track Days.” They wanted to showcase the excitement and challenges of motorcycle racing.

However, they faced challenges. They did not have a completed script or cast. They also needed significant funding to start the project.

James and Brian entered the Shark Tank with high hopes. They asked for $5 million in exchange for 34% of their movie project. They explained that “Track Days” would be an action film about motorcycle racing. To impress the Sharks, they handed out popcorn and candy. They also showed a teaser trailer. But the trailer was simple, with basic animations and text. The Sharks were not impressed.

Robert Herjavec asked, “That’s it?” The entrepreneurs tried to explain their plan. They said the $5 million would go into escrow until they secured distribution deals and sales. But the Sharks were skeptical. They were concerned about the lack of a script and cast. Keep reading our Track Days update to see what happens next!

The Sharks had many questions. 

Robert Herjavec asked, “Do you have a script?” Brian admitted they did not have a completed script. 

Kevin O’Leary wanted to know more about their plan. James said they had a story and a plan to secure distribution deals. But he admitted it was a “crapshoot.” 

Mark Cuban corrected him, suggesting he meant “sufficient.” Brian agreed. 

Barbara Corcoran asked why she should trust them. Brian mentioned his 12 years of experience in the film industry. James talked about his background as a stuntman. But the Sharks remained unconvinced.

Each Shark shared their thoughts. 

Mark Cuban was out immediately. He did not see value in investing in a movie without a script. 

Daymond John mentioned his experience as an executive producer. He said investing in movies is risky. He was out. 

Kevin O’Leary said the idea was bad. He forbade them from making the movie. He was out. 

Barbara Corcoran said it was not her thing. She was out. 

Robert Herjavec said it was a “ludicrous concept.” He could not accept the risks. He was out. 

None of the Sharks made an offer. James and Brian left without a deal.

What Went Wrong With Track Days On Shark Tank?

Several factors led to the Sharks’ rejection. The entrepreneurs did not have a completed script or cast. This made the project seem unprepared. They asked for a large amount of money, $5 million. This is much higher than typical requests on the show.

The teaser trailer was simple and did not impress the Sharks. The film industry is risky. Investing in a movie without key elements in place is even riskier. The Sharks did not see a clear plan for a return on their investment. These issues combined led the Sharks to decline the investment.

Product Availability

From our Track Days update research, the movie “Track Days” was never produced. After failing to secure funding, the project was shelved. There is no official website or product available. The Kickstarter campaign was canceled due to insufficient funds. As of today, there are no updates on the project’s revival. Fans of motorcycle racing will have to wait for another film to fill this gap.

Conclusion

James Lavitola and Brian Pitt had a vision to bring motorcycle racing to the big screen. They identified a gap in the market and tried to fill it. However, their lack of preparation and the risky nature of film investments led to their project’s downfall. Their experience serves as a lesson. Proper planning and preparation are crucial when seeking investment.

While their dream for “Track Days” did not come true, their effort highlights the challenges entrepreneurs face. It also shows the importance of being ready when presenting an idea to potential investors.