Latest / BREAK/FIX the Motorsports & Vehicle Enthusiast Variety Show / Driven by Purpose: The Remarkable Racing Journey of Ted Giovanis
Transcript
- 0:00Break Fix Podcast is all about capturing the living history of people from all
- 0:05over the autos sphere, from wrench, turners, and racers to artists, authors,
- 0:09designers, and everything in between.
- 0:11Our goal is to inspire a new generation of Petrolhead that wonder how did they
- 0:17get that job or become that person.
- 0:19The road to success is paved by all of us because everyone has a story.
- 0:27Today we're honored to welcome a truly unique figure in
- 0:30the world of motor sports.
- 0:32Theodore Giovannis known for his tenacity, both on and off the track.
- 0:36Ted is not just a passionate racer, but also the driving force behind
- 0:41JKTG Foundation racing where he has competed in series like IMSA
- 0:45and endurance racing at some of the most iconic tracks in the world.
- 0:49His journey is one of determination and lifelong learning, balancing his
- 0:53career as a successful businessman, philanthropist, and author with
- 0:56his love for speed and competition.
- 0:59Today, we'll dive into his racing career, the challenges he's faced,
- 1:02the lessons he's learned, and how Motorsport continues to fuel his pursuit
- 1:06of excellence in every aspect of life.
- 1:08And joining me tonight is returning guest co-host Tom Newman, who
- 1:12you might remember from our Randy Lanier and Paved Paradise episodes.
- 1:16So welcome back to the studio, Tom.
- 1:17Thank you, sir. I'll be glad to be here.
- 1:19And with that, let's officially welcome Ted to break fix.
- 1:22How you guys doing?
- 1:23Glad to be here and looking forward to talking to you tonight.
- 1:26Excellent.
- 1:26Good to see you as well, Ted.
- 1:28Well like all good break fix stories.
- 1:30They all have a superhero origin.
- 1:32So let's talk about yours, your journey into motorsports.
- 1:35It's as inspiring as it is unconventional.
- 1:38So what drew you into racing and how did you take those first steps onto the track?
- 1:42I was always interested in cars when I was really young, you know, as a teenager, but
- 1:46never really executed it along the way.
- 1:49I bought a Corvette and I got into auto crossing, but never
- 1:52really did any road racing.
- 1:54Sold the Corvette.
- 1:56Then in 1991, I decided I needed to have another sports car and I bought one.
- 2:03It was a Mitsubishi 3000 GTVR four.
- 2:07I was driving home from the dealership after picking it up and went on
- 2:10an interchange and demonstrated to myself that I was not as good of a
- 2:15driver as I remembered myself being.
- 2:18So I scared myself.
- 2:19And then I went home and talked to my wife and I said, you know, what would
- 2:22you think if I went to a driving store?
- 2:24And she said, well, that would be, that would be cool.
- 2:26Why don't you go do that?
- 2:27And so that was what set me off on a trajectory of road racing.
- 2:32I went to a driving school.
- 2:33I bought a car, a, uh, 2002 that had one three horsepower on a good day.
- 2:39Started club racing from there.
- 2:41And so that's what started this whole trajectory.
- 2:44Describe your road to imsa though for a lot of folks, there's
- 2:47a lot of steps to get there.
- 2:49So what was that like?
- 2:50I raced in SCCA Sports Guard Club of America.
- 2:53I went, at the time the professional schools like
- 2:56Bonderant in places like that.
- 2:58They were not accepted to get a license at that point.
- 3:01The only way you could really assure yourself that trajectory to get a license
- 3:06in SCCA was to go to an SECA school.
- 3:08So I had to go and you had to go to two of 'em.
- 3:10So I went There was in SCCA for, I'm still an SCCA license driver,
- 3:15but I participated in that.
- 3:17Gradually progressing.
- 3:19I'm a progressivity kind of guy, so I went from 2000 twos to actually
- 3:25BMWE 36 ERs, which was the.
- 3:28Between 1990 and 1995 kind of platform.
- 3:31And so I, I raced those, had won, uh, regional championships, set track records.
- 3:37Then in 2006 I decided I might want to go into ssa.
- 3:43It wasn't really EMSA at the time.
- 3:45It was called Grand Am.
- 3:46It was a Grand America Road Racing series, which was a series that NASCAR
- 3:52put seed money into the Grand Am series and got Jim France to run it.
- 3:57After it grouped its base, it acquired that, and then that collided
- 4:01with, there was the American Lama series, which was run by Don Panos.
- 4:06That series was having some financial troubles, and so when
- 4:11Panos decided to sell that off.
- 4:14NASCAR bought both that and Grand M most 'em together with imsa, which
- 4:20was the prior sanction for A LMS.
- 4:22And then that's sort of where that wound up NASCAR was trying to put sports
- 4:27cars in their book of business rather than just rounding, rounding track.
- 4:30And when it bought a LMS, it also got Sebring, the hotel there,
- 4:35chat law and it got road Atlanta.
- 4:39And so that was my first participation in the sort of the Pro series in 2006.
- 4:45You touched on Grand Dam and that's where Tom comes into the equation here.
- 4:50So let's go back to those days and then walk a little bit more
- 4:53forward into your time at emsa.
- 4:55So any stories you wanna share about brewing with Ted and things like that?
- 4:58Ted left out, conveniently left out the part where we had a, about three
- 5:02pickup trucks in various trailers versus to, oh, how far he's come.
- 5:09And I remember one distinct experience.
- 5:11It didn't start off as a pleasant story or pleasant memory.
- 5:15Ted, do you remember when we were at Limerock and lost the motor in practice?
- 5:19I think I do.
- 5:20The paddock area was just a slog of mud.
- 5:23Yeah, we were down the other end.
- 5:24Yeah, that's right.
- 5:25Myself and another frequent guest on the, on the show, Matthew Yip.
- 5:30Were sitting on a tailgate after, uh, we had loaded everything
- 5:34back up for the trip home.
- 5:36We heard two beers crack.
- 5:37I'm not sure where Ted was at this point.
- 5:40I got a clap on the shoulder and Paul Newman said, you'll get 'em next time.
- 5:45And walked off without another word.
- 5:47Ted kind of introduced me to the world of big time racing and left me, you
- 5:51know, dumbstruck by celebrity fanboys.
- 5:54But, uh, that's true story and that was courtesy of Ted having me on his team.
- 5:58There was another thing that happened then with Yip.
- 6:01I don't know if that was the time, but it was at Limerock.
- 6:04Yep.
- 6:04It was, yip.
- 6:05We couldn't find the key to his car.
- 6:07Yes, that's right.
- 6:09So the, the trailer's all packed up.
- 6:11It's got everything in there including, you know, folding lawn chair things
- 6:16and everything that's in there.
- 6:17He can't find his key.
- 6:19We look through everything and then we basically looked at each other and says,
- 6:23I think we gotta unpack the trailer 'cause it's gotta be here somewhere.
- 6:27That's right.
- 6:28And we unpack the whole trailer.
- 6:30So you've got these folding lawn chairs and they're in these bags, you know, they,
- 6:34they're, they're so contained bags for whatever reason, we took the lawn chairs
- 6:39out of the bags and his key was in one of those net cup holders, how it got in
- 6:46there and who put it there having a clue.
- 6:49But we were like, how is he gonna get this car home?
- 6:53Ever since then I've been on the pro side.
- 6:56We were only running a part of a year back then, five six races.
- 7:00So half season just trying to get our feet wet.
- 7:03We landed on a BMW of three 30 because at the time in Grand Am you could build cars.
- 7:10You could build cars for the lower, slower class, which is called St.
- 7:13Street Tuner.
- 7:14And then Grand Sport was the upper class, so you could build those cars.
- 7:19It's not like that anymore.
- 7:20Speaking of BMWs, do you still have the Laguna SE Blue M three?
- 7:24Uh, no, that's, that's been gone for a long while.
- 7:27Uh, somewhere around 2010, I moved from Performance Car.
- 7:33I moved from the BMWs to a Porsche, and then I went that way, and I'm still in
- 7:39the Porsche family for a lot of cars now.
- 7:42Did you seek out Porsche or did Porsche seek you out?
- 7:45No, I, I sought out pushing.
- 7:47Okay.
- 7:47It was all on the street side as Thomas Wright.
- 7:50I ended Laguna Blue, a 2002 year model year and three.
- 7:55What I had done is, was, I mean, I went through this tailspin of investment.
- 7:59I, I put an exhaust on it, then I put a suspension on it 'cause I was
- 8:03tracking it too, so I put brakes on it.
- 8:06So I went through all of this stuff and I'm just like, why can't they just
- 8:10put all this stuff on it and charge us $15,000 more and hand us the key?
- 8:15'cause it'll all be kind of coordinated and matched.
- 8:18Well, it was just at that time when Porsche decided to offer a GT three
- 8:24Rs, that was my pretty much trajectory.
- 8:27So as I was doing this, I was kind of still the amateur.
- 8:31I was in a pro series, but I did other things professionally for, with my life.
- 8:37One of the things that I was doing.
- 8:39Was I had, I had my own consulting practice, which was sort of the
- 8:44centerpiece of racing because it allowed me the flexibility to do
- 8:46whatever I needed to do to be away.
- 8:49But one of the things that happened outside there in 2006, in my consulting
- 8:54practice, I found an error in how Medicare pays all the hospitals in the country.
- 9:00That led to a litigation, which took six years between 2006 and 2012.
- 9:07So I was racing the whole time except for calendar 12, but that led to me eventually
- 9:14getting some money out of that appeal.
- 9:16That changed the complexion of everything TGM did at the time, and so then that
- 9:23was when, in 2013, so I took 12 off.
- 9:262013, I engaged a pro driver who was a previous A LMS driver to drive with me.
- 9:34That began my transformation as a driver because the illuminating moment
- 9:41was I found out that despite my prior performances on track, and I found
- 9:47out everything I was doing was wrong.
- 9:49So when you have a good benchmark and it's undeniable that they're in the same
- 9:54car on the same day, on the same truck.
- 9:56And you have data.
- 9:57It's pretty revealing.
- 9:59It's also, the good thing is you can figure out where you're doing wrong
- 10:03and try to work on fixing it, which I can tell you is the hardest part.
- 10:07Changing bad behavior is not easy.
- 10:10So when we ran into you earlier this year at VIR, you are behind
- 10:15the wheel of an Aston, right?
- 10:16So let's talk about some of the race cars you've piloted in the Pro series.
- 10:20What has that been like?
- 10:21Has it been a mixed bag or have you been able to stay loyal to Porsche Mixed bag?
- 10:25One of the guys that's in the series, will Turner told me a long time ago,
- 10:30he's at racing in the Pro series.
- 10:33Primarily because of the balance of performance adjustments is
- 10:36like Baskin Robs, it's kind of a flavor of the month routine.
- 10:40And so I decided in 2016 to move to GS from st. I had one of Turner's
- 10:48old cars in ST and then I bought one of Bimmer wheels S cars in AS team.
- 10:52But I decided to get outta that and go to gs.
- 10:55When we went to Gs, we went to Porsche, and so we ran Porsche in 16 and 17.
- 11:00Because we were trying to predict the balance of performance adjustments
- 11:07and what they would do and what, in 18 and 19 we went to Mercedes.
- 11:13Then in 20 and 21, which was during COVID, we made the decision to go to Chevy.
- 11:20Chevrolet had a a GT four platform.
- 11:24All of these are GT four platforms that was based on, you know, the Camaro,
- 11:28but it was built by Pratt and Miller.
- 11:31It was a race car and there were like 13 of them in the world.
- 11:34Good thing about that is it was a really good car.
- 11:37The band part about it, when you only have 13 cars, nobody did a lot
- 11:42of test miles with them, so we were, it break stuff and whatever, not
- 11:47because we were crazy, but because we were breaking stuff like Sebring.
- 11:51It is pretty bumpy and if there's something wrong with it, you'll find it.
- 11:55So in 2021 we were with them in 22.
- 12:01We went back to Porsche.
- 12:02Par was pretty sorted.
- 12:04Bad thing is there were like five teams in had.
- 12:07First race was Daytona, Porsche, Motorsport thinking BOP.
- 12:11They told all the teams run full wing at Daytona.
- 12:16In other words, your rear win otherwise slow at down.
- 12:20One team did car, got a BOP killed the car.
- 12:24So we had decided early on, uh, out of 22 to get out.
- 12:29And thereafter that's when we switched to Astons.
- 12:32And so we switched to Astons, what's called the 17 a chassis for 2324.
- 12:38And then in 25 we went to the Aston Martin Evo, which is the 40 a h Chassi.
- 12:44So it, it's got more dive planes and down force.
- 12:47It's got more aerodynamic effects on it.
- 12:50Well, you opened the door to talk about BOP one of my favorite subjects when it
- 12:54comes to sports, car and endurance racing.
- 12:56And I've asked plenty of pro drivers, there are feelings about it, some toe
- 12:59the political line, and some are more honest about how they feel about BOP.
- 13:03Do you mind if we go down that route a little bit and get your
- 13:06opinion on balance of performance?
- 13:08I'm actually a little more balanced and it's a hard job to try to
- 13:12equalize these cars, and so it takes a lot of effort and data.
- 13:16When it's complicated, they don't always get it right where I am.
- 13:20I understand.
- 13:21I don't like it, you know, I don't like what the answers are.
- 13:24But it's like anything else in life, you have to get your head around.
- 13:31You are gonna succeed and win no matter what they do.
- 13:35Try as they will slow you down.
- 13:37You gotta figure out a way to get better, faster.
- 13:41And however that is, you work with your manufacturer to try to change
- 13:45the BOP to get back something and to make the cars more reasonable.
- 13:50But at the end of the day, you work on setups, you try to figure out what
- 13:55anything that's wrong with the car, uh, you try to fix it, meaning we have
- 13:59two aspens and this year we thought we wanna work like a two car team.
- 14:04So you put one setup on one car and one setup on another
- 14:06car, and then you learn faster.
- 14:08You learn which ones faster.
- 14:10And it wouldn't work.
- 14:12It was always confusing.
- 14:13And so we got stuck going to a test day at Watkins Glen torrential rains.
- 14:19And so we were like, God, we should have just let, like not come.
- 14:22But what we did with our race engineer, who was a new guy to us, the cars
- 14:29stayed in the garage the whole two days.
- 14:31They took both cars pretty much apart side by side.
- 14:36And guess what?
- 14:37They found out?
- 14:38They weren't the same.
- 14:39They were different.
- 14:40That was fairly enlightening about what we needed to do for setup.
- 14:45And some of it's the mounting holes, it's how thick the splitters are
- 14:49on one side versus the other side.
- 14:51So it's all of this kind of stuff.
- 14:53So you try to work through it.
- 14:55So we work with, only the manufacturer can talk to the series about the BOP.
- 15:00And then the man, that's another level of complexity because the manufacturer
- 15:04has to represent all of the cards of your make, whatever that is.
- 15:09And so they're working to try to get the best average performance, but
- 15:13the way they do the BOP, what they do is they get data from the as in one
- 15:21highest placing card of each make.
- 15:26So the BOP is actually based on one car of Tom's car, whatever
- 15:31car Tom is driving of the BMW.
- 15:33And so the teams have different structures, whereas
- 15:39Tom is the paying gentleman.
- 15:41He brings you in as his pro.
- 15:44Depending on that relationship, Tom wants to win races.
- 15:49That's drives Eric's motivation and Tom's motivation to win races.
- 15:55However, winning races does not win championships, right?
- 15:59You can win a championship by hovering between third and fifth
- 16:03if you do that consistently.
- 16:05Our team is focused on winning championships, which is different.
- 16:10What that means is for a guy like, I'm just putting a bogey on you, Eric, a guy
- 16:15like a pro racer like you, you wanna win.
- 16:18But we gotta get you to hold the line because going as fast as you can is
- 16:24disadvantageous to your fuel mileage.
- 16:27So we are gonna tell you to run.
- 16:30To a number on the dash because we have fuel burn for per liters and
- 16:35it's between 2.6 and 3.9 or something like that, depending on the track.
- 16:40What we'll say is you gotta run this number because what we've calculated,
- 16:45the people in the pits have calculated that if you run that number from the time
- 16:49you got into the car, you won't have to stop again, but the other guys might.
- 16:53So once you get to a certain point, if we know you're good
- 16:57on fuel, we'll turn you loose.
- 16:58You see what I mean?
- 16:59Then you can try to win the, win the race, but uh, you're following a guy,
- 17:03you tend to want to get past him.
- 17:05But guess what?
- 17:06He probably wants to save fuel too.
- 17:08So if you don't push 'em too much and you wait till you're ready.
- 17:11Then you go.
- 17:12It's funny because this is the same dynamic in Formula One as it
- 17:15is in other disciplines of racing.
- 17:17Yep.
- 17:18I think the rub comes in for enthusiasts and fans sitting on the other side
- 17:22that may not know the intimate and intricate details as you just
- 17:25explained 'em about how BOP works and the strategy of racing as it is,
- 17:29you know, in today's era of racing.
- 17:31Because I think a lot of us look back to, I'll use Can-Am as an
- 17:35example, build a better mousetrap.
- 17:37You wanna be first and put a bigger motor in and that's
- 17:39gonna cause you to pit 10 times.
- 17:41Well, you know, if you got a 22nd lead, you know, so be it.
- 17:44The days of the Brian Redmonds and the David Hobbes and that type of
- 17:48racing is unfortunately long gone.
- 17:50And when I look back over the history, I unfortunately tend to blame Audi for this.
- 17:55BOP came into effect because of the quatros, because it
- 17:58was so unbalanced in imsa.
- 18:00They had to do something or the manufacturers were all
- 18:03gonna pick it and leave.
- 18:04It's changed the whole dynamic of racing and for those of us
- 18:07watching at home, were like.
- 18:08Just let 'em race.
- 18:09Like if the Mustangs faster, they had the advantage and they won it, you know?
- 18:13So, you know, having come up through the system after all these years, do you feel
- 18:17that racing is still as fun as it used to be, let's say, in the good old days?
- 18:22Or is it much more math, science and very, very intricate?
- 18:26It's fun in a different way, to be honest with you.
- 18:28That's the big similarities between racing and what I do in research.
- 18:34It's all about modeling.
- 18:35It's all about forecasting and figuring out how things work and what the relative
- 18:39strengths of a particular decision are.
- 18:41And you don't have this in sprint races and amateur races
- 18:45because you're only 25 minutes.
- 18:47You just put gas in it and put air in a tire and you go.
- 18:50But when you move to endurance racing, you're dealing with tire
- 18:53degradation, human degradation.
- 18:55If you're going longer races, it's all about arresting the derate of
- 19:01either human capital or the physical.
- 19:03If you're blinding lift fast and you burn tires off, you gain over
- 19:07here and then you lose back here.
- 19:09Or is it better to be like this and have a, a little slower ate out there
- 19:14where your average time is better?
- 19:16And so that's sort of what the game is now.
- 19:19And endurance racing, all of the rules are geared to trying to give each car and each
- 19:26driver pairing somewhat of a a chance.
- 19:30And back in the good old days, if you could build your car and you
- 19:34knew how to make it work and you had enough money, you could win.
- 19:38They're trying to change some of that, if you know what I
- 19:41mean, and try to balance it out.
- 19:42And so that's what driver ratings are about.
- 19:45You can't have too many gold people in the same car.
- 19:49The platinums are usually factories, so you can't have too many of them in the
- 19:52car, and you're trying to balance out.
- 19:56Because the easy thing is, is, I mean, if Tom's the fastest driver
- 20:00or the three of us, you just keep him in the car all the time.
- 20:02You just make 'em run the whole race.
- 20:04Well, they sit down.
- 20:04You can't do that if you're, he's paired with me.
- 20:07The minimum drive time is 40 minutes for the pair.
- 20:11One of us could drive 40 minutes and get out, and the other one can
- 20:13drive the rest of the two hours.
- 20:15Cool.
- 20:16That's still compliant with the rules.
- 20:17But they have these different driver time rules, so you don't just get
- 20:22all the super duper pooper drivers.
- 20:24'cause let's face it, if we got the biggest budget we can win.
- 20:27So we hire the best drivers, put 'em in a car and whatever.
- 20:30So in Formula One, that's what in theory, the budget caps are trying
- 20:34to do, trying to smooth that out.
- 20:36Because if somebody can spend 300 million, but Tom can only spend a
- 20:39hundred million, he's gonna lose.
- 20:41And so you, you have this allocation of resources, uh, wind, tunnel
- 20:45time, all that kind of stuff.
- 20:47So that's what they're trying to do with us.
- 20:50It's different pools.
- 20:52Our cars are supposed to be built to a GT four spec, the ones in, in
- 20:57the 24 of the GT three spec, and that's all sanctioned by the SRO.
- 21:02It doesn't mean that they're all the same.
- 21:04That means that they can achieve a theoretical similar
- 21:07lap time with a pro in it.
- 21:09But you can decide how big that gap is.
- 21:12That's what the SRO does.
- 21:14Can it be a second elap, maybe?
- 21:16Well, that's a big difference.
- 21:18And so when ISA went to, you have to have a GT four certified car from the SRO.
- 21:26Then ISA can make adjustments to slow it down.
- 21:29It can make you run different engine maps.
- 21:31It's that kind of stuff is, see what I mean?
- 21:33So there's a, yeah.
- 21:34Nuances.
- 21:36It is pretty technical.
- 21:38What's better, more torque or more power?
- 21:41The answer kind of is, depends on how long the straightaway you're going onto.
- 21:44I thought it was horsepower, was how fast you hit the wall and
- 21:48torque was how far you pushed it.
- 21:49Yeah, that's, that's same way.
- 21:51But if the straightaway is not too long, you want the torque.
- 21:55Right.
- 21:55So there are adjustments in our cars that give you the torque,
- 22:00lower end versus upper end.
- 22:02It just means you'll lose on top speed.
- 22:04Tom's car can get to 1 65, let's say, but most of the
- 22:09time the cars only get to 1 63.
- 22:11So why does he need the extra power to get him to 1 65?
- 22:14He needs the torque to get him outta the corner.
- 22:17'cause he can get to his max speed faster.
- 22:19So it's a gigantic trade off.
- 22:21It may not play well.
- 22:22We want to be out in front.
- 22:24We want everybody else to figure out saying, how can they be out that far?
- 22:29And the IMSA guys are looking at it saying, well, how do we
- 22:32get everybody at the finish line at the same time all the makes?
- 22:36Because each manufacturer has the following.
- 22:40I know drivers do too, but people come to see the Porsches and the Mercedes and the
- 22:46Fords and the whatever they come to see that the way the series looks at it, they
- 22:50want each manufacturer to have a chance.
- 22:53I'm not saying to win, but have a chance to win.
- 22:56And that's sort of what affects their metrics with balance of performance.
- 23:02You mentioned that the, uh, the BOP is based on the top performing
- 23:06race car of a particular chassis produced by a manufacturer.
- 23:10You are a true privateer.
- 23:12How much advocacy does the manufacturer give you when trying
- 23:17to adjust these balance of power?
- 23:20Clearly, because of the technical nature of this, you have tons
- 23:23and tons and tons of data.
- 23:25Do they advocate for the privateers or are they mostly interested in those top teams?
- 23:29They are generally advocating for the platform like Eston Martin, GT four Evo,
- 23:36or the Porsche, GT four, or the Mercedes.
- 23:40So they're advocating because that BOP is gonna apply to everybody.
- 23:45Everybody that's got one of those makes, they're working to do that.
- 23:48The manufacturers get data from all of the cars, all of our cars, all
- 23:53of the Astons, Aston's got it all.
- 23:55All of the Porsches, Porsche got it all.
- 23:58So they can look at that across 'em.
- 24:01Now, they're not supposed to be helping you versus Eric versus
- 24:05me, if you know what I mean.
- 24:06If we have the same card, they're not supposed to be doing that, and
- 24:09they can help you in a little way.
- 24:10They can give you baseline setups or something like that, but
- 24:14pretty much you're on your own.
- 24:16What they're doing is they're advocating with the series and the BOP committee.
- 24:22To work on the data, and it's more of an argument about what that data means, and
- 24:29the series has data more refined than us.
- 24:33For example, Eric mentioned Formula One.
- 24:35Think about it in Formula One, when you look at most of the Formula One
- 24:38tracks, they have three zones, 1, 2, 3, of which they, they're tracking
- 24:44data and all that kind of stuff.
- 24:45Well, SA gets it for like 10, so they know within zone one what those segments are.
- 24:51We don't, and the manufacturer doesn't get it that way.
- 24:55So there's an advantage that they have, I'll say an advantage they have,
- 24:58they have more data than we have.
- 25:00Interesting.
- 25:01If they interpret things in a certain way, you can't prove 'em wrong.
- 25:04You don't have the same fidelity that they do.
- 25:06Yeah.
- 25:07So you gotta remember, the best thing to do is you need to figure
- 25:11out how to make your car faster.
- 25:14And it doesn't have to do with power all the time.
- 25:18It has to do with handling.
- 25:20Uh, sometimes your brake pad compounds are open.
- 25:24They're not in the spec.
- 25:26Anytime you want, you can use any manufacturer brake pad, so
- 25:30you can use pad or anything.
- 25:32Then you've got compounds within that.
- 25:34So you, you use your connections with the brake pad manufacturers
- 25:39to get the best pads.
- 25:41You see what I mean?
- 25:42Different compounds of pad front to rear.
- 25:44Now tires we're stuck.
- 25:46We all have to use whatever tires.
- 25:48That's part of what IMSA does.
- 25:50And so sometimes the manufacturer will advocate for like a, a heavier car
- 25:57advocate for a wider front tire if the car's pushing a lot so they can do that.
- 26:03You see what I mean?
- 26:03They do basically, it's all of the segments around the track.
- 26:08It's not just the straightaway, it's.
- 26:11Quarter speed and then exit.
- 26:13And the mid quarter, the mid corner is, is a key area to work on.
- 26:17If you've been watching, uh, I don't mean to throw back to Formula One, but
- 26:21if you've been watching the Formula One stuff and you hear or stop and
- 26:24complaining about how the car's I balanced or whatever, forget about the
- 26:28poring stuff, he'll talk about balance.
- 26:31Well, balance is you are uncomfortable in the corners at what the car's doing.
- 26:36It's not feeling right.
- 26:37When you're not comfortable or confident, you can't put it on the
- 26:41edge 'cause you're still feeling of what it's going to do in the end.
- 26:45The most significant thing I learned when I started driving with a pro is one fact.
- 26:51It's not about the pedals, it's about feeling the weight.
- 26:55And if you feel the weight on each of the four corners, that's
- 26:58when you're, you need to see what it's gonna do, where it's going.
- 27:03And then your head tells your feet to do what with the pel.
- 27:07You see what I mean?
- 27:08So if you can't feel the front turn, you better not touch the throttle, because
- 27:16what it's gonna do is pull weight off the nose and it's not gonna turn even more.
- 27:20So it's counter what you're trying to do.
- 27:22You're trying to get to the go pedal quick.
- 27:24But if the car's not pointed right, that's why you need a bigger front
- 27:28tire on some of these cars then.
- 27:29And then you need to figure out how to drive them differently.
- 27:32Because it's like, well, the Mercedes and the Aston, they're kind of similar cars.
- 27:37You have to drive 'em differently.
- 27:38So that's another complication where the driver comes in and a guy
- 27:42that's like me, that's not really a, I wasn't born like a pro driver.
- 27:46I didn't come up and that wasn't my destiny from the time I was a kid.
- 27:51So you have to learn how to adapt, which is complicated.
- 27:56If you've learned it a certain way, you're just reiterating what I've
- 28:00told students for many, many years.
- 28:03The most valuable sensor in the car is the seat of your pants.
- 28:07That's what Hanok always said too, you know?
- 28:10Yep.
- 28:10But I think, actually this is a great segue, Ted, to talk about
- 28:14some of the challenges you've faced coming up through the system.
- 28:18Are there any stories you can share, maybe most challenging weekends, things
- 28:22you learned from those weekends that have transformed you as a driver?
- 28:25The key is to learn the good attributes or the good approach.
- 28:29With me it was more, you know, learning about weight management
- 28:32and not power management.
- 28:34It's a philosophy of an approach.
- 28:36Racing is actually a lot like life.
- 28:40Well, certainly you have to want to do it, but you need to understand
- 28:45you can be tested in what you think you're gonna achieve.
- 28:50The year we, we went to Porsche in 2016 in Gs.
- 28:55We were at Canada coming down the back straightaway.
- 28:57It was a test day.
- 28:59It was back in the, in the days when they used to let the track have a promoter test
- 29:04day as a way to get some of the money back that they were paying IMSA to come there.
- 29:08And so they got money from us in a test day, but he was coming down
- 29:13the back straight as he went into, into brakes, and he lost brakes.
- 29:17Car went into the wall and we were really worried about him.
- 29:21So we lost a car for the race, but we had another car.
- 29:24So I was in practice the very next day and I was coming into the last turn and
- 29:30got tapped a little bit in the tail.
- 29:33The car shot sideways, and I went right into a concrete barrier and severed
- 29:38my achilles tendon, my right tendon.
- 29:40I was done for the year.
- 29:42I couldn't even walk, and we lost two cars that weekend.
- 29:44Four and a half months later, I was back driving a race car because
- 29:48I wanted to drive a race car.
- 29:51And that drove my approach to my surgery, which I was told the only way
- 29:57to be back a hundred percent is to get full surgery and have, have the thing
- 30:00put back together because that's the only way it'll be a hundred percent.
- 30:04So I did that and I went through all the therapy, did the thing, because
- 30:09I wanted to drive race cars again.
- 30:11However that happened, like July 17th or something like that.
- 30:16The first weekend in August, Hugh and Cosmo were driving the car.
- 30:20I was just sitting on the box watching.
- 30:23We're always plugging different people into the team and we knew
- 30:27that we were having the team, so we, we wanted to have them together.
- 30:31To keep the energy moving in the right direction.
- 30:34So that's sort of, kind of an example.
- 30:36You, you don't let the stuff slow you down, and some of it's gonna be terrible.
- 30:40It wasn't the most bled thing that I've ever done, but it's not the worst.
- 30:44Okay.
- 30:45But then I was racing in the, in the IGT series in that
- 30:48series, erased only Porsches.
- 30:50We were racing at Daytona.
- 30:52I came through the kink, screwed up, crashed the car.
- 30:55So I couldn't really continue.
- 30:57And so we're like, what are we gonna do now?
- 30:59At the time I needed a Porsche Cup car and I was racing a Porsche
- 31:04Cup car in another series, but another team was doing it for me.
- 31:09It wasn't our guys.
- 31:10And so Hugh comes up with the idea.
- 31:12He says, let's go get the other car.
- 31:15So we're.
- 31:16Who's got the other car?
- 31:17Well, a CI had the other car, so we called Kurt who owns a CI.
- 31:22This was on Saturday morning.
- 31:24He happened to be at a funeral for his father.
- 31:27Kurt hooks up with his guys in Chattanooga and our guys drove
- 31:3310 or 11 hours to Chattanooga.
- 31:35Met those guys at midnight, got the car, brought it back, and
- 31:40then I was on track the next day.
- 31:43So why don't we do this?
- 31:45Because you're sort of driven to wanna succeed because
- 31:49you've got a goal in in mind.
- 31:51So there are disappointments, unpleasantries, but then you do it because
- 31:58you want to, because you have a desire to succeed, you desire to improve, desire
- 32:02to get, and that's sort of where I am.
- 32:04So earlier you mentioned how your day job in medical research, some of the
- 32:09aspects of that, the data crunching and the modeling have translated
- 32:13into the world of motorsport.
- 32:15Have any of the lessons you've learned in Motorsport translated
- 32:18into your medical research work?
- 32:20It's not necessarily my work, but it starts off in your world of that you were
- 32:26talking about Formula One because those folks have huge mathematical models and
- 32:32they have tons of data from their cars.
- 32:36It's such where they can go in.
- 32:38And change one piece of the data to change and affect a part in the car
- 32:45and then rerun it for a whole race to see if the part's gonna fail.
- 32:48We're not doing that, but in medical research we are.
- 32:53Just think about it.
- 32:54I'm pretty much settled in the cancer space and more specifically barreling down
- 32:59in the metastatic breast cancer space.
- 33:02So that's when cells get away and they go to a distant part of the body and
- 33:06then they start making trouble there.
- 33:08Imagine if there was a body part and we could simulate that part in a model.
- 33:16And then let's say it was cancer, and we're getting the data inputs for the
- 33:22models from how cancer responds in mice.
- 33:26Then ultimately how it responds in humans by measuring people that
- 33:31are in clinical trials, they're taking data from these sources.
- 33:35It's, it's like the F1 guys with the sensors for their car.
- 33:39We're using this other kinds of data to try to model this, and
- 33:44then you can try to change the therapeutics to be more effective.
- 33:48And so that's sort of how the two relate together.
- 33:53And last year we started running the moniker on the car driving research,
- 33:59and that comes from our research.
- 34:02My goal is to drive research the way we do it in the United States in a
- 34:07different direction than what we do.
- 34:09Pretty sure you guys will understand this.
- 34:10You know where the red zone is in football?
- 34:12Oh yeah.
- 34:13That's where the drug companies are.
- 34:15Just before you score from the 20 back to the 50.
- 34:18That's where NIH is.
- 34:20I'm down the other end of the field trying to figure out how cells migrate,
- 34:24how they split, what do they talk?
- 34:26They talk to each other.
- 34:27What the hell are they saying?
- 34:28Why does your immune system when a cancer cell says, I'm okay?
- 34:32Why is your immune system listen?
- 34:33Why does it attack it?
- 34:34So we're trying to find out how this stuff works.
- 34:37And so if you knew how it worked, you could come up with strategies to get
- 34:41down the field in a more effective way.
- 34:44And the drug companies only want to jump in after things have been de-risked.
- 34:48They're closer to the ROI, that's what their business is.
- 34:52But I'm trying to say, well, how do we get people better, quicker?
- 34:56And maybe it's through modeling and it's through a lot of the research
- 35:00that's getting published now from a lot of our cancer researchers.
- 35:03That's why I say we're, that we're driving actually came from
- 35:06one of my cancer researchers.
- 35:08He said, you're driving us somewhere.
- 35:10Yep.
- 35:10That's what we're doing.
- 35:12And so what's driving about it is I'm investing down this end of the field.
- 35:16Other people aren't because down our into the field, the risk of failure in the
- 35:22context that the hypothesis, how we think it works is not how it works is higher.
- 35:28So we might not prove our hypothesis.
- 35:31Research is based on Tom proving his hypothesis and then
- 35:35being able to get more money.
- 35:36That's his sustenance in the research world.
- 35:39While I say, well, it's okay if it doesn't work that way, as long
- 35:43as we just tell everybody that.
- 35:44So now we all learn something and it's no different than car racing.
- 35:48What do you think we should do for a setup?
- 35:50Well, we'll do this at this track on this day.
- 35:53We go out and say, oh, that's terrible.
- 35:56Well, we failed.
- 35:58Now what do we do?
- 35:58Well, we gotta do something else.
- 36:00And so it's sort of crudely similar.
- 36:03Absolutely.
- 36:04Yeah.
- 36:04There's a couple things I wanna pull on there to clarify for our audience.
- 36:08You talked about investing in the research space.
- 36:11You talked about, you know, using Thomas as an example to prove his hypothesis.
- 36:14This sounds like the genesis of the JKTG Foundation.
- 36:18Do you wanna explain a little bit more and elaborate on how that came to be
- 36:21and what it's about and what it means?
- 36:23I alluded to the appeal.
- 36:25I was in between 2006 and 2012.
- 36:28I had my own consulting practice and actually my wife was working with me
- 36:34in the consulting practice in 2001.
- 36:36Jane had, there was an initial finding of breast cancer.
- 36:40They removed it and she got radiation and had some other surgery
- 36:44and everything was fine until.
- 36:472008 when it emerged, it had metastasized to her bone.
- 36:53Breast cancer likes to go to bone, lung, liver, and brains.
- 36:57For whatever reason, we still don't know why it has a preference.
- 37:00We're still working on that.
- 37:02So she had it in her left hip.
- 37:03That was in 2008.
- 37:04Then she went through all kinds of of therapies.
- 37:07December 31st, 2010, she's dead.
- 37:10Two weeks later, we win the appeal.
- 37:13So during 2011, I knew I was gonna get money out of it from the
- 37:18appeal, and so I started to think about what I was gonna do next.
- 37:23And emerging through 12.
- 37:24The idea of the JKTG Foundation was born that I was gonna do something else.
- 37:29What I wound up doing was at the end of 12, we started filing applications
- 37:36for tax exemption with the IRS and they all, the legal eagles told me
- 37:40I would get approved in nine months.
- 37:42I got approved in nine weeks as a game one.
- 37:45So the first part of 13 we worked in things I knew it's the Jane Kaus, Ted
- 37:52Giovanni Foundation for Health and Policy.
- 37:56And so we jumped into the health policy space, which is what I knew.
- 38:00And then in the middle of 14 we moved into the cancer space and we
- 38:07pretty much been there ever since.
- 38:09So it was driven by Jane collided with me wanting to do something different.
- 38:15What I, I'm doing with the foundation is I funded it.
- 38:19I, I, I created an estate for it, which, uh, the foundation has, but it could
- 38:24always use more money because if I had more money, I'd spend it on more research
- 38:29and doing things that we can't answer.
- 38:30But that's sort of where it all came from.
- 38:33But it grew over a period of time.
- 38:36It was purposed by events in my personal life.
- 38:40Well, what I'm driving towards with this is we see all the time, logos,
- 38:45sponsorships, graphics, wraps, all sorts of things on race cars.
- 38:48And we wonder all the time, what is CrowdStrike really doing for that car?
- 38:52Or what is Pennzoil have to do with this other car?
- 38:55Whatever it is.
- 38:56You know, if you look at all the iconic liveries over the years, whether they were
- 38:59tobacco, alcohol, or whatever have you.
- 39:01But in your case, it's something real.
- 39:03It's something personal, and it's something extremely pointed.
- 39:06Merging those two worlds, 'cause you've continued to race throughout
- 39:09all of this time as you've been building the foundation and whatnot.
- 39:13How has Motorsport helped Springboard the foundation?
- 39:16How has it helped you gain exposure for the foundation?
- 39:19Not as much as I want, let's put it that way.
- 39:21But there's more people who are becoming aware of it.
- 39:25I guess there's two aspects.
- 39:26One is you want other groups and philanthropies or whatever
- 39:30to put money into research.
- 39:33It gets complicated because it's not any old research, but it's
- 39:38funding totally differently.
- 39:39I don't pick organizations, I don't pick big schools and I pick people.
- 39:44So you pick the best researchers, and if they just happen to be at
- 39:48Tom Newman University, it's cool.
- 39:51I'm not going after Tom Newman University.
- 39:53I'm going after.
- 39:55Eric, who happens to have a lab there.
- 39:57Then we cook up a project with them, which tends to emanate from
- 40:00an unfunded idea that you had.
- 40:03And good people tend to have really good ideas, and so we wind up funding them.
- 40:08And what we do is we do it in a way, it's not necessarily what the university
- 40:14wants because I'll tell you why.
- 40:16In a project of any, any sort, there's always the direct research costs,
- 40:21what someone spends in the lab for the postdoctoral students that are
- 40:24doing the stuff and all that stuff.
- 40:26And then there's the indirect cost.
- 40:28It's called overhead.
- 40:29What we do in working with the researcher, we take this embryo and idea, we evolve
- 40:36it into some kind of project, which might look like a 10 or 12 page paper,
- 40:41and then we, the foundation come up with an agreement with the university.
- 40:46Then the project is an appendage to that contract.
- 40:50Then we talk to the university and we don't allow much or any indirect costs.
- 40:57That's where they make their money.
- 40:58I'm interested in the researchers and not the university per se.
- 41:04And so what we're trying to do is I got a really small glob of peanut butter
- 41:09and I'm trying to spread it on this piece of bread without tearing it.
- 41:12So I'm trying to get as thin as possible so I can do more
- 41:15with the guava peanut butter.
- 41:17'cause they got a lot of things to do, a lot of people to, to look after.
- 41:20And so that's why I don't wanna blow it on indirect cost.
- 41:24I don't care about the president of the university and their HR
- 41:28department or their fundraising people.
- 41:30I don't care about any of this.
- 41:31Why do they need anything?
- 41:32They didn't really do anything for this.
- 41:34I brought the money, researcher did what he needs to do.
- 41:38He has the ideas and stuff, and for us, if they get his direct cost funded, they
- 41:42were gonna probably have to pay his direct cost if he didn't get this money anyway.
- 41:46So what's the problem?
- 41:47This tends to empower the researcher and de power, if
- 41:51that's a word, the university.
- 41:53And so that dynamic, it changes a lot of these researchers.
- 41:57We've funded stuff for eight or so years and they're always coming
- 42:02up with new and better things, and we're always expanding our bandwidth.
- 42:07And so the more we learn, the more everybody learns, the more it becomes
- 42:11an intellectual feeding frenzy where everybody wants to work on these
- 42:15different kinds of modeling projects.
- 42:17You know, some of it you can't see directly from here to the patient.
- 42:22Like some guy came up with a new modeling grammar that allows all researchers
- 42:27to get this software that he created and be able to see if their project
- 42:33has any anything worth doing there.
- 42:35And they can do it within having an hour of tutoring without having a
- 42:39bioinformatics person on their staff.
- 42:41So you get more people finding out more good or bad, it'll
- 42:46work at Walmart, work faster.
- 42:48So more faster leads to a progress.
- 42:52Yeah.
- 42:52And that leads to a really interesting question about the use of AI both
- 42:56in your day job and in Motorsport.
- 42:58So where do you see that playing a role in both cases?
- 43:01Well, they're already using it in some of our cancer research projects, but it
- 43:06needs to be managed by the right people.
- 43:08But yeah, AI is emerging right now at being very good at certain dimensions of
- 43:15healthcare, like reading radiology films.
- 43:18AI is much better at determining whether cancer is present or not present.
- 43:25It's like 95% accurate, whereas doctors are 65% accurate.
- 43:31Don't take this hook and go out to see what my understanding of how
- 43:34that comes to be is AI is better.
- 43:39At determining what the good part of the film is.
- 43:44I mean, my whole hand was alone.
- 43:46There's one little.here that's bad.
- 43:49So what the AI is seeing is all of this other space that it's perceiving that it's
- 43:55very similar than it's not a bad part.
- 43:57You see what I mean?
- 43:58So it becomes more better at that, which makes it good at
- 44:01identifying the bad stuff.
- 44:03And so one of our projects is doing that same thing with
- 44:07looking at biopsies of cancer.
- 44:10And in order to do this AI, you need a supercomputer.
- 44:15And so only so many people have it and it obviously it's all over the news,
- 44:19gonna need a lot, lot of electricity.
- 44:21And it's not necessarily to power the computer, it's to power the cooling
- 44:25mechanisms you need to keep everything cool when you're running these babies.
- 44:28So you can't just go.
- 44:30Oh, the three of us are gonna start using ai.
- 44:33We gotta have this little infrastructure, the whole reason pit race got sold.
- 44:37But we'll leave that where it is.
- 44:39The biopsy project's gonna take, probably it's gonna take a year and
- 44:42a half to feed the biopsies in there.
- 44:44'cause it takes like an hour and a half to scan one.
- 44:47You get in there and then you can start to do some analytics of it.
- 44:51You gotta have some baseline information.
- 44:53So you gotta have a scan and you have to know something's wrong with the scan.
- 44:59So then you can put this in there and then you can say to ai, Hey, look at this.
- 45:03What's wrong?
- 45:04'cause you know the answer.
- 45:05It's sort of kind of like that.
- 45:07So that's what we're doing with biopsies.
- 45:10And so you'll see this emerge more on the diagnostics, x-rays,
- 45:15whatever their diagnostics.
- 45:17And then I think you'll see it emerge into more treatments or
- 45:21more monitoring during treatment.
- 45:24Once we know it's there and we decide on a certain therapy.
- 45:28We have to go back and look and say, is the therapy working?
- 45:31Are we doing good?
- 45:32Are we doing not so good?
- 45:33That's sort of where the whole thing, uh, will shake out first,
- 45:37but it's gonna take a while.
- 45:38You know, the limitations, the physical stuff, you know what I mean?
- 45:42The supercomputers, the having the data to train it.
- 45:45I'll ask you two, what idiot in their right mind would fund a project that
- 45:49deals most of the cost is feeding data and scanning it into a machine.
- 45:54The Department of Defense, well, well, that's me.
- 45:57I'm paying for that, but you're right.
- 45:59Could do that.
- 46:00But I mean, it's like that's what you're trying to do, but, and we
- 46:04don't have the stuff scanned in to be able to train this thing.
- 46:07It's gotta have all the pieces together so it's the right people,
- 46:11sort of the right conditions.
- 46:13That's why I'm driving research with how we're picking people.
- 46:17That's sort of the simple version of it.
- 46:20Let's switch gears and get back into some more racing conversation, shall we?
- 46:25In my experience, and certainly it's not anything that's approached yours.
- 46:28We've seen some professional drivers move down from MS IMSA at the true professional
- 46:34level, kind of like as a guest driver for some of the amateur endurance racing
- 46:39teams and take a, a, a spin in their car, whether that's Randy Popes in the 24 hours
- 46:46of, of lemons or other drivers coming down for the American Endurance Racing Series.
- 46:51Have you thought about doing any of that if, uh, if you were offered a
- 46:54seat or do you have some prohibitions based on where you're at now?
- 46:58To be honest with you, it's more time availability.
- 47:01More than anything else.
- 47:03I mean, if I think about it, that was one of the factors when I was racing
- 47:07IGT, I kind of ran out of time to do that and what we were doing, because what we
- 47:14started to do as we purchased new cars, we tested more, and as we test it more,
- 47:21that's sort of where your time goes.
- 47:22So it's the question of what do you have the time?
- 47:24So I consider doing that maybe more for fun.
- 47:28But the reason those pros migrate down there, a lot of those guys, they
- 47:33don't have rides in the other series.
- 47:36And so they need to make money somewhere so they have driver
- 47:39coaching done at the lower end.
- 47:41Gotcha.
- 47:42It's a different kind of definition of a gentleman.
- 47:44Driver.
- 47:45Yeah.
- 47:45It's a person with money that doesn't really make their
- 47:48living at driving race cars.
- 47:50Right.
- 47:50And I'm glad you brought that up, Ted, because there's a lot of people
- 47:53that share the sentiment that there aren't gentlemen drivers left anymore.
- 47:57You know, like the Graham Hills and you know, those types of back in the
- 48:01day that to your point, they all had day jobs doing something else, but they
- 48:04had the fortitude and they also had the fortunes to be able to go and do racing
- 48:09in their, say, in their midlife versus these kids that are starting out four or
- 48:12five years old and go-karts and working their way up to the pro ranks by, you
- 48:16know, their 21st birthday kind of thing.
- 48:18As someone who did start racing later in life compared to these other folks
- 48:22as as examples, what message do you hope your story brings to other people?
- 48:27What Can you share any advice.
- 48:29First of all, whatever kids are coming up, they gotta do this because they love it.
- 48:35They gotta really like to do it.
- 48:38What was it the, the old quote that Richard Petty said, they said, uh,
- 48:41Richard, what would you like them to say as your epitaph when you're gone?
- 48:45And he said, I would like him to say he was a man who had a job,
- 48:48who liked his job and did it well.
- 48:50Uh, when you think about it, he didn't mention money, but
- 48:54money came because he did it.
- 48:55Well, the dynamic in racing now, it's very competitive to get in.
- 49:01When you're driving, particularly in an endurance series, you
- 49:06need a driver with discipline.
- 49:08And a young driver that wants to prove themselves may get a little too
- 49:12enthusiastic sometimes, which leads to crash damage, which who pays for that?
- 49:16So you need to be in control of yourself when you're doing
- 49:20stuff in more ways than one.
- 49:22I'm pretty much a weird bird in that why do I race?
- 49:28The series, which is arguably probably the most competitive series in the
- 49:33United States, because I know when I'm driving, I'm gonna be close to laugh.
- 49:38Why would I do that?
- 49:40And it's because of the competitive pond I'm in.
- 49:44It drives me and, and I'm sure if he were here, he would tell you, we do
- 49:48better overall when I do better because I give him the car in a better position.
- 49:55That gets us back to the, the pairings.
- 49:59It's like we have to take the two mes and make them a we.
- 50:03He knows he can't do anything to set up that I can't handle.
- 50:08It's not demeaning to me what I just said.
- 50:11It's just the talent.
- 50:12But when I can do well on average, then he's in the top 10 all the time and that's
- 50:19how we won the bronze and set simple.
- 50:22And while you're in the heat of battle, you don't recognize what you're doing.
- 50:26You sort of really don't.
- 50:27And this year was like that.
- 50:30We didn't do good at Daytona.
- 50:31And then we sort of did a little bit better at the Seing, and then
- 50:34we went for the next couple races.
- 50:36We were like not so good.
- 50:38And so we were behind in the points, but we won bronze.
- 50:41And it wasn't until the end of the year, Hugh says, he said, well, you
- 50:45know, we won bronze, we were dominant.
- 50:48I said, are you kidding?
- 50:49We, we won by 200 points.
- 50:51That's like, like dominant.
- 50:52And he said, and then when you look at it, I read the Yearend review.
- 50:56We were terrible in Canada.
- 50:59We were terrible at Watkins Glen.
- 51:01Watkins Glen was on me, Canada was on the crew.
- 51:03And then we started to come back and then we said, so then we go to VIR.
- 51:07We won VIR for Broads.
- 51:09Before that we had won Road America, and then we went to Indy.
- 51:12We won Indy, and then we went to Road Atlanta and we won that.
- 51:16And I was like, oh yeah, we were pretty dominant.
- 51:20And so I didn't realize it until after everything was over.
- 51:25And then like my experiences, I guess what the, the big takeaway
- 51:29is do it because you love it.
- 51:31Don't get disappointed because there's gonna be disappointments along the way.
- 51:35Mine were just physical or crash or whatever.
- 51:37And you need to have a lot of discipline and set your brain such that you are
- 51:42willing to learn from anybody because the more you learn from the broader
- 51:46the base, the better off you'll be.
- 51:48The hard part for the younger guys now is getting in a car.
- 51:51Because while talent helps to get you recognized, ultimately you're gonna need
- 51:58some money to get you in a seat and get you in a right car, that kind of stuff.
- 52:03Now, there's some scholarship programs now, but they're not big money.
- 52:07They really aren't.
- 52:08So I think a lot of the kids coming up are gonna be family funded
- 52:12of some sort, but it's sort of competitive going to the, like the
- 52:16GT four platform and the GT three.
- 52:19But let's just talk about the GT four.
- 52:20We used to be able to build a a GS car for 150 grand.
- 52:24In order to buy a new car, you're gotta buy pay three 50 or three 30.
- 52:28So the price of entry has gone in just to sit at the table.
- 52:31You have to have so many chips.
- 52:32For the younger guys, you get into a situation where, what
- 52:36kind of an individual would I let drive my 350,000 car?
- 52:39That's fair.
- 52:40Yeah.
- 52:41Three 50,000 cars consume brakes and rotors and gas and
- 52:45tires and all that kinda stuff.
- 52:46We're gonna be spending a thousand bucks a piece on tire texture.
- 52:49When they went to this homologated platform, the cost of racing went up.
- 52:54That's ultimately will be a, a limitation for people, I think.
- 52:58I mean, how do you get in?
- 53:00It's like Tom's saving money to buy a new car and now he
- 53:03finally gets up to 25 grand.
- 53:05Now he finds out the price of the car is 40 and you're like, God, I saved
- 53:09all this money to get to this point and now I can't get the car because
- 53:13you're always chasing it, basically.
- 53:14Right.
- 53:15And so that's part of the problem and that's what happened with the economics
- 53:20of racing where the manufacturers.
- 53:23Pay the series to be in the series.
- 53:27Michelin pays the series to be the tire VP Fuels pays the series be in the series.
- 53:35The tracks pay the series to come to the track.
- 53:39You get a pattern here.
- 53:41Oh yeah.
- 53:42And so because of that, with tires, it's fine.
- 53:46We have to buy the Michelins and everything was fine.
- 53:48And then, oh, guess what?
- 53:49They put tariffs on it because they're all coming from France.
- 53:52Uh oh.
- 53:54Uh, speaking of which for me, I have one last question for you, Ted.
- 53:59Since you are at the pinnacle of endurance racing in the United States,
- 54:02are there any future plans for Lamar?
- 54:05And can I carry your suitcase if the answer is yes.
- 54:09Well, I already considered Lamar and in 2020 he asked me that.
- 54:14He said, have you ever thought about doing anything bigger and going to Lamont?
- 54:18All that kind of stuff.
- 54:19Despite my involvement, that was the first year.
- 54:23This was 19 to 20.
- 54:25That was the first year in January when we raced at Daytona, I
- 54:29decided to stay over for the 24th.
- 54:31I've never stayed for the 24th myself.
- 54:34'cause we race on Friday.
- 54:35I usually leave and watch it on tv like the rest of you.
- 54:37I decided to stay over and it just so happened that we had passes
- 54:41to get into the Cadillac suite.
- 54:44We had raced with Chevy.
- 54:46Chevy didn't have a suite but Caddy.
- 54:48They got us in the caddy.
- 54:49We were there looking at it and I was watching the 24 and I said, you
- 54:54know, I could go to La Mall, which is a two or three year run 'cause
- 54:58you gotta go to the road, to LA Mall.
- 55:00You have to, I'm gonna go to a attract that's thousands of miles away that I
- 55:05could only run on so many times a year.
- 55:07Why don't I do this?
- 55:09Why don't I do this 24 hours in Daytona?
- 55:11And that led to me running the 24 in 21, 22, and 23.
- 55:17And the first two were in Porsche.
- 55:18The second, uh, last one was in Anas.
- 55:21Probably not gonna go to LA Mall, certainly as a driver, but I probably
- 55:27am gonna run to 24 as a Daytona again.
- 55:29Very good.
- 55:30The most likely time is gonna be in 27.
- 55:34So that's sort of what's more in my racing future.
- 55:37If there's a bigger thing with my other son in my world with cancer research,
- 55:42I'm gonna figure out how change, how we think about research, and that's
- 55:46sort of my other objective over there.
- 55:48But no Tom, so I'm not going to the mall.
- 55:51Probably be watching that on TV too with the rest of you guys.
- 55:54Yeah, Daytona is interesting enough, let's put it that way.
- 55:58The Advantage Daytona has is it has lights.
- 56:01It's not light alone, Lamont, it's as we, a friend of mine used
- 56:05to say, it's pretty dusky here.
- 56:07It's like being at the back of BIR at night.
- 56:10It's pretty dark back there.
- 56:12Yeah.
- 56:13But at Daytona it's a different kind of exhilaration.
- 56:17You get similar talent pools 'cause you get people that won the Indy 500
- 56:21there and Scott Dixon drives there.
- 56:23They're in the prototypes, but you're all on the track with them
- 56:26and everything's sort of works out.
- 56:29The biggest problem with running the 24 is driver degradation.
- 56:34And that's why they try to keep the gentleman drivers more in the
- 56:39light than on the in the darkness.
- 56:41'cause bad stuff happens in the dark and that's what they say at the 24.
- 56:44If you make it through the night, you get a chance.
- 56:47When we ran the Aston in 23, uh, we had a left rear hub that broke.
- 56:51So that was sort of that, that kind of put a rip in our sail.
- 56:54But they fixed it.
- 56:55I mean, we were back out, but that's the only one.
- 56:58The other year we finished like seventh or something like that.
- 57:01And GDD.
- 57:03Ted, you talked about doing a little retrospective
- 57:05analysis over the 2025 season.
- 57:08Let's take that a little bit further, and if you look back over your very
- 57:12long racing career, what's your proudest moment and why does it stand out?
- 57:15Can I pick three?
- 57:17Sure.
- 57:17Not in any particular order.
- 57:19The first one would be winning the IGT Championship, my favorite, because there
- 57:24are like multiple classes of Porsches.
- 57:28It's basically an aggregation of points.
- 57:30So you could be running against me in a GT three car, I mean a real GT three Porsche,
- 57:36and it's how much we all make points.
- 57:39And so it was actually winning against three different classes.
- 57:43So whoever had the best, so that was sort of a big moment.
- 57:47The other one would probably be this year, winning the two
- 57:49bronzes this for the second year.
- 57:51That would, that's sort of a big deal 'cause it's becoming harder to do.
- 57:56But I would, I would almost say that the most significant thing was at the 2024
- 58:03in some banquet when we were getting the awards was something that two guys said
- 58:08to me from two different perspectives.
- 58:10Uh, one was the series manager for our series and the other one was
- 58:14a guy that's team owner of JDC.
- 58:17They both at the banquet said, we noticed you are getting faster
- 58:22because that's what it's about.
- 58:24It's always about me versus me.
- 58:27And if I am able to achieve that while I'm getting older, that's like a big deal.
- 58:33It means I'm not losing it.
- 58:35I'm doing something right.
- 58:37I'm not doing everything right by no means, but it means that
- 58:40compared to me, I'm getting better.
- 58:41So that's a kind of a good thing.
- 58:44And when that stops, that's when I'll do something different or recalibrate
- 58:49and drive slower cars or something.
- 58:52Achievements a one thing, but what you really want to achieve is about
- 58:56improving yourself, and that's what the young drivers need to focus on.
- 59:00Prove yourself.
- 59:01That's what I've always said.
- 59:03If I worry about fixing me, the me versus the other guys will
- 59:07take care of itself eventually.
- 59:10Advice.
- 59:11Alright, Ted, well, we've reached that part of the episode where I like to
- 59:15invite our guests to share any shout outs, promotions, thank yous, or anything
- 59:19else that we haven't covered thus far.
- 59:21This is not meant to be salesy, but for finding out more about
- 59:25cancer research and what we're doing, go to jktg foundation.org.
- 59:30It will tell you a lot of what we're doing.
- 59:31Also, you can go and just search me ted gi honest.com.
- 59:36That's my website, but that'll tell you the other dimensions, including
- 59:40it'll get you to the racing site, TGM racing, and it will tell you a lot of
- 59:45things that we're doing and I think for a lot of people that are either
- 59:49in business or racing or whatever, follow me on LinkedIn and Instagram.
- 59:54Because when you find, see, my LinkedIn posts are all about helping people.
- 59:58The posts are taken from things I've learned from racing, but
- 1:00:01it's also in business and in life.
- 1:00:04And so I'm not selling anything.
- 1:00:06I'm trying to help people, trying to get through all this stuff
- 1:00:08that we call life, you know?
- 1:00:10And so it's not gonna be smooth, and it's not gonna be straightforward,
- 1:00:13but, but you can make it through it.
- 1:00:15Keep the face.
- 1:00:17Keep going.
- 1:00:18Well, folks that wraps up today's conversation with Ted Giovannis.
- 1:00:22Ted's story proves that racing isn't only for the young, but for anyone with
- 1:00:26the drive and dedication to chase their passion from competing in endurance
- 1:00:30racing to leading groundbreaking efforts through the JKTG Foundation, Ted's story
- 1:00:34is a reminder that it's never too late to chase your dreams and make an impact.
- 1:00:38If you'd like to learn more about Ted's journey, his racing efforts,
- 1:00:40or his foundation's important work in advancing medical research, be
- 1:00:44sure to visit jktg foundation.org and follow along with updates from
- 1:00:49JKTG Foundation on social media.
- 1:00:52And with that, Ted, I can't thank you enough for sharing your
- 1:00:54evening with us here on Break Fix.
- 1:00:56And I have to say, if it wasn't said earlier, for those listening at home, Ted
- 1:01:01is about to celebrate his 80th birthday proving that you're never too old to
- 1:01:06get behind the wheel of a race car.
- 1:01:08And if that isn't inspiring for all of us to get off the couch,
- 1:01:12get out of the garages and get on track, I don't know what is.
- 1:01:15So Ted, keep going.
- 1:01:16As long as you can keep going.
- 1:01:18This is awesome.
- 1:01:18I will, that's, that's what I plan on doing.
- 1:01:21So it's uh, it's really good.
- 1:01:22I don't know what the future holds, but I'm going to be finding
- 1:01:25out, let's put it that way.
- 1:01:27I'm gonna be doing, doing it to the end.
- 1:01:29All good.
- 1:01:29Thank you for, for having me on.
- 1:01:31Thanks for being with you too.
- 1:01:32Thanks for hooking up with Tom again.
- 1:01:34Thanks, Ted.
- 1:01:34It was great seeing you as always.
- 1:01:41We hope you enjoyed another awesome episode of Break Fix Podcasts, brought
- 1:01:45to you by Grand Tour Motorsports.
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