The Sad Truth about my Hypercars

Houston Crosta
22 Sept 202418:27

Summary

TLDRIn this video, the host discusses his journey with car ownership, detailing the sale of his Koenigsegg Agera HH and his pursuit of an Agera RS. He shares his experience with the car modification process, including the challenges faced with his Bugatti Veyron project. The host also talks about his decision to leave the chicken business, his plans to consolidate his car-related businesses under one roof, and his aspirations for 2025, which include finding another hypercar and rebranding his business to enhance customer experience.

Takeaways

  • 💼 The speaker discusses the financial burden of maintaining multiple buildings and employees, leading to cost-cutting measures.
  • 🚗 He recounts his experience with selling his Koenigsegg Agera HH and the subsequent car purchases, including a Lamborghini Diablo and a Koenigsegg Carrera GT.
  • 🔧 The Veyron project faced issues with the build process and the final result, leading to dissatisfaction and a decision to modify it further.
  • 🏡 The speaker is no longer involved in the chicken business, having sold his share to focus on his car businesses and family life.
  • 👨‍👧‍👦 He expresses a desire to spend more time with his family and reflect on the rapid passage of time as his children grow.
  • 🚀 The speaker is working on consolidating his businesses, including Royalty Exotic Cars, under one roof for better efficiency and customer experience.
  • 🔄 He mentions the challenges faced with the Savage Mercy project and the potential for building a custom Venom GT using a Lotus Exige.
  • 🏁 The speaker has plans to finish the gold STO and possibly the Hennessey HPE1000 project, despite facing delays with suppliers.
  • 💰 He talks about the potential sale of several cars, including a Gallardo and a Superleggera, to streamline his collection and focus on new projects.
  • 🎥 The speaker hints at an increased focus on content creation, possibly producing more videos now that he has more time available.

Q & A

  • What was the main issue the speaker faced with the lawsuit and insurance problem?

    -The speaker faced an insurance problem and a lawsuit due to a body shop messing up with his Hummer H1, but he was told he couldn't discuss the details.

  • Why did the speaker sell his Agera HH?

    -The speaker sold his Agera HH because he got excited about the opportunity to buy an RS model of the Agera during Monteray Car Week 2023.

  • What happened to the deal of buying the RS model of the Agera after selling his Agera HH?

    -The deal to buy the RS model of the Agera fell through despite being very close to completion. The seller changed the terms when the speaker agreed to buy it.

  • Why did the speaker decide to sell his part of the chicken business?

    -The speaker decided to sell his part of the chicken business to focus on businesses where he had full control and to avoid high-stress situations.

  • What is the current status of the Veyron in the speaker's possession?

    -The Veyron is currently back under the knife for modifications as of September 2024, and the speaker is not satisfied with its current state.

  • What is the speaker's plan for his car dealership called Vegas Auto Collection?

    -The speaker plans to consolidate his businesses, including Vegas Auto Collection, Royalty, and the Houston car scene, into one building to streamline operations and enhance customer experience.

  • Why did the speaker buy the Carrera GT and the Diablo 6.0?

    -The speaker bought the Carrera GT unexpectedly and the Diablo 6.0 to fill the gap left by the failed purchase of the Agera RS. He also mentioned making a decent profit from selling the Diablo 6.0.

  • What is the speaker's opinion on the current state of the aftermarket parts suppliers?

    -The speaker has faced issues with aftermarket parts suppliers due to the changing economy, causing delays in his projects like the gold stto.

  • What happened to the speaker's relationship with Edmond after the chicken business?

    -The speaker and Edmond are still good friends but don't talk as much since Edmond is busy with the chicken business and the speaker has moved on to focus on other businesses.

  • What is the speaker's goal for 2025 regarding his car collection and businesses?

    -The speaker's goal for 2025 is to find another hypercar to replace the HH, rebrand and consolidate Royalty, and potentially create more content by making more videos.

Outlines

00:00

🚗 Car Collection and Business Updates

The speaker discusses various challenges and updates related to his car collection and businesses. He mentions issues with lawsuits, insurance, and body shops that have affected his car collection. He talks about the expenses of maintaining multiple buildings and employees, and how he's trying to cut costs. The speaker also reflects on past events, such as the Monterey Car Week 2023, where he sold his Koenigsegg Agera HH and the subsequent car purchases and sales he made. He expresses his desire to acquire a Koenigsegg Agera RS, the difficulties in doing so, and his temporary car purchases to fill the gap. He also discusses the progress and setbacks with his Bugatti Veyron project, including its current status and his dissatisfaction with it.

05:01

🔧 Car Projects and Personal Life

In this paragraph, the speaker talks about his plans for future car projects, including his intention to finish a hypercar project with Edmond. He shares his decision to leave the chicken business to focus on his businesses fully and spend more time with his family. He discusses the sale of his part in the chicken business, his desire for a business without partners, and his plans for 2024, including focusing on the Royalty brand and other ventures. The speaker also mentions his children growing up and his wish to avoid high-stress situations, leading to his decision to sell his share in the chicken business and focus on car-related projects.

10:05

🏎️ Car Collection Details and Future Plans

The speaker provides a detailed account of his current car collection, including the gold STO, a Hummer H1, a Lamborghini Aventador LP 5000s, and other vehicles. He discusses the status of each car, such as the Savage Mercy in pieces, the 2005 Roadster almost finished, and the 2010 Lotus Exige he wants to turn into a Hennessey Venom GT. He also talks about the potential of building his own Venom GT and the possibility of selling some cars to fund other projects. The speaker mentions his plans to consolidate his businesses, including Royalty and Vegas Auto Collection, into one building to streamline operations and improve the customer experience.

15:08

🛠️ Business Rebranding and Goals for 2025

In the final paragraph, the speaker outlines his goals for 2025, which include finding another hypercar to replace the Koenigsegg HH and rebranding the Royalty business. He expresses his intention to create a more cost-effective and centralized location for his car businesses to enhance the experience for customers and visitors. The speaker also considers increasing his video production now that he has more time available, and he invites feedback from his audience on what they would like to see at Royalty. He concludes by looking forward to the 2025 expansion and hopes to see his audience in Vegas the following year.

Mindmap

Keywords

💡Lawsuit

A lawsuit refers to a legal action taken in a court to seek a judicial resolution of a dispute. In the context of the video, the speaker mentions being involved in a lawsuit related to an insurance problem and a body shop's mistake, which he is unable to discuss further due to legal restrictions. This keyword is tied to the theme of the video as it highlights the challenges and setbacks the speaker has faced in his car-related ventures.

💡Royalty Business

The royalty business in the video refers to the speaker's ventures in the luxury car industry, particularly in renting and selling high-end vehicles. The term 'royalty' here is used metaphorically to denote the premium status of the cars and services offered. The speaker discusses the future of this business, including plans to consolidate and rebrand it to provide a better experience for customers.

💡Veyron

The Veyron is a model of car produced by Bugatti, known for its high performance and luxury. In the video, the speaker mentions his dissatisfaction with the performance of his modified Veyron, which was supposed to be the fastest in the world. Despite the car's impressive specifications, the speaker felt it did not live up to his expectations, leading to further modifications and a desire to change its appearance to stand out more.

💡Agera RS

The Agera RS is a limited-edition hypercar produced by Koenigsegg, renowned for its speed and exclusivity. The speaker expresses his desire to own one, indicating the car's rarity and desirability. He discusses the challenges of acquiring one due to their ownership by billionaires who are not motivated by money, which adds a layer of complexity to his pursuit of this car.

💡Car Depression

Car depression, as used in the video, is a figurative term to describe the speaker's emotional state after selling his beloved car and not being able to replace it with the desired Agera RS. It illustrates the deep personal connection the speaker has with his cars and the impact that changes in his car collection have on his mood and satisfaction.

💡Project Car

A project car in the video refers to a vehicle that the speaker is in the process of modifying or restoring. The speaker mentions several project cars, including the Veyron and a potential custom build based on a Lotus Exige. These projects are central to the video's theme as they represent the speaker's passion for cars and his ambitions to create unique and exceptional vehicles.

💡Hypercar

A hypercar is a term used to describe high-performance, limited-production cars with exceptional power and speed. The speaker discusses his past ownership of a Koenigsegg Agera HH, which he considered his 'soulmate', and his ongoing quest to acquire another hypercar. The term is integral to the video's narrative as it reflects the speaker's aspiration for cars that offer the pinnacle of performance and exclusivity.

💡Consolidate

In the context of the video, to consolidate refers to the process of combining or integrating different aspects of the speaker's businesses. The speaker talks about consolidating his royalty business and other car-related ventures into one location to streamline operations, reduce costs, and enhance the customer experience. This keyword is crucial to understanding the speaker's strategic approach to his businesses.

💡Rebrand

Rebranding, as mentioned in the video, involves changing the branding of a business to refresh its image or align it with new goals. The speaker expresses his intention to rebrand his royalty business to create a more cohesive and attractive brand identity. This keyword is significant as it underscores the speaker's efforts to evolve and adapt his business in response to changing market conditions and personal aspirations.

💡Vegas Auto Collection

Vegas Auto Collection is a small car dealership mentioned by the speaker as part of his business portfolio. He plans to integrate this dealership with his royalty business and other ventures as part of a consolidation strategy. The keyword is relevant as it represents an aspect of the speaker's business expansion and his vision for a centralized car-related business hub.

Highlights

The speaker discusses the challenges of managing multiple buildings and employees, leading to cost-cutting measures.

A reflection on the changes in the Houston cross scene and the departure of key individuals.

The story of selling a Koenigsegg Agera HH and the emotional impact of the decision.

An opportunity to purchase an RS model of the Agera at Monteray Car Week 2023.

The process of acquiring a Carrera GT and a Diablo 6.0, including setting a world record for the latter's sale price.

The struggle to find and purchase an Agera RS in the United States due to their rarity and billionaire ownership.

The journey of customizing and then re-customizing a Bugatti Veyron, including its current state and future plans.

The decision to sell a stake in a chicken business to focus on businesses with full control and no partners.

A discussion about the challenges of rebuilding hypercars, using the example of a wrecked Senna.

Plans for 2024, including consolidating Royalty and Vegas Auto Collection, and moving towards entertainment-focused businesses.

The desire to own another Koenigsegg Agera RS and the slim chances of acquiring one.

An update on various car projects, including the Savage Mercy, a Hennessey Venom GT replica, and a 2005 Roadster.

The sale of a Lamborghini Gallardo and the emotional aspect of parting with a first Lamborghini.

The ongoing issue with E3 over the refresh of a Mercedes S63 and the frustration it has caused.

A goal for 2025 to find a hypercar to replace the Agera HH and rebrand Royalty for a better customer experience.

The potential for increased video content creation due to less involvement in other businesses.

Transcripts

play00:00

[Music]

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of course I really wasn't happy with it

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the lawsuit there there like an

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insurance problem and all this stuff

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some body shop messed up and they told

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me I can't talk about it so it's very

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expensive having the five buildings and

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having all the employees and all the

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stuff so kind of cut all the power bills

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and cut all the labors and all that

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[Music]

play00:25

expense okay let's address a few topics

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we haven't sat down and talked in such a

play00:30

long time so no one really knows what's

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going on now there's been a lot of

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changes on the Houston cross aside and a

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lot of guys behind the scenes really

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haven't uh been around anymore so I

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think it's really good to just go over

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the past few months and just talk about

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what is the next steps in the royalty

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business what's next for Houston and

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what's kind of currently going on so

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first let's address uh a couple of big

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points um about a year ago uh Monteray

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car week uh

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2023 I uh took a drive with a bunch of

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Kix eggs and there was an opportunity

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for me to buy a RS model of the Agera

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and uh I got real excited about it I

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called my friend James and I said hey

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you told me if I ever sell my car I'm

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going to make it happen or you told me

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if I ever sell my car call you and we'll

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make it happen so as you guys know that

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deal went through and it happened so I

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sold my aera HH that I I literally

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thought I was going to keep for the rest

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of my life to James and he's I'm happy

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he's happy it was amazing and Monteray

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car week 24 we got to hang out together

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and I got to drive now the one thing

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that was missing was the RS that I

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originally intended to buy when I sold

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that car but uh it didn't happen and uh

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I kind of got like

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car depressed like honestly like it it

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was it was pretty bad and I went through

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some very temporary cars in order to try

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to fill that Gap because I don't know if

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you guys know this but there's only like

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eight Agera rs's in uh the United States

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so uh pretty much all of them are owned

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by billionaires and uh that doesn't make

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it easy to buy one because the one thing

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billionaires don't need uh is money so

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when you're trying to offer them money

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for a car they don't care cuz they have

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a way too much money so in order to get

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the RS uh there was one car in

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particular that was available on the

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market and I thought yeah I'm going to

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make this happen and uh well it didn't

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uh it almost did was super close but um

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the person selling the car just to be

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honest with you like I really feel just

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didn't want to actually sell it I think

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he wanted to sell it at first but when I

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agreed to buy it is when the deal kind

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of changed so um

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I bought the Carrera GT the gas station

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was not planned didn't know that was

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going to happen got the Diablo 6.0 which

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we just saw sell and I made decent money

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uh it did set a world record but I also

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set a world record by buying that car

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for the most amount of money uh I bought

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it for more money than the previous

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world record Diablo sold uh which was

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$540,000 I think so I paid more than

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that for the orange car so didn't make a

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boatload of cash but I was able to drive

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a beautiful 6.0 for almost 2,000 mil uh

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before I was able to successfully sell

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it with broad arrow and uh couple other

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cars came and went and we started to get

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really close on getting the Veyron

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finished and at one point I actually

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think it was finished like we dyed it

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and I was like super stoked we made like

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1100

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horsepower fastest Veyron in the world

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set all these crazy precedents no one

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had ever seen anything like that and uh

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well um of course I really wasn't happy

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with it uh and I think that's just

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because I really never got to see like

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the full potential in that car I kind of

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had some work here some work here it was

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all compartmentalized and when we we did

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the build series uh we had we had a

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problem with the the the master file so

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it took like so long to recover it it

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took us like 6 or8 months we had to send

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it to England and all this stuff had to

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happen and so so much time had passed

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since I like primarily finished the car

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and I drove it and then I went to do the

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interior and then I went to tune it and

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then I went to do a couple more things

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and so I ended up getting like really

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tired of the way it looked and I wanted

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to make it special um and so currently

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right now I mean we're in September 2024

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uh it's a back under the knife and

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that's why we haven't seen it yet and uh

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I feel like this time there is the only

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thing I could do after this is literally

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make it look like not a Veyron right cuz

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right now we've made it like the best

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Bugatti Veyron in the world and uh the

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only thing we could do next is to change

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that to something else but uh I don't

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think that's in the cards because I

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really want to get something that is uh

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a little more Project based that I want

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to finish the hyper car that Edmond and

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I started well I guess I started then I

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brought Edmund in and then it kind of

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didn't go anywhere once that happened

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and then we ended up starting the

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chicken business together which uh I

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don't know if a lot of you guys know but

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I'm no longer involved in the chicken

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business I decided to sell my part of

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the company um last year actually late

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last year and uh focus on businesses

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that I am uh 100% in and so that is uh

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royalty that's um you know a couple

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other little small things and I wanted

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to start something new that

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I I I don't really want to say this

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because I don't want to sound rude

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because it's really not like a big deal

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there's really no bad things going on

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but I just wanted a business that I

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didn't have any partners and I got to

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have like free reign so I wanted to

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focus on a little bit more Houston for

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2024 sl25 and on and uh spend a little

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bit more time with my family you know my

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kids are you know 8 and five now it's

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like I feel like time is going by so

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fast like I was watching one of the

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grand opening videos from the first

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restaurant and my one daughter just like

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barely started walking and now she's

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running around the house and driving a

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car almost you know so it's like I

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didn't really want to be in that high

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stress situation and so uh Edmond took

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over and uh he brought on a new partner

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which is the people that uh you know

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took over my part of the company and I

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think he's really happy you know we

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don't talk that much anymore because

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he's super busy we're still good friends

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and and we actually just had we recently

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had lunch and uh you know as you guys

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know he wrecked his Center and I thought

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that have been a great car for me to

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have but his insurance company just

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wanted way too much money for that car I

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honestly thought I was going to get to

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rebuild that car because I obviously

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would have been able to buy it directly

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from admin but the uh the ability to I

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mean the the time and the knowledge and

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all the cost associated with building

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that car you literally would have been

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in the car with a with the salvage title

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for probably 20% more than you can buy

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an actual brand new low mileage cenap 4

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which is kind of wild because it doesn't

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make any sense and to just further that

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I don't know if you guys remember Steve

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Hamilton Senna that got wrecked and it

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was such a light wreck I mean it was

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like a sideswipe you know compared to

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Edmonds I mean Edmonds is a catastrophe

play08:02

compared to this one and that Hamilton

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Senna is yet that accident happened

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almost a year and a half ago it is still

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in the same condition because no parts

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have been delivered for that car so to

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rebuild a hyper car it just takes way

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too long and I think that there's just

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no way physically possible that anybody

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could make that green car make sense so

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that was something that I really wanted

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to do but wasn't able to do so on to uh

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new projects and I think that this year

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we will finish um let me think here do

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you think we'll finish it probably

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finish

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the H I don't know I kind of feel like

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we'll finish the stto this year but I

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ran into some problems with turbo shops

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as the economy has changed some of the

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the you know aftermarket part suppliers

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have uh really done a bad job of being

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on top of their game and actually

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producing the parts that people pay for

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so we're on track but I don't think it's

play09:12

going to get finished by the end of the

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year but I think that's the next series

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that we're going to just start to really

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push I've got the Savage Mercy right

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ry's car that uh I still have and I kind

play09:23

of really haven't started it yet it's

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just been sitting in my garage and so I

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want to get that one started this year I

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wanted to finish you know we finished

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the DDE yellow mercy and we learned a

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lot about Mercy logos during that time

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we've got the baby blue 05 Roadster the

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manual car that's 99% done now so

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there's a couple of cars that I want to

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get in and out of here before I go and

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buy a bunch of new ones um but uh but

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yeah that being said I think the the

play09:49

gold stto is is probably the next car

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and that's that crate I don't know if

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you guys ever watch it that Steve Morris

play09:57

crate that's in the back that's my b lit

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5.2 L Huracan motor that sounds like a 5

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l or even a V12 sound if you will it's

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got a reverse fire crankshaft different

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cams and so I spent so much time

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building this engine it's it's been a

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seven-year project and I wanted to put

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that engine in the hyper car that edman

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and I were involved in but then that

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whole thing turned into a chicken

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business and so the hypercar project is

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kind of like do I do I do that and spend

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you know six s $800,000 to finish it or

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do I just take that money and put it

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into a Agera RS if I could ever get one

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you know I mean there is a possibility

play10:41

that I could get one of those cars but

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it's it's like it's like pretty slim so

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that's kind of where we stand um royalty

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is going to get Consolidated and we're

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going to move royalty and I'm going to I

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have a small car dealership that we have

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uh on the side that we haven't really

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advertised it's called Vegas Auto

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collection and so I wanted to move

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royalty and a Vegas Auto collection and

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the Houston cross to entertainment uh

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type businesses all the YouTube stuff

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and Instagram into one building and

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that's kind of what I'm trying to focus

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on right now so everybody's in one place

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and uh when you guys come visit me in

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Vegas you'll see all of the stuff right

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then and there so I guess that's kind of

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like a little update uh okay so for

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garage update we still have scuba the uh

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uh gold stto I actually still have a

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Hummer H1 that has been uh in a

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catastrophe in its own which I wanted to

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make videos about that but my insurance

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I have like a lawsuit there and there's

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like an insurance problem and all this

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stuff some body shop messed up and they

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told me I can't talk about it so I've

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got a Hummer H1 it's really cool uh

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we've got a uh black LP 5000s Kos that I

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will never drive we could show pictures

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of it but it just sits there and it's

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art and I want to sell it but I got to

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wait for the right time uh I sold the

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white one so for these OG fans out there

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the white and black kunos they still

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live in uh Vegas the white one is on its

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way up to Utah but uh those cars are

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finally done that's been we got those

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cars like four years ago but uh I wasn't

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in charge of fixing them they they had

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to go to a count specialist so that was

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on him um so we got the black one still

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and uh we have the Savage Mercy which is

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in pieces but could be put back together

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I have the 2005 Roadster Mercy that I

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bought uh that you've seen on the DDE

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Channel and maybe on a couple other

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places that car is I intend to sell that

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car as soon as it's finished uh it's

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great thing is the longer it takes the

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more it's worth uh so that car is great

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it's going to be gone and uh I've got a

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2010 final Edition Lotus Exige that I

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loved to turn into a Hennessy Venom GT

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but uh I've been talking with I've been

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begging Hennessy to uh take on this

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project but they're just way too busy

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with the F5 and I think uh it's just a

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pipe dream so there is a chance and and

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maybe you guys could chime in here there

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is a chance that maybe I take this Lotus

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and just build my own Venom GT um I

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don't know I really don't know it's

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probably less expensive to be honest

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with you because if I remember correctly

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they just smacked a Corvette motor into

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the back of a Lotus and it uses like 40%

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of the lotus parts so that wouldn't be

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like my hyper car project with the alpha

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chassis and all that stuff that was a

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little bit that was even more in- depth

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than just stretching a Lotus right so I

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don't know there's a potential we could

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build our own Venom GT that might be a

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bad that honestly might not be a bad

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idea uh and then we have we've got a uh

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super leera that is currently for sale

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it's green it's super sick and I think

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we're going to I think that one's going

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to be sold uh the guy's paid for most of

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the cars so he's going to show up to

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Vegas and he's going to pick up the rest

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of that car forgot about that one I

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actually have a 2008 yellow super leera

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that has 8,000 miles it's converted

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manual all my gallardos I've converted

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to manual uh that car is pretty cool too

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it's basically bone stock it's got

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exhaust on it but uh it's a cream puff

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and I think I'll just probably sell that

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car soon I have a 2006 Gallardo spider

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that's currently for sale also that was

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my first land Lamborghini and it kind of

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sucks to sell your first Lamborghini to

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be honest with you but like I've never

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in in the past like 6 years I haven't

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even sat in that car and I kind of look

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at that like dude like that's probably

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like

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$125,000 just sitting there that we

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could just like turn into something else

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whether it could be a car or like an

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stock investment or it could almost be

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like a condo in some places uh so yeah

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and then we've got the one at Kyle's

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Place forgot about that one the ' 05

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2,000 horsepower uh Gallardo that's

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pretty cool we should probably call Kyle

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I keep uh I keep forgetting to call Kyle

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man it's not a bad idea uh we do still

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have the purple S63 yep that's still at

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E3 and well hopefully you guys could

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blow up E3 for me because they have

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really dropped the ball on the on the

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refresh of the S63 I got the S63 back

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from getting it all fixed in that

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massive you know uh transport Capa uh

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catastrophe

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and the interior was just kind of like

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messed up from that it didn't have any

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airbags go off but like it had like a

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little rip and I was like man we got to

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send this thing back and it has

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literally been an E3 for over a year for

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them just to redo the interior in the

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same exact color like it's kind of I'm

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honestly kind of pissed off about it

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like they've done so much good work for

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me and I've been really patient but like

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the S63 that's that's I don't know it's

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borderline like not cool we got a raptor

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r which is pretty cool that's uh that's

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really nice we've got a cullin that's a

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nice car we've got a cullin and uh we

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got the two merc's stto that's kind of

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the list right now so what are we

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missing maybe just that other kic S I

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don't know but we got to figure it out

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so for 2025 my goal is to a find another

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hyper car that can replace the HH I love

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the Veyron but the Bugatti is no kic it

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just is no replacement the Kix egg that

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car is my soulmate we've got to get

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another one on the channel even if I

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don't even put it on the channel we got

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to get another one in my garage right so

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that's game plan number one number two

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is I want to Rebrand royalty and I want

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to change it up and I want to like build

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like a lower cost number one mecca for

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royalty and all of my like car

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businesses all in one little place

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because it's very expensive having the

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five buildings and having all the

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employees and all the stuff so my idea

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is to put everything in one place and

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maybe just make it like way cooler kind

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of cut all the power bills and cut all

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the labors and all that expense and just

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really fine-tune it to give the people

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who come to Vegas to rent cars a way

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better experience the people who come to

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Vegas to buy cars a way better

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experience and you guys that are

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watching these videos that come and

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visit us and come see the cars and come

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see all the action here and visit us you

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know buying the t-shirts and you know

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supporting the brand to give you guys a

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better experience so I think for 2025

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that's the most important thing and also

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now that I'm not really like overly busy

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with the chicken business and all these

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other spaces and all this other stuff I

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could sit down and actually probably

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make more videos right now you know

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maybe making more videos is is something

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that uh is hard work and it's like a lot

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of effort to put in but I feel like it's

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kind of an easier job than running like

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a business with 400 employees so that is

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definitely on the table so so if you

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guys have anything that you think should

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be at royalty or you guys have any

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advice for me I'll let you put it in the

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comments below but after this uh

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probably 15 minutes of me talking I

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think it's time for me to shut up and

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get back to work get in this thing that

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I'm talking about ready for that 2025

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expansion so hopefully I see you guys in

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Vegas next year

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[Music]

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