The Sad Truth about my Hypercars
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
- πΌ The speaker discusses the financial burden of maintaining multiple buildings and employees, leading to cost-cutting measures.
- π He recounts his experience with selling his Koenigsegg Agera HH and the subsequent car purchases, including a Lamborghini Diablo and a Koenigsegg Carrera GT.
- π§ The Veyron project faced issues with the build process and the final result, leading to dissatisfaction and a decision to modify it further.
- π‘ The speaker is no longer involved in the chicken business, having sold his share to focus on his car businesses and family life.
- π¨βπ§βπ¦ He expresses a desire to spend more time with his family and reflect on the rapid passage of time as his children grow.
- π The speaker is working on consolidating his businesses, including Royalty Exotic Cars, under one roof for better efficiency and customer experience.
- π He mentions the challenges faced with the Savage Mercy project and the potential for building a custom Venom GT using a Lotus Exige.
- π The speaker has plans to finish the gold STO and possibly the Hennessey HPE1000 project, despite facing delays with suppliers.
- π° He talks about the potential sale of several cars, including a Gallardo and a Superleggera, to streamline his collection and focus on new projects.
- π₯ 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
π 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.
π§ 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.
ποΈ 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.
π οΈ 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
π‘Lawsuit
π‘Royalty Business
π‘Veyron
π‘Agera RS
π‘Car Depression
π‘Project Car
π‘Hypercar
π‘Consolidate
π‘Rebrand
π‘Vegas Auto Collection
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
[Music]
of course I really wasn't happy with it
the lawsuit there there like an
insurance problem and all this stuff
some body shop messed up and they told
me I can't talk about it so it's very
expensive having the five buildings and
having all the employees and all the
stuff so kind of cut all the power bills
and cut all the labors and all that
[Music]
expense okay let's address a few topics
we haven't sat down and talked in such a
long time so no one really knows what's
going on now there's been a lot of
changes on the Houston cross aside and a
lot of guys behind the scenes really
haven't uh been around anymore so I
think it's really good to just go over
the past few months and just talk about
what is the next steps in the royalty
business what's next for Houston and
what's kind of currently going on so
first let's address uh a couple of big
points um about a year ago uh Monteray
car week uh
2023 I uh took a drive with a bunch of
Kix eggs and there was an opportunity
for me to buy a RS model of the Agera
and uh I got real excited about it I
called my friend James and I said hey
you told me if I ever sell my car I'm
going to make it happen or you told me
if I ever sell my car call you and we'll
make it happen so as you guys know that
deal went through and it happened so I
sold my aera HH that I I literally
thought I was going to keep for the rest
of my life to James and he's I'm happy
he's happy it was amazing and Monteray
car week 24 we got to hang out together
and I got to drive now the one thing
that was missing was the RS that I
originally intended to buy when I sold
that car but uh it didn't happen and uh
I kind of got like
car depressed like honestly like it it
was it was pretty bad and I went through
some very temporary cars in order to try
to fill that Gap because I don't know if
you guys know this but there's only like
eight Agera rs's in uh the United States
so uh pretty much all of them are owned
by billionaires and uh that doesn't make
it easy to buy one because the one thing
billionaires don't need uh is money so
when you're trying to offer them money
for a car they don't care cuz they have
a way too much money so in order to get
the RS uh there was one car in
particular that was available on the
market and I thought yeah I'm going to
make this happen and uh well it didn't
uh it almost did was super close but um
the person selling the car just to be
honest with you like I really feel just
didn't want to actually sell it I think
he wanted to sell it at first but when I
agreed to buy it is when the deal kind
of changed so um
I bought the Carrera GT the gas station
was not planned didn't know that was
going to happen got the Diablo 6.0 which
we just saw sell and I made decent money
uh it did set a world record but I also
set a world record by buying that car
for the most amount of money uh I bought
it for more money than the previous
world record Diablo sold uh which was
$540,000 I think so I paid more than
that for the orange car so didn't make a
boatload of cash but I was able to drive
a beautiful 6.0 for almost 2,000 mil uh
before I was able to successfully sell
it with broad arrow and uh couple other
cars came and went and we started to get
really close on getting the Veyron
finished and at one point I actually
think it was finished like we dyed it
and I was like super stoked we made like
1100
horsepower fastest Veyron in the world
set all these crazy precedents no one
had ever seen anything like that and uh
well um of course I really wasn't happy
with it uh and I think that's just
because I really never got to see like
the full potential in that car I kind of
had some work here some work here it was
all compartmentalized and when we we did
the build series uh we had we had a
problem with the the the master file so
it took like so long to recover it it
took us like 6 or8 months we had to send
it to England and all this stuff had to
happen and so so much time had passed
since I like primarily finished the car
and I drove it and then I went to do the
interior and then I went to tune it and
then I went to do a couple more things
and so I ended up getting like really
tired of the way it looked and I wanted
to make it special um and so currently
right now I mean we're in September 2024
uh it's a back under the knife and
that's why we haven't seen it yet and uh
I feel like this time there is the only
thing I could do after this is literally
make it look like not a Veyron right cuz
right now we've made it like the best
Bugatti Veyron in the world and uh the
only thing we could do next is to change
that to something else but uh I don't
think that's in the cards because I
really want to get something that is uh
a little more Project based that I want
to finish the hyper car that Edmond and
I started well I guess I started then I
brought Edmund in and then it kind of
didn't go anywhere once that happened
and then we ended up starting the
chicken business together which uh I
don't know if a lot of you guys know but
I'm no longer involved in the chicken
business I decided to sell my part of
the company um last year actually late
last year and uh focus on businesses
that I am uh 100% in and so that is uh
royalty that's um you know a couple
other little small things and I wanted
to start something new that
I I I don't really want to say this
because I don't want to sound rude
because it's really not like a big deal
there's really no bad things going on
but I just wanted a business that I
didn't have any partners and I got to
have like free reign so I wanted to
focus on a little bit more Houston for
2024 sl25 and on and uh spend a little
bit more time with my family you know my
kids are you know 8 and five now it's
like I feel like time is going by so
fast like I was watching one of the
grand opening videos from the first
restaurant and my one daughter just like
barely started walking and now she's
running around the house and driving a
car almost you know so it's like I
didn't really want to be in that high
stress situation and so uh Edmond took
over and uh he brought on a new partner
which is the people that uh you know
took over my part of the company and I
think he's really happy you know we
don't talk that much anymore because
he's super busy we're still good friends
and and we actually just had we recently
had lunch and uh you know as you guys
know he wrecked his Center and I thought
that have been a great car for me to
have but his insurance company just
wanted way too much money for that car I
honestly thought I was going to get to
rebuild that car because I obviously
would have been able to buy it directly
from admin but the uh the ability to I
mean the the time and the knowledge and
all the cost associated with building
that car you literally would have been
in the car with a with the salvage title
for probably 20% more than you can buy
an actual brand new low mileage cenap 4
which is kind of wild because it doesn't
make any sense and to just further that
I don't know if you guys remember Steve
Hamilton Senna that got wrecked and it
was such a light wreck I mean it was
like a sideswipe you know compared to
Edmonds I mean Edmonds is a catastrophe
compared to this one and that Hamilton
Senna is yet that accident happened
almost a year and a half ago it is still
in the same condition because no parts
have been delivered for that car so to
rebuild a hyper car it just takes way
too long and I think that there's just
no way physically possible that anybody
could make that green car make sense so
that was something that I really wanted
to do but wasn't able to do so on to uh
new projects and I think that this year
we will finish um let me think here do
you think we'll finish it probably
finish
the H I don't know I kind of feel like
we'll finish the stto this year but I
ran into some problems with turbo shops
as the economy has changed some of the
the you know aftermarket part suppliers
have uh really done a bad job of being
on top of their game and actually
producing the parts that people pay for
so we're on track but I don't think it's
going to get finished by the end of the
year but I think that's the next series
that we're going to just start to really
push I've got the Savage Mercy right
ry's car that uh I still have and I kind
of really haven't started it yet it's
just been sitting in my garage and so I
want to get that one started this year I
wanted to finish you know we finished
the DDE yellow mercy and we learned a
lot about Mercy logos during that time
we've got the baby blue 05 Roadster the
manual car that's 99% done now so
there's a couple of cars that I want to
get in and out of here before I go and
buy a bunch of new ones um but uh but
yeah that being said I think the the
gold stto is is probably the next car
and that's that crate I don't know if
you guys ever watch it that Steve Morris
crate that's in the back that's my b lit
5.2 L Huracan motor that sounds like a 5
l or even a V12 sound if you will it's
got a reverse fire crankshaft different
cams and so I spent so much time
building this engine it's it's been a
seven-year project and I wanted to put
that engine in the hyper car that edman
and I were involved in but then that
whole thing turned into a chicken
business and so the hypercar project is
kind of like do I do I do that and spend
you know six s $800,000 to finish it or
do I just take that money and put it
into a Agera RS if I could ever get one
you know I mean there is a possibility
that I could get one of those cars but
it's it's like it's like pretty slim so
that's kind of where we stand um royalty
is going to get Consolidated and we're
going to move royalty and I'm going to I
have a small car dealership that we have
uh on the side that we haven't really
advertised it's called Vegas Auto
collection and so I wanted to move
royalty and a Vegas Auto collection and
the Houston cross to entertainment uh
type businesses all the YouTube stuff
and Instagram into one building and
that's kind of what I'm trying to focus
on right now so everybody's in one place
and uh when you guys come visit me in
Vegas you'll see all of the stuff right
then and there so I guess that's kind of
like a little update uh okay so for
garage update we still have scuba the uh
uh gold stto I actually still have a
Hummer H1 that has been uh in a
catastrophe in its own which I wanted to
make videos about that but my insurance
I have like a lawsuit there and there's
like an insurance problem and all this
stuff some body shop messed up and they
told me I can't talk about it so I've
got a Hummer H1 it's really cool uh
we've got a uh black LP 5000s Kos that I
will never drive we could show pictures
of it but it just sits there and it's
art and I want to sell it but I got to
wait for the right time uh I sold the
white one so for these OG fans out there
the white and black kunos they still
live in uh Vegas the white one is on its
way up to Utah but uh those cars are
finally done that's been we got those
cars like four years ago but uh I wasn't
in charge of fixing them they they had
to go to a count specialist so that was
on him um so we got the black one still
and uh we have the Savage Mercy which is
in pieces but could be put back together
I have the 2005 Roadster Mercy that I
bought uh that you've seen on the DDE
Channel and maybe on a couple other
places that car is I intend to sell that
car as soon as it's finished uh it's
great thing is the longer it takes the
more it's worth uh so that car is great
it's going to be gone and uh I've got a
2010 final Edition Lotus Exige that I
loved to turn into a Hennessy Venom GT
but uh I've been talking with I've been
begging Hennessy to uh take on this
project but they're just way too busy
with the F5 and I think uh it's just a
pipe dream so there is a chance and and
maybe you guys could chime in here there
is a chance that maybe I take this Lotus
and just build my own Venom GT um I
don't know I really don't know it's
probably less expensive to be honest
with you because if I remember correctly
they just smacked a Corvette motor into
the back of a Lotus and it uses like 40%
of the lotus parts so that wouldn't be
like my hyper car project with the alpha
chassis and all that stuff that was a
little bit that was even more in- depth
than just stretching a Lotus right so I
don't know there's a potential we could
build our own Venom GT that might be a
bad that honestly might not be a bad
idea uh and then we have we've got a uh
super leera that is currently for sale
it's green it's super sick and I think
we're going to I think that one's going
to be sold uh the guy's paid for most of
the cars so he's going to show up to
Vegas and he's going to pick up the rest
of that car forgot about that one I
actually have a 2008 yellow super leera
that has 8,000 miles it's converted
manual all my gallardos I've converted
to manual uh that car is pretty cool too
it's basically bone stock it's got
exhaust on it but uh it's a cream puff
and I think I'll just probably sell that
car soon I have a 2006 Gallardo spider
that's currently for sale also that was
my first land Lamborghini and it kind of
sucks to sell your first Lamborghini to
be honest with you but like I've never
in in the past like 6 years I haven't
even sat in that car and I kind of look
at that like dude like that's probably
like
$125,000 just sitting there that we
could just like turn into something else
whether it could be a car or like an
stock investment or it could almost be
like a condo in some places uh so yeah
and then we've got the one at Kyle's
Place forgot about that one the ' 05
2,000 horsepower uh Gallardo that's
pretty cool we should probably call Kyle
I keep uh I keep forgetting to call Kyle
man it's not a bad idea uh we do still
have the purple S63 yep that's still at
E3 and well hopefully you guys could
blow up E3 for me because they have
really dropped the ball on the on the
refresh of the S63 I got the S63 back
from getting it all fixed in that
massive you know uh transport Capa uh
catastrophe
and the interior was just kind of like
messed up from that it didn't have any
airbags go off but like it had like a
little rip and I was like man we got to
send this thing back and it has
literally been an E3 for over a year for
them just to redo the interior in the
same exact color like it's kind of I'm
honestly kind of pissed off about it
like they've done so much good work for
me and I've been really patient but like
the S63 that's that's I don't know it's
borderline like not cool we got a raptor
r which is pretty cool that's uh that's
really nice we've got a cullin that's a
nice car we've got a cullin and uh we
got the two merc's stto that's kind of
the list right now so what are we
missing maybe just that other kic S I
don't know but we got to figure it out
so for 2025 my goal is to a find another
hyper car that can replace the HH I love
the Veyron but the Bugatti is no kic it
just is no replacement the Kix egg that
car is my soulmate we've got to get
another one on the channel even if I
don't even put it on the channel we got
to get another one in my garage right so
that's game plan number one number two
is I want to Rebrand royalty and I want
to change it up and I want to like build
like a lower cost number one mecca for
royalty and all of my like car
businesses all in one little place
because it's very expensive having the
five buildings and having all the
employees and all the stuff so my idea
is to put everything in one place and
maybe just make it like way cooler kind
of cut all the power bills and cut all
the labors and all that expense and just
really fine-tune it to give the people
who come to Vegas to rent cars a way
better experience the people who come to
Vegas to buy cars a way better
experience and you guys that are
watching these videos that come and
visit us and come see the cars and come
see all the action here and visit us you
know buying the t-shirts and you know
supporting the brand to give you guys a
better experience so I think for 2025
that's the most important thing and also
now that I'm not really like overly busy
with the chicken business and all these
other spaces and all this other stuff I
could sit down and actually probably
make more videos right now you know
maybe making more videos is is something
that uh is hard work and it's like a lot
of effort to put in but I feel like it's
kind of an easier job than running like
a business with 400 employees so that is
definitely on the table so so if you
guys have anything that you think should
be at royalty or you guys have any
advice for me I'll let you put it in the
comments below but after this uh
probably 15 minutes of me talking I
think it's time for me to shut up and
get back to work get in this thing that
I'm talking about ready for that 2025
expansion so hopefully I see you guys in
Vegas next year
[Music]
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