Kinda hard to comment on this announcement without feeling like I'm sullying the tradition. Having lived and raced through the Losi era when Gill and Jr. were heading up the program instead of HH. Their contribution to the RC hobby is irrefutable.
Reading the full press release on Red RC, my take away is Losi/HH is applying the standard American solution. Throw lots of money at it and they will come. Speaking specifically to the RPP (Racer Payout program) offering a "six figure" payout. No mention of whether there is a decimal point in there anywhere.
Regarding a Losi Stadium Truck re-re that ship has sailed. Much as I like ST, hard to find anything beyond a 13.5 class if that. Along with re-igniting interest in ST, HH will need to look to Pro-Line to expand its offering of 2.2 tires. They're becoming a bit lean on compounds and tread patterns these days as the class/basher drivers look to other sizes and scales.
Regards and best wishes for Losi making itself relevant again. Yeah, in their defense, RC is a tough market. Market is saturated with so many types and scales, trying to establish or re-establish a racing program or racing heritage is in the tuff-to-do box. -AC