Depending how far you go back, many. we started racing with the first auto's ever made, first against horses and then against each other. You can figure in the thousands if you go back far enough.
People lost money and went into debt.
Racing has been a part of human activity since prehistory. The date and place of the first race has been lost to history for thousands of years.
If they worked for the rich, they might have lost their job. But then again, many people lost their jobs.
Many people thought putting investments in the stock market was a good way to gain money. It was a first, until the stock market crashed and many people lost the money they invested, their jobs, homes, and families.
It impacted the people emotionally because they lost a lot of their money and invests
Many people lost their jobs, banks where closed or bust, many people lost their money on the stock market crash, people where homeless, to name but a few of the problems from that time.
They usually found out when they either lost their jobs or their stock lost 90% of its value. If neither of these happened to them then they found out from their less fortunate brethren who either lost their jobs or lost 90% of the value of their stocks.
People lost a lot of money in the stock market. Banks were closed, businesses declared bankruptcy, people lost their jobs, companies fired its employees to stay in business etc. everyone was in trouble and it was troubled times for all nations all over the globe.
They lost their jobs.
Perhaps in the short run, as it is always disappointing to lose. But if you really enjoy racing, I don't think in the long run that it will turn you away from participating in it. Plus, there are many stories of people who lost for a while but they persisted and finally began to win.
the stock market crashed and nobody had a job.
the invention of the saddle allowed a man to shoot an arrow from horseback and the chariot lost it's advantage to horsed mounted calvary.