Even then, there's an extremely real chance that there will never be any profits to privatize.
If the USA agreed to pay every dime of expense to renovate Venezuelan oil fields for ExxonMobil, that's still 10-30 years of putting employees on a project that might go nowhere, instead of working on something more likely to have an ROI. Even if money is subsidized, time remains limited.
If the only race track you consider is "personal desktop computer usage" then sure.