Quote:
Originally Posted by Mike Harte
I don't doubt your claim that two of the Subarus are leased, but why would a leasing company want to lease a vehicle that is to be used for motor sport, and would therefore be likely to be uninsured against damage? That seems to be pretty poor collateral, unless there is a lien on other assets.
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There are several series where the cars are all leased, usually with the leasing company as series sponsor.
If the car is damaged then the team/driver have to repair the damage, non of the cost is footed by the owner. That would be a condition of the lease.