Home Mobile Forum News Cookbook FaceBook Us T-Shirts etc.: Europe/Worldwide. eBay Motorsport Links Advertising Live Chat  
Site Partners: SpotterGuides  
Related Sites: Your Link Here  

Go Back   TenTenths Motorsport Forum > Saloon & Sportscar Racing > Australasian Touring Cars.


Reply
 
Thread Tools Display Modes
Old 14 Apr 2018, 04:57 (Ref:3815349)   #1
Umai Naa
Veteran
 
Join Date: Dec 2011
Posts: 5,520
Umai Naa should be qualifying in the top 10 on the gridUmai Naa should be qualifying in the top 10 on the grid
Archer Capital Gone

This just in:

https://www.speedcafe.com/2018/04/14...l-investments/
Umai Naa is online now  
Quote
Old 14 Apr 2018, 08:43 (Ref:3815382)   #2
Casper
Veteran
 
Join Date: May 2007
Posts: 1,683
Casper should be qualifying in the top 10 on the gridCasper should be qualifying in the top 10 on the grid
Archer Capital Gone

http://www.afr.com/street-talk/arche...0180412-h0ypa5
Casper is offline  
Quote
Old 14 Apr 2018, 08:45 (Ref:3815383)   #3
mayhem
Veteran
 
Join Date: Mar 2003
Aruba
On that Island in LOST.
Posts: 2,652
mayhem should be qualifying in the top 5 on the gridmayhem should be qualifying in the top 5 on the grid
That can't be good.
mayhem is offline  
__________________
The Jerk Store rang...
Quote
Old 14 Apr 2018, 09:18 (Ref:3815389)   #4
GTRMagic
Race Official
1% Club
 
GTRMagic's Avatar
 
Join Date: Dec 2002
Australia
Sell me this pen....
Posts: 43,577
GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!
Quote:
Originally Posted by mayhem View Post
That can't be good.
(Predicting multi-orgasmic behaviour from some posters here)

We shall see...
GTRMagic is offline  
__________________
If you don’t know who I am talking about, why do you care so much about whether I name them or not?
Quote
Old 14 Apr 2018, 09:20 (Ref:3815391)   #5
Umai Naa
Veteran
 
Join Date: Dec 2011
Posts: 5,520
Umai Naa should be qualifying in the top 10 on the gridUmai Naa should be qualifying in the top 10 on the grid
The trickle-down effect on the motorsport industry in this country will be immense, if the catagory falls over.
Umai Naa is online now  
Quote
Old 14 Apr 2018, 09:37 (Ref:3815392)   #6
Tourer
Subscriber
Veteran
 
Tourer's Avatar
 
Join Date: Aug 2003
Australia
Sideways
Posts: 2,581
Tourer should be qualifying in the top 3 on the gridTourer should be qualifying in the top 3 on the gridTourer should be qualifying in the top 3 on the gridTourer should be qualifying in the top 3 on the grid
Archer is closing down over a 5 year period and intend to maximise returns from its current holdings (including Supercar) over that period.

Hardly "gone" but going at some time in the next 5 years.

As GTR says, we shall see what that all means in due course but I can't imagine anything will happen all that quickly, unless of course the parties that were reportedly considering purchase last year reactive their interest in the short term.
Tourer is offline  
__________________
“We’re far from having too much horsepower…[m]y definition of too much horsepower is when all four wheels are spinning in every gear.” ― Mark Donohue
Quote
Old 14 Apr 2018, 10:49 (Ref:3815399)   #7
GTRMagic
Race Official
1% Club
 
GTRMagic's Avatar
 
Join Date: Dec 2002
Australia
Sell me this pen....
Posts: 43,577
GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!
Quote:
Originally Posted by Tourer View Post
Archer is closing down over a 5 year period and intend to maximise returns from its current holdings (including Supercar) over that period.

Hardly "gone" but going at some time in the next 5 years.

As GTR says, we shall see what that all means in due course but I can't imagine anything will happen all that quickly, unless of course the parties that were reportedly considering purchase last year reactive their interest in the short term.
I had some dealings with the Red Rooster group in the last year or so, and they were positioning their business to be attractive to a different parent.

Supercar has many more pieces in the puzzle than that business, however the sale timeline will still assure a proper process to search for their new parent... to maximise the financial income, and potentially to manage an earn out arrangement likely to be in place.

An investment of $2m or so would produce a financial prospectus capable of being listed on the ASX... so that shouldnt be discounted as a possibility.

Perhaps Mr Miles can effect a sale to another partner, as he did to Archer all those years ago
GTRMagic is offline  
__________________
If you don’t know who I am talking about, why do you care so much about whether I name them or not?
Quote
Old 14 Apr 2018, 11:00 (Ref:3815402)   #8
mayhem
Veteran
 
Join Date: Mar 2003
Aruba
On that Island in LOST.
Posts: 2,652
mayhem should be qualifying in the top 5 on the gridmayhem should be qualifying in the top 5 on the grid
Would Fox be a possible suitor?
mayhem is offline  
__________________
The Jerk Store rang...
Quote
Old 14 Apr 2018, 11:13 (Ref:3815409)   #9
rich07
Veteran
 
rich07's Avatar
 
Join Date: Feb 2005
Australia
Victoria
Posts: 8,138
rich07 should be qualifying in the top 3 on the gridrich07 should be qualifying in the top 3 on the gridrich07 should be qualifying in the top 3 on the gridrich07 should be qualifying in the top 3 on the grid
Whoever buys it from Archer gets a bargain compared to what they paid for it. The multitude of unanswered questions about the category’s future won’t have helped Archers efforts to offload up to now anyway.
rich07 is offline  
__________________
Somebody asked if the McLaren F1 was going to be like the Ferrari F40, Gordon Murray replied, "I don't think so, there's no one at McLaren who can weld that badly."
Quote
Old 14 Apr 2018, 11:14 (Ref:3815410)   #10
GTRMagic
Race Official
1% Club
 
GTRMagic's Avatar
 
Join Date: Dec 2002
Australia
Sell me this pen....
Posts: 43,577
GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!
Quote:
Originally Posted by mayhem View Post
Would Fox be a possible suitor?
You might think so. A cheap way to buy content...
GTRMagic is offline  
__________________
If you don’t know who I am talking about, why do you care so much about whether I name them or not?
Quote
Old 15 Apr 2018, 01:12 (Ref:3815575)   #11
one five five
Veteran
 
one five five's Avatar
 
Join Date: Aug 2004
Posts: 2,523
one five five should be qualifying in the top 10 on the grid
If Archer couldn't get what they wanted for it a year or so a go, they probably won't even get what was offered initially in this (5 year) fire sale
one five five is offline  
Quote
Old 15 Apr 2018, 01:27 (Ref:3815580)   #12
Compromised
Racer
 
Join Date: Dec 2015
Posts: 398
Compromised should be qualifying in the top 10 on the grid
Has this just been bad management? The series seems to be doing well in regards to crowds/tv numbers, better than a lot of other series in fact (relatively speaking) so I'm missing the part were the value was lost????
Compromised is offline  
Quote
Old 15 Apr 2018, 01:39 (Ref:3815582)   #13
Umai Naa
Veteran
 
Join Date: Dec 2011
Posts: 5,520
Umai Naa should be qualifying in the top 10 on the gridUmai Naa should be qualifying in the top 10 on the grid
I reckon post-2019 will be very different.

Holden will go. Nissan will extend their existing deal to the end of 2019, and leave as well.
Umai Naa is online now  
Quote
Old 15 Apr 2018, 02:07 (Ref:3815584)   #14
mayhem
Veteran
 
Join Date: Mar 2003
Aruba
On that Island in LOST.
Posts: 2,652
mayhem should be qualifying in the top 5 on the gridmayhem should be qualifying in the top 5 on the grid
And I know this has been spoken of in a bunch of threads here, but then what?
mayhem is offline  
__________________
The Jerk Store rang...
Quote
Old 15 Apr 2018, 02:48 (Ref:3815586)   #15
Alan52
Veteran
 
Join Date: Dec 2006
Location:
Glenmore Park
Posts: 821
Alan52 should be qualifying in the top 10 on the gridAlan52 should be qualifying in the top 10 on the grid
Quote:
Originally Posted by Compromised View Post
Has this just been bad management? The series seems to be doing well in regards to crowds/tv numbers, better than a lot of other series in fact (relatively speaking) so I'm missing the part were the value was lost????
They vastly overpaid in the first place.Cochrane was like the monorail salesman in The Simpsons and they swallowed his crap.
Alan52 is offline  
Quote
Reply

Bookmarks




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Archer Capital Sets The Price! GTRMagic Australasian Touring Cars. 1 16 Feb 2017 22:54
[Rumours] CVC Capital Partners to sell FOM to Abu Dhabi Sovereign Wealth Fund??? duke_toaster Formula One 1 8 Jan 2011 02:32
Tommy Archer on Windbag Tonight Liz Sportscar & GT Racing 12 26 Aug 2004 23:16


Powered by vBadvanced CMPS v3.2.3

All times are GMT. The time now is 22:19.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Original Website Copyright © 1998-2003 Craig Antil. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2004-2018 Royalridge Computing. All Rights Reserved.