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26 Oct 2005, 01:36 (Ref:1443513)
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Veteran
Join Date: Feb 2003
Posts: 4,182
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Is BIG TOM back
In today edition of Auto Fiction there story on Tom Walkingshaw buying HMS, is this the first step for Big Tom to take over the red sides racing operation in whole.
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2015 V8Supercar Champion #5 PDA Mark Frosty Winterbottom To Finish First, First you must Finish 
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26 Oct 2005, 02:22 (Ref:1443523)
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Veteran
Join Date: Dec 2004
Posts: 1,042
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MN report it as HMS being re named "TW Performance Group", with the documents having been signed on October 1.
Hey Moy'so (Ironside) obviously there was an embargo on you releasing this one, unlike the Courtney to SBR tale ......... |
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Nothing really worth putting.
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26 Oct 2005, 03:00 (Ref:1443540)
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Racer
Join Date: Jan 2003
Posts: 272
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I wonder how TWR/Arrows creditors feel about TW's recent acquisition?
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Pushrods - the future of engine technology
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26 Oct 2005, 07:51 (Ref:1443649)
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#4 | |
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Rookie
Join Date: Oct 2005
Posts: 37
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Uncle Tom buys HMS off Holden outright...
In today's AA it is reported that Tom Walkinshaw has gone from consulting for HMS to being it's sole owner. Buying the race parts and technology company off Holden.
TW said that Holden were looking to sell off the business as it was not core to their operations and he put his hand up. It seems Tommy Boy is slowly rebuilding his empire , brick by brick, one business at a time. How long until 'wee Tam' makes Skaifey an offer he can't refuse for HRT? Stay tuned, I doubt it's too far off.... |
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26 Oct 2005, 07:58 (Ref:1443654)
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Rookie
Join Date: Oct 2005
Posts: 37
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Quote:
I've never broken an embargo or realesed info without first getting the all clear from those that I speak to. It's called integrity.  Try it sometime.... |
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26 Oct 2005, 09:47 (Ref:1443736)
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#6 | |||
 Race Official1% Club
Join Date: Dec 2002
Posts: 46,727
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Quote:
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__________________
Happy David Thexton Day, 21st March 2003 “I am not uncertain” - Dollar Bill Stern, Billions “Fear stimulates my imagination” - Don Draper, Mad Men “Everybody Lies” - Dr Gregory House, House “Trust But Verify” - Commissioner Frank Reagan, Blue Bloods
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26 Oct 2005, 10:33 (Ref:1443785)
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#7 | |
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Racer
Join Date: Apr 2001
Posts: 426
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hey moy do you miss posting at central?
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26 Oct 2005, 11:07 (Ref:1443820)
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#8 | ||
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Racer
Join Date: Sep 2002
Posts: 432
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Totally off topic, here, but how can someone that's got a "permanently banned" tag on their name post here?
And yeah, interesting how TW can make business aquisitions. I thought he was bankrupt. |
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26 Oct 2005, 11:21 (Ref:1443826)
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#9 | ||
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Veteran
Join Date: Aug 2003
Posts: 952
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Maybe they posted, and then got banned.
To help anyone with an interest in bankruptcy laws, I can recommend some books on the subject. Study up, and you might understand. |
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26 Oct 2005, 11:34 (Ref:1443839)
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#10 | ||
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Veteran
Join Date: Dec 2003
Posts: 738
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Personally, I wish "Uncle Tom" would simply go back to where he came from and stay there.
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26 Oct 2005, 11:50 (Ref:1443857)
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#11 | ||
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10-10ths official Trekkie
Veteran
Join Date: May 2005
Posts: 4,297
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I don't think so, Walky was a huge cheese when he owned HRT and Kmart Racing, would we see HRT and HSVDT go back on top of the game?
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One batch two batch, penny and dime
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26 Oct 2005, 14:02 (Ref:1443972)
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#12 | |||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 46,727
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Quote:
....there are protected assets not part of the original group that fell over... like HSV.. or the holding company anyway... that obviously provided a springboard for this acquisition. Or GMAC is offering Skaife-like rates on the loans  Since Mr Walkinshaw is allegedly in charge of the former HMS group, do you think he will call in all the debts and favours given to various Holden teams over the years that were accumulated and seemingly 'washed away' within the Holden Motorsport marketing budget?? Can you hypothesise what would happen in the unlikely event that the thumbscrews were being applied to a couple of teams that may or may not utilise HMS-developed equipment & technology at less than full rent... or were indeed charged full rent... but were unable/unwilling to reach agreement about their fair share of costs... perhaps believing HMS would pay for it all... I mean, since Holden is now divorced from HMS... how precisely will Holden stop TWP from seeking restitution?? ... or not... too much Diet Coke... must get to sleep.... 
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__________________
Happy David Thexton Day, 21st March 2003 “I am not uncertain” - Dollar Bill Stern, Billions “Fear stimulates my imagination” - Don Draper, Mad Men “Everybody Lies” - Dr Gregory House, House “Trust But Verify” - Commissioner Frank Reagan, Blue Bloods
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27 Oct 2005, 00:19 (Ref:1444625)
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Racer
Join Date: Jan 2003
Posts: 272
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Quote:
 It's not like he's won 9 Bathursts for them; nor initiated any dynamic breakthroughs in road car/race car technology, marketing, pizzazz... |
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Pushrods - the future of engine technology
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27 Oct 2005, 00:38 (Ref:1444638)
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#14 | ||
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Veteran
Join Date: Jan 2002
Posts: 901
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... polarizers!
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27 Oct 2005, 01:54 (Ref:1444671)
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Veteran
Join Date: Aug 2003
Posts: 952
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Quote:
 , or did you leave it out intentionally?
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