|
||||||||||
|
||||||||||
15 Feb 2005, 09:44 (Ref:1225974) | #1 | |
Racer
Join Date: Jan 2003
Posts: 292
|
why did larry sell his franchises
Maybe I missed something, but why did Larry sell his Franchises to WPS?
|
|
|
15 Feb 2005, 09:53 (Ref:1225980) | #2 | ||
Veteran
Join Date: Nov 2004
Posts: 1,382
|
3 million good reasons.
|
||
|
15 Feb 2005, 09:56 (Ref:1225981) | #3 | ||
Veteran
Join Date: Feb 1999
Posts: 2,725
|
Billy: I do not believe that to be the case. It has been widely commented on covering a number of reasons in these fora. You would do well to jump into one of the other threads which has already examined this topic at length, rather than cover the same old ground.
Again. Last edited by Falcadore; 15 Feb 2005 at 09:58. |
||
__________________
Mark Alan Jones Opinionated Human My opinions only have the power you give them |
15 Feb 2005, 10:03 (Ref:1225987) | #4 | |||
Veteran
Join Date: Nov 2004
Posts: 1,382
|
Quote:
|
|||
|
15 Feb 2005, 10:13 (Ref:1225998) | #5 | ||
Veteran
Join Date: Feb 1999
Posts: 2,725
|
Touchy.
Billy: I do not believe that to be the case. Naughty: It has been widely commented on covering a number of reasons in these fora. You would do well to jump into one of the other threads which has already examined this topic at length, rather than cover the same old ground. Again. Does that make you happier? It's not my job to moderate here, as you so eloquantly suggested, but the topic has been done to death already. |
||
__________________
Mark Alan Jones Opinionated Human My opinions only have the power you give them |
15 Feb 2005, 10:22 (Ref:1226005) | #6 | |||
Veteran
Join Date: Sep 2003
Posts: 4,375
|
Quote:
|
|||
__________________
Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car. |
15 Feb 2005, 10:26 (Ref:1226009) | #7 | |||
Veteran
Join Date: Nov 2004
Posts: 1,382
|
Quote:
|
|||
|
15 Feb 2005, 10:29 (Ref:1226015) | #8 | ||
Race Official
1% Club
Join Date: Dec 2002
Posts: 46,695
|
Imagine.... if you will...
Divorce pending... Own an asset that cost $2k, but is worth $3m... own a business with assets worth, ironically, around $3m.. Trouble & strife entitled to a cut.... Do I sell the income producing business... that has been my past for 20 years, and my future for 20 more... ... or do I sell something that may not be worth more than I can sell it for today... that cost me very little... ... and allows my business to survive... and my liabilities to be washed away... If any of this actually happened of course.... |
||
__________________
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 |
15 Feb 2005, 10:30 (Ref:1226016) | #9 | |
Racer
Join Date: Jan 2003
Posts: 292
|
Dont blame me, all i did was ask a question in a discussion forum.... isnt that what your meant to do?
I had looked back through the discussions and I couldnt find any reason (other than the money) as to why larry would do it. surely he needs them to gain entry into the races. thanks GTR Last edited by naughtymutt; 15 Feb 2005 at 10:30. |
|
|
15 Feb 2005, 10:44 (Ref:1226023) | #10 | |||
Veteran
Join Date: Nov 2004
Posts: 1,382
|
Quote:
|
|||
|
15 Feb 2005, 11:26 (Ref:1226058) | #11 | |||
Veteran
Join Date: Feb 2003
Posts: 1,661
|
Quote:
Would he really have risked not getting a Castrol car on the grid for '05? Is his engineering business so good that he could have walked away from CPR?? What would happen to Richo and Dumbrell? Maybe the L2's were in fact "promised" to him by the Franchise Nazi? Did they have ownership of them to make promises anyway? Still sooo many questions... Sorry Falc but I still can't find the answers on here... |
|||
__________________
Punters Beer Fest. Indy 02, Clipsal 03, Winton 04, Paperclip 05, Darwin 06, Oran Park 07, Phillip Island 08, Sandown 09, Townsville 10, Symmons 11, Eastern Creek 12, Winton 13. Townsville 14. Paperclip 15, Sandown 16, Symmons 17, PI 18, The Bend 19 |
15 Feb 2005, 12:49 (Ref:1226133) | #12 | |
Veteran
Join Date: Nov 2003
Posts: 509
|
Home priority is higher than business priority.
|
|
__________________
"It was dry for the second go-around. Grice, nervous, worrying about his Bathurst jinx, ran 2:25.9. The amazing Brock, using every last centimetre of bitumen, yet keeping the car straight and balanced and at full noise, came back with a staggering 2:20.0 as if to say: "Match that". And people just shook their heads, bit their lips and wondered who would be second". RIP Peter Brock. 1945-2006 |
15 Feb 2005, 23:32 (Ref:1226674) | #13 | |
Racer
Join Date: Feb 2005
Posts: 226
|
it always comes own to the money.....I reckon Larry would have his first dollar
|
|
|
16 Feb 2005, 00:04 (Ref:1226698) | #14 | ||
Racer
Join Date: Jan 2004
Posts: 333
|
Because he was offered $3million for something he originally got for free.
|
||
|
16 Feb 2005, 00:52 (Ref:1226724) | #15 | |
Racer
Join Date: Feb 2004
Posts: 449
|
IF TEGA gets the grid down to 32, then all 32 will be required at all events.
IF all 32 licenses were required at all events (as opposed to the current 80% requirement for L2) then L2 would have to become at least equivalent to L1... Wouldn't it be better to own L2 than L1 in this fictitious scenario? |
|
|
16 Feb 2005, 01:00 (Ref:1226729) | #16 | |
Racer
Join Date: Mar 2004
Posts: 424
|
Can I make a suggestion, Larry is having problems getting "his" numbers back, maybe if we all emailed Tega/Avesco and showed some support so he can keep these numbers. These numbers are as symbolic to Larry, as 05 to Brock and 17 to Dick. Lets see if we can help him. Sponsors who spend so long associating with a number would not be happy either, in my opinion.
|
|
|
16 Feb 2005, 01:02 (Ref:1226732) | #17 | |
Racer
Join Date: May 2004
Posts: 114
|
Dont worry larry will have his normal number next season. Just all media hype.
|
|
|
16 Feb 2005, 01:46 (Ref:1226744) | #18 | |
Veteran
Join Date: Aug 2004
Posts: 741
|
There was a bit in AA today tha TEGA still haven't validated his use of the L2 fanchises. Britek's were rubber stamped straight away at the same meeting Larry's were sent too. Anyone know what the deal is. It will be pretty crappy if LP doesn't have 11.
|
|
|
16 Feb 2005, 04:29 (Ref:1226795) | #19 | |
Racer
Join Date: Mar 2004
Posts: 424
|
Trev my post is accurate as of two days ago, which was after the meeting with Tega.
|
|
|
16 Feb 2005, 08:34 (Ref:1226891) | #20 | |||
Race Official
1% Club
Join Date: Dec 2002
Posts: 46,695
|
Quote:
|
|||
__________________
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 |
16 Feb 2005, 12:55 (Ref:1227168) | #21 | ||
Veteran
Join Date: Feb 1999
Posts: 2,725
|
Why does anyone think Larry cares about 'his' numbers? #8 was just a number of convenience and was mainly associated with a driver no longer in the team. Steven Richards has never had "a number", neither has Paul Dumbrell.
Larry is as pragmatic a soul in the pits as they come. Chances are such an organised move might be greeted with a shake of the head. |
||
__________________
Mark Alan Jones Opinionated Human My opinions only have the power you give them |
16 Feb 2005, 13:07 (Ref:1227179) | #22 | |
Veteran
Join Date: Jan 2004
Posts: 2,382
|
I still think you will find Perkins buying a discounted Dynamik L1 Franchise, and Dynamik running one car in a L2 without a penalty.
|
|
|
17 Feb 2005, 00:56 (Ref:1227788) | #23 | |
Racer
Join Date: Feb 2004
Posts: 449
|
From memory, Perkins chose 11 in the first place because it was the easiest number to put on the car with tape...
|
|
|
17 Feb 2005, 01:23 (Ref:1227802) | #24 | |||
Veteran
Join Date: Jun 2004
Posts: 2,546
|
Quote:
That sounds quite interesting, not to sure how the folk will feel about TD having NIL penalties? I do wonder if Larry would ever want to sell his franchisers again very soon....I think not. Nearly backfired. |
|||
__________________
GO Hard or GO Home |
17 Feb 2005, 01:35 (Ref:1227807) | #25 | |||
Racer
Join Date: Jan 2003
Posts: 272
|
Quote:
He may have become 'attached' to 'his' number since making that statement; however such would probably be insignificant now, given other issues at hand. |
|||
__________________
Pushrods - the future of engine technology |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Level 2 Franchises | tiko | Australasian Touring Cars. | 19 | 5 Apr 2006 01:42 |
The 4 remaining franchises | crozier74 | A1GP | 23 | 2 Sep 2005 09:32 |
Perkins L1 franchises sold | pete55 | Australasian Touring Cars. | 13 | 7 May 2004 04:36 |
2003 Franchises etc ???????????? | The Tool Man | Australasian Touring Cars. | 4 | 15 Nov 2002 10:31 |