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6 May 2004, 04:55 (Ref:962203)
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#1 | ||
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Veteran
Join Date: Jan 2003
Posts: 6,387
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Perkins L1 franchises sold?
Does anybody know if there is any truth in the rumour that Tony Longhurst has bought the two Level 1 Franchises. If so will that mean Longhurst slots into the second L1 beside Steven Richards.
Last edited by pete55; 6 May 2004 at 05:02. |
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6 May 2004, 05:14 (Ref:962208)
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Rookie
Join Date: Mar 2004
Posts: 8
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May have somthing to do with the team testing arrangements as I think there are problems with allowing Perkins to test with having al franchises under his name. I think similar with HRT and Team Brock last year. ALthough I could be wrong.
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6 May 2004, 08:55 (Ref:962304)
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Veteran
Join Date: Sep 2003
Posts: 4,375
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If the price Larry was asking is indeed true, they will never sell, unless another UK based engineering firm is looking at Australia....
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__________________
Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car.
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6 May 2004, 09:09 (Ref:962314)
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Veteran
Join Date: Sep 2003
Posts: 790
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god I hope not.
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6 May 2004, 09:49 (Ref:962337)
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#5 | |||
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Veteran
Join Date: Feb 2003
Posts: 1,661
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Quote:
Bit like saying my house in Wagga is on the market. For $25 million... |
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__________________
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
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6 May 2004, 10:26 (Ref:962362)
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#6 | ||
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Veteran
Join Date: Oct 2000
Posts: 3,366
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I'll buy it...
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__________________
I am grateful that I am not as judgemental as all those censorious, self-righteous people around me.
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6 May 2004, 10:38 (Ref:962373)
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#7 | ||
 Race Official1% Club
Join Date: Dec 2002
Posts: 46,695
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C'mon guys get with the program.... the intention seems clear enough... sell the franchises with a legal caveat that never sees them leave the effective financial control of the original owner... rather like the sale of some other mob that happened recently on the never never plan....
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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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6 May 2004, 10:42 (Ref:962377)
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#8 | ||
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Veteran
Join Date: Jan 2003
Posts: 6,387
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GTR, is there any word on Perkin's testing restrictions being lifted or are they status quo.
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__________________
Life is all about Ass. You're either covering it, kissing it, kicking it, laughing it off, busting it or trying to get a piece of it.
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6 May 2004, 10:46 (Ref:962379)
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#9 | ||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 46,695
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Its on the current Holden investigation timeline... which means things stay in a holding pattern until LP complies with Mr O'Reilly's requirements. No testing is what LP wanted, and if he isnt careful, might be what he gets too!
Doesnt seem to be slowing Richo down too much tho 
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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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6 May 2004, 11:21 (Ref:962402)
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#10 | ||
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Veteran
Join Date: Jan 2003
Posts: 6,387
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Larry might resort to legal action to liven things up a bit.
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__________________
Life is all about Ass. You're either covering it, kissing it, kicking it, laughing it off, busting it or trying to get a piece of it.
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6 May 2004, 11:24 (Ref:962405)
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#11 | ||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 46,695
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Its not Bathurst yet is it? Cant be time for Larry to bring out the bush lawyer talk
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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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6 May 2004, 12:21 (Ref:962473)
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#12 | |
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Rookie
Join Date: May 2004
Posts: 16
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If LP has sold(leased, promised, sold his soul)it would be a sad day indeed. He is simply following Holdens lead. In the future(or in HRT's case now) the monetary value will not be in the team but in the Company that supplies the team with everything it needs. What does Holden Motorsport do again?? Larry will now be able to supply as many teams as he wants without TEGA interference. License to print money.
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6 May 2004, 12:46 (Ref:962500)
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#13 | ||
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Veteran
Join Date: Jan 2003
Posts: 6,387
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I think the tide is turning from HRT to PWR now though isn't it?
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__________________
Life is all about Ass. You're either covering it, kissing it, kicking it, laughing it off, busting it or trying to get a piece of it.
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7 May 2004, 04:36 (Ref:963075)
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#14 | ||
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Veteran
Join Date: May 2004
Posts: 1,200
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All Larry will do is sell the franchises to a shelf company to put legal separation between his Level 1 franchises and the & the Nash (Longhurst ) franchise.
Currently they are lumped together so that every time the 3rd car tests it costs them 2 test days - same as what happened to FPR last year. Larry isn't going anywhere in a hurry. |
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