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6 Oct 2017, 20:26 (Ref:3772354)
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#91
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 Race Official 1% Club
Join Date: Dec 2002
Posts: 43,567
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__________________
C.D. Bales (Roxanne): "Are we having fun yet?"
Harvey Specter: Anyone can do my job, but no one can be me.
Anyone can be a lost Picasso.... I love lamp... BE ON EDGE..
Wherever you go, there you are... more cash than panache...
“What the hell kind of moon man talk is that?” - Frank Barone
“If we can’t tell each other the hard truths, then what are we doing?” - Harvey Specter
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6 Oct 2017, 21:52 (Ref:3772368)
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#92
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Veteran
Join Date: May 2003
Posts: 1,100
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Funny that for all this talk of the entry of foreign teams taking ownership in Supercar teams opening doors overseas for people, in the 15 years or so that TWR ran Holden's racing program before its demise, the only people I can think of to ever get gigs outside of Australia were Larry Perkins at Le Mans in 1988 and Craig Lowndes in F3 in 1997. Everyone from the category who has been overseas since; Marcos Ambrose, Jason Bright, Owen Kelly, James Small etc seemingly have done it off their own bat with nothing more than a few references.
While Penske has undoubtedly revitalised DJR, PRA struggled when part of the Prodrive empire with all of its Bathurst and championship success having come after it was was sold to Australian owners. Being part of the global Nismo program hasn't netted too many results for Nissan. At the end of the day, those with the best funding and personnel will prevail.
The question is who are WAU going to go after. Both drivers are contracted until the end of 2019 and while early terminations could be negotiated, realistically Courtney and Pye are as good as they are going to attract, no top line driver would go there other than for silly money. So maybe they will do the rounds for engineers, but the Adrian Burgess termination will serve as a reminder the grass is not always greener.
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6 Oct 2017, 22:56 (Ref:3772381)
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#93
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Rookie
Join Date: Sep 2017
Posts: 6
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Quote:
Originally Posted by GTRMagic
Walkinshaw Justifies Merger
Apparently 888 are going to struggle against the 'super teams' 
Seems to be trying awfully hard to justify his own deal... 
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I think you are being unfair on RW here. You complain when journos don’t ask enough questions yet here you are getting more answers, statements and interviews than expected. Time can be the only judge here but to have Andretti out here for the announcement shows they are serious.
This is a good thing.
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7 Oct 2017, 00:08 (Ref:3772389)
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#94
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Racer
Join Date: Jul 2006
Posts: 460
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Does less ownership responsibility mean more time to hit the decks?
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7 Oct 2017, 01:16 (Ref:3772394)
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#95
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Race Official 1% Club
Join Date: Dec 2002
Posts: 43,567
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Quote:
Originally Posted by Forda
Does less ownership responsibility mean more time to hit the decks?
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Possibly... 
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__________________
C.D. Bales (Roxanne): "Are we having fun yet?"
Harvey Specter: Anyone can do my job, but no one can be me.
Anyone can be a lost Picasso.... I love lamp... BE ON EDGE..
Wherever you go, there you are... more cash than panache...
“What the hell kind of moon man talk is that?” - Frank Barone
“If we can’t tell each other the hard truths, then what are we doing?” - Harvey Specter
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7 Oct 2017, 01:17 (Ref:3772395)
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#96
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Race Official 1% Club
Join Date: Dec 2002
Posts: 43,567
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__________________
C.D. Bales (Roxanne): "Are we having fun yet?"
Harvey Specter: Anyone can do my job, but no one can be me.
Anyone can be a lost Picasso.... I love lamp... BE ON EDGE..
Wherever you go, there you are... more cash than panache...
“What the hell kind of moon man talk is that?” - Frank Barone
“If we can’t tell each other the hard truths, then what are we doing?” - Harvey Specter
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7 Oct 2017, 20:56 (Ref:3772714)
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#97
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Race Official 1% Club
Join Date: Dec 2002
Posts: 43,567
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62.5% Of Walkinshaw Racing Sold For $4.5m
Quite why Mr Phelps thinks that money will be pushed back to the team to increase resources is beyond me. It's Mr Walkinshaw's payday.
If the ownership split is correct in the article, the new shareholding of Walkinshaw Andretti United Racing appears to be:
- Walkinshaw 37.5%
- Andretti 37.5%
- United 25%
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__________________
C.D. Bales (Roxanne): "Are we having fun yet?"
Harvey Specter: Anyone can do my job, but no one can be me.
Anyone can be a lost Picasso.... I love lamp... BE ON EDGE..
Wherever you go, there you are... more cash than panache...
“What the hell kind of moon man talk is that?” - Frank Barone
“If we can’t tell each other the hard truths, then what are we doing?” - Harvey Specter
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7 Oct 2017, 22:11 (Ref:3772759)
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#98
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Racer
Join Date: Jul 2006
Posts: 460
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Quote:
Originally Posted by GTRMagic
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That was the original premise though?
Maybe he referenced your first post in the thread - "to invest in more engineering capability".
Who really knows where the funds will be channeled to - they might be primarily needed to cover a hole dug this year which still needs to be filled in?
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11 Oct 2017, 07:14 (Ref:3773587)
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#99
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Veteran
Join Date: Aug 2004
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Location:
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Melbourne Victoria |
Posts: 3,247
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Quote:
Originally Posted by GTRMagic
62.5% Of Walkinshaw Racing Sold For $4.5m
Quite why Mr Phelps thinks that money will be pushed back to the team to increase resources is beyond me. It's Mr Walkinshaw's payday.
If the ownership split is correct in the article, the new shareholding of Walkinshaw Andretti United Racing appears to be:
- Walkinshaw 37.5%
- Andretti 37.5%
- United 25%
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It's Mr Walkinshaw's payday .... lots of assumption GTR ??
I'd see most of the purchase price going in working capital.
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__________________
more torque than a climate change conference
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16 Oct 2017, 12:19 (Ref:3774480)
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#100
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Race Official 1% Club
Join Date: Dec 2002
Posts: 43,567
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Quote:
Originally Posted by GTRMagic
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Replacing ex-NisMoAu guru Mr Somerset apparently...
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__________________
C.D. Bales (Roxanne): "Are we having fun yet?"
Harvey Specter: Anyone can do my job, but no one can be me.
Anyone can be a lost Picasso.... I love lamp... BE ON EDGE..
Wherever you go, there you are... more cash than panache...
“What the hell kind of moon man talk is that?” - Frank Barone
“If we can’t tell each other the hard truths, then what are we doing?” - Harvey Specter
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9 Nov 2017, 10:10 (Ref:3779584)
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#101
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Race Official 1% Club
Join Date: Dec 2002
Posts: 43,567
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Foges Interviews Ryan Walkinshaw
If WP have all the right people, why did they need Andretti/United?
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__________________
C.D. Bales (Roxanne): "Are we having fun yet?"
Harvey Specter: Anyone can do my job, but no one can be me.
Anyone can be a lost Picasso.... I love lamp... BE ON EDGE..
Wherever you go, there you are... more cash than panache...
“What the hell kind of moon man talk is that?” - Frank Barone
“If we can’t tell each other the hard truths, then what are we doing?” - Harvey Specter
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9 Nov 2017, 10:57 (Ref:3779601)
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#102
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Veteran
Join Date: Dec 2011
Posts: 5,509
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Why are all of Mr Fogarty's interviews awkward?
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9 Nov 2017, 11:53 (Ref:3779604)
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#103
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Veteran
Join Date: Oct 2000
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Location:
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Sydney, NSW, Australia |
Posts: 555
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Quote:
Originally Posted by GTRMagic
62.5% Of Walkinshaw Racing Sold For $4.5m
Quite why Mr Phelps thinks that money will be pushed back to the team to increase resources is beyond me. It's Mr Walkinshaw's payday.
If the ownership split is correct in the article, the new shareholding of Walkinshaw Andretti United Racing appears to be:
- Walkinshaw 37.5%
- Andretti 37.5%
- United 25%
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Incredibly cheap isn't it. Values the business at only 7.2mm AUD!!
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10 Nov 2017, 23:04 (Ref:3779852)
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#104
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Racer
Join Date: Jul 2006
Posts: 460
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Quote:
Originally Posted by Langers
Incredibly cheap isn't it. Values the business at only 7.2mm AUD!!
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How much do you think it's worth?
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10 Nov 2017, 23:07 (Ref:3779853)
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#105
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Veteran
Join Date: Dec 2011
Posts: 5,509
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They only bought into the race team, bear in mind.
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