|
||||||||||
|
||||||||||
2 Nov 2017, 10:23 (Ref:3778141) | #1 | ||
Race Official
1% Club
Join Date: Dec 2002
Posts: 46,693
|
ANDRA
Massive losses.... again
Story Here I get that this is a private entity with obvious (and not so obvious) structural and compliance issues, but surely if any organisation was in need of an injection of powerful strategic & operational solutions, it might be this one. SuperDrags anyone? |
||
__________________
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 |
2 Nov 2017, 10:31 (Ref:3778143) | #2 | |
Veteran
Join Date: Dec 2011
Posts: 7,396
|
They have been slow to react on a lot of things, that competitors, promotors, and investors had warned them about, or had issued proposals for, seeking changes.
When a quarter of your paying member base jumps ship, that's a serious problem. |
|
|
2 Nov 2017, 11:28 (Ref:3778155) | #3 | ||
Veteran
Join Date: Aug 2003
Posts: 4,375
|
ANDRA lost its way once a faction ousted the long-standing, inclusive CEO & installed it's own attack dog as CEO.
This led to attacks on various parties within the sport, most notably the big tracks and not surprisingly, after many warnings, the big tracks left and went with a US sanctioning body instead. In the meantime, ANDRA kept on running up losses and talking tough - including support from CAMS via a letter from the CAMS CEO to ANDRA members. For sure in recent times the scale of the losses has been reduced and there has been a truce declared with the big tracks and their 400 Thunder series but there has been a lot of damage done. They're declaring a loss of just under $200K but received a payment from Sydney Dragway of $300K odd so they've still managed to tear up half a mill this year. The faction within ANDRA that took over power has almost single-handedly managed to just about destroy the sport here - all for ego, power games and not much else. Of all the forms of motorsport, drag racing is something of an anachronism these days with its use of MPH, lbs, inches, feet etc but what it surely didn't need was the self-destruction of the last few years. Last edited by Tourer; 2 Nov 2017 at 11:35. |
||
__________________
“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 |