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13 Aug 2004, 09:53 (Ref:1064792)
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#101 | |
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Rookie
Join Date: Aug 2004
Posts: 26
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Who ******* cares
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13 Aug 2004, 09:54 (Ref:1064793)
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#102 | ||
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Veteran
Join Date: Jun 2004
Posts: 6,033
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Thanks lowndesfan.
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__________________
. . . »-(¯`v´¯)-»........................The retro report........................©®»-(¯`v´¯)-» ê¿~ Disclaimer; the above is pure speculation and only posted for entertainment purposes!!!
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26 Aug 2004, 11:55 (Ref:1077953)
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#103 | |
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Racer
Join Date: Apr 2004
Posts: 334
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OK -just bringing this to the top again.
As I care, so if you don't care don't worry. It's like counting the clock down when you know who's going to win. Any news ? 
Last edited by Techo; 26 Aug 2004 at 11:57. |
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26 Aug 2004, 12:29 (Ref:1077994)
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#104 | ||
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Racer
Join Date: Jan 2003
Posts: 242
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Nope, they have not been back in for the past few weeks.
Lawyers will be loving this Maybe Bob in Athens to see how JOHN goes (coming 3rd over all right now) 
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1 Jul 2005, 04:00 (Ref:1344411)
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#105 | |
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Racer
Join Date: Apr 2004
Posts: 334
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Lawyers have cleaned up here !
Very small artical in AA, for such alot of money spent  Anyone know anymore about this battle ? |
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1 Jul 2005, 12:26 (Ref:1344666)
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#106 | ||
 Race Official1% Club
Join Date: Dec 2002
Posts: 47,179
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The article was interesting in that it seems the deal between Mr Gibson with Mr Watson and Mr Forbes was verbal rather than written...
... and considering a verbal contract is worth only the paper it is written on (read:none) it all seems a little odd. Not sure I would want to take someone to court, looking for a $20m claim, on the strength of a verbal contract............ 
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__________________
Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS
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17 Dec 2005, 08:44 (Ref:1485664)
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#107 | ||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 47,179
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Ah this old chestnut...
Very interesting reading Here Mr Forbes made some serious money when he sold his L1 franchise licence slots for a reputed $3m for the pair, having bought them for $400k in early 2001............ |
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__________________
Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS
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17 Dec 2005, 08:59 (Ref:1485665)
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#108 | ||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 47,179
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Ok... the salient points to me are around the cost of the key people in the operation.
Ford was supposed to put $1.5m a year on the table in 2001, and $3m a year in 2002 & 2003. According to some of the testimony in the above,.... the following costs emerge... Mr Watson - Sponsor Procurement - $150k/yr (2001) $300k/yr (2002 & 2003) Mr Heaphy - Motorsport Management - $120k/year (all years) Mr Gibson - Team Principal - $250k/yr +7% of gross...(all years) So of the money from Ford... in 2001, $520k+7% of gross of the $1.5m (more than 1/3) went to these 3 people.. which improved in percentage terms in 2002 and beyond at $670k+7% of gross of the $3m (only 22%... ) Ford cheque went here. Is this a top heavy organisation?? How much money touched the race cars that didnt have to come from Mr Forbes? Very very strange |
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__________________
Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS
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17 Dec 2005, 09:02 (Ref:1485666)
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#109 | ||
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Racer
Join Date: Nov 2003
Posts: 212
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Bit bored were we GTR, christ your so bloody slow at finding out news that only happened 6 months ago and what the actual final outcomes were, pity you didn't use your brain a bit sooner by asking dumbrell_fan who at the time just hapened to be the Manager of the (Official Rodney Forbes Fan Club) obviously this was a THB for you.
 
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__________________
HRT breed winners '96/'98/'99/'00/'01/'02
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17 Dec 2005, 09:32 (Ref:1485673)
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#110 | ||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 47,179
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Not bored at all, actually was discussing something regarding this situation recently, which is more up to date than the detail discussed here.
Franchise sale profits remain very very interesting! |
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__________________
Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS
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25 Nov 2008, 20:19 (Ref:2341651)
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#111 | ||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 47,179
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__________________
Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS
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25 Nov 2008, 21:19 (Ref:2341692)
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#112 | ||
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Veteran
Join Date: Dec 2002
Posts: 3,011
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Saw this in the Herald Sun this morning and was about to find this old thread but once again GTRMagic beat me to it.
Last edited by PVDA; 25 Nov 2008 at 21:22. |
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26 Nov 2008, 00:05 (Ref:2341810)
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#113 | |
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Veteran
Join Date: Dec 2003
Posts: 6,885
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Surprised that nonsense was still going on.
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Wolverines!
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