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22 Mar 2019, 11:06 (Ref:3892694) | #1 | ||
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Wanna Buy A Share In A Race Team?
AA reports this week that Tickford Racing is looking to source a replacement co-owner, with Mr French said to be looking to exit his shareholding.
The story direct quotes Mr Nash, so unlikely to be a stalking horse story.. maybe.. Options outlined appear to include a full sale or part sale to the existing ownership/management group, or others.. Article also directly references allegations that Tickford Racing is/was/may have been struggling with commercial sponsorship levels. Presumably the rumoured level of annual top up of the operating budget for the racing operation might form a part of the challenge in investigating possibly taking up an equity position in that team Presuming any of this actually happened |
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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 |
22 Mar 2019, 19:17 (Ref:3892810) | #2 | ||
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The Chaz/Supercheap departure will hit hard then...
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The Jerk Store rang... |
22 Mar 2019, 21:40 (Ref:3892832) | #3 | |
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Interesting article in AA, cashflow issues?
Now is your chance to shine as a team owner GTR Magic, just drop them dollars on the desk in front of the directors and you are in! Flies, floats, is female- rent it. Tits or tyres it will end in tears. |
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22 Mar 2019, 23:20 (Ref:3892845) | #4 | |
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Perhaps Mr Adderton should have stuck around?
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22 Mar 2019, 23:27 (Ref:3892847) | #5 | ||
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You can imagine Mr Adderton or Mr Gomersall perhaps seeing an opportunity here.
Each comes with corporate largesse, and a pilot, to drop into one of the already-branded cars Indeed Mr Gomersall already has a share in a team of people that could easily slit into the operating structure of the squad... |
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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 |
23 Mar 2019, 00:06 (Ref:3892851) | #6 | ||
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23 Mar 2019, 00:52 (Ref:3892858) | #7 | |
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23 Mar 2019, 00:58 (Ref:3892859) | #8 | ||
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23 Mar 2019, 01:01 (Ref:3892860) | #9 | ||
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Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car. |
23 Mar 2019, 01:25 (Ref:3892864) | #10 | |
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If my numbers come up in the $70M ozlotto, I'll give them a call...
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23 Mar 2019, 01:45 (Ref:3892865) | #11 | ||
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Quote:
HRT offered Dodo a sponsorship deal for 1/3 of the cost they were providing to Tasman. And that's just one example. It's always interesting to see where precedents are set. |
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23 Mar 2019, 01:45 (Ref:3892866) | #12 | ||
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23 Mar 2019, 03:13 (Ref:3892874) | #13 | |
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23 Mar 2019, 09:38 (Ref:3892911) | #14 | ||||
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Quote:
Quote:
You could also make a serious argument that if you're going to spend that much money, lets call it $600k/year in 2006 terms, that you could get a lot more bang for your buck ending up on the bumper and guards of a HRT car, as you could getting a full car out of a basketcase team that's underselling the value of it. Let's also not forget that Dodo were with Team Dynamik in 2004, Tasman in 2005, so they had form for moving, and going to HRT from either one of those is a serious upgrade. Tasman in 2006 also had the Firepower money which I'd imagine was quite a bit more than the Dodo money... So we're back to the point, HRT never undersold a sponsorship. FPR/PRA did it over and over again. Notably with Trading Post. Monster is really the only genuine sponsor PRA has ever developed and leveraged, every other one has been handed to them (Dunlop, Castrol, Orrcon, Caterpillar) or pinched (Trading Post, Pepsi, Bottle-O). Supercheap I will leave off that list, as they have moved around a lot, but they have stayed with PRA so I wonder if the price is good. I guess you have to give them MEGA and Rabble.Club? |
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23 Mar 2019, 10:44 (Ref:3892919) | #15 | |
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That's a lot of waffle to try and make HRT look like they have never undercut a sponsorship deal; which they of course have.
The whole initial history of HRT was based on sponsorship woes, from skipping ATCC races, to hiring Gardiner for the sole purpose of trying to gain more sponsorship, as well as recruiting Brock for his Mobil deal. It's strange that you constantly go out of your way to try and put FPR/TR down on sponsorship issues, when there's a whole lot worse that's been going on for a whole lot longer. |
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23 Mar 2019, 10:47 (Ref:3892920) | #16 | |||
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I note with interest you can't argue with the specific points I've made, because basically everybody else knows they are true and you are in denial. |
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23 Mar 2019, 10:57 (Ref:3892923) | #17 | ||
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Quote:
Maybe you should take a break from commenting on TR matters - you don't have anything much to add in addition to your recurring opinion on their sponsorship arrangements. |
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24 Mar 2019, 13:02 (Ref:3893052) | #18 | ||
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GO Hard or GO Home |
24 Mar 2019, 13:06 (Ref:3893055) | #19 | ||
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Phil Munday Racing ??????
PMR |
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GO Hard or GO Home |
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