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Thread Tools | Display Modes |
30 Jan 2003, 02:38 (Ref:490138)
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#1 | |
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Veteran
Join Date: Dec 2002
Posts: 579
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Mystery man: Stefan Johansson's CART team is shaping up, but who's paying the bills?
Johansson said he is spending some of his own money, and “obviously, I have some very, very good partners behind me.” Those partners, whom he didn’t identify, must be well-heeled, because Johansson doesn’t seem terribly worried about landing sponsors.
“We’re talking to a number of sponsors, but really our objective this year, my mandate when we started this, is we’re funded to run the season and we want to basically spend this year on building very strong relationships,” Johansson said. “We’re here for the long haul.” AutoWeek |
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30 Jan 2003, 02:54 (Ref:490143)
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#2 | |
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Join Date: Oct 2001
Posts: 3,840
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"Stefan's partners are Chris James and Dan Benton. Chris and Dan are co-founders of Andor Capital Management (www.andorcap.com)"
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30 Jan 2003, 03:15 (Ref:490152)
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#3 | |
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Veteran
Join Date: Jul 2002
Posts: 576
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Interesting, there must be some pookfare involved however. I can't imagine these guys would risk a bunch of cash on an auto racing team with no sponsors. Sounds like a recipe for losing millions. Unless they really like the sport and are really rich.
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30 Jan 2003, 03:42 (Ref:490165)
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#4 | ||
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Veteran
Join Date: Jul 1999
Posts: 6,038
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Yes, there is likely some support from Cart for this team, so what? In F1, Jordan and Minardi also have some support from Bernie... It's tough times, and these things are necessary.
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__________________
"I used to hate writing, but now I enjoy it. I realized that the purpose of writing is to inflate weak ideas, obscure poor reasoning, and inhibit clarity. With a little practice, writing can be an intimidating and impenetrable fog!" - Calvin and Hobbes |
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30 Jan 2003, 06:13 (Ref:490212)
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#5 | ||
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Veteran
Join Date: Jul 2001
Posts: 7,294
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*Concurs with Jay's post*
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__________________
Sunderland Til I Die! |
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30 Jan 2003, 06:46 (Ref:490239)
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#6 | ||
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Veteran
Join Date: Sep 2002
Posts: 625
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Working from memory so there are bound to be holes, but...
Didn't Parker Johnstone run a car without sponsership for a while untill he landed the ride with Kool? As I recall, he mortgaged everything he had to get into the car because he loved racing that much. Now he wasn't the greatest pilot to run open wheel, but that's determination. Didn't Hogan run his team out of pocket for a while before he hooked up with Rahal? I'm sure there have been many others that don't come to mind that have run in just the last ten years. |
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30 Jan 2003, 07:08 (Ref:490253)
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#7 | |
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Veteran
Join Date: Sep 2002
Posts: 1,480
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I think Hogan ran 1999 entirely out of his own pocket with Helio Castroneves.
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__________________
"All this amateur analysis leads nowhere and is insignificant......So you waste hours, days, months, years of your life for what end? A bit of one-upmanship on the internet?" - Wilton969 |
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30 Jan 2003, 07:52 (Ref:490266)
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#8 | ||
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Veteran
Join Date: Jun 2001
Posts: 8,125
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Yes, Snout, I believe you're right there. Carl Hogan is a man who has earned my respect, to be sure. But I can't seem to remember Parker's pre-KOOL ride.
Now there's a driver I really miss having around. True, he wasn't the "greatest pilot", but he wasn't all that bad either. Remember his pole at MIS? But because my "favourite" drivers are generally those who have striken me the right way when I've met them, Parker makes that list. Back to the topic, something I realized but didn't realize is that the only two Americans on the grid will be Stefan's. |
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__________________
Don't make a fuss, just get on the bus! |
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30 Jan 2003, 08:19 (Ref:490278)
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#9 | |
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Veteran
Join Date: Sep 2002
Posts: 1,480
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Lightbulb. Was Parker's pre Kool ride that #49 Motorola Car with some purple paint on it ?
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__________________
"All this amateur analysis leads nowhere and is insignificant......So you waste hours, days, months, years of your life for what end? A bit of one-upmanship on the internet?" - Wilton969 |
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30 Jan 2003, 09:12 (Ref:490294)
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#10 | ||
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Veteran
Join Date: Nov 2002
Posts: 693
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Parker's pre Kool ride was indeed the #49 Motorola car. That was run by Comptech who I believe he also drove for in IMSA before that. I think they won a bunch of championship in that. And then they went on to be a Honda test team for CART before running full time. This is all from memory but I believe it's correct.
Parker was one of those guys who would get really excited for finishing a mere 2nd. That's why he was one of my favourites. Hey, if we can't get him back in the cockpit, put him in the booth. He was good there too... What's he doing now? |
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When asked facetiously if he knew he’d ruined a good story line by beating Patrick, Wheldon responded bluntly, “Don’t care one bit.” |
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30 Jan 2003, 09:22 (Ref:490299)
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#11 | ||
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Join Date: Jul 2001
Posts: 7,294
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He used to commentate, I know that much.
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__________________
Sunderland Til I Die! |
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30 Jan 2003, 10:03 (Ref:490344)
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#12 | |||
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Veteran
Join Date: Jan 2002
Posts: 2,405
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Quote:
I read in an article when Stefan announced his drivers that he had sponsership, and will announce them later. |
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__________________
Stu "I think we broke something.......Traction" -Carl Edwards 19/8/06 MIS 05 - Peter Brock |
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30 Jan 2003, 13:15 (Ref:490533)
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#13 | ||
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Veteran
Join Date: Oct 2001
Posts: 3,840
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Quote:
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30 Jan 2003, 13:58 (Ref:490572)
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#14 | ||
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Veteran
Join Date: Sep 2001
Posts: 13,000
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Patrick ran Vasser out of his own pocket for most of 2001. These guys love their racing, and are willing to risk the kind of money it'd take eyars to earn from anything else. It's such a shame the financial troubles of Hogan Racing ultimately killed Carl off.
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30 Jan 2003, 14:55 (Ref:490630)
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#15 | |
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Veteran
Join Date: Oct 2001
Posts: 3,840
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In more ways than one
 Rahal's been dumping his own money into the team for a while. For the last several years Shell kept reducing their budget. |
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30 Jan 2003, 15:07 (Ref:490645)
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#16 | |
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Veteran
Join Date: Jul 2002
Posts: 576
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If Pook is helping you wonder how much the $ he is putting in. Maybe a million or so till the team can get on its feet would be fine but if CART has to spend millions on a sponsorless team that is no good. Once those cash reserves are gone the party is over.
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30 Jan 2003, 15:16 (Ref:490656)
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#17 | |
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Veteran
Join Date: Oct 2001
Posts: 3,840
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Yeah, and id rather see a third Newman-Haas car than a 2nd Coyne car.
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30 Jan 2003, 15:17 (Ref:490658)
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#18 | ||
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Veteran
Join Date: Sep 2001
Posts: 13,000
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Not if Andor are providing a significant amount of cash for their involvement. Anyway, tehre's no word as to the team being unsponsored, probably Hunter-Reay can bring something, or the team can get some Swedish companies interested.
Wealthy motor-racing fans have been putting their own money in for years, David Letterman and Paul Newman for a start. |
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30 Jan 2003, 17:11 (Ref:490798)
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#20 | ||
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Veteran
Join Date: Nov 2002
Posts: 4,744
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I can't figure out why no teams are mentioning sponsors! If I was signing the cheques, I would want as much exposure as possible. Shouldn't the contracts have been signed already? What are your ideas about this?
Possibilities I can think of: 1. Each teams is waiting for all of their sponsors to come in before they announce their sponsors. 2. CART has asked them not to announce sponsorship because substantial sponsorship has yet to be confirmed for some/many teams and races. These teams and CART would be embarrased. |
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__________________
No Rotor, No Motor. |
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30 Jan 2003, 17:26 (Ref:490815)
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#21 | |
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Veteran
Join Date: Oct 2001
Posts: 3,840
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apparently Nick Hunter-Rheay is one of the team investors *cough*
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2 Feb 2003, 00:33 (Ref:493375)
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#22 | ||
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Veteran
Join Date: Feb 1999
Posts: 12,451
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So why not? It's the money that is important, not where they get it.
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__________________
"If we won all the time, we'd be as unpopular as Ferrari, and we want to avoid that. We enjoy being a team that everybody likes." Flavio Briatore |
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2 Feb 2003, 01:12 (Ref:493391)
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#23 | |
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Veteran
Join Date: Oct 2001
Posts: 3,840
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Well it really makes Ryan Huner Rheay not much more than a ridebuyer
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2 Feb 2003, 01:25 (Ref:493395)
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#24 | ||
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Veteran
Join Date: Jul 1999
Posts: 6,038
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You get money from where you can. Whether that be family members, corporate sponsors, the RAC, whatever...what's the difference if you have the talent? And I'm confident Ryan does have the talent, he just needs the chance and some time to adapt (which he's had none at all so far).
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__________________
"I used to hate writing, but now I enjoy it. I realized that the purpose of writing is to inflate weak ideas, obscure poor reasoning, and inhibit clarity. With a little practice, writing can be an intimidating and impenetrable fog!" - Calvin and Hobbes |
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2 Feb 2003, 01:37 (Ref:493397)
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#25 | |
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Veteran
Join Date: Dec 2002
Posts: 579
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Like you wouldn't do it if you had the chance and the money.
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