Home  
Site Partners: SpotterGuides Veloce Books  
Related Sites: Your Link Here  

Go Back   TenTenths Motorsport Forum > Barn Finds > ChampCar World Series

 
 
Thread Tools Display Modes
Old 8 Jul 2002, 14:39 (Ref:329448)   #1
Muzza
Veteran
 
Muzza's Avatar
 
Join Date: Mar 2002
Brazil
Newbury Park, CA, United States
Posts: 1,754
Muzza should be qualifying in the top 10 on the grid
Is Roger Penske buying CART shares? (Elkhart Lake grapevine)

As we have debated some weeks ago, a mysterious investor based in the Cayman Islands is buying a significant amount of CART shares (CART is a company listed in the New York Stock Exchange market, under MPH).

Gossips heard in the Elkhart Lake ALMS paddock indicate that Roger Penske may be this yet-unnamed investor. Note that Penske, who has sold several of his major investments on the course of the last three years (including the much reported participation on ISC) has catapulted his wealth to a sky-high platoon.

Funds would not be a problem, but the extent of his commitment to IRL - what, based on Penske's comments, has been dubious at best, even if the team is dominating the series as much as one can dominate a spec category - is the x of the equation.

And remember that Penske publicly said that CART "would pay dearly for slapping my face" when his team moved to the IRL.

Last edited by Muzza; 8 Jul 2002 at 14:40.
Muzza is offline  
__________________
Visit The Motorsport Memorial
Old 8 Jul 2002, 14:45 (Ref:329451)   #2
macdaddy
Veteran
 
macdaddy's Avatar
 
Join Date: Jun 2001
Canada
St.Catharines Ontario
Posts: 8,125
macdaddy has a real shot at the podium!macdaddy has a real shot at the podium!macdaddy has a real shot at the podium!macdaddy has a real shot at the podium!
I suppose anything's possible. Unlikely perhaps, but possible. Marlboro's days as a sponsor are limited, and after they are gone, Penske will be free to do whatever he chooses.
macdaddy is offline  
__________________
Don't make a fuss, just get on the bus!
Old 8 Jul 2002, 14:50 (Ref:329456)   #3
Jay
Veteran
 
Jay's Avatar
 
Join Date: Jul 1999
United Nations
Canada
Posts: 6,038
Jay should be qualifying in the top 10 on the grid
oh dear.... Did someone say insider trading? So, maybe he intentionally devalued the stock, buys it up when it's low and, and then as it begins to climb again...
Jay is offline  
__________________
"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
Old 8 Jul 2002, 15:09 (Ref:329468)   #4
paulzinho
Veteran
 
Join Date: Aug 2001
Brazil
Larkfield, Kent, UK
Posts: 5,035
paulzinho should be qualifying in the top 5 on the gridpaulzinho should be qualifying in the top 5 on the grid
Hmmmm....

Would this explain why his drivers have resigned for him?
paulzinho is offline  
__________________
le bad boy
Old 8 Jul 2002, 15:45 (Ref:329492)   #5
BootsOntheSide
Veteran
 
Join Date: Sep 2001
England
Eastbourne, England
Posts: 13,000
BootsOntheSide should be qualifying in the top 3 on the gridBootsOntheSide should be qualifying in the top 3 on the gridBootsOntheSide should be qualifying in the top 3 on the gridBootsOntheSide should be qualifying in the top 3 on the grid
Thesze days Roger Penske seems to be about as popular as Tom Walkinshaw, but I'm sure he has committed to the same 2 car team (De Ferran and Castroneves) in IRL next year, although I guess contracts mean very little these days.
BootsOntheSide is offline  
Old 16 Jul 2002, 23:25 (Ref:335427)   #6
cartfan101
Rookie
 
Join Date: Jul 2002
Location:
chicago
Posts: 4
cartfan101 should be qualifying in the top 10 on the grid
how can two of the best race care drivers around in open wheel racing be happy in a series like I.R.L. All they do is turn left!!!!!!! there is know show of talent in a series like that! They must be so frustrated and i wouldn't be suprised at all to see them both back in cart very soon! Nothing like climming that wall at kansas!!!
cartfan101 is offline  
Old 17 Jul 2002, 06:22 (Ref:335517)   #7
macdaddy
Veteran
 
macdaddy's Avatar
 
Join Date: Jun 2001
Canada
St.Catharines Ontario
Posts: 8,125
macdaddy has a real shot at the podium!macdaddy has a real shot at the podium!macdaddy has a real shot at the podium!macdaddy has a real shot at the podium!
$ + $ x $ = $$$$$
macdaddy is offline  
__________________
Don't make a fuss, just get on the bus!
Old 17 Jul 2002, 11:28 (Ref:335687)   #8
StuiE
Veteran
 
StuiE's Avatar
 
Join Date: Jan 2002
Location:
Perth, WA
Posts: 2,405
StuiE should be qualifying in the top 10 on the grid
I would race in CART for free!
StuiE is offline  
__________________
Stu

"I think we broke something.......Traction" -Carl Edwards 19/8/06 MIS

05 - Peter Brock
Old 17 Jul 2002, 16:27 (Ref:335808)   #9
Liz
Veteran
 
Join Date: Feb 1999
Location:
Toronto, Ontario, Canada
Posts: 12,451
Liz should be qualifying in the top 10 on the gridLiz should be qualifying in the top 10 on the grid
Who is Roger Penske?
Liz is offline  
__________________
"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
Old 17 Jul 2002, 21:31 (Ref:336037)   #10
gaines
Racer
 
Join Date: Jun 2002
Location:
Columbus, OH
Posts: 153
gaines should be qualifying in the top 10 on the grid
I think that's The Marlboro Man's real name. You know, that cowboy guy that smokes too much. I think his horse's left front leg is crooked because it only turns left.
gaines is offline  
__________________
"If you wait, all that happens is that you get older." - Mario Andretti
Old 18 Jul 2002, 00:11 (Ref:336151)   #11
Liz
Veteran
 
Join Date: Feb 1999
Location:
Toronto, Ontario, Canada
Posts: 12,451
Liz should be qualifying in the top 10 on the gridLiz should be qualifying in the top 10 on the grid
Oh yeah. That guy.
Liz is offline  
__________________
"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
Old 18 Jul 2002, 05:11 (Ref:336225)   #12
Lee Janotta
Veteran
 
Join Date: Feb 2002
Location:
Cleveland, Ohio, USA
Posts: 4,936
Lee Janotta should be qualifying in the top 10 on the grid
He's Mr. "I don't make drivers. I hire them."

Tie Roger, Bernie, Tony Goerge, Max Mosley, and Mike Helton to a boat anchor, and give them all the heave.

Last edited by Lee Janotta; 18 Jul 2002 at 05:12.
Lee Janotta is offline  
__________________
"Put a ****ing wheel on there! Let me go out again!"
-Gilles Villeneuve, Zandvoort, 1979
Old 18 Jul 2002, 10:35 (Ref:336380)   #13
Liz
Veteran
 
Join Date: Feb 1999
Location:
Toronto, Ontario, Canada
Posts: 12,451
Liz should be qualifying in the top 10 on the gridLiz should be qualifying in the top 10 on the grid
You'd be charged with water pollution.
Liz is offline  
__________________
"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
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Race at Elkhart Lake Kicking-back ChampCar World Series 72 13 Aug 2004 10:28
Postcards from Elkhart Lake Muzza ChampCar World Series 32 24 Aug 2002 20:48
Friday in Elkhart Lake Muzza ChampCar World Series 15 22 Aug 2002 00:10
Saturday in Elkhart Lake Muzza ChampCar World Series 8 18 Aug 2002 18:29
MK to outsource parts from Penske (Elkhart Lake grapevine) Muzza IRL Indycar Series 5 9 Jul 2002 14:40


All times are GMT. The time now is 11:00.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Original Website Copyright © 1998-2003 Craig Antil. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2004-2021 Royalridge Computing. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2021-2022 Grant MacDonald. All Rights Reserved.