|
||||||||||
|
||||||||||
28 Mar 2008, 01:10 (Ref:2163506) | #1 | ||
Veteran
Join Date: Feb 2005
Posts: 687
|
Opes Prime
I know Opes Prime are a major benefactor to Australian motor racing so this doesn't look good.
http://news.smh.com.au/asic-to-inves...0328-2239.html I draw no other conclusions at this stage! |
||
__________________
I'm never wrong. I thought I was once but I was mistaken... |
28 Mar 2008, 01:53 (Ref:2163520) | #2 | |||
Veteran
Join Date: Oct 2006
Posts: 535
|
Quote:
|
|||
__________________
What ya know about a 4 foot clay warrior??? |
28 Mar 2008, 02:27 (Ref:2163530) | #3 | ||
Racer
Join Date: Oct 2005
Posts: 458
|
I'd expect it to go missing from the doors of the HSVDT car for the next round.
|
||
|
28 Mar 2008, 02:32 (Ref:2163532) | #4 | ||
Veteran
Join Date: Nov 2003
Posts: 1,269
|
""The (Opes) directors appointed John Lindholm of Ferrier Hodgson as voluntary administrator when they became aware of a number of cash and stock movement irregularities in relation to a small number of accounts," Deloitte said."
Any ties to Leanne (Nee Ferrier)? |
||
__________________
"Racing.....it's in my blood." |
28 Mar 2008, 02:36 (Ref:2163535) | #5 | ||
Veteran
Join Date: Mar 2006
Posts: 1,133
|
I wonder if some comments made about the gentleman who runs Opes on another thread where he was compared to Gore would change.
|
||
__________________
It's all about speed! Hot, nasty bad-ass speed!! Velociraptor Performance Industries |
28 Mar 2008, 02:42 (Ref:2163536) | #6 | |||
Veteran
Join Date: Feb 2005
Posts: 687
|
Quote:
Although TanderSport is a recipient of Opes Primes sponsorship, as is/was HSV Dealer Team, Marcus Zukanovic and just about every F3 team. |
|||
__________________
I'm never wrong. I thought I was once but I was mistaken... |
28 Mar 2008, 02:48 (Ref:2163540) | #7 | ||
Veteran
Join Date: Nov 2003
Posts: 1,269
|
that was my worry - if it was a family member's company, it could get messy if it went into an ASIC investigation.
|
||
__________________
"Racing.....it's in my blood." |
28 Mar 2008, 02:51 (Ref:2163543) | #8 | ||
Veteran
Join Date: Dec 2006
Posts: 1,650
|
This makes the article on Opes Prime in the new Motorsport News look pretty stupid.
|
||
|
28 Mar 2008, 03:21 (Ref:2163551) | #9 | ||
Veteran
Join Date: Jul 2004
Posts: 8,782
|
hasa abit of smell like Firepower did and since after the Winton test they have gone.
if Opes Prime go from HSV then they might be in a little bit of crap especially if the reports earlier in the year of Toll only being on the cars due to the merchandise thing so Toll are putting in minimal to no $ according to a the eNews that reported about the merchandise and that the Toll logo was to disappear later n the year, so if Auto Barn don't want to cover 2 cars HSV might be in a little striff trying to find a sponser mid season. |
||
|
28 Mar 2008, 03:25 (Ref:2163553) | #10 | ||
Veteran
Join Date: Sep 2003
Posts: 4,375
|
Didn't they sponsor a Porsche?
Barton Mawer is/was it? |
||
__________________
Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car. |
28 Mar 2008, 03:31 (Ref:2163556) | #11 | ||
Veteran
Join Date: Feb 2005
Posts: 687
|
Yes, forgot about the Porsche. And the five F3 cars, the half interest in Conquest Racing and the sponsorship of Christian Jones Carrera Cup Asia campaign.
The timing of the MN article is unfortunate to say the least. |
||
__________________
I'm never wrong. I thought I was once but I was mistaken... |
28 Mar 2008, 03:34 (Ref:2163558) | #12 | ||
Veteran
Join Date: Jul 2004
Posts: 8,782
|
Conquest Racing will be thinking Walker/Gore al over again except they are further into the switch from champcar to joining the merged series.
|
||
|
28 Mar 2008, 04:39 (Ref:2163567) | #13 | |
Racer
Join Date: Jun 2005
Posts: 330
|
Bad times for motorsport, or people in it being sponsored by Opes Prime (obviously going down), WPS (in the financial pages yesterday not looking good) and despite the back-patting references elsewhere the fact is DJR has liquidated its old company owning money around the place and industry companies will get a few cents in the dollar. Who next? Is motorsport in australia propped up by people who are barely liquid? PS; read the MN story too; unlucky timing but they werent to have known and were explaining who OP are, after all they seem to be everywhere in motorsport at the moment! or should that be they WERE in motorsport
|
|
|
28 Mar 2008, 05:00 (Ref:2163572) | #14 | ||
Veteran
Join Date: Feb 2005
Posts: 1,267
|
My tip - never get a sponsorship package from a financial type company.
Stick to good ol booze or tobacco I say. Put the pressure on oil companies I say. What about maccas sponsoring a car/team? gives new meaning to fast food. |
||
__________________
I'm not saying "let's go and kill all the stupid people"... I'm just saying "let's remove all of the warning labels and let the problem sort itself out". |
28 Mar 2008, 05:26 (Ref:2163579) | #15 | |
Rookie
Join Date: Jun 2005
Posts: 65
|
Gee thats not looking good at all. So where does this leave the Kellys? I doubt the team will be sponsorless. Tom and co wouldn't that happen would they??
|
|
|
28 Mar 2008, 05:31 (Ref:2163583) | #16 | |
Racer
Join Date: Jun 2006
Posts: 210
|
HSV is not the team that will suffer most from this, they can survive without a major problem until another sponsor can be found. The ones that will suffer most from this a the smaller players who have pick up dollars from Opus, the Carrera and F3 teams.
|
|
|
28 Mar 2008, 05:38 (Ref:2163586) | #17 | |
Veteran
Join Date: Nov 2003
Posts: 509
|
I've heard HSVDT haven't received a dime yet
|
|
__________________
"It was dry for the second go-around. Grice, nervous, worrying about his Bathurst jinx, ran 2:25.9. The amazing Brock, using every last centimetre of bitumen, yet keeping the car straight and balanced and at full noise, came back with a staggering 2:20.0 as if to say: "Match that". And people just shook their heads, bit their lips and wondered who would be second". RIP Peter Brock. 1945-2006 |
28 Mar 2008, 05:57 (Ref:2163590) | #18 | |||
Veteran
Join Date: Dec 2002
Posts: 938
|
Quote:
|
|||
__________________
“Jamie, Jamie, Jamie. What you have to do is you have to say look; the fact of the matter is that I’m red hot, that Todd Kelly is a ******, I have always thought he was, and I was just mowing him down based on ability”. – Neil Crompton talking to Jamie Whincup, post Bathurst 2005. |
28 Mar 2008, 05:59 (Ref:2163592) | #19 | |
Veteran
Join Date: May 2004
Posts: 16,040
|
a brave face to show up in this thread, whats your connection XR8
|
|
|
28 Mar 2008, 06:00 (Ref:2163593) | #20 | |
Racer
Join Date: Mar 2005
Posts: 474
|
Given that OP's sponsorships were to drive brand recognition in the lead-up to a public float of the group, I'd say their investment has been wasted...unfortunately.
OP came from nowhere to hero in the blink of an eye. If it looks to good to be true, it usually is. |
|
|
28 Mar 2008, 06:04 (Ref:2163595) | #21 | ||
Veteran
Join Date: Nov 2004
Posts: 1,382
|
I hope it stuffs Kelly's year, karma.
|
||
|
28 Mar 2008, 06:08 (Ref:2163596) | #22 | |
Racer
Join Date: Jun 2006
Posts: 210
|
It is interesting to look back, 12 months ago OP wasn't even on the radar, yet by Clipsal this year it seemed like every second car, more in some series had their logos on it.
The sad thing is that some hard working teams out there who thought all their christmas' had come at once are going to end up hurting. Not to mention those who work for OP itself. |
|
|
28 Mar 2008, 07:52 (Ref:2163626) | #23 | ||
Veteran
Join Date: Apr 2003
Posts: 1,890
|
From the Ferrier Hodgson website
http://www.ferrierhodgson.com.au/new...fm?objectID=89 Were the "National" class of F3 all sponsored by OP? I don't remember seeing OP on Tander's car at Adelaide, and there is no mention of OP on the Tandersport website. please do not post full articles Last edited by marcus; 29 Mar 2008 at 02:19. |
||
__________________
Racing or sport, Hmmmm, you decide?? |
28 Mar 2008, 08:00 (Ref:2163631) | #24 | ||
Veteran
Join Date: Feb 2005
Posts: 687
|
More info here. Only a billion dollars in secured debt and a bit more in unsecured.
http://www.theaustralian.news.com.au...11-601,00.html |
||
__________________
I'm never wrong. I thought I was once but I was mistaken... |
28 Mar 2008, 09:12 (Ref:2163671) | #25 | |||
Veteran
Join Date: Dec 2002
Posts: 938
|
Quote:
It is a big shame for a lot of people to see them go though. |
|||
__________________
“Jamie, Jamie, Jamie. What you have to do is you have to say look; the fact of the matter is that I’m red hot, that Todd Kelly is a ******, I have always thought he was, and I was just mowing him down based on ability”. – Neil Crompton talking to Jamie Whincup, post Bathurst 2005. |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Where can I hire a prime lens from? | egor | Motorsport Art & Photography | 9 | 9 May 2005 16:31 |
Buying Used Prime Lenses | PaulSands | Motorsport Art & Photography | 2 | 26 Aug 2004 11:29 |
Anyone using a big prime? | G_Ilott | Motorsport Art & Photography | 15 | 22 Jun 2003 00:18 |