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Old 8 Jul 2002, 14:39 (Ref:329448)   #1
Muzza
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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.
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Old 8 Jul 2002, 14:45 (Ref:329451)   #2
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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.
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Old 8 Jul 2002, 14:50 (Ref:329456)   #3
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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...
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Old 8 Jul 2002, 15:09 (Ref:329468)   #4
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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?
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Old 8 Jul 2002, 15:45 (Ref:329492)   #5
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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.
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Old 16 Jul 2002, 23:25 (Ref:335427)   #6
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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!!!
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Old 17 Jul 2002, 06:22 (Ref:335517)   #7
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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 $ = $$$$$
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Old 17 Jul 2002, 11:28 (Ref:335687)   #8
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I would race in CART for free!
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Old 17 Jul 2002, 16:27 (Ref:335808)   #9
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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?
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Old 17 Jul 2002, 21:31 (Ref:336037)   #10
gaines
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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.
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Old 18 Jul 2002, 00:11 (Ref:336151)   #11
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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.
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Old 18 Jul 2002, 05:11 (Ref:336225)   #12
Lee Janotta
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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.

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Old 18 Jul 2002, 10:35 (Ref:336380)   #13
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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.
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