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11 Feb 2019, 10:02 (Ref:3883155) | #3526 | |
Veteran
Join Date: Jan 2012
Posts: 710
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Smiley confirmed. As much as it’s not a huge surprise it’s nice to see him staying with the team. Hopefully he can get some more decent results this year.
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11 Feb 2019, 10:02 (Ref:3883156) | #3527 | |
Veteran
Join Date: Jun 2018
Posts: 3,208
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As expected, Smiley back with BTC.
Great to see, he really impressed me last year. |
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11 Feb 2019, 10:04 (Ref:3883158) | #3528 | |
Veteran
Join Date: Apr 2010
Posts: 1,269
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I hope the West Coast rumours are true. A quality team with an excellent STCC heritage.
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11 Feb 2019, 10:06 (Ref:3883159) | #3529 | ||
Veteran
Join Date: Dec 2009
Posts: 3,235
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Quote:
In your example the business would have changed owner but assets owned by the business wouldn’t. |
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11 Feb 2019, 10:11 (Ref:3883163) | #3530 | ||
Veteran
Join Date: Jul 2002
Posts: 504
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Quote:
And I for one wish SSSTPSKXAMPMRAF every success. |
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11 Feb 2019, 10:19 (Ref:3883165) | #3531 | |
Veteran
Join Date: Feb 1999
Posts: 8,873
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11 Feb 2019, 10:20 (Ref:3883166) | #3532 | |||
Subscriber
Veteran
Join Date: Apr 2007
Posts: 12,267
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Quote:
It has it's own legal entity - any contract is with the PLTDC, not the owners. The TBL's are owned under contract between the PLTDC and TOCA. If an individual who owns one, or all of the shares in a PLTDC, the contracts between that company and any other legal entity still exist. If Warren Scott sells one, or all of his shares, BMR Racing Limited still own the TBL's so no change of ownership has happened. I ask the question - how many shares in a company have to change hands before it is considered to be a new company? If Matt Neal decided to give his sons shares in TD - would that mean the TBL's have changed owner? |
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__________________
"When you’re just too socially awkward for real life, Ten-Tenths welcomes you with open arms. Everyone has me figured out, which makes it super easy for me." |
11 Feb 2019, 10:22 (Ref:3883167) | #3533 | ||
Veteran
Join Date: Feb 2006
Posts: 1,831
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Quote:
the business and assets are owned by the one person who is the sole shareholder. when he sells his shares in the business then the business and assets has a new owner. what part of that dont you understand? |
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11 Feb 2019, 10:23 (Ref:3883169) | #3534 | ||
Veteran
Join Date: Jan 2003
Posts: 4,376
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It's Sam Tordoffs tbl all over again.
Still, good news about Smiley. |
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11 Feb 2019, 10:24 (Ref:3883170) | #3535 | |
Veteran
Join Date: Feb 2006
Posts: 1,831
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11 Feb 2019, 10:25 (Ref:3883171) | #3536 | |
Veteran
Join Date: Feb 2006
Posts: 1,831
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11 Feb 2019, 10:28 (Ref:3883173) | #3537 | |
Veteran
Join Date: Jan 2018
Posts: 1,161
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11 Feb 2019, 10:33 (Ref:3883175) | #3538 | |
Veteran
Join Date: Feb 2006
Posts: 1,831
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11 Feb 2019, 10:35 (Ref:3883176) | #3539 | ||
Racer
Join Date: Mar 2018
Posts: 158
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Quote:
And the old or new Civic rumour debate can start all over again, alongside Tordoff, BMR wars |
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11 Feb 2019, 10:40 (Ref:3883179) | #3540 | ||
Veteran
Join Date: Dec 2001
Posts: 2,223
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Quote:
There may be 'change of control' clauses or similar that trigger certain actions (e.g. if the ultimate controlling owner changes, then a party is entitled to terminate its contract with that business) but I have no idea that that were to apply for a TBL. |
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11 Feb 2019, 10:46 (Ref:3883182) | #3541 | ||
Subscriber
Veteran
Join Date: Apr 2007
Posts: 12,267
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Because requirement for registering an entry into the BTCC Championship includes holding a TBL. And they only accept entries from companies, not individuals.
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__________________
"When you’re just too socially awkward for real life, Ten-Tenths welcomes you with open arms. Everyone has me figured out, which makes it super easy for me." |
11 Feb 2019, 10:48 (Ref:3883184) | #3542 | |
Veteran
Join Date: Jan 2012
Posts: 710
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Dudman Group had their name on the car last year, maybe they’ll be a title sponsor for this season?
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11 Feb 2019, 11:10 (Ref:3883188) | #3543 | |
Veteran
Join Date: Feb 2006
Posts: 1,831
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11 Feb 2019, 11:33 (Ref:3883197) | #3544 | |
Veteran
Join Date: Jan 2018
Posts: 1,161
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11 Feb 2019, 11:46 (Ref:3883199) | #3545 | |||
Subscriber
Veteran
Join Date: Apr 2007
Posts: 12,267
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Quote:
Aiden Moffat Racing = AIDEN MOFFAT RACING LTD - Company number SC462772 AmD/Cobra Exhausts = AMD TECHNIK (ESSEX) LIMITED - Company number 02582954 AmD/Trade Price Cars = TRADE PRICE CARS LIMITED - Company number 09902889 BTC Racing = BTC RACING LIMITED - Company number 05594782 Ciceley Motorsport = CICELEY LIMITED - Company number 00365714 Excelr8 Motorsport = EXCELR8 BTCC LIMITED - Company number 11679903 Motorbase Performance = MOTORBASE VEHICLE SERVICES LTD - Company number 08276404 Power Maxed Racing = POWER MAXED RACING LTD - Company number 09312754 Simpson Racing = SIMPSON RACING LIMITED - Company number 09848018 Speedworks Motorsport = SPEEDWORKS MOTORSPORT LIMITED - Company number 04936126 Team Parker Racing = TEAM PARKER RACING LIMITED - Company number 03496434 Team BMR = BMR RACING LIMITED - Company number 09356881 Team Dynamics = TEAM DYNAMICS MOTORSPORT LIMITED - Company number 07193279 Team HARD = TONY GILHAM RACING LIMITED - Company number 07939909 West Surrey Racing = WEST SURREY RACING LIMITED - Company number 02620798 |
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__________________
"When you’re just too socially awkward for real life, Ten-Tenths welcomes you with open arms. Everyone has me figured out, which makes it super easy for me." |
11 Feb 2019, 11:50 (Ref:3883200) | #3546 | ||
Veteran
Join Date: Oct 2011
Posts: 5,442
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It never ceases to amuse me that there are some people on Ten Tenths that seem to have the ability to be able to start an argument in an empty room!
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11 Feb 2019, 11:51 (Ref:3883201) | #3547 | ||
Veteran
Join Date: Dec 2009
Posts: 3,235
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Quote:
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11 Feb 2019, 11:55 (Ref:3883205) | #3548 | ||
Veteran
Join Date: Apr 2007
Posts: 1,808
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11 Feb 2019, 11:55 (Ref:3883206) | #3549 | |
Veteran
Join Date: Feb 1999
Posts: 8,873
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11 Feb 2019, 11:57 (Ref:3883208) | #3550 | |
Racer
Join Date: Jan 2019
Posts: 294
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I have a feeling TPC's driver announcement on Wednesday may trump anything else announced this week!
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