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Old 27 Oct 2018, 03:35 (Ref:3859386)   #16
E.B
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E.B should be qualifying in the top 3 on the gridE.B should be qualifying in the top 3 on the gridE.B should be qualifying in the top 3 on the grid
I think he is setting up more a line of succession. He knows he cant go on forever, so get someone in and mould them.
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Old 28 Oct 2018, 01:23 (Ref:3859527)   #17
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There seems to be some housekeeping going on at 888RE, the sale of the #888 ZB to MSR/JRR, the imminent sale of the Sandman panel van, plus noise that the ‘06 Lowndes/Whincup Bathurst winning Falcon may have been sold.. suggests redundant assets are no longer welcome..
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Old 28 Oct 2018, 01:16 (Ref:3859533)   #18
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Mixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the grid
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There seems to be some housekeeping going on at 888RE, the sale of the #888 ZB to MSR/JRR, the imminent sale of the Sandman panel van, plus noise that the ‘06 Lowndes/Whincup Bathurst winning Falcon may have been sold.. suggests redundant assets are no longer welcome..
Common sense says relying on a renewal of the Holden factory deal may not be smart business. if Roland Dane is anything, he's a smart business man.
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Old 28 Oct 2018, 02:05 (Ref:3859536)   #19
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Umai Naa should be qualifying in the top 10 on the gridUmai Naa should be qualifying in the top 10 on the grid
Beyond 2019 contracts seems to be the big unknown.

Everything is up in the air for them. All three drivers, Holden, Redbull...

Depending how you view the capacity of a beverage conveyance, is it a bail-out? A clean slate? A takeover?

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Old 28 Oct 2018, 04:14 (Ref:3859544)   #20
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Its been standard practice at 888RE for the last 15 years to time driver contracts alongside sponsor contracts.
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Old 28 Oct 2018, 12:43 (Ref:3859581)   #21
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Sandgroper should be qualifying in the top 10 on the grid
I think this is a positive for both Jamie (who has been highly critisized in the past by many) Great to see him commit to the team and the sport.
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Old 30 Oct 2018, 01:45 (Ref:3859863)   #22
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Denosaur should be qualifying in the top 10 on the gridDenosaur should be qualifying in the top 10 on the grid
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This may, or may not, have something to do with Trinette not being mentioned as a shareholder...

https://www.insolvencynotices.com.au...525d55a1627f6d
Looks like a potential fire sale to me.... Depending on how she held the shares, it could sort after by creditors and thus placing a share of T8 into the hands of unknown parties. And when things like that happen, it gets messy.

So the question now is, did he buy at a "market value" or "fire sale". Either way good on him for reinvesting his hard earned into the sport and so on. I'm sure he'll get something back on the dollar invested.
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Old 30 Oct 2018, 02:25 (Ref:3859872)   #23
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Axeman444 should be qualifying in the top 10 on the gridAxeman444 should be qualifying in the top 10 on the grid
So did he in effect buy Trinny's out shareholding?
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Old 30 Oct 2018, 04:49 (Ref:3859876)   #24
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Mixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the grid
I bet Dane has a clause for if any shareholder becomes insolvent.

Trigger clauses like that are standard.
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Old 30 Oct 2018, 08:24 (Ref:3859891)   #25
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Forda should be qualifying in the top 10 on the grid
Would there be any ROI on, or even any annual dividends expected from a Supercar team?

Are they there to make a profit, or simply to ensure costs match, or at least don't exceed, revenue.
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Old 30 Oct 2018, 08:55 (Ref:3859898)   #26
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Umai Naa should be qualifying in the top 10 on the gridUmai Naa should be qualifying in the top 10 on the grid
Depends how it's geared.

Triple Eight are one of the lucky ones that has a strong customer base.
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Old 30 Oct 2018, 10:04 (Ref:3859904)   #27
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Given Schipkie was declared bankrupt in Jan 2016, just months after buying a share of 888RE, no, Whincup did not buy her share.
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Old 30 Oct 2018, 17:36 (Ref:3859990)   #28
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Triple Eight are one of the lucky ones that has a strong customer base.
Luck has got nothing to do with it.
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Old 31 Oct 2018, 20:14 (Ref:3860205)   #29
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Denosaur should be qualifying in the top 10 on the gridDenosaur should be qualifying in the top 10 on the grid
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Given Schipkie was declared bankrupt in Jan 2016, just months after buying a share of 888RE, no, Whincup did not buy her share.
Maybe Dumbrell bought those then. But if there's been a heap of creditors chasing payment this asset could have been locked down since then.

Either way, probably only 12 people know the exact story...
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Old 1 Nov 2018, 07:53 (Ref:3860259)   #30
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According to AA this week... the shareholding now appears to be:

27% R.Dane (thru his Park Lane company)
25% J. Dane
15% P. Dumbrell
15% J. Whincup
10% A. Jackson
8% T. Miles........ for 100%...

...and R. Dane has a control clause, regardless of his shareholding.. apparently..
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