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Old 14 Nov 2018, 18:13 (Ref:3863335)   #1276
Alfisti
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Alfisti should be qualifying in the top 5 on the gridAlfisti should be qualifying in the top 5 on the grid
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Originally Posted by Mike Harte View Post
From my reading of the accounts, that company was trading whilst insolvent - massively. And they're not signed off by an accountant, either.

No wonder they weren't paying their bills!
BMRs strike off has now been discontinued. So looking more and more likely that they could do an Arnie and be back.
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Old 14 Nov 2018, 20:20 (Ref:3863344)   #1277
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Originally Posted by redshoes View Post
Most red flags in qualifying aren't a result of a multi-car crash, generally it's because someone has dropped it in the gravel on their own.
Didn't say anything about multi-car crashes. I asked what happens if someone ends up in the gravel because someone else put them there. Doesn't mean two or more cars have crashed.
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Old 14 Nov 2018, 20:32 (Ref:3863347)   #1278
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S griffin has a real shot at the podium!S griffin has a real shot at the podium!S griffin has a real shot at the podium!S griffin has a real shot at the podium!S griffin has a real shot at the podium!
We’ll have to wait and find out won’t we?
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Old 14 Nov 2018, 20:50 (Ref:3863350)   #1279
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Originally Posted by Alfisti View Post
BMRs strike off has now been discontinued. So looking more and more likely that they could do an Arnie and be back.
Running what tho? Subaru deal has run its 3 year course, so unless they run them as privateers they’ll nedd new cars, will Subaru still lease the car(s) to them as privateers? With the main man behind pulling them (Subaru) in having already exited stage left, will they get the backing needed to continue?

Big question marks, plenty of rumours still to run for sure.
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Old 14 Nov 2018, 21:50 (Ref:3863363)   #1280
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Mike Harte should be qualifying in the top 3 on the gridMike Harte should be qualifying in the top 3 on the gridMike Harte should be qualifying in the top 3 on the grid
I must admit that I would find it puzzling why anyone would be prepared to extend a loan or enter into a lease agreement with Scott at the moment. It looks as though they only have assets of around £13,000 whilst having liabilities of some £4.5 million, some (about £1.2 million) of which is due for repayment imminently. There is no time given for how soon the rest is repayable, but I would imagine in the next year or so.

And worse for his creditors is that only a very small portion of his liabilities are secured; some £220,000.
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Old 14 Nov 2018, 22:15 (Ref:3863366)   #1281
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I must admit that I would find it puzzling why anyone would be prepared to extend a loan or enter into a lease agreement with Scott at the moment. It looks as though they only have assets of around £13,000 whilst having liabilities of some £4.5 million, some (about £1.2 million) of which is due for repayment imminently. There is no time given for how soon the rest is repayable, but I would imagine in the next year or so.

And worse for his creditors is that only a very small portion of his liabilities are secured; some £220,000.
Yeah you can see why they nearly weren’t on the grid ‘‘tis year. Makes pretty grim reading.
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Old 14 Nov 2018, 22:58 (Ref:3863371)   #1282
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medius should be qualifying in the top 10 on the gridmedius should be qualifying in the top 10 on the grid
It begs the question, if so much was done on tick, where did the money go? Speedway team, karting vanity project, Clio team? 888 Black Hole? Salaries? The farm itself?

So many questions.
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Old 14 Nov 2018, 23:29 (Ref:3863378)   #1283
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those accounts tell us nothing
the loans and creditors could be mainly between his own businesses for tax reasons.
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Old 15 Nov 2018, 08:30 (Ref:3863424)   #1284
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Alfisti should be qualifying in the top 5 on the gridAlfisti should be qualifying in the top 5 on the grid
Well the only cert is Warren didn't blow it having a fancy new do at the Barbers shop 😁
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Old 15 Nov 2018, 09:37 (Ref:3863437)   #1285
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It begs the question, if so much was done on tick, where did the money go? Speedway team, karting vanity project, Clio team? 888 Black Hole? Salaries? The farm itself?

So many questions.
Certainly none of the money went to 888 if anything it was the other way round!
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Old 15 Nov 2018, 10:05 (Ref:3863443)   #1286
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BMRs strike off has now been discontinued. So looking more and more likely that they could do an Arnie and be back.
doesn't mean its BTCC they intend to be back in!
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Old 15 Nov 2018, 11:31 (Ref:3863456)   #1287
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S griffin has a real shot at the podium!S griffin has a real shot at the podium!S griffin has a real shot at the podium!S griffin has a real shot at the podium!S griffin has a real shot at the podium!
Also seems if a driver takes another driver out of the race they get at least a 20 second penatly. We'll see if they stay consistent with that penalty
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Old 15 Nov 2018, 13:46 (Ref:3863496)   #1288
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Also seems if a driver takes another driver out of the race they get at least a 20 second penatly. We'll see if they stay consistent with that penalty
Here's a clue - No they won't.
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Old 15 Nov 2018, 16:24 (Ref:3863508)   #1289
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redshoes should be qualifying in the top 5 on the gridredshoes should be qualifying in the top 5 on the gridredshoes should be qualifying in the top 5 on the grid
Is that 20 TOCA seconds, or 20 actual seconds?
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Old 15 Nov 2018, 18:18 (Ref:3863517)   #1290
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Alfisti should be qualifying in the top 5 on the gridAlfisti should be qualifying in the top 5 on the grid
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Is that 20 TOCA seconds, or 20 actual seconds?
It's not just me then... I feel that TOCA are generally hopeless and haphazard with penalties. In fairness, so are the FIA and NASCAR and Oz Supercats to varying degrees.

Grumble grumble!
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