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Old 20 Apr 2006, 21:50 (Ref:1590254)   #1
tiko
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Paul Morris L1 Licence For Sale?

Thats right, the recently acquired ex-Dynamik L1 licence currently owned and run by Morris under car #67 is officially up for sale!

Reports suggest the asking price starts at a mere 2 million for the single licence!!
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Old 20 Apr 2006, 23:05 (Ref:1590320)   #2
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TSR has a lot of promise if they can keep it on the circuit!
If this is true, is a franchise really worth 2 million.Considering what is cost to run a v8supertaxi team.
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Old 21 Apr 2006, 00:10 (Ref:1590339)   #3
Chubby1
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That is very surprising, after how long it took Morris to a L1. Why would he sell it so soon? I doubt anybody would want to pay that much for it anyway.
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Old 21 Apr 2006, 00:16 (Ref:1590345)   #4
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Wouldnt it be cheaper to just buy one of the spares that TEGA have sitting around spare at the moment ?

If the grid is undersubscribed now, it would suggest to me there is no demand for the 32nd license, let alone the PMM L1...... Unless of course somebody is trying to get a 2 car team on the grid and needs one spare TEGA franchise plus the the PMM L1
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Old 21 Apr 2006, 00:32 (Ref:1590353)   #5
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Quote:
Originally Posted by Skippy1976
Wouldnt it be cheaper to just buy one of the spares that TEGA have sitting around spare at the moment ?

what if TEGA won't sell the one they have, that would make any available one up for sale worth more.
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Old 21 Apr 2006, 00:34 (Ref:1590354)   #6
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Didn't Larko's L1 license allow him to run 2 cars. So why buy PMM's?
Or is this the first step to 28 cars.
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Old 21 Apr 2006, 00:54 (Ref:1590359)   #7
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Or is this the first step to 28 cars.

You could be onto something here BlueMax, please just do not tell Aussie Bernie
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Old 21 Apr 2006, 01:06 (Ref:1590361)   #8
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retro should be qualifying in the top 10 on the gridretro should be qualifying in the top 10 on the grid

Quote:
Originally Posted by BlueMax
Didn't Larko's L1 license allow him to run 2 cars. So why buy PMM's?
Or is this the first step to 28 cars.
Yeah but if it is the first step to 28 cars then VESA has to buy it.
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Old 21 Apr 2006, 01:10 (Ref:1590365)   #9
Seton Fanatic
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Could a PMM seat, namely Morris' here be evaporating, and Paul taking a nice, early retirement? Only speculation. of course.
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Old 21 Apr 2006, 01:15 (Ref:1590368)   #10
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I think the whole series is in for an early retirement if all the instabilibty continues.
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Old 21 Apr 2006, 01:38 (Ref:1590381)   #11
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It was rumoured at the time that LP sold his L1 to Gore for $3mil, so therefore $2mil is a 30% discount!!!

I find interesting that PM had been complaining for years that he 'only' had a L2 & fought quite hard to get one. Now he has an L2 & an L1... Well half of one anyway.... Speaking of which, does anybody know when it was allowed to split an L1 license?

I thought the original idea for Level 1 & 2's was that L1 teams were 2 car & L2 were single car outfits (eg. PMM, Lansvale, Romano etc)?
Damn, I think I just raised more confusing questions than answers!!
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Old 21 Apr 2006, 01:52 (Ref:1590392)   #12
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suprise suprise... maybe the word i was hearing at BIMF from a few poeple about PMM getting out of the taxi game was correct.
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Old 21 Apr 2006, 03:47 (Ref:1590439)   #13
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Quote:
Originally Posted by Sultan
It was rumoured at the time that LP sold his L1 to Gore for $3mil, so therefore $2mil is a 30% discount!!!
I think you will find that was $3mil for a pair of L1's, so $1.5mil each.
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Old 21 Apr 2006, 06:31 (Ref:1590500)   #14
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he may well be Drifting off to another series
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Old 21 Apr 2006, 06:39 (Ref:1590508)   #15
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retro should be qualifying in the top 10 on the gridretro should be qualifying in the top 10 on the grid
*Chrysler Toyota* calling Mr Morris have you got a license for sale.
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Old 21 Apr 2006, 08:23 (Ref:1590559)   #16
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i heard maybe a big name in australian motorsport that has nine bathursts could be buying it to have his son and another man known for his brilliance at bathurst and NZ.
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Old 21 Apr 2006, 08:35 (Ref:1590564)   #17
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but it isnt really his son is it? when you break up with someone that has a son who isnt yours, still wouldnt even mean your there step dad would it?
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Old 21 Apr 2006, 08:46 (Ref:1590576)   #18
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Shouldnt matter, the surname is all the race skill that is needed!!
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Old 21 Apr 2006, 08:52 (Ref:1590587)   #19
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that could explain the sale of the house
but if you say is right and its for Brock Brock and Murph
it is only one slot
but then again stranger things have happened
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Old 21 Apr 2006, 08:56 (Ref:1590591)   #20
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I don't think this person would be using his own money to buy this franchise somehow.
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Old 21 Apr 2006, 09:30 (Ref:1590628)   #21
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Originally Posted by The Hrt Kid
but it isnt really his son is it? when you break up with someone that has a son who isnt yours, still wouldnt even mean your there step dad would it?
Also when you consider that the partnership in the spares shop he and said son were involved in last year was dissolved not long after he and Bev split.
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Old 21 Apr 2006, 09:33 (Ref:1590633)   #22
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Can anyone tell me why Paul Morris would sell his L1 when the team has so much invested in equipment and personal enabling them to build complete cars and also do updates on existing cars. I would have thought that the cars run by the team would be an advertisement for their capabilities.
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Old 21 Apr 2006, 10:42 (Ref:1590712)   #23
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Just Do It! should be qualifying in the top 5 on the gridJust Do It! should be qualifying in the top 5 on the gridJust Do It! should be qualifying in the top 5 on the grid
Maybe he is looking to do some acquiring??
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Old 21 Apr 2006, 10:53 (Ref:1590726)   #24
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Just Do It! should be qualifying in the top 5 on the gridJust Do It! should be qualifying in the top 5 on the gridJust Do It! should be qualifying in the top 5 on the grid
Quote:
Originally Posted by pwr fan
i heard maybe a big name in australian motorsport that has nine bathursts could be buying it to have his son and another man known for his brilliance at bathurst and NZ.
Why would he do that? The Kiwi I mean.....unless Tasman is falling to bits?
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Old 21 Apr 2006, 11:04 (Ref:1590735)   #25
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Bizzarre............



This is the bloke that took AVESACO to court for a level one licence, and now they're selling the one they've only just aquired?

Passion for the sport is admirable, Greed is appaling

I'm finding it hard to get wound up for this season, and this sort of two faced ruthlesness, (if it's true!) explains why......
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