|
| Site Partners: | SpotterGuides | Veloce Books |
| Related Sites: | Your Link Here |
|
|
|||||||||
|
||||||||||
|
|
|||||||||
|
||||||||||
|
|
10 Dec 2002, 21:04 (Ref:447234)
|
#1 | ||
|
Veteran
Join Date: Sep 1998
Posts: 2,762
 |
Where's the cash?
Apparently some of the crew of the new Andretti IRL effort are coming back home looking for work as Tony George has not been forthcoming with the promised US$10 million he promised for Andretti to flesh out his 3 car team. Rumor has it some of the crew have approached Forsythe about working with Paul Tracy.
How much longer can TG afford to subsidize the IRL with his Brickyard 500 earnings? How much longer till NASCAR starts using the Formula 1 business model and taking 90% of the pie for themselves? |
||
|
__________________
Never forget #99 |
|
10 Dec 2002, 21:10 (Ref:447243)
|
#2 | ||
|
Veteran
Join Date: Nov 2002
Posts: 4,744
|
Team Andretti failing is great news.
 Did we ever figure out why Barry Green got out of his team? |
||
|
|
__________________
No Rotor, No Motor. |
|
10 Dec 2002, 21:16 (Ref:447253)
|
#3 | |
|
Veteran
Join Date: Nov 2002
Posts: 2,983
|
KC, TG spending $10m to prop up one team seems totally out of the question to me and it's out of the blue -- meaning I've never heard it before.
The rumor about Andretti-Green being unfunded has been reported untrue by a team news release when they signed Wheldon. I suspect that disgruntled ex-employees have this one going. |
|
|
|
|
|
10 Dec 2002, 21:28 (Ref:447263)
|
#4 | ||
|
Veteran
Join Date: Sep 1998
Posts: 2,762
|
Michael Andretti said that Honda and Tony George were offering stakes in his team on ESPN. Honda has paid Andretti $10 million and rumor has it George's stake was a matching amount. George needs the Andretti name for his series and Andretti has longed to win the 500 for all of his racing life.
Now all of this could be rumors, but many times smoke means fire. |
||
|
|
__________________
Never forget #99 |
|
10 Dec 2002, 22:04 (Ref:447284)
|
#5 | ||
|
Racer
Join Date: Sep 2002
Posts: 341
|
Shouldn't this be in the IRL forum?
|
||
|
|
__________________
Cleveland (Lakewood), Ohio |
|
10 Dec 2002, 22:11 (Ref:447287)
|
#6 | |
|
Veteran
Join Date: Nov 2002
Posts: 2,983
|
Brian, I 'spect it should and I suggest it be moved, also. I have NEVER heard that Andretti said Honda and Tony George have stakes in his team, on ESPN or anywhere else. I've heard him DENY that Honda has a stake in his team, which maybe they don't and maybe his team is a contract supplier to run Honda engines for beaucoup bucks and the deal is structured that way.
|
|
|
|
|
|
10 Dec 2002, 22:19 (Ref:447291)
|
#7 | ||
|
Veteran
Join Date: Aug 1999
Posts: 9,208
|
I suppose it is the sad reality of open wheel racing in North America that both sides have to subsidise their teams...
|
||
|
|
__________________
Love you long time |
|
10 Dec 2002, 22:27 (Ref:447298)
|
#8 | ||
|
Racer
Join Date: Sep 2002
Posts: 341
|
Well then. Perhaps it's time to unite the forums then, because the same teams are gonna be running in both pretty soon.
The more things change, the more things stay the same. |
||
|
|
__________________
Cleveland (Lakewood), Ohio |
|
10 Dec 2002, 23:03 (Ref:447319)
|
#9 | |||
|
Veteran
Join Date: Jul 2001
Posts: 7,294
|
Quote:
You weren't here when they last were. 
|
|||
|
|
__________________
Sunderland Til I Die! |
|
10 Dec 2002, 23:13 (Ref:447331)
|
#10 | ||
|
Racer
Join Date: Sep 2002
Posts: 341
|
I believe I was being tounge in cheek
But believe me, I've been on many forums that the split happened. Started way back when....while a memeber of the CompuServe Racing Forum....with good ol'Web Collings...amongst others.... I doubt this place was much different.... Last edited by Brian W Keske; 10 Dec 2002 at 23:13. |
||
|
|
__________________
Cleveland (Lakewood), Ohio |
|
11 Dec 2002, 08:23 (Ref:447474)
|
#11 | ||
|
Veteran
Join Date: May 2001
Posts: 979
|
I can't see the point in gloating over Andretti's funding trouble's. I just find myself not caring too much.
|
||
|
|
|
|
11 Dec 2002, 09:03 (Ref:447487)
|
#12 | ||
|
Veteran
Join Date: Jul 2001
Posts: 7,294
|
That's it. Let them worry about their own financial difficulties. We'll concentrate on our own problems.
|
||
|
|
__________________
Sunderland Til I Die! |
|
11 Dec 2002, 21:16 (Ref:447873)
|
#13 | ||
|
Racer
Join Date: Jun 2002
Posts: 186
|
It's still funny though.
|
||
|
|
|
|
11 Dec 2002, 21:27 (Ref:447881)
|
#14 | ||
|
Veteran
Join Date: Jun 2001
Posts: 8,125
|
Halarious is more the word.
|
||
|
|
__________________
Don't make a fuss, just get on the bus! |
|
11 Dec 2002, 21:28 (Ref:447883)
|
#15 | ||
|
Veteran
Join Date: Jun 2001
Posts: 8,125
|
Mario: "I hate to say I told you so... But please leave before the neighbours see you."
Last edited by macdaddy; 11 Dec 2002 at 21:29. |
||
|
|
__________________
Don't make a fuss, just get on the bus! |
|
11 Dec 2002, 21:33 (Ref:447885)
|
#16 | ||
|
Veteran
Join Date: Aug 1999
Posts: 9,208
|
Get back onto something constructive, or I'll get the padlock out...
|
||
|
|
__________________
Love you long time |
|
11 Dec 2002, 21:41 (Ref:447894)
|
#17 | ||
|
Veteran
Join Date: Jun 2001
Posts: 8,125
|
Sorry, Crash. Couldn't resist.
|
||
|
|
__________________
Don't make a fuss, just get on the bus! |
|
12 Dec 2002, 04:34 (Ref:448028)
|
#18 | |
|
Veteran
Join Date: Oct 2001
Posts: 3,840
|
Its kinda ironic to laugh at the misfortune of one IRL team when the financial state of the entire CART series is about as strong.
|
|
|
|
|
|
12 Dec 2002, 06:14 (Ref:448043)
|
#19 | ||
|
Veteran
Join Date: Aug 1999
Posts: 9,208
|
Exactly Russfeld
I wish I were Michael Andretti, well possibly not, but I'd love that blank cheque Honda has given him! Now where were we? Trying to get somewhere back to something relevent, is there much movement between team members in CART/IRL? It seems that many of the teams are based in Indianapolis, so switching teams for many of the spanners and other gophers wouldn't be a massive logistical task. I know here in Australia, there is an awful lot of movement between team members of the local teams. Last edited by Crash Test; 12 Dec 2002 at 06:15. |
||
|
|
__________________
Love you long time |
|
12 Dec 2002, 10:47 (Ref:448178)
|
#20 | |
|
Veteran
Join Date: Nov 2002
Posts: 2,983
|
Crashtest, there is always a lot of movement at this time of year among teams, as seasonal layoffs occur immediately after the end of a CART or IRL season. Those laid off are scouting all the shops in Indy for next year's gig. Like anyone seeking any job, sometimes they can do what they want to do, sometimes they take jobs to make sure they have one. There are very few guys who are "long-timers" with one team except the higher-ups, i.e., team managers, crew chiefs, etc.
This is the arena in which rumors start about funding, or lack of it, and rumors start about who's paying for what. The reality is that teams dialed down for a month or so and are starting to gear up again now with new cars coming in, testing, etc. Any crewman leaving a team or laid off can say, "they don't have the money to pay me." When the IRL was formed, it opened the doors for many new mechanics and team members to find jobs with more teams out there. In this particular economic time of scaling down, that isn't the case. |
|
|
|
|
|
12 Dec 2002, 12:48 (Ref:448248)
|
#21 | ||
|
Veteran
Join Date: Sep 2001
Posts: 13,000
|
The rumours as to the security of Michael's funding have been around a while. The idea of selling Kanaan straight back to Mo Nunn presumably had no truth to it, but a lot more has been going round.
If their whole pitcrew is not being paid, we will know it at the first IRL race when they only have 2 or less cars in action. Pointless to speculate, gloat or fantasise until then. |
||
|
|
|
|
12 Dec 2002, 13:08 (Ref:448273)
|
#22 | ||
|
Veteran
Join Date: Jul 2002
Posts: 1,559
|
Pointless to speculate, gloat or fantasise until then.
-------------------------------------------------------------------------------- That is what the off-season is all about.
|
||
|
|
|
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Sponsors Cash in at Indy | TedN | ChampCar World Series | 3 | 6 Jul 2005 18:41 |
| Minardi Strapt for Cash??? | Dan Fielden | Formula One | 37 | 11 Jun 2004 17:57 |
| TKR Cash Injection?? | Just Do It! | Australasian Touring Cars. | 9 | 21 Jan 2004 10:45 |
| BAR desperate for cash? | Super Tourer | Formula One | 9 | 18 Mar 2001 22:55 |
Linear Mode
