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28 Jan 2004, 21:39 (Ref:854305)
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#76 | ||
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Veteran
Join Date: Aug 2003
Posts: 995
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The Mexico city Promoter is up saying the same stuff, money loss, harmful to the economy. It looks as if all the track promoters that are in the courtroom will probably take a turn at the stand.
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"You will never know the feeling of a driver when winning a race. The helmet hides feelings that cannot be understood." - Ayrton Senna |
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28 Jan 2004, 21:41 (Ref:854310)
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#77 | ||
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Veteran
Join Date: Sep 2002
Posts: 3,909
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wats the speed web address...for the forum?????
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28 Jan 2004, 21:44 (Ref:854316)
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#78 | |
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Veteran
Join Date: Nov 2002
Posts: 2,983
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It's www.champweb.net.
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28 Jan 2004, 21:48 (Ref:854318)
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#79 | ||
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Veteran
Join Date: Sep 2002
Posts: 3,909
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thx
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28 Jan 2004, 21:49 (Ref:854319)
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#80 | ||
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Veteran
Join Date: Feb 1999
Posts: 12,451
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Don't the race promoters have to keep accounts that could be reviewed? And wouldn't they have figured all this money stuff out to show sponsors anyway? In the case of Toronto I know the figures were used when a local union tried to throw their usual strike threat into the middle of the race, when they counterthreatened to send in strikebreakers from the USA if anything was done, because the extra money would be worth it to the city to put on the race -- and also during the garbage strike last year. They don't pull those figures out of the air.
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"If we won all the time, we'd be as unpopular as Ferrari, and we want to avoid that. We enjoy being a team that everybody likes." Flavio Briatore |
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28 Jan 2004, 21:49 (Ref:854320)
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#81 | ||
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Veteran
Join Date: Dec 2003
Posts: 1,748
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Another update, from SPEED:
Updates: TG lawyers have at the creditors, try to rip them to shreads saying there is no way they are making the kind of money they say they are but all the creditors hold their own . Doesn't look like the judge is buying into their ****. CW admin says there will be a funny story up on the website shortly too. |
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__________________
"I have a tendency to let my mind wander a bit during some of the yellow flag conditions; I look around, check out people in the stands, things like that" Darren Law - Lizard Extrordinaire and he's gonna be GT Leader and Brumos Porsche driver! |
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28 Jan 2004, 21:53 (Ref:854323)
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#82 | ||
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Veteran
Join Date: Aug 2003
Posts: 995
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Apparently their is a rumour going round the courtroom that Dingman is to sue OWRS for interference,because KK bough Patrick racing and gave it to Fittipaldi. I don't understand this at all, because they were business partners, why would Dingman be upset?
Also, things are looking good for OWRS, because the IRL can do little discredit the figures being presented by the promoters. The biggest thing IRL has against them is the $63m debt from CART Delaware, that the IRL would possibly owe if they purchases CART's assets. CART Delaware of course has said, if OWRS wins the bid, they will relieve OWRS of having to pay that debt. However if this debt isn't on the list of creditors sent to the court, than the IRL might be able to get around this. Sounds to me like this $63m debt, was OWRS's ace in the hole. Maybe that is why they were so confident, and what allowed them to not by out CART, but rather let it declare bankruptcy and then buy it for cheaper. With a $63m debt, that would be passed on to the IRL, it seems to be making it VERY difficult for Judge Otte to make a decision in the IRL's favour. Last edited by jjspierx; 28 Jan 2004 at 21:55. |
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__________________
"You will never know the feeling of a driver when winning a race. The helmet hides feelings that cannot be understood." - Ayrton Senna |
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28 Jan 2004, 22:05 (Ref:854339)
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#83 | |
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Veteran
Join Date: Nov 2002
Posts: 2,983
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Ch@mpweb just reported OWRS has been granted the bid.
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28 Jan 2004, 22:05 (Ref:854340)
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#84 | ||
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Veteran
Join Date: Aug 2003
Posts: 995
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It's over, OWRS was awarded ALL assets!!!!!
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__________________
"You will never know the feeling of a driver when winning a race. The helmet hides feelings that cannot be understood." - Ayrton Senna |
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28 Jan 2004, 22:08 (Ref:854345)
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#85 | ||
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Veteran
Join Date: Jun 2002
Posts: 739
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So when is the first race and what is the schedule now? (new thread for that?)
Last edited by Phoenix1; 28 Jan 2004 at 22:08. |
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28 Jan 2004, 22:11 (Ref:854348)
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#86 | ||
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Veteran
Join Date: Aug 2003
Posts: 995
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I imagine Long Beach will be the first race, as expected earlier. Also RA and Laguna Seca have both withdrawn their objections with transferring their contracts from CART to OWRS.
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__________________
"You will never know the feeling of a driver when winning a race. The helmet hides feelings that cannot be understood." - Ayrton Senna |
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28 Jan 2004, 22:11 (Ref:854349)
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#87 | ||
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Rookie
Join Date: Mar 2003
Posts: 84
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GGRRRRRRRRREEEEEEAAAAAATTTTTTTT!!!!!!!!
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28 Jan 2004, 22:12 (Ref:854352)
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#88 | ||
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Racer
Join Date: Dec 2003
Posts: 245
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wooohooo!
Last edited by SurfaceUnits; 28 Jan 2004 at 22:14. |
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__________________
"Humans are the craziest people." - Buggs Bunny |
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28 Jan 2004, 22:12 (Ref:854353)
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#89 | ||
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Racer
Join Date: Dec 2003
Posts: 245
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wooohooo! The judge said that if TiG was granted the sale that follow on lawsuits would never end.
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__________________
"Humans are the craziest people." - Buggs Bunny |
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28 Jan 2004, 22:16 (Ref:854358)
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#90 | ||
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Veteran
Join Date: Aug 2003
Posts: 995
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Now the next question is, how much did OWRS bid?
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__________________
"You will never know the feeling of a driver when winning a race. The helmet hides feelings that cannot be understood." - Ayrton Senna |
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28 Jan 2004, 22:18 (Ref:854360)
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#91 | ||
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Veteran
Join Date: Sep 2002
Posts: 3,909
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YESSSSSSS!
Last edited by Down F0rce; 28 Jan 2004 at 22:34. |
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28 Jan 2004, 22:20 (Ref:854363)
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#92 | ||
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Racer
Join Date: Dec 2003
Posts: 245
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www.wibc.com is interviewing Tony George in ten minutes
Last edited by Down F0rce; 28 Jan 2004 at 22:33. |
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__________________
"Humans are the craziest people." - Buggs Bunny |
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28 Jan 2004, 22:21 (Ref:854364)
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#93 | ||
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Rookie
Join Date: Mar 2003
Posts: 84
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Just for the record... 2650 views to this thread @5:20PM Eastern
I counted up to 28 users logged on at a given time. I guess we have a record!! |
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28 Jan 2004, 22:24 (Ref:854370)
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#94 | ||
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Veteran
Join Date: Sep 2002
Posts: 3,909
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check out the other forums...speed had 108 and motorsport had about 50 or so....shows ppl still care
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28 Jan 2004, 22:28 (Ref:854377)
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#95 | |||
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Veteran
Join Date: Dec 2003
Posts: 1,748
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Quote:
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__________________
"I have a tendency to let my mind wander a bit during some of the yellow flag conditions; I look around, check out people in the stands, things like that" Darren Law - Lizard Extrordinaire and he's gonna be GT Leader and Brumos Porsche driver! |
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28 Jan 2004, 22:45 (Ref:854408)
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#96 | ||
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Racer
Join Date: Dec 2003
Posts: 245
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Apparently the LOOSER decided not to talk, but here is a link to a recording I made of the local report from the courthouse
http://www.indyBooks.net/DATA/NewsReport.wav |
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__________________
"Humans are the craziest people." - Buggs Bunny |
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28 Jan 2004, 23:11 (Ref:854437)
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#97 | ||
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Veteran
Join Date: Sep 2002
Posts: 3,909
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hehe thought he wouldnt...this is the first time hes lost isnt it???
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28 Jan 2004, 23:11 (Ref:854438)
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#98 | ||
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Veteran
Join Date: Dec 2003
Posts: 1,748
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__________________
"I have a tendency to let my mind wander a bit during some of the yellow flag conditions; I look around, check out people in the stands, things like that" Darren Law - Lizard Extrordinaire and he's gonna be GT Leader and Brumos Porsche driver! |
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28 Jan 2004, 23:56 (Ref:854461)
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#99 | |
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Racer
Join Date: Dec 2003
Posts: 167
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*does monty burns impersonation*
as a champ car fan, i am quite lost for words this morning, didnt sleep very well last night, and was very nervous when i connected to the internet this morning, but thankfully all has turned out well, and the series can get back to what it does best - bloody great racing |
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29 Jan 2004, 00:13 (Ref:854470)
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#100 | ||
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Veteran
Join Date: Sep 2002
Posts: 3,909
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Let's get out of court, get cars on the track and go racing...couldnt have said it better myself!
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