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7 Jan 2005, 08:58 (Ref:1195032) | #1 | ||
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Team Dynamik.....2005.....What a challenge!
Several people have pointed out to me the 2005 challenge that Team Dynamik face. If the FIA throws out their appeal, what are the likely consequences?
If the two cars have to start a lap down in each race at Adelaide, then it would seem hard for them to be able to finish inside the Top 32 - the prerequisite for away races. This means that they will only have a marginal chance of appearing in NZ for Round 2 - Kieron and Simon's "home" race. Of course, if that happens, then it follows logic that they will miss Round 3 at Barbagallo as it is another Top 32 car round. They will make it to Round 4 at Eastern Creek, but unless an absolute miracle happens, then Round 5 at Shanghai and Round 6 at Hidden Valley are unlikely to see the Dynamik cars front up either as they are both Top 32 car rounds. By the time the championship moves to Round 7 at QLD Raceway, Dynamik will most likely have only contested 2 championship rounds out of 6. Summising that all this occurs as above, that means that 2005 for Team Dynamik will only contest 9 rounds of the 13 available championship rounds. This has further ramifications, because they can drop their worst round, which won't change anything really as it will be a DNS round that goes. This could get really nasty, as it wouldn't take much bad luck nor mathematical aptitude to suddenly realise that this team faces the very real fear of finishing 2005 with a pair of Level One franchises outside of the Top 30 - or in the "danger zone". Apart from the potential of having a sponsor family that misses out completely on 4 rounds of exposure, the team must surely be left in a vulnerable position with respect to franchises and requirements set out for Level One franchise ownership. Now if the FIA overturn the rulings dished out in Australia, then there is no real issue at all, and part of the above may not happen at all. But if they uphold the localised penalties, do the FIA have the power to impose further penalties on Team Dynamik? Right now, all this seems somewhat unknown. Have Team Dynamik bought the sport into disrepute sufficiently enough to have to forfeit their franchises to TEGA? With the recent purchase of a Level Two and the resulting field reduction to 34 cars, do TEGA see this pair of Level Ones as an easy way to seal the grid at a static 32 cars - the same 32 cars turning up at every round. All this is very interesting, and you have to wonder for how long the whole "appeal of penalties issued" saga could drag out for. At some point, someone has the potential to flex their muscles - will it be the FIA and if so what will the ramifications be in Australia? If it isn't the FIA, could it be TEGA, and again, the same question of potential outcomes could be asked. For all the alleged wrongdoings - and it is still alleged whilst under appeal - that currently surround Team Dynamik, you have to take your hat off to Kieron for the amount of investment that he has made in putting Team Dynamik together. It is no easy task, but now everything seems to be swinging like a pendulum on a Grandfather Clock. Will this spell the end or will it be the start of an uprising from Adelaide? At some point, we will all know the answers. But how long is a piece of string and in how many ways can it be tied? Last edited by Just Do It!; 7 Jan 2005 at 09:04. |
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Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car. |
7 Jan 2005, 09:04 (Ref:1195035) | #2 | ||
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My question is whether the penalties become voided when a new owner arrives to secure the franchise licence slots, team and paraphernalia....
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Go woke, Go broke… #CANCERSUCKS #GOCHIKO Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! |
7 Jan 2005, 09:05 (Ref:1195039) | #3 | ||
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7 Jan 2005, 09:06 (Ref:1195040) | #4 | ||
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If the FIA appeal fails, you could then expect it to go to the courts.
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7 Jan 2005, 09:06 (Ref:1195042) | #5 | ||
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GTR, that is an outcome that I hadn't even considered to be honest.
Would that work? It's too late over here to start searching for a rule book to read. Of course, a new owner has to get approval from TEGA as surely buying the legal entity that is Team Dynamik would be too risky. |
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Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car. |
7 Jan 2005, 09:11 (Ref:1195044) | #6 | ||
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Maybe you should ask the much rumoured new ownership group then? They may be the ones taking the risk....
Presumably if the alleged new ownership group settles their case with the TEGAtitans and agrees to write a cheque for the fine, for all to go away, and the inane "start behind the field by a lap" ruling... then all may end up as intended... ... would you see any irony in CAMS levying these enormous fines on the teams, only for the Kelvinmonster to have his corporate bank book fluffed up by the same amount, less CAMS' not inconsiderable costs of course |
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Go woke, Go broke… #CANCERSUCKS #GOCHIKO Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! |
7 Jan 2005, 09:15 (Ref:1195053) | #7 | ||
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New ownership group? That is a new one? Mr Ramsay and Co?
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Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car. |
7 Jan 2005, 09:17 (Ref:1195054) | #8 | ||
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Its still very much a rumour... not from the powder room any more...
Wednesday next week should reveal all perhaps |
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Go woke, Go broke… #CANCERSUCKS #GOCHIKO Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! |
7 Jan 2005, 09:22 (Ref:1195060) | #9 | ||
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7 Jan 2005, 09:28 (Ref:1195066) | #10 | ||
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Oh....silly me! How could I forget Snappy Tom?
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Tranquillity - What happens inside Shane's race car. Chaos - What happens outside Jamie's race car. |
7 Jan 2005, 09:41 (Ref:1195072) | #11 | ||
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I wonder who has a bigger bank account? - Holden or the other side (TEGA/CAMS/FIA, etc)!
And can play, "Mines bigger than yours..." - ad infinitum! Mike |
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Mike McInerney |
7 Jan 2005, 10:26 (Ref:1195112) | #12 | ||
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I will go out on a limb here and predict that the FIA will annul any 'local' ruling. Nice that there could be a plan B, although.
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Pushrods - the future of engine technology |
8 Jan 2005, 09:33 (Ref:1195761) | #13 | ||
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If Uncle Tom is involved, then there is a queue forming at the Dynamik door.
Be at your newsagent's at opening time on Wednesday. |
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8 Jan 2005, 10:47 (Ref:1195784) | #14 | |||
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I understand the field for the Clipsal is 35 (correct me if I'm wrong), so assuming there will be some level of both retirements and cars losing laps due to carnage/mechanical failure throughout the field, then I think they can get enough points to make the cut. My thoughts anyway. |
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8 Jan 2005, 10:47 (Ref:1195785) | #15 | |||
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Last edited by cavvy; 8 Jan 2005 at 10:48. |
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more torque than a climate change conference |
8 Jan 2005, 10:50 (Ref:1195786) | #16 | |||
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It isnt a lock by any means... |
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Go woke, Go broke… #CANCERSUCKS #GOCHIKO Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! |
8 Jan 2005, 10:54 (Ref:1195788) | #17 | ||
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Agreed....difficult from where they'll start, but not impossible
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8 Jan 2005, 10:57 (Ref:1195790) | #18 | ||
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It actually begs a question about this top 32 car arrangement....
Suppose Mr Wills is able to achieve a position in the top 32 drivers, and Mr Davison does not. Does Dynamik then have to lug its team round the globe for a single entry? Or does being a L1 team preclude them from the top 32 chopping block. I can't imagine the Kelvinmonster doing these guys any favours... |
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Go woke, Go broke… #CANCERSUCKS #GOCHIKO Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! |
8 Jan 2005, 11:08 (Ref:1195794) | #19 | |
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This issue is not related to Dynamic in any way - it is a disaster waiting to happen for any team. This has been the case previously and it looked like the leasons had been learnt
If TEGA did end up letting Larry have the WPS L2 then the manouvering could get interesting as they had their chance and let it slip. If history serves us well nothing will surprise. Don't forget, T8 were last in 2004. Would TEGA sit by and let Lowdnes have an extended break if that occured again.... Last edited by lookleft; 8 Jan 2005 at 11:13. |
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8 Jan 2005, 11:11 (Ref:1195796) | #20 | |||
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This is where tge TEGAtitans get their thrills... from making people squirm... why they cant play with a straight bat is beyond me... |
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Go woke, Go broke… #CANCERSUCKS #GOCHIKO Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! |
8 Jan 2005, 11:16 (Ref:1195798) | #21 | |
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Problem is they (TEGA) always end up looking like the ones squirming
I guess no one outside of "our" little world cares - that is the saving grace for them. Imagine if they were a company that actually traded something - no one would buy a widget from them..... no matter what the price. |
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8 Jan 2005, 11:45 (Ref:1195809) | #22 | ||
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There is a rumour on another site that Team Dynamic is in voluntary liquidation. Don't know how much truth is in it though.
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8 Jan 2005, 13:24 (Ref:1195844) | #23 | ||
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Voluntary administration, it said. Not liquidation. Big difference. If it's a VA, they COULD possibly enter into a DOCA ('Deed of Company Arrangement'), wipe the slate almost clean and trade on. If it's liquidation, it's sell the remaining assets to realise some cash to help pay the creditors, and say good night.
Either way, if it's true, I'm surprised that Mr Dave didn't hear of it in the powder room. |
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8 Jan 2005, 13:30 (Ref:1195846) | #24 | ||
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Yes, it was voluntary administration. Sorry about that.
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8 Jan 2005, 20:51 (Ref:1196067) | #25 | ||
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Except that if a signatory to a TEGA Teams Agreement becomes technically insolvent, which a voluntary administration virtually admits to (i.e. not being able to pay debts as and when they fall due...) then the franchise is automatically forfeited to TEGA...
... unless you can sell it to a friendly party in the meantime ala HRT/TWR/Holden There is no mention on the company records of the Team Dynamik entity any such thing taking place.... so it is likely untrue... and up to TD whether they pursue the makers of such scurrilous rumours! |
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Go woke, Go broke… #CANCERSUCKS #GOCHIKO Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! |
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