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Old 9 Dec 2005, 12:21 (Ref:1480388)   #1
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Penske Racing

As part of Penske's consolidation efforts ie moving Penske Racing to North Carolina to be alongside the Porsche program and Nascar, thereby putting (almost) everything under one roof, is Penske Cars in Poole going to go the same way and be moved to the US?
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Old 9 Dec 2005, 21:07 (Ref:1480805)   #2
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Oh!

I posted that at lunch time after reading about Cindric's promotion and moving Penske Racing to North Carolina...

Got a call this evening from someone with inside knowledge and sure enough it looks like Penske Cars is closing... Can anyone confirm this?

Whether some people will get the chance to go to the states or not who knows...?
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Old 9 Dec 2005, 21:47 (Ref:1480838)   #3
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What have they been doing in Poole lately? There hasn't been a Penske-branded chassis in years.

Off-topic, but Penske Racing South has disbanded the #77 team.
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Old 11 Dec 2005, 04:43 (Ref:1481487)   #4
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Quote:
Tim Cindric (On closing Poole):

No decision has been taken yet but it is under consideration. It has become harder and harder for the facility to sustain itself with only a limited degree of IndyCar development possible."
Story here.
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Old 11 Dec 2005, 08:05 (Ref:1481507)   #5
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Why close it, surely it would have some value to the Panoz/GForce/VanDiemen concern ???
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Old 11 Dec 2005, 17:36 (Ref:1481745)   #6
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???

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Originally Posted by GTRMagic
Why close it, surely it would have some value to the Panoz/GForce/VanDiemen concern ???
Why would it be of any interest to them, they had a UK base a few years ago in Sussex, put it into administration, laid off most of the staff and moved the remains to Kimbolton, then finally closed that and moved everything to the US...
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Old 11 Dec 2005, 17:48 (Ref:1481753)   #7
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Originally Posted by GTRMagic
Why close it, surely it would have some value to the Panoz/GForce/VanDiemen concern ???
They could run the Porsche in Europe...
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Old 27 Jan 2006, 00:45 (Ref:1509807)   #8
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Bumping an old thread...

There's a rumour that Red Bull is going to buy it.
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Old 27 Jan 2006, 01:55 (Ref:1509838)   #9
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Old 27 Jan 2006, 05:22 (Ref:1509890)   #10
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Am surprised yet not surprised by the rumor. Marcus we should ask them money for this forum!
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Old 3 Feb 2006, 10:57 (Ref:1514704)   #11
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GTR I do not think there is enough commercial concern in the Panoz/GForce/VanDiemen concern ??? you mentioned
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Old 19 Feb 2006, 20:03 (Ref:1526420)   #12
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Theirs alot of rumos with Penske returning to F1 so maybe they will hang on to it if thats the case.
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