Walkinshaw Performance in court

[Amaroo Park]

Doesnt Walkinshaw own 50% of Skaife Sports due to HRT not being able to pay Walkinshaw for engines etc a year or two ago?

[mmciau]

Originally Posted by GreaseMonkey99

...



Regardless the Series needs to get the costs down, and quickly or all stakeholders will suffer.

I beg to differ!! Being a cynical b"""""""""D, I say to you that the only thought the controlling group has behind 'getting the costs down' is so that the shareholders can skim greater dividends off for themselves.
!!!!


Mike

[alfacors]

I remember many years ago that customer's of Larry Perkins weren't allowed to open their customer engines either, and they had to be sent back to Larry for any freshen ups etc. They also had to cover the engine when in the pits with the bonnet up etc etc....... it's nothing new wanting to protect IP.

[TWRv12]

WP are probably right, but VESA are wrong to force this issue into civil court. It's sporting issue that should have been sorted by the relevant sporting body.

[mmciau]

Originally Posted by TWRv12

WP are probably right, but VESA are wrong to force this issue into civil court. It's sporting issue that should have been sorted by the relevant sporting body.

I think it's a much bigger issue than that!

TWR has a great deal of IP. If segments of that IP must 'be in the name of socialised membership of a series" be disclosed, then the boundaries of IP are compromised. Uncontrolled third parties have access to your IP.

And there are currently so many electronic and hardware controls on the series now, and the specifications of the materials used in revolving and reciprocating parts are also controlled. I reckon VESA are just overstepping its attempted contol of the series

It getting down to weight and temperature of the fuel and the slipperiness of the car polish as an advantage..

There is just too much "carry on" being hidden behind 'controlling sports bodies' and these bodies will try every litigious method known to society defend itself from scrutiny and disclosure.

Bringing it into the courts enables an agrieved party to expose the attacks on its corporate IP.

Mike

[Tourer]

VESA didn't "force it into a civil court" - WP did.

The rights, wrongs etc will be sorted out in the court when both parties actually make submissions etc, which hasn't happened yet according to the releases on it.

Personally, I'm not sure how much of a change to the regs this actually is. The teams have been operating under an engine component transparency structure for a couple of years now (brought in by TEGA as it then was).

[GTRMagic]

Except this was part of the 2008 Teams Agreement, and given that Skaife Sports P/L are allegedly signed up to that agreement, any of this courtroom rubbish is against the grain of the sport's underlying basis of operation.

[cavvy]

Originally Posted by GTRMagic

Except this was part of the 2008 Teams Agreement, and given that Skaife Sports P/L are allegedly signed up to that agreement, any of this courtroom rubbish is against the grain of the sport's underlying basis of operation.

Why go down that path GTR - is Skaife Sports P/L a party to the court action?

If not, lets just see what transpires?

Still like to know if VESA is asking only Walkinshaw for this access - if so ...

[peckstar]

i doubt that WP has any IP here,

If a supplier wont play by the rules then they should be kicked out of the series, the supplier has no interest in motorsport they neither own a team, employ drivers, race cars , build tracks or promote motorsport, they merely provide services to the highest bidders.

time to ban them from supplying services

[TWRv12]

Wonder what the out of court settlement is?

[davester]

This type of issue just makes you like NASCAR more and more. They don't like cheats, they don't take bull****, they dish out huge fines, they make team owners and crew chiefs accountable, and they impound and seize cars AT ANY TIME until they are satisfied the issue has been dealt with.

[deeks6]

Gee, Walkinshoddy in court ... who would have guessed?

[sizzle]

Todays ENews has a slightly different slant to all the slander on this thread. The teams asked for clarification from V8SA but they chose to not reply. Even FPR have the same arrangements as WP, they just don't enlarge on whether or not they have the same concerns.

[GTRMagic]

But is the WP legal entity a signatory to the 2008 car licence agreement?

If not.. it is plausible that VESA has no legal grounds to force WP to comply with any technical inspection beyond mandated scrutineering.

Did VESA replace Mr Turnor when he escaped to DJR?

[peckstar]

maybe you should read the enews article GTR before you comment even more.

[fomoco]

Originally Posted by GTRMagic

But is the WP legal entity a signatory to the 2008 car licence agreement?

If not.. it is plausible that VESA has no legal grounds to force WP to comply with any technical inspection beyond mandated scrutineering.

Did VESA replace Mr Turnor when he escaped to DJR?

Um, the teams had concerns. Walkinshoddy took it to court, not the other way around. I believe in protecting Interlectual Property, but if you run to court to stop something, as a supplier then, there is doubt cast that all is not well.

Maybe we should go back to stripping the engine and measuring it after a round win or a random selecting from both makes.

This should clear the air for all concerned. Remeber Moffs roller rockers?

[deeks6]

Originally Posted by fomoco

This should clear the air for all concerned. Remeber Moffs roller rockers?

The very "special" automatic fire extinguisher in the engine bay of the Stang was far better ...

[bluesport]

Originally Posted by deeks6

The very "special" automatic fire extinguisher in the engine bay of the Stang was far better ...

deeks, I haven't heard that one before, please share it with us.

[cavvy]

[QUOTE=fomoco]
I believe in protecting Interlectual Property, but if you run to court to stop something, as a supplier then, there is doubt cast that all is not well.
QUOTE]

What are you trying to say - do you believe in protecting intellectual property or not?

Try yes or no !!!

[RotorFan]

Originally Posted by mmciau

the only thought the controlling group has behind 'getting the costs down' is so that the shareholders can skim greater dividends off for themselves.

Absolutely. This is the reason they want to go to a common chassis. They have the audience, they know/think people will still watch and buy their crap, now its time to reduce spending and increase profit.

Its amazing what misguided slander goes around when something involves Walkinshaw.

[Just Do It!]

Originally Posted by RotorFan

Absolutely. This is the reason they want to go to a common chassis. They have the audience, they know/think people will still watch and buy their crap, now its time to reduce spending and increase profit.

Its amazing what misguided slander goes around when something involves Walkinshaw.

Please tell me how half the Supercar teams in pit lane make a profit?

Please hurry up as I am holding my breath....

[emjaya]

Originally Posted by Just Do It!

Please tell me how half the Supercar teams in pit lane make a profit?

Please hurry up as I am holding my breath....

No-one said anything about the "teams" making a profit, the phrase used was "the shareholders".

[Tourer]

Originally Posted by emjaya

No-one said anything about the "teams" making a profit, the phrase used was "the shareholders".

The teams are the majority shareholders - something like 75% I think. Clearly any shareholder payments go largely to the teams as a result. Whether or not they make a profit depends entirely on their operating costs, same as for SEL. Clearly, if their operating costs can be reduced via controlled components etc then they stand a chance to make a profit or at least break even.

Running a professional motor racing team in any series in any country is not an easy task and all series (even F1) are currently putting a lot of effort into trying to keep costs "sensible".

[Just Do It!]

Thanks Tourer. People seem to lose sight of the ownership interest.

The question was posed on the basis that if the bottom half of the field are struggling in terms of budget, but people seem to think that the current proposed changes are to increase profits, rather than enhance sustainability.

[xr8]

I dont know how they make a PROFIT! But I do know how they make a small fortune!






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