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6 Dec 2005, 11:22 (Ref:1478149)
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#26 | ||
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Veteran
Join Date: Sep 2001
Posts: 13,000
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Seems like $ are the only help Panther really needs. I don't know what the IRL's minimu m is, or how likely they are to reach that tally without IRL intervention, but it would be a nice touch to help one of their competitive stalwert teams (although I wonder if any team beaten by Panther as a result would see it the same way).
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6 Dec 2005, 13:05 (Ref:1478209)
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#27 | |
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Veteran
Join Date: Nov 2002
Posts: 2,983
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I agree with Tim. Don't think there's any chance Panther is going to CC. Patrick has said if he buys it, he wants to run Meira and Enge in IRL. Gary Pedigo, one of Panther's major owners, was quoted in the Indianapolis Star some time ago as saying, "I don't want anything to do with that (CC)."
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7 Dec 2005, 02:01 (Ref:1478657)
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#28 | |||
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Veteran
Join Date: Jun 2001
Posts: 8,963
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Quote:
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__________________
Upon entry into the Bathurst 1000, it should be mandatory to view the compelling "Moffat - Man and the Mountain" film |
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7 Dec 2005, 04:55 (Ref:1478690)
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#29 | ||
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Racer
Join Date: Mar 2005
Posts: 294
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Evem of they dont join Champ Car or not, The Bottom line is if Tony George does not save this team, then they will not be on the Grid for the start of the IRL season next year, because it seems to me like they have given up on finding a sponsor if the workers have been told to find a new jobs. If they want to go racing at all they may jump ship to Champ Car if it some how works to their benefit, but I think they may have just given up saving the race team all together.
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7 Dec 2005, 07:33 (Ref:1478725)
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#30 | ||
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Veteran
Join Date: Mar 2003
Posts: 4,512
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One thing is not exactly clear to me: if panther don't have the fundings to run the IRL, why should they be able to run the C-C? Is it a FOC series?
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__________________
You got to learn how to fall, before you learn to fly P.Simon |
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7 Dec 2005, 10:59 (Ref:1478817)
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#31 | ||
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Veteran
Join Date: Jun 2001
Posts: 8,963
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Very true. With no money, either series it is not going to make a difference. If I am not mistaken, CC is cheaper to run over a season however with new specs coming in 2007 a jump for 06 would prove even more costly.
Unless OWRS jump in with some $$$, however that would be equally pointless as there are already 18 cars. |
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__________________
Upon entry into the Bathurst 1000, it should be mandatory to view the compelling "Moffat - Man and the Mountain" film |
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7 Dec 2005, 12:35 (Ref:1478879)
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#32 | |||
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Veteran
Join Date: Mar 2003
Posts: 4,512
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Quote:
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__________________
You got to learn how to fall, before you learn to fly P.Simon |
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10 Dec 2005, 07:59 (Ref:1481041)
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#33 | ||
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Racer
Join Date: Mar 2005
Posts: 294
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The First of Many.
I think ether way you look at it, this is the first of many teams that will be going out of business in the IRL. It's just not profitable anymore, you may get a huge sum of money for finishing well in the 500 hundred, but thats only if you finish well, and its still not enough to keep these teams affloat. IRL may be able to restructure on the fly, but even if they do and the price to race goes down, its still going to be to late in my opinion.
 People who are in the racing business do it for a living first, and second because they love the sport. If its not getting them buy to pay their team members then its just not worth it anymore. Thats probably why the panther racing team shut its doors down and told its mechanics to find new jobs. You have to worry about your people and the families they have to take care off. People have kids, they have to pay for college, and they have bills. Not everyone was born with a silver spoon in the mouth like old Tony. |
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10 Dec 2005, 08:01 (Ref:1481043)
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#34 | ||
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Veteran
Join Date: Aug 2004
Posts: 7,263
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How many original teams are actually still left in the IRL, they are mainly ex Champ Car teams now aren't they?
I think the IRL should go back to what it was originaly like and not driving out their original teams..and try and be less like Champ Car.. |
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__________________
The thrill from west hill |
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10 Dec 2005, 12:27 (Ref:1481131)
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#35 | |
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Veteran
Join Date: Nov 2002
Posts: 2,983
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Think Dec. 10th is a little too early to write off teams like Panther and Cheever who are trying to "get 'er done" at this point. Judging what the IRL did in '96 to get a grid for Disney World and 33 at Indy to get started and what CC did to get a grid in '04, neither looked all that whippy on Dec. 10th of the previous year.
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10 Dec 2005, 14:38 (Ref:1481187)
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#36 | ||
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Veteran
Join Date: Jan 2003
Posts: 9,215
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Cheever seemed to say that he would field one car in the IRL next year....I think he used the term "full-speed ahead" for that effort....
A second car would depend on Meachachrome's support for Carpentier to run in a second car for Cheever.... |
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__________________
Finally... One American Open Wheel Series! |
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16 Dec 2005, 12:38 (Ref:1485252)
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#38 | |||
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Veteran
Join Date: Jun 2001
Posts: 8,963
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Quote:
Just seems very soon after the demise of his previous effort ? |
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__________________
Upon entry into the Bathurst 1000, it should be mandatory to view the compelling "Moffat - Man and the Mountain" film |
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16 Dec 2005, 12:58 (Ref:1485263)
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#39 | |
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Veteran
Join Date: Nov 2002
Posts: 2,983
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Patrick is a retired oil gazillionaire who had the passion for the sport to field a team starting in the late '60s, did a lot of it on his own dime and helped to found and fund CART in the first place out of that passion. Doubt if he's destitute today and as sharp as he's been in the racing business, he could well have a sponsor in his pocket. His previous effort with Al Unser Jr., lost flavor when Al Jr. retired midseason. After that, Patrick said it wasn't fun any more. Now he says it'd be fun again to do it. The passion hasn't left him forever...only briefly.
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16 Dec 2005, 14:05 (Ref:1485306)
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#40 | ||
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Veteran
Join Date: Jan 2003
Posts: 9,215
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Some notes that are of particular interest to me....
1. Wonder how much of Panther he might buy??? All??? Part??? I ask this because the article this morning seemed to indicate that Panther would be selling off equipment in January, but would run one car next season....and a visit to their website has a recent article about Enge racing in that new GP series... so Tomas Enge in a Panther car??? 2. The whole "sponsor interest" bit over the past 72 hours....is that related to the point made about the possible 1-car effort for Panther??? Or is it just a bargaining ploy to float out there in public before they sit down with Pat Patrick in Phoenix today??? This could get very interesting..... |
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__________________
Finally... One American Open Wheel Series! |
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16 Dec 2005, 14:40 (Ref:1485334)
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#41 | |
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Veteran
Join Date: Nov 2002
Posts: 2,983
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Good points and questions, Tim. As you said, could be an interesting day on this particular front. I don't think a Barnes is going to buffalo an old hand at the game like Patrick at the bargaining table. Patrick has said he'd like to have it and run two cars with Meira and Enge. Stay tuned.....
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17 Dec 2005, 17:29 (Ref:1485823)
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#42 | ||
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Veteran
Join Date: Jan 2003
Posts: 9,215
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I don't know about the rest of you, but I'm dying to know what happened in Phoenix yesterday!!!!
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__________________
Finally... One American Open Wheel Series! |
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18 Dec 2005, 11:22 (Ref:1486041)
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#43 | |
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Veteran
Join Date: Jan 2002
Posts: 5,419
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I am going to go out on a limb and say that the meeting probably was a somewhat positive one for both sides. It might not have resulted in a deal at that time, but I think both sides liked what they heard and decided to have another meeting before too long.
Why do I think this? Because I think we had gotten word one way or the other if the outcome of the meeting was a negative one. |
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19 Dec 2005, 08:17 (Ref:1486416)
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#44 | |
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Veteran
Join Date: Dec 2003
Posts: 6,885
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__________________
Wolverines! |
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19 Dec 2005, 08:25 (Ref:1486422)
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#45 | ||
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Veteran
Join Date: Jan 2003
Posts: 9,215
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Not really...
They are selling off excess equipment....that auction was known about and scheduled before the meeting last Friday... Panther said that by auctioning off excess gear they would have more than enough money to run one car for the season... |
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__________________
Finally... One American Open Wheel Series! |
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19 Dec 2005, 09:01 (Ref:1486457)
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#46 | ||
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Veteran
Join Date: Feb 2003
Posts: 3,809
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Woo, they can run one car. And for 2007 when they have no spare equipment to sell?
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__________________
Birmingham City FC. Founded 1875. League Cup Winners 2011. |
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19 Dec 2005, 15:36 (Ref:1486752)
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#47 | ||
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Veteran
Join Date: Jan 2003
Posts: 9,215
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Actually, in the Speed Tv interview, Doug Boles said that they would have the funds to run 3 cars by selling off the extra equipment, but why strap your self for cash??? They would have the $$$ to fund one if needed...
Let's see how it all comes down before Panther gets written off... |
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__________________
Finally... One American Open Wheel Series! |
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19 Dec 2005, 16:28 (Ref:1486779)
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#48 | ||
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Veteran
Join Date: Jun 2001
Posts: 8,125
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The way I understood the situation, was that they had the equipment to run three cars but only plan on running one.
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__________________
Don't make a fuss, just get on the bus! |
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19 Dec 2005, 18:54 (Ref:1486865)
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#49 | ||
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Veteran
Join Date: Sep 2001
Posts: 13,000
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I'ms ure that if a sponsored driver of some talent came along they would run 2? Any word on who the driver would be?
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19 Dec 2005, 22:52 (Ref:1487037)
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#50 | ||
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Racer
Join Date: Jun 2005
Posts: 396
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My experience over the years of listening to teams who admit to being financially on the ropes but are "hopeful" -- usually end up not racing at all the following year -- things are usually much worse than they admit too -- probably Panther has absolutely nothing as far as sponser prospects and now they're going to have to convince some sponser to put money into a series that has TV ratings which, although a bit on the rebound, are still extremely weak -- Who's the magician at panther who is going to pull that off.
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