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18 Apr 2018, 12:22 (Ref:3816344) | #26 | ||
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18 Apr 2018, 12:38 (Ref:3816349) | #27 | ||
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18 Apr 2018, 22:22 (Ref:3816431) | #28 | ||
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Quote:
add to that the the yanks love their cars racing ie more 300k to a race day. then you can see the payback of getting a depressed asset going again in the states will give a much greater return. The issue here is that a racing series with one marque will not have any following. But again...the public arent the people purchasing....it will be business people and business people are looking for a return on their investment |
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19 Apr 2018, 12:43 (Ref:3816494) | #29 | |
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19 Apr 2018, 15:18 (Ref:3816518) | #30 | |
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19 Apr 2018, 21:43 (Ref:3816565) | #31 | |
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17 Jul 2019, 23:21 (Ref:3918251) | #32 | |
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Any truth to the current talk being spread by a certain podcast that Morris, Dane and two Malaysian investors are poised to purchase Archer's share of Supercars?
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17 Jul 2019, 23:39 (Ref:3918257) | #33 | |||
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Archer at the end of the day is in the business of buying and selling, so it will come one day. |
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18 Jul 2019, 00:48 (Ref:3918266) | #34 | ||
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Interesting times if Roland buys the keys to the series. |
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18 Jul 2019, 05:38 (Ref:3918277) | #35 | |
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Manufacturers cannot own teams, but a team owner can part-own the series?
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18 Jul 2019, 06:14 (Ref:3918280) | #36 | ||
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18 Jul 2019, 06:28 (Ref:3918283) | #37 | ||
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You forgot The Captain.
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18 Jul 2019, 08:04 (Ref:3918300) | #38 | |
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18 Jul 2019, 20:08 (Ref:3918394) | #39 | |
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18 Jul 2019, 21:53 (Ref:3918405) | #40 | ||
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Hmmm - debatable and like everything in life, the teams being shareholders in the business has its pros and cons.
Far too late to consider putting it back in the bag now, been the case for over 20 years and I can't see any of the teams being prepared to step back out of having at least some part in the business and a (voting) seat at the table. |
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19 Jul 2019, 04:48 (Ref:3918418) | #41 | ||
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Except it has been in place since Level 1 and Level 2 Franchise Licence Agreements since the mid 1990's... the opening up to outside equity from Archer fragmented the equity position of each newly minted Racing Entitlements Contract holder just a little more.
Made sense then, still makes sense now. Skin in the game... |
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19 Jul 2019, 08:01 (Ref:3918432) | #42 | |
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Why should Mr Dane and his cohorts be elegible for the (65%) controlling stake though?
No conflict of interest issue there at all? |
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19 Jul 2019, 08:09 (Ref:3918434) | #43 | |
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AusGT has been owned by competitors several times.
Australian Super Touring Championship was. Australian Production Car Series is. Aussie Racing Cars... It's nothing new. |
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19 Jul 2019, 08:16 (Ref:3918435) | #44 | |
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So all okay if say Mr Penske, for argument's sake, bought the majority ownership of the premier series?
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19 Jul 2019, 08:37 (Ref:3918438) | #45 | |
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Why would there be an issue with that?
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19 Jul 2019, 09:51 (Ref:3918444) | #46 | ||
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19 Jul 2019, 10:49 (Ref:3918453) | #47 | |||
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If Mr Penske buys the control of the series, then he did what others did not, with the same opportunity in front of them. Same as if Mr Dane takes an increased equity position. Or if the REC holders kick in about $10m per REC and maintain their ownership position equally on a per REC basis with every other REC holder.... |
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19 Jul 2019, 11:01 (Ref:3918459) | #48 | ||
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The real question is what rules, steward decisions, scrutineering standards, etc will result when Mr Dane takes control. It may turn out that flogging off half the team equity, the state-of-the-art transporter, and the multiple-race-winning chassis to achieve this control position; will be worthwhile. Time will tell. |
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19 Jul 2019, 11:33 (Ref:3918462) | #49 | ||
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Why should Mr Dane and his cohorts be given the opportunity to own the entire series? This needs to be questioned, regardless of whether one is part of the exclusive 'ten tenths VW club' or not. |
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19 Jul 2019, 21:46 (Ref:3918541) | #50 | |||||
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Quote:
Quote:
There were strong rumours that Ms Klimenko was going to buy out Archer a few years ago, no wailing and gnashing of teeth then, why should the reaction to Mr Dane or for that matter Mr Penske or anyone else be any different? Quote:
Why shouldn't Mr Dane be given the opportunity to own a larger PART of the series (which is what MIGHT happen if they were to buy out Archer - the teams as a group still have ownership of part of the series). Have no idea what the "10/10 VW club" is - maybe it's something that appears when posting at night *ahem* "under the influence"? Nothing wrong with any competitor (or group of current / former competitors) buying out Archer. Clearly if the people involved have invested a large amount of money, they'd then want to see that investment yield a return and grow - a quality series with a high level of desirability for fans and sponsors is key to that and playing favourites within the competition (which is what you seem to be suggesting, although you don't actually come out and say it) would degrade the attractiveness of the series, thus hurting their investment - makes zero sense to do that. |
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“We’re far from having too much horsepower…[m]y definition of too much horsepower is when all four wheels are spinning in every gear.” ― Mark Donohue |
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