TWR allowed to race

Blu_butterfly17 · 21 Mar 2003, 01:15 (Ref:542668)

http://www.sportal.com.au/v8x.asp?i=news&id=36529

see attached link, or try www.v8x.com.au

not much was said other then they are allowed to race. no fines for breaching rules or anything.

Dazz · 21 Mar 2003, 01:24 (Ref:542673)

Hey they only broke the rules by ownership issues, it's not like they were running light weight bodies or anything

Crash Test · 21 Mar 2003, 01:51 (Ref:542684)

But who decides what is a small rule and big rule?

Holden holds a lot of weight in the class, and if they threatened to pull the pin, that is the end of TC's wonderful rollercoaster. Holden (and Ford for that matter) could pretty do what they want (within reason), because the rule enforcers have way too much to lose by telling them to pack their bags.

Dazz · 21 Mar 2003, 02:49 (Ref:542699)

The problem with absolute black and white rules is that they don't always cover every possible scenario.

With what has happened at Holden with the TWR collapse, it is alright for totally oned eyed Ford fns to say they broke the rules and should not be allowed to race, but do they honestly think that all of those people who make up HRT deserve to lose their jobs so that some creditor can simply sell off assets to pay money owed, especially considering that it was not the fault of anyone in Australia that it happened?

I am not a HRT fan, never have been, and I think sometimes you need to look deeper than the badge represented and look at the big picture.

You might hate HRT and everything they stand for, but if your driver wins the series without them in it, would it really feel as good?

The ownership issue would not have one positive effect on the team or it's performance on track, so in real terms they do not have an advantage there. And the rules about not having six cars in a squad is or has been sorted out so that shouldn't be an issue either anymore.

I bet when FPV start winning, all of those morons who have screamed blue murder saying that "the only reason HRT wins is becasue they have TWR giving them all of the set up info for the cars" will not be so critical of Ford for doing the same thing will they.

Fulton · 21 Mar 2003, 05:14 (Ref:542756)

First of all I hold to the belief if you run a company and run it badly, you pay the consequences and PAY up. Sure some people would have lost their jobs in Australia but then its also a good possibility that their creditors had to lay off people for TWR's mismanagement. Secondly they are in clear breach of the rules by running six cars in the category, cannot get more clear cut than that.

True Believer · 21 Mar 2003, 05:15 (Ref:542758)

TEGA doesnt view the 6 cars as a single unit

And I agree, if you cant run a business, like that UK judge suggested, I believe you should remain personally liable for the debts, not hide behind the corporate veil

racer69 · 21 Mar 2003, 06:21 (Ref:542781)

Did anyone actuall expect a different result?

Dazz · 21 Mar 2003, 06:37 (Ref:542784)

They were not HRT's or Holdens debts though!

Suddy · 21 Mar 2003, 06:39 (Ref:542785)

Is a win without the best really a win.Ingall is the only one who would like it that way. He finally might have a chance.

pete55 · 21 Mar 2003, 07:14 (Ref:542803)

This argument that those 6 drivers and cars would be out of the championship is pure B/S. As soon as the teams were put up for sale there would be buyers waiting and the drivers would probably get signed up to.
It is only TEGA's weakness and incompetance that we are in the situation we are in now. They have known this situation has been around for a while now and they have known about the 6 cars running under the Holden umbrella for even longer. Can anybody tell me why they haven't done something before 2 weeks ago.
As for time to sell the teams and Holden pleading it takes time; that is B/S too. Has anybody seen the teams advertised for sale in any mainstream media? I doubt it very much so their argument doesn't stand up that they need more time. A few years ago i sold a business in 3 days, admittedly nothing as big as this but price is nothing. There are plenty of people around with the reported $10Mil that these teams are supposedly worth and a few of those would be interested in buying a profitable business such as this.

**GTRMagic** · 21 Mar 2003, 07:42 (Ref:542819)

Who would buy the teams though? Seriously...

Amaroo Park · 21 Mar 2003, 08:26 (Ref:542844)

Quote:

Originally posted by GTRMagic
Who would buy the teams though? Seriously...

John Crennan

pete55 · 21 Mar 2003, 08:33 (Ref:542851)

Maybe Fred Gibson would be interested. Terry Morris, Kerry Packer, Mobil, Bridgestone, Peter Brock and friends, Kees Weel, Bob Jane, CH10 _- Point is there are plenty of people or companies with enough money to do it.

Amaroo Park · 21 Mar 2003, 08:40 (Ref:542856)

Quote:

Originally posted by pete55
Maybe Fred Gibson would be interested. Terry Morris, Kerry Packer, Mobil, Bridgestone, Peter Brock and friends, Kees Weel, Bob Jane, CH10 _- Point is there are plenty of people or companies with enough money to do it.

Brock and Gibson would definatly NOT have enough money to purchase these teams. Gibson still has legal action pending bought against him by Bob Forbes. Brock has a fair bit of money but I would very much doubt it would be as much as you would think

Mark Webber · 21 Mar 2003, 08:57 (Ref:542868)

well the rules aren't the rules !

pete55 · 21 Mar 2003, 09:29 (Ref:542881)

The rules is the rules and will be the rules or as i hear it legal action could be taken as there are lawyers looking very closely into it now.

The Tool Man · 21 Mar 2003, 10:48 (Ref:542980)

They'll be bought by one of their Personell Crennan or Grech etc the money might come from Holden Initially but they wont be owned by Holden.

There is NO WAY they will ever be excluded fromt he Championship. It just would not be good for the sport.

pete55 · 21 Mar 2003, 11:05 (Ref:543001)

Tool Man, You might say it would be not good for the sport but is it seen to be good for the sport. And is it seen to be fair to the other teams.

Mark Webber · 21 Mar 2003, 13:49 (Ref:543160)

Yes I agree with you pete .
I dont give a rat's ar$e weather its ford holden or any other make all teams race by the rules for the good of the sport in this case HRT/TWR have been backed into a corner had to do what they had to do and they should live with the fall out NO team is bigger than the series the show must go on with or with out HRT/TWR& co until they sort out their mess and if that means they don't race well they don't RACE.this would apply to ANY team.

pete55 · 21 Mar 2003, 14:48 (Ref:543219)

I think the public would accept the buyout dilemna (not permanently, but temporarily) if Holden hadn't blatently had 6 cars under their umbrella. This and the fact that they asked for 12 months to fix the problem.

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