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15 Aug 2001, 17:40 (Ref:130850)
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#1 | ||
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Racer
Join Date: Oct 2000
Posts: 460
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Larry Perkins Broke?!?!
There has been a number of astounding rumours floating around that LP is going broke? Or some even say that he is!!!
The word is a number of his top team officials have walked out due to lack of payment. Does anyone else know more about this? I have it on strong authority, as it comes from former employees of one LP!!! |
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15 Aug 2001, 22:08 (Ref:131006)
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#2 | ||
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Veteran
Join Date: Aug 1999
Posts: 9,208
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Personally I find it hard to believe....but then again,couldn't he pay them out in tractor parts?
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16 Aug 2001, 00:05 (Ref:131022)
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#3 | ||
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Veteran
Join Date: Mar 2001
Posts: 2,221
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Being broke and having cash flow problems can be two different things... and it would be unwise to assume or state publicly like this that either situation exists.
Like Crash, I find it hard to swallow, but better businesses have gone bust in the past, it's possible he budgeted for income that hasn't been forthcoming (prizemoney?)... let's just pull our horns in on this, eh? Rumours in a cash flow situation have led sound companies to face bankruptcy unnecissarily. |
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16 Aug 2001, 06:49 (Ref:131118)
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#4 | ||
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Racer
Join Date: Oct 2000
Posts: 460
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Ray,
You are correct. It is not fair to state publicly about others misfortunes. I would not like it if similar things were written about myself. Please disregard the above comments, and I will find more positive stories to bring forward in the future. |
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16 Aug 2001, 10:55 (Ref:131192)
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#5 | ||
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Rookie
Join Date: Jul 2001
Posts: 29
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I do not know WHO your "FORMER EMPLOYEE'S" are but they are not very loyal.
This is far from the case! Sure funds might be a bit short at the moment but can u name one race team in v8's that hasn't been through some sort of fiancial hardship in the past. Plus the long distance races are 1 week away and everyone know's that thats when the team comes to the forefront at this point i wouldn't bet against them!!!!!!! |
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