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28 Aug 2005, 13:15 (Ref:1392952) | #1 | ||
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Andrew Ranger and Sponsorship dollars
An article in today's Toronto Sun claims that Andrew's agent had to come up with $100,000 to repair crash damage from Friday. Sounds like Andrew has to pay if he damages the car.
http://torontosun.com/Sports/OtherSp...91308-sun.html |
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28 Aug 2005, 13:48 (Ref:1392972) | #2 | ||
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Is this an unusual arrangement? I wonder if Phillippe has the same deal? Sounds like the team is big time underfunded.
Ted |
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28 Aug 2005, 14:04 (Ref:1392981) | #3 | ||
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I guess Ranger used up all of the money he brought to pay for equipment! Can anyone remember the accidents he's been in this year?
The article makes it sound like he's done if he races hard and done if he conserves his equipment. Ranger needs to speak with Manning to figure out how to last the entire season without danaging the car. |
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28 Aug 2005, 14:38 (Ref:1392994) | #4 | ||
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This is where that second year of Atlantic would have helped Andrew. Instead he is learning with very expensive equipment.
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28 Aug 2005, 14:40 (Ref:1392995) | #5 | |||
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From TSN:
Quote:
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Don't make a fuss, just get on the bus! |
29 Aug 2005, 04:16 (Ref:1393435) | #6 | |
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Surely they would only make him pay for damages/crashes if it were his own fault. If they make him pay for a write-off when the likes of Da Matta rip down your inside and bowl you over then that would be ridicolous. And an engine failure, they have all the telementary data to show whether it was his fault of not....surely they cant make him pay for what is a natural engine failure?? Or can they.
And besides, yes its a ride in Champ Cars, but that is one dodgy contract deal. It could literally, break your career eating into your $$$ and leaving you dry. |
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30 Aug 2005, 01:04 (Ref:1394132) | #7 | ||
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I have to wonder if his recent lack of results isn't in some way due to him running a suspect chassis? My thinking is that maybe the car isn't quite what it was at the beginning of the season.
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30 Aug 2005, 04:56 (Ref:1394177) | #8 | |
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Or maybe he's not pushing as hard, for fear of damaging the car.
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30 Aug 2005, 18:54 (Ref:1394737) | #9 | |||
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Quote:
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30 Aug 2005, 20:00 (Ref:1394823) | #10 | ||
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This really stinks the kid is only 17 or 18, I'm 19 and I cant imagine having to worry about such things thats like saying thta if I underperform in college my family loses the house.
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30 Aug 2005, 20:21 (Ref:1394848) | #11 | ||
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I've only ever raced against one other car at a time and only ever for the challenge of it - no money, high stakes fame, etc. Just the challenge of my driving and my car in my younger days. I don't know how it's possible to get the job done and win if you're afraid and holding back. I have such a new respect for these champ car drivers - they put the most exciting show on and it seems they get so little credit for it at the end of the day on all fronts sometimes.
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30 Aug 2005, 21:01 (Ref:1394898) | #12 | ||
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If you take your street car or race preped car to the track and someone acts like an idiot and crashes into you, who do you think pays? It's not the other guy. Same thing when CDM ran into Wilson, PKV didn't give RuSport money to pay for the damages. If Ranger is paying the expenses to keep the car going and it gets damanged, it stands to reason that he should have to pay (fair or not).
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30 Aug 2005, 21:37 (Ref:1394952) | #13 | ||
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Good point, (fair or not).
Still an interesting contract clause, though. I wonder if this is perhaps more common in motorsports than we're aware of? |
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30 Aug 2005, 21:56 (Ref:1394976) | #14 | ||
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The likely scenario is probably a little like this:
It sounds like the Tide sponsorship is only for the CDN races. That meant that MiJack's money, plus Ranger's money was probably only good enough for a parital season. The team may have been ready to go with somebody else (say Haberfeld). ranger could then have made up the budget shortfall by committing to the damage portion of the budget. i.e. say the team's budget for crash damage is $400K. |
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30 Aug 2005, 22:29 (Ref:1395011) | #15 | ||
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Another good post.
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30 Aug 2005, 23:20 (Ref:1395043) | #16 | |||
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Quote:
One thing that could potentially be a problem is the Vegas oval race. I wouldn't want to foot the bill in the advent of a highspeed smack into the turn one wall! Especially as there is more of a chance of getting caught in someone else's accident. |
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31 Aug 2005, 09:59 (Ref:1395333) | #17 | ||
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Did Haberfeld has a cash to do 14 race season. AFAIK he did.
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31 Aug 2005, 14:18 (Ref:1395547) | #18 | ||
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So, Ranger has to pay for repairs on the sponsored car on wreck - fair or not-- out of his own pocket because he's driving it? Fair or not - though, does that same pocket of Ranger hold all the glory at win time - just because he drove it to victory?
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1 Sep 2005, 14:02 (Ref:1396443) | #19 | |||
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Quote:
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1 Sep 2005, 15:48 (Ref:1396502) | #20 | ||
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I think it is totally fair to bill the driver for repairs. If that is what the driver signed then that is up to him/her. Most drivers In Champ Car pay for the drive so if they don't arrange insurance then they will have to pay for the damage. I guess only the paid drivers will not pay as they will have it in their contract. Could you imagine if the Ganassi drivers had to pay for damage......23 wrecked cars in one season..... They would be in debt by millions each!!!
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1 Sep 2005, 16:04 (Ref:1396510) | #21 | ||
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I'd absolutely love to one day understand the business/money end of all this. I must be missing something in the equation of sponsorhip dollars vs. the driver's own pocket dollars. I do believe that to race well and take chances that win though the driver must be willing to risk car and life each race. I would think it would be too distracting to have a driver worry about the cost of repairs and in my humble opinion, would defeat the purpose of putting him in that seat to get the job done. If anyone can explain the pecking order of the money end of these races, I'd love to learn it.
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1 Sep 2005, 16:15 (Ref:1396515) | #22 | |
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It's unlikely to be any of his own personal funds, but his sponsors would end up having to pony up more cash if he crashes.
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1 Sep 2005, 16:57 (Ref:1396555) | #23 | |||
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Imagine ChampCars going around there (it did happen in the 60's and 70's). We are going to be at the track on Friday and Sunday. |
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1 Sep 2005, 17:34 (Ref:1396584) | #24 | ||
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I'll do it! thanks! We're camping the weekend so safe journey to us all!
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