... and I always screw up the spelling of his name: Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien... Oh, to hell with it, Seabass works for me.Quote:
Originally Posted by ChaimWitz
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... and I always screw up the spelling of his name: Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien. Sebastien... Oh, to hell with it, Seabass works for me.Quote:
Originally Posted by ChaimWitz
CC's contract with the government for the Surfer's race runs through 2008. The race is already secured for next year and they are working on an extension and I'm sure KK has this covered. The money Champ Car gets covers the sanction fee and transport costs.
The financial demands Cochrane is making are with the government and has nothing to do with CC. They have their own contract. We'll see what they do. I would like to see TC's evidence of all V8 fans. Regardless, I do not think CC's participation will be changed.
A1GP is a winter series and does compete with CC. I also do not believe they pose any threat to CC's european events. I also do not think KK or anyone is afraid of them.
There is no reason for the owners of CC to sell anything to TG. Let him make his series successful on his own.
IMO.
"I'm sure KK has this covered." Huh? Arguably, the best attended race in the series in his home country and KK isn't going to show up because he "has it covered?" Gimme a break.
The financial demands Cochrane is making is with the partnership between the Queensland government and IMG, which funds and promotes the weekend, although IMG and the Queensland government have signed just a "letter of intent" to continue the partnership, according to the Bulletin.
A1GP just got a deal for Ferrari engines and support. Whether KK is afraid of them or not doesn't matter. The financial demands of A1GP may be as such that it may well be able to undercut CC's $6 million deal with Surfers. An outfit like IMG, headquartered in Cleveland and a former CART promoter in Detroit and Cleveland, would understand CC's situation much better than the Cleveland government. Cochrane has griped every year for more money down there. He may well have something in his wheelbarrow this time.
As far as TG buying anything, I think you're right. IMO, he hasn't shown any interest in buying anything.
IMG is pressing for more money than KK can afford to lose...and IMO, A1GP will have it shortly...am waiting for confirmation from my colleagues at IMG, but it's a lot to do with CCWS being able to guarantee series performance which is not likely at this time.Quote:
Originally Posted by indycool
I said "Cleveland government" above and meant "Queensland government." My bad.
IMG is pressing for more money? Yes there seems to be a question about how much profit IMG will get from the Indy race. The letter of intent is a contract between the government and IMG for their partnership. What does that have to do with CC? CC has a contract through 2008.Quote:
Originally Posted by heelntoe
I do not think A1GP is in the running for Surfer's ,they have their own set of problems.
But I do find this all very entertaining. nice spin.
Focus more on foreign venues, drivers, sponsors and team principles. We can already see companies rationalizing their sponsor dollars, even in NASCAR.Quote:
Originally Posted by FlatChatRacer
That's what you think. You've had Champ Car headed to the morgue since day one. Amazing how those Pook numbers keep going up. Now its $100 million...... Talk about rubbing salt into a papercut.Quote:
Originally Posted by indycool
sanguin, some basics:
1. IMG and the Queensland government have a partnership.
2. Presumably, CC has a contract WITH that partnership.
3. IF the partners decide something needs to happen, then the partners deal with it.
4. If the partners don't agree and their "letter of intent" disappears, they separate and bankrupt out the partnership, what is CC's contract worth?
Did you ever hear about San Jose?
1. IMG and Queensland Government have a partnership through 2008Quote:
Originally Posted by indycool
2. IMG and Queensland Government have a letter of intent to continue that partnership through 2013.
3. CC has a contract through 2008.
4. Queensland Government wants to secure the Indy race until 2011 with CC.
Sorry, the race will happen and I also think it will be extended with CC.