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| rpm finished? | |
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| Tweet Topic Started: Oct 21 2010, 10:55 AM (176 Views) | |
| Orangesmoke20 | Oct 21 2010, 10:55 AM Post #1 |
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Too hot to handle.. too cold to hold... ohhhhhh yeahhhhh!!!
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•RPM may not run past Martinsville: The house of cards is finally falling for George Gillett's Richard Petty Motorsports. The assembly line from Roush Fenway Racing and Roush Yates engines has stopped running to RPM. Engines have been picked up, cars have been repossessed, and sources on both sides -- RPM and RFR -- say no cars will be delivered beyond Martinsville this weekend. On Thursday morning, crewmen at RPM were told they may not have jobs after the race at Martinsville Speedway this weekend. Neither Petty team CEO Foster Gillett nor team Vice President Robbie Loomis could be reached for comment. RPM currently fields four cars in the Sprint Cup Series -- the #9, #19, #43 and #98. Kasey Kahne was released from his contract as of Wednesday night and is expected to drive for Red Bull Racing for the remainder of the year and in 2011. Elliott Sadler is expected to drive for Kevin Harvick Inc. next year. Paul Menard signed a multi-year deal to drive for Richard Childress Racing starting next year. His current crew chief Richard "Slugger" Labbe will continue his duties at RCR. AJ Allmendinger re-signed a multiyear deal to drive the #43 Ford this summer. Allmendinger is currently 20th in the point standings. Marcos Ambrose was signed to drive the #19 Ford in August. Ambrose currently drives for JTG/Daugherty Racing and is 26th in the point standings.(Fox Sports)(10-21-2010) |
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| MartinMan | Oct 21 2010, 11:19 AM Post #2 |
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Veteran of 1000 psychic wars
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yeah that's teams fucked aren't they 90 million in the red also? |
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| jrfan388 | Oct 21 2010, 01:36 PM Post #3 |
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Raceski Cup Champion
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They're a sinking ship, whoever can bail out better do it now before its too late |
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| KK3869 | Oct 21 2010, 01:39 PM Post #4 |
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Just your simple Cameron
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Yup, probably larger by now. Not suprsiing considering Geroge Gilletts track record he ran the Liverpool soccer team into about 350 million dollars in debt, I'm not sure how much he fucked up Montreal. And his partner at Liverpool a certain Mr. Tom Hicks ran the Texas Rangers into the ground. These assholes won't be getting another team anytime soon. And a update: The story has now been updated to include: "Sources tell FOXSports.com that the Talladega cars were returned after 11 a.m. ET Thursday, but they do not have engines or gears yet."(10-21-2010) |
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| KK3869 | Oct 21 2010, 02:08 PM Post #5 |
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Just your simple Cameron
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Actually let me correct myself, Liverpool was 350 million pounds in debt, which is about 550 million us dollars. |
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| KK3869 | Oct 21 2010, 03:28 PM Post #6 |
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Just your simple Cameron
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UPDATE 2: Multiple sources confirmed to SPEED.com on Thursday that Roush Fenway Racing, which builds RPM's cars, briefly repossessed RPM's Talladega cars and engines because of non-payment. Roush Fenway Racing allowed RPM to take the cars back Thursday morning, sources told SPEED.com. Additionally, sources said that one of the reasons Kahne was released from the team is that RPM owed him a substantial amount of back salary. A team spokesperson contacted Thursday afternoon declined to say whether or not Kahne was owed money, Roush Fenway Racing was owed money, when team owner George Gillett would publicly discuss his team's situation or what RPM's plans were beyond this weekend. "There's just nothing much to comment on right now," said Tiffany Breaux of Richard Petty Motorsports.(SPEED)(10-21-2010) Ladies and gentleman, George Gillett: The JD Stacy of the 21st Century |
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| Lord Diddy | Oct 21 2010, 08:44 PM Post #7 |
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Admin of the People
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Guess Kasey was the smart one |
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| KK3869 | Oct 22 2010, 11:20 AM Post #8 |
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Just your simple Cameron
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Kahne is paid: Kahne said RPM has met all its financial responsibilities to him, dismissing rumors that the decision to split early made sense for both sides. Red Bull Racing will pay Kahne's salary the rest of the season. Kahne said talks about a split began on Monday, two days after the brakes failed on his car for the second time in three races (and third time this season), leaving the driver frustrated. Kahne defended his decision not to return to the race after repairs were made, saying he was sick and unable to continue. He was offended that an RPM official questioned his commitment, saying he needed to do his part to help the team. "Anybody that questions my commitment doesn't know me very well,'' Kahne said. "I don't know if there is anybody out there that puts as much into it as I do throughout the week. I was sick to my stomach and it was time for me to call it a day. I'm happy I did it and ready to get on with this weekend.'' Kahne said the decision to split was not based on speculation that financial difficulties concerning RPM. He said he wished the team well the rest of the season. Kahne said he has agreed to maintain his commitments to sponsor Budweiser for the remainder of the season, including all meet and greets. He added this was not the way he wanted to end his relationship with Budweiser or RPM, but reiterated it was best for all parties.(ESPN)(10-22-2010) |
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| ElDonkey | Oct 26 2010, 07:34 PM Post #9 |
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2009 Sprint Cup Pick Em Champion
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Fuck Tom Hicks |
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