Tiregate lawsuit?

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  • ALLDIRT
    Senior Member
    • May 2010
    • 1214

    #556
    Originally posted by onlyfacts View Post
    I bet there will be more on the racer side that when the battle gets in full action there will be things that they won't want public... Like real numbers on apparel sales versus what is reported to IRS.



    Now this is when the real cheaters hide . You betcha . How many are innocent now .

    Comment

    • Josh Bayko
      Senior Member
      • May 2007
      • 8758

      #557
      Originally posted by Cardirt0 View Post
      Not if it Bankrupts them then it would be sold off too the Highest bidder that maybe 100 bucks...There stock is close to in the Tank now.. this may kill them....
      WRG isn't a publicly traded company anymore. You know that, right?
      Follow me on Twitter: @JoshBayko

      Guerrilla Racing Junkies!

      Comment

      • Cardirt0
        Banned
        • May 2007
        • 5271

        #558
        Originally posted by Josh Bayko View Post
        WRG isn't a publicly traded company anymore. You know that, right?
        No I did not when did that happen....

        Comment

        • Krooser
          Senior Member
          • Nov 2012
          • 3117

          #559
          Can't have a union without making the drivers employees.... Then you have to deal with withholding taxes, social security, Obamacare, etc. That will never happen.... Remember the Teamsters effort to organize NASCAR in '69?
          Member of the Luxemburg Speedway Hall of Fame
          Class of 2019

          Comment

          • Cardirt0
            Banned
            • May 2007
            • 5271

            #560
            Originally posted by Krooser View Post
            Can't have a union without making the drivers employees.... Then you have to deal with withholding taxes, social security, Obamacare, etc. That will never happen.... Remember the Teamsters effort to organize NASCAR in '69?
            1/3 of the Drivers are employees they drive for a team of car owners...

            Comment

            • Josh Bayko
              Senior Member
              • May 2007
              • 8758

              #561
              Originally posted by Cardirt0 View Post
              No I did not when did that happen....
              Three or four years ago or so. It's been a while.
              Follow me on Twitter: @JoshBayko

              Guerrilla Racing Junkies!

              Comment

              • fastford
                Senior Member
                • Dec 2008
                • 4059

                #562
                Originally posted by MasterSbilt_Racer View Post
                People talk about how much Bloomquist has done for racing. When honestly, he hasn't done a single thing for it besides win a bunch of races. Now, potentially, he will destroy late model racing.
                i have to disagree with you here , first, im no huge bloomquist fan but i do respect him, he never comes down my way any more any way so he will have no effect where i race any way, we have our own problems. The thing is he has done a LOT for dirt track racing, IF, and i say IF, you could add up all the money he has been responsible for bringing into a racetrack by fans that just came there to see him, it would be unreal, helping tracks with revenue is helping racing in general.

                Comment

                • Cardirt0
                  Banned
                  • May 2007
                  • 5271

                  #563
                  Originally posted by Josh Bayko View Post
                  Three or four years ago or so. It's been a while.
                  Sold off all my stocks 4 years ago too pay off all my bills when i got sick so do not check stocks no more.. So i did not know that thanks...

                  Comment

                  • Josh Bayko
                    Senior Member
                    • May 2007
                    • 8758

                    #564
                    Originally posted by Cardirt0 View Post
                    Sold off all my stocks 4 years ago too pay off all my bills when i got sick so do not check stocks no more.. So i did not know that thanks...
                    I just did a quick Google search. It actually happened in 2009. I thought it was more recent than that.
                    Follow me on Twitter: @JoshBayko

                    Guerrilla Racing Junkies!

                    Comment

                    • Barbecueboy
                      Senior Member
                      • Mar 2013
                      • 18116

                      #565
                      Originally posted by W2Racing09 View Post
                      Where is this cache of new promoters you are referring to? I would really like to meet them.
                      Jeff, you would pick pepper out of fly sht just to argue that it wasn't pepper......

                      I know what the definition of a cache is, and since you wrote it I'm assuming you do as well.......can you find anywhere in that post I made that illuded to having a cache of new promoters and series owners at the ready?

                      Congrats on trying to pretzel twist my comment , but you better get a little more mustard on it if you expect people to not consider you a big bull shtter.
                      Where is the move over flag when you need it?????

                      Comment

                      • Cardirt0
                        Banned
                        • May 2007
                        • 5271

                        #566
                        Originally posted by Josh Bayko View Post
                        I just did a quick Google search. It actually happened in 2009. I thought it was more recent than that.
                        Thats OK but good too know and then I looked and its been 6 years that i sold my stocks .. And there stock looked so bad back then ..So it was not one I was looking at much...

                        Comment

                        • Barbecueboy
                          Senior Member
                          • Mar 2013
                          • 18116

                          #567
                          Originally posted by W2Racing09 View Post
                          UMP wouldn't be sold to someone who cares, they would be saddled with all of that 16M debt, nobody wants to have to buy that and pay all that debt off. UMP would go under and then those of you who live in IL, IN, and that whole area can see what its like to have unsanctioned racing with each track going in their own direction on rules, etc. so that you have to spend hours switching your car up from track to track.
                          I am thrilled that you think you are so much smarter than everyone on litigation but when you say dumb things like the series will be wholly saddled with the debt instead of the directors insurance( or whatever they call the umbrella to the main policy) they all have protecting them from being saddled with it...........makes it really hard to take you as serious as I would like to.

                          As a director of your own series , I would suggest you look into it........it's not that expensive.

                          Let me rephrase that for a glass half empty guy like yourself........it's still not that expensive.
                          Where is the move over flag when you need it?????

                          Comment

                          • W2Racing09
                            Senior Member
                            • Apr 2014
                            • 1691

                            #568
                            Originally posted by Barbecueboy View Post
                            I am thrilled that you think you are so much smarter than everyone on litigation but when you say dumb things like the series will be wholly saddled with the debt instead of the directors insurance they all have protecting them from being saddled with it...........makes it really hard to take you as serious as I would like to.

                            As a director of your own series , I would suggest you look into it........it's not that expensive.

                            Let me rephrase that for a glass half empty guy like yourself........it's still not that expensive.
                            Not that expensive? I've never seen an account premium under $1500 annually. That isn't expensive?

                            I don't know what insurance policy you think they have but I would be very surprised if it covers up to 16M.

                            Not to mention it wasn't even a post about litigation, it was a post about nobody buying UMP. Who would? I like UMP and I wouldn't buy it... if they were to lose the lawsuit would you want to spend money on something with all that negative press attached to it?

                            Thanks,
                            Jeff.

                            Comment

                            • Barbecueboy
                              Senior Member
                              • Mar 2013
                              • 18116

                              #569
                              Originally posted by onlyfacts View Post
                              I bet there will be more on the racer side that when the battle gets in full action there will be things that they won't want public... Like real numbers on apparel sales versus what is reported to IRS.
                              If any of them are cheating on the irs.......sanction or drivers, they deserve what they get.
                              Where is the move over flag when you need it?????

                              Comment

                              • Cardirt0
                                Banned
                                • May 2007
                                • 5271

                                #570
                                Originally posted by Barbecueboy View Post
                                I am thrilled that you think you are so much smarter than everyone on litigation but when you say dumb things like the series will be wholly saddled with the debt instead of the directors insurance( or whatever they call the umbrella to the main policy) they all have protecting them from being saddled with it...........makes it really hard to take you as serious as I would like to.

                                As a director of your own series , I would suggest you look into it........it's not that expensive.

                                Let me rephrase that for a glass half empty guy like yourself........it's still not that expensive.
                                He needs too incorporate too so they cant go after his house or cars...

                                Comment

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