TWPG... PUNTED!!!!

[TS-50]

Nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo !!



Please merciful Lord , No.

 

[Joe5619]

What I dont understand is why does TEGA care if Tom or Skaife own HRT??

 

[Racin Jason]

quote:Originally posted by Joe5619

What I dont understand is why does TEGA care if Tom or Skaife own HRT??

Someone has to own it but that info hasn't been forthcoming. I don't think it matters to TEGA as long as Holden don't.

 

[Bigcol]

It's about who controls what Joe.
TEGA can't have Walkinshaw as general manager of both Tool and HRT.
It's against there rules.
Some how i think Kelvin might group them and only give them what it's worth dollars wise under the TREC for a grouped team.
Which means one team is going to miss out badly

 

[bjr22n]

I have found this on: http://editorial.carsales.com.au/car-review/2396348.aspx

quote: >> Heat on for proof of HRT ownership
Meantime, climate change may be blamed for the scorching temperatures forecast for Adelaide during the V8 Supercar Championship season-opening Clipsal 500 starting tomorrow, but the most heat is undoutedly going to be on the Holden Racing Team.

Overshadowing the Rick Kelly-Craig Lowndes rivalry, HRT is racing under what might be called a stay of execution, because it could be expelled from the series if it cannot produce the required evidence that Mark Skaife is the true owner of the team by 6pm on Monday, March 12.

The Touring Car Entrants Group (TEGA) gave HRT 14 days from 6pm last Monday to provide conclusive paperwork that has not been forthcoming for months, and particularly throughout the heated discussions of the past few days.

TEGA wants to be satisfied that the company Skaife Sports is in true and effective control of HRT.

TEGA's Teams Licence Agreement requires that teams are independently owned and prohibits a situation where there is cross-ownership or control of more than one team.

Any changes in the ownership of a V8 Supercar team, partly or wholly, must be notified to TEGA. One person cannot own or control more than one team.

Holden maintains that Skaife has been the owner of HRT since 2003, but TEGA suspects a "third party" is involved -- and that the third party is Tom Walkinshaw, who operates the Holden Special Vehicles road car business for Holden and re-emerged in Australian motorsport in a big way at the start of 2006 (after keeping his head down for a couple of years following the demise of his Arrows Formula 1 team).

While satisfied about the HSV Dealer Team, owned by John and Margaret Kelly (parents of V8 Supercar stars Rick and Todd), TEGA is believed to have rejected HRT paperwork provided to it so far as lacking detail and substance in terms of Skaife rather than Walkinshaw being the owner.

A story in Brisbane's Courier-Mail newspaper this week said: "It is believed that Skaife sold off a big slice of the team to Tom Walkinshaw early last year but no disclosure about who owns HRT has been forthcoming to TEGA."

TEGA wants proof that there are: "no other unapproved ownership or control issues".

Rivals are fuming, and more so fellow Holden competitors than Ford teams -- particularly over the time the affair has been allowed to drag on, now into the racing season.

One Holden team owner, Garry Rogers, has been particularly vocal -- and has had a second outburst in the News Corporation press. Meanwhile top Holden driver, Greg Murphy, has waded into the public debate, saying HRT should not be allowed to participate in Clipsal.

Rogers, a former TEGA board member, has again called for heavy penalties on HRT.

"I think the dispute has been handled very poorly. HRT has been threatened with a big stick and flogged with a feather," Rogers says in Sydney's Daily Telegraph newspaper.

"There has not been enough discipline applied to the inquiry. I'm not being vindictive. I would have a beer with Mark Skaife tomorrow, but rules are rules. I find it totally wrong they [HRT] have not been punished.

"I'm not saying throw HRT out because the fans want to see them racing, but if you go outside the rules you should face the penalty. You can't have one set of rules for one guy and another for the others. You can't conduct business that way.

"There are commercial interests to protect. If some teams have an advantage that affects how we compete in the market, and if we can't compete, what's the point of being in it?

"It's a bit like letting one football team have four times the possession of the other.

"There has been a problem ever since Tom Walkinshaw's overseas business (Arrows F1) bit the dust.

"In the Teams Licence Agreement there is a list of things you can and can't do. If you go outside those rules you commit a material breach. And there are some pretty severe punishments for breaching those."

Meanwhile, four-time Bathurst-winning driver Murphy, now with Tasman Motorsport, says HRT should not be allowed to race in Adelaide because it could get results for which it may not be eligible or may affect the results of other competitors.

Murphy says HRT should not have been given extensions of deadlines as it has. Instead, it should have suffered for not providing sufficient evidence on time, he says.

TEGA is mindful that HRT is Holden's official factory team and that any decision on it could have massive repercussions within the sport.

But TEGA's Kelvin O'Reilly says: "The team will only be permitted to compete beyond Adelaide if Skaife Sports can satisfy TEGA that the contractual and financial arrangements are such that Mark Skaife is in true and effective control of the team."

D-day is looming!

 

[Racin Jason]

quote:Originally posted by bigcol

It's about who controls what Joe.
TEGA can't have Walkinshaw as general manager of both Tool and HRT.
It's against there rules.
Some how i think Kelvin might group them and only give them what it's worth dollars wise under the TREC for a grouped team.
Which means one team is going to miss out badly

Only if Kelvin has any balls!

 

[Racin Jason]

19 minutes to go. But who's counting?

 

[Poita]

TEGA still not happy with ownership issue. Now it's time for the lawyers to get involved.


http://www.foxsports.com.au/story/0,8659,21367789-23770,00.html

 

[DJR-FAN]

quote:Originally posted by Joe5619

What I dont understand is why does TEGA care if Tom or Skaife own HRT??

From V8SA Website.
Those persons who are granted a licence to compete must be of good character, and undertake to compete fairly and professionally and have the appropriate knowledge and qualifications to discharge the responsibility of a team owner in the best interests of the V8 Supercar Championship Series.

I can think of someone that doesn't meet those terms and never could.

 

[Joe5619]

WOW, it is all starting to sound very series..

 

[Nascar12]

Call me a synic(spell check)? , but who REALLY thinks anything will come of this?

All they, TEGA, are doing are firing shots across the bow, letting Skaife know he is being watched, and giving him time to get his affairs in order.

 

[Bigcol]

I don't think TEGA has the balls to do anything.

We all knew Walkinshaw having a 6 car super team would be a problem and it still is today.
TEGA will come out just before Barbagello and say that everything is ok.

 

[TS-50]

Ok, you're a 'synic'(spell = cynic)

But probably correct the eventuation of all this will be nothing, unless they create a rule that can be applied to other teams out of this.

 

[DJR-FAN]

quote:Originally posted by bigcol

TEGA will come out just before Barbagello and say that everything is ok.

I wish I could put money on that.

 

[Bigcol]

What, you think that they're going to do something to HRT and Walkinshaw.
Not bloody likely.
These grubs have been rorting and manipulating the rules since Walkinshaw started HRT and got away with it.
The only reason why it's taken so long is so HRT , Skaifey and Walkinshaw can get all the ducks in a row so TEGA will be happy with them

 

[ROB17]

Well it's now official! HRT allowed to continue! What a farce!! They miss deadlines, are given a 'special' dispensation for Adelaide and still get away with it! Really tired of HRT having a seperate set of rules to everyone else...but in all honesty, I didn't expect things to end up any differently. Hang your heads yet again TEGA!

 

[DJR-FAN]

quote:Originally posted by bigcol


The only reason why it's taken so long is so HRT , Skaifey and Walkinshaw can get all the ducks in a row so TEGA will be happy with them

I agree.

What I wish I could put money on is TEGA saying everything is ok just before Barbagello.

 

[ROB17]

quote:Originally posted by DJR-FAN

quote:Originally posted by bigcol


The only reason why it's taken so long is so HRT , Skaifey and Walkinshaw can get all the ducks in a row so TEGA will be happy with them

I agree.

What I wish I could put money on is TEGA saying everything is ok just before Barbagello.

Your investment has paid a handsome return DJR FAN!

 

[DJR-FAN]

Paid $0 Rob17. Couldn't find anyone to bet against me.

Rang Uncle Tom, even he wouldn't take the bet. Said he knows someone on the board that gave him a hot tip.

 

[Racin Jason]

We all knew that was coming, didn't we?!