- Oct 14, 2013
I didn't know where to put this, no way I know what it is about. Maybe somebody from that neck of the woods will know something
There isn't enough information out there to answer all these questions about GMS and The King. It won't be long until the details come out, but they aren't out yet. I'd advise patience rather than speculation.
I believe Medallion Bank, which is controlled by Andrew Murstein, is the primary owner of Richard Petty Mptorsports. This is why RPM appears embedded in the Medallion financials. The King has a minority ownership, but is it just that debt or is it also shares? We don't know.
Also, we don't know if the sale is a stock sale of RPM as a going concern, or is RPM being liquidated and the assets sold to GMS? The announcements don't say, yet. I gather there will be a press conference next week on Tuesday to answer all of it.
I'm optimistic this will amount to good news for Erik Jones, but waiting for confirmation from GMS on their plans.
Ain't it the truth. Hmmm let's see, do we put Alfredo or Gilliland in the car for next year. Alfredo, go get you a pizza, start a restaurant, something.I think he is ready. He has competed in trucks full-time for four years and he was constantly among the fastest trucks last season.
Alfredo was nowhere near ready for Cup.
Hambone said he wasn't going to pay more then 10 mil.. uh, but, I meanThe thing I don't get about Denny paying 13.5 Million is it appears that RWR is going to be leasing or selling their 3rd charter for the 2022 season. I mean seriously between that and the StarCom one that's all the lower he could get them guys? How much does RWR want for theirs?
I'm still convinced it's some sort of CIA thing"Voyager may also evaluate other prospective deals in the NASCAR space, per company CEO...."
For years and years, motorsports lived on tobacco money with impunity. Then came energy drinks, while naysayers tried to tell us the stuff would kill us all, and how shortsighted it was to rely upon this source of funding.
And now I'm getting a similar vibe about crypto currencies and crypto trading platforms, which are popping up everywhere with lots of money to spend on promotion. I don't know jacksh!t about crypto... perhaps it's time I learned..