SHR Takes A Big Hit

Team Penske

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Well, my point was that people seem to assume that Tony owns like 50%, and we don't know that at all. The fact that SHR IS worth a lot of money might be precisely why Tony would think about cashing out, and it's entirely possible that Tony has an escape clause in his ownership deal. Just a hunch, but I would guess that it would take more than just being a good investment to keep Tony somewhere if he didn't want to be there.
When the deal was announced, it was said that Tony had 50% ownership. That should be easily verified.
 

jaqua19

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Yikes. I love Tony, but man, he continues to distance himself from his team, and evidently the sport. What else happens here?

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Formerjackman

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When the deal was announced, it was said that Tony had 50% ownership. That should be easily verified.
Could be, don't remember, but the team is a LOT bigger now than when It could be said that having Tony in the driver's seat was it's only real asset. I wonder if the percentage have stayed the same.
 

Team Penske

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Could be, don't remember, but the team is a LOT bigger now than when It could be said that having Tony in the driver's seat was it's only real asset. I wonder if the percentage have stayed the same.
If anything Tony will have received a greater compensation for his efforts today than when he started.
 

aunty dive

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Could be, don't remember, but the team is a LOT bigger now than when It could be said that having Tony in the driver's seat was it's only real asset. I wonder if the percentage have stayed the same.
Yep.

Sign a deal that reduces your share as the company grows. Endorsed, of course, by Tony’s lawyers and accountants. Good grief!
 

Nitro Dude

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Thank God everyone is ok. Nice job by the wrecker crew getting the trailer back on the road without damaging it.

 

Nitro Dude

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It looks like the truck will live to go back on tour after Rush Peterbilt gets done repairing it.
 
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