SHR Takes A Big Hit

Formerjackman said:
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.
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When the deal was announced, it was said that Tony had 50% ownership. That should be easily verified.
 
news.yahoo.com

Smoke 'so mad' at NASCAR even as Stewart-Haas drops 1 appeal

With his team still appealing $200,000 in fines and allegations from NASCAR that Stewart-Haas Racing manipulated the finish of NASCAR's most recent playoff race, co-owner Tony Stewart opted to not discuss that Wednesday. “I’m not going to talk about it," Stewart said. NASCAR said Tuesday that...
news.yahoo.com news.yahoo.com

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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Team Penske said:
When the deal was announced, it was said that Tony had 50% ownership. That should be easily verified.
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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.
 
Formerjackman said:
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.
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If anything Tony will have received a greater compensation for his efforts today than when he started.
 
Formerjackman said:
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.
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Yep.

Sign a deal that reduces your share as the company grows. Endorsed, of course, by Tony’s lawyers and accountants. Good grief!
 
Thank God everyone is ok. Nice job by the wrecker crew getting the trailer back on the road without damaging it.

ca.finance.yahoo.com

NASCAR Hauler Crashes on I-40 in Arizona

NASCAR driver Riley Herbt’s hauler crashed on Interstate 40 near Flagstaff, Arizona, on October 12 while en route to the Las Vegas Motor Speedway, according to local media.Video taken by Diane Soukup shows hauler, which operated by Stewart-Haas Racing, leaning over a guardrail on the side of the...
ca.finance.yahoo.com ca.finance.yahoo.com
 
It looks like the truck will live to go back on tour after Rush Peterbilt gets done repairing it.
 
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