Siegel: DEI 'working hard' to meet Earnhardt Jr. deadline

tkj24

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FORT WORTH, Texas - With Dale Earnhardt Jr.'s sister and chief negotiator reiterating last week that the a new contract with Dale Earnhardt Inc. needs to be completed in the next 45 days, Dale Earnhardt Inc. President Max Siegel says that's a possibility.

"We've been working hard with the goal to meet that deadline," Siegel said Sunday before the Samsung 500 at Texas Motor Speedway. "We have had really productive conversations. ... We are looking at every single issue in great detail."


Kelley Earnhardt Elledge, Earnhardt Jr.'s sister and business manager, said Tuesday that Earnhardt Jr. still wants majority ownership of the team and wants assurances that the team, founded by seven-time Cup champion Dale Earnhardt and owned by his widow Teresa Earnhardt, will compete for a championship.

Earnhardt Elledge said the company run by her stepmother has not met its maximum potential in recent years. When asked about that analysis, Siegel said he is looking at things the company can do to make an immediate impact on the competition.

"We've got a great group of people," Siegel said. "We have a great foundation. We've been running pretty good. We can always do better.

"What we're doing is we're looking to see how we can improve every area of competition. We're addressing it right away. Things are happening to take it up a notch."

Siegel joined the company a little more than two months ago to oversee operations and has seen the negotiations progress.

"I've never given any thought or much thought at all to anything other than having a healthy, long-term relationship with those guys," he said. "What I feel now that is different than when I got there, as we build a relationship, I think Kelley and Dale would make really, really great partners.

"I think they have great ideas. They have passion and focus. I think Teresa's passion and focus sometimes either gets overlooked or is not highlighted. If we can figure out how to harness the focus, the passion and the commitment from the entire family, we'll lead the industry."

Having handled many negotiations in the music industry, Siegel is used to tense negotiations but not necessarily the fan/media interest of the Earnhardt negotiations.

"The biggest difference is that it is family," Siegel said. "Negotiations at any high level is very intense. And you've got a lot of competing interests. That's not unusual.

"Unfortunately, when you have a family of this status, people like to write about things that happen and transpire on a daily basis. It's a little more difficult to go through the process and maintain the privacy of everyone involved.

"For me, I don't get rattled or shaken or moved by how intense the discussions may be. I think that it's a good thing. We're having a healthy dialogue. We're working really, really hard to try to bring something together, and I look forward to a long future with those guys."
 
I almost jumped out of my seat when Jimmy Spencer attacked Kelley on the morning show.

I noticed he apologized on Victory Lane. I suspect someone had "words" with him.
 
I almost jumped out of my seat when Jimmy Spencer attacked Kelley on the morning show.

I noticed he apologized on Victory Lane. I suspect someone had "words" with him.

I heard the apology but I missed the morning show so I don't know what he said.
 
bp, there are a number of news stories at Jayski's with quotes from the morning show. He really jumped on her with both feet.

TL i saw the same thing and was pissed...i think in the manner that Spencer attacked her was way over the line.

i told someone that if Sr were still alive, Spencer would have gotten his ass kicked for making those comments about her.
 
Dale Jr.'s sister not yet convinced deal will happen [with DEI]: Kelley Earnhardt Elledge, sister, business manager and chief negotiator for #8-Dale Earnhardt Jr., isn't yet convinced a contract extension with the company their father founded is on the horizon for NASCAR's biggest star. It's not that talks are going badly. But many variables exist -- and time is precious. "I don't know if we'll get there," Elledge said of an extension. "It's hard. When you start talking about the piece of ownership for Dale in [Dale Earnhardt, Inc.], that's part of my business, too. That's part of [half-brother] Kerry's business. That's part of [half-sister] Taylor's business. "There's a whole lot of dynamics that play into it all." Two variables, in particular, are crucial to Earnhardt's desire for a majority stake in ownership of DEI. "One is the family piece," Elledge explained. "Obviously our dad started [DEI] to field race cars, and all intentions of [Dale Jr.] being a part of that, and the rest of us being a part of it, in terms of my other brothers and sisters. But I think the biggest reason we want a piece of DEI is for control of [Dale Jr.'s] brand, and where it's going. They can all coexist -- the whole Earnhardt family -- as one big brand. And there's several brands underneath it." Elledge said she and Dale Jr. feel DEI has done a good job maintaining their father's brand, but that Dale Jr. has an entirely different brand that they want to control and mesh into the overall Earnhardt brand. She said the entrance of new DEI President Max Siegel into the equation has helped tremendously, and is a bright spot that makes her believe an extension is indeed feasible. "With Max coming onboard, that's something I can foresee in the long run," Elledge said. "At this point, we don't have a lot of time so we're trying to work really hard to make something of it. We met last week. I usually talk to Max at least once a day, if only to say 'Hi.' We're keeping in touch and bouncing ideas off each other, because we really are trying to discuss all options." Elledge admitted, though, that this is not an easy time to be renegotiating. "You've got a new guy on board who's trying to get the ship turned in the right direction, and you still have Teresa there who's trusting this new person, and she's not had anybody in there for a while and things have kind of fell down. So there's a rebuilding going on. It's a bad time to try to renegotiate a contract. You've got the old still sticking there, and this new on the horizon that could be really good, and you're trying to make sense of it all. We'll see if we can get there." (ESPN.com)
 
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