Thread: A1 Bankrupt!
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Old 7 Feb 2010, 08:20 (Ref:2628399)   #225
cavvy
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cavvy should be qualifying in the top 10 on the grid
damage control a la the politicians

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Originally Posted by Oldtony View Post
The taxpayers paid for those assetts way back when the Champ Cars first raced here and they were only transferred as a book entry to Gold Coast Motor events.
Surely there should have been some sort of performance clause in the IMG contract that terminated it for failing to deliver? Apparently there wasn't, so you can understand the local concern about the details of entering into a contract with Sports Entertainment Ltd and VESA if it is to be "Commercial in confidence".
And just maybe there are a lot of angry Queenslanders who would like to have hung onto the right to keep pursuing Tony TX for the money plus whatever damages could be extracted from his carcase.
Passed the debt onto IMG to minimise damage. No ongoing flak .. wishful thinking by Anna methinks !
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