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what's his name
 
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Default Interesting to note - 07-13-2003 , 05:11 PM







What company do you know that loses an average of over
$ 1,000,000.00 (One Million Dollars US) per week, and has for some
time, and appears will have those loses increase to over
$ 1,500,000.00 (One-&-One-Half Million Dollars US) per week, yet has
revenue streams only a small percentage of those amounts, can possibly
stay in business?



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PhilipT631
 
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Default re: interesting to note - 07-13-2003 , 06:11 PM






Quote:
whatshisname (AT) whome (DOT) net

What company do you know that loses an average of over
$ 1,000,000.00 (One Million Dollars US) per week, and has for some
time, and appears will have those loses increase to over
$ 1,500,000.00 (One-&-One-Half Million Dollars US) per week, yet has
revenue streams only a small percentage of those amounts, can possibly
stay in business?

Sounds that the EARL series to me...every time a car hits the track for
testing,pratice,qualifying or race they average over 2 destroyed chassis as
well as average over one serious injury per race since it's inception, sponsors
are given thousands of tickets to give away to try and get people to show up,
the series has to pay tracks to hold the races as well as pay they to test, the
series has no title sponsors, the series have extremely high expenses as far as
travel and salaries and have to pay for the maintainance of it's declared
King's throne as well as coke habit...are you sure 1.5 mil is enough to support
all this?





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Juan
 
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Default Re: Interesting to note - 07-13-2003 , 11:28 PM



what's his name <whatshisname (AT) whome (DOT) net> wrote

Quote:
What company do you know that loses an average of over
$ 1,000,000.00 (One Million Dollars US) per week, and has for some
time, and appears will have those loses increase to over
$ 1,500,000.00 (One-&-One-Half Million Dollars US) per week, yet has
revenue streams only a small percentage of those amounts, can possibly
stay in business?
A private company run out of the IMS using Grandma's money.

Question for you : How can a company, that has lost over 60 % of its
customers, be considered a "thriving" company that will set the
standard for all others (Especially so when even its sponsors say
that they only care about one its products and wish that they could
eliminate the other 15 products) ?

Juan


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Johnny Canuck
 
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Default Re: Interesting to note - 07-14-2003 , 08:34 PM



what's his name <whatshisname (AT) whome (DOT) net> wrote in
news:fcf713b83b8ea9a177a70c85cf821ee2 (AT) free (DOT) teranews.com:

Quote:
What company do you know that loses an average of over
$ 1,000,000.00 (One Million Dollars US) per week, and has for some
time, and appears will have those loses increase to over
$ 1,500,000.00 (One-&-One-Half Million Dollars US) per week, yet has
revenue streams only a small percentage of those amounts, can possibly
stay in business?


Any company that has annual attendance that breaks 2,000,000 has a much
better chance of financial survival than one that has one event with
300,000 and a total of 300,000 for the remaining dozen.


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what's his name
 
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Default Re: Interesting to note - 07-17-2003 , 07:52 PM



On 13 Jul 2003 20:28:27 -0700, juanir (AT) lycos (DOT) com (Juan) wrote:

Quote:
what's his name <whatshisname (AT) whome (DOT) net> wrote

What company do you know that loses an average of over
$ 1,000,000.00 (One Million Dollars US) per week, and has for some
time, and appears will have those loses increase to over
$ 1,500,000.00 (One-&-One-Half Million Dollars US) per week, yet has
revenue streams only a small percentage of those amounts, can possibly
stay in business?

A private company run out of the IMS using Grandma's money.

At least IMS makes money.


Quote:
Question for you : How can a company, that has lost over 60 % of its
customers, be considered a "thriving" company that will set the
standard for all others (Especially so when even its sponsors say
that they only care about one its products and wish that they could
eliminate the other 15 products) ?

When people like ABC actually pay to televise its events and teams
like Roger Penske decide its the place to be. When sponsors like
Marlboro, Miller, Pennzoil, Mobil, Pioneer, Hollywood, Klein Tool,
Archipelago, Target, etc. and suppliers like Toyota and Honda decide
that their marketing dollars are better spent there than in their
previous series.




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Tom Hiett
 
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Default Re: Interesting to note - 07-18-2003 , 04:30 PM



juanir (AT) lycos (DOT) com (Juan) wrote:

Quote:
They want Indy, not the IRL. Furthemore, they are in the IRL until
they can gain access to Nascar;
Arn't Roger Penske, Miller, Pennzoil, Mobil, Target already in, or have
been, in NASCAR?

Quote:
After all, every race in Nascar gets more viewers than Indy.
Well 16 of them anyway.

Quote:
Now, why is it that penske et. al. want the IRL to add road courses to
its schedule and to get CART's Nafta races ?
There has been some desire expressed but nothing serious mentioned by
anyone with credibility, and I've never heard of any IRL NAFTA
aspirations. They won't get any serious crowds in Mexico or Canada unless
NASCAR can sell out tracks there with with season tickets and they can get
in on that.

Tom


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Robert
 
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Default Re: Interesting to note - 07-18-2003 , 05:19 PM




"Tom Hiett" <thiett (AT) iastate (DOT) edu> wrote

Quote:
juanir (AT) lycos (DOT) com (Juan) wrote:

They want Indy, not the IRL. Furthemore, they are in the IRL until
they can gain access to Nascar;

Arn't Roger Penske, Miller, Pennzoil, Mobil, Target already in, or have
been, in NASCAR?
And the Chipster! Don' forget him! (I know, you said "Target").


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Johnny Canuck
 
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Default Re: Interesting to note - 07-18-2003 , 08:16 PM



what's his name <whatshisname (AT) whome (DOT) net> wrote in
news:1cd36204aade7850fec69587671d87d1 (AT) free (DOT) teranews.com:

Quote:
On 13 Jul 2003 20:28:27 -0700, juanir (AT) lycos (DOT) com (Juan) wrote:

what's his name <whatshisname (AT) whome (DOT) net> wrote in message
news:<fcf713b83b8ea9a177a70c85cf821ee2 (AT) free (DOT) teranews.com>...
What company do you know that loses an average of over
$ 1,000,000.00 (One Million Dollars US) per week, and has for some
time, and appears will have those loses increase to over
$ 1,500,000.00 (One-&-One-Half Million Dollars US) per week, yet has
revenue streams only a small percentage of those amounts, can
possibly stay in business?

A private company run out of the IMS using Grandma's money.


At least IMS makes money.

Are you sure the IMS is making money these days? The Brickyard 400 makes
money. The 500 makes money (but much less than the 400). The USGP loses
money (a lot of it). Any profit made by IMS out of the 400 and the 500 is
more than eaten up by the costs of subsidizing the USGP and the IRL (which,
other than the IMS race is a red ink bloodbath).





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  #9  
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Juan
 
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Default Re: Interesting to note - 07-19-2003 , 12:18 AM



thiett (AT) iastate (DOT) edu (Tom Hiett) wrote in message news:<thiett-1807031530370001 (AT) itc60158 (DOT) itc.iastate.edu>...
Quote:
Arn't Roger Penske, Miller, Pennzoil, Mobil, Target already in, or have
been, in NASCAR?
yes, but they will have to move there for good w/o any open-wheel
involvement.

Quote:
After all, every race in Nascar gets more viewers than Indy.

Well 16 of them anyway.
That was last year. This year, even the road course at Sonoma got
better ratings than Indy. This year, Indy may not make it into the top
30 in the US.

Quote:
There has been some desire expressed but nothing serious mentioned by
anyone with credibility, and I've never heard of any IRL NAFTA
aspirations. They won't get any serious crowds in Mexico or Canada unless
NASCAR can sell out tracks there with with season tickets and they can get
in on that.
Penske was quoted as saying that the IRL needs to take over CART's
Canadian races. The IRL already wants Mid-Ohio and they have made
inquiries into Long Beach and Road America.

Juan


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cfswestern
 
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Default Re: Interesting to note - 07-19-2003 , 12:22 AM




"Juan" <juanir (AT) lycos (DOT) com> wrote

Quote:
thiett (AT) iastate (DOT) edu (Tom Hiett) wrote in message
news:<thiett-1807031530370001 (AT) itc60158 (DOT) itc.iastate.edu>...
Arn't Roger Penske, Miller, Pennzoil, Mobil, Target already in, or have
been, in NASCAR?

yes, but they will have to move there for good w/o any open-wheel
involvement.

After all, every race in Nascar gets more viewers than Indy.

Well 16 of them anyway.

That was last year. This year, even the road course at Sonoma got
better ratings than Indy. This year, Indy may not make it into the top
30 in the US.

There has been some desire expressed but nothing serious mentioned by
anyone with credibility, and I've never heard of any IRL NAFTA
aspirations. They won't get any serious crowds in Mexico or Canada
unless
NASCAR can sell out tracks there with with season tickets and they can
get
in on that.

Penske was quoted as saying that the IRL needs to take over CART's
Canadian races. The IRL already wants Mid-Ohio and they have made
inquiries into Long Beach and Road America.


If CART ever runs itself totally into the ground with its shrewd business
practices that does not mean that Penske can just cherry pick the venues.
You know darn well somebody will start another series, or perhaps more than
one.




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