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Kirkham Motorsports

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Old 02-25-2004, 02:00 PM
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Default Buy 50% of Team C Racing

http://cgi.ebay.com/ebaymotors/ws/eB...&category=6465

Buy 50% of Team C Racing for $20,000
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Old 02-25-2004, 02:20 PM
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Such a deal, you not only get to buy 50% of the company for $20,000, but you also assume $86,000 in debts and outstanding loans:

" HAVE THE FINANCIAL STRENGTH TO SIGN FOR THE CURRENT BANK BUSINESS LOAN WITH AN OUTSTANDING BALANCE OF APPROXIMATELY $86,000.00. "

But wait, there is more,

"TEAM-C-RACING WILL NOT BE PROFITABLE IN 2003, DUE TO A LACK OF SALES IN THE SECOND HALF OF THE YEAR"

What about projected sales in 2004, certainly there must be business for the company that is already booked(then again, you think FFR's rollbar is high, wait till you see an actual Venom up close)..................

Sure makes me want to go out and purchase half the company......All I can say in closing is "let the bidder beware".................



Bill S.

PS: (Edit). no cars sold on Ebay, even though they flooded the market with them over the last three plus months............

Last edited by mrmustang; 02-25-2004 at 02:24 PM..
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Old 02-25-2004, 06:27 PM
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Default

Wasn't it Shell Valley that recently had an article in Autoweek? Or Kit Car , announcing they severed all ties with Team C?
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Old 02-25-2004, 07:33 PM
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Default WOW!

I guess its down hill from here. Thats really too bad. The procuct they offered didnt look half bad. I think with the Number of Cobra mfg.'s out there they have already sorted out (ranked)the established ones. Not many are willing to go with a newbie. You've got to have something better than the rest or offer more to impress people. I dont much care for they're rollbar the way it leans back and the third kicker is almost straight up. It just looks odd to me! Just my .02
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