Anonymous

Holden Cuts Funding

For BAC-013 soure:Motu34 from V8C.

Latest AA reports that Holden has cut it's factory support down to 4 teams. They're giving money to HRT, Kelly Racing, PMM and BJR. Losing the Holden money is GRM, Tasman, Perkins and D'Alberto.

It's basically the same as the Ford deal, the 'non factory' cars won't run the Holden strip on the windscreen, or get any money, but will still get technical assistance, and parts.

Quite clever really to make this sort of announcement in the middle of the off season when no ones paying attention. Unlike Ford who stupidly announced their cuts in the middle of the season, thus gaining maximum negative press, the Holden announcement will barely make a ripple.

It probably won't hurt that much but. Like the Ford teams have shown, the series is strong enough that they can easily replace Ford/Holden as a sponsor, and in FPR/DJR's case, get more money than they were before from non automotive sponsors.

Displaying 1 to 10 of 10 replies

There have been 10 replies to this Discussion Topic:

glenn Albert
  • Joined: Feb '08
  • Total posts: 56

glenn Albert 7:22 pm January 15th 2009

Yet again just another cut and paste job, bit you only got half of it Jordan.
If you wamt to read the rest of this.
http://www.v8central.com/snitz3403/topic.asp?TOPIC_ID=26756

Straight from V8C

SMITHY(Tipping Runner)
  • Joined: Mar '08
  • Total posts: 1149

SMITHY(Tipping Runner) 7:27 pm January 15th 2009

Yeah,but I quoted it!

BTW,who r u on V8C?

Muz…
  • Joined: Feb '08
  • Total posts: 325

Muz... 7:28 pm January 15th 2009

HHHMMMM… i thought I replied to this exact opening post on v8central??.

However, I beg to differ…this will cause the same ripple as the Ford announcment as some teams will roll up without 'Holden' across the windscreen at Clipsal and suddenly it will explode.

However this is the right announcement and the right direction for the sport for Holden to do this.

Interestingly though, AA stated that the Kelly's are only getting full support as they have 1 year left on their contract…..
so this poses the question - if the kelly's are linked with Perkins then it must be a technical alliance, similar to what Brighty is doing with SBR, also…..
Also macnamara indicates that this is performance based, so in effect the kelly's could earn a renewal on this contract.

EDIT - Jordan, well done for quoting your source, but that does not mean you can take a whole document and paste it on another site - it's like a school assignment, you cannot put someone else's work there, pass it off as your own and then say it's alright because you quoted the source, it would still be plagiarism.

James
  • Joined: Feb '08
  • Total posts: 290

James 7:35 pm January 15th 2009

Like Muz said, doesn’t make it all better.

If it is a news article, then sure, thats DIFFERENT, still no good, but it is different.

Anyway, regarding the announcement, like Muz said, it’ll cause the same outcry that the Ford cost cut caused.

BAC-013
  • Joined: Apr '08
  • Total posts: 97

BAC-013 7:41 pm January 15th 2009

the Holden fund cut was bound to happen because GM aren't going too well at the moment in the world with this financial crises and all

and now the question is who will get the cut on the red side?

SMITHY(Tipping Runner)
  • Joined: Mar '08
  • Total posts: 1149

SMITHY(Tipping Runner) 8:13 pm January 15th 2009

Oh,Glenn

glenn Albert
  • Joined: Feb '08
  • Total posts: 56

glenn Albert 8:29 pm January 15th 2009

What Jordan. If you want something that's not topic related just PM me.

jamiefan25
  • Joined: Feb '08
  • Total posts: 494

jamiefan25 12:25 am January 16th 2009

bugger

Rinncup
  • Joined: Feb '08
  • Total posts: 500

Rinncup 7:04 am January 16th 2009

does it really matter if he takes info from one forum and puts it on another.
i dont read the other forum so i dont really get whats going on but im grateful for the information.
prehaps he just finds it interesting and whats to share

this site is so nasty to each other, let go of things its a real bore to read all this rubbish every freakin day

SMITHY(Tipping Runner)
  • Joined: Mar '08
  • Total posts: 1149

SMITHY(Tipping Runner) 8:01 am January 16th 2009

Yeah,I just think it’s interesting and we should know so I post it.

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