23rd Nov2017

UMC Settlement Details

by Michael Chandler

IF you listened to this week’s podcast, and made it to the end, congratulations!  It’s a trek.  If you did that, then you’ll remember how we talked about the settlement Tooele County and Centerpointe/Andrew Cartwright reached, and how that could affect the sale of the property.  Well, thanks to some reliable sources who were there and posted details on Facebook, we can bring them to you!

The Money

In total, Andrew Cartwright and Centerpointe will be receiving $1.5 million dollars.  The first $750,000 will be distributed upon dismissal of the lawsuit in the courts.  The second $750,000 will be distributed when the track is sold OR March 31, 2018 hits.  Whichever comes first.  Why they’re getting that $1.5 million, and the conditions are in the glorious, glorious details

The Details

The biggest, and most welcomed one, is that Cartwright and Centerpointe and affiliated parties CANNOT BE PART OF THE BID/SALE/PROPOSAL PROCESS MOVING FORWARD.  They won’t be buying the track!!!  At least that’s how I’m reading this.  Also, Centerpointe’s first lawyer is making a claim to a portion of that settlement money, BUT that’s an issue between the lawyer and Centerpointe and shouldn’t have any effect on the sale process moving forward.

Other Important Stuff

We don’t know if the county is going to restart the proposal process, open it up to bids, or transfer it to an RDA and sell it to an existing party from there.  Personally, I think it should go into the RDA and be sold to an existing party.  Probably the one that’s currently managing the facility and has expressed interest in upgrading and making the facility better for us all.  

All three of the county comissioners voted in favor of this, and one believed that this (getting a settlement) was Cartwright’s plan the whole time.  If that was, then A) he took the really long and complicated route to get $1.5 million B) was probably hoping for more and C) wasn’t counting on one of his attorneys making claim to some of that money.  Call me crazy, but I think there are easier and quicker ways to make $1.5 million dollars.  

Anyway, there you have it.  You know all of what we know, and you got some of our opinions to boot!  It’s a Thanksgiving miracle.  We’ll have more on this as it develops, and we want to hear from you on this!  Is this a good move?  Should MiTime buy the track, and move forward with their plans?  What would you have done?  Are a cardigan and some khakis appropriate Thanksgiving attire?  LET US KNOW!

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10th Nov2016

Hiroyuki Hasegawa, Co-Founder of HKS, Dead at 71

by Michael Chandler

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Hiroyuki Hasegawa, co-founder of legendary tuning company HKS, has passed away at age 71.  The company released a brief statement, which contained no specific details of his death.

Founded in 1973 by Hasegawa and Goichi Kitigawa, and with an investment from Sigma Automotive, HKS has been one of the premier tuners in the world.  Crafting everything from one of the fastest R35 GTRs in the world (pictured above), to outright drag racing monsters, top speed machines, and even developing a Formula 1 engine, HKS cemented itself in the lexicon of those who know about speed and craftsmanship.  

A former Yamaha engineer, Hasegawa worked tirelessly to develop and release his first aftermarket turbocharger kit in 1974.  From there his company developed many turbo kits and upgrade kits, eventually developing electronic devices that would become staples in the tuning world: boost controllers and turbo timers.  HKS has been involved in all levels of motorsport, from D1GP to JGTC, Formula 3 to drag racing.  Demand became so great that the company expanded into the United States, Europe and the United Kingdom, and Thailand.

*Article and Photos are copyright of CAMautoMag.Com and their respective owners.
12th Oct2015

Weekend Round Up October 10-11

by Michael Chandler

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Many things happened this weekend, perhaps you missed something.  Don’t worry, we did too, BUT we’re bringing you the highlights right here!

Craig Lowndes Gets 6th Bathurst 1000 Victory

Steven Richards was also driving the car, but not at the same time as Lowndes.  Lowndes did it without hands for a bit though, so that’s something.  The win in Australia’s great race was Holden’s 13th.  Lowndes’s Red Bull Racing Australia teammate, Jamie Whincup, set a lap record in the closing laps of the race while in 18th place. Mark Winterbottom and Steve Owen in the Pepsi Max Crew Ford Falcon finished the race in second, fighting back after receiving two black flag penalties.  Garth Tander and Warren Luff, in the Holden Racing Team Commodore, rounded out the podium.  The first ever all female driver line up of Simona de Silvestro and Renee Gracie finished the race in 21st.

Mercedes Locks Up F1 Constructor’s Championship

 

Mercedes, as a team, needed to score a total of 3 more points than Ferrari to secure the championship.  Lewis Hamilton winning the race overall helped, Nico Rosberg retiring didn’t.  With Sebastian Vettel in second and Kimi Raikkonen in fifth made it look like Mercedes would have to wait, but then Kimi challenged Valtteri Bottas in a turn and proceeded to punt his fellow countryman.  Kimi, who knows what he’s doing, was awarded a 30 second penalty for this act of Fin on Fin violence. That 30 seconds put him in 8th, and that allowed Mercedes to win back-to-back constructor’s titles.

Patrick Dempsey Won His First WEC Race

 

The Fuji 6 Hour was a wet affair, but Patrick Dempsey and Marco Seefried didn’t seem to mind as they took the win in the GTE-Am class.  The win is Dempsey’s first in World Endurance Championship competition, and was another win for manufacturer from Stuttgart.  Porsche finished 1-2 in LMP1, with the #18 919 Hybrid being ordered to let the #17 of Mark Webber, Brendon Hartly and Timo Bernhard take over the lead.  The reason for the order was because the driver line up in the #17 car has a better chance of winning the driver’s championship.

G-Drive Punts KCMG to Take Lead in WEC LMP2 Championship

Entering the race KCMG was ahead of G-Drive for the LMP2 Championship.  During the race, both G-Drive drivers (Romain Rusinov in the #26 and Gustovo Yacaman in the #28) mixed it up with the lone KCMG entry, driven by Richard Bradley.  Rusinov battled hard, and made contact with Bradley.  The Stewards ruled the contact part of racing for the lead and issued no penalties.  They were both on the lead lap, the #28 of Gustavo Yacaman was a lap down.  After the final fuel stops, Yacaman spun Bradley, which forced the KCMG car to pit for a new tire.  After fighting back to third place, Yacaman then punted the KCMG.  KCMG received a DNF, and Yacaman’s actions are under investigation.  As of now, the #26 G-Drive car holds a 12 point lead over KCMG’s lone #47 car in the LMP2 Championship.

Joey Logano Wins In Charlotte, But This Happened Too

 

Kyle Busch (in the pink #18) kinda looked like he was going to duck into the pits, and Kyle Larson (in the #42) decided he wanted in too.  Busch didn’t get on pit lane, at least not by choice.  Kyle Larson, from high on the track, came all the way down in a gloriously failed attempt to pit.  Larson hit Busch, and the Commitment Cone, and both wound up on pit lane.  Larson managed to not hit the wall after spinning, and they both managed to stay on the lead lap.

Fredric Aasbo Wins in Irwindale

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He had a commanding lead heading into Forumla D’s final event of the season, and he kept it.  The win secured his Formula D championship, his Formula D World Championship, and helped Scion and Hankook lock up their respective championships in the series as well.

And there you have it, all the weekend’s highlights in one place so you can get on with your day.

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