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Mark Skaife Retires

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Racin Jason

Active member
quote:Originally posted by bigcol

Joe's a wanker.

With Courtney coming to DJR we can look forward to Joe's company a bit more often! It should be a bit of fun!:D

I know it was TIC Beej! I just couldn't resist a pot shot![sts]
 

Poita

Administrator
Just went through the fastest lap times for race one, there can't be any more reason for him not to retire now. He had the 2nd slowest fastest lap excluding Richards and Courtney, for obvious reasons.

1 7 Todd Kelly 0:53.1947*
2 88 Jamie Whincup 0:54.0057
3 5 Mark Winterbottom 0:54.0689
4 18 Will Davison 0:53.6835
5 9 Shane Van Gisbergen 0:53.5183
6 888 Craig Lowndes 0:53.8354
7 25 Jason Bright 9 0:53.6661
8 17 Steven Johnson 0:53.9229
9 111 Fabian Coulthard 0:53.6267
10 33 Lee Holdsworth 0:54.0028
11 3 Jason Richards 0:53.7120
12 777 Michael Patrizi 0:55.0817
13 39 Russell Ingall 0:53.5555
14 14 McConville 0:53.6364
15 50 Andrew Thompson 0:54.0622
16 51 Greg Murphy 0:53.7053
17 34 Michael Caruso 0:53.5173
18 26 Marcus Marshall 0:55.3698
19 15 Rick Kelly 0:53.6843
20 1 Garth Tander 0:53.1973
21 16 Paul Dumbrell 0:53.8675
22 12 Andrew Jones 0:54.2168
23 67 Paul Morris 0:53.5696
24 55 Tony D'Alberto 0:54.6291
25 2 Mark Skaife 0:55.1472
26 021 Daniel Gaunt 0:54.0767
DNF 11 Jack Perkins 0:54.2050
DNF 6 Steven Richards 0:58.9386
DNF 4 James Courtney 0:59.4007
 

Nascar12

New member
Hard to believe how he's slipped so much esp. in the last half of this year.
I reckon he is purposly in cruise mode not pushing it at all, letting the whiz kid Tander to fight his own battles now that he's a big boy now.
 

DJRMAD

New member
I spoke to Daniel Gibson on the weekend, he told me that there has been some unhappy people that are supplied by Walkinshaw. It appears that Walkinshaw is manipulating the results, apparently the Skaife car has been a total pig to drive for the last few rounds and John Kelly is in dispute with Walkinshaw because his cars are about 12kmh slower in a straight line than Tanders. Bit more going on here than meets the eye. Also word is that Larry Perkins has his licences up for sale or lease, he wants to lessen his exposure to the economic slowdown and just wants to supply engineering services. Also spoke to Charlie, he indicated that there were several driver options for DJR next year and that there were several poeple prepared to pay for the seat. He didnt sound to excited with the Steve Johnson option?
 

TS-50

New member
quote:Originally posted by DJRMAD

I spoke to Daniel Gibson on the weekend, he told me that there has been some unhappy people that are supplied by Walkinshaw. It appears that Walkinshaw is manipulating the results, apparently the Skaife car has been a total pig to drive for the last few rounds and John Kelly is in dispute with Walkinshaw because his cars are about 12kmh slower in a straight line than Tanders. Bit more going on here than meets the eye. Also word is that Larry Perkins has his licences up for sale or lease, he wants to lessen his exposure to the economic slowdown and just wants to supply engineering services. Also spoke to Charlie, he indicated that there were several driver options for DJR next year and that there were several poeple prepared to pay for the seat. He didnt sound to excited with the Steve Johnson option?


The option of Steve staying ? . . . or going??[help]
 

4EVER17

New member
I think Skaife will announce a comeback early next year & probabley with Larry Perkins outfit after Tod goes to SBR with the Jd sponsorship in tow, Will to stay at Jmbeam and it`s Sj that`s going to HRT with the number 17 in tow. To my way of thinking, Lowndes going to Ford was BIG news and never beaten but Johnson going to Holden with the number 17 would kill the pig and is just what holden needs at the moment to try and claw back some of the lost ground it has given away this year. Paul Morris retires and Rick Kelly moves to Qld with Tod and goes to PMR with Red Bull & Supercheap sponsorship. PCR becomes TKR with Fabian & Steve.O. Hang on a minuet what about T8 having a third car with Sj as the pilot. NOW! I`d love to see that!
O`h crap! To many senarios & To many Black Douglases................! I`m out of here>>>>>>>>>>>>![sc]
 

XYGTReplica

New member
Skaife may lose everything: report

07:04 AEST Mon Dec 1 2008

Latest Motor Sports:

Retiring Australian motor sport champion Mark Skaife reportedly faces financial ruin, owing $3.6 million after a business deal gone bad.
News Ltd says the Holden driver, who will compete in his final V8s race after 21 years in the sport this weekend, could lose all of the assets in his own company, Skaife Sports, because of a $3.6 million loan to Scottish racing magnate Tom Walkinshaw.
The losses could include the Holden Racing Team (HRT), one of the most famous and lucrative brands in Australian sport, if he defaults on a multi-million loan.
The newspaper said the five-times Bathurst champion and his wife and children are living in a rented flat after they were forced to sell their Toorak mansion.
Australian Securities and Investment Commission documents obtained by News Ltd showed Skaife sold the mansion about the same time he traded "debt for equity" with one of Walkinshaw's Australian firms, Real Racing.
Walkinshaw, who once owned HRT, bought half of Skaife Sport in September last year in a deal News Ltd said was struck to relieve debt the company owed to another of Walkinshaw's companies, Walkinshaw performance.
Under an agreement with Holden Motorsport, Walkinshaw Performance supplies racing services including engines, engineering and paint to HRT.
Walkinshaw denied allegations price rises from his company had forced Skaife into a financial corner, saying a sponsor had defaulted on Skaife.
 

TS-50

New member
So was Skaife forced out by TW ?


AUSTRALIAN motor racing legend Mark Skaife, living with his family in a rented three-bedroom flat in Melbourne, is facing financial ruin.

In one of the saddest stories in Australian sport, five-time Bathurst winner Skaife will walk away from his glittering 21-year touring-car career at Oran Park in Sydney this weekend in danger of losing his business empire.
An investigation by The Courier-Mail has uncovered details of a series of business transactions that have left Skaife's company, Skaife Sports, owing Scottish racing magnate Tom Walkinshaw $3.6 million.

Had he not faced such immense business debts as owner of the Holden Racing Team he might not have quit as a driver at the age of 42.

Documents obtained from the Australian Securities and Investments Commission reveal the Holden icon risks losing all his Skaife Sports assets, including one of the country's greatest sporting brands HRT, if he defaults on the multimillion-dollar loan to Walkinshaw.

Skaife, who won his first Bathurst in 1991, rose rapidly to the peak of the sport.

Hugely popular, the Melbourne-born driver is known for his aggression on the track and outspoken attitude off it.

"It's a sad situation," a source close to Skaife said. "He doesn't deserve this."

Skaife last year sold his family home in the exclusive Melbourne suburb of Toorak about the time he traded "debt for equity" with one of Walkinshaw's Australian-based companies, Real Racing.

Skaife and Walkinshaw agreed on a deal that would see 50 per cent of Skaife Sports transferred to Real Racing in exchange for debt relief.

Walkinshaw, himself a successful touring car driver and former owner of HRT, then obtained 1,750,000 shares in Skaife's company.

Walkinshaw Performance, formerly Holden Motorsport, is contracted to provide race services to HRT.

"Under the arrangement with Holden Motorsport, prior to Walkinshaw owning the business, the team received favourable costing and monthly bills for all the services required to run a race team," the source said.

"But the accounting systems changed under Walkinshaw and Skaife Sports found itself in massive debt. Instead of monthly costings he got a yearly bill which took him by surprise and he could not pay it."

A 47-page contract between Skaife Sports and Walkinshaw Performance was then drawn up to address a "shortfall" relating to a $3.6 million debt.

The document shows that Skaife is at risk of losing Skaife Sports and control of HRT if the terms of the loan agreement are not met.

It is also alleged that Skaife's dire position was contributed to by his major sponsor, Holden Special Vehicles ? also owned by Walkinshaw ? not paying the sponsorship amount for two years.

The pressures on Skaife grew to the point where he is now renting a flat with his wife Toni and daughters Mia, 2, and Tilly, 1. He also has a son, Mitch, from a previous relationship.

Walkinshaw has dismissed any suggestion his financial arrangements with Skaife led to him quitting the sport.

Walkinshaw said in London yesterday he had no issue with the driver and as far as he was aware Skaife just wanted to step aside for a younger competitor.

"Skaife retired," Walkinshaw said. "He announced his retirement six weeks ago."

According to the millionaire HRT co-owner, Skaife's debts pre-date Walkinshaw's involvement with the team.

"His debt goes back to money he owed Holden five years ago, so it has nothing to do with me," he said.


So could Ross actually be right?
will we see a comeback for Skaife or will he be content to become a commentator (probably on 6 figures)

Whatever we need rid of this grub walkinshaw.
 

TS-50

New member
I probably should have highlighted the part where it says that the sponsor that did not pay Skaife Sports was , a TW company, Holden Special Vehicles. says it all really.

it seems that TW has orchestrated this from before his Bankruptcy to use Skaife as a sucker and to force him out with nothing when his usefullness is gone.
 

Gerry

New member
Walkinshaw always was and always will be a grub.
The bit about his company not paying the sponsorship then possibly ending up with the lot is just so..............well...................Scottish!
 

Racin Jason

Active member
Like Skaife or not, he doesn't deserve this. Maybe there is an important life lesson for everyone in all this. If you lay down with dogs, you get fleas. I hope for his and his family's sake he finds a solution.
 

Maddog

New member
Yeah exactly i dont like the guy but no one deserves to be shafted like this. I always wondered why they got Walkinshaw involved the guy is a maggot. Even back to the Sierra days when he protested every car i the field nearly.
No wonder the Kelly's wanna distance themselves from bein involved with W.P good luck Willbo!!
 

TS-50

New member
This looks to me like that parrasite has set this up to get rid of a well passed his used by date, Skaife, and force him out of not just the drive but any control of the team or income from merchandice, remember that Skaife Sports owns the brand identity and the intellectual property rights over HRT and the drivers etc,

I'd say a deal will be reached that Skaife hand over his interest and all will be squared off, leaving him with a hard earned lesson about who you can trust and little else, which is funny because he usually come accross as a bit of a know it all.

Skaife was stupid to think that he was ever really the owner fo anything and any good businessman will tell you that you don't tei up everything in one company you need to distance by three every personal asset, and every company asset from each other to protect your self, it doesn't appear as if Skaife has done that.

Poor cant! he's screwed.
 

HSV Raiders

New member
TW is definately the sports biggest [jk] and its a pity Skaife had to learn the hard way. At least the Kelly Gang appear to have learnt from MS mistakes and are deserting the soon to be sinking ship.

Oh and how is this for a speculator, the 4 car team between perkins and kellys todd staying in the perkins JD car and JNR coming over with the number 17 to drive along side Rick for the Kellys. Id like to see that... :D

Cars 15, 16 and 17.....
 

Racin Jason

Active member
quote:Originally posted by Holden V8 Supercars

TW is definately the sports biggest [jk] and its a pity Skaife had to learn the hard way. At least the Kelly Gang appear to have learnt from MS mistakes and are deserting the soon to be sinking ship.

Oh and how is this for a speculator, the 4 car team between perkins and kellys todd staying in the perkins JD car and JNR coming over with the number 17 to drive along side Rick for the Kellys. Id like to see that... :D

Cars 15, 16 and 17.....

Dreaming!:D
 

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