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Post by jlp4345 on Dec 15, 2016 19:47:01 GMT -5
Looks like the 43 will be single car next year for RPM. They have leased the 44 charter to the 32 team and Matt Dibennadeto has signed to drive that car. I hate they won't have 2 cars but maybe focusing on just one is what needs to happen next year after last year.
Jason
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Post by kbeverley on Dec 16, 2016 22:24:41 GMT -5
deja vous all over again. This seems along the same lines when the taxi fellas came on board to save the day. Who will be the superhero now???
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Post by jessn16 on Dec 17, 2016 17:33:19 GMT -5
At some point you just have to be able to stand up on your own and if you can't, it's on you. I used to get upset/angry at the circumstances in which RPM found itself, but let's be real for a second: A Colorado-based team backed almost solely by a mattress company is now a legitimate contender in the sport. It's not because they were better engineers than everyone else or were backed by Bill Gates or anything like that. They simply made better strategic choices in who they aligned with and how they chose to run their business and they've been rewarded for it. If they can do it, it's possible for RPM to do it and yet they simply have not. Instead, we're a team on par with Front Row (1 rain-assisted win to get each team into the Chase in recent years).
The guys at Medallion Financial are watching their core business model (taxicab finance) threatened by Lyft and Uber. I bought shares of the company last year and watched them tank about 40% in three months. They frequently cut and raise their dividend. Now, a booming economy ought to help a bit, because one of the other major parts to their business is doing loans other banks won't touch, but Medallion is particularly vulnerable to swings in the economy based on the way the company has to do business. In fact, their trading symbol ("TAXI") has been retired because they realize that's not where their business is going in the future. What this means for RPM is that Medallion has to take care of its core business first, so don't expect them to just shower the race team with millions, because the company will never get those millions back.
We've been paying for years for poor decisions made through the 80s and 90s by Richard himself and/or the management of the old Petty Enterprises. But watching Furniture Row succeed, especially coming from nothing and not even from the North Carolina NASCAR corridor, proves that it's not about your name or your money, it's about how you run your business. And at the end of the day, if you're a business owner, that's squarely on you.
Jess
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Post by pb1945 on Dec 24, 2016 17:19:58 GMT -5
I'm not a negative personal, no matter how much is in the glass I'm happy. ( Usually )
But what I fail to see is the following five words or get the feeling.
WE ARE COMMITTED TO WINNING
Absolutely blows my mind that with the millions they spend, we do not hear those words. Not finishing top 15 or even the top ten but WINNING. If I was a sponsor and a serious sponsor for millions I wouldn't be interested no matter whose name was being used.
I'm afraid what we're hearing is the same old.... same old.... it's hard to win out here. Lets get to running better no words about winning. Therefore we have a up coming season of qualifying 25th and finishing 24th.
Someone please tell me I have it all wrong. Someone please tell me they have some inside scoop and there are some serious changes being looked at, 3-4 mph off the pace is a ton. 400 to 500 mile race you are 3 to 4 laps down if you run good. With a few nicely timed cautions you may actually finish at the end of the lead lap.
Feb will be here soon.
Dan
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