GEICO vs SBI ???
 

just saw this. wtf ?

http://www.boats.com/boat-content/20...international/



what went wrong

what went wrong[/QUOTE]

JC is what went wrong.

JC is what went wrong.[/QUOTE]


Many Many years ago it is just catching up with him now

not a shock to me -just more of the same BS he threw around - a Con is a Con - and he is a Con !

I can not speak to the above issue; however, I raced with SBI during much of the 90s. I always had a good time, did not have any issues with the management of SBI, and got paid, every time we were on the podium.

I guess they really were the 'good old days'.

I've known Big John for over 30 yrs. He has always been a standup guy to me. There are always two sides to every story.

T.

Not meaning to be negative because there are some good people in the marine industry...but for every good person it appears that there are about 10 lurking in the shadows. I was involved in the industry for about 4 years and can't even begin to explain to you how happy I was when I finally parted ways. I met and became friends with a lot of great people...but I also met a lot of people I wouldn't throw a life preserver to. I think you really need to watch your back when dealing with people (not just in this industry)...the nice thing is a public forum like this appears to expose people for who they really are and helps other avoid being the target of less than scrupulous people.

Please note that I didn't pick any sides on this...but apparently someone is wrong here.

:coolcowboy:

I suppose that is true.

At least this story appears to be in writing in the way of contracts in which JC is accused of breaching.

I would love to know who's check the CBS Morning Show cashed for this Public Service Announcement:

[youtube]http://www.youtube.com/watch?v=FPzXGHx-no8[/youtube]

WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!

That is not good press for Offshore Powerboat Racing. The CBS Morning Shows Public Service Announcement was great and Offshore Powerboat Racing needs more of that type of press.

To the best of my knowledge, Haggin reached into his own pocket to pay for that coverage...

you have no idea how true this is!!

Unfortunately I have to agree also.
Steve

[QUOTE=SHARKEY-IMAGES;3054688]To the best of my knowledge, Haggin reached into his own pocket to pay for that coverage...[/QUOTE


Tim, I agree, there is no one in Offshore Powerboat Racing that has payed more money out of their pockets, then John Haggin. In fact I truly believe that John has brought Offshore Powerboat Racing to the level of professionalism and has promoting the sport to where it is today and where it is going tomorrow. Without his dedication and financial help to the sport, it wouldn't have moved in the direction that it has. My comment was that it is not the kind of press that is good for the reputation of Offshore and not anything other then that.

the real question is... how many other people are out there that are going to jump on this with money lost(if there are any other teams)and make this case stronger?

[QUOTE=AB From Windsor;3054748]Not good for the reputation of SBI.

Keep in mind, this is Geico "The Company" vs SBI
It is NOT AMF or MGR in the suit.

Their "SPONSOR" has filed suit to get their money back with the breach of contract by SBI.

Exactly! Im sure there are teams that came to race, and have aquired some kind of sponsorship due to the announcement of tv. Without TV, I'll bet they're asking for their money back. As they should. I know I would be upset if I secured sponsorship based on a promise of TV coverage, and then there was none.

Wow...thats f@#ked up....I hadn't thought about it that way.....not only were the current sponsors screwed but why would any potential sponsor even consider offshore racing with that kind of track record of not delivering?...this in not only a blow to SBI but to all offshore racing organizations

That's bad enough. In this situation, it seems that Team Geico paid to help get the TV airtime. This would've benefited every team. But the money never found it's way to the proper place. We're all still learning more about the situation, but all of us got excited when the CBS Sports deal was announced. Then we all got blue-balled when nothing hit the air.

Many boats had CBS Sports labels on them, but the lawsuits claims, SBI and the C's never actually lived up to their side of the bargain.

I'm glad Team Geico is pursuing this route. We could see a revolutionary change in the racing circuit structure and finally, some real TV coverage that will help all teams attract more sponsors.

John, Scotty and Marc have done more for this sport in the few years that GEICO has sponsored them than anyone else I can remember........they are the ultimate race ambassadors.....

BUT, remember, even before having GEICO, John put up his own money, BIG TIME, not only for his team, but for all of us racers, our friends, families, sponsors and fans..........there wasn't a person on any of the race sites that wasn't welcomed, fed and given absolute, unconditional hospitality by John and his group........and there was never a racer in need of a part if John had it in his trucks..........and John has never asked for anything in return from anyone, other than a hug and a high five..........when he came on the scene, the whole game changed, for the better...........I am proud to know him....SBI will miss MIss GEICO.....

....and yes, I switched the carrier for all my toys to GEICO........

Gotta love this! Geico in the spotlight and the first boat coming at you at speed is a Fountain.

Lucky for them the announcer didn't ask for a 200 mph ride in the Caveman boat.


P.S. No offense here to the Gieco guys.

Not sure what you mean??

He is talking about the video that Sharkey posted from NYC ....

:ernaehrung004:

What puzzles me is that this industry is not that large...rumors go one of three ways...they come to fruition as the truth, a lie or sometimes incorrect information.

I'm not saying anything about anyone on either side here...this is hypothetical. How do people who screw people in an industry this small continue to do it...again and again...over and over...time and time again?

I don't think it's because the offshore community is forgiving or forgetful...but for the world of me, I just can't figure it out. If you burn me once, shame on you...if you burn me twice shame on me...that saying might be old, but it's true.

It's just odd to me how this industry seems to pull such "dishonest", for lack of a better term, people out of the woodwork...they conduct business, take advantage of people, somehow or another sleep well at night (maybe they take Ambien) and then get up the next day and do it all over again.

Someone, help explain this to me.

My 2 cents for what its worth.... This is a problem between Gieco (the company) and SBI that they have decided to settle in court. The only effect this has on any of use is that it's a news story. Neither party has asked for help from the boards. Both parties are involved in attempting to continue the sport. Collectively we should probably allow these two parties to take care of their buisness on their own. Trashing either party does nothing to further the sport. SBI has races scheduled, Gieco is supporting races. Turning this into a Long Duck Dong tricks national marine thread will bring no remedy to either party or benefit anyone here. It is a private matter between 2 parties and we should probably respect that as we have nothing to gain, but much to loose draging these parties thru the mud.

If you steal $1000 from 100 people, they all hate you and your know as a crook. If you steal $100,000 from one person but are nice and generous to 99 others, only 1 person knows your a crook and your still a hero with 99 people testying to how great your are on this website and others. I cannot fathom why or how so many people on this board stand up for liars and cheats because they really are "great" people, despite the fact that they screwed over a dozens of people for hundreds of thousands of $$$.

This post has nothing to do with SBI or Geico, just an observation on this industry in general and my personal experience with another company.

Gieco in lawsuit with JC or SBI Gieco is a big gun !But the wrong judge rules in favor of SBI Gieco may look bad in the end?

Since AMF arrived at on the scene, Haggin's money and now Geico's Money has always been spent on promoting the sport!
Unfortunately, as they arrived on the scene so did the vultures,
There are numerous people that have tried to get their hands in the cookie jar.

There are a lot of poser's, and greedy people out there, singling them out is easy, because when the money is all gone so are they.

Thats unfortunate.. thats why this sport will never get the same attention with anything in the car industry..racing.. Too much politics=Too much Bullsh!t.

Tim,
SBI put that together at no cost to Geico

Everyone one is jump the gun,and only telling ine side of the story. Why is not any one asking where the other $ 850,000.00 gieco was going to have to pay for the TV and never came up with it. That might be part of the reson the tv never happens.
The guy that put the deal together and was the GM for Gieco is now in Federal prisin for doing somethign like what he did to sbi hmmmmmmmmm....
The other is on this storey will be out soon but not on here. like others have said the court will deside. but it went be good for offshore ether way.

I think you just explained it to me very well...it's starting to make a lot more sense now!! What a shame though.

SBI had nothing to do with that, GEICO set it up and paid for it.

Actually the vultures were there long before Geico or AMF arrived. Truth be told, the sport originally was populated by racers who could easily provide their own parts, food, and hospitality. In fact there was a vast number of people who would break your arm before allowing you to pick up a dinner check. With that foundation you always had a large number of "hangers on" and groups that became expert at fleecing the race teams, but back then they received Dom Perignon, hotel suites, first class airfare, and in some cases piles of cash. Today you have people who will fall all over you if you give them a lobster tail...or a trim cylinder..... but the big money will always swirl around sponsorship and promotion....... which is only satisfied with television coverage. Once the "real" TV left the sport, the power, and prestige followed it right out the door. Now the promise of a TV package ( hilariously "proven" by a handful of CBS stickers) stirred up an enormous, empty headed windstorm of enthusiasm...and apparently quite a few bucks.....

Bottom line...and with all due respect to the generosity of the well meaning people at AMF..........the only person, organization or team that should be lauded as acting "For the good of the sport" is the one that gets this rolling circus out of the rut it is stuck in. Until then all the (free) balloons, beer, buffets, and borrowed tools aren't worth any more than the pile of bullsh*t laughingly remembered as the CBS TV package.

T2x

(Disclaimer: The above is strictly the opinion of T2x ( a colorful but fictional character), and does not in any way reflect the view point of this website, the American Broadcasting Network, The APBA, OPA, OSS, Rich Luhrs or his 6 Rottweilers)

Bingo RL!

And, I might add, that the real show is offshore, running ocean courses. Running laps 100 yards off the beach doesn't excite anyone and makes for poor television.

I used to beat my head against the wall trying to get people to understand the concept that 5 helicopters with cameras will give us 1,000 times the coverage in the middle of the open ocean vs. the menial amount of spectators who would line the various shorelines. Who ever decided that offshore racing should be a "stadium sport" was taking us in the wrong direction, and after years of smaller venues, smaller budgets, and smaller fuel tanks, it will be interesting to see if we, as a sport, can ever return to where we were 20 years ago.

Fortunately, this new breed of turbine powered super cat can weather the open water and with the backdrop of a landless open sea, the average viewer will have a hard time changing the channel.

T.

Unless they explode in a cauldron of blood, aviation fuel and salt spray. Few remember that the Unlimited hydros lost at least 10 years of coverage as a result of two consecutive network broadcast races back in the mid 60's ("Black Sunday" and the following race) in which four drivers were killed in 3 separate accidents.

200 mph may be amazing.....but death gets chased from mainstream TV.

Few understand the concept of speed/ size ratio. I know you do. The time for 60' cats with 17' beams is now. Yes, the 200 mph speeds are concerning, but the bigger the boat, the safer the speed. This could bring the sport back to South Florida in a self induced captivity, as these new, super cats would be too big to travel over the roads.

You have 6 Rotweilers?:party-smiley-004:

Yea, I realize the vulture's were always there! just the name's have changed to protect the innocent!