Ilmor Acquires Scorpion Racing Engines
03-05-2014, 11:43 AM
#22
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Thanks for the clarification, now it's easy to see what happened. Hate to say it but that's business 101 right there. I know plenty of local people who had a lot more skill than business smarts and ended up in the same boat.
03-05-2014, 12:46 PM
#23
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you know guys none of know the facts so lets just hope its for the better and whish them good luck because they are good for the industry if you want to know ask phill he is also a great guy like us all
03-05-2014, 12:47 PM
#24
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Join Date: Sep 2007
Location: Gaylord, Mi
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That may seem cold but its not meant that way. Im just saying in business you cant "trust" anyone.
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03-05-2014, 10:49 PM
#29
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To everyone, Frank is Scorpian. Ilmor went through the back door and bought the company from the majority owner ,Phil, and promised him a job. Frank had NO say. That would be like someone buying Sterling and not keeping Mike. Would it still be Sterling? I think not. I think that ship is going down and all the race teams are going to jump ship. Goodluck Ilmor
03-06-2014, 12:35 AM
#30
sounds like Frank is in need of a fincial guy to put up some $$ to get another shop. of course a lot of the things can be subbed out to get started again before bringing them indoors. what ilmor gained is? i mean they brag about their technology, their innovation but i am certain they could buy bbc blocks and components and build their own bbc engines. purchasing a company purely for their race team client list is not a smart $$ move as everyone knows there is no big profits in dealing with race teams if any profit at all when its all said an done. if scorpion was soooo profitable then they would not have sold to ilmor in the first place. never take on partners is the moral of this story i guess.
