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Why did Donzi fail?

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Old 12-10-2020, 07:06 AM
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I love a 22, don't misunderstand me. I especially love them with smallblocks. Ive run one to 100mph with an 800hp blower motor as well. In fact I bet ive driven over 30 22s. They are immensely popular in our area. My favorites are the late 90s 502 MAG era. The X-Dimension was perfect and it was before they got cheap on the glass. A lot of the 496 boats had bottom cracking issues. The point being, for the price the boat should come with a more modern bottom. In my opinion at this point it should be a restomodded boat. We all know they porpoise with big blocks and roll in the turns. Why not tweak it a little and fix those things? Obviously without changing the look and feel. You're paying for a restored 69 Camaro thats all C7 Corvette underneath. What you get is a 69 Camaro thats all 69 Camaro underneath. Reminds me of Harley. Id be willing to bet 150k would get you near Tuff territory. Put your 525 in a 24 Tuff ittl run 100+.
Donzi is more than capable. The 38 ZR bottom is a masterpiece.

Last edited by TeamSaris; 12-10-2020 at 07:12 AM.
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Old 12-10-2020, 07:19 AM
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Originally Posted by TeamSaris
I love a 22, don't misunderstand me. I especially love them with smallblocks. Ive run one to 100mph with an 800hp blower motor as well. In fact I bet ive driven over 30 22s. They are immensely popular in our area. My favorites are the late 90s 502 MAG era. The X-Dimension was perfect and it was before they got cheap on the glass. A lot of the 496 boats had bottom cracking issues. The point being, for the price the boat should come with a more modern bottom. In my opinion at this point it should be a restomodded boat. We all know they porpoise with big blocks and roll in the turns. Why not tweak it a little and fix those things? Obviously without changing the look and feel. You're paying for a restored 69 Camaro thats all C7 Corvette underneath. What you get is a 69 Camaro thats all 69 Camaro underneath. Reminds me of Harley. Id be willing to bet 150k would get you near Tuff territory. Put your 525 in a 24 Tuff ittl run 100+.
Donzi is more than capable. The 38 ZR bottom is a masterpiece.
Well said.
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Old 12-10-2020, 09:48 AM
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Originally Posted by TeamSaris
I love a 22, don't misunderstand me. I especially love them with smallblocks. Ive run one to 100mph with an 800hp blower motor as well. In fact I bet ive driven over 30 22s. They are immensely popular in our area. My favorites are the late 90s 502 MAG era. The X-Dimension was perfect and it was before they got cheap on the glass. A lot of the 496 boats had bottom cracking issues. The point being, for the price the boat should come with a more modern bottom. In my opinion at this point it should be a restomodded boat. We all know they porpoise with big blocks and roll in the turns. Why not tweak it a little and fix those things? Obviously without changing the look and feel. You're paying for a restored 69 Camaro thats all C7 Corvette underneath. What you get is a 69 Camaro thats all 69 Camaro underneath. Reminds me of Harley. Id be willing to bet 150k would get you near Tuff territory. Put your 525 in a 24 Tuff ittl run 100+.
Donzi is more than capable. The 38 ZR bottom is a masterpiece.
It's a Donzi thing. My 525 22 does not porpoise unless I deliberately induce it. The roll in turns is easy to handle with some seat time and mastering the tight, rub rail dipping turns is very satisfying. Anyway, this topic's been beat to death. If you want a modern hull, buy a different boat. Mine goes on the Great Lakes and is very predictable even launching off huge wakes that seem to come from nowhere sometimes! My only caveat is that I cannot let anyone else drive it! My 2005 model which I bought new with a 496 did have the cracking issue. I caught it early and Donzi paid to have a reinforcing kit glassed in. I did some additional reinforcing of the bottom when I powered up. I wouldn't change a thing on my hull.
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Old 12-10-2020, 03:02 PM
  #34  
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Originally Posted by Wildman_grafix
Question,

I didn't know there was a 45 ZRC?

The ZR's were 35, 38 and 43 weren't they?

The 35 and 38's are still priced high on the used market that is for sure. Liked the ones with the drop down rear seats.
This is what "I" would do if I had the company:

There was never a 43/45 ZRC built but one was in drawings and plans were there.
There should be a 27' classic similar to the Squadren or Magnums of old.
I would update the whole ZR line (the 35 and 38 were technically closer to 36 & 39 already)
The 27 ZR was not a good boat both performance or cost wise to build.

Last edited by Tom A.; 12-10-2020 at 03:05 PM.
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Old 12-12-2020, 10:25 PM
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The owner of the Iconic Marine group just recently sold off another piece of his business empire for 1.4 billion. That's billion with a B. I'm relative sure he's not spending a lot of sleepless nights worrying about which Donzi models are selling or what our opinions of them are.
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Old 12-13-2020, 07:05 AM
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Originally Posted by FlyenBrian
The owner of the Iconic Marine group just recently sold off another piece of his business empire for 1.4 billion. That's billion with a B. I'm relative sure he's not spending a lot of sleepless nights worrying about which Donzi models are selling or what our opinions of them are.
If he owns Donzi, maybe he should. Why own it if you don't care?
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Old 12-13-2020, 07:09 AM
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Originally Posted by FlyenBrian
The owner of the Iconic Marine group just recently sold off another piece of his business empire for 1.4 billion. That's billion with a B. I'm relative sure he's not spending a lot of sleepless nights worrying about which Donzi models are selling or what our opinions of them are.
What did they sell? Some people from Donzi were trying to buy the company before Iconic got it. Also, for the record, Donzi never filed bankruptcy although they were certainly getting close to that point.
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Old 12-13-2020, 09:33 AM
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At that price they probably sold something not related to boats.
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Old 12-13-2020, 10:25 AM
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He sold a Trucking company.

https://www.lakeexpo.com/news/busine...41.4%20billion.
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Old 12-13-2020, 10:55 AM
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Originally Posted by FlyenBrian
The owner of the Iconic Marine group just recently sold off another piece of his business empire for 1.4 billion. That's billion with a B. I'm relative sure he's not spending a lot of sleepless nights worrying about which Donzi models are selling or what our opinions of them are.
You do realize that Fred Ross isn't getting 1.4 billion right? Blackstone Group was the majority owner of that trucking company and it was repeated in the press release.

In addition, existing CTOS shareholders, including certain funds managed by The Blackstone Group, Inc. ("Blackstone"), in its capacity as the current majority owner of CTOS, and certain members of the CTOS management team, are expected to invest approximately$100 millioninto Nesco in exchange for newly issued common stock also at the same price as Platinum

So Blackstone made the decision to sell/merge the company since they are an investor group trying to make money. Ross is the CEO and will stay on to run the new venture.

Last edited by Jupiter Sunsation; 12-13-2020 at 11:02 AM.
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