Mercury to Lose Lake X
 

I recently heard (fromt an excellent source) that Mercury will be losing its lease at Lake X next year. I'm sure they will find a perfectly good replacement test site, but it was always kind of cool to read about the mysterious site.

thought mercury owned lake x and the property around it:confused:

No they dont own it. The sold it about 20yrs ago and have been leasing it.

I heard they have a new Lake X around panama city.

I read the same thing. I wonder if the new place will be a secret stomping ground also.

the kirchman corp owns the property. They are here in Orlando, it is a banking software company.

I heard that the new Lake X will be in Fountainville NC, Also heard that merc has a piece of Fountains Business.

I'll bet the deal was Carl owned the lake and leased it to Merc. When he died estate sold the property.

caferacer is correct.
This news of Lake X was mentioned 2 years ago on here...thats why they scrambled to get in bed with Fountain $.
They will be a strong team together.

Mercury's new test facility will be near Panama City Beach , FL . I wonder if they will try and take ELVIS with them? BH

Elvis....you mean Evil Kinevil:D

I heard from a very reliable source it's going to be on a lake in Oklahoma. They are moving in March. Lake x is a very cool place. It's too bad. NK

From what I heard, You are Right on track. What would be better? Kick -ss hull and Kick -ss power. Look out Pamliico river. Its gunna get louder and faster... BUT thats just a RUMOR.....LOL

We have a few ponds here in Oklahoma that would work fine for Merc. Does get a little cool in the winter but hey, they could do their cold weather testing. We would love to have them.

I don't think Elvis would like the winters.

This is what I have heard as well- just this week from a boat mfg. local to the area.

Maybe they are going to have a lot of facilities :D:D Very sad to see the original go. We have lost a lot of historical to our sport places in the last few years. Very sad.

Jon

Jon right 188 St and now Lake X What's left of the past?

me!

Regardless of where the "NEW" Lake X is I don't think it will have half the appeal from a nostalgic standpoint. Lake X has had the "cool factor" it does for so many years because of the secret testing and limited access that it had for so many years. Either way, I hope they name the new location something different. I think Lake X needs to stay at the Saint Cloud location. I hope the new location is kick arse!:D

took a 73mph F1 boat up to a 81.6 mph rocket there
 

In the spring of 1999 we literally lived at The Lake . One of my buddies would cook in the motorcoach and we'd feed the staff. I'll never forget walking around @ 8:00 am in the shop with pajamas on. Brad and Craig were eating our grub off china plates and real silverwear when Robert Moore walked up and just shook his head. At night we'd take the motorhome to Hooters in St Cloud , have beers and sleep in the parking lot - ahhhhhhhhhhh the memories. BH

I heard it might be moved to Reggie land.

Merc signed for an $18 Million(my mistake F1F) loan for cash infusion in Fountain if I recall, then they own Fountain for all practical purposes.

Quote from Reggie Interview:
"Then on July 1, 2007, they have a call to purchase the company. So I think we clearly have the exit strategy that we need. We’ve done it with the largest marine company in the world, the Brunswick Corporation, which owns Bayliner, Sea Ray, Hatteras, Boston Whaler, Bajas and has a call on my company approximately four years from now."

http://www.twst.com/notes/articles/tak619.html

So my vote is for around the Fountain factory!

His statement of "my Company" is close to accurate he owns 2.25 Mil of 4.74 Mil shares.

fountain , i hope !? they are holding 14.4 mil of 18 mil loan from nations bank. where do you thank they will go ?

It`s Panama City..........

Jim Emerson (I hope I have that right), at the Mercury Truck, at Orange Beach, said it was near Panama City.
This information just 3 days old.

Well, I guess we will see here in the near future, What is going to happen and who, when, where and who got the BS and who got the correct info.....talk to ya soon!!!!!

Panama City......................

T2x