auto racing perspective
from Champcarfanatics forum
Re: News Flash: Con men will screw you over
It's auto racing, folks. Well known haven of narcissists, cheats, liars, and scoundrels. And those are the ones that succeed. The grossly incompetent don't last very long. I'm surprised the Four Bumbling Idiots [ Champcar ownership ] lasted as long as they have. I blame the "four brothers" for this giant debacle, no one else. Not Tony George [ IRL head ], not Robin Miller, not the France family, not cynical internet posters, or any other black helicopter you wish to assign. Just those four owners of the [ Champcar ] series who well and truly screwed it into the ground.
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"Did you ever get the feeling you've been screwed?" Johnny Rotten
[ a bit of trivia: Z'ev Drori was a
bidder on CART when it went bankrupt.
"...CART and the Parent entered into confidentiality agreements with, and delivered documents thereunder to, Ze'ev Drori, IRL and Grand American Road Racing Association, LLC. Additionally, IRL representatives personally inspected the physical assets available for sale at CART's headquarters in Indianapolis."
Z'ev Drori is an auto-racing fan, & raced the Long Beach GP celebrity race.
It ended up in the hands of another auto-racing fan Kevin Kalkhoven (Uniphase, a .com'er who "made off like a bandit"..he got sued by their share-holders) as Champcar. He also bought Cosworth.
It should be noted that Martin is an auto fan (who likes to burn rubber on street), so both Tesla & Champcar have their founding roots in auto hobbyists. ]
I was involved (
1,
2,
3) with
Champcar. Saw all sorts of mis-management (alienation of employees, sponsors, racers, media, fans), & it just blew up. Declared bankruptcy & got "taken over" by its competitor (
IRL, who was also losing fans/sponsors/TV like Champcar).
"If you S H I T on the road, you will see flies on your return"
-- S. African proverb
My gut feeling: Tesla is on the path of self-destruction because of bad management ("The fish stinks from the head"). It's not a matter of IF, but WHEN. Same symptoms as Champcar failure: poor media/PR, lawsuits, bad management. Disgruntled commentary on fansite (Champcarfanatics & Tesla Motors Club).
Good read on
"United we Stand, Divided we Fall" (split in OWR/Open Wheel Racing in N. America) by Dan Gurney.