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02-12-2008, 03:13 PM
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| New ownership structure for DJR Release Date: 07/02/2008 The future for Australia's longest-established V8 Supercar team, Dick Johnson Racing, has been secured. Melbourne-based businessman Charlie Schwerkolt has bought into the iconic-Queensland team, establishing a new business structure with founder & former racer Dick Johnson. "The partnership with Charlie has secured the future for Dick Johnson Racing and I am delighted," a relieved Johnson announced today. "Despite fantastic support and assistance from our sponsor, Jim Beam, it's no secret that as a business we have been struggling financially for some time thanks to the failure of past sponsorships programs among other things. more...
__________________ Press One For English "It may be that your sole purpose in life is simply to serve as a warning to others." - Steven Wright “If you have nothing to say, say nothing." - Mark Twain      |
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02-12-2008, 03:16 PM
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| Re: New ownership structure for DJR It's extremely hard for race teams today to stay afloat and getting harder... There's an old saying in racing: "The way to make a small fortune in racing is to start with a large fortune!" |
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