[PenelopePitStop]

Here's another interesting article on NASCAR.com ...

NASCAR.COM - Deal or no deal, Teresa -- the future of DEI is now - Apr 11, 2007

[LSC9901]

This is going to be an interesting thread. There are Jr lovers and Jr haters that will tune into this one.

It does appear that Jr & sister have Teresa over a barrel of some type. She no doubt can live th erest of her life on the fortunes of Sr's misfortune. All the stuff that gets sold at the tracks with his name, picture, number ..... will keep her traveling to the bank. Giving up 51% of the entire operation could change her profits. Possibly she'll offer up 51%of the cup operation and see how they deal with that offer.

I'm a little torn about whether or not he/they should be able to command that much of the company right off the top. Looking at it legally Teresa has all th erights to 100% of the company. When you look at the situation from a business perspective I guess it is a real possibility that Jr & sister could put a major dent in DEI if they were to leave. I'm sure that is why they want answers before June 1st. That way they can build there own cup team for the 2008 season.

It will be interesting to watch this monster grow.

[trollmc08]

I think Jr. will git what ever he wants. I just don't know if he can handle running DEI and driving all at the same time. He may be letting his mouth write checks his A$$ can't cash. Only time will tell.

[LSC9901]

Originally Posted by trollmc08

I think Jr. will git what ever he wants. I just don't know if he can handle running DEI and driving all at the same time. He may be letting his mouth write checks his A$$ can't cash. Only time will tell.

I would hope that he'd let his sister or Teresa or someone else do the day to day business and just stick to driving. In the modern era of NASCAR very few have been successful as driver/owner who tried to be both at the same time. I think Mikey is a classic example of that.

[trollmc08]

Originally Posted by LSC9901

I would hope that he'd let his sister or Teresa or someone else do the day to day business and just stick to driving. In the modern era of NASCAR very few have been successful as driver/owner who tried to be both at the same time. I think Mikey is a classic example of that.

Don't you mean Nit Wit? you are right but when you git the power it is hard not to micromanage, but if he is smart he will let someone do the day to day stuff.

[Farf]

Originally Posted by LSC9901

I would hope that he'd let his sister or Teresa or someone else do the day to day business and just stick to driving. In the modern era of NASCAR very few have been successful as driver/owner who tried to be both at the same time. I think Mikey is a classic example of that.

You're right about that. I read an article about Mikey's priorities being spread too thin. I mean, he's had to face numerous difficulties this season, with him not qualifying at all, and having to start from scratch, literally. The fact that some of his drivers, like Reutimann, are qualifying more than his is, is just frustrating for Mikey. Even the support of Darrell won't get him out of the hole he's fallen into. I'm interested to see where this whole thing will go, whether or not he'll get things together or not.

As for the DEI conflict, I do agree in one sense that Dale and Kelly should have some say and a stake in the company, I don't think that they should have more than half, or even more than 30-40% of the corporation. The only reason I say this is that in my opinion, I think that Teresa's leadership for the most part has been stable. She's kept the company going after her husband's death, and for Dale and his sister wanting to suddenly change her involvement from 100% to the 49% or less, I think that it's too big of a change. Junior wants to take charge and make the big decisions, but is he ready for that?

[LSC9901]

Originally Posted by trollmc08

Don't you mean Nit Wit? you are right but when you git the power it is hard not to micromanage, but if he is smart he will let someone do the day to day stuff.

Yeah ... I was just trying to be nice but I guess when it comes to the brothers Wit I am not expected to be nice.

[Tuck4Bama]

Originally Posted by trollmc08

I think Jr. will git what ever he wants. I just don't know if he can handle running DEI and driving all at the same time. He may be letting his mouth write checks his A$$ can't cash. Only time will tell.

His sister Kelly will be the one to handle the behind the scenes. Junior wants 51% for himself, Kelly and Kerry.

Just my opinion

[nascarfan24]

i think jr could end up getting way over his head but maybe he can do it
but id rather he own it than teresa! she's never even at the track!

[Mike24]

I really want Jr to stay with a team Sr wanted him to own one day. I think she will give Sr the ownership of DEI, something Sr would have wanted. I think Jr can be more successful owning DEI, but that remains to be seen. But I don't see Jr leaving DEI, because at the end of the day, Jr knows what Sr would have wanted for him.

[Racer Duck]

it's no secret that Sr. wanted his kids to have a hand in DEI. say what you want about him as a driver (and I have), he was a shrewd businessman that built an empire to pass on to his offspring. Teresa will be a fool to let it crumble because of which hands hold the reins.

Kelly runs everything for Jr. already .. no reason to change. If Teresa's smart, she'll let Kelly run the racing operations, she runs the souvenirs and licensing and Jr. and Kerry do the driving (wonder if Kerry has untapped talents .. he's not much as a driver in the "big time".)

[Souporscotty]

Is Teresa doing such a terrible job? Being at the track not withstanding.

[LSC9901]

Originally Posted by Mike24

I really want Jr to stay with a team Sr wanted him to own one day. I think she will give Sr the ownership of DEI, something Sr would have wanted. I think Jr can be more successful owning DEI, but that remains to be seen. But I don't see Jr leaving DEI, because at the end of the day, Jr knows what Sr would have wanted for him.

Mike, Mike, Mike ....... You're letting your emotions speak for you again. I'm sure there are many who agree with you and Jr may even feel that is what Daddy wanted, BUT NASCAR is a business today. You and I may think that the millions he has amassed is more than enough to last a lifetime. For you and I, it probably is. Now look at it from a business standpoint. At some point in time Jr is not going to be a driver but I'm sure he will be an owner of cup teams. He will also want to be an owner of a winning organization. The only reason DEI is still making mega bucks is because of Jr. Where ever he goes the money will follow. No doubt he would be more than content to take over Dad's business but at the same time he needs to keep his future on his mind.

Also at this point in time it doesn't matter what Sr. may or may not have wanted for his children. If it wasn't in his will then it doesn't need to be an issue. With an estate that size I'm sure it was done right. What is right was whatever Sr. wanted at that particular point in time. I think we can all agree that Sr. would have brought Jr. and the rest of the clan in at some point but he just didn't live long enough to make that happen.

[jks812]

I believe she'll give in and give him the 51%. She knows what Sr. wanted for the company in the long run and that as for his kids to have it one day. I think Kelly will be the one to help her run it, not Jr. They do have her over a barrel though. If Jr. leaves so does Budweiser and then who do they have. Martin Truex, who if Jr. is not there will leave as soon as his contract is up, and Menard, well let's hope the future of DEI doesn't count on him. Whether she is at the track every weekend or not, she is a very smart business lady and she knows what it'll do to DEI if Jr. were to leave.

[LSC9901]

I must admit that I do get a little lost in the story about Teresa not being at the track. In reality just what can she do there? She is an administrator and not a former driver/mechanic/gasman/tire changer ......

She has done a good job of keeping the company solvent, so why do people expect her to be at the track and what is it that you want her to do when she is there ???