2024: BTCC chat & discussion

2024: BTCC chat & discussion

Author
Discussion

Milkyway

9,482 posts

54 months

Monday 4th March
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Joeywinkle said:
Team HARD are back?!

Slimmed down 2-car entry for 2024....

https://www.btcc.net/2024/03/04/hard-work-continue...
Wonder who the lucky drivers will be....

airbusA346

785 posts

154 months

Monday 4th March
quotequote all
Joeywinkle said:
Team HARD are back?!

Slimmed down 2-car entry for 2024....

https://www.btcc.net/2024/03/04/hard-work-continue...
Bit of a surprise, when I saw that pop up on Facebook.


I wonder how much they've slimmed down their creditors list (£6.1 million on their last submitted accounts).

Bet they're on proforma with all their suppliers/team members now.

GbGaz

91 posts

122 months

Tuesday 5th March
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Just seen a post by Michael Crees on instagram with ‘big news’ coming soon, no doubt he’s back with team hard.
TBH regardless of what’s happened with team hard I think that’s good news, he’s a likeable fella, decent enough racer and brilliant with fans👍🏻


Joeywinkle

221 posts

20 months

Tuesday 5th March
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Just seen in the comments of a BTCC Memes FB page (of all places!) a comment from Kieran James;

"Team HARD. Racing (tagged in the comment)

I suggest before you get yourself onto the grid you contact Cobra Financial Solutions Ltd to sort the small issue of the £208,000+ they are chasing you for on my behalf.

Slander/defamation doesn’t exist here because my information is factual. Before anyone starts their usual pish"

whistle

Scaleybrat

467 posts

206 months

Tuesday 5th March
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Who is Kieran James?

emicen

8,599 posts

219 months

Tuesday 5th March
quotequote all
Scaleybrat said:
Who is Kieran James?
Kieran Gallagher

Milkyway

9,482 posts

54 months

Tuesday 5th March
quotequote all
Scaleybrat said:
Who is Kieran James?
I'm sure that he played for England. scratchchin
(But I'm not a footballist.)


Edited by Milkyway on Tuesday 5th March 08:50

Scaleybrat

467 posts

206 months

Tuesday 5th March
quotequote all
emicen said:
Scaleybrat said:
Who is Kieran James?
Kieran Gallagher
Thanks, if that’s correct, it makes more sense.

emicen

8,599 posts

219 months

Tuesday 5th March
quotequote all
It is correct.*

Whilst I’m no longer friends with him on Facebook, he’s been going on for literally years about being owed this money.



[* correct that Kieran James is the artist formally known as Kieran Gallacher. No idea about the correctness of the debt figure etc spin ]

Edited by emicen on Tuesday 5th March 09:33

Dynion Araf Uchaf

4,465 posts

224 months

Tuesday 5th March
quotequote all
so the return of Team Hard strikes me as one of those 'phoenix from the flames' companies whereby clever accountants have managed to divest all the creditors into a burned business, and then Team Hard re appears. I wonder if the actual business name is something like 'Phoenix from the flames taking the piss out of our creditors'/ trading as Team Hard Racing 4?

As another poster mentioned, cash on delivery and no credit would be advised to any supplier.

GlobalRacer

245 posts

14 months

Tuesday 5th March
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The Gallagher "debt" is from 2015 AFAIK.

aeropilot

34,693 posts

228 months

Tuesday 5th March
quotequote all
Dynion Araf Uchaf said:
I wonder if the actual business name is something like 'Phoenix from the flames taking the piss out of our creditors'/ trading as Team Hard Racing 4?
hehe

Shouldn't laugh though, as its not really a laughing matter.


Truckosaurus

11,342 posts

285 months

Tuesday 5th March
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Motorsport team in dodgy finances shocker! biggrin

roddo

570 posts

196 months

Tuesday 5th March
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The sad thing is drivers will pay good money for a poorly prepared car due to financial pressures, this will probably result in drivers quitting mid season

Sebring440

Original Poster:

2,031 posts

97 months

Tuesday 5th March
quotequote all
GbGaz said:
post by Michael Crees on instagram with ‘big news’ coming soon, no doubt he’s back with team hard.
I doubt that very much.



The Wookie

13,970 posts

229 months

Wednesday 6th March
quotequote all
Dynion Araf Uchaf said:
so the return of Team Hard strikes me as one of those 'phoenix from the flames' companies whereby clever accountants have managed to divest all the creditors into a burned business, and then Team Hard re appears. I wonder if the actual business name is something like 'Phoenix from the flames taking the piss out of our creditors'/ trading as Team Hard Racing 4?

As another poster mentioned, cash on delivery and no credit would be advised to any supplier.
Doesn't really matter how clever your accountants are when the debts are against material assets like racing cars and trucks unless you can convince another lender to pay off the previous debts.

If they've managed to find someone to legitimately settle those debts then I doubt it's anyone you'd want to borrow money from.

GlobalRacer

245 posts

14 months

Wednesday 6th March
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roddo said:
The sad thing is drivers will pay good money for a poorly prepared car due to financial pressures, this will probably result in drivers quitting mid season
If they can't afford the going rate then they should race elsewhere. BTCC is far from the only game in town. I guess ego overcomes common sense a times. I know so many people who have mortgaged everything they own to keep racing.

Speed Badger

2,707 posts

118 months

Wednesday 6th March
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GlobalRacer said:
If they can't afford the going rate then they should race elsewhere. BTCC is far from the only game in town. I guess ego overcomes common sense a times. I know so many people who have mortgaged everything they own to keep racing.
Ironically about 10 years ago I did the opposite. I had a reasonable five-figure sum saved for a season's racing but lost my job and had to spend the savings on my mortgage!

Milkyway

9,482 posts

54 months

Wednesday 13th March
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Daryl DeLeon gambling with Team Hard... Whilst George Gamble scuttles of to Porsche GB...

GlobalRacer

245 posts

14 months

Thursday 14th March
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