Tag: Dale Earnhardt Inc
Dale Earnhardt Inc. Sued Over $3.25 Million GM Claim
Posted Mar 03, 2010, under NASCAR News and Opinion
Thom Weidlich – Bloomberg.com
Dale Earnhardt Inc., founded by the late seven-time Nascar champion, was sued by a financial firm that accuses it of reneging on a deal to sell the firm a $3.25 million claim in General Motors Corp.’s bankruptcy.
The Seaport Group LLC, based in New York, sued Feb. 25 in federal court in New York. The company wants the court to force Dale Earnhardt Inc. to deliver the claim or to award money damages.
“After DEI signed a binding contract to sell its claim to Seaport, the value of the claim increased dramatically, and DEI refused to honor the deal,” Seaport Group wrote in its complaint.
Truex Feeling Right At Home At MWR
Posted Jan 30, 2010, under NASCAR News and Opinion
By Marty Smith ESPN.com
Martin Truex Jr. is northbound and down, headed home from a television appearance in Charlotte, N.C. He is giddy. You can hear it. His voice is louder, his wit quicker, than it’s been in a while. The giddiness is in fact a month old, since he truly set sail at Michael Waltrip Racing.
For a race car driver like him, happiness is measured in miles per hour and wheel input. For the first time in a long time, Truex considers that balance limitless.
“I know everybody’s a champion in the offseason,” he said facetiously of the optimism teams feel during preseason, “but I feel really good about this. This is the best position I’ve ever been in in the Cup series.”
