Purple Crack bought by Conti
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BrianChevy
- Posts: 165
- Joined: Fri Apr 07, 2006 10:06 pm
- Location: Knoxville, TN
Re: Purple Crack bought by Conti
....the business plan has already heat cycled out.
Chris Harp
2009 Mazda RX-8 | 2018 Toyota Tundra | 2011 BMW M3
2009 Mazda RX-8 | 2018 Toyota Tundra | 2011 BMW M3
Re: Purple Crack bought by Conti
I just hope contingency for Hoosier doesn't change.
Marcus Luttrell - 99' Miata - GLTC/Max3/ST5 #92
Nine Lives Racing - Sales/spell-checker/IT
Nine Lives Racing - Sales/spell-checker/IT
Re: Purple Crack bought by Conti
wow, Chris... hahaha 
http://www.ThreeSixDownhill.com
1991 Honda CRX HF (All Original) 68.45 MPG Avg
2011 Honda CR-Z HS
2003 Chevy S-10 Xtreme STX
1991 Honda CRX HF (All Original) 68.45 MPG Avg
2011 Honda CR-Z HS
2003 Chevy S-10 Xtreme STX
Re: Purple Crack bought by Conti
I don't think you will see any major changes. They have been partners of sorts for years.
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Sent from my SM-G930P using Tapatalk
Mark Pilson
03 Z06 - Sword
09 Mustang - Club
01 Excursion - The safe you dropped from the 10th story
03 Z06 - Sword
09 Mustang - Club
01 Excursion - The safe you dropped from the 10th story
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dewittpayne
- Posts: 1503
- Joined: Wed Nov 02, 2011 4:19 pm
- Location: Kingsport, TN
Re: Purple Crack bought by Conti
Didn't Hoosier manufacture the tires for the Continental Tire Challenge. I should look it up, but....
DeWitt Payne
2011 Mustang GT CAM-C
"Tires are meant to die young." Heyward Wagner
2011 Mustang GT CAM-C
"Tires are meant to die young." Heyward Wagner
Re: Purple Crack bought by Conti
Being strategic partners and being bought are two really different things.
To a company the size of Hoosier....grassroots racing was a significant part of their business.
To a company like Conti.....grassroots racing is a rounding error on a quarterly income statement.
It could be really good. Conti could invest money into the Hoosier brand and we could see more product development as a result.....or they could focus their time, energy and resources elsewhere. It really could go one of those two ways.
One thing that is certain is that it will not remain the same. Never in the history of the business world has one company acquired another and just left it alone. You acquire a company because you think you can make it more profitable than the current leadership has...thus making a return on your investment.
To a company the size of Hoosier....grassroots racing was a significant part of their business.
To a company like Conti.....grassroots racing is a rounding error on a quarterly income statement.
It could be really good. Conti could invest money into the Hoosier brand and we could see more product development as a result.....or they could focus their time, energy and resources elsewhere. It really could go one of those two ways.
One thing that is certain is that it will not remain the same. Never in the history of the business world has one company acquired another and just left it alone. You acquire a company because you think you can make it more profitable than the current leadership has...thus making a return on your investment.
SSM 96/196