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Old 07-30-2010, 12:04 AM   #7
Rob Petrie E395
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Join Date: Dec 2007
Location: Woodlawn IL
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Default Re: Gateway

I cant remember the names but the guy who wants all the tracks sold off runs a investment company and is NOT the majority share holder he does own and manage quite a few shares but he does not have controll of enough shares to dictate what path the company will take on his own. The majority shareholer runs a premier business school. Basically from what I have been told is the majority share holder owns enoughf to controll the company. The other guy wants to play Larry the liquidator make a little bit and get out but he does not and never will have control of the shares necessary to do so. So he pisses and moans about it all the time in memos and letters to the board. Hopefully Bret Kepner will see this thread and post all the details. Untill this year I had raced at Gateway in their point series for several years and really liked the place but I am afraid things might be heading the same direction as Memphis. Right now things are kind of bad for racing of all types at all levels. Might be a good time to say a little prayer for Gateway before another one bites the dust.

Last edited by Rob Petrie E395; 07-30-2010 at 12:09 AM. Reason: sent post before I was done typing by accident
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