MSD files for bankruptcy

novassdude · 09-06-2013, 12:20 PM

Quote:

Originally Posted by 1320racer

big news in our world but not really surprising given the companies in the performance industry that have filed, been bought out or folded over the past decade.

Further proof that drag racing is on life support.

What in the hell does this have to do with the health of Drag Racing? There products are used in every motorsport out there not to mention huge in the street market.

So It must be proof that the automotive world is on life support.

Chad Rhodes · 09-06-2013, 12:37 PM

Quote:

Originally Posted by novassdude

What in the hell does this have to do with the health of Drag Racing? There products are used in every motorsport out there not to mention huge in the street market.

So I must be proof that the automotive world is on life support.

It's just proof that 1320racer is a moron

bigshow2966 · 09-06-2013, 01:20 PM

Probably just a restructuring to dump off debt and come out more profitable. Big companies do it every day.

Comp 798 · 09-06-2013, 02:35 PM

Statement from MSD.....

http://www.msdperformance.com/defaul...393&blogid=429

randy wilson · 09-06-2013, 09:49 PM

If the truth were known, I'd say obamacare had a little something to do with their thought process.

David Lee · 09-07-2013, 04:01 AM

Did not MSD get sold to a private equity firm Coutant Capital Associates a few years ago? They most likely bled off the profits and let the company go into financial problems.

Ed Wright · 09-07-2013, 11:05 AM

Quote:

Originally Posted by David Lee

Did not MSD get sold to a private equity firm Coutant Capital Associates a few years ago? They most likely bled off the profits and let the company go into financial problems.

Yes, they did. Along with Superchips Inc & a few others. Taken over by bean counters is never a good thing.

Ed Fernandez · 09-06-2013, 08:17 PM

Quote:

Originally Posted by Chad Rhodes

It's just proof that 1320racer is a moron

More like a boil on the *** of class racers.

Ed Wright · 09-07-2013, 11:07 AM

Quote:

Originally Posted by Ed Fernandez

More like a boil on the *** of class racers.

Except he is not a class racer. Just a bracket racer. No rules, just a shoe polish bottle.

treessavoy · 09-07-2013, 11:21 AM

Is this not the same thing that happened to Crane Cams? If so why didn't Drag Racing fail?

Just a thought.

JimR

09-06-2013, 01:20 PM	#3
bigshow2966 Senior Member Join Date: Mar 2007 Location: chicago Posts: 654 Likes: 674 Liked 180 Times in 55 Posts	Re: MSD files for bankruptcy Probably just a restructuring to dump off debt and come out more profitable. Big companies do it every day.

09-06-2013, 02:35 PM	#4
Comp 798 Member Join Date: Apr 2008 Posts: 103 Likes: 1 Liked 0 Times in 0 Posts	Re: MSD files for bankruptcy Statement from MSD..... http://www.msdperformance.com/defaul...393&blogid=429 __________________ Sam Tufano

09-06-2013, 09:49 PM	#5
randy wilson Senior Member Join Date: Jan 2007 Location: N/A Posts: 882 Likes: 0 Liked 22 Times in 22 Posts	Re: MSD files for bankruptcy If the truth were known, I'd say obamacare had a little something to do with their thought process. __________________ don,t have one

09-07-2013, 04:01 AM	#6
David Lee VIP Member Join Date: Oct 2007 Posts: 1,168 Likes: 487 Liked 346 Times in 126 Posts	Re: MSD files for bankruptcy Did not MSD get sold to a private equity firm Coutant Capital Associates a few years ago? They most likely bled off the profits and let the company go into financial problems.

09-07-2013, 11:21 AM	#10
treessavoy VIP Member Join Date: Feb 2009 Location: Dunnellon,FL Posts: 1,103 Likes: 0 Liked 4 Times in 4 Posts	Re: MSD files for bankruptcy Is this not the same thing that happened to Crane Cams? If so why didn't Drag Racing fail? Just a thought. JimR __________________ Jim Rountree