Spicoli
08-31-06, 10:36 AM
http://www.speedtv.com/articles/auto/champcar/32038/
The suit alleges that Ford was prepared to deliver in excess of $325,000 in sponsorship to Legault's companies more than thirty days before the 2005 race, but that Evenements Sport Auto de Montreal and GPF1, Inc. failed to countersign the appropriate contracts or invoice Ford in a timely fashion. Thus the payment was not made outside of the thirty day pre-race timeframe and Evenements Sport Auto de Montreal and GPF1, Inc. "set-off" $325,000 of its final $750,000 payment to Champ Car.
Champ Car argues the fact that the Ford sponsorship money was paid less than thirty days prior to the race does not release Legault's companies from their obligation to pay the "set-off" fee, and is seeking the $325,000 it believes it is still owed by Evenements Sport Auto de Montreal and GPF1, Inc.
As Fred Sanford would say: "You big dummy!" :gomer:
:rofl:
The suit alleges that Ford was prepared to deliver in excess of $325,000 in sponsorship to Legault's companies more than thirty days before the 2005 race, but that Evenements Sport Auto de Montreal and GPF1, Inc. failed to countersign the appropriate contracts or invoice Ford in a timely fashion. Thus the payment was not made outside of the thirty day pre-race timeframe and Evenements Sport Auto de Montreal and GPF1, Inc. "set-off" $325,000 of its final $750,000 payment to Champ Car.
Champ Car argues the fact that the Ford sponsorship money was paid less than thirty days prior to the race does not release Legault's companies from their obligation to pay the "set-off" fee, and is seeking the $325,000 it believes it is still owed by Evenements Sport Auto de Montreal and GPF1, Inc.
As Fred Sanford would say: "You big dummy!" :gomer:
:rofl: