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Tom Compton

This is a discussion on Tom Compton within the NHRA forum, part of the Pit Area category; Originally Posted by Bob Dumont Why are you talking about Nothing. Tom and Clan and HDP who cares.. I care! ...


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  #16  
Old 09-24-2007, 02:52 PM
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Re: Tom Compton

Quote:
Originally Posted by Bob Dumont View Post
Why are you talking about Nothing.

Tom and Clan and HDP who cares..
I care!
Do I detect a condescending tone?
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  #17  
Old 09-24-2007, 03:14 PM
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Re: Tom Compton

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Originally Posted by Greg Stanley View Post
I've said it before and I'll say it again...

The only reason NHRA was not for sale to Bruton Smith is because Tom Compton and others in the NHRA management office did not have a place in the Bruton Smith NHRA! As soon as Compton and his flock found a buyer that would keep them on with a golden lining they could sell it fast enough.
Yes, but my point is: As a non-profit - It is not THEIR'S to sell.
If they are representing stalking horses for anyone who might want to (eventually) purchase NHRA (i.e. Brunton/HDP) then, they are breaching their fiduciary duty to the non-profit.
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  #18  
Old 09-24-2007, 03:27 PM
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Re: Tom Compton

There's something a lot of you have not considered so far.

What if Bruton's highest offer had been only a small percentage of the HDP offer and what if he wanted nothing to do with any sportsman cars or programs?

Just because Bruton has billions doesn't mean he's going to (in his mind) throw money around by overpaying.

I'm not anti-Bruton in any way, and in fact I really admire his insistence on quality.

I'll just leave it at that, but please understand it's not entirely a rhetorical question.
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  #19  
Old 09-24-2007, 04:57 PM
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Cool Re: Tom Compton

Here's the problem I have with Compton's salary package. If a fuel racer would have run the table this year and won every event, they would have collected $955,000 in purse not including contingency and bonus money. Averaged out over the term of the contract, Compton would have made more. That my friends, just isn't right!
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  #20  
Old 09-26-2007, 01:24 PM
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Re: Tom Compton

Quote:
Originally Posted by Bob Dumont View Post
Why are you talking about Nothing.

Tom and Clan and HDP who cares..
So in your estimation, we should not acknowledge, discuss or care about the possible sale/future of the NHRA on an NHRA discussion board? RRIIIIGGGHHHTTT.

Hey I got an idea, let's all just bury our heads in the sand because nothing we say matters anyway. Yeah, that's the ticket. Hell, we may as well stop voting and give the governement all of our money and let someone else make all of our decisions for us. All of this logical discourse is really becoming burdensome anyways. You know what happens when your head is in the sand? Your ass is in the air!

No one is more cynical then me in general terms, and all I am saying is I am ok with Compton overseeing a transitional period, I am not OK with Compton staying in charge for more money.

There are people out there who can do it better than Compton (Chris Blair). And once the NHRA is no longer a privately held not-for-profit organization ... his arse is grass and he knows it so he is trying to make hay while the sun is shining.
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  #21  
Old 09-26-2007, 03:46 PM
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Re: Tom Compton

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Originally Posted by Jim Gunther View Post
Yes, but my point is: As a non-profit - It is not THEIR'S to sell.
If they are representing stalking horses for anyone who might want to (eventually) purchase NHRA (i.e. Brunton/HDP) then, they are breaching their fiduciary duty to the non-profit.
They are not selling the NHRA... they are selling assets of the NHRA. The tracks, Glendora, and the national events are merely assets of the not-for-profit enity.
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  #22  
Old 09-27-2007, 11:34 AM
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Re: Tom Compton

The only thing that I read in that artical that is a positive is this "$2.600,000 of HDP stock figuring the value at the current price."

If those guys are receiving that much in stocks, that's one hell of a reason to want to grow and improve the sport. Otherwise the stock values become worthless.
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  #23  
Old 09-27-2007, 11:56 AM
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Re: Tom Compton

[quote=Chris Cook;94898]Incompetence, sure.

Murder, no.

He is not killing the sport, the NHRA is no better or worse off than when he took over, with the possible exception of bringing in Powerade when Winston bailed. There are more sponsors willing to do business with NHRA now than when the sport ran on tobacco money. But he should still have realized more growth since Powewrade came in in '02 or '03, something that would be in at least proportional to his increases in salary.

Again, I reiterate, the HDP takeover will be status quo if they leave Compton in charge. Kinda like meet the new boss, same as the old boss. I am not for entirely reinventing the wheel, the NHRA and it's people do many things well, but the top of the organization is stagnant and needs new blood. I would like to see HDP come in, and after a transitional period of say 6 months, bring in fresh blood and ideas. I nominate Chris Blair .....[quote]

I will second that motion

Last edited by Dan Lea; 09-28-2007 at 05:18 PM.
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  #24  
Old 09-27-2007, 01:07 PM
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Re: Tom Compton

Quote:
Originally Posted by Lance Peltier View Post
The only thing that I read in that artical that is a positive is this "$2.600,000 of HDP stock figuring the value at the current price."

If those guys are receiving that much in stocks, that's one hell of a reason to want to grow and improve the sport. Otherwise the stock values become worthless.

Yes, BUT this could also give them extra incentive to FLIP. All the stock (and long term contract), most likely, vest upon "change of control".

Lucky boy, eh?
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  #25  
Old 09-27-2007, 01:24 PM
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Re: Tom Compton

NHRA is worse off now then it was in my opinion. Very little has come out of Glendora in the last few years that I could consider to be a truly positive event for the NHRA and drag racing as a whole.

The Powerade deal is/was terrible for NHRA Drag Racing. Compton and his crew sold out to the lowest bidder in a panic and effectively pigeon-holed the NHRA into a 2nd or 3rd tier commodity. Especially since Coca-Cola has done absolutely nothing to activate thier sponsorship. Compare what Nextel has done, all be it with a 1st tier commodity in Nascar, to activate their partnership... they have huge advertising campaign centered around Nascar. When was the last time Powerade has any kind of cross promotion with NHRA other than some in-store displays?

The ESPN contract is another blunder in my opinion. Paying for the production of your television broadcast and not having any control? What kind of deal is that?

And don't get me started on the attitude of the upper management towards the sportsman racers.
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  #26  
Old 09-27-2007, 11:42 PM
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Re: Tom Compton

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Originally Posted by Greg Stanley View Post
The Powerade deal is/was terrible for NHRA Drag Racing. Especially since Coca-Cola has done absolutely nothing to activate thier sponsorship. Compare what Nextel has done, all be it with a 1st tier commodity in Nascar, to activate their partnership... they have huge advertising campaign centered around Nascar. When was the last time Powerade has any kind of cross promotion with NHRA other than some in-store displays?
I disagree with you somewhat Greg, the PowerADE deal has had some benefits, the end of year payouts doubled (still not enough, but better than it was) and more sponsors have come in, or have been more willing to come in since the sport no longer runs on Tobacco money. But you are correct that Coca-Cola has done NOTHING to realize any benefits from the series sponsorship.
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  #27  
Old 09-28-2007, 06:43 AM
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Re: Tom Compton

Okay, my take on the whole thing...

First, RJR was forced out of the Title Sponsorship by the Government... good or bad in the long run... it was what it was.

NHRA selling off assets. Land I understand, the right to use the name for national events, okay. But, they can't sell the Teams that will have to make up the fields for these events. Does a contract with the NHRA to hold an event transfer or is HDP going to have to resign all the National Event tracks.
In other words, what if they gave a race and nobody showed up?

I think what bugs me the most, I haven't seen new ideas come out on the promotional side of major league drag racing in years. Just a spin on what other sports are doing... It should be How We Are Different, not how we can be like everyone else... in this, Mister Compton has failed.

The other thing that bugs me, Using 'Crash and Burn' footage to promote events... Is John's crash the next 30 second spot? Do we really have to 'Geek' the sport?

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  #28  
Old 09-28-2007, 07:37 AM
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Re: Tom Compton

Marketing and all else aside, IF you retain the same people with the same ideas and ways of doing things you are going to get the same results....

I believe it was Einstien who said: "The definition of INSANITY, doing the same thhing over and over again and expecting different results....."

If the people in charge, whoever, don't have a fresh direction and ideas it simply won't matter.

Not negative, just a dose of reality.
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