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Torco

This is a discussion on Torco within the NHRA forum, part of the Pit Area category; ooo i almost forgot congrats on the win bobby L, nothing sweeter in racing than the winners circle no matter ...


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  #16  
Old 06-19-2008, 01:57 AM
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Re: Torco

ooo i almost forgot congrats on the win bobby L, nothing sweeter in racing than the winners circle no matter what level. big shout to your whole group , having your bro turning screws etc etc sweeeeet/priceless
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  #17  
Old 06-19-2008, 06:09 AM
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Re: Torco

Quote:
Originally Posted by Paul Miller View Post
Hey Bobby, if Torco was your company would you have that many contracts (hand shake and formal) in place with teams knowing the financial stability of your business? A company does not find out overnight they are screwed unless someone within the company is falsifying (not saying this is what happened) financial statements (and this shouldn't happen if you have a consulting firm auditing your statements). It is flat out unethical to not pay on your agreements. How do you feel about the NHRA not receiving payment for Chicago, is that OK? ? I just sat through a 2 day meeting about ethical conduct when preparing company financial statements/and other various documents and giving unbiased input into business investment decisions and this stuff is fresh in my head of what the right thing to do is.
Paul,

As a business owner, you owe it to your employees, creditors, investors and vendors to run a straight up, honest business with clean financial reports. This is more than a question of ethics, it will eventually be a question of legality that will ultimately tell the full story of what was going on behind the scenes.

Defending the business practices of Torco is a very slippery slope.
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  #18  
Old 06-19-2008, 08:17 AM
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Re: Torco

i was suprised to see Torco's name on the Chicago race. Someone could have called and told them not to call the race the Torco Nats, however that would be admitting there is an issue. In addition, i would presume that all of the NHRA marketing materials were in place. Just a thought.
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  #19  
Old 06-19-2008, 09:24 AM
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Angry Re: Torco

Well it looks like Torco must not of paid up on there sponsorship of Chicago race. HMMMM who’s pocket is that going to come out of? NHRA? HMMM im betting not! Race teams? Doubt it! The fans? More then likely! Thanks! Torco did more bad for the sport than the ever did good!
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  #20  
Old 06-19-2008, 09:29 AM
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Re: Torco

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Originally Posted by William Groom View Post
Hell, I'll bet you still think OJ is innocent.
Who's OJ? LOL
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  #21  
Old 06-19-2008, 09:42 AM
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Re: Torco

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Originally Posted by Wayne Hebert View Post
Who's OJ? LOL
What does orange juice have to do with this?
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  #22  
Old 06-19-2008, 10:05 AM
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Re: Torco

Quote:
Originally Posted by Justin Levitte View Post
i was suprised to see Torco's name on the Chicago race. Someone could have called and told them not to call the race the Torco Nats, however that would be admitting there is an issue. In addition, i would presume that all of the NHRA marketing materials were in place. Just a thought.
This is the ethical side of this issue. One could accurately assume they knew they weren't going to pay the bill to NHRA and let all the marque sponsorships and subsequent exposure happen as if they were.

I wonder how some of these people sleep at night...
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Last edited by John Caran; 06-19-2008 at 10:31 AM.
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  #23  
Old 06-19-2008, 10:22 AM
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Re: Torco

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Originally Posted by David N Gawboy View Post
What does orange juice have to do with this?
That's why I drink apple juice ... cuz OJ will kill ya.
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  #24  
Old 06-19-2008, 10:36 AM
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Re: Torco

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Originally Posted by Chris Cook View Post
That's why I drink apple juice ... cuz OJ will kill ya.
Now, that's funny right there!!!
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  #25  
Old 06-19-2008, 10:59 AM
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Re: Torco

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Originally Posted by David N Gawboy View Post
What does orange juice have to do with this?
Speaking of orange juice, do you know why the blonde stared at the can of orange juice for four hours?


Jim
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  #26  
Old 06-19-2008, 11:01 AM
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Re: Torco

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Originally Posted by Jim Samuel View Post
Speaking of orange juice, do you know why the blonde stared at the can of orange juice for four hours?


Jim
It said 'Concentrate'....

You may be in trouble if Kelly sees this!
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  #27  
Old 06-19-2008, 11:15 AM
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Re: Torco

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Originally Posted by Alan Loder View Post
It said 'Concentrate'....

You may be in trouble if Kelly sees this!
LMAO! I love blonde jokes! I used to tell/hear them constantly when I was bartending!
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  #28  
Old 06-19-2008, 11:23 AM
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Re: Torco

Kelly, did you hear the one about the two blondes that were hiking in the forest? They came upon some tracks and were arguing--one said they were deer tracks and one said they were cow tracks--they were still arguing when the train hit them
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  #29  
Old 06-19-2008, 11:29 AM
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Re: Torco

What pissed me off about the whole Torco deal is that the Chicago race broadcast featured Torco ads including all the then-Torco sponsored teams. Kind of like Carquest still milking Paul Romine's sponsorship years after the deal ended. So if Torco did not pay for the Chicago sponsorship, then how did they pay for the commercial?
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  #30  
Old 06-19-2008, 11:38 AM
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Re: Torco

Quote:
Originally Posted by John Caran View Post
Paul,

As a business owner, you owe it to your employees, creditors, investors and vendors to run a straight up, honest business with clean financial reports. This is more than a question of ethics, it will eventually be a question of legality that will ultimately tell the full story of what was going on behind the scenes.

Defending the business practices of Torco is a very slippery slope.
Some people can sleep well no mater how badly they treat someone.Try to associate with only top notch people with good moral and buisness ethics.Character is something everybody has,you will find the most sucsessfull people have a style of thier own and their character is unlike anybody elses.Its when companys or people try to by like someone else,try to be "ALL THAT" and then some do you find it will be a mater of time before the wheels will start to fall off the wagon.Torco was in the hands of people that wanted to run with the big dogs,well we all now know that didnt work.Do you suppose just for a minute that if Torco would have sponsored only 1 car and did it right that maybe,just maybe they would still be profitable??? Anyones guess.I am a buisness owner and i have a racing budget that i set and live with it.Yea it would be very easy to take more funds from my company to play even more but,there is a day when all that needs to be accounted for.And when that day comes it will be very uncomfortable for a whole lot of people.
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