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Nitromater

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Nitro tuner shake ups coming

Registered member said:
A little mis-leading since this includes Shumacher Electric, lets see what DSR net worth then you can match apples and oranges with other teams.

JFR net worth approx 12 million
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$12m based on what? Unless you are privy to JFR's balance sheet you have no clue to what their "net" worth is. If what people are saying about checks not being issued timely tells me there's some trouble in paradise. All that expansion they have been doing lately isn't free and comes at a price. If you have a "entertainment" division that isn't delivering the income it was set up for and your racing sponsors are subsidizing that business it's only a matter of time before there's liquidity issues. Again, much like your $12m net worth, this is all speculation.
 
Registered member said:
$12m based on what? Unless you are privy to JFR's balance sheet you have no clue to what their "net" worth is. If what people are saying about checks not being issued timely tells me there's some trouble in paradise. All that expansion they have been doing lately isn't free and comes at a price. If you have a "entertainment" division that isn't delivering the income it was set up for and your racing sponsors are subsidizing that business it's only a matter of time before there's liquidity issues. Again, much like your $12m net worth, this is all speculation.
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There are sources that generalize the net worth of all racing celebrities in all types of racing, Just goggle the race team name and it gives the info. Thats it, no magic wand.
 
Registered member said:
$12m based on what? Unless you are privy to JFR's balance sheet you have no clue to what their "net" worth is. If what people are saying about checks not being issued timely tells me there's some trouble in paradise. All that expansion they have been doing lately isn't free and comes at a price. If you have a "entertainment" division that isn't delivering the income it was set up for and your racing sponsors are subsidizing that business it's only a matter of time before there's liquidity issues. Again, much like your $12m net worth, this is all speculation.
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So your conclusion John Force is a terrible business man and in all he built in his last 30 years is by screwing people that work for him. Maybe compare the turn over in employees to all the other teams then see where it stands. Paul you seem to know much more about John Force than anyone here how about disclosing your sources.

Nitromater is about discussing issues in Drag Racing not to destroy peoples character, as a Staff member you should know that
 
I have a lot of respect for John and the empire he built, but that was not very wise move dismissing Prock when he's less than 2 rounds behind with 2 races left to go. Just my opinion.
 
Registered member said:
There are sources that generalize the net worth of all racing celebrities in all types of racing, Just goggle the race team name and it gives the info. Thats it, no magic wand.
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Exactly! Most all of those "celebrity net worth" sites have minimal credibility in terms of accuracy. They definitely are not like the Forbes 400 list, which takes a very granular approach to determining a person's net worth.

Here is a perfect example of the lack of credibility.......just compare the two!

http://www.celebritynetworth.com/richest-athletes/race-car-drivers/connie-kalitta-net-worth/

http://www.celebritynetworth.com/richest-athletes/race-car-drivers/john-force-net-worth/
 
Registered member said:
I am a bit surprised it's that low. I would have thought with all of the rolling stock, buildings, equipment, tooling etc required to support 4 teams it would have been more.
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John the source just generalizes net worth for race teams just goggle race team net worth thats it. I thought it was low so check others and drivers like Dale jr they have him at 300 million.
 
Registered member said:
Exactly! Most all of those "celebrity net worth" sites have minimal credibility in terms of accuracy. They definitely are not like the Forbes 400 list, which takes a very granular approach to determining a person's net worth.

Here is a perfect example of the lack of credibility.......just compare the two!

http://www.celebritynetworth.com/richest-athletes/race-car-drivers/connie-kalitta-net-worth/

http://www.celebritynetworth.com/richest-athletes/race-car-drivers/john-force-net-worth/
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Mike i use this cause thats where earlier post quoted his figure for Don S. I'm sure none of that accurate just a generalization thats all.
 
Registered member said:
So your conclusion John Force is a terrible business man and in all he built in his last 30 years is by screwing people that work for him. Maybe compare the turn over in employees to all the other teams then see where it stands. Paul you seem to know much more about John Force than anyone here how about disclosing your sources.

Nitromater is about discussing issues in Drag Racing not to destroy peoples character, as a Staff member you should know that
Click to expand...

I have done nothing to more than what you have done, speculate based on what others have said on this thread. Obviously John's a good businessman or he wouldn't have what he does, that's not up for debate. What's up for debate is when people start saying (you can go back and find those people on this thread) people aren't getting paid at JFR. If true, that's a sign of trouble and I gave a scenario of how that could be causing issues. I said straight up I was speculating and you are taking that as fact. I guess you should completely read through what I said. So based on your source John Force is worth more than Connie Kalitta. Yeah, ok, nice source. lol What's your next source say, Tony Pedregon is worth more than Johnny Gray?
 
I would hate to think that someone would come on here and post that people were not getting paid at JFR without knowing for sure. Speculation of that order is TERRIBLE for everyone concerned.

I would also think Prock would be more connected with John to know what kind of funding he might have lined up for next year. In that regard, I can't blame guys for looking around and getting their resumes out there early. It would suck to get back to Brownsburg after the Finals and go into the offseason without a chair when the music stops. Prock likely would have landed on his feet because tuners of that caliber just don't grow on trees, but for the crew guys, truck drivers, support staff at JFR ... they might not have been so lucky. I hope that John does have everything squared away, and this is just a bump in the road on the way to future success. I also hope he doesn't spend much of his own money that he fought so hard to earn. As we all know, these cars do not run on Nitro Methane, they run on cold, hard cash and lots of it.
 
Registered member said:
I have done nothing to more than what you have done, speculate based on what others have said on this thread. Obviously John's a good businessman or he wouldn't have what he does, that's not up for debate. What's up for debate is when people start saying (you can go back and find those people on this thread) people aren't getting paid at JFR. If true, that's a sign of trouble and I gave a scenario of how that could be causing issues. I said straight up I was speculating and you are taking that as fact. I guess you should completely read through what I said. So based on your source John Force is worth more than Connie Kalitta. Yeah, ok, nice source. lol What's your next source say, Tony Pedregon is worth more than Johnny Gray?
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Paul, I'm not here to argue with you or anyone else, I haven't seen anyone from JFR say they haven't been paid or anyone reliable that I would quote. I never said anyone team was better of than another, I was answering a earlier post about DSR net worth. I went to his source and stated what JFR net worth all along saying it was a generalization not accurate. What you have been posting about John Force whether here say or not is a person assassination on John Force and I don't think that's what the character of this site is about. You heard the saying if you have nothing good to say then say nothing at all!
 
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