Jr. and DEI

[bassNspear]

Junior wants 51% of the company. What do you all think?

[Central Bassman]

I think the should get it or at least buy 51% of it!!! If he leave DEI is nothing. All this sponsors will go with him and he is one of the most popular drives in Nascar. He is DEI!!!!

[eyepatrol]

Agreed. Jr. should be the major share holder in DEI. If not, then leave. To heck with his stepmom who simply married into the whole deal. It should be owned by Jr. or his brother (or both). If, or possibly now when, he leaves, DEI I think will be in serious trouble and the whole thing might fall apart, eventually. Most everything DEI has is based on Jr. being there.

[bassNspear]

My feeling on this subject is that if Dale was still here, none of this would be going on. Fact of the matter is, JR is the son of one of the best drivers in the world, and if hes not part of there organization, how the heck can you even call it DEI without a Dale driving a car for them.

[LMITOUT]

I like what Stewart said when asked what DEI would be like without Dale Jr. His response: "A museum."

Have to say he's right about that one.

[bassNspear]

isnt that a fact.

[lawdog]

Personally I think Jr is WAY out of line. Teresa owns the business and no business owner in the world would give their employee, not even their biggest employee, over 1/2 the company. Its absolutely absurd.

Think about it, Kevin Garnett's next contract he wants Glen Taylor to give him 51% of the T-Wolves. How long do you think it would take Taylor to tell him to get lost and him leaving the wolves right now would be just as big for them as Jr. leaving DEI...

If all you "Jr. is the end all and be all of NASCAR" sheep would step back and listen to this for a second you'd see its utterly ridiculous. Should he get SOME ownership percentage, sure why not. But 51%?????? Come on...

[bassNspear]

Im not sure if i can agree with you on this. Im not really that big of a JR fan, but the way that i feel about it is this, If dale was here, it would be taken care of and none of this stuff would be going on right now. I think that ya she does own the company, but can you see JR way from his FATHERS company. No way.

[eyepatrol]

I'd agree with you on that Lawdog if it wasn't for the fact that Jr. is family, and it should be his. If he wasn't family, then by ALL means, I would no way in he!! give an employee 51%.

[bassNspear]

Cant agree more with ya.

[delzz7]

I think it depends on why he wants 51% of ownership?

May be junior feels that she not doing enough to keep up with technology, getting the right people, etc.

DEI is a good race team, but it still needs to improve to be dominant!

[PierBridge]

Quote:

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I think it depends on why he wants 51% of ownership?

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So he can have control over the company.

I think it will get done.

[bassNspear]

Of course he wants control over the company. Dont you all think he desirves it with the passing of his father. No step mother should own and control the comapny.

[Central Bassman]

If he leave DEI will be nothing... Like i said befor he has some of the biggest sponsor and is one of the most popular driver out there!!! Thats alot of money leaving!!! If he leave DEI will be done and it will be hard to find someone to replace him!!!

[OUTDOORNUT]

Jr. will get it too!

[bassNspear]

cant agree with ya more bass. His sponsors will go with him, and he will lose alot of money for DEI

[lawdog]

Ok so you guys think my Garnett example is wrong because this is family and not really the same. OK, so then why should Little E get this company and all the other kids not get their share of it? You all act like he has some right to have all this just because it was his dad's, but Dale had like four other kids who have just as much rights to it. Plus, Teresa is the surviving spouse, what about her rights to it? She was in on this business since it started, and frankly almost every will gives everything to the spouse first like Dale's must have anyway.

From my perspective as an attorney and as a guy who advises people in estates and in business, this is just plain nuts to even be discussing. I really don't see why you guys think its just great just because its the chosen one, the hallowed and infallable..."Little E". Cripes pretty soon you guys are going to want people to genuflect when they say his name.

[bubs]

first off I like Jr. and I think he will go to childress and drive the 3 car someday, but We don't know what is actually going on behing the scene. I don't think jr. should get it. yeah It may have been his dads company but if you would remember when it got started teresa was part owner along with Sr. If Jr. should not get it and leave I think it would realy hurt dei maybe even kill them.

[bassNspear]

You really think there going to bring the #3 back to Nascar

[PierBridge]

Quote:

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Cripes pretty soon you guys are going to want people to

genuflect

when they say his name.

---

Had to look that one up...

genuflect

[harvey lee]

Maybe the cure to the DEI control issue would be to have 5 involved in the decisions. Theresa and the kids. I also believe that the day will come when Jr will leave DEI over the control issue. I dont know if R. Childress is ready to come between the Earnhardt family but I think in time it will happen. DEI without Jr is nothing and Theresa could leave and it may still survive.

The two of them or the whole family need to sit down and work this out for the benefit of all. No doubt that Theresa is a good promtor of DEI and also a very intelligent business person.

What will they have without Jr?

Another question is, is Jr ready to run a company of that size and also race?

[bassNspear]

I think hes ready. I think he would be able to run the company. I feel that if they dont have JR there, can it really be a good company without him?

[JohnMickish]

Dosen't Theresa deserve it just as much? Think of what a wife goes thru, especially 20 years ago. I would say that she probably has earned the right to have it more than Jr. has.

Dale was born into it, Theresa helped grow it.

[harvey lee]

I would venture to say this, He will have controlling interest in DEI by the next race season or he will be racing for JR Motorsports or maybe RCR. Theresa can have what is left and even though she is a good business person, she will have a poor stable of racers.

[bassNspear]

Cant agree more with ya Harvey, Ya hit that one right on the head.