Should Teresa Earnhardt sell Dale Earnhardt Inc.?

Oct 16, 2008 Full story: 7

It's always interesting to read the take of the very well-connected Mike Mulhern from the Winston Salem Journal.

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Dalkeith, UK

#1 Oct 21, 2008

Kitchener, Canada

#2 Oct 21, 2008

Dalkeith, UK

#3 Oct 21, 2008

Lakewood, OH

#4 Oct 21, 2008
I don't care. Not that important.

Miami, FL

#5 Oct 21, 2008
No one would buy it in the shape it's in.
TB Chief

Decatur, IL

#6 Oct 21, 2008
I think her best bet is do the merger thing and take the money and run. If she doesn't do something there may not be much to sell. She should kick her own ass for not just selling controlling interest to Junior. She could have been sitting behind the desk and be getting paid for doing nothing. From what I read she would have sold the 51% TO JR but he still would have had to answer to a board of directors. I am not in big business but that does not sound like controlling interest to me. No wonder he told her to shove it. I bet she wishes she would have now and I really bet all those employees wish she would have. Who knows what their future will bring? Layoffs I am sure because a merger will not allow all the employees at both orgs. to keep their jobs. How Sad!


Since: Jun 07


#7 Oct 21, 2008
Essentially race teams have little value. The racing equipment won't bring 10 cent on the dollar for what it cost to build the cars, same with the shop equipment and transporters. Why buy out someone else's old stuff when you can go in with the latest and greatest brand new. The real property has a better value but right now with the economy in slow motion even the real estate is going to be a hard sell. In summary, if Teresa sells DEI she's going to take a literal bath.

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