Post by Kyle on Sept 2, 2008 0:34:34 GMT -5
Fitz Motorsports cars for sale by Iredell County Sheriff
Due to a lien against Fitz Motorsports brought by former driver Joel Kaufmann, the Iredell, NC county sheriff has seized three cars from Fitz Motorsports. The notice is as follows:
Under and by virtue of an execution issued to the Sheriff on the 11th day of July, 2008 [the sheriff has] seized and taken into control and will on the 4th day of September 2008 at 10a.m. at Troutman Tire and Auto Storage...offer for sale at a public auction to the highest bidder for cash all right, title, and interest that Highline Performance Group, Inc [Fitz Motorsports] has in the following property:
Intermediate Car #22 Supercuts
Speedway car #22 Family Dollar
Road Course Car #22 Supercuts
Statement from Armando Fitz. "I am extremely disappointed with how this situation was handled. I had an understanding with former Driver Joel Kauffman to remedy a deficit in pay early this week. The fact that (law firm) Homesley, Goodman & Wingo exposed a potential situation the day before I intended to make good is upsetting. The deficit was the result of a contract technicality at the time of his termination. Most teams encounter financial roadblocks, especially stand-alone Nationwide teams that have limited funding. But instead of taking the easy way out, we continue to take the high road by rectifying our financial issues. Making good financially while also keeping our commitment to our sponsors to show up at the race track each week is an uphill battle, yet we continue to be competitive week in and out regardless of the how bad things get. I still intend to make good on what I owe Joel this week. But for Homesley, Goodman & Wingo to expose me by using the power of the media and websites that my peers, sponsors and potential future sponsors frequent is what bothers me the most. I'd like to apologize to my sponsors and employees who are indirectly affected by this negativity, and thank them for their continued support and hard work."
Statement from Joel Kauffmann: I'm also very disappointed with how this situation has to be handled. The sole intent of this post was to advertise and gain an audience for the auction being held on September 4th, 2008. There was never any understanding of things being cleared up the following day by either my attorney or myself. It is also upsetting that Fitz's statement makes it sound as if we just asked for the money last week and we are being unreasonable on how we are handling the situation. My legal staff and I have been trying to work with Fitz for the past few years (patiently) so there comes a point when you have to move on. As of 5:00 PM Friday, August 29th, there has been no progress made and the Auction is still being help on September 4th.
Due to a lien against Fitz Motorsports brought by former driver Joel Kaufmann, the Iredell, NC county sheriff has seized three cars from Fitz Motorsports. The notice is as follows:
Under and by virtue of an execution issued to the Sheriff on the 11th day of July, 2008 [the sheriff has] seized and taken into control and will on the 4th day of September 2008 at 10a.m. at Troutman Tire and Auto Storage...offer for sale at a public auction to the highest bidder for cash all right, title, and interest that Highline Performance Group, Inc [Fitz Motorsports] has in the following property:
Intermediate Car #22 Supercuts
Speedway car #22 Family Dollar
Road Course Car #22 Supercuts
Statement from Armando Fitz. "I am extremely disappointed with how this situation was handled. I had an understanding with former Driver Joel Kauffman to remedy a deficit in pay early this week. The fact that (law firm) Homesley, Goodman & Wingo exposed a potential situation the day before I intended to make good is upsetting. The deficit was the result of a contract technicality at the time of his termination. Most teams encounter financial roadblocks, especially stand-alone Nationwide teams that have limited funding. But instead of taking the easy way out, we continue to take the high road by rectifying our financial issues. Making good financially while also keeping our commitment to our sponsors to show up at the race track each week is an uphill battle, yet we continue to be competitive week in and out regardless of the how bad things get. I still intend to make good on what I owe Joel this week. But for Homesley, Goodman & Wingo to expose me by using the power of the media and websites that my peers, sponsors and potential future sponsors frequent is what bothers me the most. I'd like to apologize to my sponsors and employees who are indirectly affected by this negativity, and thank them for their continued support and hard work."
Statement from Joel Kauffmann: I'm also very disappointed with how this situation has to be handled. The sole intent of this post was to advertise and gain an audience for the auction being held on September 4th, 2008. There was never any understanding of things being cleared up the following day by either my attorney or myself. It is also upsetting that Fitz's statement makes it sound as if we just asked for the money last week and we are being unreasonable on how we are handling the situation. My legal staff and I have been trying to work with Fitz for the past few years (patiently) so there comes a point when you have to move on. As of 5:00 PM Friday, August 29th, there has been no progress made and the Auction is still being help on September 4th.