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The financial arrangement

November 1 2011 at 3:02 PM

  (Login gpence)
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from IP address 134.201.253.22


Response to Sure....

In autumn 1970, at the end of the 1970 racing season, Ford withdrew support from all racing, "except for limited drag racing and off-road racing support on a divisional level and dealer level". The corporate racing budget went to zero.

Then on Feb 6 1973 a corporate Ford internal memo instructed all concerned to eliminate any financial participation in performance products, parts or events and eliminate any communication related to performance activities. All product development of off-highway and performance parts was to be discontinued, all promotion of such parts and activities was to cease, no new OHO parts were to be added to existing inventories and parts still on the shelves were to be phased out through sales.

The Pro Stock racers were "on the surface" on their own. Any Ford help they received was very well concealed, kept separate from the corporation, chanelled through dealerships and suppliers, etc. The race parts Ford stocked were hidden within Ford's huge inventory, known mostly to insiders. There was no catalog.

Dyno Don said Ford never gave him a paycheck or a bonus check for his racing efforts. Ford provided parts, they would help pay for the race cars, and they gave him his transportation cars.




-G
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This message has been edited by gpence from IP address 134.201.253.22 on Nov 1, 2011 3:16 PM


 
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