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1.07.2006

Bang! Racing Sold for $65.44

In an auction held late Friday afternoon, former Nascar Craftsman Truck Series team Bang! Racing was sold for a final bid of $65.44, plus auction fees. The sale, in theory, puts to an end the long, pointless saga of former owner/crook Alex Meshkin.
The winning bidder wished to remain anonymous, and placed their bid by phone. The auction was held at the Howard County (Maryland) Circuit Court House, following a bankruptcy hearing on the team.
Bang! Racing was started by Meshkin, a college-aged day trader, as one of Toyota's first entries into Nascar's top three series. However, Meshkin soon ran the team into the ground, then through the ground, then through the ground some more, resting near the Earth's core.
Among the parties demanding reparations from Meshkin were Larry McReynolds, Travis Kvapil, Toyota Racing Development, several suppliers, Meshkin's landlords, and, for complicated reasons, Al Davis.
The winning bidder inherits an outstanding debt of approximately $450,000. However, they will inherit the team's assets--three computer disks, a stack of Line-X stickers, two lugnuts, and 50,000,000 shares of Nutzz.com stock.
Meshkin was unable to attend the trial, as his manager at Chipotle was unwilling to give him a Friday evening off.

1 Comments:

At 4:23 PM, Anonymous Anonymous said...

ROTFL!!!!!!!!!!!!!

 

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