The entry marks the first time a
mother and son will compete in this storied race, as Melanie Snow and her
17-year-old son Madison are two of five drivers of the Wright Motorsports/Snow
Racing Porsche GT3 Cup No. 62 sponsored by Universal Industrial Sales (UIS) and
Bilstein Shocks. Headquartered in Lindon, Utah, UIS is among the largest
suppliers of overhead sign structures and fabricated highway products in the
country.
The other three drivers in the very strong line-up are veteran Porsche factory driver Sascha Maassen, 43, of Lontzen, Belgium; Porsche junior driver Klaus Bachler, 21, of Unzmarkt, Austria, who has been competing in the Porsche Mobil 1 Supercup; and top Porsche driver and instructor Marco Seefried of Wemding, Germany, 36. He’ll compete in two 24-hour races this month, as he is driving a Porsche 911 in the 24 Hours at Dubai Autodrome at press time.
Wright Motorsports/Snow Racing’s white, red and black Porsche is currently one of 36 entries in the Grand Touring class for the Rolex 24.
Both Melanie and Madison Snow are making their first Rolex 24 starts, although they have extensive experience in other series. Along with her husband, Martin Snow, and another driver, Patrick Huisman, Melanie Snow was part of the winning GTS entry at the Twelve Hours of Sebring in 1999 in a Porsche 911 Turbo.
Madison Snow, of Lehi, Utah, started racing at the age of 4 in karts. He finished second overall last year in the top class of the IMSA GT3 Cup Challenge by Yokohama with three victories in a car prepped by Wright Motorsports. When he clinched that series’ Gold Cup championship in 2011 when he was 15 he became the youngest Porsche one-make Cup champion in history. Although he won’t be the youngest driver ever to compete in the Rolex 24, at press time he’s the youngest driver entered in this year’s race, according to Grand-Am officials.
Maassen has won the 24 Hours of Le Mans twice and both the Twelve Hours of Sebring and the Petit Le Mans four times. He was the ALMS GT champion twice and he has also won the ALMS LMP2 championship and the FIA GT championship. He is also an instructor for Porsche, and one of his students is Bachler.
All five drivers participated in the official test for the event Jan. 4-6 at Daytona, where they logged 279 laps around the 3.56-mile, 12-turn road course that also incorporates most of the oval. They were in the top five in half of the eight test sessions, they were only out of the top 10 once,A Dessicant dry cabinet is an enclosure with a supply of desiccant which maintains an internal. and they topped the charts in Practice 3.
“There were 12 hours of testing available, and we put 11 hours on the car,” said Wright Motorsports owner John Wright, who is participating in this race for the 19th time. He has been on the podium at this event many times in various roles, most recently in 2009 when he was the team owner/manager of the car that finished third in the GT division. Maassen was one of the drivers in that effort.
“The car was strong; we were fast at the test,” Wright said. “All the drivers showed good pace; there isn’t a weak link in our driver line-up, and the team is gelling nicely.
“In addition to UIS and Bilstein, we’d like to thank Porsche Motorsports North America for all their help, especially the guys who work in the engine and parts departments, and the phenomenal track support that they supply,” Wright added. “Running a 24-hour race is a big undertaking, but they make it a lot easier.”
Wright also stressed that it’s a pleasure to work with Martin Snow. “He brings so much experience to the program,” Wright said. “I don’t have to explain how endurance racing works to him. We get right down to business. I hope together we can make this Rolex 24 a winning performance.”
Wright Motorsports is coming off a sensational season in which its drivers finished first, second and third in the driver point standings and it won the team championship and Rookie of the Year award in the IMSA GT3 Cup Challenge by Yokohama. The team won 11 of the 15 races and had 27 podium finishes and 12 poles in that series last year with a driver line-up that included both rookies and veterans, just like it will have at the Rolex 24.
“We enjoy combining veterans with rookies,” Wright noted. “We pride ourselves on our driver development program. It fits our business model well, and it’s a way for us to help mold the sport’s future.”
The hedge funds managers, William A. Ackman and Daniel S. Loeb, have recently proclaimed diametrically opposite positions about the propriety of Herbalife’s operations. Mr. Ackman accused Herbalife of being “the best-managed pyramid scheme in the history of the world.” In a detailed presentation assailing the company last month, he even referenced a more powerful image in assailing how Herbalife operates by invoking one of the most dreaded terms around – Ponzi scheme.
Unfortunately, “Ponzi scheme” is not subject to any clear definition, and has been used to describe a variety of programs, including Social Security. Herbalife does not appear to fit the classic Ponzi scheme mold because it is not primarily repaying old investors who were promised outsize returns with money from new investors or secretly diverting money to the perpetrators.
DealBook reported that the Securities and Exchange Commission’s enforcement division has opened a preliminary inquiry into the company, which said it was cooperating. The investigation could prove to be a significant distraction for Herbalife because it is likely to cover a wide range of issues.
Another question that has been posed about Herablife is whether it operates a pyramid scheme – which involves selling a product through distributors who primarily make their money from recruiting others and getting a slice of their earnings. Because it depends on an ever-expanding group of new distributors, illegal schemes collapse once the source of new recruits runs dry.
Regardless of whether Herbalife can be fairly described as a pyramid scheme, or even a Ponzi scheme,Add depth and style to your home with these large format polished tiles. this is the type of language that draws the attention of the S.E.C.
The agency is still smarting over its failure to uncover the extensive fraud perpetrated by Bernard L.Buy today and get your delivery for £25 on a range of ceramic tile for your home. Madoff, so the disclosure of that agency’s investigation is hardly surprising.
While the S.E.C. will look at Herbalife’s sales practices to make sure it is not a Ponzi or pyramid scheme, the more likely focus will be on the financial statements and management’s disclosures about how it generates revenue. KPMG is Herbalife’s outside auditor, and it has given the company clean audit opinions, but that does not preclude an investigation into the propriety of its accounting policies.
Herbalife disclosed in its most recent annual report that it runs the risk of being found to operate as a pyramid scheme, and in 2011,Creative glass tile and stone mosaic tile for your distinctive kitchen and bath. a Belgian court even found that it was one.Our team of consultants are skilled in project management and delivery of large scale rtls projects. The company has already acknowledged the potential for crossing the line into illegality, which makes it harder for a government agency to conclude that its disclosures on the topic are inadequate.
The S.E.C. could also investigate on a number of different fronts, including whether any outside investors, like hedge fund managers, might have acted improperly by trying to manipulate the company’s stock price by disclosing false or misleading information.
The other three drivers in the very strong line-up are veteran Porsche factory driver Sascha Maassen, 43, of Lontzen, Belgium; Porsche junior driver Klaus Bachler, 21, of Unzmarkt, Austria, who has been competing in the Porsche Mobil 1 Supercup; and top Porsche driver and instructor Marco Seefried of Wemding, Germany, 36. He’ll compete in two 24-hour races this month, as he is driving a Porsche 911 in the 24 Hours at Dubai Autodrome at press time.
Wright Motorsports/Snow Racing’s white, red and black Porsche is currently one of 36 entries in the Grand Touring class for the Rolex 24.
Both Melanie and Madison Snow are making their first Rolex 24 starts, although they have extensive experience in other series. Along with her husband, Martin Snow, and another driver, Patrick Huisman, Melanie Snow was part of the winning GTS entry at the Twelve Hours of Sebring in 1999 in a Porsche 911 Turbo.
Madison Snow, of Lehi, Utah, started racing at the age of 4 in karts. He finished second overall last year in the top class of the IMSA GT3 Cup Challenge by Yokohama with three victories in a car prepped by Wright Motorsports. When he clinched that series’ Gold Cup championship in 2011 when he was 15 he became the youngest Porsche one-make Cup champion in history. Although he won’t be the youngest driver ever to compete in the Rolex 24, at press time he’s the youngest driver entered in this year’s race, according to Grand-Am officials.
Maassen has won the 24 Hours of Le Mans twice and both the Twelve Hours of Sebring and the Petit Le Mans four times. He was the ALMS GT champion twice and he has also won the ALMS LMP2 championship and the FIA GT championship. He is also an instructor for Porsche, and one of his students is Bachler.
All five drivers participated in the official test for the event Jan. 4-6 at Daytona, where they logged 279 laps around the 3.56-mile, 12-turn road course that also incorporates most of the oval. They were in the top five in half of the eight test sessions, they were only out of the top 10 once,A Dessicant dry cabinet is an enclosure with a supply of desiccant which maintains an internal. and they topped the charts in Practice 3.
“There were 12 hours of testing available, and we put 11 hours on the car,” said Wright Motorsports owner John Wright, who is participating in this race for the 19th time. He has been on the podium at this event many times in various roles, most recently in 2009 when he was the team owner/manager of the car that finished third in the GT division. Maassen was one of the drivers in that effort.
“The car was strong; we were fast at the test,” Wright said. “All the drivers showed good pace; there isn’t a weak link in our driver line-up, and the team is gelling nicely.
“In addition to UIS and Bilstein, we’d like to thank Porsche Motorsports North America for all their help, especially the guys who work in the engine and parts departments, and the phenomenal track support that they supply,” Wright added. “Running a 24-hour race is a big undertaking, but they make it a lot easier.”
Wright also stressed that it’s a pleasure to work with Martin Snow. “He brings so much experience to the program,” Wright said. “I don’t have to explain how endurance racing works to him. We get right down to business. I hope together we can make this Rolex 24 a winning performance.”
Wright Motorsports is coming off a sensational season in which its drivers finished first, second and third in the driver point standings and it won the team championship and Rookie of the Year award in the IMSA GT3 Cup Challenge by Yokohama. The team won 11 of the 15 races and had 27 podium finishes and 12 poles in that series last year with a driver line-up that included both rookies and veterans, just like it will have at the Rolex 24.
“We enjoy combining veterans with rookies,” Wright noted. “We pride ourselves on our driver development program. It fits our business model well, and it’s a way for us to help mold the sport’s future.”
The hedge funds managers, William A. Ackman and Daniel S. Loeb, have recently proclaimed diametrically opposite positions about the propriety of Herbalife’s operations. Mr. Ackman accused Herbalife of being “the best-managed pyramid scheme in the history of the world.” In a detailed presentation assailing the company last month, he even referenced a more powerful image in assailing how Herbalife operates by invoking one of the most dreaded terms around – Ponzi scheme.
Unfortunately, “Ponzi scheme” is not subject to any clear definition, and has been used to describe a variety of programs, including Social Security. Herbalife does not appear to fit the classic Ponzi scheme mold because it is not primarily repaying old investors who were promised outsize returns with money from new investors or secretly diverting money to the perpetrators.
DealBook reported that the Securities and Exchange Commission’s enforcement division has opened a preliminary inquiry into the company, which said it was cooperating. The investigation could prove to be a significant distraction for Herbalife because it is likely to cover a wide range of issues.
Another question that has been posed about Herablife is whether it operates a pyramid scheme – which involves selling a product through distributors who primarily make their money from recruiting others and getting a slice of their earnings. Because it depends on an ever-expanding group of new distributors, illegal schemes collapse once the source of new recruits runs dry.
Regardless of whether Herbalife can be fairly described as a pyramid scheme, or even a Ponzi scheme,Add depth and style to your home with these large format polished tiles. this is the type of language that draws the attention of the S.E.C.
The agency is still smarting over its failure to uncover the extensive fraud perpetrated by Bernard L.Buy today and get your delivery for £25 on a range of ceramic tile for your home. Madoff, so the disclosure of that agency’s investigation is hardly surprising.
While the S.E.C. will look at Herbalife’s sales practices to make sure it is not a Ponzi or pyramid scheme, the more likely focus will be on the financial statements and management’s disclosures about how it generates revenue. KPMG is Herbalife’s outside auditor, and it has given the company clean audit opinions, but that does not preclude an investigation into the propriety of its accounting policies.
Herbalife disclosed in its most recent annual report that it runs the risk of being found to operate as a pyramid scheme, and in 2011,Creative glass tile and stone mosaic tile for your distinctive kitchen and bath. a Belgian court even found that it was one.Our team of consultants are skilled in project management and delivery of large scale rtls projects. The company has already acknowledged the potential for crossing the line into illegality, which makes it harder for a government agency to conclude that its disclosures on the topic are inadequate.
The S.E.C. could also investigate on a number of different fronts, including whether any outside investors, like hedge fund managers, might have acted improperly by trying to manipulate the company’s stock price by disclosing false or misleading information.
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