Notices
991 GT3, GT3RS, GT2RS and 911R 2012-2019
Sponsored by:
Sponsored by:

Gridsport going out of business?

Thread Tools
 
Search this Thread
 
Old 02-16-2019, 02:03 PM
  #1  
911therapy
Rennlist Member
Thread Starter
 
911therapy's Avatar
 
Join Date: Sep 2015
Location: Little Rock, Arkansas
Posts: 987
Received 85 Likes on 57 Posts
Default Gridsport going out of business?

Anyone deal with these guys? Gridsport.net

I ordered and paid for a pair of OMP race shoes (One Evo R) back in november. Still havent received them and cant get gridsport to answer the phone, email or return my messages.

Hoping they arent going out of business.....
Old 05-14-2022, 05:51 AM
  #2  
WillowKuth
1st Gear
 
WillowKuth's Avatar
 
Join Date: May 2022
Posts: 1
Likes: 0
Received 0 Likes on 0 Posts
Default

I have heard something about this, but this business always has pitfalls. Starting with the reason, there are two scenarios, the first of which is that the company itself sees no way forward and decides to cease operations. This is exactly what happened with Gridsport. It would first have to pay off all debts or claims against suppliers in this case. This will be done out of the company's capital, and if it is not enough, it will have to go to the leading insolvency practitioners. When all these amounts have been paid, and the authorities have been notified and given permission to cease operations, the remaining capital can be paid to the owners, with the process depending on the type of company structure. This is most often referred to as liquidation.
Old 05-14-2022, 07:17 AM
  #3  
38D
Nordschleife Master
 
38D's Avatar
 
Join Date: Jun 2002
Location: About to pass you...
Posts: 6,671
Received 833 Likes on 418 Posts
Default

Never heard of them, but this scenario is why I use PCA sponsors like Naroescape (Bob and Nadine), stable energies (Bob and Laurette), or OG racing (Mark). With these companies you’d get tons of responses from people that know them.



Quick Reply: Gridsport going out of business?



All times are GMT -3. The time now is 02:19 AM.