What is Team Shelby's point of view?
What is it that SAAC owes Team Shelby?
Help me Understand.
Quote:
LOS ANGELES — Carroll Shelby has terminated his company's licensing agreement with the Shelby American Automobile Club.
The 85-year-old car builder and former race driver has demanded that the club turn over its financial statements and all Shelby-related merchandise. The 5,000-member organization keeps records on Shelby cars and verifies their authenticity.
"They've made hundreds of thousands of dollars from my memorabilia and have never shared the financials," Shelby says. "I want the registrations and records under my control."
The club filed a lawsuit on Jan. 28 in U.S. District Court in Boston asking that it not be forced to turn over documents to Shelby. Carroll Shelby's lawyers fired back with a lawsuit on Jan. 29 in the Superior Court in Los Angeles County, demanding all documents. On Jan. 31, Shelby ended the licensing agreement.
The 33-year-old organization has been licensed by Shelby since 1999.
Rick Kopec, the club director, says Shelby can have the license back but says all documents belong to the organization, adding: "Shelby's problem is that he can't control us."
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He wants the registrations and records under his control? What does this mean?
The registrations and records for what?
It sounds like he want the "Registry". Is this correct? How can he own the registry?
He ended the License agreement for the use of the Shelby name and everything that is licensed under his name. OK so was this 1999 agreement a set up to try to get control of the registry.
Can someone clarify this, please?
Thanks