New Norton
I just got a call from Kenny Dreer about the new Norton, and he said that it's over.
He spent about twenty five miniutes talking about the major investor bailing on him and that he's been replaced as CEO, although he is still on the board, and the amount of money that should have been there (about 50 million and about five years) and he's now out shopping for more investors ( but he said that the bike most likley, will never come).
His tooliing and subcontrators are about 3/4 of the way to production, but NO bikes exist right now.
He's tried some British sources, some Italian and even Asian sources, but he hasn't gotten any support.
I gave him a few names to contact, one of them is an investment capitalist that my son knows pretty well (he gets to use his Ferrari Enzo ever few months), who is deep in motorsports.
The guy (Dreer) is a very sincere and honest guy, and he said that he will try to return everyone's deposits, but it may take some time.
So, if anyone has about 20-30 million laying around doing nothing, call Kenny Dreer, he could use it.
CP Miller