Legal Settlement – Trincorp vs ROAR
You probably remember from back in February a lawsuit between Trinity/Epic (and their business pardners) against ROAR Racing. The lawsuit has now been settled and here is a press release from Fantom Racing (who get motors from Trinity) stating some of the details.
“Trincorp Reaches Settlement Agreement with Remotely Operated Auto Racers.
JUNE 24, 2013 – WASHINGTON, DC – Trincorp, LLC, along with three other companies (Fantom Racing, Team EAM Inc, and Putnam Propulsion), have reached a settlement with Remotely Operated Auto Racers (ROAR) to resolve all outstanding issues regarding the removal of the Trinity D3.5/17.5 motor from the ROAR approved list.
The parties were able to reach a settlement without either party admitting or conceding any liability for claims raised in the lawsuit after Mr. Ernest Provetti of Trincorp, LLC was able to personally meet with ROAR’s President, Mr. Steve Mruk. At that meeting, the parties agreed that the interests of the individual racers. who purchased the Trinity D3.5/17.5 motor after ROAR initially approved the motor, should take priority in structuring the settlement. Accordingly, the parties crafted the terms of the agreement in order to provide a meaningful opportunity for those racers who had purchased the Trinity D3.5/17.5 motors to actually race the motors in ROAR sanctioned races for a specified period of time.
Under the terms of the agreement, the TRINITY D3.5/17.5 Trinity motor will be reinstated on the ROAR approved list on July 1, 2013 and will remain on that list though the first quarter of 2014, upon the release of the new TRINITY D4/17.5, when it will be removed. Trincorp has guaranteed this will occur before March 30, 2014.
ROAR, a non-profit organization staffed by unpaid volunteers, is a sanctioning body, which operates for the benefit of the racers. The ROAR Executive Committee is committed to improving it operations through a set of measures which are intended to become effective within the next ninety days. The operational changes are as follows:
ROAR will reinstate an independent testing laboratory for product evaluation and testing by September 1, 2013.
In order that the ROAR members and the RC Community will be better informed regarding ROAR’s operations, ROAR will also put in place new rules and standardized procedures for the product approval process, including avenues for affiliate members’ direct participation with ROAR.
Trincorp, Fantom, Team EAM, and Putnam will continue to support and participate with ROAR in promoting and regulating radio controlled automobile racing.
ROAR appreciates the continuing participation and cooperation of Trincorp, Fantom, EAM, and Putnam as affiliate members of ROAR.”
So that’s the word folks, remember comments are open so feel free to let the world know what you think about this.