Dinan to leave Dinan?

mcvaughan · 02-12-2015, 11:53 AM

https://www.bmwcca.org/news/steve-dinan-moves-ganassi

PhilT3 · 02-12-2015, 01:25 PM

Wow...

RPiM5 · 02-12-2015, 01:29 PM

Double wow!

stealth.pilot · 02-12-2015, 03:33 PM

Hope he hasn't sold the business. I think he would regret that in the long term.

Dinan_Engineering · 02-12-2015, 03:45 PM

Quote:

Originally Posted by stealth.pilot

Hope he hasn't sold the business. I think he would regret that in the long term.

The company was technically sold to Driven Performance Brands (Flowmaster, B&M Racing, Hurst) back in 2013. Steve had remained as CEO until now. The new opportunity proved too much to resist for him which we can understand knowing Steve and his racing desires. His valuable input and guidance in the engineering realm will still be utilized as he will remain with Dinan as a consultant to engineering and product development.

All of that said we have very large plans going forward this year and you will be seeing lots of positive news from Dinan in the coming months. Get ready...

MyF15+F85 · 02-12-2015, 04:16 PM

Hoolly Crap
Being a business owner I do understand " his " ideology ( I think ), but like someone else said he might regret it afterwords.
He must have been offered a quite a sum of money to jump into a dream of his.
From my experience it is not easy to let go of your own business, been there myself. I did not let my baby though, it was tempting ... but no for me.

ChrisNich117 · 02-12-2015, 05:49 PM

Guess the millions in R&D in trying to tune the new ECU's really hit him hard. Alpina gets to tune cars with a full Bmw backed warranty and charge a stupid amount of money for wheels and a couple more ponies and Dinan gets screwed? Lame!

:

stealth.pilot · 02-12-2015, 07:32 PM

Quote:

Originally Posted by MineF10

Hoolly Crap
Being a business owner I do understand " his " ideology ( I think ), but like someone else said he might regret it afterwords.
He must have been offered a quite a sum of money to jump into a dream of his.
From my experience it is not easy to let go of your own business, been there myself. I did not let my baby though, it was tempting ... but no for me.

I read BMW wanted to buy Dinan in the past and he declined - I think this was in one of his interviews. I guess he changed his mind too late and took the wrong deal. I think it would have been awesome for all of us if BMW owned Dinan.

Spinny02 · 02-12-2015, 07:55 PM

gmfive · 02-12-2015, 10:59 PM

Quote:

Originally Posted by stealth.pilot

Quote:

Originally Posted by MineF10

Hoolly Crap
Being a business owner I do understand " his " ideology ( I think ), but like someone else said he might regret it afterwords.
He must have been offered a quite a sum of money to jump into a dream of his.
From my experience it is not easy to let go of your own business, been there myself. I did not let my baby though, it was tempting ... but no for me.

I read BMW wanted to buy Dinan in the past and he declined - I think this was in one of his interviews. I guess he changed his mind too late and took the wrong deal. I think it would have been awesome for all of us if BMW owned Dinan.

Couldn't agree more.. would've been a great fit.

boots · 02-13-2015, 03:16 AM

I'm quite sure he is happy with his deal. Selling = he just got Paid!

soooma · 02-13-2015, 07:39 PM

Sad

Mscarpa · 02-14-2015, 09:31 AM

Yeah, he's moving on. Owners that sell like this usually have earnouts and things that keep them around for a few years but almost always the owner leaves as it is never the same for them. Seen it a lot but really can't blame them. If the company culture is strong with a solid new leader than all good!

02-12-2015, 11:53 AM	#1
mcvaughan Lieutenant Colonel 704 Rep 1,917 Posts Drives: F87 Competition Join Date: Sep 2012 Location: Katy, TX iTrader: (1)	Dinan to leave Dinan? https://www.bmwcca.org/news/steve-dinan-moves-ganassi __________________ Matt
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02-12-2015, 01:25 PM	#2
PhilT3 6'0 / 250lb 137 Rep 1,797 Posts Drives: 2014 M5 Join Date: Feb 2012 Location: NW Philly Suburb iTrader: (0)	Wow... __________________ Build: '14 M5 - Space Gray / Full Sakhir Orange / Alum Trace / Black 343's / Exec / Driver Assist / LED Mods: SunTek CXP tint - Vinyl-wrapped door handle chrome - Macht Schnell 12mm spacers - Pedalhaus pedals - iND Cosmetic Package - Polished 90mm exh tips - Coded by v12 - 21" HRE S107's polished lip/black center
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02-12-2015, 01:29 PM	#3
RPiM5 Major General 2873 Rep 7,885 Posts Drives: Black M5 Join Date: Apr 2012 Location: Earth 616 iTrader: (0)	Double wow! __________________
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02-12-2015, 03:33 PM	#4
stealth.pilot Knight Commander 559 Rep 5,948 Posts Drives: 2014 911 Turbo S Join Date: Aug 2010 Location: Buckhead iTrader: (0) Garage List 2014 Porsche 911 Tu ... [10.00] 2015 Mercedes-Benz ... [0.00] 2015 Jaguar F Type R [0.00] 2014 BMW M5 [0.00]	Hope he hasn't sold the business. I think he would regret that in the long term. __________________ 2022 Mercedes-Benz EQS 580 2020 Mercedes-Benz GLE 450 Ordered: EQS580, BMW IX, Lucid Air Touring, Corvette Stingray
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02-12-2015, 04:16 PM	#6
MyF15+F85 First Lieutenant 50 Rep 388 Posts Drives: 2015 F85 and 2015 F15 Join Date: Jul 2011 Location: Hamilton ON iTrader: (0)	Dinan Hoolly Crap Being a business owner I do understand " his " ideology ( I think ), but like someone else said he might regret it afterwords. He must have been offered a quite a sum of money to jump into a dream of his. From my experience it is not easy to let go of your own business, been there myself. I did not let my baby though, it was tempting ... but no for me.
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02-12-2015, 05:49 PM	#7
ChrisNich117 First Lieutenant 129 Rep 395 Posts Drives: '14 F10 M5 Alpine White ZCP Join Date: Jan 2013 Location: Bradenton Florida iTrader: (0) Garage List 2009 e92 M3 coupe [0.00] 2013 F10 M5 [0.00]	Guess the millions in R&D in trying to tune the new ECU's really hit him hard. Alpina gets to tune cars with a full Bmw backed warranty and charge a stupid amount of money for wheels and a couple more ponies and Dinan gets screwed? Lame! :
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02-12-2015, 07:55 PM	#9
Spinny02 Lieutenant Colonel 124 Rep 1,840 Posts Drives: '14 M5 CP Dinan Stage 2 Join Date: Jun 2013 Location: Houston, Tx iTrader: (2) Garage List 2018 Escalade ESV P ... [0.00] 2014 M5 Dinan S1 [0.00]	__________________
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02-13-2015, 03:16 AM	#11
boots Curve Thrasher 623 Rep 3,773 Posts Drives: 2013 Bmw m5..White/Blk. Join Date: Nov 2012 Location: Cypress Tx iTrader: (0)	I'm quite sure he is happy with his deal. Selling = he just got Paid!
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02-13-2015, 07:39 PM	#12
soooma ///MD 1378 Rep 3,998 Posts Drives: M5 F90 Join Date: Apr 2013 Location: NC iTrader: (1)	Sad
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02-14-2015, 09:31 AM	#13
Mscarpa Private First Class 10 Rep 147 Posts Drives: 2014 M5 Black on black! Join Date: Feb 2014 Location: CT iTrader: (0)	Yeah, he's moving on. Owners that sell like this usually have earnouts and things that keep them around for a few years but almost always the owner leaves as it is never the same for them. Seen it a lot but really can't blame them. If the company culture is strong with a solid new leader than all good!
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