There have been numerous rumors of this Long Island company having filed for bankruptcy. A recent check of the database for the federal court doesn’t have any bankruptcy filings under this name. I think some other boards (who shall remail nameless) owe an obligation to try to fact check when at all possible.

Since they are in my backyard sort of speak I hope this isn't the case but this tough economic climate can take it's toll on any high end business like this.

 

I don't think this rumor is true

 

You're going to see a ton of these guys go out of biz over the next little while.

 

I know one of the guys that works over there (as a independent contractor sort of), he has vehemently denied any claims of them going under.

DJ, your a pretty connected dude, so I'm sure you know who I'm referring to.

I personally hope they keep rocking and rolling.

 

I was there a few weeks ago and while they are probably in a rough spot now, I really hope they do well. For those of you that don't know it or have ever been, this is one of the GREAT places to see cars. Besides being a new-car dealer for Bentley and Lamborghini, they always have a FEW HUNDRED other cars there. I saw an XJ220 there 2 months ago and an F40/F50 in the past month. You will see anything and everything: Carrera GT, Ford GT, Ferrari, Aston, Porsche, so much good stuff. It is so great that I have this "museum" 5 minutes from my house and know some of the principals, so I hope it never goes away.

 

true

 

Champion is in better shape than most. I gather that most of said rumors have been started by the same person on a few different forums.

 

I have heard "the rumors" from a few different sources over the past several months and NONE of them came from somebody on the internet, this thread excepted. Only time will tell...

 

RED DEVIL
"I was there a few weeks ago and while they are probably in a rough spot now, I really hope they do well. For those of you that don't know it or have ever been, this is one of the GREAT places to see cars. Besides being a new-car dealer for Bentley and Lamborghini, they always have a FEW HUNDRED other cars there. I saw an XJ220 there 2 months ago and an F40/F50 in the past month. You will see anything and everything: Carrera GT, Ford GT, Ferrari, Aston, Porsche, so much good stuff. It is so great that I have this "museum" 5 minutes from my house and know some of the principals, so I hope it never goes away."

You're definitely right, i went there a couple times and the showroom was insane. I saw the F40, is the F50 still there? Thats the only one I haven't seen close up and it sux b/c thats my fav ferrari hyper-car.

 

The F50 was a customer's car that wasn't purchased through them. He was there showing it and looking at some other stuff. I'm with you in that it's my favorite as well.