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Rumor mill............FG going out of business????

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Old 01-09-2014, 04:08 AM
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nitrohead5300
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Default Rumor mill............FG going out of business????

Has anyone heard the rumor about FG going out of business?? Can anyone confirm this rumor???
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Old 01-09-2014, 09:49 AM
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this is popping up on all the forums, is it true? not sure as i can't find any corroborating evidence but there are apparently a couple factors in play, cash flow problems and/or divorce of Mr & Mrs FG
if it is for sale hopefully it stays together and they hire some new people in r&d and design something completely new for a change
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Old 01-09-2014, 10:28 AM
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Thanks mooman007uk
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Old 01-09-2014, 11:35 AM
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If FG is for sale, I might be interested. Seriously.
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Old 01-13-2014, 11:13 PM
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they cant just stop completely they will have to sell it to keep things moving for everyone using their stuff , there is too many people in the hobby in racing clubs and other that are using their cars it would be a crushing blow if they were to stop production .
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Old 01-14-2014, 01:58 AM
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Originally Posted by mooman007uk View Post
this is popping up on all the forums, is it true? not sure as i can't find any corroborating evidence but there are apparently a couple factors in play, cash flow problems and/or divorce of Mr & Mrs FG
if it is for sale hopefully it stays together and they hire some new people in r&d and design something completely new for a change
Do you have anything to back this up????
Pretty sure that Frantz isn't married or have any kids....

Also something new....
They releashed a complete line of new cars a couple of years ago...
The new Leopard is a full blown racing buggy, with as good geometri as other big names in the racing scene.
They also released some Electric cars...

Last edited by Plague; 01-14-2014 at 02:01 AM.
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Old 01-14-2014, 10:04 AM
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no,as i stated i have no corroborating evidence it is just a rumour that is floating around

and yes something new, the offroad cars have used the same design chassis since day one, extending it 35mm, throwing on 4wd, new shocks, a arms or whatever and a new body doesn't constitute a new design, just an update of the old car....they are the Porsche of the rc world
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Old 01-14-2014, 04:25 PM
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Lars from Norway
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The best thing to do when a rumor is flying around, is to go directly to the company (or to whom it concern) the rumor is about! Shoot them (FG) an e-mail and ask them
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Old 01-16-2014, 04:28 PM
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Good idea Lars!!
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Old 01-16-2014, 08:17 PM
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Foxy, I'd like to see you own an RC Company. You are very skilled at RC, and would make a company go far.
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Old 01-17-2014, 06:02 AM
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A friend of mine over in England sent a email to FG and they confirmed that they are closing the doors and putting the business up for sale. I hope Serpent buys it.
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Old 01-20-2014, 03:00 AM
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Someone from a uk forum contacted fg and they replied to say they are closing business end of march and as yet no deal has been sort for someone to takeover, so as it stands fg are closing down end of march. Elcon models also confirmed this when I spoke to them about iI :-/

Rumour has it this all began when mrs fg found out hat mr fg himself got cought playing away from home! Whatever the reason tho, a damn shame, fg imo are still the besr out there in terms of reliability and simpleness :-/

@ foxy.. If your serious dude, get in contact with them, ya never know ;-)

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Old 01-21-2014, 08:14 AM
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Originally Posted by tizdaz View Post
Rumour has it this all began when mrs fg found out hat mr fg himself got cought playing away from home!
she needs a kill switch on her next model.
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Old 01-23-2014, 04:57 AM
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tizdaz
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Or at the very least, a fail safe! lol
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Old 01-30-2014, 11:16 PM
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How much is being sought for the company? Anyone know...?

Last edited by Dingleberry; 01-30-2014 at 11:22 PM.
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Old 02-05-2014, 05:50 AM
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I am sure some other company like HPI or Great Planes will buy them out cause FG is one of the pioneers
in the R/C world !!!
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