OPINION
McCormick Sends Formula 1 Racing Away From Delaware
Dear Friends,
Formula 1 racing – a huge household name – owners have filed to leave Delaware for Nevada and we have Chancery Court Chancellor Kathaleen McCormick to thank for driving this huge company away! So aggravating!
Are you seeing this Chancellor McCromick?! The multi-billion Formula 1 owner, Liberty Media is citing “substantial cost savings” and “reducing the risk of opportunistic litigation” as its reasons for targeting the move. They’d rather be anywhere but here because of what I and so many see as our corrupt Chancery Court, seeing risk in litigating in America’s First State.
Companies have been leaving Delaware and your Coastal Network is keeping track as companies leave or plan to leave Delaware, following large companies including Elon Musk’s Tesla and Phil Shawe’s Transperfect. Following their long, treacherous legal Chancery Court battles, other companies are finding reasons to leave.
Please click on the X link from the Leave Delaware account below for more. Please share your feedback on this, which is welcome and appreciated.
Respectfully Yours,
JUDSON Bennett–Coastal Network
Here’s the link to the tweet on X:
https://x.com/LeaveDelaware/status/2033909139429028187
Judson Bennett
Author
Captain A. Judson Bennett was a life- long resident of Lewes, DE. He served the maritime industry for 33 years, primarily as a Delaware River Pilot, guiding large ships to the Port of Philadelphia. Captain Bennett has been an active and consistent entrepreneur over the years.
He was elected as a Lewes City Councilman for 6 years. Afterwards he ran for the Sussex County Council as a Republican, and with 20 thousand people voting, lost Delaware’s closest election by 3 votes to an 8 year incumbent. Abandoning his personal political ambitions, he became the Republican District leader, advocating conservative values. Captain Bennett became a lobbyist in the state legislature advocating among many ideas, financial literacy concepts in education. He managed several political campaigns, including one for Governor of Delaware and one for the US Senate against VP Joe Biden. He is now the owner, operator, and writer for the Coastal Network which communicates regularly with over 6000 people throughout the State of Delaware.
Captain Bennett is a graduate of St. Andrew’s School in Middletown, DE (where the movie “The Dead Poet’s Society was filmed) and also graduated “Magna Cum Laude” from the University of Delaware with a BA in Criminal Justice and an MA in Liberal Studies.
He is now a Widower, living in West Palm Beach, Florida. Captain Bennett has one son, three grandchildren, and one great grand-daughter, all who live in Richmond, Virginia.
