Anyone had any update about the car raffle, and whether the tickets have all been sold yet?
We are trying our best to meet the commitments we made back in April.
We received an offer from the MG Car Club to sell our remaining tickets when we were at Silverstone in early June [a] to help them refurbish their museum and [b] help us to sell the remaining tickets.
Unfortunately,they have been unable to sell their allocation which has put us in a very difficult position. I'm guessing that the recession and the prize itself are putting some people off from taking part.
We are going to make a public statement at the end of July which will clarify our position and hopefully you will understand and hopefully agree with our decision. Given the restlessness that some folks are understandably exhibiting, I have decided to explain our position to you here and now. Obviously this information will be shared with everyone who has taken part but you are getting to hear it first.
So far we have sold less than 200 tickets and we have a shade under Ã‚Â£2000 in our account. Clearly we are not going to sell all 1600 tickets and perhaps with the benefit of hindsight 1600 tickets was an overly optimistic target given the depth of recession and the current economic climate.
SMG are keen to sell the car to us or move it on as it isn't getting any younger and they are in fact close to agreeing a deal to move their entire remaining stock in one go, so we have had to make a decision, which is incredibly disappointing for us and will no doubt expose us to a lot of ridicule and bad press, but here it is -
We will be writing to everyone who has a ticket either by email or snail mail and also publishing this information on our web site shortly - We are going to offer ticket holders a choice - 1: We will refund all the ticket money we have taken, upon receipt of a valid ticket stub or electronic counterpart. or: 2: We will hold a draw for the money in the account - which we will make up to Ã‚Â£2000. There it is - we have failed to sell our tickets and all we can do is offer you a refund or - if you want to leave you money in the pot, a draw for the remaining amount which we will guarantee will be Ã‚Â£2000. so even if 100 people decide that they want their Ã‚Â£10 pounds back, we will honour that Ã‚Â£2000 figure. Obviously - if you want a refund - then you are out of the draw.
I know there are going to be a lot of critical comments about this being a ST1NG etc, but really, our accounts are available for inspection as is the ticketing system - I really hoped that we could do this and make it a great success, but hey, we tried and it failed.
I know this will damage our reputation with a lot of people, and we have worked bloody hard to build ST1NG.com: so its doubly disappointing to us to know that we have failed in this endeavour, but we are going to persevere and get past this point, it's all experience and we learn from our mistakes. No one who bought a ticket will be a loser. You either have you ticket money back or you take a 200 to 1 gamble on the pot.
Finally, there will be people who will say "only 200 tickets? but I've got number 1102" etc. We didn't sell them sequentially, and different people had different sets of ticket books to sell from. The tickets sold on line from early May had a different number format from the conventional ticket stub, but these numbers all map back to a valid conventional ticket number - it was the change to the ticketing system when we moved to the new web site that caused the change in number format, but as I said, we are covering up nothing, and all our data and systems are freely available for inspection - including the unsold tickets. We have checked with the gaming commission who regulate our competition and we are acting within the law. We hope you will agree that this is the best we could do in the circumstances.
We would like to express our thanks and appreciation to everyone who has supported us, often in the face of some unpleasant and unfounded criticism, we will be getting the formal notification out via our web site and email/Royal mail at the end of July, I just wanted to let you guys know first.