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It's over! Jeff Gordon reaches divorce settlement
Sun-Sentinel ^ | June 13 2003 | AP

Posted on 06/13/2003 8:53:36 PM PDT by Nick The Freeper

WEST PALM BEACH -- Four-time Winston Cup champion Jeff Gordon paid an undisclosed chunk of his fortune to end his seven-year marriage.

According to court documents, Brooke Gordon waived alimony and was guaranteed $15.3 million from the sale of two properties, including the couple's 23,095-square-foot oceanfront home in Highland Beach.

The court filing does not specify when the properties would be sold or provide further details about the division of assets, which include boats, an airplane, and pricey cars.

Terry Young, a lawyer for Brooke Gordon, said she was ``extremely pleased'' with the settlement. She filed for divorce in March 2002, citing marital discord.

``We feel the settlement actually vindicates our belief that Mr. Gordon's interest in the race teams was significant,'' Young told The Associated Press. ``The settlement recognizes what we contended was Mr. Gordon's net worth as opposed to what he contended it was.''

In a statement, Jeff Gordon said, ``I'm happy with the terms of the settlement and I wish Brooke the best in the future.''

In early court filings, Jeff Gordon estimated his worth at about $48.8 million and his 2001 earnings at more than $18 million.

Generally, Florida law requires assets amassed during a marriage to be split evenly, but Jeff Gordon contended he should not have to split the couple's estate because he risked his life to collect it.

Brooke Gordon, 32, argued her husband was worth much than he said. Her lawyers asked to examine the contracts other car owners have with their drivers and sponsors to determine Gordon's worth. The race car driver also owns a stake of Hendrick Motorsports.

NASCAR contracts are closely held secrets because teams don't want to reveal what kind of deals they are able to negotiate.

Most of the car owners were outraged at the request to open their books, even though Brooke Gordon's attorney promised confidentiality. According to court filings on behalf of Brooke Gordon, the appraisals showed the value of the race teams at five times what Jeff Gordon reported in affidavits.

The Gordons met early in the driver's career in Daytona's Victory Lane when the former Miss Winston model presented him with a trophy. They were married for seven years and had no children.

Their divorce was set for a six-day trial in October until a settlement was reached after a 12-hour, court-ordered mediation session.

(Excerpt) Read more at sun-sentinel.com ...


TOPICS: News/Current Events
KEYWORDS: divorce; lotsofmoney; nascar
I'm not a big Nascar fan, but 7 years of marriage for $15.3 million isn't bad money if you can get it.
1 posted on 06/13/2003 8:53:36 PM PDT by Nick The Freeper
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To: Nick The Freeper
Another female shakedown artist hits the jackpot.
2 posted on 06/13/2003 8:55:32 PM PDT by What Is Ain't
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To: Nick The Freeper
Betcha Jeffy will think twice b4 betrothing another 'sweet and lovely'

Ouch! That's a costly lesson.

3 posted on 06/13/2003 8:56:21 PM PDT by StatesEnemy
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To: Nick The Freeper
Jeff can make up that in a year
4 posted on 06/13/2003 8:57:25 PM PDT by Mo1 (I'm a monthly Donor .. You can be one too!)
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To: StatesEnemy
Celebrities and their marriages have always amazed me. Why in THE WORLD someone would, after losing millions of dollars and having to sell off tangible assets like homes and cars to escape a poorly-thought out marriage would even DREAM about re-marrying is beyond my capacity to explain.

If, in another life, some chippy pulled that with ME, the last thing any future woman in my life would ever hear is the word "marriage". If SHE brought it up, she'd be swiftly seeking newer, more gullible companionship, whilst I happily called out, "NEXT!!"

I've seen friends have their very lives and souls peeled to strips by divorce. I've seen both males AND females financially destroyed by it, and permanently removed from their children because of it. I am at a complete loss to explain why the rich and famous seem to regard it with so little concern. I guess Mark Twain was right.

5 posted on 06/13/2003 9:12:24 PM PDT by Long Cut (LS-1's FOREVER!!!!!!!!!!!!!)
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To: Nick The Freeper
It should read The Lawyer is very happy. Use a go between they are cheaper.
6 posted on 06/13/2003 9:14:56 PM PDT by Brimack34
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To: Mo1
They have a nice healthy nest egg, Im sure. :-)

That's what can happen if parents support their kids at an early age and let 'em race, Legally, of course.

I hate seeing driving like this crap they sell for movies lately, influencing young folks , away from safety first. Thrills kill... and so does speed.

7 posted on 06/13/2003 9:19:56 PM PDT by NormsRevenge (Semper Fi..Support FRee Republic..Shrink Government Spending!)
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To: Nick The Freeper

I'd hit it.

8 posted on 06/13/2003 9:20:00 PM PDT by martin_fierro (A v v n c v l v s M a x i m v s)
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To: martin_fierro
2 words.. Nuptiual agreement

She strikes a fine pose, indeed!

9 posted on 06/13/2003 9:23:43 PM PDT by NormsRevenge (Semper Fi..Support FRee Republic..Shrink Government Spending!)
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To: What Is Ain't
Jeff blamed the divorce on their move to Florida and the ensuing isolation; I'd wager that the exodus was advised by their financial planner (Florida has no state income taxes (that's the reason Rush established the "Southern Command", right?)). It's sad that a (presumably) monetary consideration would lead to the dissolution of a union blessed by God (hey, if they got married in the South, it was a Real wedding).

In any case, each has a ton of money, so they can find happiness wherever it may lie. Let's just be thankful that they don't have kids to wreck.
10 posted on 06/13/2003 9:26:24 PM PDT by boomstick (Gallia delenda est.)
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To: martin_fierro
Good Lord!!! what terrific - uh - bossoms!

:)
11 posted on 06/13/2003 9:27:11 PM PDT by Pubbie (Bill Owens for Prez and Jeb as VP in '08.)
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To: Nick The Freeper
Great news for Jeff. Now he can pursue that relationship with Chocalate Myers.
12 posted on 06/13/2003 9:27:25 PM PDT by LdSentinal
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To: Nick The Freeper
That's what he gets for fooling around.
13 posted on 06/13/2003 9:29:01 PM PDT by Clintons Are White Trash (Helen Thomas, Molly Ivins, Maureen Dowd - The Axis of Ugly)
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To: Nick The Freeper
He should have just hired an escort service...the rewards are the same the risks don't approach 15 million!
14 posted on 06/13/2003 9:36:12 PM PDT by clockwork
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To: martin_fierro
I'd hit it.

Dang, she is one fine lady! I would marry her for a weekend.
15 posted on 06/13/2003 9:40:35 PM PDT by Duramaximus ( American Born, Gun_Toting , Aerospace Worker Living In A State That Worships Socialism)
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To: StatesEnemy
Gordon already has another one who looks just like Brooke, only with bigger hooters. The man knows what he likes.
16 posted on 06/13/2003 9:41:18 PM PDT by Pukin Dog (Sans Reproache)
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To: Pukin Dog
"only with bigger hooters."

Bigger?!

How can this woman walk?
17 posted on 06/13/2003 9:48:49 PM PDT by Pubbie (Bill Owens for Prez and Jeb as VP in '08.)
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To: Nick The Freeper
I'm happy with the terms of the settlement and I wish Brooke the best in the future.
18 posted on 06/13/2003 9:52:58 PM PDT by Jeff Gordon
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To: Jeff Gordon
Jeff,

It looks like you let a good one get away. ;>)
19 posted on 06/13/2003 10:17:46 PM PDT by boycott
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To: martin_fierro
You know what they say, no matter how hot she is, someone, somewhere is sick of her sh*t.
20 posted on 06/13/2003 10:40:53 PM PDT by SoDak
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To: SoDak
lol
21 posted on 06/13/2003 10:42:12 PM PDT by martin_fierro (A v v n c v l v s M a x i m v s)
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To: martin_fierro
Look like she's indeed cold........Stay Safe !
22 posted on 06/13/2003 10:45:58 PM PDT by Squantos (Cum catapultae proscriptae erunt tum soli proscript catapultas habebunt.)
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To: Duramaximus
But I don't think it would worth paying 15.3 million
for.
23 posted on 06/13/2003 10:47:51 PM PDT by Princeliberty
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To: Nick The Freeper
Seven years, no kids. This is not in keeping with the good-old-boy life plan. Hmmmm.

I'm surprised she waited 7 years to shake him down. Of course, she DID decide to do it right after he stopped dominating the Winston Cup scene. Hmmmm.

I'm guessing she figured he'd hit his peak, and she was going to get as much as she could at that point. Cut your losses & run. No doubt she "was pleased" at pulling down her 15 mil. Not a bad take after an investment of 7 years.

24 posted on 06/13/2003 11:01:18 PM PDT by MCH
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To: Nick The Freeper
I hoped he got bonked more than Wilt the Stilt, otherwise he's taking it in the chops.
25 posted on 06/13/2003 11:05:23 PM PDT by this_ol_patriot
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To: Duramaximus
Dang, she is one fine lady! I would marry her for a weekend.

If my calculations are correct, one weekend married to her would set you back close to $6000. That's assuming she charges you the same rate as Jeff.

26 posted on 06/14/2003 6:10:25 AM PDT by Nick The Freeper
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To: Nick The Freeper
Okay, so that's what I get for doing math on a Saturday morning. I think it should've been closer to $12,000 or $6k per day.
27 posted on 06/14/2003 7:07:59 AM PDT by Nick The Freeper
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To: MCH
I believe he was still winning when she filed for divorce. I also have a funny feeling we will see Jeff start smoking again.
He might have backed off the throttle some to keep the settlement a little lower.
28 posted on 06/14/2003 7:18:27 AM PDT by winodog (The problem is sin. The solution is Christ.)
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To: Nick The Freeper
Jeff Gordon's gay. I heard it in a song.
29 posted on 06/14/2003 7:20:37 AM PDT by maxwell (Well I'm sure I'd feel much worse if I weren't under such heavy sedation...)
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To: Duramaximus
Dang, she is one fine lady! I would marry her for a weekend.

It works out to about $12,000 for a two-day weekend ... still interested?

30 posted on 06/14/2003 7:38:19 AM PDT by fnord ( Hyprocisy is the tribute vice pays to virtue)
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To: Nick The Freeper
note to self: read whole thread first, dummy!
31 posted on 06/14/2003 7:39:39 AM PDT by fnord ( Hyprocisy is the tribute vice pays to virtue)
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To: Nick The Freeper
"We've already established that, madam. Now we're simply agreeing upon a price."
32 posted on 06/14/2003 7:41:35 AM PDT by strela ("Have Word Processor, Will Travel" reads the card of a man ...)
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To: Nick The Freeper
According to court documents, Brooke Gordon waived alimony and was guaranteed $15.3 million from the sale of two properties, including the couple's 23,095-square-foot oceanfront home in Highland Beach.

Why don't they just legalize prostitution and be done with it...it seems to come out the same anyway.

33 posted on 06/14/2003 7:46:34 AM PDT by garbanzo (Free people will set the course of history)
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To: fnord
At least you had the two day calculation the first time!
34 posted on 06/14/2003 10:19:24 AM PDT by Nick The Freeper
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