Posted
(Originally posted 2/12/03 9:11:28 AM) A Minnesota insurance company is refusing to pay Cedar Fair LP nearly $7.2 million in property damage claims for two torn-down VertiGo slingshot rides at Cedar Point and Knott's Berry Farm. The company says that because the rides could be repaired, following the collapse of one at Cedar Point, they were ineligible for compensation.
UPDATE: Brian Witherow, Director of Investor Relations for Cedar Fair, told CoasterBuzz this morning that, "We believe this court filing was made in error and will be withdrawn. We are currently in settlement discussions, which are proceeding in a satisfactory manner, and we expect this matter to be resolved shortly."
Read more from The Toledo Blade.
Okay, enough of the fun and games. When air moving in a straight line hits an object, the airflow splits, goes around the object, and recombines on the other side. A low presure area forms on the lee side of the object which draws the passing air inward, causing a circular turbulence pattern to form on the back side of the obstruction. That turbulence will create a harmonic force perpendicular to the direction of air movement. Apply a harmonic force to an object at just the right frequency, and you can do real damage to it.
--Dave Althoff, Jr.
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Charles Nungester.
Confirmed, Lesourdsville Lake opening for 2003 details soon at Lesourdsville.com
Edit: Spelling
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RCT2 recreation of SFNE coming this spring!
*** This post was edited by XFan 2/12/2003 5:10:46 PM ***
But that's just me. I'm not a businessman; I think more like an engineer...it's not my place to argue such issues.
--Dave Althoff, Jr.
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"Every Man Has Got to Know His Limitations"
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http://www.eecs.umich.edu/~bnoble/
CP-nuts I hope not! I personally think it was a bad investment to start with
as was Mean Streak. Somehow I think CP will manage with its new
addition.... hopefully it won't include nine hour lines! (-=
-Danny
And "waste" money on Dragster? Right... just like every other park in the world that builds a new ride to attract more guests and make more money.
Perhaps you should take a business class, or read a book,
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Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com
"The world rotates to The Ultra-Heavy Beat!" - KMFDM
As for the one at Knott's, did CF have reason to believe thaty the problem would occur again....that's a whole other ride, IMO...
The phrase "So Close, Yet So Far" comes to mind when talking about the neogotiations between the insurance company and Cedar Fair. But, some people just can't be convinced.
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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003(Have Fun Trying To Find Me!)
See the update above, a statement we got this morning.
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Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com
"The world rotates to The Ultra-Heavy Beat!" - KMFDM
About TTD, Sure it will be a great ride but CP can do more than that. Why not put in overbanked turns? They can wait a year to save money to make it longer and better. Maybe because of space problems? Remember they said "We don't have space problem"? I think they are bluffing. They need to remove rides before putting in new coasters.
So I'm still on Insurance's side for this.
-Chris
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RCT2 recreation of SFNE coming this spring!
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- "I used to be in the audio/visual club, but I was kicked out because of my views on Vietnam........and I was stealing projectors" - Homer Simpson
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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003(Have Fun Trying To Find Me!)
-HEADLINE- "Six people died yesturday at Cedar Point when a 265' thrill ride collapsed; furthermore, it wasn't the first time this happened"
Fixing a ride that had a catastrophic structural failure is by no means reasonable. The engineers overlooked one flaw that caused this accident, how can you say they didn't overlook another? If Cedar Fair did contiune to run this ride dispite the accident, they have a lot more to lose than just another tower on a ride. If Cedar Fair continued to run Vertigo and another failure cause people to die, the media will exploit it as far as they can like they do everything else. Cedar Fair can kiss tens to hundreds of millions of net revenues good by in that case.
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Last 2002 public ride on MF's front row
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Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com
"The world rotates to The Ultra-Heavy Beat!" - KMFDM
SteelMonsters: Oh, I understand now. Thank you all for explaining clearly about this problem.
Jeff: Wow, what a nice prize to give SteelMonsters ;). But I think you are trying too hard to get back to me. I thought this site is all about your own opinions, also free speech. I was just express my feeling about this problem, but you just get up and trying to get back to me. It's not my fault that you love Cedar Point and willing to take their side anytime, even if they killed a lot of riders by mistake. But now I understand now. So I'm sorry.
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RCT2 recreation of SFNE coming this spring!
*** This post was edited by XFan 2/13/2003 1:02:58 PM ***
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