Porsche Collector Lawsuit: Intellivision sold for rent payments

March 26, 2012

A racing company that said it fell behind on its rental payments at a Joliet warehouse is suing its landlord for allegedly selling the property it kept there — including four Porsches and an old Intellivision game system they say was worth $7,000.

Rush Hour Racing LLC filed the claim in Will County against Joliet-based Team Stradale Inc. Neither company’s representatives would agree to talk about the lawsuit.

Rush Hour’s suit said it had an oral agreement with Team Stradale in May 2008 to lease storage space at 3761 Patterson Road in Joliet for $5,000 a month.

When Rush Hour fell behind on its payments in March 2009, Team Stradale locked Rush Hour out of the warehouse, the suit claims. Then Team Stradale took its property out of the warehouse, sold it and kept the profits, the suit claims.

Rush Hour said the warehouse contained four Porsche collector automobiles valued at $105,000, two scooters and three motorcycles valued at $45,000, one Radical Racer automobile worth $90,000 and two go-karts worth $16,000.

It also stored racing equipment there worth $8,000, tools valued at $6,000, spare tires and wheels valued at $7,000 and Porsche seats worth $3,000.

Finally, Rush Hour’s lawsuit said it had the Intellivision video game system, which the suit claims was worth $7,000.  

No word on the actual System or games or the final selling price.

BY JON SEIDEL Sun-Times Media jseidel@suntimes.com March 7, 2012 5:22PM

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