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www.oakvillebeaver.com The Oakville Beaver Weekend, Saturday January 13, 2007 - 13 Race car driver didn't fall for hype law school in Toronto, but "the wedof the company, refused to talk about ding was called off." his time with the company or about Spencer was also spending money Spencer. "right and left," Zuker said, investing Introduced through another friend in businesses in the United States and who was an investor, Leupen said he on his passion for car racing. gave Spencer an ultimatum when he That's what led him to James didn't live up to his promise to go pub- Hinchcliffe, a 19-year-old up-andlic and the cheques started bouncing. coming race car driver. He was "Some investors approached by "He was always talking and I finally went Spencer in 2005 about these big plans he down to his office about sponsoring and said: `If I don't had with business that you his car. kind of looked at him and get a cheque by such "He seemed like and such time, then said for a 25-year-old kid, ya a really nice guy," we are going to take whatever." Hinchcliffe said you to court,'" yesterday. But as Race car driver Leupen recalled. the months wore James Hinchcliffe Still, Spencer didon during negotian't live up to his tions with the promise. young race driver and his manager "He just kept giving me a never- father, Jeremy, it became clear to the ending string of BS," Leupen said. teenager that Spencer was "a bit of a Then a court battle ensued between flake. several investors and Spencer. "He was always talking about these Last summer, they won their case big plans he had with business that against Spencer and some got their you kind of looked at him and said for money back. But many others -- up to a 25-year-old kid, ya whatever," said 90 investors, Leupen said -- never got Hinchcliffe. a penny back. "He was the `I'll tell you what you Lawyer Symon Zuker launched want to hear type,'" said Hinchcliffe. that civil action last summer and Last March, a news release quoting cross-examined Spencer in court. Spencer stated that Emexis planned to "He comes across as very, very opti- "activate around Hinch's (Hinchcliffe) mistic and upbeat and if you don't racing program through corporate know him, he seems very credible." hospitality and technology transfer He believes Spencer was last seen opportunities." two weeks before Christmas, but now The young man and his father believes he is in London, England never did invest in Spencer's business because he has a British passport. nor did they get him to sponsor them Police there have been alerted, he in racing. About three months ago, said. Hinchcliffe said he tried to call Zuker also believes Spencer was to Spencer but his phone was disconbe married to a woman who attends nected. & Make Your Home Comfort More Affordable LENNOX SALE CENTRAL AIR & FURNACE ® Continued from page 8 Up to $ 1000 Rebate *OAC * Instant 10 Years Parts & Labour Warranty * NO PAYMENT! Financing Available *Call for Details NO INTEREST! 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