Full Throttle

Personal property of suspended NASCAR driver Jeremy Mayfield will go on the auction block Friday, Nov. 20, 2009. Among the items up for bid are a ranch home, construction equipment, trucks, miscellaneous tools and racing equipment. (The entire list is available here.)

According to the enclosed video it’s expected the auction will bring in 5 million dollars.

He’ll need every penny after his high priced attorney Bill Diehl either quit or was fired and replaced by Mark Geragos last month.

Diehl’s billing rate of a thousand dollars per hour, and figuring a “normal” work week, adds up to 40 thousand a week multiplied by approximately 20 to 24 weeks Diehl was in Mayfield’s employ. That, I submit, adds up to something north of Chump Change.

An entire series of related posts, aptly titled Le Affair Mayfield, can be read here.