[J.R. Haddad]

I don't have returns prior to 2011 or after 2020, but in that period they
lost approx. 15.5 million. I don't know of a corporation that a) can lose
that type of money given their regular or average net profits, or b) I would
be tickled if I delivered that performance and got to keep my very good
paying job. I don't know what it takes to run that company, but I know they
have a very loyal client base, that will takes price increases with the normal
complaining expected, but stands up and pays whatever the charges are.
It would be interesting to see their operating report, to see profitability of
National vs. LODRS for a given year, and then break it down by class. If
a class does not pays it own way, then a change would have to be made.
I think transparency would help us understand the challenges of running the association, and we might even have some ideas that could make serious financial improvements. There are some very smart and successful racers who could help. Our goals are the same, we need a strong and successful association. J.R.