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· Page2 Apd119,2004 <br /> <br />As part of this project we are acquiring over 30 acres of land including frontage on <br />Speedway Boulevard. We are only developing fourteen acres as part of this <br />proposal. This will leave ample acreage for future development. Future <br />development may include commercial or retail development. We have also had <br />some preliminary discussions with our business partners for them to bring <br />complementary facilities to our location. <br /> <br />We believe that this project continues the city's work in making Concord and Cabarrus <br />County the home of Stock Car racing in the United States. Henddck Motorspo~ is <br />committed to this business, this facility, and the community we share for the long term. <br /> <br />Sincarely, <br /> <br />Scott Lampe, CPA <br />CFO <br /> <br /> <br />