Menard, Inc. - Page 23

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               In 1997, another main TMI sponsor was Quaker State.  Not               
          only did Quaker State’s name appear in the name of Robbie Buhl’s            
          car, but Quaker State was the car’s primary sponsor.  Quaker                
          State received prominent logo placement on the race car, pit crew           
          jackets, and Indy promotional materials.  Quaker State paid TMI a           
          sponsorship fee of approximately $1.5 million.                              
               During 1998, Johns Manville was a major TMI sponsor.  In               
          addition to the Johns Manville reference in the name of Robbie              
          Buhl’s car, Johns Manville’s logo appeared prominently on the               
          race car, on Mr. Buhl’s uniform, and in Indy promotional                    
          materials.  Other sponsorship benefits included opportunities for           
          Johns Manville’s customers to meet Mr. Menard, the team, and the            
          drivers; logo positioning on the driver’s cars within view of the           
          onboard camera; and use of new Johns Manville products19 on the             
          race car.  Although Johns Manville’s national account manager,              
          John O’Reilly, testified that Johns Manville paid sponsorship               
          fees, the record does not reveal the amount paid for either year.           
               C.  Menards, Mr. Menard, and TMI                                       
                    1.  Menards’s General Involvement in Motor Sports                 
               Menards originally became involved in motor sports in 1979.            
          From 1980 until 1992, the year of TMI’s incorporation, Menards              
          directly owned, sponsored, and raced cars.  Menards was active in           



               19Johns Manville sold fiberglass insulation.                           




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