- 22 - Mr. Menard attended the time trials and the actual races.23 Typically, Mr. Menard arrived at the racing venue either the day before or the day of the race. On race day, both before and after the race, Mr. Menard talked with sponsors, potential sponsors, vendors, potential vendors, Menards employees, and Menards customers.24 During the race, Mr. Menard stayed in the pits with the team. c. Other IRL Races For IRL races other than the Indy 500, Mr. Menard usually arrived on Saturday for the morning practice and stayed through the race on Sunday. At these events, Mr. Menard was with the racing team for practice, qualifying, and the race itself but spent the rest of his time talking with sponsors, vendors, and Menards employees. On occasion, if the racing venue was located near a Menards store or a competitor’s store, Mr. Menard would visit the store. Mr. Menard missed approximately one racing event in each of 1997 and 1998. 3. Menards’s Relationship With TMI a. Payment and Deduction of TMI’s Expenses Menards paid certain of TMI’s expenses relating to TMI’s 23The Indy 500 time trials and races were held on separate weekends. 24Other Menards executives, including L. Menard and Mr. Archibald, engaged in business-related activities at the Indy 500.Page: Previous 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Next
Last modified: May 25, 2011