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INTER COMPANY CORRESPONDENCE
                                                                             FILE                DATE
                                                                             CODE                March 18      1
    ■?/'   IE               ••L’X'.--
                                        DEPT.                       DIVISION               PLANT/OFFICE
              C. C. Deats               Accounting                  Auto. Sales Group        Center Line
                                        dept. Budget, Pricing
    FROM - NAME                                                     DIVISION               PLANT/OFFICE
              P. R. Spittier            & Financial Analysis        Space                     Huntsville
              HUNTSVILLE RACE GARAGE OPERATION
    SUBJECT:
              Reference: Your ICC dated March 11, 1970, same subject



                    We are in receipt     of an Inter plant  Price Agreement, HU-15, SUPP-10,
               in the amount of $291,     900  □  overing the Race Car Operations Garage for a
               pe  rod of one y ear,

                    Pursuant to your instruction pertaining to the fund limitation under the
               subject Circuit Race Program, are we to understand that the aforementioned
               IPA is being cancelled and a new IPA is required to cover the cost through
               December 1969 in addition to the $100, 000 for the period subsequent to
               January 1, 1970?


                    Our current schedule of operation during the upcoming period precludes
               our operating after the third week of April 1970 due to the fund limitation
               imposed on us in your letter dated March 11, 1970.


                    Our costs through December          1969 are $51, 944, Janua          1970 - $24, 246,
               February 1970 - $21, 626, with a        forecast of $54, 128 for the      Ph  O  H  lod March
               1, 1970 through April 23, 1970.


                    Would you    please notify this office of any possibility of additional funding
               being extended    to us for the continued operation of this facility. This
               inforfnatioh i?s







               PRStac

              1
            I J   '  "  i  O r   Sales Gp.                    Huntsvill
             .1   '”
                  o
                        ; HE Burns                            A. E. Douyard
                          E. Gay   nor                        J. E. Call
                                                              W. P. Wright z
                        4 G. Por    o  4                      L. J. Kainz
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