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NASCAR Hall of Fame posts $1.42 million loss: The NASCAR Hall of Fame, which will induct its third five-member class in January, posted an overall loss of $1.42 million for its first operating fiscal year. Owned and operated by the City of Charlotte through a license from NASCAR, the hall opened in May 2010 and its fiscal year runs from July 1-June 30. The losses are covered from the Charlotte tourism board reserves, but $979,563 of the deficit are royalties owed to NASCAR, which has deferred collecting on those payments until the hall of fame become profitable. The year-end figure was slightly higher than the $1.24 million loss originally forecasted in January as the hall lost $137,895 in June. Attendance for June was 17,604, compared with 28,678 for June 2010, the month after the hall opened.(Scene Daily)(8-12-2011)