As far from what I've seen here BKI had an agreement with 2% on the wholesale price what would be something like +/- 80 euros per boat, that maybe every builder or client has to pay per boat. Someone posted something about an offer of 1000000 € or $? as royalties for LPE per year that would mean 500-700 € per boat if the name Laser stays with the class. Since LPE as Trademark owner does not have to pay, but all other builders have to pay to LPE it could still be a somehow unfair competition between the new builders (and LPA/LPJ when they have to pay royalties to LPE for sales in their region) and LPE. I'm interested how ILCA and WS want to solve this. It would be much fairer in my opinion if the class would vote for changing the class rules like explained by Eric to avoid such unfair competition. LPE would already have enough advantage due to not having to invest in new tooling, marketing and building up a new dealer network.Of course but that is why I am asking Tracey if the same royalty is being applied to all existing builder equally.
Maybe Tracey can answer how this all fits together, and if my fears are true.