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                                                                  Exhibit  10.27

                              AMENDED AND RESTATED
                             RENEWAL PROMISSORY NOTE

AMOUNT: $500,000.00                                           Date: May 26, 2004

      FOR VALUE RECEIVED, Redline Performance Products, Inc., a Minnesota
corporation, (hereinafter referred to as the "Borrower") with an address of 1120
Wayzata, Boulevard East, Suite 200, Wayzata, MN 55391, promises to pay to the
order of Community National Bank, a banking corporation, which is organized and
existing under the laws of the United States (hereinafter referred to as the
"Bank"), at 5481 St. Croix Trail, North Branch, Minnesota 55056 or at such other
place as the holder hereof may hereafter from time to time designate in writing,
in lawful money of the United States of America and in immediately available
funds, the principal sum of FIVE HUNDRED THOUSAND AND NO/100THS DOLLARS
($500,000.00), or such amounts as may be advanced in the discretion of the Bank
and in accordance with the Loan Agreement, together with interest on the unpaid
principal balance of this Amended and Restated Renewal Promissory Note
(hereinafter referred to as "Promissory Note") outstanding from time to time,
from the date hereof until this Promissory Note is fully paid according to the
terms hereof, at an annual rate that shall at all times be equal to a fixed rate
of nine percent (9%), computed on the basis of the actual number of days elapsed
in a 360 day year.

      This Note amends, restates, replaces and supercedes that certain note
executed by Borrower in favor of Lender dated March 26, 2004, in the original
principal amount of FIVE HUNDRED THOUSAND AND NO/100THS DOLLARS ($500,000.00)
with an outstanding principal balance of FIVE HUNDRED THOUSAND AND NO/100THS
DOLLARS ($500,000.00) as of the date hereof, which amount is incorporated
herein.

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      Payments of interest only shall be made on this Promissory Note commencing
on June 26, 2004, and shall continue on the same date of each month thereafter.
On and after the date of this Promissory Note, Borrower shall also pay to Bank
the following principal payments:

            A.    No portion of the proceeds received from the sale of each
      snowmobile manufactured by Borrower to be sold to a dealer located in the
      United States that has been approved by GE Commercial Distribution Finance
      Corporation (hereinafter referred to as a "Unit") for the first
      Twenty-five (25) Units sold shall be required to be made to Bank as a
      principal payment on this Note; and

            B.    Following the sale of the first Twenty-five (25) Units the
      Bank is to receive Seven Thousand and No/100ths Dollars ($7,000.00) from
      the sale of each Unit sold to be applied to the outstanding principal
      balance of this Note and to a renewal promissory note of the same date in
      the original principal amount of One Million Nine Hundred Thirteen
      Thousand and No/100ths Dollars ($1,913.000.00) until Borrower has repaid
      the entire principal balances plus interest on both Notes. Said Seven
      Thousand and No/100ths Dollars ($7,000.00) payments are to be applied on a
      prorata format according to the remaining principal balances of both
      Notes, with 78.61%, or Five Thousand Five Hundred Three and No/100ths
      Dollars ($5,503.00), of each Seven Thousand and No/100ths Dollars
      ($7,000.00) payment to be applied to the One Million Nine Hundred Thirteen
      Thousand and NO/100ths Dollars ($1,913.000.00) Note, and 21.39%, or One
      Thousand Four Hundred Ninety Seven and No/100 Dollars ($1,497.00), of each
      Seven Thousand and no/100ths Dollars ($7,000.00) payment to be applied to
      this Note.

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            C.    If not sooner paid, all principal and interest shall be due
      and payable in full on this Promissory Note on November 26, 2004, as a
      BALLOON PAYMENT. This Promissory Note may be paid in full or in part at
      any time without penalty. Any partial payment shall be applied first to
      outstanding interest and the balance against principal.

      This Promissory Note is secured by a security interest created by security
agreements dated November 26, 2003, March 30, 2004, and May 26, 2004 in the
property of Borrower ("Security Agreement"). Payment of this Promissory Note and
performance of Borrower's obligations under the Loan Documents are guaranteed by
Howard A. Dahl ("Guaranty"), which Guaranty is secured by a Third Party Pledge
and Security Agreement granting a security interest in a certificate of deposit
in the amount of One Hundred Thousand and No/100ths Dollars ($100,000.00). The
parties hereto have also entered a Loan Agreement ("Loan Agreement") on the same
day as this Promissory Note. This note is also secured by an assignment of
proceeds between Borrower and GE Commercial Distribution Finance Corporation
("Assignment"). All of such documents are hereinafter referred to as the "Loan
Documents" and are incorporated herein by reference.

      If an event of default occurs in the terms of the Loan Documents, the
entire principal balance of this Promissory Note, with all accrued interest
thereon, shall, at the option of the Bank, then or any time thereafter, become
immediately due and payable. Any failure of the Bank to exercise such option to
accelerate this Promissory Note at any time shall not constitute a waiver of the
right to exercise the same right to acceleration at any subsequent time.

      Upon the event of default in the terms of this Promissory Note or the Loan
Documents, the Bank shall give notice in writing to the Borrower by mailing said
notice by U.S. Mail to the last known address of the Borrower advising them of
the event of default. In the event the

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default is not cured within thirty (30) days of mailing of the notice, the Bank
may proceed with such remedies as are allowed by law, this Promissory Note
and/or the Loan Documents.

      In the event any payment is not made when due and is more than ten (10)
business days late, the Borrower shall pay a penalty in the amount of five
percent (5%) of the delinquent amount.

      If this Promissory Note is not paid when due, regardless of how such
maturity may be brought about, or is collected or attempted to be collected by
the initiation, prosecution or defense of any suit, in any district court,
probate, bankruptcy court or other judicial proceeding, or is placed in the
hands of an attorney for collection, then the Borrower shall pay in addition to
all other amounts owing hereunder all court costs and reasonable attorneys' fees
incurred by the holder hereof in connection therewith, including, but not
limited to, reasonable attorneys' fees for trial or for the pursuance of, or
defense of, any appellate procedure.

      This Promissory Note may be prepaid in whole or in part, at any time
without Penalty or Premium. All makers, endorsers, sureties, guarantors and
accommodation parties hereby waive presentment, dishonor, notice of dishonor and
protest, and consent to any and all extensions, renewals, substitutions and
alterations of any of the terms of this Promissory Note and any documents
related hereto, including the Loan Documents, and to the release of or failure
by the Bank to exercise any rights against any party liable for or any property
securing payment thereof.

      This Promissory Note shall be governed by and construed under the laws of
the State of Minnesota.

      THE BANK AND BORROWER HEREBY VOLUNTARILY, KNOWINGLY AND INTENTIONALLY
WAIVE ANY AND ALL RIGHTS TO TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING
ARISING UNDER THE LOAN DOCUMENTS OR CONCERNING THE INDEBTEDNESS EVIDENCED HEREBY
AND/OR ANY COLLATERAL SECURING SUCH INDEBTEDNESS, REGARDLESS OF WHETHER SUCH
ACTION OR PROCEEDING CONCERNS ANY CONTRACTUAL OR TORTIOUS OR

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OTHER CLAIM. THE BORROWER ACKNOWLEDGES THAT THIS WAIVER OF JURY TRIAL IS A
MATERIAL INDUCEMENT TO THE BANK IN EXTENDING CREDIT TO THE BORROWER, THAT THE
BANK WOULD NOT HAVE EXTENDED SUCH CREDIT WITHOUT THIS JURY TRIAL WAIVER, AND
THAT THE BORROWER HAS BEEN REPRESENTED BY AN ATTORNEY OR HAS HAD AN OPPORTUNITY
TO CONSULT WITH AN ATTORNEY IN CONNECTION WITH THIS JURY TRIAL WAIVER AND
UNDERSTANDS THE LEGAL EFFECT OF THIS WAIVER.

      This instrument executed the date and year set forth above.


                                         REDLINE PERFORMANCE PRODUCTS, INC.

                                         BY: /s/ Mark A. Payne
                                             -----------------------------------
                                             MARK A. PAYNE, PRESIDENT & CHIEF
                                             FINANCIAL OFFICER

                                             LENDER:

                                         COMMUNITY NATIONAL BANK

                                         BY: /s/ Curtis A. Martinson
                                             -----------------------------------
                                                 CURTIS A. MARTINSON
                                                 EXECUTIVE VICE PRESIDENT

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