With out healthy competition in any market will enable one to monopolize that market and dictate the rules and hold the public hostage with a take it or leave it attitude.Eventually the end users will find away to bring down such an monopoly.
I would hope Josh wouldn't quit because of a little competition.I see no threat to his events.In the past we have always schudled our event and our entire race schudle so that we could attend Josh's event at Indy and Norwalk.After 8 years of having the Curt race in June,we graciously moved it to August as not to conflict with Josh's and anyone elses events.
We still feel that these events can enhance each other if promoted and schudled correctly and it can be a win win for both the events and those who attend.If your passionate about what your doing you can succeed even if you have to compete.