[a meeting of international spies is called]Mr Supremo: All right, Mr. Magneto, give me the report!Mr Magneto: As you know, the International Secret Police have been smashing our branch offices. We've discovered that one man is behind the disasters our secret international organization has been suffering. Let us now study a few films of him: the secret agent under the not-secret name of Racer X. [plays a film of Racer X]Mr Magneto: Some of our best brains and top agents proved no match for Racer X as time and again he and his friends out-tricked and outfought them! As you can see, Mr. Supremo, we face the greatest threat since our secret espionage and anarchistic organization was founded. We cannot underestimate the threat to our future posed by this one man. You are witnessing Racer X in action. This secret film was filmed secretly as Racer X confronted two of our top agents, the leaders of one of our main branches. Now, observe carefully the skill with which Racer X defeated a whole company of our most vicious and diabolical fighters! The rest of our report will be made by our agent from Hong Kong.Hong Kong Agent: We were under orders to assassinate a princess from an oil-rich country. Everything went according to plan and the assassination was about to take place. But Racer X was in Hong Kong disguised as a businessman. The assassination attempt failed and our Hong Kong branch was forced to close down. Racer X's business was to put us out of business, and he did!Mr Supremo: I've heard enough! The report is about nothing but failure, failure, failure! What have you people been doing to get rid of Racer X, eh?Mr Magneto: Everything we can, sir! But watch carefully. There's more to our report. Racer X is not the only one who has caused us trouble. A great many of our agents have been defeated by this young man.Mr Supremo: Oh? Who's he?Mr Magneto: A professional racer, one of the best! By the name of Speed Racer. He drives a powerful, specially designed and built car called the Mach 5. Here you see film clips of the Great Alpine Race where he competed against the Car Acrobatic Team, among others. In a moment, you will see and learn something fascinating. Watch closely.Mr Supremo: I'm watching! I'm watching!Mr Magneto: And there you are: Speed Racer and Racer X racing side by side!Mr Supremo: So they competed against each other in the same race, so what?Mr Magneto: But Mr. Supremo, we've discovered that Racer X is secretly Speed Racer's older brother Rex Racer, who ran away from home years ago!Mr Supremo: What?Mr Magneto: It's true! And not even Speed Racer knows Racer X is his brother!Mr Supremo: That's astounding! But are you sure it's true?Mr Magneto: Compare their photographs. See the resemblance for yourself.Mr Supremo: So you have been busy after all! A magnificent job!Mr Magneto: Our next step is to get rid of Racer X forever! This is the Car Acrobatic Team. And now that they will again race against Speed, we're certain that Racer X will also be around. He knows that the Car Acrobats are out for revenge and he'll want to protect his younger brother Speed. That will give us the opportunity we've been looking for! We will take care of Racer X permanently!Mr Supremo: And what about Speed?Mr Magneto: Why worry about him? Without Racer X to protect him, he'll be an easy target for the Car Acrobats and they'll take care of him for us. All we have to do is concentrate on getting Racer X!

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