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”Our engine bill for one race is $36,000 and you figure tires are another $8,000. That`s $44,000 right there and you haven`t even talked labor and hotels and travel and entry fees.” – Dick Simon, on the high costs of race car driving.

RTA CHAIRMAN GAYLE M. FRANZEN, CALLING FOR A REGIONAL TRANSIT SERVICE: ”I`m not going to be the captain of the Titanic. . . .We are headed for an iceberg, and we have to steer clear of it.”

”It`s stupid to do this.”

-Elderly Muslim, concerned that the Serbs are pressing a campaign of ”ethnic cleansing.”

”He better resign soon or we`ll start all over again.”

-Student leader of Thai pro-democratic demonstrations, on Prime Minister Suchinda Kraprayoon.

”They stereotype black men.”

-A black resident of Elkhart, Ind., on the city`s police treatment of young people.

”(Octave) Chanute was reponsible for propelling American aeronautics from folk technology to the status of an engineering discipline.”

-John Davis, on the aeronautical pioneer from Chicago.

”Murphy has a baby…Quayle has a cow.”

-Philadelphia Daily News headline.

”It`s the best Yank music I`ve ever heard.”

-A British patron in a Russian pub, listening to young Russians play American country music.

”It is appropriate to recognize that the firm has taken effective steps to restore its good standing.”

-SEC Chairman Richard C. Breeden, on Salomon Inc.

”I wouldn`t care.”

– Police Supt. Matt Rodriguez, on the probability that there might already be gay district commanders on his police force.

”It`s time that we ban the weapons of graffiti in Chicago.”

Ald. Edward Burke (14th), on the City Council`s spray paint ban.

”I was just waiting for pain, but I never felt.”

-Denny Wesemann, on realizing he was paralyzed from a teenage drunken-driving accident.

”The typical boss definitely doesn`t want the annual report to look expensive this year.”

-Publisher of Sid Cato`s Newsletter on Annual Reports.