Well folks, I did the smart thing and just gave away my $500 bet to the fellow just so I can have a working 540. Anyways he told me his motor is series wound. Well I looked up what a series wound motor is and found out that this kind of motor is for heavy loads, like winches, cranes, and oil pumps, and traction applications in freight trains. I'm no expert with the electrics, but after reading up these suckers, I sure as hell want do the bet thing again!!! Oh well at least my 540 will outrun those suckers in a race.