Yes, Mylaps is a total rip-off at $110-130 ea. Entry level into this sport is $170for a Euro truck , And to race the newbie has
to shell out another $120 for a chip that goes "beep"

I-laps transponders are $25 ea.
Timing gate & USB interface is another $300 total .
Livetime software is $40-mo subscription to the track/club
We used the system for a year with no issues.