Golds Gym Trainer 480 Problem

My Trainer 480 was stored on the patio (covered) for a couple of years. I plugged it up the other day and it only has one speed now...like 100mph! I looked for a reset button and the only thing I can find is a red flip switch on the front that turns it on and off. It has two circuit boards that I can see, neither with any kind of reset. Time for new circuit boards?

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