Despite financial problems at Spain’s Jerez de la Frontera racetrack, Visordown is reporting the first European MotoGP race of the season will still be underway there on April 3. â€¨The courts have frozen the track’s circuit management company’s assets over 2.5 million euro in unpaid debts, and earlier speculation had the race torpedoed by money woes.
If you’ve got tickets to the 2011 race you can breathe easy now, but there’s a bigger question here: Is motorcycle racing in trouble? â€¨â€¨Motoblog.it seems to think so.
The Italian website lists Jerez de la Frontera, Germany’s Nurburgring, and tracks in its own country such as Monza, Imola, Pergusa, and Vallelunga as prime examples of a sport in decline; writer Massimo Falcioni says rising costs at the tracks are making it harder and harder to operate, as well as driving up track day fees and ticket prices for fans, making the sport less accessible to viewers and those who just want to practice.
The economic recession has also hurt advertising, sponsorships and factory racing funding, he also writes. Need more evidence? MotoGP’s move to the Moto2 and Moto3 classes appear to be planned with tighter finances in mind.â€¨â€¨We’d love to know what you think on this issue. Are you noticing changes at your road racing track? Have added safety measures or insurance hikes driven up the cost of your racing efforts? Is racing getting too expensive?