Our race scheduled for 18 May 19 has regretfully been canceled.
So as to fill in everyone in with what's going on, since the end of March we have been in detailed negotiations with our landlords at Southern California Flat Track for a renewed lease agreement. Our previous agreement ended at our last event in April and all parties have been working hard to work out a long term plan.
Our previous agreement was made some years ago and needs updating as both promotion and landlord face increasing costs, logistical issues and overhead, some of which are out of everyone's control. We have a few different options on the table but we all are in agreement not to rush matters, sign something without doing all due diligence and create problems down the line. Our preferred option will require more initial financial outlay and planning time on our part but could turn out very good for speedway long term.
Anyone who may be concerned about the future of speedway at Perris Raceway should be rest assured that what we are actually doing is securing a long term and viable future for our growing racing program. We are planning to back in time for our June 29 race and of course the year will once again end with FIM World Championship Speedway at the North America Final.
We have a great relationship with our landlords and all negotiations have been very upbeat, honest and professional. It's very close to being completed but not quite ready yet. Given one of our possible directions, we may well need more resources such as on the day staff. If you want to become involved, do get in touch with me.
Once more, we are sorry about skipping the 18th but I expect we'll have matters resolved in the next 2-3 weeks and then be moving forward!
Steve Evans (May 9, 2019) |
