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Old 03-10-2008, 02:19 AM   #1 (permalink)
Grandpa Before My Time
 
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Join Date: Jul 2005
Bike: 2008 Kawasaki KLR 650
Location: Dallas, Texas Directly above the center of the earth.
Posts: 11,240
Exclamation Going once, Going twice, Sold!
Below is a link to the complete transcript of friday's press conference on the AMA's sale of its racing properties to the Daytona Motorsports Group.

In summation the AMA is no longer in the business of sanctioning any form of Pro Motorcycle Racing. They have sold everything lock, stock, and barrel.

Quote:
Q: Roger, can you define, is this is a sale? Is it a licensing deal? What’s the term? How long does it last?

EDMONDSON: Well, it’s an acquisition, and it lasts as long as we’re in business. We are not licensing or borrowing or leasing AMA Pro Racing rights. We are buying the rights. And so we will replace the AMA as the sanctioning body for AMA Pro Racing activities.

Q: So it’s a full sale?

EDMONDSON: A full sale.

DINGMAN: I would point out that it does exclude the Supercross and Arenacross, as those rights are held by Live Nation.
As for me this is a sad day.

A Complete Transcript Of Friday's Press Conference On The AMA's Sale Of Its Racing Properties To The Daytona Motorsports Group News Article // RoadracingWorld.com


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