WPSA ATV Tour cancelled
By TMX Archives on 7th May 08
POWERSPORTS Entertainment Inc. (PEI) has announced that it is has suspended corporate operations and as a result the American WPSA 2008 PowerSports ATV Tour race schedule is now cancelled. POWERSPORTS Entertainment Inc. (PEI) has announced that it is has suspended corporate operations and as a result the Ameican WPSA 2008 PowerSports ATV Tour race schedule is now cancelled.
Hmmmm...
"All of us here at the WPSA regret that we have no choice but to suspend operations and cancel the ATV tour at this time,” explained Rick Murphy, chief executive officer of PEI.
"We have been working diligently for many months to fundamentally improve our business model and acquire financing that would allow us to move forward, but we were not able to consummate the contemplated transactions and we foresee no significant increases in sponsorship or event revenue that would gap the projected deficits,” added Murphy.
In English that means they didn't get the money sorted to do the job...
"While the company is considering a variety of options, none of these options would happen quickly enough to justify running the WPSA Championship ATV Tour according to our established standards and we believe that it is best to cancel the 2008 ATV season rather than attempt a watered down version,” said Scott O'Malley, president of PEI.
"We are attempting to find remedies that would allow us to resume operations, but at this time we have no firm solutions. Hopefully we will be successful in our endeavours.”
In English that means they are screwed...
"On behalf of Rick, Scott, Tes, myself, the WPSA staff, our volunteers and everyone else who worked their tails off to make the last two seasons happen, we offer our heartfelt thank you to the sponsors, our TV production company, the track owners and their local crews, the team owners, and all of our racers, parents and families who supported us so strongly,” said Kent Lungstrom, executive vice-president of PEI.
"It deeply saddens all of us that we are not in a position to continue at this time and we regret that we have to shutter such a great series after much too short a run.”
In English that means bye bye...
Of course that sort of thing would never happen here in the UK. OK, it has, it does and it will do in the future. What's left of it...
The problem, as fleetingly touched upon by MX GP and Weston organiser Gareth Hockey in last week's issue, is that, in the USA it seems, as well as here, those with most to gain in the off-road industry are often represented by middle management dullards, who's prime aim in life is to keep their heads down until they get moved somewhere else in the company where they can sit back and take their comfortable little wage slip and keys to the Ford Mundaneo, without taking a single risk, and then gloat when those who are trying their hardest to move things on and make a few bob, get it wrong or get dumped upon.
The Big Bosses of the Big Companies probably never even get to hear about the problems facing organisers, so they never even get the chance to do nothing about it. Or more likely they are only interested in the sales figures anyway.
How many times do you see a news story on the latest Big Company man-in-a-suit, who claims to be an ‘ex-rider' who is ‘‘...looking forward to getting his boots dirty again.''
What a load of old crap. These people are just ‘box-movers'. They don't give a monkey's if the box contains dirt bikes, quads or paper plates.
How often do we hear it said that off-road sport is dying? Well it's not dying. It's being MURDERED by those with most to gain from it.
Just a personal view you understand...