Cycle News

Cycle News 2020 Issue 03 January 21

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

Issue link: https://magazine.cyclenews.com/i/1202358

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AMERICAN FLAT TRACK CEO MICHAEL LOCK: PART 2 P88 Interview and safer racing environment. Now all this costs money, so do you have a series sponsor on the horizon yet for 2020? What we're doing is looking at the model a lot of sports are going into now, including for example NASCAR, where they're moving away from category and title sponsors, and much more towards a model of tiered spon- sorship. So, if you come in at the top tier as a sponsor, you get a lot of assets, and you get a lot of visibility and communications and support and positioning. And there could be three, four, five of those tiered, top-tiered spon- sors, and then there'll be middle tier and lower tier. We're not at the cutting edge of that, I'm just a student of what some bigger sports are doing. But what it means is, that we should have a much more flexible model, which hopefully means that we have a bigger bucket of revenue to be able to use to improve the sport. Will increasing the revenue mean increasing the prize money? The purses in American Flat Track have risen pretty mod- estly in the last couple of years, because we've not had sponsors coming in specifically supporting them, other than a fine company named Roof Systems which is a commercial roof builder based in Dallas, Texas, headed up by Jerry Stinchfield. Jeffrey Carver is one of his riders, so is Jesse Janisch and, in fact, Shayna Texter was supported by him, too. Roof Systems were the title sponsor for the AFT Singles in 2019, and as part of their spon- sorship package, they contrib- uted towards the purse. They'll be involved again next year in AFT. We need more sponsors Lock sees rider safety as a priority in 2020.

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