Joined Feb 2007
6K Posts | 58+
Rovrum S,Yorks Eng
Oh dear,
the credit cruch bites again,or is it a excuse for sponsors etc to pull the plug
there seems a lot ppl pulling out of all motorsports but is the credit crunch that bad.?
Stiggy Honda Forced To Close Up Shop
Sunday, December 13, 2009
This just in:
Stiggy Racing Honda forced to an end
The Stiggy Racing Honda team has under it's five years of participation been very successful, but never the less found it self put in a difficult economical situation and has been forced to withdrawal from the Superbike and Supersport World Championships in 2010
The decision has been made after an close evaluation of the teams poor economical situation which was created during this years expanded venture by participating in both Championship classes. A hugh financial project that was poorly executed by the teams investors as a result of failure to it's financial commitments of the 2009 season.
The Stiggy Racing Honda team has since its beginning shown great potential. Starting up in 2005 in the SSP class slowly building it's ground in the championship and year by year advancing to finally set a solid mark as a top contender in the Championship. The team managed its best result in 2008 by finishing third in the SSP championship with Australian rider Joshua Brookes.
Being a private team in a Championship like Superbike, consisting of seven factory teams means not only stiff competition on track but also means a beforehand financial weakness, making it very difficult to survive without a solid financial backup and support from it's surroundings. Despite financial disadvantages the team has been able to achieve incredible performance in its SBK rookie year. Debuting the season with a third place podium finish, repeating another three podiums places during the season including 11 top five finishes. Giving Leon Halsam the title as best privateer rider, taking a sixth place in the Championship. The team ended its year as the fifth best ranked team in both SSP and SBK classes 2009.
A magnificent result by everyone involved with the Stiggy Racing Honda team since its beginning. An achievement to be proud of and by that finishing it's career with heads held high.
ENDS
the credit cruch bites again,or is it a excuse for sponsors etc to pull the plug
there seems a lot ppl pulling out of all motorsports but is the credit crunch that bad.?
Stiggy Honda Forced To Close Up Shop
Sunday, December 13, 2009
This just in:
Stiggy Racing Honda forced to an end
The Stiggy Racing Honda team has under it's five years of participation been very successful, but never the less found it self put in a difficult economical situation and has been forced to withdrawal from the Superbike and Supersport World Championships in 2010
The decision has been made after an close evaluation of the teams poor economical situation which was created during this years expanded venture by participating in both Championship classes. A hugh financial project that was poorly executed by the teams investors as a result of failure to it's financial commitments of the 2009 season.
The Stiggy Racing Honda team has since its beginning shown great potential. Starting up in 2005 in the SSP class slowly building it's ground in the championship and year by year advancing to finally set a solid mark as a top contender in the Championship. The team managed its best result in 2008 by finishing third in the SSP championship with Australian rider Joshua Brookes.
Being a private team in a Championship like Superbike, consisting of seven factory teams means not only stiff competition on track but also means a beforehand financial weakness, making it very difficult to survive without a solid financial backup and support from it's surroundings. Despite financial disadvantages the team has been able to achieve incredible performance in its SBK rookie year. Debuting the season with a third place podium finish, repeating another three podiums places during the season including 11 top five finishes. Giving Leon Halsam the title as best privateer rider, taking a sixth place in the Championship. The team ended its year as the fifth best ranked team in both SSP and SBK classes 2009.
A magnificent result by everyone involved with the Stiggy Racing Honda team since its beginning. An achievement to be proud of and by that finishing it's career with heads held high.
ENDS
