In an exciting convergence of minds and ideas, the recent Motocross Track Owner Roundtable gathered over 40 track owners, fostering a much-needed dialogue about the pressing issues surrounding our sport. As the dust settles on this event, we look back at the engaging discussions that took place, and we look forward to announcing more initiatives slated for 2025 that aim to strengthen our motocross community.
At the forefront of the discussions, Mike Bambrick, founder of Full Throttle, highlighted the urgent need for collaboration among track owners. We must tackle challenges that threaten track closures nationwide. A recent survey revealed that track owners are eager to network. They want to share experiences and strategies to learn from each other. Eric Anderson, founder of Vroom Network, emphasized the necessity of forming a formal association to champion motocross interests. This collective effort is now more important than ever.
The roundtable featured critical insights from attorney Render Freeman, who discussed a tragic case stemming from a fatal accident in Georgia. His analysis underscored the imperative of clear differentiation between maintenance activities and riding events, as well as the implementation of stringent safety protocols. Freeman highlighted the legal implications of maintaining proper corporate structures and the complexities involved in waivers for minors. Parents can sign on behalf of their children, but it’s crucial to understand that they cannot fully eliminate liability—an essential takeaway for all track operators.
Rick Lindsey from Prime and XINSURANCE provided essential advice on motocross insurance. He emphasized the need to partner with an insurance provider who understands track operations. Lindsey urged track owners to ensure coverage for all participants. He also encouraged operators to use waivers directly from their insurance companies. This approach helps mitigate risks and ensures comprehensive protection.
Donald Birdsong shared invaluable insights into the insurance market, highlighting which carriers are eager to cover motocross operations. His expertise proved essential for track owners seeking to navigate the complexities of insurance coverage. By identifying the providers with a genuine interest in our sport, Birdsong equipped attendees with the information needed to make informed decisions and secure appropriate coverage for their facilities.
Expert Steven Rogé shared valuable insights on financial management. He showed track owners how to manage cash flow effectively and diversify revenue streams. His strategies emphasize embracing technological innovations to boost operational efficiency. Rogé also advised on controlling expenses and prioritizing high-impact investments. Additionally, he highlighted the importance of sound retirement planning. His insights are timely, providing track owners with essential tools to navigate financial challenges in facility management.
In his expert analysis, Roy Janson shed light on the current insurance landscape, emphasizing the challenges posed by ongoing litigation and the inconsistent recognition of waivers across various states. His insights underscore the critical necessity for adaptable and robust insurance solutions specifically designed for motorcycle tracks. As the industry navigates these complexities, the demand for tailored coverage that addresses unique operational risks has never been more pressing. This will ensure that track owners can safeguard their facilities while focusing on promoting the sport.
Expanding on the need to foster community connections, Eric and Mike discussed innovative marketing strategies that can uplift local businesses and tracks alike. They emphasized the power of social media and platforms, like FullThrottle.mx, as vehicles for enhancing local visibility. Community engagement initiatives were also highlighted as a way to promote goodwill and encourage attendance at local events.
The Motocross Track Owner Roundtable was a pivotal event, serving as a powerful platform for knowledge exchange, camaraderie, and collective strategizing. The insights shared within these discussions will help shape the future of our industry as we strive for continual improvement.
As we chart our path forward, we invite the entire motocross community to join us in championing an environment that supports growth, safety, and enduring connections. Keep an eye out for upcoming initiatives in 2025—together, we can build a stronger, more vibrant motocross industry. Sign up for the next session and stay tuned!
