The second round of the Motocross Track Owner Roundtable served as a transformative platform for trailblazers within the motocross community. Organized by Mike Bambrick of Full Throttle and Eric Anderson of Vroom Network, this dynamic session invited industry professionals to come together and share critical insights on finance, marketing, advocacy, and rider safety. The overarching aim was clear: to empower motocross track owners by fostering collaboration and exchanging innovative ideas that can elevate the sport.
As the roundtable unfolded, Mike Bambrick provided a thorough update on the progress made since Round 1. The persistent issue of securing insurance coverage for motocross tracks was front and center. In an encouraging development, the identification of Prime Insurance as a dedicated partner emerged from previous discussions. Mikes urged track owners to maintain strong relationships with their brokers while also collaborating with Prime Insurance to address specific coverage needs.
This proactive approach is essential in a market where challenges from landowners, including skyrocketing lease rates, can threaten operational stability. Attendees were reminded of the value of building partnerships among track owners, landowners, and insurance providers to ensure sustainable solutions are reached.
During the discussions, a consensus emerged around the need to develop best practices, particularly concerning waivers and liability protections. Track owners should obtain waivers directly from their insurance carriers to ensure adequate protections are in place. The inclusion of minors under insurance policies presents a noteworthy advantage, as Prime Insurance is willing to provide coverage in this area, benefiting many tracks.
The roundtable also emphasized the significance of advocacy, particularly regarding potential legislative frameworks like the Equestrian Act, which limits liability for equestrian events. The notion that a unified effort could yield similar protections for motocross tracks was met with enthusiasm. Participants were urged to remain engaged in these advocacy efforts, signaling a collective desire to create meaningful change in the face of ongoing challenges.
AJ Catanzaro, CEO of The Moto Academy, captivated attendees with his insights on rider safety and track design. His expertise shed light on several critical areas:
Parker Folkert, a financial planning expert from Northwestern Mutual, brought forth vital insights centered on financial stewardship. His key points included:
The roundtable featured an impactful segment by Duane Taylor from the Motorcycle Industry Council. His call for collective action resonated strongly:
Taylor Miller from Racer X contributed significantly by discussing the Racer X Track Network as a powerful tool for enhancing track visibility:
Round 2 of the Motocross Track Owner Roundtable was more than a meeting—it was a clarion call for collaboration, education, and advocacy within the motocross community. The insights and strategies exchanged pave the way for not only overcoming existing challenges but for seizing new opportunities for growth and innovation.
As the community moves forward, the call to action remains clear: unite, advocate, and innovate. Together, we can cultivate a vibrant legacy for motocross that perseveres for generations to come.