It is with great sadness that the Directors of Swindon Speedway and Stadia UK are announcing permanent closure of Speedway Racing at the Abbey Stadium.

We together made extensive investigations with a view of keeping Speedway racing at the Abbey Stadium. These discussions have involved the current management and promotion of the club and has extended to a number of possible investors.

The club has concluded that with the prevailing financial climate, the uncertainty over the long-term future of Greyhound racing and the inability to operate additional events, Speedway racing cannot achieve anything like a break-even financial position, short or long term. Sadly, this means that Swindon Speedway will not be able to compete in the coming 2023 season.

However, these recent discussions have revealed a keenness from a number of potential investors to create a new motor sport stadium within the environs of greater Swindon.

It is the intention that the site would be a new build, in an environment which would allow regular use of a stadium specifically for Motorsports. Speedway would form an integral part of this plan.

Consequently, a new company Swindon Motorsports Limited has been formed with the intention of identifying a suitable site and achieving planning permission. It is hoped that this option will bring about the swift return of speedway to Swindon.

Club Chairman Terry Russell said: “I am disappointed that my 17-year involvement with the club has ended. However, I am very excited about the new venture and bringing a new facility built especially for motorsports.”