AMA Regains Rights, To Sanction MotoAmerica
PICKERINGTON, Ohio — The American Motorcyclist Ass’n has re-acquired all rights to professional motorcycle road racing in the United States from the Daytona Motorsports Group and will sanction a new American road racing series that will debut next season.
Daytona Motorsports Group purchased the rights to AMA professional road racing in 2008 and has operated AMA Pro Road Racing the past seven seasons. As a result of this new agreement, AMA has regained sanctioning, promotional and commercial rights to AMA-branded road racing, which will now run under the MotoAmerica banner.
MotoAmerica is an affiliate of KRAVE Group LLC, a partnership that includes three-time MotoGP champion Wayne Rainey.
MotoAmerica will promote and manage the commercial aspects of the MotoAmerica series, which will be sanctioned by the AMA and FIM North America. FIM North America is the North American Continental Union of the Fédération Internationale de Motocyclisme, the international body for motorcycle sport.
The KRAVE Group is a Costa Mesa, Calif.-based organization that includes Rainey, the three-time 500cc world champion (1990, 1991 and 1992) and two-time AMA Superbike champion (1983, 1987) Chuck Aksland, a former racer and 20-year manager of Team Roberts who most recently served as vice president of Motor Sport Operations at Circuit of The Americas, Terry Karges, a former motorsports marketing executive and team owner who spent 17 years at Roush Performance before being named Executive Director of the Petersen Museum, and Richard Varner, a motorcycle manufacturer, energy sector entrepreneur, philanthropist and businessman.
The KRAVE (Karges, Rainey, Aksland, Varner) Group owns commercial rights to the MotoAmerica Series and will award AMA and FIM North America No. 1 plates to series class champions.
The group will sell sponsorships, develop other commercial relationships for the series, secure tracks, create the calendar, process crew and media credentials and have responsibility for fan engagement.
“If you are an amateur or professional motorcycle road racer in America, if you are a fan of road racing or if you are a company that does business in this industry, this is an exciting day,” said AMA President and CEO Rob Dingman. “Our goal has always been to entrust the promoting and commercial rights for professional racing to a talented, dedicated, well-capitalized professional entity and the KRAVE Group certainly offers all that and more.”