SX Global Announces Inaugural Four Teams
SX Global has announced the first four of 10 exclusive teams that will compete in the inaugural FIM Supercross World Championship (WSX). The teams are MotoConcepts Honda, Pipes Motorsports Group, Bud Racing Kawasaki and GSM Yamaha
“These four teams bring the level of experience, credibility and operational and competitive excellence needed to deliver the highest levels of competition to fans around the world; and we couldn’t be more excited about their award licenses,” said Adam Bailey, managing director of SX Global in a statement. advancing our sport and expanding its relevance around the world, and that is exactly the case for each of these teams and owners.”
These four teams were selected for their ability to leverage their existing experience to field competitive entrants from the 450 and 250 classes.
The WSX Series will use a model that assigns exclusive team properties as a way to manage the competitive landscape for their shareholders. It is believed that this exclusivity will increase the value of teams over time, just as NASCAR’s charter system has done for these organizations.
In the release, SX Global also announced that 40 teams from around the world applied to be among the top 10 teams.
“For a sport or business to grow successfully, financial structures must establish broader revenue potential and overall returns for owners and investors,” said Tony Cochrane, President of SX Global. “It’s a model that’s been proven for decades at the highest levels of professional sport, yet it doesn’t exist in supercross, and we’re changing that.
“For the first time, supercross team owners have a true investment platform, with the ability to grow the financial value and equity of their teams over time.”
AFTER: SX Global Announces FIM Supercross World Championship Series
To further this goal, SX Global has allocated $50 million for team and driver support over the first five years.
MotoConcepts Honda and Pipes Motorsports both have ties to American Monster Energy Supercross and Lucas Oil Motocross series.
MotoConcepts fielded bikes for Justin Brayton and Vince Friese. Pipes has experience as both a driver and manager for Twisted Tea/HEP Motorsports. This team will field Suzuki bikes.
The other two inaugural teams, Bud Racing and GSM Yamaha, have French connections.
Bud Racing will be helmed by Stéphane Dassé, who has worked with Marvin Musquin and Dylan Ferrandis in the past. Serge Guidetty and the GSM Yamaha team are the current French supercross champions.
Four events are planned for a 2022 “pilot season” that will propel riders into 2023, when the series begins its annual calendar of events between June and November, providing a seamless continuation of supercross competition after the Monster Energy season ends. super cross. at the end of May.
To keep anticipation high, the World Series will feature the richest championship prize pools in sports history, with a total of $250,000 up for grabs in each round.