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Feb 8, 2019

CMRA Files For Bankruptcy, Will Continue Racing In 2019

CMRA racers in action. Photo by David Gillen/dgillenphoto.com, courtesy of CMRA.

February 8, 2019

Today the Central Motorcycle Roadracing Association (CMRA) filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas. This is a direct result of a challenging 2018 season where adverse weather had a tremendous impact on overall event participation. Additionally, financial projections based on sustained unfounded legal attacks are simply unsustainable in the near and longer term.

During this reorganization period, the CMRA intends to continue day-to-day operations and proceed with our announced 2019 race schedule (event details atcmraracing.com). Upon emerging from this process the goal is a restructured CMRA with streamlined operations free from the constraints of unjustified legal actions.

About

The Central Motorcycle Roadracing Association (CMRA), is a motorcycle racing league that holds events in Texas, Oklahoma and Louisiana. Operating continuously since 1974, it remains one of the oldest and largest active amateur racing clubs in the U.S. For more information visit our website at: http://www.cmraracing.com/index.html

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