Dec 31, 2012
© 2014, Roadracing World Publishing, Inc.
by David Swarts
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1993 500cc Grand Prix World Champion Kevin Schwantz. David Swarts, copyright Roadracing World Publishing, Inc.
The Schwantz School, the motorcycle riding school owned and operated by 1993 500cc Grand Prix World Champion Kevin Schwantz, is dramatically scaling back its operation for 2013 due to economic conditions.
Instead of the six, multi-day events held at a variety of tracks in 2012, there will be only one Schwantz School scheduled for 2013, an event to run in conjunction with the Red Bull Indianapolis Grand Prix at Indianapolis Motor Speedway in August.
Schwantz said lackluster attendance and a reduction of motorcycle manufacturer support have led to the current situation.
"Since I haven't had any real support from Honda or Suzuki, any real financial support -- they've given us bikes and things like that -- but it's hard to take the level of program that we've put together and scale it down or make it make sense by doing it any other way," Schwantz told Roadracingworld.com Monday. "We always received a financial contribution from those manufacturers. Since 2008, that hasn't been happening. We did our best to trim back and not have the expenses we had when we were getting [financial] contributions, but it hasn't worked out. Like I said, we can't cut back on a program that we feel in our minds is the best one out there. I'm not going to make it a lesser program just to accommodate a few more people.
"It's been a break even thing, not really even a money-maker here recently. I've got a lot of stuff I can do and have a lot of fun doing it and not make any money at doing it either, just having a good time.
"We'll go do Indy. I've got a couple of other things working right now, maybe some schools overseas and stuff like that. I'm sure I'll end up with a schedule busier than I really care to have before the year's over. Right now, one school at Indy, and if that date fills up we'll try to do a second one."
But this is definitely not the end of the Schwantz School, said the MotoGP Legend.
"We're going to downsize, scale it back for a year, maybe two, if we need to," Schwantz said.
And if renewed interest or additional sponsorship materializes, additional schools can be organized as soon as this year.
"I still have the possibility of doing a four- to six-school season, if that much excitement came about," said Schwantz.