The Texas-based Central Motorcycle Roadracing Association is exploring the possibility of selling the assets of the non-profit organization to a new owner in the hopes of improving and securing the future of the series.

CMRA has been a non-profit organization since its inception in 1974, and as such has to operate within certain legal restrictions on financial operations, advertising, and other activities that a for-profit organization could engage in, says Walter Walker, Director of Competition and a longtime racer with CMRA.

“There are a fair amount of limitations that come along with being a nonprofit,” Walker says. “It’s time to make some sort of move. We’re trying to think long term.”

The CMRA Board of Directors is scheduled to hold a meeting at its final 2025 event at Eagles Canyon Raceway to outline what it is looking for in proposals. Essentially, Walker says the organization wants to turn the operation over to a for-profit operator who will continue to run the series. As a for-profit organization, CMRA – or “CMRA 2.0,” as Walker describes it – could have an easier time securing financing for long-term improvements, and the future health of the series is what the organization wants to secure, Walker says.

“We have a huge responsibility not only to our racers, but to our whole community. We have businesses that have tied their operations to what we do,” Walker says. “If this thing goes away, it will negatively impact them. We don’t want to leave them high and dry.”

The term “sale,” in the traditional sense, doesn’t really apply, Walker says. The new operation would purchase the physical and intellectual assets of CMRA, and proceeds would go to winding down the non-profit organization’s operations and dissolving it. If there is any money left, Walker says, it will likely be donated to another non-profit organization. The board members and employees will not receive money from the sale of the assets, Walker says.

The hope is that the new organization will take over operations for the 2026 season. But if none of the proposals are acceptable, Walker says, the plan is to simply carry on with business as usual.

“The money’s not the point. It’s about keeping the thing going. It’s about who’s got the best plan to move forward and keep the thing going. That’s who’s going to wind up with CMRA 2.0 – if it happens,” Walker says. “If we get five proposals in, and every one of them is crap … we’ll just do what we’ve always done, make it to the next round – and the next.”