WORKINGTON have announced their withdrawal from the Championship.
The 2018 Treble-winners have been part of the second tier for the last twenty years, but owner Laura Morgan says hopes of additional backing for the Derwent Park side have not come to fruition.
The club have stated they intend to apply for their licence to be placed ‘on ice’ with a view to returning to the sport in 2020.
Morgan said: “For so many reasons this is one of the hardest decisions I have ever had to make in my life.
“Last season was by far and away our most successful season on-track and far exceeded the expectations of everyone connected with the club. However, that success came at a huge personal financial cost and we are still dealing with the consequences.
“Following our success and the publicity generated we tried to secure some significant additional backing to take us into the new season, and after initial enthusiasm that has proved to be extremely difficult.
“Unfortunately, time is running out and following on-going dialogue with the BSPA, we have reached a point where we need to reluctantly make a sensible decision.
“With just two months to go before the start of the new season we cannot, however much we would like to, allow this to drag on as we need to be fair to the riders, other clubs and the BSPA for the good of the sport.
“Even as late as last week we were hopeful we could still continue; however, for several reasons, that has ultimately proved impossible.”
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