Following the great success of the last year’s launch of the world cup of air racing, the series has experienced an overwhelmingly positive reaction from the motorsport industry and from our many partners and the fan base around the world.
Our success is actually so rapid that our capacity to manage this growth while organizing safe and successful race events this year would be compromised with the limited resources and manpower that our organization has available. So, although we had four race events officially signed up for the 2016 race season, we have taken the difficult decision to postpone the events in order to further develop the Air Race 1 World Cup series and cultivate the infrastructure of the sport known as formula one air racing, to build a stronger foundation for our long-term expansion in the near future. Although the series are postponed, the stand alone event, so-called National Championship Air Races, held in Reno, NV each year, will be taking place as initially decided, from the 14th to the 18th of September. There, you can follow the formula one air racing teams as they push their way through, to earn the big national title.
While the reasons for our new strategy are very positive, it is also important to acknowledge that there were other external threats to the series this year, outside of our control, including security risks, health advisories and lengthy official authorizations, that further increased the complexity of the events confirmed for 2016. In the face of such force majeure risks our organization would have met a compounded challenge this year to deliver the world-class high profile events that we promise.
The Air Race 1 World Cup is going to take the necessary time to evolve, internally and externally, so that the series will have the best possible chances to become a mainstream sport. An emphasis will be placed on building new race aircraft, training new rookie pilots and establishing long-term partnerships, while raising new investment capital going forward.
We wish to deeply thank our fine Host Partners in Spain, Puerto Rico, Tunisia and the USA, and all our race teams and partners for their kind understanding and acceptance of the new strategy and we greatly appreciate their valued ongoing partnerships. We will continue working with the racing associations and the teams and our sponsors to prepare ourselves and the sport for the future.
Photo by Naomi West