After reports of insolvency and debts in the area of 25 million euros, I just can’t help but hope this doesn’t mean the end of the KymiRing. Although the would-be host of the new Finnish Motorcycle Grand Prix is going into administration to retain business, 25 million is not a little amount of money.
Why Does KymiRing Have Such a Large Debt?
Remember the last 2 years? Starting in 2020 the Finnish Motorcycle Grand Prix should have been back.
In 2020 and 2021 the welcome back party was postponed due to the pandemic. A further recent announcement meant the cancellation of the 2022 event. This time due to war.
Furthermore, the construction hasn’t been done until very recently.
All those are not the best precursors to hosting a world-class racing event. And so it came to be that a racing circuit built for one goal only, hosting the MotoGP, hasn’t managed to do so in 3 years. With no income to offset the outstanding invoices, sooner or later debtors would start complaining.
Some might say basing most of your income on one source is risky. Those people would be right. And the risk did not pay off for the KymiRing owners.
What Could Offset the Debts?
Though to be fair, I don’t know how many other racing series they tried hosting to get a bit of income. But then again, would a few other smaller racing series be enough to offset a world-class event with 100s of 1000s of spectators?
Surely, getting some TCR, WSBK or at least more local Eastern European TCR or STCC to the circuit could help alleviate the pain. If you are at the onset of disaster, anything must help, right? Have they tried getting in contact with any of those series? Who knows?
But then again, if construction wasn’t even done until recently, there was little they could do. However, the past is in the past, it’s time to look at the future.
There could be non-racing activities taking place on the grounds of KymiRing. As an example, I can use the Salzburgring, which plays host to the “Electric Love” festival. Surely in Finland they should be able to host a music festival. After all, Finland has the highest percentage of metal bands per inhabitant. Some metal festival could help bring in some of the required dosh. It’s better than doing nothing.
What Needs to Happen Now!
For someone like myself, a supporter of the digitalisation of racing history, laser scanning needs to happen. Please, someone, get in contact with the KymiRing team and laser scan the entire race track! In the name of preservation, please.
I don’t want another situation of a modern race track just being abandoned in the middle of nowhere with not a single digital mention.
Luckily, there is some light at the end of the tunnel, the KymiRing has been featured in the MotoGP video game series since 2020, so digital data is there. It’s just not the most accurate one, unfortunately.
Unfortunately, the KymiRing odyssey keeps continuing. Now it’s just a matter of time until we know when and if racing will ever happen at the KymiRing. Let’s stay hopeful though.