The Public Liability Crisis is beginning to effect speedways across Australia.

Massive increases over the past 2 years has seen the closure of some struggling venues, and those continuing, being forced to accept a 700% rise in premiums.

Parramatta City Raceway has been forced to postpone the first meeting until a policy is available.

"The situation is not pretty" said Grafton and Lismore Speedway promoter Greg Coombes. "The Department of Sport & Rec have put a strict set of rules in place to ensure a suitable policy is taken by tracks in NSW."

NASR have yet to finalise its policy price until it is known how many tracks are in the scheme.

"I have full confidence in the NASR Public Liability Insurance being offered, and urge all tracks to support the scheme. Because of its excellent credibility, it is the only policy available that the Government will accept, and although it's extremely expensive, for Speedway to continue, we are all going to have to make sacrifices to continue enjoying our wonderful sport."

New legislation before the Government at the moment promises to relieve the situation, although it will take some time to come into effect.

"I read through the new proposals, and they look fantastic, although I believe it could be 2, possibly 3 years until we see any sort of real effect on our policy prices. I would like to say that claims will drop, but I have never had a claim in the 6 years I've been promoting anyway."

Grafton Speedway is fortunate that it's first meeting falls before last years policy expires. It is set to run on October 5th.

"Everything after October 14th is in doubt at the moment, but I'm confident that a policy will be in place for Lismore's season"