Motorcycling Australia has confirmed that they will be reducing the funding for Australian teams and individual competing overseas at international events in 2016.
While M.A are still to officially announce the exact budget cuts and are set to release more details in the near future, any cuts to teams such as our highly successful ISDE team, Motocross of Nation and World Championship contending Speedway team amongst others could have a big impact on Australia's strength on the international stage going forward.
The cuts are due to a reduction in Motorcycling Australia's funding from the Australian Sports Commission as stated in the official statement that was release by Motorcycling Australia late this afternoon and can be read below.
"As advised in the 25 November Board Report, all aspects of Motorcycling Australia (MA) business has been subject to review to take account of our current financial position and strategic focus." The statement read.
"With the intent to return MA to a balanced budget and as a consequence of the significant reduction in funding from the Australian Sports Commission (ASC) we have, unfortunately, had to make some tough decisions for 2016 for high performance and international programs.
"In particular, funding to support individuals and teams competing internationally across disciplines such as Enduro, Trials, Motocross and Speedway will be reduced in 2016. This will result in there being insufficient funds to cover all costs for individuals and teams.
"Details on the process to secure available grants to support Australians competing at the highest level internationally in 2016 will be available soon. MA will also extend support to teams to assist them in securing sponsorships.
"In 2016, MA will implement a thorough review of the national junior development, pathway, high performance and international programs. We regard these programs as essential, however, we also recognise a new approach is needed to achieve a positive and sustainable outcome that delivers world class results for both local and international participants.
"These decisions have not been taken lightly and are a result of many months of review and analysis by the Board and MA management.
"We will now look to finalise our national strategy that we are developing collaboratively with the State Controlling Bodies to ensure the sustainable growth and success of our sport." The statement concluded.