Motorcycle road racing in the US looks set for a revival after its years in the wilderness. Today, the AMA announced that the rights to road racing in the US have been reacquired from the Daytona Motorsports Group, and handed to a consortium led by Wayne Rainey and Chuck Aksland. The KRAVE Group will run a new series of races in North America from 2015, under the joint auspices of the AMA and the FIM.

It has been a long and difficult few years for motorcycle road racing in the US. Since the DMG bought the rights to the AMA Superbike series, at the start of the 2008 season, the series has been in a steady decline.

Long-serving staff were replaced, circuits were dropped, classes were dropped, rejigged and renamed, and the manufacturers – or rather, the national distributors of the Japanese manufacturers – were either chased out of the series, or left over disagreements over the technical regulations.

The series reached a low point this year, when the AMA Pro Racing Superbike series held a grand total of just six races. Making things worse was the fact that just one of those rounds was in California, traditionally a very strong base for motorcycle racing in the US.

To alleviate the situation, Roadracing World’s John Ulrich stepped in to organize the Superbike Shootout, a three-race series held in California and Utah, to offer road racers something approaching a fuller season. However, DMG did not have a deal to televise the Superbike series, relying instead on live internet streaming of the events.

The decline of the series cannot be laid completely at the door of the DMG. They took over the AMA Superbike series at the start of 2008, a few months before the global financial crisis hit. That crisis had a massive impact on all forms of motorsports, and saw a great deal of sponsorship money evaporate.