RR » Financial woe sees axe fall on Bush road races


The Bush road races in Northern Ireland have been cancelled as the organisers struggle to meet soaring costs

Sort Comments: Oldest | Newest

TrueFan

February 01, 2013 3:12 PM

Unfortunately, this will only continue. Road racing is the most hard core of the hard core. It is an extreme sport, where the consequences of a mistake are pretty intense. We like it, because we respect the guts and skill of the riders. Riders love the challenge and the exhilaration of facing the risk, threading the needle and smoking it. About the only sport to compare would be BASE jumping.

Insurance companies don't give a rats about how cool something is. They look at boring stuff like claims history in the activity and loosely related activities, claims trends in general and some arbitrary projection of risk...that's how they set premiums - or put activities on exclusion.

If you travel, check your travel insurance for overseas motorcycling, skiiing, skydiving, paragliding, BASE jumping, mountain climbing etc. If they're allowed, check if any of them are excluded for organised competition... That's the problem for road racing. The world worships celebrity, and rewards boring.

TrueFan

February 01, 2013 3:51 PM

The bikes probably are too fast. But that's also why they're so awesome... what can you do? Don't know about the claim volumes but there seems to be more fatalities in road racing, so I don't know.

Insurance premiums have gone up for a lot of things over the past few years - all the global extreme weather events and other claims fan back to everyone else. Insurers offset their risks with reinsurance underwriters, who offset their risk etc...it all gets pooled.

I don't like to say it, but maybe road racing as we know it might become an endangered species.

Road Race Fan - Unregistered

February 01, 2013 4:47 PM

I read in another article that people are claiming for new leathers & helmets (and associated paintwork I think) everytime they fall off their bike, be it serious or not.

That it truly appalling, it's not too dissimilar to putting boiling water on a frozen windscreen, then claiming off the windscreen company.

KeepHerLit

February 02, 2013 12:14 AM

I agree entirely with TRUE FAN.Its a pity nobody has developed a multiple airbag system for motorbikes , and a deformable impact absorbing front end , but when a rider parts compant with a bike during a crash his destiny rests in the lap of the gods. The speeds are truly astonishing and so is the spectacle but the fatality attrition rate is a great concern.Hope we can keep our wonderful road racing , there is nothing like it.

Cammyspop

February 02, 2013 5:23 PM

On the question of who is making claims, that's not how the insurance industry works. They supposedly assess the putative risk of somebody making a claim, IOW premiums are not calculated from previous claims. Insurance companies have to factor in the likelihood of somebody successfully suing based on previous court cases, and of course the damages likely to be awarded. And remember insurance isn't just about personal damages and the like. Other things are covered such as the event being called off.

Then there's the fact that the insurers are not necessarily the most honest businesses in the world. They also work out premiums based on things like how much they think they can get away with charging or how much they have lost in other areas.

Raymy

February 02, 2013 8:29 PM

No loss - give us your opinion please, I'd love to hear it but it can't be up to much considering what you've already written.

Roadracing fans some of you are missing another major problem with our National roadraces.

For as long as I can remember at our Nationals there are some very selfish so called fans who refuse to pay their way and year after year expect a free day out. This is now beeginning to tell a sorry tale.

Page 1 of 2
1 2  »

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.

© 1999 - 2014 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.