2007 BMX Worlds declare bankruptcy
The Victoria BMX 2007 World Championship Society – organizer of this year's world championships in...
The Victoria BMX 2007 World Championship Society – organizer of this year's world championships in western Canada – declared bankruptcy. In the middle of last month, local newspaper Victoria Times Colonist had an announcement of the declaration that was on October 17 according to canadiancyclist.com.
A creditors meeting was expected to be held last week.
Organizers apparently owe over $100,000 CAD (€74,000) to local services providers and another $15,000 CAD (€11,100) to the Canadian Cycling Association (CCA).
"They were just not able to attract the level of corporate sponsorship that they had forecast," noted CAA CEO Lorraine Lafreniere.

Thank you for reading 5 articles in the past 30 days*
Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read any 5 articles for free in each 30-day period, this automatically resets
After your trial you will be billed £4.99 $7.99 €5.99 per month, cancel anytime. Or sign up for one year for just £49 $79 €59

Join now for unlimited access
Try your first month for just £1 / $1 / €1