Saturday December 02, 2017
Heavy financial penalties issued to Peterborough by the Speedway Control Bureau have been overturned following an appeal to the Auto Cycle Union (ACU).

The ‘T Balfe Construction’ Panthers were hit with a £28,000 fine due to Jack Holder missing three meetings during last season to race in Poland.

The same matter led to owner Ged Rathbone being suspended as a promoter and the club ordered to offer free admission to their first home league meeting of the 2018 season.

But those punishments have now been rescinded after the appeal hearing held on Thursday.

A statement issued by the ACU confirmed: “Gerard Rathbone, co-Promoter of Peterborough Panthers Speedway attended a Court of Enquiry held at ACU House on Thursday, November 30.

“Mr Rathbone was appealing a decision made by the Speedway Control Bureau to impose a £28,000 fine on him/the Peterborough promotion as a result of Jack Holder being released by the club to compete in Polish League events when he was selected to ride for Peterborough over the same period.

“The Speedway Control Bureau also decided that the Peterborough promotion must stage their first league fixture of the 2018 season with free admission.

“After hearing all the evidence and reading the correspondence made available to them, the court members decided that both penalties imposed by the Speedway Control Bureau be revoked.

“Instead Mr Rathbone must pay a penalty of £1,000 for each of the meetings that Holder missed – the SGB Championship Fours and league fixtures against Newcastle and Scunthorpe.

“The court members also stated that on full settlement of the penalties imposed above, that Mr Rathbone’s promoter’s licence be reinstated.”

Peterborough Speedway are naturally delighted with the outcome of the appeal. They will make no further comment on the matter.

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