DEAL DONE: Supercross Owner, Mitch Payton Sells the entire supercross team with the maximum amount of…
In a move that has taken the Supercross community by storm, Mitch Payton, the iconic owner of the renowned Supercross team, has announced the sale of his entire team to an undisclosed buyer for what sources say is the maximum amount, making it one of the largest deals in the sport’s history. This bold decision marks the end of an era for Payton, who has been a cornerstone of the sport for decades.
Payton, who founded Pro Circuit Racing in 1991, is known for his incredible track record of developing championship-winning riders and creating one of the most dominant teams in Supercross. Under his leadership, Pro Circuit Racing has produced numerous titles in both the 250cc and 450cc classes, with riders such as Jeremy McGrath, Ricky Carmichael, Ryan Villopoto, and Eli Tomac contributing to the team’s success.
The sale, which was finalized in late January, shocked the motorsports world. While the terms of the deal have not been publicly disclosed, industry insiders speculate that the sale price could have reached upwards of $100 million, reflecting the team’s immense value and legacy in the sport. The buyer, who has opted to remain anonymous for now, is expected to bring fresh vision and capital into the Supercross arena, though no specifics regarding future team management or strategy have been revealed.
“After over three decades of building this team, it’s a bittersweet moment for me. Pro Circuit has been my life, my passion, and I couldn’t be prouder of what we’ve achieved together,” Payton said in a statement. “The time feels right to pass the torch, and I’m confident the team will continue to succeed and grow under new ownership. The future of Supercross is bright, and this decision will help elevate the sport to new heights.”
The news has sent waves of excitement and speculation throughout the sport, with fans and athletes alike eager to see how the team will evolve under new ownership. Pro Circuit Racing has long been synonymous with excellence in Supercross, and many believe the new owners will look to maintain its status as one of the premier teams in the competition.
One of the most immediate impacts of the sale is expected to be a shift in team dynamics. With Payton stepping away from day-to-day operations, Pro Circuit Racing could see new leadership in both management and rider recruitment. As part of the deal, many of the team’s top riders, including current stars, are rumored to be staying on board for the upcoming season, though contract negotiations are still ongoing.
Industry analysts have noted that the influx of new ownership may bring more financial backing to the team, possibly leading to an expanded roster of riders or even improvements to the team’s facilities. With the rising popularity of Supercross, it’s clear that investors see a promising future in the sport, especially with the potential for growth in international markets.
Despite his departure from the team, Payton is expected to remain involved in the sport in some capacity. It’s unclear whether he will transition into a new role with another team or focus on other ventures, but fans can rest assured that his legacy in Supercross is far from over.
“I may be stepping away from Pro Circuit Racing, but my love for Supercross will never fade,” Payton concluded. “I’ll always be part of the family, and I look forward to seeing the team continue to thrive.”
The sale of Mitch Payton’s Supercross team represents a monumental shift in the sport’s landscape. As the new ownership takes the reins, the future of Pro Circuit Racing, and Supercross as a whole, is filled with both uncertainty and excitement. Fans and insiders alike are eagerly watching to see what’s next for the legendary team and the broader Supercross community.
