KymiRing Project Collapses With Bankruptcy, Major Series Releases

The KymiRing was intended to be the first circuit in Finland capable of hosting a diverse range of international championships MotoGP in motocross and rallycross. However, the dream seems to be crumbling with every new development since it opened in 2019, and it appears to have hit rock bottom amid reports that construction companies Maanrakennus Pekka Rautiainen Ky and Macra oy filed for bankruptcy against the track. With circuit ownership unable to pay the money owed and construction consequently halting, series like the FIM Motocross World Championship and Nitro Rallycross canceled their races there.

Located in Iitti, the KymiRing was inaugurated in 2016 and envisaged as an FIA Grade 1 circuit, the first of its kind in the Nordic kingdom. After signing a five-year deal in 2017, MotoGP was due to make its 2020 debut there as Finland’s first motorcycle Grand Prix since Imatra hosted it from 1964 to 1982, but global crises have led to postponements. repeated with the COVID-19 pandemic in 2020/2021 and the Russian invasion of Ukraine in 2022. The race is still on the 2023 calendar.

End of June, Finnish publication yle reported that KymiRing owed its construction companies compensation for their work, with Maanrakennus Pekka Rautiainen Ky demanding €370,000 while Macra oy wanted €264,000. Back then follow the CEO Riku Ronnholm denied knowledge of the nominations and took the matter to closed doors.

As the situation unfolded in meeting rooms, the Motocross World Championship opted to move its August 13/14 date from the KymiRing to the long-standing old venue. Hyvinkään Vauhtipuisto. MXGP previously delayed its KymiRing visits twice from 2020.

Nitro Rallycross was the next to cancel its trip to KymiRing, doing so on Monday and citing the circuit “still not yet fully completed according to the planned stages.” The weekend was originally scheduled to take place on August 27 and 28 as part of the fledgling series’ international expansion.

“Nitro Circus has produced successful events in Finland in the past and given the country’s passion for rallycross and motorsport in general, Nitro RX hopes to be able to return.” reads the press release for the series. “Once series organizers have clear visibility into the completion of the circuit as well as KymiRing’s new management structure, Nitro RX will assess the viability of holding future events at the venue.”

Although Finland has a rallycross scene that includes hosting the FIA World Rallycross Championship at Tykkimaki at Kouvola in 2014 and 2020, Nitro RX will not replace the lost date of the KymiRing. As a result, there will be a two-month break between the second round of the series at Strängnas Motorstadion in Sweden on July 30/31 and ERX Fleet October 1/2. ERX, the first American race of the 2022/23 Nitro RX season, also bears an uncertain future amid local noise and land complaints; this week-end Off-Road Championship event should see an independent noise study.

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