The owners of the Peterborough Panthers speedway team have announced that they will not be running the club next year, and have put it up for sale.
The Panthers are based at the speedway track on the city's East of England Showground. The team has lost its sponsor and hasn't managed to find another backer.
It's a blow that has hit the city of Peterborough hard with the club having been a regular fixture in speedway's top flight.
Ritchie Hawkins rides for Ipswich but he lives in Yaxley near Peterborough.
His dad Kevin is a Panthers legend and Ritchie believes that it will be a great loss for Peterborough as a whole.
– Ritchie Hawkins, son on Panthers legend Kevin
"We've got a great history at Peterborough speedway and to lose it, probably the best race track in the country, is going to be a massive loss.
"We're just hoping that a new backer will come in."
There is hope that the club can continue at a lower level if a new back does indeed come in, but the Panthers days in the Elite League seem well and truly numbered.