I'm not sure. Not for one second am I saying that speedway is well run, it is nowhere near well run, but it is always going to be up against it, as all motorsports are.
Speedway is a very specialist sport. There are environmental, cultural and financial reasons why it faces a bleak future.
Lack of venues is the key one and it is hard to see how any landowner can see value in a speedway track over commercial or residential property.
The country has, in all aspects of life, relied on imported labour for many years and this is coming home to roost after the self imposed annexing of 2016. Speedway's lack of homegrown competitors, combined with a lack of facilities, an outdated business model and an almost complete absence of a grassroots/amateur system is creating its long and painful death as a professional sport. It's something being witnessed in other areas of industry too.
The Sky money could potentially have been invested into a grassroots and developing a new business model, but frankly the base product isn't good enough for modern TV.
If I watch other sports on TV, they start on time, conclude when expected and are not cancelled because conditions are bad. The base product sucks for the modern consumer and I just don't see how that can change until the sport dies and it is forced to reinvent itself.