Absolutely, surely it starts with the track, fit for modern day bikes, raceable, room to overtake etc, that’s what makes it exciting, along with the no brakes, the danger element, noisy bikes et al. People are tribal, they want to get behind something or someone, align yourself to a product etc. Guests, ripping sides apart year in year out, rules forever changing, thus the lack of meaning to hastily arranged competitions, resulting in little credibility. This is before, stadia/facilities & everything else countless people have mentioned previously. Jim Radcliffe will tear down Old Trafford, as it’s falling apart/leaking.
The sport is a mess, maybe no tv deal money will be make or break, you’ll have to go if you want to watch it, if the numbers drop off further it’s surely doomed. People have mentioned the likes of Barry Hearn etc, why would they get involved, what’s their financial return on their time, investment, tracks/stadia are largely not owned either. There’s quite a few old riders still going, enough coming through to replace them? Most of the promoters are 50+ too.