Latest News Friday 4th June 2021, 5:17pm
THE Somerset Riders Equipment Fund have pledged to donate the remaining balance of funds in the account to the Speedway Riders Benevolent Fund.
Known as the SREF, the non-profit organisation was formed in 2007 with the aim of helping riders of the Somerset Rebels, with all monies raised going to the team.
They actively raise funds by holding a variety of social events throughout the year, as well as running the club track-shop at the Oaktree Arena.
It was confirmed on May 26 that Somerset Speedway had closed permanently, a casualty of the coronavirus pandemic, after the club house was sold.
SREF organiser Diane Phillips said: "We would like to thank all the supporters who supported the SREF over the years.
"We wanted the fans to be kept in the picture regarding the monies left in the account now that Somerset Speedway has closed, and we felt that to support the SRBF was the obvious way forward.
"In addition, we have some small Teddy Bears left from our stock and we have decided to donate these to the Children's Ward of Musgrove Park Hospital."
The Speedway Riders Benevolent Fund is grateful to the SREF for their generosity and we wish everyone involved with Somerset Speedway the very best for the future.