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Grand Slam Track, the competition backed by Olympic great Michael Johnson, has been urged to settle debts owed to athletes who took part last year or risk setting a “dangerous precedent”.<\/b><\/p>\n
Its inaugural season promised lucrative prize money<\/a> and salaries for contracted runners, but its final event was cancelled with organisers later voluntarily filing for bankruptcy<\/a> in the USA.<\/p>\n That move left many big names out of pocket, including women’s 400m hurdles world record holder Sydney McLaughlin-Levrone who is owed $268,750 (\u00a3196,000).<\/p>\n The Association of Athletics Managers (AAM), which represents a number of stars, says GST now risks undermining trust in the sport having requested $400,000 (\u00a3292,000) as part of its court-supervised reorganisation to pay for “athlete recruitment” for a 2026 season.<\/p>\n The AAM is calling for GST to “immediately prioritise” the repayment of all outstanding debts – which it claims total in excess of $30m (\u00a311.8m) to more than 150 athletes and companies – “before attempting to stage additional events”.<\/p>\n The BBC has approached GST for comment.<\/p>\n In a statement last month, it said it would use the bankruptcy process “to stabilise its finances, implement a more efficient cost and operating model, and position GST for long-term success”.<\/p>\n<\/div>\n