Peterborough sponsor Michael Tomalin has applied to join the club’s promotion after agreeing a “substantial additional sponsorship package” for the Panthers.

Belfast-based Tomalin is set to join forces with co-promoter Carl Johnson at the East of England Showground, subject to his application being approved by British Speedway Promoters Ltd.

Tomalin already sponsors the club through his City Auction Group business, but he is set to expand this backing with his second company PurpleRock. Both businesses are based in Peterborough.

Tomalin admits the completion of this agreement has delayed the announcement of Panthers’ 2023 side, which already features 2022 SGP2 star Benjamin Basso, Aussie racer Ben Cook and Rising Star reserve Jordan Jenkins. But he’s excited for the final four names to be revealed.

He said: “As far as the team is concerned, you can blame me for the late notification of riders due to all the exciting plans at the club, which are now confirmed.

“However, we have a smashing line-up to be announced in the coming weeks, which includes some young sensational racers alongside some experienced, well-established riders, and I would ask for the supporters to vote by purchasing season tickets and attending our meetings throughout the season.

“We know the team has changed dramatically from last year, but it’s an opportunity for a complete refresh and we want to make an impact and be in the play-offs - from there anything can happen. We want to bounce back from 2022 and go for gold in 2023!”

Tomalin is delighted to have taken on his new role as co-promoter as Panthers bid for a play-off return, having gone from being crowned champions in 2021 to finishing rock-bottom last season.

He added: “I’m also delighted to advise I’m applying to become a promoter along with Carl, which I’m delighted about as we have forged a great friendship in recent seasons. It’s an exciting move in the right direction to support the club and ensure we make a significant difference.

“I have a terrific relationship with Buster (Keith Chapman – club owner), Dale (Allitt) and Carl, and I’m sure we will work well as one team building a future for the Peterborough Panthers.

“On the sponsorship side we’ve completed a dual package deal for the Panthers involving both City Auction Group and PurpleRock, and those contributions will be matched between the two companies to ensure Panthers have financial stability throughout the 2023 season.

“In addition to the wonderful backing we get from Crendon as team sponsors, it will ensure we’re able to put the right riders on the right equipment to challenge for the Premiership title.”