Now if I was being a bit cheeky I would edit as above 

There won't be a lot of speedway in July. 

As Cookie say above ,a friend of mine owns two business's one is an absolute cash cow, the other is a pub which turns over a mil a year but still is loss making. As my friend is an old softie he doesn't want to sell the pub as the girl who runs it for him lives there and he doesn't want to make her homeless. Part of the profits from the successful business is offset against the pub losses to reduce the overall profit figure, as you say if you only had one business you would be making more money but if you want the cudos of owning the local speedway club having a successful outside business is one way of partly subsiding the failing business. As another example Tolley has his badge business which I'm guessing must make a fortune so as a result he can write off six figures of losses a year at speedway without blinking.

Forget the league if its four teams lets head straight for the play off's

In short if you own company A that is making a profit & company B your loss making speedway team you can transfer losses from the speedway team to your profit making company reducing the profit that company makes & also the amount of tax that you pay.