Grand Slam Track, the brainchild of former American Olympic Champion Michael Johnson is continuing to fight for survival after filing for chapter eleven bankruptcy in the United States.

Court documents issued on December 23 confirm the league does not have enough working capital to continue operating without emergency financing, the league has just one hundred and forty-three thousand dollars in cash, against more than thirty-one million dollars in debt, including seven million dollars owed to athletes.

The league staged its inaugural meet in Kingston in April.

Primary backer winners alliance has agreed to provide up to 3.25  million dollars in emergency loans, mainly to cover operating costs, not athlete payments.

Despite its  financial  collapse Grand Slam Track sold more than sixty-four thousand tickets across its three meets. 

In the meantime the next key deadline comes at the end of January, when Grand Slam Track must submit a chapter eleven reorganization plan – that plan requires the league to emerge with Michael Johnson and Stephen Gera remaining in charge.

The loans must be repaid or potentially converted into equity by April 15, 2026.