Johnson’s Grand Slam Track files for bankruptcy, vows to return
US Olympic legend Johnson launched Grand Slam Track earlier this year with a bold aim: to reshape athletics by offering a condensed format that features more direct, head-to-head battles among the world’s top competitors.
Yet the circuit stalled due to funding hurdles, forcing the cancellation of the fourth and final leg in Los Angeles after events in Kingston, Kingston, Miami, and Philadelphia. (Note: Kingston is mentioned twice in the original; if this is an error, you may adjust to reflect once.)
Johnson stated in August that the circuit would not proceed in 2026 as initially planned until athletes awaiting prize money from 2025 were paid.
In a Thursday statement, Grand Slam Track announced that the circuit has filed for Chapter 11 bankruptcy protection in Delaware to “position the league for sustainable long-term growth.”
“GST intends to use the Chapter 11 process to stabilize its finances, implement a more efficient cost and operating model, and set GST on a path to long-term success,” the organization said.
Johnson also emphasized that he has not abandoned Grand Slam Track’s vision.
“Grand Slam Track was founded to create a professional platform that reflects the talent and dedication of this sport’s athletes,” Johnson remarked.
“While GST has faced significant challenges that frustrated many—including myself—I refuse to abandon the mission of Grand Slam Track and the future we are building together.”
© 2025 AFP
