The World Speedway Championship is an annual motorcycle racing competition that features riders competing on oval tracks. The championship is organized by the Fédération Internationale de Motocyclisme (FIM) and includes a series of Grand Prix events held in various countries. Riders race on specialized bikes without brakes, emphasizing speed and skill. The championship typically culminates in a final event where the top riders compete for the title. The competition has a rich history, with notable champions like Tony Rickardsson and Greg Hancock making their mark. Fans enjoy the thrilling atmosphere and the intense rivalries that develop throughout the season.