Eastbourne Eagles are set to step down from speedway's Elite League and apply to join the National League.
The Arlington Stadium side finished fifth in the Elite League table this year, but have been unable to find a new promoter for next season.
"The good news is a plan has been put in place to keep speedway running at Arlington during 2015," outgoing co-promoter Mike Bellerby told BBC Sussex.
"The costs are lower and you probably have more local riders."
The club's Elite League licence is set to be put on hold by the British Speedway Promoters' Association, allowing the possibility for the Eagles to return to the competition in 2016.
"That is the beauty of the plan," Bellerby added. "There are still a few hurdles to be gone through to put everything in place.
"If all goes well the Elite League licence would be put on hold for 12 months, which still gives the opportunity and option to go back."