Lakeside and Rye House have teamed up to fund the re-entry of the Hackney Hawks into British speedway.

The Hawks, who went out of business in 1983, will be made up of Hammers and Rockets youth prospects and will ride at both club's venues.

The team have been entered into the National League for the 2011 campaign.

"This is a new exciting venture for us and will give our fans a chance to see the development of our young riders," said Lakeside co-promoter Jon Cook.

"We expect to stage at least a meeting a month during the season.

"We feel the need to develop young British talent is a duty all clubs should undertake in future seasons.

"I am sure London fans will be drawn to see the iconic Hawks race jacket in action and help us to continue pressure for speedway to play some part in the Olympic legacy, which of course is on the site of the old Waterden Road Stadium, the former home of Hackney Speedway."

Because of my own long connection with Hackney it's nostalgic for me to be going back in that direction Rye House owner Len Silver

Rye House owner Len Silver added: "I am very excited to be linking with our friends at Lakeside, and I am sure this move will be a great success and a big factor in producing future stars for both of our teams.

"Because of my own long connection with Hackney it's nostalgic for me to be going back in that direction and I am sure the fans are in for a real treat once this exciting band of Hawks takes to the track in April."

The Hawks were set up in 1963 but 20 years later they were replaced at the Hackney Wick Stadium by the Crayford Kestrels, who became the Hackney Kestrels.

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