High Quality Content by WIKIPEDIA articles! The Premier League Knockout Cup is a motorcycle speedway competition in the United Kingdom governed by the Speedway Control Board (SCB), in conjunction with the British Speedway Promoters` Association (BSPA). The teams from the second tier of league racing, the Premier League, take part. In the past, the cup has been known as the British League Division Two Knockout Cup and the National League Knockout Cup. The 2010 holders of the Knockout Cup are the Newcastle Diamonds who gained a 91–88 aggregate victory over the Edinburgh Monarchs over two legs.