The team featuring some of the most famous names the era, including Jack Parker and Tom Farndon finished third behind Stamford Bridge Pensioners.

Per Olof Söderman, Ron Mountford and Jim Lightfoot emerged as leading riders for the club,[16] and Nigel Boocock was signed from Ipswich.

The following season for the 1968 British League, the Bees signed Czech rider Antonín Kasper Sr. to support Nigel Boocock and Ron Mountford and the consistency of other riders such as Col Cottrell, Les Owen and Rick France resulted in the Bees becoming UK champions for first time.

In an attempt to bring back success they signed the world champion Ole Olsen in 1976 and the Bees results began to improve.

[21] Olsen was imperious, with Mitch Shirra and Alan Molyneux adding vital support, as did two Danes Alf Busk and 17 year-old Tommy Knudsen.

Tommy Knudsen became the number 1 rider and the club signed Kelvin Tatum, Rick Miller and John Jørgensen in an attempt to compete with Oxford Cheetahs and Cradley Heath Heathens.

[22] Charles Ochiltree continued to promote the speedway as he had done way back in the 1950s under Allan Sanderson's company Midland Sports Stadiums.

On 28 October 2007, the Bees lifted the Elite League Knockout Cup for the second year running, defeating the Swindon Robins in the final, completing a clean sweep of all three major trophies, having already annexed the Craven Shield by beating Swindon Robins and the Poole Pirates over the three leg final and winning the league title.

[24] In 2010, the Bees won the Elite League Championship, defeating the Poole Pirates in both legs of the play-off grand finals.

[35][36] The Bees were reformed to compete in the junior 2018 National League speedway season, with home meetings being staged at Leicester.

Many club enthusiasts, supported by the local council, have campaigned for the return of speedway and stock car racing to the stadium.

The initial team line-up was Joe Jacobs, James Sarjeant, Oliver Greenwood, Brendan Johnson, Richard Franklin, Trevor Heath, and Martin Knuckey, but a broken wrist for Greenwood saw Robert Branford replace him, with Tommy Fenwick also replacing Heath.