The sport of BMX racing is gaining popularity all over the world, especially since it was made an official Olympic sport in the summer of 2008. BMX racing is a sport that is derived from motocross racing, hence the name, bicycle motorcross (BMX). It's been around since the 1960's, however it wasn't until the 1970's when more and more kids started to mimic the Motocross legends that they looked up to, increasing the popularity of the sport.