Leading the campaign is David Viner, a long-standing member of Halesowen Cycling Club, which already has its own outdoor velodrome and a history of producing top-level cyclists.
The club counts former Olympic and Tour de France riders among its past members.
David believes the West Midlands is being ‘left behind’ when it comes to indoor cycling facilities, with the nearest venues currently in Derby, Manchester and Newport.
“I think the best option would be a cost-effective indoor track,” he said.
“A standard 250-metre banked track with space inside for other sports.
“As Zena Wooldridge once said to me, ‘all we need is a shed’.”
He pointed to a successful example in Calshot, Hampshire, where a velodrome operates inside a former First World War aircraft hangar.
Support for the campaign is also coming from parents.
Andrew Downing, from Wollaston, says his 15-year-old daughter Jaime has shown real promise in track cycling but faces long journeys to train.
“To reach the Derby Arena we travel around 50 miles, which can take up to two hours each way,” he said.
“If we had an indoor velodrome within 5 to 10 miles of home, she could train regularly and develop her skills properly.”
Campaigners say the region’s unpredictable weather often makes outdoor tracks unusable, disrupting training and putting local riders at a disadvantage compared to those living near indoor facilities.
The campaign has said to have gained backing from some of the biggest names in British cycling, including Dame Laura Kenny, Matt Richardson and Lizzie Deignan MBE.
David added: “They understand how tough it is for young riders who have to travel huge distances just to train.
“An indoor velodrome in the Black Country could transform cycling, school sport and community fitness for generations.”
Campaigners hope the velodrome to be built in Dudley, creating a multi-use sports hub for children, adults and disabled athletes alike.