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Creditors urge KTM to abandon MotoGP

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  • JOSÉ LUIS RUIZ

Updated

The situation of KTM is extremely delicate due to her financial problems. In fact, the creditors of the orange motorcycle company have even suggested that must abandonr the Motorcycle World Championship (they compete in MotoGP, Moto2 and Moto3) to reduce costs.

Faced with this extremely discouraging panorama, the company that has its headquarters in Mattighofen (Austria), has decided to issue a statement to reassure to those who fear his departure from the most prestigious event in two-wheeled sport.

A plan to move forward

“Today is an important day for KTM. With the confirmation of our restructuring process. This milestone secures our plan to move forward, and we are proud to confirm that motorsport remains an integral part of this restructuring plan. KTM maintains its firm commitment to motor sport. We repeat our declaration for 2025: we will continue competing in MotoGP!!”, they emphasize in the note released to calm those who fear the worst.

“Racing is the stage where we show our brand, our technology and our passion for racing” They add from the Austrian firm, which is weathering the downpour as best it can and even more so seeing the demands of the creditors’ representative (AKV).

Jack Miller, competing in the 2024 MotoGP course.

Jack Miller, competing in the 2024 MotoGP course.KTM

The fact is that KTM signed some impressive numbers in 2024. They amassed 246 podiums and 150 victories in various disciplines, adding 11 world titles. The Austrian company maintains that they do not plan to leave elite competition in the short term. They are going through a tough period financially, but that does not discourage them. “We are not going to let off the accelerator“, they defiantly proclaim in their statement.

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