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Tue, Jun 17, 2025
12:48 AM
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Last Updated
194 days ago
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100% Left
196 days ago
Updated 194 days ago
KTM Faces Financial Crisis, Suspends MotoGP Development
KTM Faces Financial Crisis, Suspends MotoGP Development

KTM Faces Financial Crisis, Suspends MotoGP Development

News summary

KTM, the Austrian motorcycle manufacturer, is facing a severe financial crisis, filing for insolvency with approximately €3 billion in debt and a significant drop in sales. As a cost-saving measure, the company has paused MotoGP bike development, although it reassured that the racing project will continue into 2025 with its current four-bike lineup. MotoGP rider Jack Miller expressed frustration over KTM's slow adaptation to new tire technology, attributing his disappointing 14th place finish in the standings to the team's struggles. Despite these challenges, KTM's management remains committed to racing, with plans to restructure and emerge stronger. Employees are concerned about unpaid wages and the impact of production cuts, but assurances have been made regarding participation in MotoGP. The situation raises questions about how a previously profitable company faced such a drastic downturn within months.

Story Coverage
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Sports Illustrated
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KTM Breaks SIlence Over MotoGP Project Future
195 days ago
Read Full Article
alt
Sports Illustrated
Left
MotoGP: Jack Miller Takes Aim At KTM's Slow Development After 2024 Woes
195 days ago
Read Full Article
alt
Sports Illustrated
Left
KTM Breaks SIlence Over MotoGP Project Future
195 days ago
Read Full Article
alt
Sports Illustrated
Left
MotoGP: Jack Miller Takes Aim At KTM's Slow Development After 2024 Woes
195 days ago
Read Full Article
Bias Distribution
100% Left
Information Sources
43ca6625-20fa-4fff-8e8e-3cc88620488e
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
194 days ago
Bias Distribution
100% Left
Related News
Daily Index

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25Serious

Neutral

Optimistic

Positive

Negative

25Serious

Neutral

Optimistic

Positive

Negative

25Serious

Neutral

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Positive

Ask VT AI
Story Coverage
alt
Sports Illustrated
Left
KTM Breaks SIlence Over MotoGP Project Future
195 days ago
Read Full Article
alt
Sports Illustrated
Left
MotoGP: Jack Miller Takes Aim At KTM's Slow Development After 2024 Woes
195 days ago
Read Full Article
alt
Sports Illustrated
Left
KTM Breaks SIlence Over MotoGP Project Future
195 days ago
Read Full Article
alt
Sports Illustrated
Left
MotoGP: Jack Miller Takes Aim At KTM's Slow Development After 2024 Woes
195 days ago
Read Full Article
Ask VT AI
Bias Distribution
100% Left
Information Sources
43ca6625-20fa-4fff-8e8e-3cc88620488e
Left 100%
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