KTM Considers MotoGP Exit Amid Financial Restructuring
KTM Considers MotoGP Exit Amid Financial Restructuring

KTM Considers MotoGP Exit Amid Financial Restructuring

News summary

KTM is considering a withdrawal from MotoGP by 2026 as part of a restructuring plan to address its substantial debt exceeding €3 billion. The decision follows KTM entering self-administration in late November, with the goal of reducing expenses, including the €95 million spent on racing in 2023. Although KTM has affirmed its commitment to MotoGP until 2025, the planned exit aligns with the expiration of its contract with Dorna Sports and is expected to save the company around €46 million annually. The company is exploring potential investment opportunities, with discussions involving notable personalities like Lewis Hamilton. Despite the potential exit, KTM remains optimistic about its future, as core markets are projected to grow significantly. The restructuring plan includes significant workforce reductions and production halts, aiming to stabilize KTM's financial situation.

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