KTM Halts MotoGP Development Amidst Financial Crisis – “2025 Bike is Ready”
KTM pauses MotoGP development as it battles a €3 billion financial crisis but reassures fans that the 2025 bike is ready to race.
KTM’s financial struggles have taken center stage in recent weeks, with Friday’s creditor meeting shedding new light on the potential impact on the brand’s MotoGP operations.
Earlier in the day, news emerged that KTM had received approval to continue operating in its current form following a creditors’ meeting at the Regional Court in Austria. Investors are reportedly considering a €700 million injection to stabilize the company, which faces debts exceeding €1.8 billion.
Alongside these developments, layoffs previously forecasted at 500 have been revised down to 300, and employee salaries for November and December are expected to be paid by late January, contingent on the restructuring plan’s progress.
However, while KTM has repeatedly emphasized its commitment to MotoGP, details about its racing programs were conspicuously absent from the initial reports. A statement released later in the day sought to reassure fans, asserting that KTM is “not letting off the throttle” heading into 2025. Yet, there was no explicit mention of the MotoGP project or its continuation.
Adding to the uncertainty, the creditor protection organization Alpenländischer Kreditorenverband (AKV) stated that KTM’s reorganization measures include plans to exit MotoGP, Moto2, and Moto3 as part of cost-reduction efforts.
This announcement comes on the heels of KTM’s recent withdrawal of the GASGAS and Husqvarna brands from Moto2 and Moto3 grids for 2025. Despite this, several key figures have previously insisted that MotoGP operations would remain intact.
Later on Friday, KTM sought to address these concerns with a firm statement reaffirming its commitment to MotoGP. “Today marks an important day for KTM with the confirmation of our restructuring proceedings,” the statement read.
“This milestone secures our plan moving forward, and we are proud to confirm that motorsport remains an integral part of this restructuring plan. KTM stands firmly committed to motorsport. We repeat our statement for 2025: we will continue to race in MotoGP! We are reenergised with today’s positive outcome and thank you for your support.”
KTM will field two teams in MotoGP next season. The factory team will feature Brad Binder and Pedro Acosta, while the rebranded Tech3 KTM squad will include Maverick Viñales and Enea Bastianini.
