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MotoGP

KTM Continues MotoGP Testing Amid Financial Strain

KTM Continues MotoGP Testing Amid Financial Strain
Hazique Zairill
December 6, 2024

Austrian manufacturer schedules private Jerez test while reaffirming commitment to MotoGP amid restructuring at parent company Pierer Industries AG.

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KTM has confirmed plans to resume MotoGP testing later this month, despite ongoing speculation about the financial future of its parent company, Pierer Industries AG, and its potential impact on the brand’s racing operations. 

The Austrian manufacturer revealed that a private test will take place in December at Jerez, although details remain scarce, including whether development riders Dani Pedrosa and Pol Espargaro will participate.  

The scheduled testing comes as KTM navigates uncertainty stemming from the reported €3 billion (RM 4 billion) liabilities at Pierer Industries AG, which prompted judicial restructuring proceedings. However, KTM Racing GmbH, responsible for MotoGP activities, is not directly affected by these financial proceedings. KTM assured fans and stakeholders that its racing departments remain operational, with commitments intact for the 2024 and 2025 MotoGP seasons.

KTM’s deputy chairman, Hubert Trunkenpolz, emphasized the company’s dedication to MotoGP, stating, “We see sport as the most important marketing tool for the KTM brand. That’s why we’re doing it.” Similarly, Motorsport Director Pit Beirer acknowledged the need for efficiency amid economic pressures, highlighting a strategic focus on preserving essential racing resources while cutting non-critical expenses.

Despite financial concerns, KTM’s MotoGP program continues to demonstrate resilience. The team secured second place in the constructors’ standings this year, finishing behind Ducati despite not clinching a race victory. With a strengthened 2024 rider line-up featuring Brad Binder and rising star Pedro Acosta in the factory team, alongside new Tech3 riders Maverick Viñales and Enea Bastianini, KTM is positioning itself for a strong campaign next season.

While KTM remains committed to racing, the financial strain on Pierer Mobility Group looms large over its broader motorsport activities. MotoGP, as the most prestigious and costly endeavour, faces scrutiny, though upcoming technical regulations may offer some relief.

A freeze on Moto3 technical development is already in place, and MotoGP engine designs will be locked from the start of the 2025 season until the end of 2026. However, the introduction of the 850cc MotoGP era in 2027 presents a significant future expense.

For now, KTM is pushing forward with its MotoGP ambitions, leveraging its resources to maintain competitiveness on the track while navigating a challenging economic landscape.

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MotoGP
December 6, 2024
Hazique Zairill

Passionate sports and motorbike enthusiasts who believe in the phrase, "Writing is the painting of the voice."

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