No Red Bull funding to rescue KTM, but the company’s future in MotoGP is secure
KTM has denied speculation that Red Bull could step in and pull it out of its current financial troubles, while at the same time reiterating that it remains committed to competing in MotoGP. The Austrian manufacturer is in the midst of a major crisis and is seeking at least 100 million euros to stay afloat in 2025. Job cuts have been rampant, with another 280-300 employees set to lose their jobs at its site in Upper Austria by the end of the year.
These changes are part of a new strategy at Pierer Mobility, which is now focusing on promoting its primary brand KTM in motorsport. It's for the same reason why GasGas will disappear from MotoGP in 2025, with the KTM branding returning on Tech3's RC16 bikes. However, even as the company chases additional funding, there is no threat to KTM's involvement in MotoGP, according to its motorsport chief Pit Beirer.
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