During the Formula 1 weekend in Abu Dhabi, unexpected rumors began to circulate: Lewis Hamilton, Mercedes’ famous driver, was allegedly interested in acquiring KTM’s MotoGP teams. The speculations suggested that the seven-time F1 champion could take control of Red Bull KTM Factory Racing and the satellite team Tech3. However, these claims appear to be far from reality.
KTM’s Financial Context
KTM is currently facing significant financial challenges, including liabilities of 1.8 billion euros and a reduction in staff to 3,700. With production suspended for the first two months of next year, questions arose about the viability of maintaining two MotoGP teams, whose annual budget is around 40 million euros. This scenario opened space for rumors about possible external investors.
Hamilton as a “savior”?
During the Abu Dhabi event, unidentified sources suggested that Hamilton could be the solution to KTM’s problems. The allegations included the acquisition of the Red Bull KTM factory team and Tech3, with riders like Brad Binder and Pedro Acosta continuing under his leadership. However, the idea lacks solid foundations and ignores several logistical and contractual obstacles.
Reasons for Skepticism
- Ongoing Commitments: KTM has contracts in force with Dorna for MotoGP until 2026 and with Tech3 for two more years.
- Tight Deadlines: The tight schedule for Sepang tests and the season start at the Thailand GP makes any negotiation impossible to conclude in time.
- Existing Partnerships: Red Bull maintains sponsorship of KTM teams, committing to MotoGP at least until 2025, while Hamilton has a long association with Monster, one of Red Bull’s main competitors.
- Dorna’s Policy: In case of financial difficulties, grid slots are normally taken back by Dorna, and only in exceptional circumstances is transfer to a new investor allowed.
- Rejection by Involved Parties: Hervé Poncharal, Tech3’s director, classified the allegations as “completely absurd”. Internal KTM sources also expressed surprise, reiterating that Red Bull remains the main partner.
KTM’s Commitment to MotoGP
Despite financial difficulties, KTM is already planning the next season, with scheduled events and operational costs paid for tests and first races. Hervé Poncharal reaffirmed that the team remains motivated and committed: “We are ready for the 2025 season, shining in orange.”
While rumors persist, facts indicate that KTM is focused on overcoming challenges independently. As for the idea of Lewis Hamilton taking control of the MotoGP teams, it seems to be [note: the original text appears to be cut off]