KTM AG and two of its subsidiaries filed for insolvency proceedings a week ago. However, this situation does not mean the manufacturer will leave MotoGP, at least for now. One of its riders for 2025, Maverick Viñales, has reportedly purchased shares in the company.
Heinz Kinigadner, KTM’s racing consultant, told SPEEDWEEK.com that there have been positive signals from the four riders who will be part of the project, specifically highlighting the Spanish Tech3 rider:
– There have been very pleasant signs during these difficult times. There is total support from our stars, who are also affected. An example is Maverick Viñales, who has full confidence. He even recently bought shares in KTM.
KTM’s racing division operates independently and is not directly impacted by the significant debts of KTM AG, KTM F&H, and KTM Components. Racing is considered crucial to the Austrian manufacturer’s image and marketing.
While there is always a connection to the segment of the company dealing with financial difficulties, the racing department also relies heavily on sponsors to fund its budget—particularly Red Bull.