"We need him"
KTM boss makes it clear: no exit from motorsport
Despite its insolvency, motorcycle manufacturer KTM is not planning to withdraw from motorsport. Christopher Schipper, Managing Director of KTM Austria, confirmed this to APA on Monday. "We need motorsport as the main instrument for marketing our products," explained Schipper, adding that this was also the view of KTM Motorsport Director Pit Beirer.
They are in constant communication with restructuring manager Peter Vogl on this matter. "He is clearly heavily involved and is now aware of the importance of motorsport as a marketing tool. Motorsport is part of the future business plan, whoever the owner and investor will be," said Schipper.
Contract until 2026
Vogl recently put KTM's annual expenditure on motorsport at 95 million euros, with MotoGP alone accounting for 46 million. KTM is contractually bound to the premier motorcycle class until 2026; an early exit would result in penalties. "We will be involved in MotoGP at least until 2026 as planned," emphasized Schipper and affirmed that a MotoGP commitment beyond next year is also conceivable.
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