Positive steps for KTM to your future
KTM’s hopes of surviving its currency crisis have been boosted through increased investor confidence in the brand’s restructuring process.
The Austrian manufacturer, the largest European manufacturer, the self -administration completed before Christmas of 2024 to postpone bankruptcy in the mid -1. 8 billion euros.
While the first creditors hearing on 20 December offered a positive outlook for the survival of the company, the report did also state that a “planned” withdrawal from MotoGP would be taking place.
KTM has confirmed it will continue racing in 2025, with the “planned” exit set for 2026 – though this is a very fluid situation right now.
Other measures that took their position were a suspension of manufacturing transition, the status quo of more than 700 employees, while their majority participation in MV Agusta put on sale.
According to a report through Gpone, KTM wants an investment of € € until February 25, when a vote will be held through the creditors in its restructuring procedure.
However, there is hope for KTM because it gains interest in significant investors, that of its percentage also expands to almost 70% in the last month.
Gpone declares that the members of Shareholders Bajaj Auto and Cfmoto existing plan to develop their investment in KTM to save the brand, while the interest also came here from the source in Hong Kong.
KTM CEO Stefan Pierer said last month that he will use his own finances to help in the brand’s restructuring process, which will include selling various assets.
But the vital interest in the investment has given gentle at the end of the tunnel for KTM, it will probably be at the expense of the torn component of Pierrer of its influence on the company it built.
KTM possibly also has to reduce some of its other projects, such as its motorcycle business and the KTM XBow car business.
The KTM race department acted in a hundred -points for survival plan, while Motorsport Pit Beir head revealed that “concrete” conversations had taken their position with Lewis Hamilton’s control in investment.
In MotoGP, KTM has already reduced its participation by getting rid of gas and husqvarna brands of the grids of the most sensible classification, Moto2 and Moto3.
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