What will happen to KTM's MotoGP project?
Description
On this week's podcast, we discuss the Pierer Mobility Group after they announced that KTM is entering into voluntary restructuring in order to avoid bankruptcy amid ongoing financial losses in the company. Believed to be around to be as high as 3 Billion in debt, KTM's financial problems have led to a number of drastic measures in recent months, with its board of directors slashed from six to two while several rounds of staff layoffs have been carried out.
KTM has insisted over the last week that its MotoGP project will continue as normal on 2025 despite the company's money issues. But how sustainable is this? And what is going to happen in the future.
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