KTM MotoGP Project Expected to Continue Despite Parent Company Issues
Amid a poor financial year, the Pierer Mobility Group is undergoing a hefty culling of executives, but it’s not expected to affect KTM’s MotoGP project
MotoGP rider Brad Binder expects KTM’s racing project to continue as normal despite recent struggles away from the track for the Austrian firm.
Earlier this week KTM confirmed it would be downsizing its board of executives from six to two, as increased debt and interest expenses have not been met. The downsizing of two-thirds is troublesome for PMG and it cited a recession in Germany and the cost of living in the US as some of the reasons for its struggles.
As a result of the drastic change and poor financial outlook, concerns about KTM’s racing project began to surface heading into this weekend’s Thailand MotoGP, however, factory Red Bull KTM rider Binder does not expect any changes.
Speaking about PGM’s situation, Binder said: “Well, for me, my understanding is everything continues as normal. And the only thing I can do is try to win some races.
“Apparently what wins on Sunday sells on Monday. So, that’s my new motivation here and let’s see what happens.”
The problem for KTM is that not much winning is taking place in MotoGP at the moment. Ducati and Aprilia are the only brands to have won either a sprint, Grand Prix or both in 2024.
KTM’s MotoGP line-up in 2025 is arguably going to be the best it's ever had - it’s certainly the most decorated as multiple-time race winners Maverick Vinales and Enea Bastianini will be joining KTM. Winning in MotoGP certainly isn’t going to cure PGM’s financial outlook, but it wouldn’t hurt given the amount of eyes and attention that is given to the racing series.
September was the company’s worst month for registration growth in the United States since January this year and a rapid turnaround to its financial situation is not expected to be quick.
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