Two Years Ago They Were Insolvent. On Friday KTM Said They're Not Selling ANYTHING
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Two Years Ago They Were Insolvent. On Friday KTM Said They're Not Selling ANYTHING
4 просмотра · 10 часов назад
GP Daily
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4 просмотра · 10 часов назад
Less than two years ago, KTM filed for self-administration. The company had accumulated enormous debt, let go of hundreds of employees, and was sitting on a mountain of unsold stock. An insolvency report proposed withdrawing from MotoGP, Moto2 and Moto3 entirely as a cost-cutting measure. The racing project was, by any reasonable assessment, finished.
On Friday at the Red Bull Ring, KTM's CEO Gottfried Neumeister stood at the company's home Grand Prix and said something very different. KTM has signed a five-year deal with Dorna for the new eight-fifty era. It will not sell the team. It will not sell a part of the team. And the company has returned to profit for the first time in almost two years, with revenue across KTM, Husqvarna and GasGas up more than a hundred and nine percent and nearly a hundred thousand motorcycles sold in the first half of the year.
In this episode we go through how that recovery happened, what Neumeister had to prove to justify a racing budget while laying people off, and the one line about spending that tells you more about MotoGP economics than any press release ever will.
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*Chapters*
00:00 — Two Years
01:15 — What Nearly Happened
02:30 — The Announcement
03:45 — The Numbers
05:00 — "Winning On Sunday, Selling On Monday"
06:20 — What They Still Haven't Won
07:25 — Your Verdict
#MotoGP #KTM #RedBullKTM #AustrianGP #PedroAcosta #MotoGP2027 #GPDaily