Stefan Pierer steps aside as KTM chief ahead of crucial court hearing
Pierer Mobility AG has announced that Stefan Pierer has stepped down as the CEO of Austrian two-wheel manufacturer KTM. Gottfried Neumeister will take over the reins of the company as part of the management reshuffle, but Pierer will remain on board as the Co-CEO. The news was made public just ahead of an important court […]
The steps KTM is taking to protect its MotoGP division while it awaits a saviour
Pedro Acosta was at home when he found out about the technical knockout in which KTM has found itself, right after the great revelation of the 2024 MotoGP championship had finished sixth in his rookie season with the most podiums of the Austrian manufacturer’s rider line-up. The gravity of the situation, especially after the declaration […]
KTM’s MotoGP exit set to take place in 2026 amid insolvency proceedings
KTM could leave MotoGP and its support classes in 2026, as the Austrian manufacturer undergoes a wide-scale restructure under administration. It was on 20 December that a potential exit from MotoGP was publicly mentioned for the first time. In a report presented by Alpenlandischer Kreditorenverband (AKV), following a meeting with the creditors in Austria, it […]
Miller “disappointed for everybody” after frustrating two-year stint at KTM
Jack Miller says he is “disappointed” for himself and KTM after ending a frustrating tenure with the Austrian manufacturer last month. Having previously been a race winner with both Honda and Ducati, Miller joined KTM in 2023 with a long-term view at building its MotoGP programme. Although he tasted some early podium success in both sprint races and grands […]
Creditors put pressure on KTM to withdraw from MotoGP
KTM has reiterated that it is committed to competing in MotoGP despite pressure from creditors to withdraw to save cash. The flagship brand of Pierer Mobility Group underlined that its future in the championship is not under threat after an agency responsible for handling its debts issued comments to the contrary on Friday. In a […]
Acosta feels «relieved» after visiting KTM’s headquarters
Rising MotoGP star Pedro Acosta feels «relieved» after visiting the headquarters of beleaguered Austrian manufacturer KTM, according to his manager. Acosta travelled to Mattighofen in Austria on Tuesday to understand how KTM’s dismal financial situation could have consequences for its MotoGP programme, now that he has become an integral part of its factory team. Latest […]
Acosta «worries» about KTM’s financial situation ahead of MotoGP factory move
MotoGP star rookie Pedro Acosta is ‘worried’ about the prospects the KTM team faces in 2025 amid the huge financial troubles the Austrian manufacturer is undergoing, according to the rider’s manager. Earlier this month, it was revealed that KTM is facing a debt of around 3 billion euro after having announced it would enter self-administration […]
KTM to enter self-administration amid financial struggles
The Pierer Mobility group has announced that struggling bike manufacturer KTM will enter self-administration and apply for the initiation of judicial restructuring proceedings. The Austrian marque is undergoing a significant financial crisis and was seeking at least 100 million euro to continue operating beyond 2024. The company, currently competing in MotoGP, has laid off hundreds […]
KTM denies Red Bull rescue rumours, reiterates commitment to MotoGP
KTM has denied speculation that Red Bull could step in and pull it out of its current financial troubles, while at the same time reiterating that it remains committed to competing in MotoGP. The Austrian manufacturer is in the midst of a major crisis and is seeking at least 100 million euros to stay afloat […]