The Preicanos Moto2 has folded as its owner, Raul Castaneda, ha🐼s entered into legal proceedings against Eduardo Perales.

reports that the court proceedings now underway between ✤Castaneda and Perales, reportedly over Perales still having ownership of the Moto2 World Championship entries.

It means that Preicanos (the name comes from the law firm Preico Juridicos, of whic🌸h Castaneda is CEO) is out of Moto2, and that the team — now 🤪back under the Gas Up name it began 2024 with — is an uncertainty for 2025.

The Preicanos name has only existed in Moto2 for half-a-season, after Castaneda took control of the Gas Up — prev▨iously Stop and Go, or SAG — outfit from its previous owner, Perales, midway through the 202ꦿ4 season.

The team began the season with Bo Bensdneyder and 2023 Moto3 World Champion Jaume M🐼asia a𓃲s its rider line-up.

But 𓃲soon after Preicanos took over ownership of the team from Gas U♈p, Bendsneyder was gone — to later find a ride with the MV Agusta WorldSSP team — and replaced by Dani Munoz, who stepped up from the European Championship.

Munoz and Masia were set to race for the team in the Moto2 World Championship in 2025, with Australian Harrison Voight and formeꦿr Moto3 Grand Prix winner Xavi Artigas lined up for the Moto2 European Championship.