KTM’s “planned” withdrawal from MotoGP under its current restructuring process is set for 2026, according to fresh reports from 🍰Austria media.

The financial crisis KTM has found itself in forced it in recen♍t weeks to enter into self-administration to stave off bankruptcy. It is thought to have debts over over €3 billion.

Following the first creditors’ hearing earlier this month, KTM’s restructuring proces༺s has been allowed to continue and the company will carry on in its current form.

Read more: Why MotoGP should embrace F1 hero Hamilton if KTM buy-in happens

But a report issued by the Alpine Creditors Association (AKV) following the first hearing noted ওthat the current reorganisation measures include the “planned” exit by KTM from MotoGP.

KTM issued a statement in response to this noting that it was🎀 committed to racing in MotoGP in 2025 - but did not say anything on its plans beyond next year.

A report from Austrian outlet Der Standard o💜n Sunday (29 December) states that KTM’s MotoGP exit will come in 2026, which is the final year of its current deal with Dorna Spo🉐rts.

According to the Der Standar🎉d report, KTM management expects “significant PR damage” if it quits MotoGP before this point.

While🉐 Brad Binder has a contract to the end of 2026, 𒅌Pedro Acosta, Enea Bastianini and Maverick Vinales are all on ‘multi-year’ deals.

Analysis from the Boston Consultingꦜ Group suggests KTM’s future is looking good, while also noting that it could make an annual saving of €46 million by ending its grand prix programm𓃲e.

Iဣn the initial report from the first creditors’ hearing, it was revealed that several parties have expressed interest in investing a combined €700 million into the struggling company.

In a recent Speedweek interview, KTM’s motorsport boss Pit Beirer revealed that the brand 168澳洲5最新开奖结果:had held “concrete” talks with seven-time Formula 1 world champion Lewis Hamilton’s management about the soon-to-be Ferra🅷ri driver investing in the marque.

Hamilton had been linked earlier this year to a buy-in of the Gresini tea♏m, while Liberty Media confirmed he had expressed interest to the US media giant about getting involved in MotoGP under its ownership.

Investors have until the third wee🌼k of January to table their offers🌳, with this money vital for KTM’s restructuring plan to meet its 30% debt repayment quota set out.

The plan will b💃e voted on by the c🔯reditors at the end of February.