monies owed involved smaller
amounts and are expected to be
approved.
The Alpine Creditors Associa-
tion (AKV) said judicial confir-
mation depends on the €150
million ($1.57 million) continu-
ation costs being deposited by
May 23, 2025. The first amount
of €50 million ($52 million) was
placed in a trust account on
Monday, February 24. In total,
€750 million ($788 million)
must be secured by the May 25
deadline.
The financing investor re
-
mains unnamed, although
India's Bajaj Auto, which holds a
49.9 percent stake in KTM, pro-
vided a €50 million ($52 million)
loan to kickstart production.
Pierer Mobility AG announced
that an additional €800 million
($841 million) in fresh capital
is needed for the cash quota
and production, with Citigroup
Global Markets Europe AG be
-
ing tasked with structuring the
investment process.
There were rumors surround
-
ing a possible takeover of KTM
by German rival BMW, a move
that would see production
moved to Germany and have dire
consequences for the Austrian
Mattighofen region where KTM
is based, as all current KTM
employees would be dismissed.
This appears to be highly unlike
-
ly, however, as BMW deals with
its own financial problems amid
fears of a recession gripping the
German economy.
The future of KTM Factory
Racing, at least in the short
term, appears to be secure,
after the company scaled back
factory investment to 40 riders
globally in both road and off-
road competition as part of the
restructuring program. The com
-
pany also won the Dakar Rally
for the 20th time in 2025 with
Australian Daniel Sanders.
CN
VOLUME ISSUE MARCH , P29
Fox Sports to Broadcast 2025 MotoGP
D
orna Sports announced that
MotoGP will be held on Fox
networks for the 2025 season.
Inking a multiyear deal, the
Tissot Sprints and Grand Prix
races will air on FS1 and FS2; all
races can be viewed on the Fox
Sports app, with select races
available on Fox Deportes.
"Fox Sports is thrilled to be
the new home to the best two-
wheel racing in the world," Fox
Sports EVP, Head of Program
-
ming & Scheduling Bill Wanger
said in a statement. "We will
carry every race of the interna-
tional series live, giving race
fans true appointment viewing
for MotoGP."
"We're happy to see MotoGP
join the incredible lineup on
Fox Sports," Chief Commercial
Officer of MotoGP rights holder
Dorna Sports Dan Rossomondo
said in a statement. "This is the
most exciting sport on Earth,
and we want to see it on the
biggest stage possible, most es
-
pecially in markets where there
is so much untapped potential."
View the broadcast times on
Cycle News Motorcycle Racing
TV Listings & Live Streaming
Page.
CN
Dorna announced that MotoGP will be shown
on Fox networks for the 2025 season.
