News Details
Hamilton and KTM in ‘concrete talks’ over MotoGP team investment
©KTM Phillip van Osten
28/12/2024 at 08:2427/12/2024 at 21:42 Lewis Hamilton could be gearing up for a new motorsport adventure outside of F1, with multiple reports suggesting the future Ferrari driver is in “concrete talks” to invest in KTM’s beleaguered MotoGP team. The Austrian manufacturer, which fields both a factory outfit and a satellite team (Tech3) in MotoGP, is grappling with serious financial challenges, including liabilities nearing 3 billion. KTM is currently undergoing self-administration under Austrian law, a last-resort measure to manage its financial crisis. Despite assurances that its motorsport programs will not be affected next year, the company is actively...
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