Kawasaki pull out of MotoGP

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    Mike
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    Kawasaki pull out of MotoGP

    Post by Mike on 9th January 2009, 07:56

    The team, who have competed in the event since 2003, ended a week of speculation over their future by confirming their withdrawal in a press release on Friday.

    "Kawasaki Heavy Industries Ltd announced today that it has decided to suspend its factory MotoGP racing activities from the 2009 season," the statement read.

    "In a quick-changing business environment, Kawasaki has been promptly taking countermeasures to cope with the situation.

    "As the world economy is not likely to recover in a short period due to the major impact of the financial crisis, Kawasaki decided to suspend its MotoGP racing activities from 2009 season onward and reallocate management resources more efficiently."

    Slumping car sales due to the credit crunch ended the Formula One ambitions of Honda, who scored just 20 points in the last two seasons.

    Suzuki and former winners Subaru then left the world rally championship, leaving Citroen and cash-strapped Ford as the only manufacturers in next year's title race.

    Toyota, who have yet to win a Formula One grand prix since their debut in 2002, are the last Japanese manufacturer still standing in the two main FIA-backed world championships.

    The release added: "Kawasaki will continue racing activities using mass-produced motorcycles as well as supporting general race-oriented customers.

    "Mr Yoshio Kawamura, the managing director of Kawasaki Motors Racing BV, deeply appreciates the contribution and the dedication brought by staff members of the MotoGP team."



    http://www.telegraph.co.uk/sport/motorsport/4206887/Kawasaki-pull-out-of-MotoGP.html


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