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Now that the shit has hit the NA fan, and OEM parts could become super hard to get, I really hate it for racing families. The little bike classes are dominated by Austria. Maybe now would be a great time for Kaw to revamp their mini cycle lineup,,,,,or Honda, Zook, etc......
I'm guessing that ALL manufacturers source parts from China. This reminds me of the inane "made in America" discussions in the auto industry.
I think WP does the frames but it's owned by PMG also as far as I know
If that ends up being the case bikes sales would be impacted almost certainly.
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Don't catch a falling knife...
My inside source at NA said employees are all prepared for the worst. Major cut backs yesterday while more are expected today. The restructuring process is starting to become futile as 3billion is a massive debt. If the company is to survive, which I hope it does, production will have to be moved to Baja India or China. The court system working with the company on the 90 day restructure have run out of options to keep production in Austria. It really sucks to see a Motorsports manufacture go under due to poor management but my heart really goes out to the dealers. They are the backbone of this company and running blind.
Yeah this what really pisses me off - we have a great local dealer that is very involved. If this true I hate to think KTM is racing because they don’t have the balls to pull the plug to save the core biz. Seems like they should be circling the wagons and rolling up their sleeves.
Even if they do, that's gotta be a couple year process to design and manufacture, right? Not my profession but it doesn't seem like something that could be flipped over night, especially with the slower moving Japanese brands.
Not if you have known the whole time the only way out is a gimme.
Not sure I follow you
The only constant is change.
KTM is now in change and will rise again as a much smaller company.
The 100$ question yet to be answered is who will be driving the bus.
I’d venture that decision will be made public in the next meeting.
Starting over is not a bad thing unless you choose to create that attitude.
I have been saying the whole time Stefan has been acting in a manner that led me to believe he knew it was way too late by the time he disclosed..The only out was a 1B loan on a handshake.
Could the Austrian government come in from left field to help provide an emergency "too big to fail" loan to keep KTM in their country? All the restructuring will still be needed to show they can get back to black, but I wonder if there's anything that could block that if there are private suitors looking to take it over.
Gotcha - question how did the banks not see this given presumed quarterly covenant disclosures?
Something interesting today.
Race Husky in 2025 with Contingency and Trackside Support Programs
Contingency will once again be available at both national and regional events motocross, supercross, flat track, and offroad racing through RaceHusky.com. Professional racers can earn Husqvarna Motorcycles Pro Cash awards, which are paid directly through a debit card.
Amateur riders are eligible to earn cash value credits that can be used to purchase products at any participating authorized Husqvarna Motorcycles dealership in North America. A more competitive pay structure will be implemented throughout the 2025 events.
Plus, Husqvarna Motorcycles will also continue to offer Trackside Support at major national racing events throughout the year to provide any emergency parts and service needed to get back out on track.
To view participating series and payouts or to register for the 2025 contingency, visit RaceHusky.com or find an authorized Husqvarna Motorcycles dealer near you.
KTM too
KTM CONTINGENCY AND TRACKSIDE SUPPORT LAUNCHED FOR 2025
The brand is offering more than $6 million in race rewards for amateur and professional racers at select national events throughout the United States, alongside an industry-leading Trackside Support program at select series, dedicated to keep racers racing!
From motocross and supercross, to the premier offroad series in the professional ranks, the KTM brand remains READY TO RACE with a competitive payout via the KTM Pro Cash debit card.
In addition, the KTM Cash dealer credit program provides amateur riders the chance to earn cash value credits that can be used to purchase KTM products at any participating KTM North America dealership.
Those KTM incentives are offered to amateur (dealer credits) and professional (cash) riders when they earn top finishes while riding KTM motorcycles at select national racing events across the country.
For more information on the payout structures for 2025 national offroad, motocross and supercross series, visit KTMCash.com. The full 2025 KTM Orange Brigade Contingency program, complete with regional and local events, will be announced at a later date.
Also, back for the new year, KTM’s Trackside Support will be available for all Orange Brigade and KTM-brand riders alike at select national races across the country, where Orange bleeders can expect emergency parts and service to keep you READY TO RACE.
That's the 3€ Billion question.
Pit Row
I heard that this is happening.
I have a hard time understanding how that could work?
Would they just give them a 1Bil handout, part owner, more debt they can't pay back? it only gets more complicated from there.
Sounds like the creditors have had just about enough of Pierer and I suspect the Austrian Gov. has as well.
IMO from years of following the changing world we live in, no way will the Austrian Government bailout KTM. I do have an open mind and anything is possible.
In the months to come the world financial structure is going to change. Banking will take on a new look with the QFS and XRP.
Banksters will cease to exist.
KTM is but one of the businesses world wide that is experiencing these changes.
We all care and love our dirt bike experiences and thus we are sensitive to this change.
Research NESARA GESARA
Always keep an open and heartfelt mind as we create what we choose to believe (Good and Bad)
This is a better choice for Austria, bail out the citizens that worked at KTM and get a better ROI😍
Going to find out soon what the Austrian government
thinks about KTM failing…
Can you please stop posting to this topic. It's getting annoying when every third post is posted by you and your posts aren't bringing anything new to this conversation. Take a break and go ride your kawi and stop the senseless spamming
Does ktm cut ties with Aldon soon? He is on the books with a retainer to keep other brands from riding there. And they have sunk a ton of $$ into his facility. Would think there’s some serious pay cuts coming for people like rog and ian.
I find it astonishing that a bankrupt company that owes hundreds of millions, has unpaid employees and has way to much inventory it can't sell, is even legally allowed to spend money on a race team effort. Makes no sense. There is no way Sexton is getting dime one from the factory for any type of win/place or show. This simply doesn't add up.
So if a company is struggling, you expect them to stop trying to sell their products?
Dirt bike racing is a cheap* way to keep some public semblance of normalcy while continuing to push sales and maintaining value in the brand. Don't worry, if the stakeholders and decision makers think dirt bike racing would compromise a successful restructuring they will pull the plug.
*MotoGP is a money suck and a different story . . .
Someone report back from A1 on the mood in the KTM pits.
I'd expect them to pay their frigging employees and get the company finances in order long, long before funding a race team effort.
Post a reply to: KTM to file for Bankruptcy/ Self Restructuring on Friday