KTM Bloodbath Continues
by Dean F. Adams
Wednesday, November 13, 2024
As noted here ...
KTM is now in very real financial trouble. Their share price is presently in single digits and the company has made a public plea for a newly needed $100 million in cash to help them through 2025. They are in a fight for survival.
KTM's track reps can talk tough about how this situation won't in any way effect their MotoGP effort, but there's little doubt that the bankers who own KTM's (huge) debt load, nor the new ones who might fund their newest plea for money, don't care one whit for their participation in a prototype racing series which may or may not cost them around $30 million dollars a season.
In addition, put on your banker hat and look at KTM's various activities this way:
Stay tuned.
KTM is now in very real financial trouble. Their share price is presently in single digits and the company has made a public plea for a newly needed $100 million in cash to help them through 2025. They are in a fight for survival.
KTM's track reps can talk tough about how this situation won't in any way effect their MotoGP effort, but there's little doubt that the bankers who own KTM's (huge) debt load, nor the new ones who might fund their newest plea for money, don't care one whit for their participation in a prototype racing series which may or may not cost them around $30 million dollars a season.
In addition, put on your banker hat and look at KTM's various activities this way:
KTM Racing in Motocross and Supercross
Racing in these series directly correlates into sales of KTM motorcycles at dealerships worldwide.KTM Adventure Rally
A great way for present KTM customers and future KTM customers to enjoy their bikes and celebrate the color orange. It sells bikes. KTM MotoGP
Do these motorcycles have a direct correlation to KTM motorcycles being sold to the public? Well, kinda ...Stay tuned.
— ends —
