Kawasaki issues press release confirming MotoGP withdrawal

Dailies -

By

Kawasaki_quits_motogp.jpgKawasaki has finally issued a press release confirming what we told you on December 30: it’s pulling out of MotoGP racing effective immediately.
>
The press release follows:

“Tokyo, January 9, 2009 — Kawasaki Heavy Industries, Ltd. announced today
that it has decided to suspend its factory MotoGP racing activities from 2009
season.

“Amid quickly 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.
Kawasaki will continue racing activities using mass-produced motorcycles as
well as supporting general race-oriented customers.

“Kawasaki would like to thank all the fans and all those who have forwarded us great help.”

Kawasaki

  • 6mt

    sad day indeed

  • http://www.daveconrey.com daveconrey

    Wow, that is just nuts. The sour economy has a near endless reach.

  • Chris

    That’s disappointing. I always thought Kawasaki Heavy Industries was bulletproof.

  • gixxer1kdaddy

    they are just circling the wagons. they will return when they see a more favorable outlook.

  • Jonesy

    They are bullet proof, and the economy is just making them re-think spending the money… does anyone think if they actually were Winning weekend in and out that they would be going anywhere… They have plenty of money to support teams that podium… they are going to fall back do some R-D bank some funds and we’ll see them again… Hopes with fingers crossed I Hate to see them go i am a die hard Kawi guy… 05 Z1000 / 09 KX450F / and Had Several Jet Ski’s

    • nononense

      Hopper said in this month’s Road Racing World that he thought the ZXRR was a mess, and would need significant redesign to fix rear wheel grip problems. As in a whole new bike (though he did say the electronics were good).

      I’m sure that’s not a burden kawi execs want to bear in this economy. maybe next year.

  • http://www.icanhazviews.com NermreinnaTar

    Cheapest fastest real youtube views

    Cheap youtube views