Overview
- KTM has secured the €600 million financing required to meet its May 23 insolvency restructuring deadline, averting liquidation.
- The financing was confirmed by Pierer Mobility AG, though reports suggest Bajaj Auto is the primary contributor with a €566 million loan.
- Bajaj Auto, which already holds just under 50% of KTM’s shares, is expected to gain greater influence over the company’s operations and strategic direction.
- KTM’s long-term status as an Austrian-owned company is uncertain, with potential shifts in production from Europe to India or other regions under Bajaj’s influence.
- While KTM remains contractually committed to MotoGP through 2026, its participation beyond that date remains unclear, raising questions about its motorsport future.