Suzuki confirms early MotoGP exit in 2022, cites financial crisis

Japanese auto giant Suzuki has confirmed its early MotoGP exit plan at the end of this season, four years ahead of the end of their contract, reports AFP. The auto company on Wednesday said that they have come to an agreement with the championship promoters Dorna to leave MotoGP at the end of this season. Suzuki's current deal with the MotoGP started in 2015 and was due to finish in 2026. However, earlier this year, in May, the company revealed their plan to quit MotoGP for financial reasons. On Wednesday too, Suzuki cited the same reason behind its decision to quit the MotoGP.

By: HT Auto Desk
| Updated on: 13 Jul 2022, 18:53 PM
Follow us on:
Follow us on:
Team Suzuki Ecstar's Joan Mir during a qualifying race at the Grand Prix of Argentina. (REUTERS)
Team Suzuki Ecstar's Joan Mir during a qualifying race at the Grand Prix of Argentina.

Also Read : Ducati rolls out 2023 Panigale V4 with electronics update

Speaking about the decision, Suzuki's representative director and president Toshihiro Suzuki said that motorcycle racing has always been a challenging place for technological innovation, including sustainability, and human resource development. "This decision means that we will take on the challenge to build the new motorcycle business operation by redirecting the technological capabilities and human resources we have cultivated through the motorcycle racing activities to investigate other routes for a sustainable society," he further added.

This is not the first time Suzuki ended its tryst with MotoGP. Earlier, the company left motorsports at the end of 2011, before returning to the arena again in 2015. Since their return to MotoGP seven years ago, the company has won the riders' title in 2020. In the 500cc segment, Suzuki won multiple world titles. It is not sure, if Suzuki would re-enter the MotoGP after 2026, when the current format is slated to be revised.

First Published Date: 13 Jul 2022, 18:52 PM IST
TAGS: Suzuki MotoGP
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299
51% OFF
AGARO Galaxy Cordless Tyre Inflator, Portable Air Compressor, Flash Light, Power Bank, Multipurpose Use, Rechargeable, Up to 150 PSI Air Pump for Car, Bike, Foot Balls, Inflatables, Black & Red
Rs. 2,199 Rs. 4,499
55% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 899 Rs. 1,999

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.