KTM Went Bankrupt in 2024. It Just Won Its Home Race

On Sunday at the Red Bull Ring, 22 year old Pedro Acosta won his first ever MotoGP race.

And he did it on a factory bike that was declared insolvent 22 months ago.

Creditors were paid 30 cents on the Euro and the company was sold to an Indian buyer to make sure they kept the lights on and kept running.

But through all of that, KTM never missed a race.

I'm Tim from Ride Along Trackside.

We're going to look at three things today.

Firstly, what actually happened to KTM? Secondly, why an F1 manufacturer in the same position would have to walk away? And thirdly, what is it about MotoGP that lets them stay in the game when there's trouble at home? In Formula One, a manufacturer that's in that much trouble declaring insolvency, they're going to have to leave.

They can't actually stay in the racing.

It's too expensive and by the time they leave, they're gone.

But just this last Sunday, Pedro Acosta won on his Red Bull KTM at the Red Bull Ring in Austria.

And he was riding for a team that two years ago was insolvent.

And as exciting as that is, maybe that's not the most interesting part of this story.

On Sunday at the Red Bull Ring, 22 year old Pedro Acosta won his first ever MotoGP race.

And he did it on a factory bike that was declared insolvent 22 months ago.

Creditors were paid 30 cents on the Euro and the company was sold to an Indian buyer to make sure they kept the lights on and kept running.

But through all of that, KTM never missed a race.

I'm Tim from Ride Along Trackside.

We're going to look at three things today.

Firstly, what actually happened to KTM? Secondly, why an F1 manufacturer in the same position would have to walk away? And thirdly, what is it about MotoGP that lets them stay in the game when there's trouble at home? In Formula One, a manufacturer that's in that much trouble declaring insolvency, they're going to have to leave.

They can't actually stay in the racing.

It's too expensive and by the time they leave, they're gone.

But just this last Sunday, Pedro Acosta won on his Red Bull KTM at the Red Bull Ring in Austria.

And he was riding for a team that two years ago was insolvent.

And as exciting as that is, maybe that's not the most interesting part of this story.