Chasing History: Lewis Hamilton’s Ferrari Move Inspired by Schumacher’s Legacy and Title Record Ambitions
Lewis Hamilton Discusses Being Inspired by Michael Schumacher's Time at Ferrari
Hamilton Has the Potential to Surpass F1 Championship Record with Ferrari
Lewis Hamilton has shared nostalgic reflections of observing Michael Schumacher race for Ferrari as he gets ready to emulate his path.
Next year, Hamilton is set to leave Mercedes for Ferrari, in what is expected to be the concluding segment of his iconic Formula 1 career.
Hamilton and Ferrari stand as the most accomplished driver and the most victorious team in the sport, respectively.
"From the instant I inked the deal, it's been an emotional whirlwind – confessing to my employer was incredibly daunting," Hamilton shared with The Times.
"It's thrilling because I recall being a child and observing Michael.
"Every motorist gazes at that vehicle, wondering, 'How would it feel to be behind the wheel in that crimson driver's seat?'"
Schumacher spearheaded a glorious period for Ferrari under the leadership of team principal Jean Todt.
The legendary driver from Germany secured five consecutive championships racing for the Italian team. He achieved a total of seven titles, setting a record that was later equaled by Hamilton.
Schumacher concluded a trio of years in retirement by joining Mercedes, where his initial efforts helped pave the way for Hamilton's subsequent achievements.
Hamilton is set to compete into his 40s with Ferrari, aiming to set a new record by winning an eighth F1 title.
"Truthfully, at this moment, I believe I'm in the best health of my life," he stated.
"I'm feeling great, both in terms of my physical and mental well-being."
"I believe my response speeds surpass those of the younger drivers. In my view, I've become a more skilled driver now compared to when I was 22."
"At that time, I was merely youthful, full of vigor, and unyielding, lacking in refinement and equilibrium. I hadn't yet learned the art of collaboration or the skills necessary to guide others."
"Excellence in racing driving isn't solely determined by speed, but by being the most versatile."
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Sports
Quenching the Thirst for Success: How Yeti’s Partnership with Oracle Red Bull Racing Helped Propel Max Verstappen to His Fourth Consecutive F1 World Championship
Within Max Verstappen's hydration station lies a tale of a company now crucial to Formula 1
Yeti, a brand specializing in water coolers, backs Red Bull, according to Stewart Bell
Yeti, a partner of Oracle Red Bull Racing, expressed profound humility for their role in helping Max Verstappen clinch his fourth consecutive Formula One World Championship in Las Vegas this past Sunday. The American firm was welcomed into the partnership in 2022, primarily to support the team's sustainability initiatives at their Milton Keynes headquarters.
The current world titleholders have collaborated on several initiatives with the famed cooling product manufacturer, extending far beyond the initial plea for recyclable items to reduce waste across its facilities. This partnership is a significant point of pride for the multinational corporation, which boasts over 1000 employees and is based in Austin, Texas.
"Bill Neff, the Head of Marketing at Yeti, in an exclusive conversation with Crash.net, expressed his admiration for [Oracle Red Bull Racing]. He mentioned how remarkable it is to work with such an exceptional team and how their on-track performance is both impressive and a privilege that makes them proud to include them among their partners."
Similar to Oracle Red Bull Racing's origins, Yeti started from simple roots when siblings Roy and Ryan Seiders embarked on a journey nearly two decades ago, in 2006, with the aim of creating a cooler they could use daily.
"Neff states that it was unrelated to the various drinking vessels and additional items we handle."
Ryan's motivation wasn't about keeping ice frozen for longer. Instead, he sought a sturdy cooler that could support his weight, allowing him to cast from a higher vantage point at the front of a boat. The coolers available back then were unstable and prone to collapsing or breaking under weight. This necessity led to the creation of the Tundra Hard Cooler.
Echoing the famous quote from the 1989 movie Field of Dreams, "If you build it, they will come," Yeti's coolers quickly became a sensation among U.S. outdoor aficionados, initially attracting anglers and hunters before captivating the whitewater rafting crowd and barbecue experts.
Interest surged when Yeti broadened its product line to include more user-friendly drinkware in 2013, adhering to their 'durably constructed' philosophy.
The Seiders siblings certainly never imagined they would collaborate with a Formula One team. However, according to Yeti's Marketing Chief Neff, this collaboration is far from typical – starting uniquely with a connection made on the professional networking site, LinkedIn.
"Oracle Red Bull Racing was brainstorming concepts with us. We suggested, 'Why not just be friends?' We enjoy each other's company, so we decided to explore what possibilities could emerge from this, and that's essentially how it all began," he explains.
Subsequently, the idea was proposed that Max [Verstappen] and Checo [Sergio Pérez] would benefit from an improved water bottle. Believing in our capability, we approached the team and crafted the straws. These bottles are not available for sale; they are exclusively produced for the team.
"Then, the idea struck us that these coolers might actually be perfect for storing our dry ice, and we were like, 'absolutely, that sounds fantastic.'"
"Currently, we're assisting in the cooling of engines and braking mechanisms, which has led us to support that aspect of the cars' performance. Initially, we didn't intend to have our brand displayed on their items, but that has changed. Thus, it represents a significant progression in our collaborative efforts."
Yeti finds in Oracle Red Bull Racing an ideal ally because its offerings directly address the team's requirements, making this collaboration more meaningful than a standard licensing agreement. However, this does not prevent Yeti from leveraging conventional partnership perks such as event hospitality to treat its staff and clients.
Neff mentions, "We aim to keep things simple and not fuss too much. For us, it's less about the whole hospitality aspect and more about ensuring our products stand out as effective tools. However, if it were up to me, I'd attend every race because they're incredibly enjoyable. Austin and Melbourne are significant events for us. Silverstone is another race where we like to invite guests."
Similar to other teams in the Formula One circuit, Yeti is looking ahead to 2025, aiming to enhance its offerings not only for its partner, Oracle Red Bull Racing, but also for its broader clientele.
Neff believes it's crucial for them to deliver their finest work across all their products and to remain actively engaged.
"I am optimistic that we will maintain our teamwork and continue exploring enjoyable methods that will be appreciated by the [F1] fanbase, aiming to enhance our product in a way that boosts the team's performance and leads to victories. Those are my expectations. They have responsibilities, and if our support can improve their efficiency – that would be fantastic."
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Sports
From Water Coolers to World Titles: How Yeti’s Partnership with Red Bull Racing Fuels F1 Success
Delving into Max Verstappen's hydration strategy reveals a narrative about a company now crucial to Formula 1
Yeti, a brand specializing in water coolers and a sponsor of Red Bull, is spotlighted by Stewart Bell
Yeti, a partner of Oracle Red Bull Racing, expressed immense pride in contributing to Max Verstappen's fourth consecutive Formula One World Championship victory in Las Vegas last Sunday. The American firm was integrated into the team in 2022 to support sustainability initiatives at their Milton Keynes headquarters.
The current World Champions have collaborated on several initiatives with the iconic cooling brand, far exceeding their initial inquiry for recyclable items to reduce waste at their sites. This partnership is a significant point of pride for the multinational corporation, which boasts over 1000 employees and is based in Austin, Texas.
"Bill Neff, the Head of Marketing at Yeti, expressed to Crash.net in an exclusive conversation that the team at Oracle Red Bull Racing is simply outstanding. He mentioned it's a privilege to have such a high-performing partner featured on their partner wall, emphasizing the excellence of their on-track product and how it's an honor for Yeti."
Similar to Oracle Red Bull Racing, Yeti started from modest origins – when brothers Roy and Ryan Seiders embarked on a journey nearly two decades ago, in 2006, to create a cooler they themselves would use daily.
Neff explains, "This was completely unrelated to our usual activities involving drinkware and similar items."
The creation of the Tundra Hard Cooler wasn't motivated by its ability to keep ice frozen. Instead, Ryan was in search of a sturdy cooler that he could use as a platform to improve his casting angle from the front of a boat. The coolers available at that time weren't reliable—they were unstable and prone to tipping over and getting damaged. This necessity led to the development of the Tundra Hard Cooler.
Echoing the iconic phrase from the 1989 movie Field of Dreams, "If you build it, they will come," Yeti coolers became an instant hit among American outdoor aficionados, initially catching on among anglers and hunters, before swiftly gaining popularity with whitewater rafting fans and barbecue experts.
Interest surged when Yeti ventured into the more user-friendly drinkware market in 2013, adhering to their 'durably constructed' philosophy.
The Seiders siblings likely never imagined they would collaborate with a Formula One team. However, according to Yeti's Marketing Chief Neff, this collaboration is far from typical, especially considering it started with a connection made on the professional networking site, LinkedIn.
"Oracle Red Bull Racing was brainstorming concepts with our team, and we decided, 'Why not just be friends?' We enjoy each other's company, so we thought we'd explore what possibilities might unfold from there, and that's essentially how it all began," he explains.
Subsequently, the idea was proposed that Max [Verstappen] and Checo [Sergio Pérez] would benefit from an improved water bottle. Believing in our capability to deliver, we approached the team and crafted the straws. These bottles are exclusively produced for the team and are not available for purchase.
"Following that, it dawned on us that these coolers might actually be perfect for storing our dry ice, to which we agreed, 'absolutely, that would be fantastic.'"
"Currently, we're contributing to the cooling of engines and brake systems, thus we've decided to support that aspect of the vehicles' performance. Initially, our intention wasn't to brand items with our logos for them, but that has changed. Therefore, it truly represents an advancement into our next collaborative endeavor."
Yeti finds an ideal collaboration in Oracle Red Bull Racing, as its offerings directly address the team's requirements, establishing a meaningful connection beyond a mere licensing agreement. However, this doesn't exclude Yeti from enjoying conventional partnership perks such as event hospitality, which it uses to appreciate its staff and customers.
Neff mentions, "Our approach is to keep things simple. The aspect of being hospitable isn't our main focus; we prefer to let our products stand out on their own merits. However, I'd attend every race if possible, simply because they're incredibly enjoyable. Austin and Melbourne are significant events for us. Additionally, Silverstone is an event where we aim to host some guests."
Similar to others in the Formula One arena, Yeti is also looking ahead to 2025, focusing on improvements not only for its partner Oracle Red Bull Racing but for its broader customer base as well.
"Neff believes it's crucial to deliver their best effort in all the products they create for their clients and to remain actively engaged."
"I aspire for us to maintain a partnership that thrives on collaboration, consistently discovering enjoyable methods to delight the [F1] fans, and contribute to our product's ability to propel the team towards success and victory. Those are my expectations. They have responsibilities to fulfill, and if we can assist in enhancing their performance – that would be fantastic."
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24H Le Mans
Revving Up the Excitement: Live Coverage and Exclusive Insights from the 24 Hours of Le Mans
As the engines roar and the flag drops, the world turns its attention to the legendary Circuit de la Sarthe for the iconic 24 Hours of Le Mans. This endurance race, a crucible of speed, strategy, and stamina, promises to once again captivate motorsport enthusiasts worldwide. As a sports journalist tasked with bringing the essence of this storied event to life, my role involves much more than mere observation. It's about delivering precise, real-time updates and crafting compelling narratives that highlight the electrifying Race Dynamics and Driver Insights. From On-Site Reporting to conducting Exclusive Interviews with top drivers and Rennteam Details, the aim is to provide a holistic view of the race. With a keen eye for Technical Analysis, each report is designed to unravel the complexities of vehicle technology and race strategies that define this grueling test of endurance. Leveraging the power of Social Media Updates and Multimedia Skills, the goal is to ensure maximum Audience Engagement and reach, while also offering Background Reports that delve into the rich history and innovation that make Le Mans an unparalleled sporting spectacle. Through Collaboration with photographers, graphic designers, and editors, the coverage promises to be as dynamic as the race itself, showcasing the best of Broadcast Journalism in a fast-paced environment where precision and creativity are paramount.
1. "Live from Le Mans: On-Site Reporting and Real-Time Updates Deliver the Thrill of Endurance Racing"
The 24 Hours of Le Mans is more than just a race; it is an exhilarating spectacle of endurance and innovation, and capturing its essence requires finesse in sports journalism. On-site reporting at this iconic event is crucial for delivering the thrill of endurance racing straight to the audience. Armed with a blend of precision reporting and real-time updates, journalists stationed at the track engage in a high-octane environment where every moment counts.
Live coverage is the backbone of this event, with journalists providing continuous updates that highlight key moments and keep viewers on the edge of their seats. Utilizing a combination of technical analysis, race dynamics, and driver insights, reporters paint a vivid picture of the unfolding drama. Social media updates and multimedia skills further enhance audience engagement, allowing fans globally to experience the race's excitement through photos, videos, and insightful commentary.
Interviews with drivers, race teams, and officials offer exclusive insights into race strategy and behind-the-scenes coverage. These interviews are crucial for crafting compelling background reports that delve into rennteam details and event highlights. The storytelling prowess of seasoned journalists brings these narratives to life, offering a glimpse into the minds of those who push the limits of speed and endurance.
Collaboration with photographers, camerawork professionals, and graphic designers ensures a rich tapestry of visual content that complements the editorial work. This teamwork is vital for creating audiovisual presentations that capture the essence of Le Mans, showcasing the fast-paced environment with breathtaking precision.
In the realm of broadcast journalism, the role of a sports journalist extends to breaking news coverage, press releases, and information gathering. The ability to adapt to a fast-paced environment, combined with creative thinking and strategic planning, ensures that every aspect of the race is covered with industry expertise. Furthermore, post-race analysis provides an opportunity to reflect on the race's impact, dissecting race strategies and offering professional insights.
As the race unfolds, journalists tap into their professional networks and marketing strategies to maximize audience reach and community interaction. Content distribution across various platforms, coupled with cross-platform promotion, amplifies the event's allure and integrates sponsorship elements seamlessly.
Ultimately, the 24 Hours of Le Mans is a showcase of innovation and endurance, and the role of sports journalism in this context is to communicate its allure accurately and dynamically. Through exclusive interviews, behind-the-scenes access, and real-time updates, journalists bring the excitement of this legendary race to life, ensuring that fans remain captivated from start to finish.
As the checkered flag waves to signal the end of this year's 24 Hours of Le Mans, the curtain closes on an event that has once again captivated motorsport enthusiasts around the world. The relentless pace and strategic brilliance on display reaffirm the race's status as the pinnacle of endurance racing. Throughout the weekend, our comprehensive coverage brought the excitement of Le Mans to life, thanks to a dedicated team that seamlessly blended on-site reporting, exclusive interviews, and real-time updates.
By employing cutting-edge technology and utilizing platforms for media coverage, we ensured audience engagement through dynamic storytelling and vivid visual content. Our collaboration with photographers, graphic designers, and editors brought the race's dramatic narrative to screens across the globe, while our technical analysis provided deeper insights into race dynamics and strategies.
This year's Le Mans was not just a showcase of speed and stamina but also a testament to the power of sports journalism in delivering behind-the-scenes insights and industry expertise. Through a blend of data analysis and creative thinking, we highlighted the human stories and technical triumphs that define this legendary event. As we wrap up our broadcast journalism efforts, it's clear that the 24 Hours of Le Mans remains a unique spectacle, where innovation meets tradition, and where every lap tells a story of perseverance and passion.
In the end, the race's enduring allure lies in its ability to push boundaries and bring communities together, and we are proud to have been part of this thrilling journey. Until next year, we leave the Circuit de la Sarthe with memories that will fuel our passion for motorsport and storytelling alike.
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Moto GP
Jorge Martin Triumphs Over MotoGP Titans Bagnaia and Marquez to Claim 2024 World Championship
'Quest for Glory' Jorge Martin 'Surpasses Top Competitors Pecco Bagnaia and Marc Marquez'
2024 world champion commends his rivals in the MotoGP championship
Jorge Martin claims he overcame the peak performances of Francesco Bagnaia and Marc Marquez en route to securing the 2024 MotoGP championship.
The departing Pramac competitor was involved in a year-long contest with Ducati’s main team contender Bagnaia, which reached its climax at the last race in Barcelona.
Despite securing just three grand prix victories compared to Bagnaia's 11, Martin's steady performance throughout the season enabled him to clinch his inaugural premier class championship by a margin of 10 points.
During a conversation on the official MotoGP site after securing his championship win, Martin lauded both Bagnaia and Marquez. Marquez triumphed three times in 2024 riding the previous year's Ducati managed by Gresini.
"Martin expressed amazement at his victory over the top-performing Pecco, who had claimed victory in 11 races."
"Indeed, Pecco was at his finest. I believe Marc too was at the peak of his performance. Perhaps his motorcycle wasn't the top of the line; it seemed he lacked a bit in that department."
"Truly, he was the finest Marc out there. I can guarantee he pushed himself to the edge. And I still managed to outdo the both of them.
"Definitely, I must enhance my performance as, despite my consistency, I only secured victories in three Sundays."
"I had two accidents at the front, so there's definitely space for enhancement, and I'll aim to achieve that."
During the same conversation, Martin expressed his career aspirations, stating, "My goal is to become a legendary figure in MotoGP."
"I aspire to be commemorated as an exceptional motorcyclist alongside legends such as Jorge Lorenzo, Dani Pedrosa, Valentino Rossi, and Marc Marquez."
Reflecting on his victory in Barcelona, Martin shared that his mind immediately went back to the accident in Portugal during his first season in 2021, which resulted in several injuries.
"It remains hard to believe," he commented about his championship.
Following the race, I was overwhelmed with emotions and truly amazed.
Before drifting off to sleep, tears were streaming down my face as I lay alone in bed. Maria was already asleep when the tears began to flow.
"I recall vividly the challenging times, the difficulties we faced."
"The key point is that I didn't quit. Reflecting on the time in Portimao, I was bedridden with nine injuries, unable to walk for a month. Yet, here I am now. It's unbelievable."
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Moto GP
Austrian Motorcycle Giant KTM Gets Lifeline in Court, Job Layoff Forecasts Cut Amid Restructuring Efforts
KTM permitted to proceed as employment cut predictions decrease in pivotal court session
Austrian company facing difficulties receives significant support on Friday
Following a hearing on Friday, the Ried Regional Court has allowed KTM to proceed with its operations, and the initially anticipated number of staff reductions has been decreased.
The motorcycle maker from Austria is facing a severe financial downturn, as KTM is reported to owe upwards of €1.8 billion, based on information from associations that protect creditors.
In recent months, numerous employees have been dismissed, and it is anticipated that there will be additional layoffs. Moreover, wages for November and December remain unpaid to date.
Nonetheless, after a court session at the Ried Regional Court in Austria on Friday, KTM received permission to proceed.
As reported by the Austrian broadcaster ORF, KTM's reorganization efforts will continue as scheduled, with the company deemed to have "adequate financial reserves" until its forthcoming review session.
The anticipated figure for job cuts has been reduced from 500 to 300, and it is expected that workers will receive their wages for November and December by the end of January.
The compensation will be sourced from the fund set aside for insolvency wages.
According to ORF, KTM's chief Stefan Pierer was absent from the Regional Court proceedings, with Gottfried Neumeister, the Co-CEO, stepping in to represent the company.
KTM's revamp strategy might receive a financial uplift from three entities considering an investment via the Pierer Mobility Group, reportedly amounting to as much as €700 million.
The halt in production by the manufacturer, initiated last week, is set to continue through the end of February due to an excess inventory of 130,000 units that remain unsold in a warehouse.
KTM is scheduled for a creditors review on January 24, followed by a decision on its reorganization proposal on February 25, where creditors are presented with a two-year plan to receive 30% repayment.
As of now, there has been no formal announcement regarding the effect of this recent progress on KTM's MotoGP initiative.
Several leaders have maintained since November that plans for 2025 will proceed as scheduled.
Nonetheless, there are circulating reports suggesting that KTM plans to halt progress on its 2025 motorcycle model due to the firm's current financial difficulties.
KTM has yet to verify this information.
This week, it was revealed by the management that they will be divesting the 50.1% controlling interest in the Italian marque MV Agusta, previously held by KTM. Concurrently, Jeremy McWilliams, a veteran test rider for KTM, has been let go from his position.
Austria's financial sector is currently investigating KTM to determine if the Pierer Mobility Group adhered to this year's disclosure rules.
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Moto GP
Ducati’s 2025 Dilemma: Gigi Dall’Igna Addresses the Challenge of Competing with Rival Brands’ Top Riders
Ducati's MotoGP leader highlights the main issue facing the team in 2025
Gigi Dall’Igna focuses on the hurdles Ducati will face in 2025
Ducati's chief executive, Gigi Dall’Igna, has disclosed that the primary challenge facing Ducati for the 2025 MotoGP season stems from competing manufacturers employing increasingly skilled riders.
The Italian brand led the charge in the 2024 season, as its competitors clinched victories in 19 out of the 20 major races, securing both the manufacturers’ and riders’ championships for Ducati.
For the 2025 racing season, Ducati will have fewer bikes competing, with the number dropping from eight to six. This change comes as Pramac decided to switch to Yamaha following Marc Marquez's move to the main team. Additionally, there will be only three of Ducati's GP25 factory models on the track, down from four.
Dall'Igna doesn't view the decrease in Ducati's motorcycle count as an issue, pointing out that other brands have expanded their presence on the grid without seeing significant improvements in their performance lately.
The concern for Ducati in 2025 lies in the departure of formidable competitors such as Jorge Martin, the 2024 world champion, and Enea Bastianini, who have both inked deals with competing teams.
"Frankly, no," Dall'Igna responded last month to inquiries about whether Ducati's diminished role in 2025 would pose an issue.
"However, the main issue appears to be that competing brands may have superior riders. Historically, when observing certain brands, like Aprilia, which expanded its lineup from two to four bikes, the outcomes remained largely unchanged."
"Hence, I believe that having merely six bikes, six riders on the grid, won't actually be the main issue for us."
"The core issue here is that Martin is transitioning to a different firm, and the same applies to Enea. It appears this is what distinguishes the years 2024 and 2025."
Initially, Ducati intended to elevate Martin to its official team by 2025, but Marquez's refusal to accept a factory bike at Pramac led to a change in plans.
Despite Martin's championship victory with Pramac, Dall’Igna insists that there are no second thoughts regarding Ducati's choices for 2025.
"Definitely, we gave it considerable thought before making this choice," he further stated.
Additionally, we believed that this year could be the one where Martin secures the championship title.
"After consideration, we made the decision."
"Thus, my opinion remains unchanged currently, and I am firmly of the belief that we're offering the Ducati riders the optimal solution available."
Regarding Ducati's choice to decrease its number of factory bikes from four to three, Dall'Igna commented, "This move is financially the most advantageous."
"By rotating three bicycles into the subsequent season, you enhance economic efficiency."
"From a technical perspective, having four factory bikes instead of three doesn't actually offer a significant benefit."
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Moto GP
KTM Powers Through Financial Crisis with Unyielding Commitment to Racing and Innovation into 2025
KTM remains determined despite economic turmoil
KTM provides an update following the decision of the Regional Court last Friday
KTM affirms its commitment to maintaining momentum through 2025 despite facing a financial crunch, following the Regional Court's Friday decision which allows the company to proceed as is.
According to a Friday report by ORF, the Austrian producer has accumulated debts surpassing €1.8 billion, after opting for self-administration in the previous month to avoid insolvency.
Numerous employees have been dismissed, and an additional 300 job cuts are anticipated, which is less than the initially projected 500 by KTM.
Manufacturing is on pause until the end of February, and employees must wait until the end of January at the earliest to receive their wages for November and December.
On Friday, during a hearing at the Regional Court, KTM received approval to maintain its existing structure. Meanwhile, three entities have shown a willingness to inject as much as 700 million euros to support its ongoing restructuring efforts.
A meeting with creditors is scheduled for January 24, followed by a vote on its reorganization strategy at the end of February.
There hasn't been much formal communication regarding KTM's MotoGP initiative set for 2025, however, top officials from the company have previously stated that the project is expected to proceed without any changes.
Subsequently, there were media speculations about a halt in the development of the 2025 RC16.
KTM has issued a communication regarding the ongoing scenario, indicating its dedication to continue its involvement in racing activities by 2025, without explicitly referencing MotoGP.
The complete declaration reads as follows:
"'READY TO RACE' transcends a mere catchphrase for KTM; it encapsulates our very purpose. The competitive arena is a mix of triumphs and setbacks, courage and disillusionment, as well as wins and losses. The year 2024 has brought a series of triumphs alongside hurdles for the organization.
"As we move towards 2025 and beyond, numerous challenges and obstacles await us – yet, we remain undeterred and continue to push forward with full force."
2024 stands out as an exceptional year for KTM, characterized by daring advancements, exhilarating triumphs, and steadfast commitment to our customers. Although obstacles inevitably arise in any significant endeavor, we view them as chances to hasten our progress towards a more promising future.
There's no hiding the fact that KTM AG is dealing with changes in the economic environment. Yet, in line with our 'READY TO RACE' slogan, we're taking this opportunity to adjust, recharge, and rejuvenate.
"KTM is wholeheartedly dedicated to providing outstanding experiences for both existing and prospective customers. We are determined to excite and navigate our path back to the forefront of victory."
"Racing is the stage where we display our brand's identity, showcase our engineering prowess, and express our zeal for competition. Throughout the last year, our motorsport teams have consistently reached new heights of success. We kicked off the season holding an impressive tally of 341 FIM World Championship titles."
Throughout their extensive international schedules, they participated in over 1,480 races, securing 246 podium finishes and 150 victories in a range of competitions. Despite facing challenges and sustaining injuries—a common aspect of the sport—KTM remarkably clinched an additional 11 hard-earned championships to their tally.
Away from their usual competitive tracks, KTM has had a bustling year with numerous activities. The company introduced 59 fresh models, organized three global media events attended by 152 partners from the media, executed three events for customers that drew in 283 attendees, and made a significant comeback to EICMA, the biggest motorcycle expo globally, featuring a vast booth spanning 1,635 square meters and showcasing 17 new products from KTM.
KTM is actively promoting these latest motorcycles and is focused on keeping progress on track in key sectors. The company is also embracing a proactive strategy while going through this period of reorganization.
"In the coming three months, our aim is to secure the company's stability while laying the groundwork for continuous growth and prosperity."
During this time frame, KTM commits to maintaining the supply of motorcycles via our Certified KTM Dealer network. This commitment also extends to our spare parts, technical accessories, customer service support, and warranties, all of which will continue without alteration, providing consistent and steadfast assistance throughout this duration.
"The pursuit of cutting-edge, thrill-seeking motorcycles continues unabated. KTM is gearing up for the unveiling of several eagerly awaited new models, set to hit dealership floors in the early months of 2025. This move reaffirms our commitment to maintaining our status as a premier motorcycle brand in Europe for years to come."
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KTM Secures MotoGP Presence Through 2025 Despite Restructuring and Financial Hurdles
KTM confirms its participation in MotoGP until 2025 despite rumors of departure during organizational changes
KTM’s involvement in MotoGP remains in doubt due to financial challenges
Fresh details emerged from the creditors' gathering on Friday about KTM’s bankruptcy process, indicating that the company intends to cut its MotoGP project as a measure to decrease expenses.
On Friday morning, news surfaced that KTM would be permitted to maintain its existing operations after an initial meeting with creditors took place at the Regional Court in Austria.
Investors are showing enthusiasm for a €700 million financial injection aimed at supporting KTM during its self-led restructuring efforts, amidst facing debts exceeding €1.8 billion.
Predictions for job cuts have been lowered from 500 to 300, and wages for November and December are expected to be disbursed by the end of January, assuming things proceed smoothly.
Initial accounts failed to specify the status of KTM's MotoGP initiative during the current crisis.
On Friday afternoon, the company issued an ambiguous announcement asserting its commitment to maintaining momentum through 2025, without specifically addressing its Formula 1 initiatives.
The economic turmoil within the organization has affected the Moto2 and Moto3 categories, leading to the withdrawal of the GASGAS and Husqvarna teams from the 2025 line-up. Despite this, several prominent individuals have previously assured that the MotoGP initiative will proceed without changes.
According to details disclosed by the credit protection agency Alpenlandischer Kreditorenverband (AKV), the restructuring plans include "a proposed exit from MotoGP, Moto2/Moto3 as a strategy to lower expenses."
AKV has not specified any schedule for this.
KTM pledges allegiance to MotoGP until 2025
Crash.net contacted KTM for an official statement, to which the company replied:
Today signifies a pivotal moment for KTM as we announce the progression of our restructuring efforts. This significant step solidifies our strategy for the future, and we are delighted to affirm that motorsport continues to be a key component of our restructuring agenda.
KTM remains unwavering in its dedication to motorsport. We reiterate our declaration for 2025: our participation in MotoGP will persist!
Today's encouraging results have revitalized us, and we express our gratitude for your backing.
Next year, KTM plans to participate in MotoGP with two groups: the main team led by Brad Binder and Pedro Acosta, along with Tech3. After spending two years operating as GASGAS, Tech3 will now compete under the KTM banner, featuring Maverick Vinales and Enea Bastianini as its competitors.
KTM provides 16 motorcycles for the Moto3 lineup.
At the beginning of this week, Albert Valera, who manages Acosta, conveyed to motorsport.com that KTM had confirmed their racing schedule would remain unchanged.
"Valera mentioned that he and Pedro were able to visit Austria to firsthand observe the actual state of the KTM project in MotoGP."
"Despite the challenging circumstances facing the company, the overall sentiment remains optimistic."
It has been consistently conveyed to us that the core of KTM's ethos lies in racing, with their unwavering dedication focused solely on securing the championship title.
"Pedro is dedicated to the project and feels more at ease and assured following the meeting."
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KTM Affirms Commitment to MotoGP Amid Restructuring and Financial Challenges
KTM pledges to remain in MotoGP until at least 2025, despite speculation of leaving during organizational changes
KTM's ongoing participation in MotoGP in jeopardy due to economic challenges
Details emerging from the creditors' meeting on Friday about KTM's bankruptcy process indicate that the company intends to cut its MotoGP project as a measure to decrease expenses.
On Friday morning, it was reported that KTM received permission to maintain its operations as they are after an initial meeting with creditors took place at the Regional Court in Austria.
Investors have shown enthusiasm for a €700 million financial injection aimed at supporting KTM during its self-administered restructuring process, amid facing a debt burden of at least €1.8 billion.
Predictions for the number of job cuts have been lowered from 500 to 300, and with any luck, wages for November and December are expected to be disbursed by January's end.
Initial accounts failed to address the status of KTM's MotoGP initiative during the current turmoil.
On Friday afternoon, the brand issued an ambiguous announcement, stating it would continue its aggressive approach through 2025, without making any references to its Formula 1 projects.
The economic turmoil within the corporation has had effects on Moto2 and Moto3, leading to the elimination of the GASGAS and Husqvarna names from the lineup for the year 2025. Despite this, several leaders have previously stated that the MotoGP initiative will proceed according to its original schedule.
Nevertheless, details shared by the debt protection group Alpenlandischer Kreditorenverband (AKV) indicate that part of the restructuring plan includes "cutting expenses through the planned exit from MotoGP, Moto2/Moto3 competitions."
AKV has not provided a specific schedule for this.
KTM pledges continued participation in MotoGP until 2025
Crash.net has contacted KTM seeking an official statement, to which the company has replied:
Today signifies a critical moment for KTM as we officially announce the advancement of our restructuring efforts. This significant step ensures the execution of our future strategy, and it brings us great pride to affirm that motorsport continues to be a key component of our reorganization plan.
"KTM remains unwavering in its dedication to motorsport. We reiterate our pledge for 2025: our participation in MotoGP races will persist!"
Today's favorable results have revitalized us, and we extend our gratitude for your backing.
Next year, KTM plans to enter MotoGP with two outfits: the primary team led by Brad Binder and Pedro Acosta, and Tech3, now returning to the KTM banner after a two-year stint as GASGAS, featuring Maverick Vinales and Enea Bastianini as its competitors.
KTM provides 16 motorcycles for competitors in the Moto3 category.
Earlier this week, Albert Valera, the manager of Acosta, informed motorsport.com that KTM had given them assurances that the racing schedule would remain unchanged.
"Valera reported that he and Pedro were fortunate enough to visit Austria and witness firsthand the actual state of the KTM project in MotoGP."
"Even though the company is facing a challenging period, the outlook remains optimistic."
"It has been conveyed to us repeatedly that the core of KTM lies in racing, and they will persist in their efforts with the singular goal of securing the championship title."
"Pedro is dedicated to the project and feels more at ease and assured following the meeting."
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Racing Bulls Welcomes Isack Hadjar for F1 Debut as 2025 Grid Locks in Fresh Talent
Isack Hadjar is set to make his Formula 1 entrance with Racing Bulls, stepping in for Liam Lawson
Now, the lineup for the 2025 Formula 1 season is fully confirmed
Isack Hadjar is set to progress from Formula 2 to Formula 1, joining Racing Bulls, the junior team of Red Bull, as he takes over the spot from Liam Lawson.
Red Bull has experienced a hectic few days, culminating on Wednesday with the announcement of Sergio Perez's exit from the squad.
On Thursday morning, it was revealed that Lawson would join Red Bull as Max Verstappen's teammate for the 2025 Formula 1 season.
Hadjar is set to occupy the open position at Racing Bulls.
A 20-year-old from France has become the newest addition to Red Bull's roster of young drivers to make it to Formula 1, joining the ranks of notable names such as Verstappen, Sebastian Vettel, and Daniel Ricciardo.
Hadjar secured the runner-up position in the 2024 F2 championship, closely trailing behind Sauber newcomer Gabriel Bortoleto for the title.
He is set to compete together with Yuki Tsunoda, who did not receive a promotion consideration from Red Bull.
Commenting on the announcement, Hadjar expressed: "I'm thrilled to embark on my journey with VCARB. This represents a significant milestone for me, my family, and everyone who has supported me since the start."
"Progressing from kart racing, climbing up the ladder in single-seater categories, to finally reaching Formula One represents the culmination of my lifelong ambition; it's the ultimate dream. It feels as though I'm entering an entirely new realm, piloting a significantly speedier vehicle, and competing against the world's elite racers."
"I'm aware that there's a significant challenge ahead, yet I am prepared to give it my all and contribute my utmost to the team's success."
"I'm excited about the opportunity to collaborate with and gain insights from Yuki. He's been a role model for me, having navigated the Red Bull Junior Programme just as I did, and our journeys to F1 have paralleled each other. His wealth of experience is something I'm keen to tap into and learn from."
A newcomer joins the 2025 F1 lineup
Hadjar joins an extensive roster of newcomers in the 2025 F1 championship.
Mercedes opted to substitute Lewis Hamilton with the 18-year-old prodigy, Andrea Kimi Antonelli.
Haas chose Ferrari's young talent, Oliver Bearman, and Jack Doohan will join Pierre Gasly in competing for Alpine.
Bortoleto was selected to succeed Valtteri Bottas at Sauber.
This indicates that several prominent racers are currently not participating.
Bottas, Perez, Ricciardo, Kevin Magnussen, and Zhou Guanyu are currently without a team for the 2025 season.
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Revving Up for 2025: The Complete F1 Grid Shake-Up Unveiled
F1 2025's grid sees numerous changes – where are drivers heading?
Outlined below is the contract status of each F1 driver for the upcoming 2025 season.
Here's the 2025 Formula 1 roster, detailing the contract status of each Formula 1 driver.
Max Verstappen has secured a lengthy contract with Red Bull, although it includes a provision allowing for departure should Helmut Marko also exit. Verstappen is adamant that such a departure is unlikely.
A week before the holiday season, it was revealed that Sergio Perez would be leaving after a disappointing 2024 season.
The following day, it was revealed that Liam Lawson would take over the position.
Lewis Hamilton's significant switch to Ferrari in 2025 is the key transaction that determined the direction of the driver market.
He is set to join forces with Charles Leclerc, who has also committed to a lengthy contract extension.
Carlos Sainz was displaced from his position due to Hamilton joining the team.
Mercedes has secured George Russell until the conclusion of 2025. Meanwhile, the young prodigy Andrea Kimi Antonelli is set to step up from F2 following only one season, filling the spot left by Hamilton who is moving to Ferrari.
McLaren has secured its thrilling pair, Lando Norris and Oscar Piastri, on extended contracts.
Aston Martin has secured an agreement with Lance Stroll, whose father, Lawrence Stroll, is a billionaire proprietor of the team, to continue his partnership with them into the following year and further into the future
Fernando Alonso is under contract with Aston Martin for the 2025 and 2026 racing seasons.
Williams triumphantly secured the signing of Sainz, winning the competition.
Sainz was replaced at Ferrari by Hamilton and spent the initial six months of 2024 evaluating his choices, which encompassed teams like Mercedes, Red Bull, Sauber, and Alpine.
As his choices became limited, he put his trust in the team led by James Vowles.
Leading racer Alex Albon, who has caught the attention of premier teams, has reiterated his dedication to Williams.
In the latter half of 2024, Williams welcomed Franco Colapinto onboard, taking over from Logan Sargeant. Heading into 2025, Colapinto finds himself without a seat, and with no openings at Williams, he has caught the attention of competing teams.
Pierre Gasly has inked a fresh, extended deal with Alpine.
The group announced that Esteban Ocon will not be part of their driving lineup in 2025.
Jack Doohan was subsequently announced as the successor to Ocon. Doohan is set to embark on his inaugural season in 2025.
Continuing with Racing Bulls
Yuki Tsunoda, having not secured a spot with Red Bull, will stay on at RB for another term.
Second-place finisher in Formula 2, Isack Hadjar, is set to make his Formula 1 debut in 2025, stepping in for Lawson who is moving to Red Bull.
Nico Hulkenberg is set to switch from Haas to Sauber in 2025, signing a contract that extends over several years.
Gabriel Bortoleto, who is competing in Formula 2 this season, has been confirmed as Hulkenberg's new teammate. Bortoleto is set to embark on his debut F1 season next year.
Valtteri Bottas and Guanyu Zhou, previously with Sauber, have been let go as their contracts with the team came to an end.
Starting in 2026, Sauber will transition to Audi, with the German powerhouse setting ambitious goals.
Haas has announced that Hulkenberg is set to depart for Sauber, while Kevin Magnussen, whose contract is up, will also be leaving the team.
Oliver Bearman, a standout performer from Ferrari's junior team during his first Formula 1 outing as a fill-in for the unwell Sainz, has secured a permanent position at Haas, taking over from Hulkenberg.
Ocon has transitioned from Alpine to join forces with Bearman.
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Helmut Marko Advises Rising Star Isack Hadjar to Master Emotions Ahead of F1 Debut with Racing Bulls
Helmut Marko advises Isack Hadjar to "manage his emotions" before his first Formula 1 appearance
"Maintain steadiness, as the speed and all are present. The remainder will develop with practice."
Helmut Marko has advised Isack Hadjar to maintain emotional composure as he prepares for his Formula 1 debut with Racing Bulls the following year.
On Friday morning, it was revealed that Hadjar would be joining the Racing Bulls Formula 1 team, partnering with Yuki Tsunoda.
The young racer from France, aged 20, secured the runner-up position in the 2024 Formula 2 championship, just falling short of clinching the title, which went to Gabriel Bortoleto. Bortoleto is set to step into Formula 1, joining Sauber for the 202
Hadjar has become the newest addition from the Red Bull academy to ascend to Formula 1, joining the ranks of prominent drivers such as Max Verstappen, Sebastian Vettel, and Daniel Ricciardo.
Before Red Bull made its announcements this week, when questioned about Hadjar, Marko discussed the areas Hadjar must enhance to secure a spot in F1.
Evaluating Hadjar, Marko conveyed to the Inside Line F1 Podcast: “To start with, it's important to acknowledge that Isack was set back by more than 80 points due to technical problems.
Maintaining momentum and motivation is already a significant accomplishment. Isack is quick, yet he must manage his emotions and remain concentrated. A case in point occurred in Monte Carlo when a Safety Car unexpectedly appeared ahead of him. He began to grumble and express his frustration, questioning, "Why?" and so forth.
Instead, the individual was dealing with tyres that hadn't been warmed up properly. Rather than scattering his focus with constant communication over the radio, he should have focused on taking a more aggressive approach in his driving.
"Essentially, it's crucial to concentrate on what matters and reduce errors, similar to the incident where he lost control and spun during a test session in Abu Dhabi. I believe this happened during a practice run on Friday."
"Focus on maintaining consistency; the pace and all necessary elements are present. Everything else will fall into place with regular practice."
Hadjar's inclusion in Racing Bulls finalizes the 2025 F1 lineup.
Hadjar stands as the fifth newcomer in the lineup.
Andrea Kimi Antonelli is set to embark on his Formula 1 journey with Mercedes, as Ollie Bearman gears up for his inaugural full season at Haas, teaming up with Esteban Ocon.
Jack Doohan is poised to team up with Pierre Gasly at Alpine for the upcoming races.
Bortoleto was selected to take over from Valtteri Bottas at Sauber.
Apart from the newcomers, Lewis Hamilton is set to join Ferrari, marking his first race with the team, whereas Lawson will experience leading-edge equipment as he debuts with Red Bull in Australia.
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