Rising MotoGP star Pedro Acosta feels "relieved" after visiting the headquarters of beleaguered Austrian manufacturer KTM, according to his manager.Acosta travelled to Mattighofen in Austria on Tuesday to understand how KTM's dismal financial situation could have consequences for its MotoGP programme, now that he has become an integral part of its factory team.Latest reports indicate that ...Keep reading

Jetzt entbrennt Polit-Hickhack um KTM-Pleite

Kronen Zeitung

Vienna

Austria

Now political wrangling over KTM bankruptcy is raging

KTM was unable to pay the November salaries and the majority of the Christmas bonus, and the motorcycle manufacturer, which had slipped into insolvency, also failed to pay the promised advance on the December salary. This has now prompted former Federal Minister Alois Stöger to take action. The SPÖ politician is calling on the ÖVP to repay an earlier donation from KTM boss Stefan Pierer to the employees. Stefan Pierer transferred just over 436,0…

Die November-Gehälter und den Großteil des Weihnachtsgeldes konnte KTM nicht mehr auszahlen, den versprochenen Vorschuss auf das Dezember-Gehalt blieb der in die Insolvenz geschlitterte Motorradhersteller dann auch schuldig. Das ruft jetzt Ex-Bundesminister Alois Stöger auf den Plan. Der SPÖ-Politiker fordert die ÖVP auf, eine frühere Spende von KTM-Chef Stefan Pierer an die Beschäftigten zurückzuzahlen. Etwas mehr als 436.000 Euro hatte Stefan …

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Negotiations on new financing may already have started behind closed doors.

Hinter verschlossenen Türen dürften bereits die Verhandlungen über neue Finanzierungen angelaufen sein.

KTM-Pleite: Offen ist, ob Pierer persönlich Geld zuschießt

Kurier

Funke Mediengruppe

KTM bankruptcy: It is unclear whether Pierer will personally contribute money

motorsport

United States

Acosta feels "relieved" after visiting KTM's headquarters

Autosport

Motorsport Network

London

Greater London

England

United Kingdom

https://cdn-8.motorsport.com/images/amp/. Today at 16:39. Available... 1. img Motorsport. Yesterday at 15:16. Stats F1: Data Analysis... Source link: https://www.motors-addict.com/fr/article/formule2/acosta-soulage-apres-une-visite-au-siege-de-ktm/67644a6eb0d8a7598204cab5 Author: Publish date: 2024-12-19 18:04:29 Copyright for syndicated content belongs to the linked Source.

https://cdn-8.motorsport.com/images/amp/. Aujourd’hui à 16:39. Available … 1. img Motorsport. Hier à 15:16. Stats F1 : L’analyse des données …  Source link : https://www.motors-addict.com/fr/article/formule2/acosta-soulage-apres-une-visite-au-siege-de-ktm/67644a6eb0d8a7598204cab5 Author :  Publish date : 2024-12-19 18:04:29 Copyright for syndicated content belongs to the linked Source.

Acosta “soulagé” après une visite au siège de KTM… – motors-addict – Sports 365

Sports 365

Acosta “relieved” after a visit to KTM headquarters... — motors-addict — Sports 365

It seems the financial problems at KTM may be worse than initially feared, with reports now indicating the Austrian motorcycle manufacturer’s debts add up to approximately 2.9 billion euros (when its sister companies are added in) and an inability to pay its Austrian employees over December. Now, Citibank is involved, trying to help and sort out the mess. The numbers initially bandied about this… Source

Acosta feels "relieved" after visiting KTM's headquarters

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