Hamilton TALKS confirmed in shock signing plans away from......

Hamilton TALKS confirmed in shock signing plans away from……read more

In a surprising turn of events, motorsport boss Pit Beirer has confirmed that Formula 1 icon Lewis Hamilton has engaged in discussions about a potential investment in the troubled KTM MotoGP team. This revelation comes after F1’s owners, Liberty Media, took control of MotoGP earlier this year, and now it appears that F1’s influence is reaching even further into the world of grand prix motorcycle racing.

KTM, an Austrian manufacturer competing in MotoGP, has recently faced serious financial struggles, with liabilities reportedly nearing three billion Euros. Despite this, Beirer remains optimistic about the team’s future and insists that they will be racing in 2025. The prospect of Hamilton joining as an investor is seen as a potential lifeline for the team, providing both financial support and the kind of high-profile involvement that could boost KTM’s visibility in the sport.

While Hamilton is known for his dominance in Formula 1, the seven-time world champion has also expressed interest in the world of MotoGP, and his management has confirmed that discussions with KTM are indeed taking place. Beirer acknowledged the interest in Hamilton’s potential investment, stating that the talks are “concrete” and have been progressing well. “It is no secret that Lewis Hamilton is interested in MotoGP and is thinking about having his own team,” said Beirer in an interview with Speedweek. He also emphasized that the discussions with Hamilton are not just hypothetical, as concrete steps have been taken to explore the possibility of an investment partnership.

Despite KTM’s ties to rival Red Bull, which has been a key backer of the team since its MotoGP debut in 2017, Beirer stressed that this would not be a barrier to Hamilton’s involvement. “Anyone who wants to work with us knows how close we are – Red Bull and KTM are inseparable,” Beirer explained. However, he reassured that the partnership would not interfere with Hamilton’s potential role as an investor. The distinction between an investor and a sponsor is important in this context, as Beirer clarified that an investor’s involvement would go beyond just financial support. He noted that investors who bring money into the project often have a say in decision-making processes, contributing to the strategic direction of the team.

This development could signal a new chapter for both Hamilton and KTM in the world of motorsport. Hamilton’s move into MotoGP, if it goes ahead, would not be his first involvement in the sport outside of Formula 1, as he has previously expressed interest in diversifying his motorsport portfolio. The news also follows a trend of Formula 1 figures venturing into other motorsport disciplines, with Liberty Media’s involvement in MotoGP acting as a catalyst for these crossovers.

For KTM, Hamilton’s potential involvement could be a significant boon, both financially and in terms of the global recognition that his name would bring to the team. As Beirer emphasized, the presence of high-profile investors could help secure the team’s future and lead to new opportunities, strengthening the team’s position within the highly competitive world of MotoGP.

In conclusion, while KTM faces significant financial challenges, the possibility of a partnership with Lewis Hamilton represents a promising avenue for the future. Beirer’s confidence in the team’s ability to continue racing in 2025, coupled with the potential backing of the F1 legend, suggests that KTM could navigate through these troubled times and emerge stronger in the years ahead.