Alex Hoffman finds a new manufacturer after KTM departure

In order to ensure the operation in April and May, the Upper Austrian motorcycle manufacturer needs a further 50 million.

Pierer Mobiltiy AG speaks of "additional funds for the resumption of the production of KTM". In order to guarantee the operation in April and May, a total of 100 million euros are necessary.

Alex Hoffman finds a new manufacturer after KTM departure

Alex Hoffman recently left ambassador role with KTM

After his separation from KTM, former MotoGP driver and TV expert Alex Hofmann is now completing his route presentations on a BMW superbike.

The money is there: A further 50 million euros have now been transferred to secure KTM's production in Mattighofen.

The next financial injection of €50 million to ensure production at the motorcycle manufacturer KTM in Mattighofen (Braunau district) has been made. Pierer Mobility AG announced in a press release Tuesday morning that "additional funds have been secured for the resumption of KTM production." A total of €100 million is needed to ensure operations in April and May.