The Suzuki Motor Corporation and MotoGP commercial rights holder, Dorna, have formally come to an agreement over the company leaving MotoGP at the end of the 2022 season.
Suzuki announced the bombshell news to quit MotoGP to a shocked team at the conclusion of the Jerez test in May, mere months after it had signed a new contract with Dorna to remain in the sport until the end of 2026. Dorna had stated the company’s decision could not be made on its own, and there will likely be financial penalties for exiting the new contract so soon, those of which have not been disclosed.
News also broke this week of Suzuki’s intention to leave the Endurance World Championship (EWC), the series in which they are the reigning World Champions with the Suzuki Endurance Racing Team.
“Suzuki has decided to end the participation of MotoGP and EWC in the face of the need to re-allocate resources on other initiatives for sustainability,” Toshihiro Suzuki, Representative Director and President, said in a statement.
“Motorcycle racing has always been a challenging place for technological innovation, including sustainability, and human resource development. This decision means that we will take on the challenge to build the new motorcycle business operation by redirecting the technological capabilities and human resources we have cultivated through the motorcycle racing activities to investigate other routes for a sustainable society. I would like to express my deepest gratitude to all our fans, riders and all stakeholders who joined us and enthusiastically supported us from the development stage since we returned to MotoGP racing. I will continue to do my best to support Alex Rins, Joan Mir, Team Suzuki Ecstar and Yoshimura SERT Motul to compete competitively until the end of the season. Thank you for your kind support.”