Ad closing in seconds....

Gresini admits Moto2 funding issue

Published: 29 October 2009

Updated: 24 November 2014

Fausto Gresini has denied he is contemplating pulling the plug on his new Moto2 team.

Gresini was due to run two bikes designed and built by Japanese tuning specialists Moriwaki in 250cc two-stroke replacement class.

He had held lengthy talks with new World Supersport champion Cal Crutchlow and made a recent swoop for highly-rated British teenager Bradley Smith.

The Italian though has denied having second thoughts about his Moto2 squad, with a lack of funding casting doubt over the project.

Gresini said: “It is my intention to be in Moto2, but at the moment I’ve not fixed the budget and it is proving very difficult.”

LCR Honda MotoGP boss Lucio Cecchinello also abandoned plans to run in Moto2 because of budget constraints.

Bauer Media

Bauer Media Group consists of: Bauer Consumer Media Ltd, Company number: 01176085, Bauer Radio Ltd, Company Number: 1394141
Registered Office: Media House, Peterborough Business Park, Lynch Wood, Peterborough, PE2 6EA H Bauer Publishing,
Company Number: LP003328 Registered Office: Academic House, 24-28 Oval Road, London, NW1 7DT.
All registered in England and Wales. VAT no 918 5617 01
Bauer Consumer Media Ltd are authorised and regulated by the FCA(Ref No. 710067)