By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sports DailySports Daily
Notification Show More
  • Home
  • Football
  • Baseball
  • Basketball
    • WNBA
  • Tennis
  • Racing
  • Golf
  • Racing
Reading: Financial anxiety for Scott Redding’s WorldSBK team?
Share
Sports DailySports Daily
Search
  • Home
  • Football
  • Baseball
  • Basketball
    • WNBA
  • Tennis
  • Racing
  • Golf
  • Racing
Follow US
Sports Daily > Racing > Financial anxiety for Scott Redding’s WorldSBK team?
Financial anxiety for Scott Redding's WorldSBK team?
Racing

Financial anxiety for Scott Redding’s WorldSBK team?

May 25, 2025 3 Min Read
Share
SHARE

The MGM Bonovo Ducati team will not be new WorldSBK outfits by 2025, but changes compared to previous seasons have reduced to one bike on Scott Reading, and it is possible that the end of the season will not be able to achieve.

Until the end of last season, the MGM team worked closely with the Bayern factory to run the BMW machines.

However, when Bonovo’s Jurgen Roder announced he would retire from his team’s ownership late last year, the team’s ownership was taken over by Michael Galinski (MGM stands for “Michael Galinski Motorsport”), and Bonovo remained as a sponsor.

There were good early signs of the new machinery in the new outfit, Reading and the team’s new machinery, as the British riders were able to finish in the top six in all three races in the Australian round in February.

However, since then, Redding has only been in the top six (Assen SuperPole Race), but at that point there are only the other top ten.

According to SpeedWeek, the MGM team may have already been off the grid in Misano’s Emilia-Romagna round in June, as a result of financial difficulties.

The German publication reports that MGM’s 2025 season is funded by a combination of teams’ own funding from owner Michael Galinsky. Sponsorship from Bonobo, which was supposed to cover two-thirds of this season’s budget. And by Redding himself, who is reportedly already offering 72% of the season’s financial obligations despite only five out of 12 rounds being held in 2025.

SpeedWeek reported that he began to encounter financial difficulties from MGM in April, and Galinski spoke with Assen’s WorldSBK Executive Director Gregorio Labilla to discuss the outcome of a possible withdrawal from the championship.

See also  When Pecco Bagnaia's Challenges with Ducati Became Clear: An Insider's Perspective This Year

Additionally, the German team reportedly owes about 280,000 euros (£235,000) of debt with Ducati, and according to Speedweek, Ducati has extended the deadline to 60 days.

Additionally, if an external buyer wants a sponsor that has not been found to fill MGM’s current financial hole, he says it will take around 800,000 euros (670,000 pounds) to save the team this season.

You Might Also Like

BMW to Field a Two-Rider Team for the 2026 Isle of Man TT

Oscar Piastri Shines at Qatar GP 2025, but McLaren Steals the Spotlight in Driver Ratings

MotoGP Legend Encourages Pecco Bagnaia to Collaborate with Sports Psychologist for Peak Performance

The contradiction holds Ferrari down, Vasser says

Valentino Rossi’s Crew Criticizes Pecco Bagnaia for ‘Underestimating’ Marc Marquez

TAGGED:anxietyFinancialFormula RacingRacingReddingsScottTeamWorldSBK
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

Antoine Semenyo to Manchester City: a move that could reshape the Premier League
Football

Antoine Semenyo’s Transfer to Manchester City: A Potential Game-Changer for the Premier League

“I Want Space”: Inside the Rift Between Jean Silva and Fighting Nerds Teammate Mauricio Ruffy
PGA Tour FedEx Cup Fall continues to serve as an important platform for young stars and established players
Liverpool plans to beat Real Madrid to a LA La Legast star with a confirmed injury to Leni ACL
Audi unveils R26 concept ahead of F1 debut
Drop Walk-Off to Angels, Findmselves Tied for First in NL West

About US

Your trusted source for up-to-the-minute sports news, in-depth analysis, and expert coverage across the globe’s most exciting sports.

Facebook Twitter Youtube

Categories

  • Baseball
  • Basketball
  • Football
  • Golf
  • Racing
  • Tennis

Legal Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Subscribe US

Chargers Face Urgent Quest for Wideout After Mike Williams’ Unexpected Retirement
Spurs approach to sign “best” cfs
Place Plan B: Arsenal will move for 21 goalsters if the 71 million euro move collapses
© 2025 All Rights reserved | Powered by Sports Daily
Welcome Back!

Sign in to your account

Lost your password?