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Home Motorbikes MotoGP

Finnish GP future in question amidst bankruptcy application

byKyle Francis
4 years ago
A A
Finnish GP future in question amidst bankruptcy application
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The return of the Finnish MotoGP event has been thrown into doubt again after it emerged two construction companies helped build the KymiRing venue have applied for bankruptcy against it.

Having initially been set to rejoin the MotoGP calendar for the 2020 campaign before its hopes were dashed as a result of the Covid-19 pandemic, the Finnish GP failed to take place in either 2021 or this year either as a continuation of Covid struggles and issues relating to the ongoing Russia/Ukraine conflict respectively.

The ’22 event likely wouldn’t have gone ahead even without the war though as the KymiRing failed to achieve the relevant level of homologation needed to plough on with a race weekend, and now its troubles have worsened further according to Finnish publication Yle, which has reported the circuit organisers owe around half-a-million euros to two separate construction venues that helped construct it.

According to Yle, the two construction organisations – namely Maanrakennus Pekka Rautiainen ky and Macra oy – first had notices for their respective debts drawn up on June 13th, though due to the Kymiring failing to pay up the companies are now attempting to take it to a bankruptcy court in order to recoup funds.

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The event is still pencilled in for a 2023 date on next year’s MotoGP calendar, though it remains to be seen how the expected upcoming financial challenges it faces will affect any future plans the circuit has.

Tags: FinnishGPKymi RingMotoGP
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