Suzuki has officially announced it is backing out of the 2012 MotoGP season. Citing financial hardships as the reason, this is the first time since 1974 that Suzuki will not be lining up on the MotoGP grid. The squad has made a commitment to return in 2014, however, as it aims to develop a more competitive machine.
Suzuki Motor Corporation has decided to suspend temporarily its participation in FIM Road Racing Grand Prix MotoGP from 2012.
This suspension is to cope with tough circumstances mainly caused by the prolonged recession in developed countries, a historical appreciation of Japanese Yen and repeated natural disasters.
Having an eye to returning to MotoGP in 2014, Suzuki will now focus on developing a competitive new racing machine for that class.
Suzuki will continue motocross racing activity and support of road racing activities using mass-produced motorcycles, by obtaining FIM homologation and co-operation with the supplier of its development racing kit parts.