Mahindra Racing announces Moto3 exit after 2017 season

dZired · 28th June 2017, 14:40

Mahindra Racing has announced that it will exit Moto3 as a manufacturer after the end of the ongoing 2017 season. The reason behind this decision is being attributed to the company's shift in strategy towards Formula E, where the team recently recorded its first-ever win at the Berlin ePrix.

Mahindra Racing stepped into Moto3 in 2011 as a team. It restructured itself as a bike and engine supplier from 2015. Mahindra currently supplies Moto3 bikes to factory-supported Aspar squad, customer outfit CIP and Peugeot. Last year was the company's most successful season as it won three races. However, the 2017 season hasn't brought much success for the manufacturer as all three outfits of Mahindra Racing have failed to score any points in four of the first seven races.

The company has claimed that it did a strategic review of Mahindra Racing and the manufacturer's two-wheeler arm, before deciding the Moto3 exit. The company will continue to participate in Formula E, which, it believes, is providing an ideal international platform for Mahindra's electric mobility efforts.

Mahindra Racing announces Moto3 exit after 2017 season-mahindra-moto2.jpg

Link to Team-BHP News

VW2010 · 28th June 2017, 15:14

Quote:

The company will continue to participate in Formula E, which, it believes, is providing an ideal international platform for Mahindra's electric mobility efforts.

Makes sense to an extent with E bikes and E cars gaining lot of traction. This also gives them platform to test electric based technology that they can probably take it to production cars.

Quote:

Globally, growth has been even stronger. Since 2014 global EV sales have more than doubled. Following a 72% jump in 2015, 2016 saw a 41% global increase in sales to reach 777,497 vehicles.

This market is growing big and with a platform to test different components while making the car last longer while driving faster makes it more than enough reasons to even get sponsors.

I think its a very wise move by Mahindra.

payeng · 3rd July 2017, 11:45

It wasn't a prudent decision to venture into a sport/event/spectacle that is followed by only a elite select few in the country. Especially when all you make and sell are products like the Gusto/Centuro.

The commotion outside the hall at the 2010 Auto Expo wasn't for Valentino Rossi when he visited New Delhi, but for the "Rumour" that the host of the event, John Abraham's then Hot GF "Bipasha Basu" was in the premises

The few podium finishes that Mahindra Team made at the MotoGP didn't make it into Big Time News. Beats me why.

Anyway its sad to see a cash rich organisation burn up Hundreds of Crores of Rupees all for nothing in the end. This decision was naturally expected.

28th June 2017, 14:40	#1
dZired Senior - BHPian Join Date: Jun 2012 Location: Bengaluru Posts: 1,866 Thanked: 7,969 Times View My Garage	Mahindra Racing announces Moto3 exit after 2017 season Mahindra Racing has announced that it will exit Moto3 as a manufacturer after the end of the ongoing 2017 season. The reason behind this decision is being attributed to the company's shift in strategy towards Formula E, where the team recently recorded its first-ever win at the Berlin ePrix. Mahindra Racing stepped into Moto3 in 2011 as a team. It restructured itself as a bike and engine supplier from 2015. Mahindra currently supplies Moto3 bikes to factory-supported Aspar squad, customer outfit CIP and Peugeot. Last year was the company's most successful season as it won three races. However, the 2017 season hasn't brought much success for the manufacturer as all three outfits of Mahindra Racing have failed to score any points in four of the first seven races. The company has claimed that it did a strategic review of Mahindra Racing and the manufacturer's two-wheeler arm, before deciding the Moto3 exit. The company will continue to participate in Formula E, which, it believes, is providing an ideal international platform for Mahindra's electric mobility efforts. Link to Team-BHP News Last edited by dZired : 28th June 2017 at 14:41.
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3rd July 2017, 11:45	#3
payeng Senior - BHPian Join Date: Oct 2006 Location: Bengaluru Posts: 1,189 Thanked: 2,183 Times	Re: Mahindra Racing announces Moto3 exit after 2017 season It wasn't a prudent decision to venture into a sport/event/spectacle that is followed by only a elite select few in the country. Especially when all you make and sell are products like the Gusto/Centuro. The commotion outside the hall at the 2010 Auto Expo wasn't for Valentino Rossi when he visited New Delhi, but for the "Rumour" that the host of the event, John Abraham's then Hot GF "Bipasha Basu" was in the premises The few podium finishes that Mahindra Team made at the MotoGP didn't make it into Big Time News. Beats me why. Anyway its sad to see a cash rich organisation burn up Hundreds of Crores of Rupees all for nothing in the end. This decision was naturally expected.
	() Thanks