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Heard it this morning on the radio and looks like its for sure.
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Kawasaki pulls team out of MotoGP
Japanese manufacturer Kawasaki has pulled out of MotoGP to cut costs amid the global financial crisis.
"We took the final decision not to continue in MotoGP," said Kawasaki's Katsuhiro Sato. "It's something we have been considering since mid-December.
"In the current economic climate and unless the situation improves it is difficult to say if we will return."
Kawasaki had competed in motorcycling's premier class since the 2003 season, with annual costs of around £28.8m.
The worldwide economic downturn has also affected other Japanese marques involved in motorsport.
Honda announced in December it is quitting Formula One, while Subaru and Suzuki are out of the World Rally Championship.
Kawasaki has also felt the bite with sales of its bikes in the United States and Europe badly hit by the economic slump.
Dutch-based Kawasaki Motors Racing failed to win in MotoGP, their best result French rider Randy de Puniet's second place in Japan in 2007.
Kawasaki's decision leaves American John Hopkins and Italy's Marco Melandri looking for rides ahead of the 2009 season.
Melandri, who has won five MotoGPs, finished runner-up to compatriot Valentino Rossi in 2005.
Kawasaki's exit, assuming its two bikes are not taken on by an independent team, leaves the MotoGP grid with 17 riders. Points are awarded down to 15th place.
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