Lack of sponsors ruin Fogarty Superbikes return- 1 Oct 2007 21:35:00
Carl Fogarty, the four-time World Superbikes champion, has been forced to cancel the return of his motorcycling team to the grid next year after failing to attract the necessary sponsorship.
Team Foggy took a year out after losing sponsors Petronas but had agreed a deal to return in 2008, backed by Italian manufacturer MV Agusta.
Commented Fogarty: ‘We hoped the combination of my team and Agusta would be attractive for sponsors. Despite the excitement generated this has not proved to be the case.
‘The market will not support a professionally-run outfit of our size without significant financial input from a manufacturer. So I have decided to bring this chapter of my career to an end by putting our state-of-the-art facility at Burton, our race trailer and hospitality unit up for sale.’
MV are understood to be talking to former grand prix world champion Kenny Roberts about switching his team from MotoGP to the World Superbikes championship instead.