Mahindra Racing has come to a conclusion that it will be exiting the Moto3 at the end of this season. Currently, the company only supplies engines and motorcycles to the teams participating in the championship.
According to the President of Group Communications and Ethics of Mahindra Racing, Ruzbeh Irani, this move has been a result of the change in the strategy of the company towards electric mobility and the Formula E. He has also mentioned that the Formula E is one of the best platforms for the company to raise awareness towards the Mahindra Group and to give it a global exposure.
This decision will also allow the company to free up some funds and time that the company can invest in the Formula E team of Mahindra Racing. There are several rumours and talks doing the rounds that it is even planning to enter the Dakar Rally. The company has registered its first win in the Formula E last month.
Mahindra Racing had entered the Moto3 Championship back in 2011 as a full-fledged member. However, in 2015 it stepped down and continued to just provide motorcycles and engines to the teams racing in the championship. This season, the company will be supplying bikes to the factory-supported Aspar Racing Team, Peugeot and CIP.