Suzuki Motor Corporation is withdrawing from the World Motorcycle Championship and the World Endurance Motorcycle Championship.

“Suzuki has decided to take this step due to the need to reallocate resources to other sustainability initiatives,” Toshihiro Suzuki, the company’s president, confirmed in a statement on Wednesday. It was only in November that the group and marketing company Dorna signed a new MotoGP contract until 2026.

With Joan Mir, Suzuki provided the world champion in the MotoGP class in 2020. The Spaniard and his teammate Alex Rins are now looking for jobs. This is Suzuki’s second withdrawal after 2011. The Japanese also withdrew from the Motocross World Championship in the MX2 and MXGP classes after the 2017 season. In the World Endurance Championship, Suzuki won the title 20 times. This season, the Yoshimura SERT Motul team leads the standings after two of four races.