Reitwagen BMW dropped out of the Assen round of the World Superbike championship team due to funding problems, with a promise that they would be back for Monza, however the Austrian team didn’t show up leaving both Andrew Pitt and Roland Resch high and dry and no idea if they’ll be riding again this year.

Pitt is at the Monza paddock taking in the races and is now looking for a new ride, voicing his concerns about the future of Reitwagen Motosport BMW team as the team owners have gone into hiding and are avoiding all efforts to be contacted.

“The team has decided to withdraw from this weekend due to ongoing financial problems,” said Pitt. “This comes as no surprise to me and I feel that the team had no intention of competing here this weekend. There is a complete lack of communication at this stage and nobody can be contacted. I am meeting with BMW shortly to discuss these problems. I am also fielding offers from BSB, EWC and other WSBK teams.”

Roland Resch has also confirmed via his blog that he too is looking for other options.

Source | andrewpitt.com

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The Reitwagen BMW team will not be present at the Monza round of the World Superbike Championship. The Austrian team withdrew from the Assen round due to the lack of funds and will once again miss another round having failed solving their financial and sponsor problems. Andrew Pitt, however will be at Monza taking in the two races from the sidelines.

Pro Ride Honda and Makoto Tamada continue to be missing in action with no clear date when the team will debut or if they ever will. The Italian team despite having Speed of Japan in charge of their marketing and sponsorship sales as yet to find a major sponsor to back the team.

Squadra Corse Italia Honda sole rider Vittorio Iannuzzo will be racing at Monza. Iannuzzo picked up hand injuries after his crash with Simon Andrews during the Valencia round that kept him out of Assen, but the Italian has now returned to full fitness.

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World Superbike Team Reitwagen BMW sat out last weekend’s fourth championship round, a delay due to economic difficulties with some of the investors in the team and some internal restructuring that forced the Austrian based team make the difficult decision to skip Assen.

Andrew Pitt, one of the team’s two riders, speaking to Motonline.com says that his new team aims to be back for the upcoming round at Monza, that takes place on May 7-9.

“Obviously I’m disappointed that I’m a spectator here at Assen and I love this circuit. I found out we were not racing here during the week. I’m told there is some financial restructuring going on and that there is no point racing until the bike can be further developed, so the aim is to make a comeback at Monza.”

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After just three rounds, privateer Team Reitwagen BMW is in financial trouble. According to the latest news, the squad who runs Andrew Pitt and Roland Resch, has run out of the necessary funding in order to continue to compete in the World Superbike Championship and will be skipping this weekend’s scheduled round at Assen.

The future of the Austrian based team is hanging on a thread and will be decided today at BMW’s headquarters in Munich, where the racing and especially the accounting department bigwigs, who hold the money reins, will see if they can financially help support, not only the official BMW team, but also the satellite team for the rest of the 2010 season.

Source | duegommeslick

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Yesterday we talked about Makoto Tamada who will be subbing for the injured Roland Resch in the BMW Reitwagen team for the Portimao round in a week’s time. The Austrian rider suffered a double fracture of his right collarbone in a crash during practice and had to undergo surgery, where the doctors inserted a titanium plate with eight screws.

Resch is currently working on his rehabilitation and recovery at the Dungl Medical-Vital Resort in Gars am Kamp, near Vienna and from the video you can clearly see why the rider can’t be at Portimao.

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