Iodaracing says it is planning to continue racing in the MotoGP and Moto2 World Championship classes in 2015 despite releasing Danilo Petrucci to join Pramac Ducati.

The privateer Italian team had an option to retain Petrucci for the 2015 MotoGP season, the youngster having competed with the outfit since it stepped up to the premier class in 2012, but chose to release him to grasp an opportunity to join Pramac.

Though sad to see him go, for team owner Giampiero Sacchi, he is proud to have nurtured Petrucci's talent so as to catch the attention for Ducati.

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"I am happy to have given the opportunity to Danilo to debut in MotoGP and to shine enough to become a coveted piece on the chessboard of MotoGP class. Danilo is definitely one of the most interesting young riders in Italy and his dedication and talent that he expressed in races up to this point, witness it.

"With him, we started our adventure in MotoGP as Iodaracing, engaging in not an easy challenge as factory, designing and building our TR003. After three years of collaboration, however, has come the time for both to change.

"Danilo Petrucci I wish a wonderful career in the world and I am sure that, as has been shown in Iodaracing, will be able to be a leader in his next adventure."

Iodaracing is one of the smallest of the current MotoGP teams and is one of just two Open class entries - - along with Cardion AB Motoracing - with just a single rider having been forced to slim its entry at the start of 2014.

Despite the precarious start to the year, which also led to the team having to cancel an original agreement that would have seen Leon Camier partner Petrucci, Iodaracing says it is still working on plans to remain in both MotoGP and Moto2.

Petrucci spent two seasons on Ioda/Ioda-Suter machinery before the team acquired an Aprilia ART for this year. Though formerly the bike the beat under the CRT regulations, new Open category rules have seen the machine comprehensively outclassed in 2014.

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I feel sorry for CRT teams like Ioda & PBM.
Dorna encouraged CRT teams to enter suggesting that CRT was the future - then within two years they switched to open class which is essentially factory bikes that have a standard ECU / software.
If teams stay at CRT level they are completely out-classed and yet to switch to open class machinery, as Forward and Avintia have done requires a huge uplift in budget.
CRT teams have been screwed and then abandoned by Dorna.