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The problem is the electronics in the sport. The fuel restriction and the spec tires kill the competition. The factories won't sell the bikes anymore because the proprietary info in the bikes themselves.
The teams are forced to build a bike that suits a specific tire only, then figure out how to get the most power out of a few drops of fuel all the while doing it with a handful of engines. This is not a formula to reduce costs. The teams with the bigger budgets get innovative and make it work. The lesser teams are there to pick up the scraps and fall down the order. Look what it did to Ducati, Suzuki and Kawasaki.
If they want to bring the CRT's closer, remove the engine restrictions all together and open up other tire companies for them. This may attract sponsors like Red Bull if they know they have a shot of getting some air time. Give the CRT's a fighting chance with a machine, since the CRT outfits will never be able to afford the likes of Rossi, Lorenzo, Pedrosa