KTM support McGrath decision, form future ties.

Following the official announcement that Jeremy McGrath would retire from full time Supercross racing, several questins were left unanswered - such as what would become of the recent contract signed between McGrath and KTM for the seven times SX champ to race one of the Austrian machines for the next two years.

KTM's Vice President of Marketing & Communications, Scot Harden, has now made the following statement regarding the future of KTM and McGrath Racing, where he supports McGrath's decision to retire - then announces that they're looking forward to working with Jeremy as a team owner.

The statement reads:

"KTM Sportmotorcycle fully supports Jeremy McGrath's recent decision to retire from the sport of Supercross. While we are certain it was very difficult for Jeremy to cross this bridge, KTM respects him for recognizing the level of commitment it takes to remain at top of the sport. We are confident that he has made the most appropriate decision for himself, his family and his sponsors.

"Like fans everywhere, we are sad to see the McGrath 'on track' era come to an end. However, KTM also sees this as the beginning of an exciting new chapter in the McGrath legacy.

"KTM looks forward to working with Jeremy and McGrath Racing in the years ahead as the next phase of Jeremy's involvement in the sport unfolds. As a team owner, mentor and spokesperson, Jeremy 's impact on the sport will continue to be felt.

"In this capacity KTM intends to remain on board as the motorcycle partner with Jeremy and McGrath Racing. This new aspect of the McGrath/KTM relationship is already in development.

"In the meantime, all of us at KTM wish to congratulate Jeremy on a truly outstanding career. Our entire sport and industry is grateful for the contribution he has made not only as its most prolific champion but as a superb role model and ambassador for our sport as well. Simply put, Supercross would not be what it is today if not for Jeremy McGrath. We wish him well."

McGrath will spend the 2003 season travelling to all Supercross races to meet, greet and thanks the many fans who have supported him throughout his career.

On actual race days, the Bud Light/KTM semi will be present in the pit area, with the hospitality area continuing as usual and McGrath extending his autograph signing times. In the evening, Jeremy will be part of the main event's opening ceremonies.