WP Performance Systems and KTM are developing a new motorcycle for the Moto2 World Championship.

WP - like KTM, Husqvarna and Pankl - belong to Cross Industries AG. The company headquarters are located in Austria's Munderfing right next door to the KTM Factory Racing Division.

Last season WP won the Moto2 World Championship for the first time using in-house developed suspension elements, courtesy of Johann Zarco. Inspired by this, the two companies have joined together in the shared Moto2 project.

On behalf of KTM, WP has already produced all the chassis for the Moto3 teams and for the Red Bull MotoGP Rookies Cup. WP has also manufactured many components for KTM's 2017 MotoGP project, including the chassis.

Now the WP Racing Department is developing a 'complete motorcycle' for the Moto2 World Championship (which would suggest an engine, perhaps in anticipation of a change to the current control 600cc Honda rules) with the first roll-out already taking place at Almeria in Spain.

Stefan Pierer, CEO Cross Industries AG, explained: "The Moto2 project has a great significance for us. Through our growth and long-term investments we are in a position to close this final gap in our activities in the sport of Grand Prix road racing.

"A young rider can gather his first experience in the Rookies Cup and then advance to our own in-house Moto3 team, then further, via the new Moto2 project into the MotoGP class.

"These are concepts that have repeatedly proved to be successful for KTM and WP in professional racing, and in the future we want to have riders for our MotoGP project that have advanced right through the entire KTM Academy."