P1racenews AI automatic summary:
MotoGP rejects RNF’s entry for 2024 over "repeated infractions and breaches"
During the Valencia Grand Prix weekend, the team issued a statement denying reports that their place on the grid was at risk due to financial issues. Representatives of CryptoDATA called the rumors “fake news” and stated that all was well within the team. They mentioned that a takeover offer was rejected two weeks ago and that the team principal was stepping down due to poor financial decisions. The MotoGP Selection Committee announced on Monday that the team would not be selected for the 2024 season due to repeated infractions and breaches of the Participation Agreement. The committee will review applications for a new Independent Team to join the MotoGP class grid for 2024. The team and Aprilia have yet to comment on the statement.
