P1racenews AI automatic summary:
RNF MotoGP team denies financial problems and takeover talks
The RNF MotoGP team was formed at the end of 2021 after Petronas and the Sepang Racing Team decided to leave MotoGP. Former SRT team boss Razlan Razali became the owner of RNF, which initially used Yamaha bikes before switching to Aprilia. In 2023, RNF established a title partnership with Romanian firm CryptoDATA, and Razali sold a majority stake in the team to the company. Despite poor results, RNF denied rumors of debts related to its title partner and rejected a takeover offer, while Razali confirmed his decision to step down from the team. RNF also stated that they have valid contracts with MotoGP and Aprilia, and do not owe any money to suppliers. The team is currently undergoing an internal audit by its majority shareholder.
