P1racenews AI automatic summary:
MotoGP rejects RNF’s entry for 2024 over "repeated infractions and breaches"
The RNF MotoGP team has denied reports of financial issues and rumors of their place on the grid being in jeopardy during the Valencia Grand Prix weekend. In a press conference, the team representatives called the rumors “fake news” and stated that everything was well within the team. They mentioned that a takeover offer was rejected two weeks ago and that team principal Razlan Razali would be stepping down due to poor financial decisions. The team also denied owing any money to suppliers and claimed to have a contract in place until 2026. However, the MotoGP Selection Committee decided not to select the CryptoDATA RNF MotoGP team for the 2024 season, stating repeated infractions and breaches of the Participation Agreement as the reason. The committee will now review applications for a new Independent Team to join the grid using Aprilia machinery.
