While the 2003 World Superbike series prepares to wrap up at Magny Cours this weekend, KTM says although it has scrapped plans to enter the MotoGP championship, the manufacturer could compete in Superbikes in the near future.

While the 2003 World Superbike series prepares to wrap up at Magny Cours this weekend, KTM has indicated that it forgo the planned move to the MotoGP class in favour of the World Superbike Championship in the near future.

In an interview with magazine, KTM managing director Stefan Pierer explained that the Austrian manufacturer had abandoned its MotoGP project due to the enormous budget required for the venture. The Superbike series was also viewed as a better way to sell its machines.

"(MotoGP is) too expensive for a company of KTM's size to take part competitively with the intention of winning, which is the way we go racing. Although we are doing well commercially, and are the most profitable motorcycle company in Europe, it costs too much to produce what's needed to get to the top with a product far removed from what we actually sell, or will sell in the future," said Pierer.

When asked about the controversial new rules for 2004, Pierer was positive of the plans, believing they'll cut costs and even out the competition. "The new technical regulations will reduce costs and make private teams competitive, but the most critical issue is the control tyre rule. Hearing of this made it even more attractive for KTM to become involved in Superbike racing (as) having a single make of tyre will limit the costs dramatically for everyone - tyres are so expensive.”