Former F1 driver Gerhard Berger is dissolving DTM’s parent body ITR as talks with ADAC continue. Full story ⬇️
In a meeting with all 17 employees at the company’s headquarters in Munich on Wednesday, Berger announced that ITR will not organise the 2023 DTM season, with talks being held for an orderly dissolution of the business.
"But since we have corporate responsibility, we have to clarify things now. We have decided that the ITR will no longer advertise the DTM 2023." "But even without the ITR, there can be a future for the DTM brand at the ADAC. That's why we're still in dialogue with the ADAC.”According to Autosport's sister website Motorsport-Total.com, Berger has been looking for an investor in the DTM all year, having taken over the full financial responsibility of running the series following the withdrawal of Audi and BMW from parent body ITR after 2020.
The DTM Electric project is not exactly cheap and the development of the car alone costs 15 million euros. Theoretically, ITR could have continued to run the DTM for another season in 2023 with the hope that progress on the DTM Electric support series would have brought investors onboard.
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