The RNF team came into existence at the end of 2021 following Petronas and the Sepang Racing Team’s decision to quit MotoGP at the conclusion of that season.
Former SRT team boss Razlan Razali became the owner of RNF, which fielded Yamaha bikes in 2022 before linking up with Aprilia for this season.
For 2023, RNF took on a title partnership with Romanian firm CryptoDATA, while Razali sold a majority stake in his team to the company.
The team has achieved largely poor results however. RNF finished 11th of the 12 teams in 2022 and is on course for ninth out of 11 outfits this season.
During the Valencia Grand Prix weekend, reports emerged in some media that RNF’s place on the grid next year was in doubt amid rumours of debt relating to its title partner.
Italian outlet GPOne then reported that NASCAR team Trackhouse Racing was set to take over RNF next season.
This followed a social media post from Razali which suggested – but did not explicitly state – that he was stepping down at the end of the season.
But on Saturday evening in Valencia, the team put out a statement denying all of this, noting that a takeover offer was rejected two weeks ago and that Razali…
