“This suspension is to cope with tough circumstances mainly caused by the prolonged recession in developed countries, a historical appreciation of Japanese Yen and repeated natural disasters,” a company statement read.
“Having an eye to returning to MotoGP in 2014, Suzuki will now focus on developing a competitive new racing machine for that class.”
Suzuki's future in MotoGP had been in doubt for months, with the reduction to a single works bike this season widely regarded as a precursor to a full withdrawal.
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