While the US motorcycle scene seems to be in full recovery mode, as is the US economy, Europe still seems to be ailing. British rider Gino Rea lost his seat in Moto2 last week after the new ESGP team decided to withdraw from the series due to a lack of budget.
Rea was scheduled to ride a FTR frame for the team, which was awarded a late entry on the 2013 Moto2 grid. Rea tested for the team in December in Spain.
"Unfortunately the team failed to secure enough budget to complete the 2013 season, and we lost our sponsor Crimea GP," Rea said. "It went downhill from there and now they've pulled the plug, and I'm left with no ride."
2012 Moto2 podium finisher Rea hasn't given up hope of finding a ride for this season.
"If I can find a sponsor or raise some funds, we could continue, but it's getting very late," Rea said. "If I were to find a ride in World Supersport or World Superbike, I would have to miss the first race because it starts so soon and the bikes are in the crates on the way to Australia."