8 months ago 06th Oct 11:11
Four-time World Superbikes champion Carl Fogarty says his team's planned return to action next year is off because of a lack of sponsorship.
Team Foggy took a year out after losing sponsors Petronas but had agreed a deal to return in 2008, backed by Italian manufacturer MV Agusta.
Fogarty said that economic restrictions left him with little option but to scrap the planned comeback.
MV are understood to be talking to former grand prix world champion Kenny Roberts about switching his team from MotoGP to the World Superbikes championship instead.
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