"Kawasaki Heavy Industries Ltd announced today that it has decided to suspend its factory MotoGP racing activities from the 2009 season," the statement read.
"In a quick-changing business environment, Kawasaki has been promptly taking countermeasures to cope with the situation.
"As the world economy is not likely to recover in a short period due to the major impact of the financial crisis, Kawasaki decided to suspend its MotoGP racing activities from 2009 season onward and reallocate management resources more efficiently."