A move to spend about $230 million to buy back Suzuki Motor Corporation shares held by GM is behind the company’s drastic cutbacks in racing programs, according to sources inside the company. The company has slashed existing U.S. racing programs–pulling out completely from dirt track, for example–and may not even field an official Superbike team. Company insiders said that Chairman Osamu Suzuki decided to buy back the shares because he did not want them sold on the open market. Read news reports about the stock buy-back here: ~http://www.autospies.com/news/GM-Dumps-Suzuki-Shares-In-Effort-To-Conserve-Cash-37586/~ ~http://www.bloomberg.com/apps/news?pid=newsarchive&sid=afLhdv5luxs0~