Pitt's Reitwagen BMW team has hit financial troubles.

Dual Supersport World Champion Andrew Pitt has voiced his concerns about the future of the Reitwagen Motosport BMW World Superbike team as it will sit out its second round in succession this weekend.

The team pulled out of Assen at short notice, leaving Pitt without a ride on the Wednesday before the race, however at the time the team assured the Australian that he would be competing in round five at Monza to be held this Sunday.

Now, on the eve of the Monza weekend, the team owners have gone into hiding according to a statement from Pitt, leaving him without a ride for the second round in a row.

“The team has decided to withdraw from this weekend due to ongoing financial problems,” he commented. “This comes as no surprise to me and I feel that the team had no intention of competing here this weekend.

“There is a complete lack of communication at this stage and nobody can be contacted. I am meeting with BMW shortly to discuss these problems – I am also fielding offers from BSB, EWC and other WSBK teams.”

The Reitwagen team was a new entry for the 2010 championship, originally scheduled to contest the entire series with Pitt and German Roland Resch.