While we have been expecting Erik Buell Racing to join forces with a larger company at some point this year, today it comes as a bit of surprise to learn that EBR has partnered with Hero MotoCorp. The deal sees Hero becoming the title sponsor for two teams in the AMA Pro Racing National Guard Superbikes Championship — Team Hero and AMSOIL Hero, while Erik Buell Racing will give Hero design and technology inputs for bikes destined for the Indian market.

In practicality, this partnership would seem to suggest that Erik Buell Racing will help Hero MotoCorp, a company recently freed/dumped from its partnership with Honda, build sporty two-wheelers for the Indian motorcycle market, while the cash-infused Indian manufacturer will help the boutique American sport bike maker continue to go racing in the United States. This news also puts Danny Eslick on the Team Hero EBR 1190RS for the 2012 season, while Geoff May will continue with the AMSOIL Hero EBR 1190RS.

Although not really a show designed for consumers, the Indianapolis Dealer Expo still manages to generate some good gossip. Convening in Indiana each wintery February, industry folk really only have two things to talk about: the weather and industry rumors — since we’re not a weather blog, we’ll focus on the latter. One of the better rumors to come from the Indy show was that electric scooter manufacturer Vectrix is considering building its electric superbike concept, which debuted at EICMA circa 2007.

Allegedly looking to expand upon its line of electric vehicles, and feeling that the iron is hot for an sport bike offering, Vectrix has apparently been telling dealers it is considering resurrecting the Rob Brady Design concept. Considering Vectrix’s storied past (and interesting dealer practices), it is hard to tell if this rumor actually has any legs, or if Vectrix is just trying to sign-up a few dealers for its current line of less-than-appealing two-wheelers.

The KTM Moto3 racer is a thing of beauty, and for bonus points, it comes in two varieties. One is the orange-trellis framed factory-built KTM, which will be campaigned by the three-rider factory team of Sandro Cortese, Danny Kent, and Arthur Sissis for 2012.

The other variety is the one engineered by Kalex Engineering, which features the same 250cc KTM motor as the factory version, but takes the German company’s prowess at chassis design, and uses a twin-spar aluminum frame instead of the factory team’s trellis variant. The venerable Team Aspar is one of the teams signed on to use the Kalex/KTM, and will have riders Alberto Moncayo & Hector Faubel aiming to beat the factory KTM squad at their own game.

With no Americans in Moto3, the entry-level GP series won’t get too much attention here in the US, but the machinery certainly looks pretty good to our eyes. Still clad in carbon fiber for the testing season, the KTM and KTM/Kalex machines are like tiny pieces of motorcycling art.

Though some are lamenting the passing of the two-stroke era, and its unmistakable buzzing sound on the track, we think the newest four-stroke GP class will please motorcycling’s audiophiles. Listen to the KTM Moto3 race bike warm up after the jump, and enjoy some eyecandy.

With Carlos Checa dominating Phillip Island during the private tests and the first day of official testing, Tom Sykes displaced the reigning World Superbikes Champion early on in the second day of official testing at Phillip Island. In WSBK’s final test before the season’s racing kicks off this weekend, the Kawasaki rider set the day’s fastest time with a 1:31.648, holding off Checa by just 0.004 seconds. Also setting their best times on Tuesday, Jakub Smrz, Jonathan Rea, and Max Biaggi rounded out the fastest five overall. Marco Melandri was sixth fastest overall, with his best time being set on Monday.

There were a number of crashes that tested both riders and available machinery, of which Leon Haslam was the most notable. The Englishman fractured his right tibia in a high side at the final turn on Monday, leaving the BMW rider to scramble for an available surgery. He tweeted Tuesday, “I’ve finally found a guy to sort things out booked in for a Op on Thursday morning there might be a chance to ride on Sunday,” adding, “fingerscrossed.” Rea also crashed heavily, but did more damage to his bike than himself, and was able to continue throughout the test sessions.

Ducati has been hogging the news the past few weeks, thanks in large part to the debut of the most important motorcycle the Italian motorcycle manufacturer has ever released. With Ducati up for sale and being valued at €1 billion, the Ducati 1199 Panigale sets the record straight that Bologna has not strayed from its sport bike and racing heritage with the release of bikes like the Hypermotard, Multistrada 1200, and Diavel. With Ducati hosting the Panigale’s international press launch in Abu Dhabi at the Yas Marina Circuit (click here to let Ducati know that you wish A&R had been invited to this launch), the initial reports from the assembled press is that all the concerns about Ducati, its frameless chassis design, and its future can be laid to rest.

With a hybrid chain/gear-driven camshaft, titanium valves, a wet slipper clutch, a ride-by-wire throttle, rider-selectable “riding mode” system, and 15,000 mile major service intervals, the Superquadro v-twin motor alone is a major step for Ducati with its Superbike engine design. And, if you add in the first full-LED headlight on a produciton motorcycle, the first electronically-adjustable suspension on a sport bike, the first motorcycle engine braking control system, as well as the first GPS-assisted data acquisition system for a production motorcycle, the total package of the 1199 redefines the word “superbike” and takes the next logical technological step forward in this market segment…and we’ve got over 160 images of the Ducati 1199 Panigale waiting for you after the jump.

If you want a quick synopsis of how the European motorcycle brands performed in 2011, they killed it. BMW, Ducati, Triumph, and now KTM have all reported double-digit sales growth figures for 2011, a stark contrast to the still struggling sales of Harley-Davidson, Honda, Kawasaki, Suzuki, and Yamaha.  Reporting a 22.4% sales increase last year, KTM made a cool €20.7 million in the process of selling its 81,200 units in 2011 (KTM sold 66,327 units in 2010).

Leading the Austrian company’s growth was the KTM 125 Duke, which has been a huge hit in India, its country of origin, but has also helped grow KTM’s market share in Europe. KTM is also reporting that its latest EXC models have helped spur sales, but we suspect it is the new small-displacement Duke, which was made with developing markets in mind, that is really responsible for the surge in sales growth. KTM says that it expects sales in Europe and North America to remain flat, while the company expects to see growth in emerging markets continue (no surprise there).