Indianapolis GP Named Best Grand Prix by MotoGP

At the conclusion of each GP season, an awards ceremony is held to celebrate the year’s champions, crowning the top riders in each category, the top manufacturers, and even the top venue for the season. This year, the honors of the latter went to familiar locale, as the Red Bull Indianapolis GP round was named the “Best Grand Prix” of the 2014 season, making it the first North American round to receive such an honor. Selection criteria for the award included consideration of the venue, promotion, and overall facility operations. For the 2014 race, Indianapolis Motor Speedway once again repaved its infield section, making alterations to several turns in order to facilitate passing and adding to the track’s overall consistency.

Up-Close with the 2015 Ducati Multistrada 1200

If there’s a motorcycle that launched at EICMA that I wish we had given more coverage to, it would be the 2015 Ducati Multistrada 1200. The new adventure-sport machine from Ducati is all-new for the next model year, though it would be hard to tell it from the photos. Even our modest collection of “up-close” photos here don’t do justice to the venerable Multistrada. The face of the Multistrada 1200 has been reworked, with the “beak” softened a bit from its falcon-like profile. The intake inlets are larger in appearance, and the headlight housing is noticeably different with its six LED projectors for the Ducati Corner Lights system (on the “S” model). This perhaps makes for an interesting “face” on the motorcycle, and like its predecessor, you will either love it or hate it.

Marco Melandri Returns to MotoGP, with Aprilia

After finishing fifth in the 2014 World Superbike Championship with Aprilia, Marco Melandri will continue with the Italian manufacturer, but switch to the MotoGP paddock for next season. Melandri will join Alvaro Bautista in the Aprilia Racing garage, where they will compete on an updated version of the ART machine, which was originally built to compete under the CRT bike rules. The team, now operated by Gresini Racing, will come up to speed during the 2015 season, and in 2016 they will race with a brand new race bike, which will use the compulsory “open” spec-electronics from Magneti Marelli. For Melandri, the move to MotoGP is a bit of gamble, with Aprilia’s program uncertain.

Up-Close with the Honda RC213V-S Prototype

I can’t decide whether to be elated or disappointed over the Honda RC213V-S prototype, which was debuted this week at the EICMA show in Milan, Italy. On the one hand, the RC213V-S lived up to the hype…literally a MotoGP race bike with lights, mirrors, turn signals, and a license plate. On the other hand, for all the waiting and consternation from Honda, what they brought to Milan was a fairly derivative and obvious design. Rumors of a true MotoGP-derived sport bike from Honda have been circling for several years now (closer to a decade, if you’re a reader of MCN), and the project borrows the ethos found in the Ducati Desmosedici RR project, another exclusive GP-bike-for-the-street motorcycle.

The Ducati Streetfighter 848 Is Spared the Axe for 2015

The Ducati Streetfighter lives for another year, as Ducat is showing off the Ducati Streetfighter 848 as a 2015 model year machine at the EICMA show in Milan. There had been doubts about the Streetfighter 848 continuing to be a part of the Ducati lineup going forth, especially as the Italian company has moved away from the 849cc v-twin platform, favoring the 821cc engine variations for the Hypermotard the Monster lines, and the 899cc Superquadro for the Panigale. The Streetfighter was never a big hit in the world market, becoming more of a cult classic machine amongst riders. Combined sales with the Hypermotard account for roughly 20% of Ducati’s annual sales, with the Hypermotard doing the majority of the heavy-lifting in that regard.

Moto Guzzi MGX-21 Prototype

Cruisers really aren’t our cup of tea here at Asphalt & Rubber, which might explain the lack of coverage for America’s gift to the two-wheeled world on our website. That being said, it’s hard to pass on the lurid Moto Guzzi MGX-21 prototype that is on display at this year’s EICMA show. A reworked Moto Guzzi California 1400, the MGX-21 is clad in carbon fiber, matte black paint, and red highlights. The carbon fiber disc wheels are a nice touch too (that’s a 21″ wheel up front, by the way), as are the sweeping lines from the front cowl and fenders. We’re finding ourselves a bit smitten with this Moto Guzzi, as true to the brand, it strays from the cruiser norm. We think you’ll like it too, check out the photos after the jump.

Up-Close with the Honda “True Adventure” Prototype

One of the more anticipated motorcycles at the 2014 EICMA show, off-roaders were expecting to see the new Honda Africa Twin in Milan this week. Instead, Honda trotted out what they’re calling the “True Adventure” prototype. Despite not being a production model, the True Adventure prototype looks ready for prime time, and we got a series of “up-close” photos of the machine. Most obvious is the bike’s parallel twin engine, which is rumored to be 1,000cc in displacement. That sizing/weight class seems to jive with the dual front brake discs, which also sports an ABS tone ring. We can expect Honda to have traction control operating off the front and rear wheel speeds as well, and other electronic packages as well.

Money: Motorcycle Racing’s Biggest Problem

What is the biggest problem in motorcycle racing today? Is it the predominant role electronics are playing, ruining the racing? Is it the ever more restrictive rules imposed, killing bike development and the spirit of Grand Prix racing? Is it the lack of competitive machinery, making it impossible for anyone but a factory rider to win a race? Or is it the dominance of the two top manufacturers, driving costs up and discouraging wider manufacturer participation? You can point to all of those and more as being an issue, but they pale in comparison to the real problem the sport of motorcycle racing faces at the moment: Money. Specifically, the lack of it, and the inability of almost everyone involved in the sport to find ways of raising any. All of the ills of both MotoGP and World Superbikes can be traced back to this single failure.

Investcorp Buys 80% of Dainese for €130 Million

A story we have been chasing for some time now, Lino Dainese has finally found a buyer for his namesake company, Dainese. The purchaser is the aptly named private equity firm Investcorp, which is headquartered in Bahrain, and has additional offices in New York, London, Riyadh, and Abu Dhabi. Buying 80% of the company’s stock for a reported €130 million, Investcorp’s valuation of Dainese would therefore be set at €162.5 million. The other 20% of the company is retained by Lino Dainese, himself. Dainese’s future goals rest heavily on its airbag technology, as Dainese plans on bringing D-Air to markets outside of motorsport and sport in general. The company also has an aggressive plan to grow outside of Italy, making a bigger push into North America and developing markets.

Husqvarna 401 Svartpilen Concept

The second of Husqvarna’s street concepts, the Husqvarna 401 Svartpilen is a scrambler styled machine that uses the same 373cc single-cylinder engine as the Vitpilen concept. Swedish for “Black Arrow”, the Svartpilen continues the idea that less is more, and applies the concept to a more off-road motif. Not all the dissimilar to the Moab and Baja concepts the Husqvarna showed before its acquisition by KTM, clearly the Swedish brand is keen to tap into its lost history of Steve McQueen and the scrambler motif. Perhaps Ducati’s foray into this space is added motivation, but the Husqvarna 401 Svartpilen concept is a bike unique to itself. That might be because the concept machine is based off the KTM 390 Duke, which is an unlikely though budget-friendly donor machine.

German Motorcycle Brand Horex Files for Bankruptcy

09/03/2014 @ 1:15 am, by Jensen Beeler8 COMMENTS

German Motorcycle Brand Horex Files for Bankruptcy horex logo 635x423

The restart of the German Horex brand hasn’t been an easy one, as we watched the company’s impressive plans for a supercharged VR6 roadster slowly become watered down into a handsome, although entirely uninteresting naked bike, which included the addition of the derivative “Classic” and “Cafe Racer” models as well.

It’s not that the Horex VR6 wasn’t received well, it’s just no one wanted to purchase the bike at its $30,000+ price tag, especially after the numerous production delays. As such, we sadly report that Horex has become insolvent, and filed for bankruptcy, according to reports out of Europe.

Vectrix Files for Chapter 7 Bankruptcy in the USA

04/09/2014 @ 11:22 am, by Jensen Beeler3 COMMENTS

Vectrix Files for Chapter 7 Bankruptcy in the USA vectrix logo 635x425

Bad news in the EV world, as Vectrix Motorcycles has filed for bankruptcy…again. Unlike its previous bankruptcy though, this time around Vectrix is filing under Chapter 7 of the US Code, meaning that the company will not be restructuring and keeping its business, but instead liquidating all of its assets and ceasing operation.

We had been hearing rumors as far back as October of last year that all was not well at the prominent electric vehicle company, and finally in December 2013 things came to a head, with Vectrix closing its doors on its US operations.

Toru Muraki Named President of Suzuki Motor of America

05/30/2013 @ 2:19 pm, by Jensen BeelerComments Off

Toru Muraki Named President of Suzuki Motor of America Suzuki Motor of America 635x407

After finishing its bankruptcy and removing the albatross that was its former car business from around its neck, Suzuki Motor of America is ready to get down to business and start selling some motorcycles, ATV’s, and marine equipment.

Helping to bring that new transition to Suzuki, Toru Muraki will leave his post as Executive Vice President, and become Suzuki Motor of America’s new President (similarly, Takuya Sato has been named Executive Vice President, in charge of overseeing the company’s marine operations).

ASMC Dissolved — Long Live Suzuki Motor of America

04/02/2013 @ 12:59 pm, by Jensen Beeler1 COMMENT

ASMC Dissolved    Long Live Suzuki Motor of America Suzuki GSX R1000 Anniversary 635x407

Following its decision to leave the car-selling business and finishing its bankruptcy metamorphosis, American Suzuki Motor Corporation is now a defunct company, with Suzuki Motor of America officially taking over as Suzuki Motor Corporations’s wholly owned sole-distributor of Suzuki motorcycles, ATVs, marine engines, and automotive parts in the continental United States.

Court Approves American Suzuki’s Chapter 11 Plan

03/04/2013 @ 2:06 pm, by Jensen Beeler14 COMMENTS

Court Approves American Suzuki’s Chapter 11 Plan 2008 Suzuki GSX R600 stripped 635x476

From the desk of the Honorable Scott C. Clarkson of the U.S. Bankruptcy Court for the Central District of California in Santa Ana, American Suzuki Motor Corporation’s plan for Chapter 11 bankruptcy has been approved. Overwhelmingly supported by the company’s creditors, American Suzuki can begin restructuring its business operations in the United States, which will include shutting down the company’s automotive endeavors.

In turn, American Suzuki’s new business focuses on the company’s motorcycle, ATV, marine, automotive parts divisions, and will consist of a new wholy-owned subsidiary of Suzuki Motor Corporation. This new company will operate under in the United States under the new name: Suzuki Motor of America.

Say Goodbye to Orange County Choppers Merchandising

02/06/2013 @ 3:18 pm, by Jensen Beeler14 COMMENTS

Say Goodbye to Orange County Choppers Merchandising  american chopper orange county choppers 635x389

Fresh off the moto-press newswires, we get word that Hudson Valley Merchandising LLC, the merchandising arm of Orange County Choppers, has sought protection in bankruptcy court under Chapter 7 of the US Bankruptcy Code.

Listed as having $1.12 million in assets and $1.44 million in debts, Hudson Valley Merchandising LLC will be given a trustee by the court, who will then likely dismantle the company and its assets in order to make the company’s creditors as whole as possible.

American Suzuki Files for Bankruptcy

11/05/2012 @ 9:44 pm, by Jensen Beeler19 COMMENTS

American Suzuki Files for Bankruptcy Suzuki Logo 635x423

Certainly wanting to bury the news in the after-work hours, American Suzuki Motor Corporation has just announced that it is filing for Chapter 11 protections, as the American subsidiary of Suzuki Motor Corporation heads into bankruptcy and business restructuring.

Pivoting its business to focus on marine and motorcycle/ATV sales, Suzuki will wind-down and ultimately stop selling cars in the US market. In its press release, Suzuki says will honor all current warranties, and parts and servicing will continue to be available to Suzuki automobile owners.

Today’s news should have little to no immediate affect for Suzuki motorcycle owners in the USA, as the Chapter 11 proceedings are focused more around Suzuki dumping its failed automotive business here in North America, than anything else.

While it remains to be seen how the Japanese company will restructure its American office, the move in fact could be a boon to motorcyclists, as it could mean some life could be pumped back into ASMC. The American Suzuki office has suffered recently from under-staffing and disorganization, and the company could benefit from a proper reorganization.

Time will tell how effective Suzuki’s restructuring will go, and we certainly haven’t heard the full extent of this news item yet. As the ball of yarn untangles, check out the full press release is after the jump. Suzuki’s letter to motorcycle owners is here, car owners here, and there is also an FAQ.

Moto Morini Finally Sold at Auction – €1.96 Million

07/19/2011 @ 1:03 pm, by Jensen Beeler4 COMMENTS

Moto Morini Finally Sold at Auction   €1.96 Million Moto Morini sold 635x508

Finally finding a purchaser at its second auction, Moto Morini has seemingly been given a new lease on life after finding a pair of investors willing to back the Italian brand. Buying the company’s assets, but not the property where it resides, entrepreneurs Sandro Capotosti and Ruggeromassimo Jannuzzelli paid €1.96 million for the Moto Morini name, IP, and other proprietary assets.

With both investors saying they have an emotional tie to Moto Morini motorcycles, they also both come with some serious business acumen. For instance, Capotosti is the former chairman of the Banca Profilo and Jannuzzelli was the former VP and Group CEO of Camuzzi, an Italian energy group.

How Many Bids Were Made on Moto Morini Today?

04/13/2011 @ 5:54 pm, by Jensen Beeler7 COMMENTS

How Many Bids Were Made on Moto Morini Today? moto morini 635x448

Zero. Nada. None. That’s the number of offers made on Moto Morni and its facilities during today’s bankruptcy auction proceedings. The beleaguered Italian motorcycle manufacturer has had a rough time of things, since its closure hit the newswires back in December 2009. Several suitors have come to the company’s door, trying to woo it into acquisition. First it was Paolo Berlusconi, who came close to finalizing a purchase of Moto Morini, before the unionized labor put the kibosh on the transaction, and Berlusconi walked from the business deal.

Perhaps unsurprisingly was the failure of any offer from Thomas Bleiner to materialize, despite the Austrain businessman’s great lengths to publicize his intentions of purchasing Moto Morini. Bleiner’s plan involved supplementing the motorcycle company’s income with a bank of solar panels, made by Bleiner’s other venture, that would be affixed to the Bologna factory’s rooftop. As was thought at the time, this announcement appears to be just a move to drum up some publicity for the photovoltic enterprise, and not a serious interest in Moto Morini.

New Jersey Motorsports Park Files for Bankruptcy

03/08/2011 @ 3:49 pm, by Jensen Beeler12 COMMENTS

New Jersey Motorsports Park Files for Bankruptcy new jersey motorsports park track 635x374

There aren’t a lot of arguments for keeping New Jersey as a state in our more perfect union, and perhaps the only compelling reason for some citizens is to keep the Garden State around so New Yorkers will have somewhere to dump their trash and third-tier reality shows. However one of the shining beacons of hope if you’ve gotten lost on the Pennsylvania Turnpike (and I mean horribly, horribly, horribly lost) is the New Jersey Motorsports Park (NJMP).

The Millville tracks are relatively new-comers to the area, and have provided entertainment to two & four-wheeled enthusiasts alike since their construction. While NJMP has been “under construction” in some form or another for as long as we can remember, the project has seemingly finally hit the end of its troubled waters, recently filing for Chapter 11 bankruptcy protection.