Mercedes-AMG to Take a Minority Interest in MV Agusta?

News of Mercedes-AMG eyeing an acquisition of MV Agusta have been circulating for some time now, likely as the deal has continued to evolve between the two parties. Now, Italy’s reliable Motociclismo is reporting that AMG has agreed to purchase a minority position, likely around 20% of the company, the announcement of which will be made at the EICMA show in Milan, Italy. The deal shouldn’t see too much involvement from Mercedes-AMG in the affairs of MV Agusta, however the stock purchase will certainly put some much need capital in the Italian motorcycle company’s coffers.

2015 Honda VFR800X Crossrunner – More Than an Update

For the 2015 model year, the Honda VFR800X Crossrunner is getting a massive update from Big Red. As such, the 800cc V4 engine on the Crossrunner sees more horsepower (104.6 peak) and more mid-range torque added, new design aesthetics, longer suspension (+25mm) , and new wheels and brakes also get updates for 2015. Other highlights for the 2015 Honda VFR800X Crossrunner include Honda’s Selectable Torque Control system (HTSC), ABS brakes, full LED lighting, self-cancelling indicators, and heated grips, which Honda hopes will help ADV buyers consider the Japanese brand. With these changes, the 2015 Honda Crossrunner pushes further into the adventure side of the touring equation, making the Crossrunner an attractive sport/ADV model from Honda.

Matchless Model X Reloaded – Blending Old with New

Two years ago we spoke of the rebirth of the Matchless motorcycle brand, and today we see the first fruits of that company’s labor. Debuting three renderings that depict a future model, we get to see our first glimpse of the Matchless Model X Reloaded – a motorcycle that blends both the modern technology of today with the iconic lines of the British marque’s past. Borrowing its name from the Matchless Model X, the Model X Reloaded keeps some of the 1920′s motorcycle’s aesthetic, helping connect the brand of the past to the company of the future. Other details are thin, though we do know that the Matchless Model X Reloaded will have an S&S X-Wedge v-twin motor with 1,916cc of displacement.

Honda Is Recalling 126,000 Goldwings

American Honda has filed a recall with NHTSA, which sees the recall of 126,000 Honda Goldwing motorcycles. The recall comes about because the rear brake of the Honda Goldwing may drag after the brakes have been released. With 533+ bikes already experiencing the problem, Honda’s recall affects GL1800 bikes built between 2001 and 2010, and also affects GL1800A bikes built between 2001 and 2005. Since dragging the rear brake could cause a crash, and because the added heat generation could cause a fire (four instances have already occurred), Honda has recalled the Goldwing, though has not determined a remedy at this time for the situation.

TrakTape – Track Riders, You’ll Want to See This

Straight from the department of “now why didn’t I think of that” we bring you the miracle of TrakTape. Pre-cut model-specific adhesive covers for your headlight, tail light, and signals, TrakTape makes getting your bike onto the track a snap, and looks aces in the process. For now, TrakTape seems to only have a few Ducati models in its arsenal, though it seems logical to see other makes and model hitting their store in the future. At $20/sheet, you might balk at the price, though consider that a roll of good gaffer tape runs close to $30 — so, the four pack at $70 might make more sense for the budget racers. The only thing we’d like to see from TrakTape would be sheets for just headlights, just tail lights, just signals, etc. I can remember taping my bike’s headlight and tail light all the time, but usually removed the signals.

Yamaha MT-09 Triple Cross Over Concept by Oberdan Bezzi

We’re really digging the FZ-07/FZ-09 based concepts from Oberdan Bezzi, if you haven’t noticed. It is probably because the FZ-09 is such an affordable, yet potent package, from Yamaha that it begs to be built-up and modded upon. We’ve already seen street tracker and world crosser concepts from Bezzi, and this “Triple Cross Over” design builds upon the same themes as before. We already know that Yamaha has gotten the hint, and is expected to show a TDM-style version of the FZ-09/MT-09 at this year’s trade shows, but here is another design to whet our appetites and pique our imaginations. The Triple Cross Over fills the gap left by the upcoming TDM model, and is more of a scrambler than an ADV bike.

Mission Motorcycles Becomes Mission Electric, Boats & Cars to Come, Mission R/RS Motos Delayed Until Q2/Q3 2015

Interesting things are afoot in the electric realm. Mission Motorcycles is about to expand beyond the two-wheels, as the company becomes officially called Mission Electric. The change comes about as Mission plans to expand into the automotive and marine segments, though the San Francisco company isn’t saying yet who it is partnering with in those spaces. Mission says it will continue to offer consumer-side products, like its current crop of electric motorcycles, the Mission R and Mission RS. However, its business model will expand to offer business-side electric drivetrain components, which was previously the realm of Mission Motors.

Is US Superbike Racing on the Verge of a Revival?

Motorcycle road racing in the US looks set for a revival after its years in the wilderness. Today, the AMA announced that the rights to road racing in the US have been reacquired from the Daytona Motorsports Group, and handed to a consortium led by Wayne Rainey and Chuck Aksland. The KRAVE Group will run a new series of races in North America from 2015, under the joint auspices of the AMA and the FIM. It has been a long and difficult few years for motorcycle road racing in the US. Since the DMG bought the rights to the AMA Superbike series, at the start of the 2008 season, the series has been in a steady decline.

2015 Husqvarna FS 450 – Husky Returns to Supermoto

Announcing the 2015 Husqvarna FS 450, the Swedish brand is making a return to the supermoto segment, thanks to its new Austrian owners. Based on the Husqvarna FC 450 motocross bike, the new supermoto model is of course a reworked KTM in disguise, though we doubt anyone will be too bothered by that fact. The Husqvarna FS 450 features a chromium molybdenum frame, three-piece injection-molded subframe, and cast aluminium swing arm for the chassis. Umpf comes from the 450cc SOHC thumper, which makes a cool 60hp and has a five-speed gearbox mated to it. An electric starter and Adler slipper clutch complete the engine package.

2015 Aprilia Tuono V4 R APRC ABS Gets More Power

It’s hard to fault the current Aprilia Tuono V4 R APRC ABS, except perhaps the sport bike’s alphabet soup name, which the Italian company seems to grow longer with each passing year and added feature. That being said, the Tuono V4 R is easily our pick for the best streetfighter on the market — it packs a punch with its V4 engine, has the industry’s best electronics package, and is just downright fun to ride. Noale, Italy isn’t resting on those laurels though, so accordingly the 2015 Aprilia Tuono V4 R APRC ABS is getting some minor updates: namely a bump in peak power (170hp) and torque (83.3 ft•lbs), thanks to a new exhaust system.

Daimler to Invest in MV Agusta as IPO Rumors Circulate?

07/11/2014 @ 4:12 am, by Jensen Beeler6 COMMENTS

Daimler to Invest in MV Agusta as IPO Rumors Circulate? 2014 MV Agusta Turismo Veloce 800 635x498

Fresh off the European newswires, reports out of Italy are tipping motorcycle manufacturer MV Agusta as looking to offer up to 30% of the company on the stock market. If true, the move would make good on MV Agusta’s hope of going public by 2016 — noticeably quite ahead of schedule.

Additionally, reports out of Germany are also indicating that Daimler AG (owner of Mercedes-Benz), is looking for a minority stake in MV Agusta, and approached the Italian company these past few weeks about that possibility — a move not to dissimilar to the one that saw Audi AG acquire Ducati Motor Holding.

Brammo Gets Investment from TEAM Industries – Forms Strategic Partnership for Design and Production

07/08/2014 @ 4:59 pm, by Jensen Beeler1 COMMENT

Brammo Gets Investment from TEAM Industries   Forms Strategic Partnership for Design and Production brammo empulse r 635x423

The folks in Talent, Oregon have some exciting news today, as electric motorcycle manufacturer Brammo has announced a strategic partnership with TEAM Industries, a leading drivetrain technology firm. The partnership with TEAM brings a variety of advantages to Brammo’s production and design process, and it also sees TEAM becoming an investor in the electric vehicle startup.

TEAM’s ability to develop and produce, locally in the United States, will help Brammo not only develop its future products more effectively, but also help lower the cost of its current offering. Talking to Brammo CEO Craig Bramscher, he called TEAM Industries “American manufacturing at its finest,” and highlighted TEAM’s commitment to creating jobs throughout Minnesota, and its ability to work on a wide variety of manufacturing stages

Aside from the capital infusion, which is the lifeblood of any startup company, Brammo seems to be getting a wide array of benefits by working with TEAM.

In the Future, You’ll Wear Leathers That Are Grown in a Vat

06/27/2014 @ 8:35 pm, by Jensen Beeler8 COMMENTS

In the Future, Youll Wear Leathers That Are Grown in a Vat tasty cow 635x425

A lot of things will change in the future. Cars will drive themselves. Motorcyclists won’t wear helmets (as we know them), and your leather jacket will be grown in a vat…at least, that’s what a new company named Modern Meadow hopes. Having just received $10 million in Series A funding, the New York-based company hopes to change the way we interact with our beloved bovines.

Getting its roots from the bio-technology sector’s research into “bioprinting” organs in a petri dish, Modern Meadow is looking for consumer-level applications to this still young technology, which right now focus on creating grown-in-the-laboratory beef and leather.

Obviously the FDA has a few things to say about creating food products from bioprinting, so Modern Meadow’s first foray will be into creating real leather with stem cells.

GoPro Looking to Raise $100 Million with IPO

05/22/2014 @ 2:21 pm, by Jensen Beeler10 COMMENTS

GoPro Looking to Raise $100 Million with IPO gopro hero3 635x423

Small affordable video cameras are changing the way motorcycle enthusiasts record their two-wheeling adventures, and one name has dominated the market: GoPro. The San Francisco Bay Area company is looking now to continue that growth; and to help achieve that goal, GoPro is searching for $100 million in capital.

According to documents filed on Monday with the Securities and Exchange Commission (SEC), GoPro will look for that money with an initial public offering (IPO).

Planning to be listed at GPRO on the NASDAQ exchange, GoPro disclosed $985 million in revenue last year, up 87% from 2012; while net income topped $61 million, nearly double the $32 million GoPro earned in 2012.

KTM Posts 26.8% Sales Increase for Q1 2014

04/17/2014 @ 3:56 pm, by Jensen Beeler6 COMMENTS

KTM Posts 26.8% Sales Increase for Q1 2014 2014 KTM 450 Rally production racer 04 635x423

KTM continues to have successful quarterly sales reports, as the Austrian company has announced that its Q1 2014 sales are up 26.8% over last year’s figures. Moving a total of 32,994 KTM-branded vehicles worldwide, the Austrian brand was assisted in that figure by Bajaj, which sold 2,748 KTM 200 Duke & KTM 390 Duke motorcycles in India.

For that bump in sales, KTM reports that quarterly revenue was up 20% over Q1 2013, for a total of €196.9 million. Earnings before interest and tax (EBIT) came to a total of €14.6 million, up a whopping 254% over last year.

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.

Red Bull To Leave F1 & Buy MotoGP – Dorna Ousted as Bridgepoint Cashes Out

04/01/2014 @ 8:16 am, by David Emmett22 COMMENTS

Red Bull To Leave F1 & Buy MotoGP   Dorna Ousted as Bridgepoint Cashes Out red bull logo 635x425

Red Bull are poised to make two dramatic announcements over the next two weekends, we can exclusively reveal. At next weekend’s Bahrain F1 race, the Austrian energy drink firm will announce its withdrawal from the premier four-wheeled racing series at the end of 2014.

A week later, at the Austin MotoGP round for which it is the title sponsor, Red Bull is to announce that it is to purchase Bridgepoint Capital’s remaining stake in MotoGP, and take over the running of the series.

Sources in the private finance industry with knowledge of the situation say that Bridgepoint has been looking to rid itself of its motorcycle racing business for some time. The private equity firm had acquired 71% of Dorna in 2006, at the peak of MotoGP’s popularity, reputedly for £400 million.

Since then, they have seen the value of their investment drop, and have been looking to get their money back from the deal ever since. The sale of a 39% stake in Dorna to the Canadian Pension Plan Investment board was the first step in recouping their investment.

That deal was rumored to be worth €400 million, or just over 70% of their initial outlay. Sources with knowledge of the situation say that Red Bull is to acquire the remaining 32% of Dorna for around €300 million , but with full control over the series.

Dainese Confirms Rumors of Investor Talks

03/10/2014 @ 3:43 am, by Jensen BeelerComments Off

Dainese Confirms Rumors of Investor Talks dainese rossi logo 635x423

Speaking to the VeneziePost (subscription required in order to read the article), Dainese Founder Lino Dainese has confirmed the news we broke last month about the Italian apparel manufacturer being in talks for investment, or possible acquisition.

According to the report, Dainese says the company came close to inking a deal with an unnamed private equity group, but terminated the talks because the parties could not come to terms with their agreement.

Polaris Buys Back Company Stock from Fuji Heavy Industries

11/13/2013 @ 10:06 am, by Jensen Beeler7 COMMENTS

Polaris Buys Back Company Stock from Fuji Heavy Industries polaris industries logo 635x423

Polaris Industries has announced that it has bought back 3.96 million shares of the company’s stock from Fuji Heavy Industries, for the tidy sum of $497.5 million — roughly 6% of Polaris’ total market capitalization.

Paying for the stock purchase with roughly $247 million in cash, and $250 in credit, the move is a response to Polaris’ continued push to develop its own engines in-house.

For some background, Fuji Heavy Industries was the sole-engine supplier to Polaris from 1968 until 1995, at which time Polaris began developing its own power plants.

Despite that shift nearly 20 years ago, Fugi has had an integral part of Polaris’ business up until this point, and in 2013 one in four engines in the Polaris model lineup was built by Fuji Heavy Industries.

For 2014 onward though, the use of Fuji engines is expected to drop as Polaris produces more of its own units.

Brammo Eyes IPO for 2014/2015?

11/11/2013 @ 8:58 am, by Jensen Beeler7 COMMENTS

Brammo Eyes IPO for 2014/2015? brammo ipo feed me 635x439

It has long been rumored that Brammo, Inc. CEO Craig Bramscher envisions his company heading to Wall Street for an initial public offering one day, but now we are getting our first public words from Bramscher about how he hopes that his Oregonian company can go public in the next year or so.

Quoting remarks made at the Portland Business Journal Power Breakfast, the Sustainable Business Oregon is reporting that Bramscher is targeting late-2014 to mid-2015 for an IPO, with the figure of a $150 million being banded about as a fundraising goal from the public stock offering.