Hero Acquires Unfinished R&D from Erik Buell Racing

Hero MotoCorp Ltd (HMCL) has filed paperwork with the Bombay Stock Exchange stating that its wholly-owned subsidiary, HMCL Americas, has entered into a settlement agreement with Erik Buell Racing, which sees the American arm of the Indian brand acquire “certain consulting project” from EBR for $2.8 million. The filing with the Bombay Stock Exchange reads: “”As part of the settlement agreement, HMCL Americas Inc has agreed to acquire the ownership of certain tangible and intangible assets of EBR Entities, free and clear of all encumbrances, for a consideration of USD 2.8 million.” The move is not surprising, since the projects and research in question are unfinished consulting work Erik Buell Racing was doing for Hero MotoCorp as a client.

These Are Not the Eagerly Awaited Suzuki GSX-R250 & All-New GSX-R1000…But They Should Be

These images are very likely not of the hopefully-soon-to-be-released Suzuki GSX-R250 & GSX-R1000 sport bikes, as their purveyor, Japanese magazine Young Machine, has a fairly horrible track record with these sort of things…but that doesn’t mean that we should ignore them. After all, here we see two very attractive offerings, which we hope the folks at Hamamatsu will take a long look at, as the Suzuki GSX-R1000 rendered here would be an attractive update to a name that was once the superbike to beat.

2015 Suzuka 8-Hour Endurance Race Results

In Japan, the Suzuka 8-Hour is a huge deal, but for the rest of the world, it ranks on par with the rest of the FIM Endurance World Championship. That’s kind of a shame, really, as the Endurance World Championship is the only motorcycle championship where we still see different tire manufacturers competing against each other, the bikes are beautifully technical in their own special way, and in the case of Suzuka, there are often heavy-hitters at play. This year was no different, with Yamaha fielding its “Yamaha Factory Racing Team” with two MotoGP stars, Pol Espargaro and Bradley Smith, along with factory test rider and MotoGP podium-finisher Katsuaki Nakasuga.

Recall: KTM 1290 Super Duke R

Attention 2014 KTM 1290 Super Duke R owner, KTM North America is recalling 640 units of “The Beast” for a fuel leak that may occur from the threaded inserts at the rear of the gas tank. Obviously, a fuel tank poses a safety hazard to the rider, not only for its propensity to combust, but its ability to degrade traction to the rear tire. As such, KTM will notify affected owners, and KTM dealers will seal the threaded inserts to prevent future fuel leaks. If the motorcycle shows evidence of an existing fuel leak at the threaded insert, the gas tank will be replaced. Of course, these repairs will be performed free of charge. The recall on the KTM 1290 Super Duke R is expected to begin in August 2015.

Erik Buell Racing Acquired by the Flying Spaghetti Monster

Social media and some assorted motorcycle news websites (first here, and now here) are feverishly reporting that Erik Buell Racing has been out-right acquired by Hero MotoCorp, during the company’s receivership auction, thus confirming the wet-dream conspiracy theories of Buellistas around the world. The report was first started by the stalwart news source Motorcycle.in.th, and was then elevated quickly into the realm of semi-truthfulness by a bevy of other news outlets. With the journalistic bar now set so low, Asphalt & Rubber feels comfortable reporting that there is indeed a new owner for Erik Buell Racing, but it is not Hero MotoCorp, but instead the Flying Spaghetti Monster — deity to the Church of the Flying Spaghetti Monster.

Official Details & Photos of the 2016 Honda Africa Twin

Honda has officially dropped details and photos on its highly anticipated adventure-tourer, the 2016 Honda Africa Twin. A continuation of the legacy by the same name, the new Honda Africa Twin is an off-road focused machine that will go head-to-head with the big ADV bikes already on the market. Built around a 998cc parallel-twin engine, which makes 94hp and 72 lbs•ft of torque, the Africa Twin tips the scales at the curb at 503 lbs (standard model, first photos after the jump) / 534 lbs (DCT/ABS models, shown above). What we think ADV riders will come around to is Honda’s off-road built dual-clutch transmission, which will have the benefit of making shifts while out of the saddle much easier, and giving clutch-free operation, much like a Rekluse clutch.

Gear Review: Arai Corsair-X Helmet

When it comes to helmet brands, Arai Helmet is perhaps one of the best known in the business; and when it comes to the Japanese company’s flagship model, the track-focused Corsair reigns supreme. So, it’s a big deal when Arai decides to update its ready-to-race helmet offering, creating the Arai Corsair-X in the process. This week, we got to test the new Corsair-X in the flesh, spending a full-day riding at Thunderhill Raceway in Willows, California on Monday — melting away in the 104°F heat — as well as riding around my new hometown of Portland, Oregon. So let’s cut the fluff, breakdown what’s new with the Corsair-X, and talk about what our impressions are of this top-of-the-line helmet.

Honda Africa Twin Specs Leaked with Hi-Res Photo

Last night we brought you a leaked video of the new Honda Africa Twin, which revealed the off-road oriented adventure bike in all its glory. Today, we get to see the leaked specs of the Honda CRF1000L (the model designation of the Africa Twin), along with what looks like an official high-resolution photo. The spec-sheet for the Africa Twin has long been something of interest for ADV fans, with the obvious questions being 1) how much horsepower will it make? and 2) how much will it weight. The answers are 94hp, and 458 lbs dry (467 lbs with ABS, 489 lbs with DCT).

Finally, Here is the Honda Africa Twin in All Its Glory

Honda has been teasing a six-part video series about the Honda Africa Twin, and the final installment has just leaked onto the internet. As you would expect, the video finally gives us the full monty on what the Honda CRF1000L will look like, along with some great action footage. Perhaps even better, the final installment of Honda’s video series also features a very interesting discussion with HRC riders, Honda engineers, and stakeholders to the Africa Twin brand. The discussion is very insightful to the development of the 1,000cc adventure bike platform, including off-roading’s first dual-clutch transmission (DCT).

New Kawasaki Ninja ZX-10R Coming for 2016

Superbike fans should rejoice to the news that Kawasaki has an all-new ZX-10R in the works for the upcoming model year. The news comes from Germany’s reliable Speedweek publication, which interviewed Guim Roda, the Team Manager of Kawasaki’s World Superbike racing effort. Talking to Speedwekk, Roda said “we will have a new Kawasaki ZX-10R in 2016. The concept will be the same but, with some details and changes, it will be even more competitive. Given that the current rules are very restricted, the motorbikes have to be developed with an eye on the sport. We are heading on a path that Aprilia, Ducati and BMW have already taken for this year by bringing out new bikes.”

Momoto Sues Petronas for $83 Million over Petronas FP1

10/28/2013 @ 11:41 am, by Jensen Beeler14 COMMENTS

Troy-Corser-James-Haydon-Sepang-Petronas-FP1-WSBK

The story that surrounds Petronas and its ill-fated Petronas FP1 World Superbike project is one full of intrigue, and was seemingly put to bed long ago when the Malaysian oil giant folded its motorcycle business and racing plans in 2006.

The story was brought back to life though when a bunker full of Petronas FP1 street bikes was discovered in the UK. The bikes have their own intriguing story of how the Malays did, or did not, “bend” the homologation rules for WSBK, and how the machines then found their way to be forgotten in a bunker in Essex.

With that discovery, new life was spurred into the Petronas FP1, whose fire-breathing three-cylinder engine and powder blue paint scheme has tantalized the fancy of collectors worldwide for some time now.

This gave birth to the Momoto MM1 project, an outfit that bought the 129 derelict Petronas bikes, and rebranded them for sale just last year. That venture has hit a snag though, as taxes and duties for a vast majority of the machines were apparently not paid, which resulted in the Malaysian government seizing all 129 motorcycles, which in-turn has lead to a recent lawsuit for RM260 million ($83 million USD).

Wild Card.

10/21/2012 @ 10:28 pm, by Jensen Beeler29 COMMENTS

Momoto MM1 – Bringing the Petronas FP1 Dream Back

07/19/2012 @ 8:32 am, by Jensen Beeler28 COMMENTS

Remember the Petronas FP1? Sure you do. It was the fire-breathing three-cylinder rolling piece of sex-on-wheels whose teal livery rode to the podium twice in the 2004 World Superbike Championship.

Though the 900cc triple was campaigned by Carl Fogarty and ridden by Troy Corser with some early success, the move to 1,000cc for all motors in WSBK diminished the team’s chance of winning with its homologation special. Spearheaded by the Malaysian petroleum company Petronas, the project was ultimately abandoned in 2006.

Said to have built 150 units to meet homologation requirements (100 of which were available for purchase), the actuality of that number varies depending on whether or not you believe the rumors about shipping containers from England to Malaysia and double-counting.

With the project scrapped long ago, it seemed the Petronas FP1 dream was resting six-feet-under, until now. Rebranded under the name Momoto, the Momoto MM1 is the Petronas FP1 in new clothing. Said to be once again available for public consumption, our details and information on the bike are sadly very sparse. Though we do have a bevy of media waiting for you after the jump. Thanks for the tip Zaini!

Official: JX Nippon Oil Sponsors Yamaha in MotoGP

01/30/2012 @ 1:23 pm, by Jensen Beeler1 COMMENT

When Yamaha’s MotoGP team lost its sponsorship from Petronas, it seemed like the buzzards had begun circling around the Japanese company’s racing efforts. Thankfully for GP racing fans, our friends at MotoMatters got word that Petronas’ departure was making way for a new sponsor, JX Nippon Oil & Energy Corporation.

Now formally announcing that JX Nippon Oil will sponsor Yamaha Racing’s factory MotoGP squad, our pre-season attention can now shift to see if Jorge Lorenzo and Ben Spies will have some new livery on display when Yamaha makes its formal 2012 team unveiling…oh, and how fast the 2012 Yamaha YZR-M1 will be against the factory Ducati Desmosedici GP12 and Honda RC213V. Something mildly related to all this is after the jump.

Nippon Oil to Sponsor Yamaha’s MotoGP Team

01/04/2012 @ 3:57 pm, by Jensen Beeler12 COMMENTS

Last week we got news that Yamaha Racing and Petronas were concluding their three-year collaboration in MotoGP, as the Malaysian oil company’s contract with Yamaha came to an end, and was not to be renewed. Following Yamaha’s abysmal ability to keep or gain sponsorships for its racing efforts lately, the initial reaction to the news of Petronas’ departure was very grave in the MotoGP paddock. However, our friends at MotoMatters have confirmed that Yamaha will be replacing Petronas (not the Harry Potter spell, thanks irks) with Nippon Oil subsidiary brand ENEOS.

MotoGP: Yamaha Loses Petronas Sponsorship

12/30/2011 @ 10:47 am, by Jensen Beeler14 COMMENTS

Calling it the “natural conclusion” of their partnership, Yamaha’s MotoGP team and Malaysian oil giant Petronas have split ways after three years of racing sponsorship. Concluding a deal that is reportedly worth $8 million a year to the factory MotoGP team, Yamaha’s loss of Petronas will surely be felt in the team’s pocketbook, assuming of course that the Japanese manufacturer cannot replace the company with another on its sponsor roster.

After losing title sponsor Fiat for the 2011 season (due almost entirely to Yamaha’s inability to retain Valentino Rossi), Petronas and Yamaha Motor Kenkana Indonesia (Yamaha’s Indonesian arm) were left as the team’s main backers and official sponsors. Now with the loss of Petronas, many of the names on the side of the Yamaha YZR-M1 are those belonging to the tuning fork brand, leaving the financial burden for Yamaha’s MotoGP racing effort to come squarely out of one Yamaha coffer or another.

Surely to be taken as a sign of the decreased value of racing in MotoGP to race sponsors, this news has to be especially troubling for Yamaha, as it continues to lose its biggest sponsorship accounts, one after another. While it would appear that the Japanese manufacturer will have to foot another $8 million a year out its internal budget, the only silver lining to the situation could be the hope that the loss of Petronas is making way for a more lucrative sponsor. We wouldn’t hold our breath on that one though.

Yamaha Will Debut 2011 MotoGP Livery at Sepang Test

02/11/2011 @ 8:44 am, by Jensen Beeler7 COMMENTS

Yamaha Racing has just announced that it will debut its 2011 MotoGP team livery at the Sepang test on February 21st. Yamaha has been without a title sponsor since the departure of Valentino Rossi, as Italian car manufacturer Fiat dropped its support of the Japanese team when Rossi went to Ducati Corse for this upcoming season.

Despite having the reigning MotoGP World Champion Jorge Lorenzo, the 2010 MotoGP Rookie of the Year Ben Spies, and being the team to beat in 2011, Yamaha has reportedly struggled to find a title sponsor for the upcoming season, that is until now.

The Countdown to V-Day

07/29/2010 @ 3:10 pm, by Jensen Beeler11 COMMENTS

No it’s not Victory Day, nor Valentine’s Day, and not even the next showing of the Vagina Monologues, the countdown to V-Day in the motorcycle world is the day that Valentino Rossi announces his move to Ducati in MotoGP racing. Slated to occur at Brno during the Czech GP because of a gentlemen’s agreement, Valentino Rossi’s announcement will be the crack in the doors that opens the flood gates of other announcements. Like a line of domino’s strewn about the MotoGP paddock, Rossi’s plans for 2011 are the tipping stone that sets the rest of the paddock in motion…and we’re sure he’d have it no other way.

Petronas Sponsorship Worth $24 Million to Fiat Yamaha

04/20/2009 @ 12:04 am, by Jensen BeelerComments Off on Petronas Sponsorship Worth $24 Million to Fiat Yamaha

pensive-valentino-rossi

You may remember that Petronas inked a three year deal with Fiat Yamaha, sponsoring the Rossi/Lorenzo duo in MotoGP. While Petronas has worked with Yamaha for eight years in a variety of fields, this marks their first collaboration with them in MotoGP, and it is costing them a pretty penny: $24 million for three years, or $8 million a year. For this sum, Petronas branding will appear on the Fiat Yamaha team’s bikes, equipment, and uniforms. Looking closer at the deal we see how large of a deal this is when compared to other similar sponsorships in MotoGP, while also at the same time, how the actual sum paid might be much less than $24 million.

 

Petronas to Sponsor Fiat Yamaha

04/11/2009 @ 4:57 am, by Jensen Beeler1 COMMENT

monster-fiat-yamaha-petronas-sponsorhip

The Fiat Yamaha Team has signed a three-year agreement with Petronas, the Malaysian national oil and gas corporation, who will become a new official sponsor to the MotoGP team. Under the new partnership, the Fiat Yamaha Team will carry the Petronas logo on both Rossi’s and Lorenzo’s bike’s as well as the team equipment and material.