Yes, Winter Traction Tires Exist for Motorcycles

If you are in a region that gets all four of the seasons, you are likely counting down the days to the coming snow-thaw. As such, this article might be coming to you a little late for this season, but for next winter you should consider mounting some winter traction tires to your motorcycle. Yes, such things exist. To be fair, I too was unaware that you could get a motorcycle tire that met the criteria from the DOT, in order for it to carry the “mountain/snowflake” symbol, but apparently Turkish tire-maker Anlas has such tires in its line-up. That’s right, for regions of the world that require special tires during the snowy months, there is a tire out there to keep you riding all-season.

SWM Motorcycles Targets 6,000 Units in 2017

You probably haven’t heard of SWM Motorcycles, the off-road brand that carries on where Husqvarna left off in Italy. Built from the parts that KTM didn’t want when it bought the Swedish brand in 2013, SWM Motorcycles is based outside of Milan, Italy and produces a variety of off-road focused machines using pre-BMW Husqvarna engine designs. Many members of the company’s team are former Husqvarna employees, including the company’s CEO, Ampelio Macchi – all of whom were left out in the cold when the German brand sold Husqvarna to KTM. But, with a new production facility, support from the local government and worker unions, along with Chinese financing (from the Shineray Group), SWM Motorcycles has taken on a new life with a promising future.

How Dorna Is Ending the Spanish Armada in MotoGP

It is terribly fashionable in some circles to regard Dorna as a blight on the face of motorcycle racing. Their alleged crimes are both heinous and manifold. They have dumbed down the sport by exerting an ever tighter grip over the technical regulations. They killed off the two-strokes in favor of four-strokes. They have aggressively pursued copyright and trademark claims, at the cost of broadening the appeal of the sport. They have been relentless in their pursuit of financial gain over the spirit of the sport. They have meddled in the sport to favor one rider, or one nationality over the rest. Most of these complaints are either baseless, or an expression of anger at how the sport has changed over the years.

The 2017 Aprilia RS-GP MotoGP Race Bike Debuts

The final factory MotoGP to debut its 2017 MotoGP Championship race bike, Aprilia has finally debuted the 2017 Aprilia RS-GP that Aleix Espargaro and Sam Lowes will campaign this year. The Italian outfit continues to make quiet strides in its development with the RS-GP, though the efforts from Suzuki and KTM tend to dominate the headlines. For the 2017 season, Aprilia looks ready to take another step forward, especially with Aleix Espargaro at the helm. The biggest task for the 2017 will be to bring more horsepower to the Aprilia RS-GP. The machine reportedly handles quite well, though that is often an item of praise that changes as the power increases.

The Subtle Big Deal That Is Ducati Premier Financing

Ducati released a new financing program this week, maybe you saw the announcement already. If you even bothered to read one of the copy/paste jobs on this announcement, you probably got three sentences into it, and then realized you just lost a minute or two of your life, which you will never get back. It is hard to make this topic sexy, and motorcycle journalists are lazy creatures (myself included)…which is why you probably just saw the press release reprinted on a website, with some Ducati advertising placed next to it, just for good measure. The Ducati Premier Financing program is a big deal though, just not in a way that is immediately sexy to the casual motorcycle buyer.

Washington Lane-Splitting Bill Passes State Senate

Legalizing lane-splitting in Washington State just got a step closer to reality, as the State Senate of the Washington State Legislature has passed a bill that would allow lane-splitting under very specific circumstances. Senate Bill 5378 (SB 5378) would allow lane-splitting only during slow traffic conditions – up to 10mph faster than the flow of traffic, but no faster than 25 mph – and only on numbered highways that have a median and multiple lanes of traffic in each direction. The bill passed the senate with 32 “yea” votes from both Republicans and Democrats, while the 17 “nay” votes came solely from Democrat members.

Indian Working on an Electric Motorcycle?

Polaris Industries says it is working on a new electric motorcycle, to replace the now discontinued Victory Empulse TT model that was scrapped when the Minnesota company closed the doors to the Victory brand earlier this year. According to a report from Reuters, the new electric motorcycle will be released under the Indian Motorcycle brand name, and will be focused towards riders who ride for pleasure, rather than those who commute or do long-distance trips. The report says that Polaris is targeting a 120 to 140 mile range – almost double of what was available from the Empulse TT – from this new electric motorcycle model, when ridden at an aggressive pace.

Indian’s Flat Track Racer Now Available to Mere Mortals

When the Indian Scout FTR750 flat track race bike debuted, our comments section was filled with enthusiasts screaming for a production version of the water-cooled 750cc machine. Well my friends, your prayers have been answered…in part. Indian is making the Scout FTR750 available to anyone who has the coin to spend, with a couple caveats: 1) you will need to pony up $50,000 in order to purchas the bike, and 2) it will be a race-only model. Still, the news should be exciting for privateer flat track racers who are keen to use Indian’s very trick racing package, which looks to be far more purpose-built than Harley-Davidson’s Street 750 based offering.

Report Says Sport Bike Sales in USA Dropped 4.7%

The data continues to support the notion that sport bike sales are contracting, with Powersports Business releasing a report that sport bike sales dropped by 4.7% over a 12-month period that ended in October 2016. According to the dataset put together by Statistical Surveys Inc., 75,469 sport bikes were registered in the United States during last year’s time period, compared to the 79,225 motorcycles that were registered the previous year. While the general trend across the country is a drop in sport bike sales, the research also showed some interesting locations where sport bike sales actually increased dramatically, showing that there may be a location element to the demise of the sport bike.

A Honda RVF1000 V4 Superbike for 2019?

Since before I started Asphalt & Rubber, the scribe’s at MCN have been predicting a MotoGP-derived V4 superbike from Honda – I think the original rumor started with a V5 power plant, if that gives you an idea of how long this story has been making the circuit. The hands on the clock are finally starting to meet with reality though, and the British magazine now says that a more affordable version of the Honda RC213V-S could hit dealerships in time for the 2019 model year. This information echoes similar news that we saw before the launch of the updated Honda CBR1000RR – that Honda was working in parallel on a new Fireblade as well as a V4 superbike project. Though now, MCN now points to recent patents filed by Honda, as well as sourced information that the bike is a couple model years away.

From Russia with Love, MV Agusta Finds New Money

11/20/2016 @ 1:05 pm, by Jensen Beeler19 COMMENTS

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Last week, I was ready to start polishing the obituary for MV Agusta – the Italian company seemingly in an impossibly terminal state.

Italy’s Guardia di Finanza had found that the Italian company had been using the social security contributions of its workers to pay down the money owed to parts suppliers (something MV Agusta disputes is the case), and earlier this year MV Agusta CEO Giovanni Castiglioni was investigated for irregularities on his tax return.

All of this is on top of the ever precarious financial situation MV Agusta has been in for the past year, which has resulted in the company looking to restructure its €50 million debt in the Italian court system, furlough a good portion of its workforce, and reduce its production volume to roughly 9,000 units per year.

Now it seems MV Agusta’s fortunes are changing, with the Italian motorcycle maker signing an agreement with the Black Ocean investment group to recapitalize MV Agusta.

Details of the pending transaction haven’t been released, but we can assume that the increase in capital will help ease MV Agusta’s relationship with suppliers, get workers back on the assembly line, and continue the development of new models.

Don’t Call It a Merger: RevZilla & Cycle Gear Come Together

02/10/2016 @ 12:42 pm, by Jensen Beeler17 COMMENTS

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The speculation about RevZilla and Cycle Gear can stop now, as the brands are finally talking about their plans together for the future.

In a letter posted to RevZilla’s in-house publication, Common Tread, RevZilla CEO Anthony Bucci announces that RevZilla will be acquired by a new holding company, which will also own Cycle Gear.

The holding company’s board of directors will include Bucci, and his fellow RevZilla founders Nick Auger and Matthew Kull, as well as the private equity firm J.W. Childs, which bought Cycle Gear back in 2015.

While Bucci’s letter to RevZilla customers states that the two brands will only be “sister companies” that will operate independently of each other, his FAQ on the subject leaves the door open for collaborations between the two brands, which would be the obvious benefit of their new ownership structure.

Report: Cycle Gear to Acquire RevZilla?

02/08/2016 @ 10:12 am, by Jensen Beeler68 COMMENTS

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Respected newswire Reuters is reporting that Cycle Gear is close to finalizing the purchase of motorcycling e-commerce giant RevZilla. Citing a source “familiar with the matter” at hand, Reuters suggests that the deal could close in the next coming days, with the new venture worth between $400 million and $500 million.

If true, this acquisition would mark a titanic shift in the motorcycle retail space, with America’s largest brick and mortar chain combining with the industry’s most prominent online parts and apparel purveyor.

Investcorp Buys 80% of Dainese for €130 Million

11/04/2014 @ 5:50 pm, by Jensen Beeler5 COMMENTS

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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.

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

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

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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 on Dainese Confirms Rumors of Investor Talks

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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.

Rumor: Dainese up for Sale?

12/20/2013 @ 5:23 pm, by Jensen Beeler10 COMMENTS

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Motorcycle industry gossip is at a fever pitch this week with speculation that Italian motorcycle apparel manufacturer Dainese is up for sale. Adding credence to that rumors, Asphalt & Rubber has received a number of tips about the possible sale of the company, with a private investment group cited as a possible buyer.

When we approached with this information, Dainese simply said that rumors were simply that, rumors. However it is worth noting that at the helm of the company for the past few months has been interim-CEO Federico Minoli, the same man that lead Ducati Motor Holding to being acquired by Texas Pacific Group, and later took the Italian motorcycle manufacturer public on the New York Stock Exchange.

Bridgepoint Sells 39% of Dorna to Canadian Pension Group

10/26/2012 @ 3:59 pm, by David Emmett5 COMMENTS

Bridgepoint Capital, the private equity firm which owns Dorna and Infront Sports and Media, has sold a 39% stake in Dorna to a Canadian pension fund, Canadian media are reporting. According to a report from Reuters, Canada Pension Plan Investment Board reportedly paid €400 million for the 39% stake in Dorna, and will join Bridgepoint and Dorna’s management – in the figure of Carmelo Ezpeleta – in running the company.

The sum paid for the 39% stake gives Bridgepoint a healthy profit. The UK-based private equity firm purchased Dorna from CVC back in 2006, when CVC purchased the rights to Formula One and were forced by the European Competition Commission to sell the rights to the MotoGP series first. Bridgepoint is said to have paid some £400 million (about €550 million) for the 71% stake held by CVC when they took over the company.

The Canada Pension Plan Investment Board is buying into more than just MotoGP, however. With the consolidation of Infront Motor Sports under Dorna, CPPIB now has a stake in both MotoGP and World Superbikes. This sale also provides the rationale for Bridgepoint’s decision to bring both series under a single umbrella: not only does it add value to the package on offer to CPPIB, but it also eliminates competition between the two series, allowing both to grow without cannibalizing each others audience and potential sponsors.

This, rather than any power struggle between Dorna CEO Carmelo Ezpeleta and Infront bosses Paolo and Maurizio Flammini, is the more important reason for combining the two series. Ezpeleta may have come out on top in that internal power struggle, but it was as a by-product of the proposed sale, rather than as a direct intent.

Funded: Mission Motors Closes $9 Million Series B Financing Round Lead by Warburg Pincus

08/17/2011 @ 10:40 am, by Jensen Beeler6 COMMENTS

News comes to us from across the Bay this morning, as Mission Motors has announced that it has closed a $9 million Series B financing round led by Warbug Pincus. A global private equity firm with $30 billion in assets under management, Warbug Pincus invested $7.5 million in Mission Motors (with room up to an additional $41 million), while Infield Capital, one of Mission’s original investors, doubled-dipped back into the company, presumably with the remaining $1.5 million for the series.

The use of funds will go towards Mission Motors’s continued venture of supplying OEM customers with electric and hybrid drive train solutions — an exclusive endeavor the company has been undertaking for over a year now, but apparently something the less-informed motorcycle press is only now taking notice of today.

Rumor: Ducati Considering Selling Its Stock?

08/15/2011 @ 11:40 am, by Jensen Beeler2 COMMENTS

According to the Dow Jones Newswire, Investindustrial, the private equity firm behind Ducati Motor Holding SpA, is considering putting the Italian motorcycle company’s stock up for sale in a private offering next year. Investindustrial bought the Texas Pacific Group’s 45% share in Ducati back in 2006, becoming the company’s largest single investor. Later in June 2008, the private equity firm lead by Carlo and Andrea Bonomi increased its stake in Ducati, controlling 84.6% of the company’s stock.

If today’s rumors are true, Investindustrial would be dumping some, if not all, of its shares in Ducati, likely into other investment groups. Though other motorcycles news sites are quick to call this an IPO, there is no indication at this time that Investindustrial plans on making the stock offering public (the Dow Jones Newswire in fact specifically says that the offering is private), meaning that Ducati’s stock will not be available to regular stock purchasers, but will instead be bid on by banks, investment groups, and other large corporations.