Brammo eCruiser & Other Models Spied in Investor Pitch

Brammo continues to build upon its war chest of investment, and has turned to crowd-funding site EarlyShares for help in that regard. The site is targeted towards Angel-type investors, and is along the lines of a Kickstarter-style site for the wealthy and investment-minded. The news that a company like Brammo is looking to raise more capital is nothing new, nor is it terribly noteworthy, but the documents provided to EarlyShares investors are certainly worth chewing on by two-wheeled enthusiasts. Perhaps the most interesting aspect is a diagram of Brammo’s planned model lineup, which briefly appeared on EarlyShares; and among other things, shows an eCruiser model from the Oregonian company. Boom goes the dynamite.

Review: Dainese Made to Measure Leather Racing Suit

Do you ride like Valentino Rossi, or maybe just want to look like him? I ask, because that’s the premise behind Dainese’s Made to Measure program. Giving everyday riders the same opportunity and attention to detail as the company’s sponsored racers, who compete at the heightest level of the sport, Dainese’s Made to Measure program allows you to order custom-fitting racing leathers, jackets, and pants from the trusted Italian brand. The following is my experience in making a race suit with the Italian company’s custom apparel program, and since the bulk of Made to Measure orders are custom racing suits, it seems an appropriate measure for its service.

Electric Supermoto Coming from KTM Too?

We already showed you KTM’s two electric dirt bike models, the KTM Freeride E-XC and KTM Freeride E-SX, which feature a 21hp / 31 lbs•ft electric PMAC motor and a swappable 2.6 kWh lithium-Ion battery pack. The models represent KTM’s rethinking on its electric range, especially when it comes to the current limitations of electric motorcycles, and what the current state-of-technology is in this space. While the new Freeride E-XC & E-SX show KTM is moving in the right direction, the two models didn’t do a lot for our asphalt-loving hearts here at A&R. Never fear though, as rumors from Italy’s Moto.it peg a supermoto version will debut at INTERMOT.

The Most Ridiculous Thing I’ve Ever Seen in This Industry

I have seen a lot of things in the motorcycle industry since I started Asphalt & Rubber, but never before have I seen something like this. During the autumn months, it is not uncommon for A&R to receive tips about new motorcycle models that are about to debut, and today was seemingly no different. This morning we got an enthusiastic email from a purported regular reader (make that two readers now), asking why we weren’t covering the leaked details on the supercharged Kawasaki H2, which were apparently “going viral” all over the internet, as the email told us. Like any good editor though, I dove into the story deeper. What I found has me supremely worried.

More Details on the Updated 2015 BMW S1000RR

I have to say, I really like the cut of BMW’s jib. Instead of making us dance through a social media bonanza of teasers and trickle-down motorcycle specs, the German company just publishes a press release with what it plans on changing for the 2015 BMW S1000RR. As loyal readers will know, we caught the updated S1000RR out testing last month, which showed a number of subtle cosmetic and system changes to the machine. BMW Motorrad has now clued us into what those changes are, namely a revised chassis geometry. From our spy photos, we know that the S1000RR will also get the HP4’s dynamic damping control (DDC) suspension, as well as new exhaust.

Ducati Owners: You Are Not Ready for the 1299 Superbike

You would have to be living under a rock not to know about the upcoming Ducati Scrambler, Bologna has made certain of that. But as we surmised in our analysis of Scrambler’s marketing, Ducati is due to update the Panigale as well for the 2015 model year. That educated guess, it seems has been proven correct, at least in part. While Borgo Panigale will continue to sell its namesake Ducati 1199 Panigale, the Panigale R model will be replaced for 2015 by the new 1299 superbike. As such, the 1299 will be Ducati’s consumer-facing machine for its World Superbike program — a project that has been greatly affected by WSBK’s intake restrictions for v-twins — thus race teams can expect an upgraded RS15 as well to be coming forth.

Ducati 1199 Streetfighter Concept by Shantanu Jog

One of the reason we show concept sketches here on Asphalt & Rubber is to help churn the imagination of our more creative two-wheeled brethren, so it warms my soul a little bit when a reader sends me something they’ve produced, which is due in part to their daily A&R patronage. As such, A&R reader Shantanu Jog sent us these sketches he did of a 1199-based Streetfighter. As good Ducatistas will know, the chassis of the Panigale creates some challenges for a fairing-less machine, and then there is the whole thing about how the Ducati Streetfighter as model never really sold well for Borgo Panigale. Still, for those who like their superbikes with a little less plastic, the idea of an 1199 Streetfighter is certainly appealing.

BMW Confirms New S1000RR Will Debut at INTERMOT – Two More New Bikes to Debut at EICMA

We already know that BMW Motorrad has a bevy of new machines coming out for the 2015 model year, and now the Germans are ready to admit as much. Confirming that a new BMW S1000RR superbike will debut at the INTERMOT show, BMW has also teased that two more new models will also debut at EICMA. From the spy photos that we obtained, we know that the 2015 BMW S1000RR features modestly updated bodywork, a restyled exhaust, and likely features a mild engine reworking. We will have to wait a couple more weeks to get the full details though, but expect a modest hp boost, semi-active suspension, and the Bosch MSC cornering-ABS system as standard — much like the BMW HP4.

Print Out Your Own Ducati 1199 Panigale Motorcycle

One day, 3D printing technology will fundamentally change the motorcycle industry. Currently however, companies use 3D printing, or rapid prototyping, to quickly and cheaply build parts for development machines. Enthusiasts also use the technology, though mostly as a novelty, which is the case here. A glimpse perhaps in how we will one day buy motorcycles, some clever modelers have “printed” a pretty convincing 3D copy of the Ducati 1199 Panigale. Built in CAD, and printed with a Ultimaker, the attention to detail is pretty astounding — note the chain that exactly meshes up with the front and rear sprockets. Forty pieces comprise the work, which have also been painted and lacquered to look like the genuine article.

Marc VDS Racing Moves up to MotoGP with Scott Redding

Marc VDS Racing are to move up to MotoGP, fielding a factory Honda RC213V for Scott Redding. The deal was announced late on Sunday night via the Marc VDS Racing Twitter feed, after meetings between the team, Honda, and team owner Marc van der Straten. The agreement means that the Marc VDS team will field a factory Honda RC213V for the next three seasons, through 2017. The duration of the contract had been a critical point in the negotiations, allowing the team to spread the costs out over a longer period, and showing HRC’s support for both the team and Redding. Without the money from Go&Fun, Gresini could not afford the factory Honda. Gresini have now officially switched to Aprilia, leaving a factory Honda and an Open class Honda going begging.

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.

MIC Leaks Harley-Davidson’s Q1 Sales Figures

04/24/2012 @ 5:29 pm, by Jensen Beeler26 COMMENTS

MIC Leaks Harley Davidsons Q1 Sales Figures harley davidson ad

For a while now I have been trying to figure out what exactly the Motorcycle Industry Council (MIC) does, because while the MIC “exists to preserve, protect and promote motorcycling through government relations, communications and media relations…” the industry group does a pretty poor job of doing much of anything along the lines of its mission statement, if it does anything really at all. Showing signs of life though, the MIC is making headlines today after it disclosed Harley-Davidson’s Q1 2012 earnings, ahead of the publicly-traded company’s shareholder meeting. Nice.

The move caused a bit of a shuffle over in Milwaukee, as the Bar & Shield brand had to make an emergency filing with the SEC that it had in fact found a 25.5% sales gain in the first three months of the year (bravo to Harley, by the way). For those that aren’t as a familiar with the MIC, the nonprofit group is essentially comprised of representatives from the various motorcycle OEMs, aftermarket, and other industry businesses, and is the corporatation-focused counterpart to the American Motorcyclist Association (AMA), which supposedly has the best interests of motorcyclist at its heart.

Zero Motorcycles Gets $17 Million Investment

03/17/2011 @ 2:36 pm, by Jensen BeelerComments Off

Zero Motorcycles Gets $17 Million Investment Zero Motorcycles quick charger 635x453

Using strictly the Charlie Sheen sense of the word, Zero Motorcycles is WINNING right now. Announcing today that it closed another round of financing, Zero has $17 million of a $26 million round confirmed ($9 million still outstanding). The funding continues to be lead by the Invus investment group, who have been the major financial backbone at Zero Motorcycles. A funding round of that size can only mean one thing for a motorcycle company: going into mass production. Surely enough Zero states its intended use of the funds will go towards ramping up its US-based production plans.

Out of all the electric motorcycle vehicle players, Zero has been the most active in the funding department lately, closing round after round of capital investment. With those investments we’ve already seen changes at the Santa Cruz company, with the 2011 Zero Motorcycles line-up featuring upgrade motorcycles, as well as founder Neal Saiki departing the company.

5 Interesting Facts from Harley-Davidson’s Annual Report

02/25/2011 @ 5:19 pm, by Jensen Beeler16 COMMENTS

5 Interesting Facts from Harley Davidsons Annual Report Harley Davidson Marissa Miller American Bombshell 635x508

While we’re still poring over Harley-Davidson‘s annual report, making Excel spreadsheets, and winning at bullshit bingo, a couple interesting facts have struck us about the company and some of the trends it is experiencing. While it’s been mostly doom and gloom around Harley-Davidson in 2010, the Milwaukee-based company does appear to be solely in business because of the strong cost-cutting CEO Keith Wandell has been able to achieve during his tenure. Despite the moaning and groaning from the Bar & Shield loyal about Wandell’s non-motorcycle riding lifestyle, the CEO knows how to trim the fat, which is exactly what this HOG needed. Find five interesting facts for you to mull over this weekend after the jump.

Zero Motorcycles Raises Another $2 Million

02/03/2011 @ 5:59 am, by Jensen Beeler3 COMMENTS

Zero Motorcycles Raises Another $2 Million Zero Motorcycles Fundraising 635x423

Zero Motorcycle continues to raise money despite the wallowing economy, dropping another $2 million into its war chest during a $2.4 million round. The news of this funding comes shortly after we’ve gotten word that the Santa Cruz company plans on building a production facility for its electric motorcycles, and as of yesterday secured distribution in Mexico. While Zero hasn’t said what it plans to do with these newly acquired funds, we imagine the purpose will go something along the lines of the famous Daft Punk song “Harder, Better, Faster, Stronger”.

Harley-Davidson Pays Back $297 Million in Loans

12/13/2010 @ 9:07 am, by Jensen Beeler10 COMMENTS

Harley Davidson Pays Back $297 Million in Loans Harley Davidson piggy bank 635x484

Harley-Davidson filed papers today with the SEC disclosing that the company has bought back $297 million in papers (essentially paying off a loan) from Davis Selected Advisers, L.P to the tune of $380.8 million. Taking the loan amount at 15% interest, Harley-Davidson borrowed roughly $600 million from Davis Select and Warren Buffett ($300 million each, despite what other blogs seem to think) back in February of 2009. This announcement marks the first step Harley-Davidson has taken in repaying that debt, and with the added $100 million in interest payments, it’s easy to understand why.

Brammo Raises $12.4 Million in Series B Funds

09/22/2010 @ 10:56 am, by Jensen Beeler1 COMMENT

Brammo Raises $12.4 Million in Series B Funds 2011 brammo empulse helicopter 1 560x373

Brammo Inc. filed the appropriate forms with the SEC yesterday stating that it has raised $12.4 million in Series B funds, in what is still an open round of financing. Brammo hopes to raise a total of $30 million in the Series B offering, with the use of funds likely going towards expanding Brammo’s reach into the Asian and European markets, as well as building out the company’s product line into other target segments.

Also in the Form D filing with the SEC we get a glimpse of the people behind the company’s management, which includes a presence from Brammo’s initial investors Best Buy & the clean-tech venture capital group Chrysalix, as well as Brammo’s CFO Bruce Gilpin. New to the ranks is David Kurtz from Alpine Inc., an oil and gas exploration and development firm that is leading the Series B round with another firm that is so far unknown.

MV Agusta Purchase Terms & Details

08/09/2010 @ 8:47 pm, by Jensen Beeler18 COMMENTS

MV Agusta Purchase Terms & Details MV Agusta Claudio Costiglioni purchase 635x476

After Asphalt & Rubber broke the news about the MV Agusta purchase last week, many of the details about Harley-Davidson’s sale of MV Agusta to the Castiglioni were known or rumored at the time of the purchase’s announcement later in the day; however the exact figures and terms of the agreement were not officially known. Having filed the appropriate forms with the SEC, Harley-Davidson (a publicly traded company) has had to disclose the terms of MV Agusta’s sale, which don’t paint a favorable picture for the Milwaukee brand, but show how Castiglioni “bought” his company back despite bids coming from other parties.

Zero Motorcycles Raises Additional $5.5M in Funding

01/06/2010 @ 4:03 pm, by Jensen Beeler2 COMMENTS

Zero Motorcycles Raises Additional $5.5M in Funding Zero Motorcycles Series A 560x374

Zero Motorcycles has raised an additional $5.5 million in its Series A funding, bringing it’s total war chest to just over $10.5 million in funding to date. The Invus Groups seems to have lead, if not solely financed, the Series A round, and retains two seats on Zero’s Board of Directors. The funding is reported to “help grow the company”, which in these financial climates could mean anything from paying looming costs to amounting cash for harder days ahead. Whatever the reason, it’s a positive sign for Zero Motorcycles, and an early high-point to their 2010 accomplishments.