Guy Martin Racing A Mugen Electric Bike at Isle of Man TT

Guy Martin’s return to the road racing at the Isle of Man TT continues to draw big headlines, and while we already know that the Lincolnshire man would partner with John McGuinness on the factory Honda Racing team of this year’s TT, that’s not all. Today, we learn that Guy Martin will partner with John McGuinness on another team as well, and he will once again take the seat on an electric bike for the TT Zero class in the process. As such, Martin has been confirmed as Team Mugen’s second rider, replacing Bruce Anstey in the squad. Both McGuinness and Martin will race on the new Mugen Shinden Roku electric superbike – the sixth iteration of the Japanese outfits TT Zero racer – and they will be looking to break the 120 mph barrier for electric motorcycles at the Isle of Man TT.

What the Sepang MotoGP Test Tells Us About Race Pace

What conclusions can we draw from the first MotoGP test of 2017 at Sepang? Well, it’s the first test of 2017, and the factories still have the best part of two months to refine their bikes before the season starts in earnest in Qatar. Any conclusions we draw are at risk of crashing headlong into reality at the end of March. But with all that data from the test available, it is hard to resist the temptation to dive into it and read the tea leaves. To make some sense of the timesheets from Sepang, I examined the lap times of the fastest thirteen riders at the end of Wednesday. The reason for selecting Wednesday was simple: as it was the last day of the test, the riders were all fully up to speed, and the teams were putting together the lessons they had learned on the first two days.

Piaggio Gita, An Autonomous Two-Wheeler for the Future

When you think of the Piaggio Group, in terms of its two-wheeled creations, your thoughts probably conjure up images of motorcycles made by Aprilia or Moto Guzzi, or maybe a scooter with a Vespa badge on it. Surely, the Gita is not what first comes first to your mind, but it might be the most impactful idea from the Italian brand to-date. Sure, the brightly colored self-balancing rolling cylinder doesn’t seem like much of a novel creation, even with its ability to follow its owner, or autonomously navigate a prescribed route. But then again, you have probably been carrying stuff around in our arms, or on your back, like a big sucker.

2018 KTM 790 Duke Spotted in the Wild

We know that we can expect a finalized version of the KTM 790 Duke at this year’s EICMA show in Milan, so it shouldn’t be surprising to hear that the streetfighter model has been caught testing by spy photographers. The bike’s parallel-twin engine can clearly be spotted in the pictures, tipping us to its model, and many of the lines from the prototype machine remain, as further clues. Though, noticeable differences include a new tail section design, different exhaust, as well as a headlight. The headlight is clearly derived from KTM’s new design language, and its shape mimics what we’ve seen already added to the Duke, Super Duke, and Adventure lineup. The KTM 790 Duke prototype hinted that we would see a similar face in the new hoon-machine, so no surprises there.

Ducati’s 2017 World Superbike Team Debuts

Race teams continue to debut their 2017 liveries and riders, and this time around we feature the Aruba.it Racing – Ducati Superbike squad that will race in the World Superbike Championship. Chaz Davies of course returns to the team, and this season he will be joined by Marco Melandri. The duo will be an interesting pair to watch this season, with Davies holding onto his impressive form from the last-half of the 2016 season, and Melandri making his return to motorcycle racing, after sitting out last season. With 2017 to be the penultimate season for the Ducati Panigale R in the World Superbike Championship, the v-twin superbike has shown itself to be an extremely mature machine on the race track.

Imagining the 2018 Suzuki RM-Z450 Supermoto

It is a tremendous shame that the options for a road legal supermoto for are so limited, with the venerable Suzuki DR-Z400SM being the only offering in the 450cc on-road class. For virtually a decade, Suzuki has left the DR-Z basically unchanged – as it has done with many of its sport models – so we would love to see Suzuki and other manufacturers give this space more attention (a hat tip to Husqvarna for bringing the track-only FS450 to market, long with the 701 Supermoto). Although you can wake-up the DR-Z400 with a few simple modification, and there are a bevy of aftermarket kits that can punch the 398cc machine out in size, what we really want from Suzuki is a proper 450cc street supermoto – one that doesn’t stray too far from the brand’s current strong motocross offering. So, when we saw this little bit of Photoshop work by the folks at the German Suzuki dealership of DSR-Suzuki, we got a little excited.

Honda & Hitachi Join Forces on Electric Vehicle Motors

News out Japan sees Honda and Hitachi starting a joint venture that will focus on providing motors for electric vehicles. The two companies signed today what they call a “memorandum of understanding, which is the Japanese business version of getting a promise ring to start a future company together. The still unnamed joint venture will be located in Hitachinaka City in the Ibaraki Prefecture, and be initially capitalized with ¥5 billion (~$44 million). Honda Motor Co. and Hitachi Automotive Systems hope to finalize this deal by March 2017, and the new company will have subsidiaries in China and the United States – both of which will have sales and production capabilities.

US Lawmaker Introduces Bill to Close the EPA by 2018

A bill has been presented to the United States House of Representatives that would seek the closure of the Environment Protection Agency (EPA) by 2018. Proposed by Rep. Matt Gaetz (R – Florida), HB 861 will likely be a mixed bag for motorcycle enthusiasts, as it will deregulate environmental restrictions set at the federal level, leaving states to draft or adopt their own provisions, which will likely have a fracturing effect on the regulatory market for motorcycles. But, it will also mean the abolition of EPA regulations that many motorcyclists oppose, like the blending of ethanol in our fuel, and restrictions on noise, emissions, and vehicle modifications.

KTM Invests in Heads-Up Display Company NUVIZ

Heads-up display (HUD) company NUVIZ just took a strategic investment from Pierer Industrie AG, the company behind KTM, Husqvarna, WP Suspension, and others. Today’s news is quite a catch for the San Diego based technology startup, and it bodes well for NUVIZ to bring its heads-up display technology to market. As such, NUVIZ hopes to have a heads-up display unit and connected rider system available in the first half of 2017. NUVIZ has raised roughly $9 million to date, via equity and debt, and our sources tell us that KTM’s purchase into the company has contributed to the lions’s share of that amount – upwards of $5 million, along with a seat on NUVIZ’s board of directors.

Red Bull Honda World Superbike Team Debuts

In an airplane hangar in Austria, Honda’s World Superbike team unveiled its wings…that is to say, the Red Bull Honda World Superbike Team debuted in the energy drink’s Hangar-7 facility in Salzburg today. As the name implies, Red Bull will be the title sponsor for Nicky Hayden’s and Stefan Bradl’s World Superbike title bid this year, on the updated 2017 Honda CBR1000RR SP2. This is the first time that Red Bull has been a title sponsor in the WorldSBK paddock, though the energy drink company’s livery can be seen on variety of bodywork throughout motorsport. “It’s a new year with a new bike, new title partner and new teammate, so there are definitely many changes ahead and a lot of things to look forward to,” said former MotoGP Champion Nicky Hayden.

Harley-Davidson Takeover Rumors Spur Wall Street, Again

07/07/2016 @ 9:59 am, by Jensen Beeler4 COMMENTS

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If you believed the reports from the financial sector, Harley-Davidson is a prime candidate right now for a hostile takeover by Kohlberg Kravis Roberts (KKR), a global private equity firm.

The news sent shockwaves through Wall Street, with Harley-Davidson’s stock gaining 20% in value in a single day, as investors tried to capitalize on the news.

You are just hearing about this news on Asphalt & Rubber though for two reasons, 1) I’ve been on either a motorcycle, plane, trolley, or car for the past few days (just getting back from Italy), and 2) we have seen this all this before, and it wasn’t pretty.

KTM Pulling Its Shares off the Public Market

03/30/2016 @ 5:09 pm, by Jensen Beeler6 COMMENTS

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News out of Austria says that KTM is gearing up to pull its shares off the public stock market. The move comes from a request by Cross Industries, which is run by Stefan Pierer and is the largest shareholder of KTM’s stock, with 51.4% of the shares.

With Indian motorcycle manufacturer Bajaj owning another 48%, this means the announcement only affects roughly 0.6% of KTM’s overall stock, which is floating around on the Third Market (Dritter Markt) of the Vienna Stock Exchange.

According to KTM’s press release on the issue, Cross will offer €122.50 per share for the outstanding stock, which will then make KTM officially a privately held company.

Energica IPO Set for January 29th on AIM Italia Index

01/27/2016 @ 2:35 am, by Jensen Beeler4 COMMENTS

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It looks like Italian electric motorcycle maker Energica has finalized the details of its initial public offering of stock on London’s AIM Italia stock market.

As such, Energica’s IPO will take place January 29th, with over 1.65 million shares being offered at €3.20 a piece, this makes Energica’s IPO worth potentially €5.3 million.

With this money, Energica hopes to become the worldwide market leader of electric motorcycles within three years.

That will be at tall order, for the Italian company, as America’s Zero Motorcycles already boasts a much larger dealer network, and proven track record of sales.

Energica Looks to Go Public on the London Stock Market

11/18/2015 @ 7:12 pm, by Jensen Beeler1 COMMENT

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While most consumers will say that the company’s big news at EICMA was the finalized version of the Energica Eva electric streetfighter, it is really Energica’s aim to be on the London Stock Market that should be dominating the conversations in Milan, Italy.

The news is an extension to our earlier report that Energica hired UBS to help the Italian electric motorcycle company navigate the financial waters of investment.

At EICMA, Energica provided more details on its plan, saying that it would look for private investment to raise the necessary free capital in order to be listed on the London Stock Exchange’s AIM Italia sub-market, a special market that caters to small and medium-sized businesses, usually in the technology sector.

China Set to Buy Pirelli for €7.1 Billion

03/23/2015 @ 1:15 pm, by Jensen Beeler29 COMMENTS

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China National Chemical Corp (ChemChina) is set to buy into tire-maker Pirelli, with what is currently a €7.1 billion deal. The move would put the 143-year-old Italian company in Chinese ownership, with ChemChina being the majority and controlling shareholder.

ChemChina had planned to offer €15/share to existing Pirelli stock owners, but that number may have to be lifted after a recent rally in the stock’s price. Once the deal concludes though, it is expected that ChemChina will take Pirelli private once the buyout is complete.

The impetus for the buyout is that Pirelli’s knowledge making tires would be a huge asset to ChemChina’s current tire production, not to mention that Pirelli’s free production inventory could be used to make other ChemChina products.

The deal would also give Pirelli a strong footing in the massive Chinese tire market, a significant leg-up in Asia for the Italian brand over its other European competitors.

Daimler to Invest in MV Agusta as IPO Rumors Circulate?

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

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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.

GoPro Looking to Raise $100 Million with IPO

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

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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.

Castiglioni Denies Fiat Buyout of MV Agusta Is in the Works

04/14/2014 @ 9:31 am, by Jensen Beeler2 COMMENTS

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After reporting 22% growth in Q1 2014, Giovanni Castiglioni had some closing words about the rumors that Fiat could acquire MV Agusta — a popular rumor that has been swirling around in the press the last two months.

Denying outright that MV Agusta had, or was in, talks with the Fiat-Chrysler group about an acquisition (some reports linked even MV Agusta to being bought by Fiat-owned Ferrari), Castiglioni said the Italian company solely was focused on building growth, and building motorcycles.

Polaris Buys Back Company Stock from Fuji Heavy Industries

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

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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.

Harley-Davidson Stock Manipulation Being Investigated

06/16/2011 @ 9:38 am, by Jensen Beeler3 COMMENTS

Lawyers have begun an investigation into the recent rumors that private equity firm Kohlberg Kravis Roberts (KKR) was targeting Harley-Davidson for a stock takeover.

Suspecting that Harley-Davidson executives breached their fiduciary responsibility to Harley-Davidson, Inc., investigators were tipped-off to potential breaches at the Milwaukee company after its stock rose by $2 (+5%) immediately after the rumors were first published in financial reports.