Indianapolis GP Named Best Grand Prix by MotoGP

At the conclusion of each GP season, an awards ceremony is held to celebrate the year’s champions, crowning the top riders in each category, the top manufacturers, and even the top venue for the season. This year, the honors of the latter went to familiar locale, as the Red Bull Indianapolis GP round was named the “Best Grand Prix” of the 2014 season, making it the first North American round to receive such an honor. Selection criteria for the award included consideration of the venue, promotion, and overall facility operations. For the 2014 race, Indianapolis Motor Speedway once again repaved its infield section, making alterations to several turns in order to facilitate passing and adding to the track’s overall consistency.

Up-Close with the 2015 Ducati Multistrada 1200

If there’s a motorcycle that launched at EICMA that I wish we had given more coverage to, it would be the 2015 Ducati Multistrada 1200. The new adventure-sport machine from Ducati is all-new for the next model year, though it would be hard to tell it from the photos. Even our modest collection of “up-close” photos here don’t do justice to the venerable Multistrada. The face of the Multistrada 1200 has been reworked, with the “beak” softened a bit from its falcon-like profile. The intake inlets are larger in appearance, and the headlight housing is noticeably different with its six LED projectors for the Ducati Corner Lights system (on the “S” model). This perhaps makes for an interesting “face” on the motorcycle, and like its predecessor, you will either love it or hate it.

Marco Melandri Returns to MotoGP, with Aprilia

After finishing fifth in the 2014 World Superbike Championship with Aprilia, Marco Melandri will continue with the Italian manufacturer, but switch to the MotoGP paddock for next season. Melandri will join Alvaro Bautista in the Aprilia Racing garage, where they will compete on an updated version of the ART machine, which was originally built to compete under the CRT bike rules. The team, now operated by Gresini Racing, will come up to speed during the 2015 season, and in 2016 they will race with a brand new race bike, which will use the compulsory “open” spec-electronics from Magneti Marelli. For Melandri, the move to MotoGP is a bit of gamble, with Aprilia’s program uncertain.

Up-Close with the Honda RC213V-S Prototype

I can’t decide whether to be elated or disappointed over the Honda RC213V-S prototype, which was debuted this week at the EICMA show in Milan, Italy. On the one hand, the RC213V-S lived up to the hype…literally a MotoGP race bike with lights, mirrors, turn signals, and a license plate. On the other hand, for all the waiting and consternation from Honda, what they brought to Milan was a fairly derivative and obvious design. Rumors of a true MotoGP-derived sport bike from Honda have been circling for several years now (closer to a decade, if you’re a reader of MCN), and the project borrows the ethos found in the Ducati Desmosedici RR project, another exclusive GP-bike-for-the-street motorcycle.

The Ducati Streetfighter 848 Is Spared the Axe for 2015

The Ducati Streetfighter lives for another year, as Ducat is showing off the Ducati Streetfighter 848 as a 2015 model year machine at the EICMA show in Milan. There had been doubts about the Streetfighter 848 continuing to be a part of the Ducati lineup going forth, especially as the Italian company has moved away from the 849cc v-twin platform, favoring the 821cc engine variations for the Hypermotard the Monster lines, and the 899cc Superquadro for the Panigale. The Streetfighter was never a big hit in the world market, becoming more of a cult classic machine amongst riders. Combined sales with the Hypermotard account for roughly 20% of Ducati’s annual sales, with the Hypermotard doing the majority of the heavy-lifting in that regard.

Moto Guzzi MGX-21 Prototype

Cruisers really aren’t our cup of tea here at Asphalt & Rubber, which might explain the lack of coverage for America’s gift to the two-wheeled world on our website. That being said, it’s hard to pass on the lurid Moto Guzzi MGX-21 prototype that is on display at this year’s EICMA show. A reworked Moto Guzzi California 1400, the MGX-21 is clad in carbon fiber, matte black paint, and red highlights. The carbon fiber disc wheels are a nice touch too (that’s a 21″ wheel up front, by the way), as are the sweeping lines from the front cowl and fenders. We’re finding ourselves a bit smitten with this Moto Guzzi, as true to the brand, it strays from the cruiser norm. We think you’ll like it too, check out the photos after the jump.

Up-Close with the Honda “True Adventure” Prototype

One of the more anticipated motorcycles at the 2014 EICMA show, off-roaders were expecting to see the new Honda Africa Twin in Milan this week. Instead, Honda trotted out what they’re calling the “True Adventure” prototype. Despite not being a production model, the True Adventure prototype looks ready for prime time, and we got a series of “up-close” photos of the machine. Most obvious is the bike’s parallel twin engine, which is rumored to be 1,000cc in displacement. That sizing/weight class seems to jive with the dual front brake discs, which also sports an ABS tone ring. We can expect Honda to have traction control operating off the front and rear wheel speeds as well, and other electronic packages as well.

Money: Motorcycle Racing’s Biggest Problem

What is the biggest problem in motorcycle racing today? Is it the predominant role electronics are playing, ruining the racing? Is it the ever more restrictive rules imposed, killing bike development and the spirit of Grand Prix racing? Is it the lack of competitive machinery, making it impossible for anyone but a factory rider to win a race? Or is it the dominance of the two top manufacturers, driving costs up and discouraging wider manufacturer participation? You can point to all of those and more as being an issue, but they pale in comparison to the real problem the sport of motorcycle racing faces at the moment: Money. Specifically, the lack of it, and the inability of almost everyone involved in the sport to find ways of raising any. All of the ills of both MotoGP and World Superbikes can be traced back to this single failure.

Investcorp Buys 80% of Dainese for €130 Million

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. Dainese’s future goals rest heavily on its airbag technology, as Dainese plans on bringing D-Air to markets outside of motorsport and sport in general. The company also has an aggressive plan to grow outside of Italy, making a bigger push into North America and developing markets.

Husqvarna 401 Svartpilen Concept

The second of Husqvarna’s street concepts, the Husqvarna 401 Svartpilen is a scrambler styled machine that uses the same 373cc single-cylinder engine as the Vitpilen concept. Swedish for “Black Arrow”, the Svartpilen continues the idea that less is more, and applies the concept to a more off-road motif. Not all the dissimilar to the Moab and Baja concepts the Husqvarna showed before its acquisition by KTM, clearly the Swedish brand is keen to tap into its lost history of Steve McQueen and the scrambler motif. Perhaps Ducati’s foray into this space is added motivation, but the Husqvarna 401 Svartpilen concept is a bike unique to itself. That might be because the concept machine is based off the KTM 390 Duke, which is an unlikely though budget-friendly donor machine.

Rumor: Ducati Considering Selling Its Stock?

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

Rumor: Ducati Considering Selling Its Stock? Ducati Superbike 1198 SP 635x475

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.

Analyst Report: Bajaj May Take a 49% Stake in KTM

07/28/2011 @ 11:04 am, by Jensen Beeler1 COMMENT

Analyst Report: Bajaj May Take a 49% Stake in KTM KTM 125 Duke Stunt 635x421

Bajaj Auto has an insatiable appetite for KTM, and the Indian company has slowly been gobbling up KTM stock, and now is just under a 40% shareholder in the Austrian motorcycle company. With Cross Industries AG holding 51% of the company in its control, the Austrians have made it clear that they will not give up majority control of KTM, especially to the Indian automotive company. However, analysts are predicting Bajaj could take its partnership with KTM to its limit, purchasing up to 49% of the company’s stock.

Harley-Davidson Stock Manipulation Being Investigated

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

Harley Davidson Stock Manipulation Being Investigated wall street 635x423

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.

Bajaj Continues to Gobble Up KTM Stock

05/16/2011 @ 3:04 pm, by Jensen Beeler1 COMMENT

Bajaj Continues to Gobble Up KTM Stock KTM 125 Duke action 3 635x422

Bajaj’s appetite for KTM stock seems to be never-ending, though slow in digestion, as the Indian company has acquired another 1.21% of the Austrian motorcycle maker. Gobbling up shares from other minority holders on the open market, Bajaj now has a 39.3% interest in KTM, while majority shareholder CROSS continues with its 50.1% stake.

CROSS has made it clear it intends is to remain the majority shareholder, and has no plans of selling-out its position to the Indian company (or has it?). So, no corporate takeovers just yet, but a continuation of an interesting move by Bajaj in investing with KTM.

Harley-Davidson Q1 2011 Earnings up 350%

04/19/2011 @ 9:00 am, by Jensen Beeler3 COMMENTS

Harley Davidson Q1 2011 Earnings up 350% marisa miller harley davidson 635x455

Before the opening bell on the New York Stock Exchange, Harley-Davidson posted its first quarter numbers of 2011 this morning. Despite earnings being up 350% when compared to Q1 of 2010, Harley-Davidson is showing only a modest turnaround compared to its competitors, as worldwide sales are only up 3.5% compared to last year’s. Still, the company has to be pleased with being back in the black, as Harley-Davidson reported over $119 million in profits (Harley-Davidson made $33.3 million in Q1 2010).

The reason for the less enthusiastic news is because these positive numbers were fueled by the company’s financial services division, which is finally posting profits after nearly collapsing the company during the recession, instead of an increase in bike sales. While Harley-Davidson is touting a 155% revenue increase from the HDFS side of accounting books, it goes without saying that when one does barely any financing in 2010, it’s easy to post results like this. Furthermore, future HDFS financial success is pegged to new Harley-Davidson motorcycle sales, which still show a bleak future.

Yamaha Stock Drops 10% After Earnings Report

02/15/2011 @ 7:19 am, by Jensen Beeler2 COMMENTS

Yamaha Stock Drops 10% After Earnings Report Tokyo Stock Exchange ticker board 635x475

Investors at the Tokyo Stock Exchange were not happy with Yamaha Motor this morning, as the Japanese motorcycle manufacturer reported its 2010 earnings and 2011 forecast, and promptly saw its stock drop 10%. Despite managing to turnaround its 2010 income from the ¥216.1 billion ($2.5 billion) loss it took in 2009 to a profit of ¥18.3 billion ($219 million), Yamaha only expects to improve on these gains by just over 9% in 2011.

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.

Honda Becoming Its Own Hero in India

12/06/2010 @ 7:14 pm, by Jensen Beeler1 COMMENT

Honda Becoming Its Own Hero in India Hero Honda Pleasure 01 635x476

We know it’s a cryptic headline, but there’s a big HUGE move happening today in India as far as motorcycles are concerned, and we couldn’t help being overly dramatic. Holding a 26% stake in Hero Honda, Honda announced that it will be selling its position in Indian joint-venture, the world’s largest two-wheel manufacturer, to the Hero Group’s founders, the Munjal family, and various investment funds.

Honda in turn will be pumping its resources into its own fully-owned subsidiary in India called Honda Motorcycles and Scooters India (HMSI). Buying its stock back at a discounted rate, the Honda will be selling the stock to Hero Honda for $1.2 billion, presumably in exchange for a larger percentage of the company’s early revenue (Honda currently takes home 2.5% of Hero Honda’s yearly revenue).

Bajaj Gobbles Up Some More KTM Stock

11/30/2010 @ 12:18 pm, by Jensen Beeler1 COMMENT

Bajaj Gobbles Up Some More KTM Stock KTM 125 Duke 635x360

Bajaj must be celebrating a late Thanksgiving (we might be talking about the wrong Indians here) as the Pune-based automotive group has gobbled up some more shares of Austrian company’s stock. Strengthening the two companies’ strategic partnership, Bajaj has modestly increased its 35.67% interest in KTM, becoming a 38.08% shareholder. Also coming out of the orange brand is news that Stefan Pierer will continue on as CEO of the company through 2015, and Friedrich Roithner, formerly of DGF Cross Industries, will take on the role of Financial Director in the new year.

Harley-Davidson Will Pay You To Buy Its Stock

09/16/2010 @ 2:40 pm, by Jensen Beeler8 COMMENTS

Harley Davidson Will Pay You To Buy Its Stock Harley Davidson Sportster XR1200X wallpaper 635x396

Harley-Davidson has just announced that it will be giving out a 10¢/share dividend for the third quarter of 2010. Being paid on October 15th to anyone who owns Harley-Davidson stock (NYSE: HOG) on October 1st, 2010, holders of HOG common stock will get a chance to be rewarded for investing in the Milwaukee brand. It’s not clear at this time if Harley-Davidson intends to keep the cash dividend for future quarters, or if this is one-quarter only event.

With HOG currently trading at $28.43/share, this announcement means essentially an automatic 1.2% investment gain for stock owners, however contact your financial advisor before placing any orders…you shouldn’t take stock advice from a motorcycle blog.