Source: Ultimate Motorcycling
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.
Be careful the next time you heckle a MotoGP rider on Twitter, because they might just respond. Such was the case when a fan chastised Lorenzo, who was upset about his performance during the Aragon GP. Catching the attention of Lorenzo, the fan promptly found himself on the wrong end of a retweet from the Spanish rider. Zinger! Thanks for the tip David!
Source: Jorge Lorenzo (Twitter)
UPDATE 3: Michel Fabrizio has signed-on with Alstare Suzuki team for 2011.
UPDATE 2: Leon Haslam has signed with the BMW Factory Squad.
UPDATE: It’s being reported that Noriyuki Haga has agreed to ride with the DFX team on a factory Aprilia RSV4, with an announcement delayed out of deference to Biaggi’s impending WSBK crowning.
While the MotoGP silly season is just starting to wind down, the World Superbike shuffling of riders is apparently just getting underway. So far this silly season we’ve seen , confirming that he’d be with Ten Kate Honda next season, despite being only two years into a three year contract, which was a strange announcement at the very least.
After Ducati’s little spat with Infront Motor Sports last month, the Xerox Ducati Team will be no more in 2011, leaving factory riders Michel Fabrizio and Noriyuki S.O.L. when it comes to gainful employment, which is where our fist batch of silly season rumors starts us. If Moto.it‘s Carlo Baldi is to be believed (he is the listed press officer for Althea Ducati after all), Haga will find himself on a satellite Aprilia ride, while Michel Fabrizio will go to Alstare Suzuki. If you’re a die-hard WSBK fan you may realize that means that current Alstare Suzuki star Leon Haslam must be finding work elsewhere, with Baldi putting the British rider in the factory BMW squad. Still with us?
After letting the cat out of the bag about the 2011 Aprilia Dorsoduro 1200, speculation almost immediately began about what other machines in the 2011 Aprilia line-up could be using the 1200cc mill as well. While we still await word on a Shiver 1200, the company from Noale seems set to debut a restart to its well-aged Tuareg line. Expected to be unveiled at the EICMA show later this year, the 2011 Aprilia Tuareg 1200 was hinted at by Roberto Colaninno, head of the Piaggio Group, during the company’s Milan HQ launch party.
Through an Enterprise Zone tax credit, the Wisconsin Department of Commerce has handed Harley-Davidson a $25 million tax break for coming to terms with its labor unions in the company’s Tomahawk and Monemonee Falls production facilities. In a move that saw , the Bar & Shield brand has disclosed to the SEC that the agreement will save the company $50 million in annual operating expenses, but not before the company writes off a one-time charge of $85 million in restructuring costs, which includes the severance packages for laid off workers.
Much of the talk about Valentino Rossi and his injuries have centered on the Italian’s leg, which was broken with a compound fracture at Mugello earlier this year. Despite causing Rossi to miss several races, the Italian’s biggest physical concern hasn’t been his leg, but instead his shoulder, which he injured in April while motocross training. The shoulder has been a lingering issue for Rossi ever since his return at Brno, which culminated this weekend with the Fiat-Yamaha team actually having to setup the M1 at Aragon to work around the injury.
With a lackluster performance this weekend, not to mention a disappointing return to GP racing in general, Rossi announced after Sunday’s race that he was considering having his shoulder operated on after the three fly-away races (Motegi, Sepang, and Phillip Island), which would effectively mean that the nine-time World Champion would miss MotoGP’s last two stops at Estoril and Valencia. )
This announcement is a big bombshell for the Yamaha camp, which could see its star rider, if we can still say that, again vacating from the team to heal his injuries. However again reading between the lines of the Italian, Rossi’s revelation this weekend has about as much to do with an injured shoulder as it does with putting pressure on Yamaha to release him from his contract in time to test the Ducati Desmosedici GP11 at Valencia.
UPDATE: Photos of the rear do seem to confirm that passenger pegs exist and fold underneath the tail section.
British magazine website in other photos. While the tank and headlight still have some camouflage covering them, we get an especially clearer look at the Diavel’s left-hand side, which looks to be production ready.
Showing a unique trellis frame by Ducati standards, the Diavel also has a very pronounced “chin” fairing that likely helps draw air onto a lower radiator. Covering the top radiator appears to be another fairing the features gill slits, again likely for drawing air-flow through the whole of the bike.
Perhaps the biggest revelation to come from looking at these new photos, is the noticeable absence of a pillion and passenger footpegs, which brings up the question as to whether the Ducati Diavel will be a single-rider ride. You make the call in the photos after the jump.
Interbrand, the leader in brand consultancy, ranks the Top 100 brands each year according to their brand value, with brands like Google, Coca-Cola, and McDonalds usually taking the top honors. Interbrand’s method looks at the ongoing investment and management of the brand as a business asset, and then assigns a dollar value to that asset.
In motorcycling no brand is worth more than the Bar & Shield of Harley-Davidson, and the Milwaukee-based company is an Interbrand 100 regular. Dropping nearly 24% of its brand value this year (the most out of all the Interbrand 100 companies), Harley-Davidson fell from 76th on 2009 rankings to 98th in 2010, losing over a billion dollars in brand value in the process.
Officially announced after today’s Aragon GP, Colin Edwards has signed-on with Monster Yamaha Tech3 for another year of racing with the satellite team. In what was Edwards’ 100th appearance on a Yamaha, the Texan had a disappointing finish, but has seen his best results while on the French team. Edwards will join his new teammate for next year, Cal Crutchlow, and help the British rider come up to speed on the 800cc Yamaha MotoGP bike, and the pair is highly favored to be the top satellite riders next season.
“I am delighted to have signed a new one-year contract with the Monster Yamaha Tech3 Team,” said the Texan Tornado. “I want to say a big thanks to Yamaha and to Tech3 for their unwavering support. I am honoured to continue my long and successful relationship with Yamaha, Herve Poncharal and all at Tech3. I love the team and feel like part of a big family and I’m thrilled that our adventure together is continuing next year.”