The prospects of both MotoGP and World Superbikes visiting Wales took a step closer yesterday. Dorna CEO Carmelo Ezpeleta and Events Managing Director Javier Alonso flew to the UK earlier this week for a series of meetings about the proposed Circuit of Wales, a new facility that is to be built near Ebbw Vale, in South Wales. The Dorna bosses met with several key figures involved in the project, including Lord Kinnock, former UK Labour Party leader and now ambassador for the circuit, and Welsh Minister for Business, Enterprise, Technology, and Science Edwina Hart.
Ezpeleta and Alonso also met with media, including MCN and local newsorganizations. Ezpeleta expressed how impressed he had been with the plans for the facility, which include an FIM and FIA approved race track, a motocross track, a karting track, as well a technology park, hotel facilities, and a motor sports racing academy, aimed at providing training for young riders and drivers.
Coming off the third-straight record year for Polaris, CEO Scott Wine has just gotten a resounding vote of confidence from the company’s Board of Directors, and has been elected to Chairman of the Board at Polaris Industries. Wine replaces former-Chairman Greg Palen, who had served in the position of chairman for 11 of his 20 years on Polaris’ Board of Directors.
“I would like to congratulate Scott on his election to serve in the additional capacity of Chairman of the Board,” said Palen. “Under his leadership, Polaris has delivered consistent and profitable growth while successfully executing the company’s ambitious strategy, generating record results and shareholder returns.”
Aprilia is getting serious with its sport bike offerings here in the United States, as we just got an email from Aprilia USA announcing massive price reductions on its 2012 model year Aprilia Tuono V4 R, Aprilia RSV4 R APRC, and Aprilia RSV4 Factory APRC, to the tune of $2,000, $3,000, and $4,000 respectively. That’s right, you can get a Tuono V4 R for $12,999, an RSV4 R APRC for $13,999, and an RSV4 Factory APRC for $18,999 MSRP. Boom goes the dynamite.
Correction: The article originally stated that the price for the RS13 was €34,900, when it is in fact €134,900. And for the love of god, don’t call Ducati Corse trying to buy one. They won’t sell a Rs13 to you.
Unless your name rhymes with Tarlos Techa, the chances of you owning a Ducati 1199 Panigale RS13 are non-existent. The professional racer-only version of the Ducati 1199 Panigale R, the Panigale RS13 is stripped of all the lights, mirrors, reflectors, and other assorted running gear that you would need to pass an inspection from the DOT, and becomes a motorcycle solely dedicated to the art of going fast.
Before any comparisons are made, it is important to note that the Ducati 1199 Panigale RS13 is not exactly what ends up on the starting grid on any given Sunday, but instead is the starting point for each racing team’s development program, which sees the end result often being a 200+ hp monster on two wheels.
Getting one isn’t cheap though, as the price tag is pegged at a cool €134,900 ($180,500). A hefty price increase over the street-going Panigale R, though with all the added suspension, brakes, wheels, etc that come with the RS13 race bike, the price seems somewhat reasonable — if you can say such a thing about a nearly $180,500 motorcycle.
Calling it a “strategic realignment” for BMW Motorrad, the BMW Group has confirmed the rumors and sold Husqvarna Motorcycles to Pierer Industrie AG, the holding company of KTM CEO Stefan Pierer. Saying the parties would not disclose the terms or purchase price of the transaction, the press release from BMW Motorrad was surprisingly light on any actual information.
Touting BMW’s commitment to urban mobility and electric vehicles, the German company will now focus solely on the BMW Motorrad brand. With reports saying that BMW Motorrad will not venture back into the dirt bike market, the company will maintain its on-road focus for the foreseeable future.
Ignite Asset Management is a new name in the MotoGP paddock’s lexicon, as well as the new sponsor of Ducati’s “junior” team. While each year sponsors come and go, Ignite is a bit different from the usual batch of names plastered on the side of a GP bike, and the investment firm is getting some interesting play in the otherwise unassuming motorcycle world.
If you are not sure what an “alternative asset management” investing firm happens to be, then the American company’s self-description as a “management firm led by a group of hedge fund industry veterans and supported by private investors that are driven by the undiscovered alpha” is going to really leave you really wondering what slicks-back the hair on these Wall Street types.
Boiled down to its essence, an alpha represents the ratio of an investments and measure how sizable a return was in relation to measured risk. A positive alpha coefficient signals that an investment was good not only in its return, but also in its risk management. Investors are always talking about “seeking alpha” and here Ignite is touting its professional ability of finding the diamond in the rough — standard Wall Street Napoleon Complex stuff.
So then, how does a company like Ignite Asset Management enter into a sport where the running joke about how to make $10 million dollars is to start with $100 million?
Helped by a strong fourth quarter, Harley-Davidson is reporting signs of growth for 2012, with the company’s global sales again up 6.2% over the figures from last year. With sales up 6.6% in the United States, and 5.6% abroad, Harley-Davidson sold 249,849 motorcycles in 2012, and those sales figures translated onto the balance sheet into a 6% growth in revenue ($4.9 billion) and a 4% increase in net income ($623 million).
“Thanks to the outstanding efforts of our employees, dealers and suppliers, Harley-Davidson achieved its growth and restructuring goals in 2012,” said CEO Keith Wandell. “The ambitious restructuring of our manufacturing operations, aimed at delivering better responsiveness for customers and greater operating efficiency, is now largely behind us.”
Our riding brethren across the pond have all the luck, as we learn of another cool motorcycle production that will be hitting the British airwaves: TT Legends. An eight-part documentary series that will cover the Honda TT Legends team throughout the 2012 season, TT Legends looks like a cracking good watch, if the trailer (after the jump) is any indication.
Following John McGuinness, Cameron Donald, and Simon Andrews behind the scenes at six events, we get a unique perspective at some of the World Endurance Championship’s best venues like the Bol d’Or, Suzuka 8-Hour, and Le Mans, as well at the Isle of Man TT and North West 200. In addition to the racing footage, TT Legends also shows the stories off the track, as the riders prepare themselves physically, and mentally for the racing season.
With the 30-minute premiere showing on ITV4 at 8.30pm on Monday, February 4th, there is no word if the documentary will find its way into North America, though we imagine the internet might help in that regard. Check out the trailer after the jump.
The Brits over at MCN broke the news last night that Husqvarna was about to be acquired by KTM. Since M&A’s are a rarity in this industry, the news was certainly interesting, but given that the beleaguered Husqvarna brand has been such a pox on BMW Motorrad with its dwindling dirt bike sales, and that the German company has been embroiled in trying to transition the Italian-based Swedish brand into the on-road segment, now seems a peculiar time for the BMW Group to unload Husqvarna…or that anyone would even be interested in purchasing the company.
A hallmark of both the African and South American varieties of the Dakar Rally, ask any of the competitors in the 2013 Dakar Rally about what the Arabians call fesh fesh, and you may see their faces turn as ashen as the material in your inquiry.
A very fine and light powdery substance, fesh fesh in large enough quantities can spell instant disaster for an adventure rider or rally racer, as it plumes can quickly obscure the vision, and its quicksand-like properties can instantly envelope tires that tread too deeply or too slowly.
The byproduct of countless years of the erosion process, fesh fesh is sand that has been worn down from its typical granular size, into a dust-like particle that closely resembles talcum powder. When layered thinly on hard rock, fesh fesh can be as slippery as ice, and when accumulated in deep pits, fesh fesh is essentially quicksand, minus the water.
If you haven’t seen TT3D: Closer to the Edge, the documentary about the Isle of Man TT, then you owe it to yourself to beg, borrow, or steal a copy for your viewing pleasure (we enjoyed it greatly at our viewing at the Isle of Man). A follow-up to that venerable film (no, not this), from the Isle of Man comes Grand Prix Racer, a documentary that covers that other race over the Snaefell Mountain Course: the Manx Grand Prix.
Originally a race for amateurs that was designed to help introduce them to the TT, the Manx GP runs on the same 37 mile course as the TT and uses the same time trial format. Building its regulations to cater to older machinery, the Manx Grand Prix has just recently gone through a brand and format restructuring to make it more of a “Classic TT” event, helping differentiate the autumn race from its summer counterpart.
The restructuring is surely due to the hope by the Isle of Man government to make the Manx Grand Prix as much of a headline and destination event for motorcycle enthusiasts as the TT, and to aid in that effort the island nation has, followed-up the progress made by TT3D by producing Grand Prix Racer.
With a one-hour version of the film set to air on Britain’s ITV4 network on Tuesday, February 5th at 8pm, the film will also be made available to international broadcasters (cross your fingers America). A DVD of the film will be available March 4th. Check the trailer out after the jump.