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Jensen Beeler

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Lightning Motorcycles is still on the salt flats at Bonneville, looking for the ultimate in speed on an electric motorcycle.

After already on Sunday setting the fastest speed recorded for any electric motorcycle, the Lightning crew set back to work on crushing its own 206.079 mph land speed record.

Posting a 214.209 mph speed yesterday, Paul Thede had to once again back up the team’s accomplishment with another wicked fast run today, in order to get into the record books.

Battling gusty cross-breezes, Thede put in an astonishing palindromic 217.712 mph time to set another LSR for Lightning, which officially comes in at 215.907 mph in the APS-? class.

News comes to us from across the Bay this morning, as Mission Motors has announced that it has closed a $9 million Series B financing round led by Warbug Pincus. A global private equity firm with $30 billion in assets under management, Warbug Pincus invested $7.5 million in Mission Motors (with room up to an additional $41 million), while Infield Capital, one of Mission’s original investors, doubled-dipped back into the company, presumably with the remaining $1.5 million for the series.

The use of funds will go towards Mission Motors’s continued venture of supplying OEM customers with electric and hybrid drive train solutions — an exclusive endeavor the company has been undertaking for over a year now, but apparently something the less-informed motorcycle press is only now taking notice of today.

Claudio Castiglioni, President of MV Agusta, passed away this morning in Varese, Italy at the age of 64. In a statement from MV Agusta, the company says that Castiglioni succumed from an unnamed illness while attending a clinic in Varese. Over the course of his career, Castiglioni touched such esteemed brands as Ducati, Cagiva, Husqvarna, and of course MV Agusta. His most recent accomplishment was bringing MV back into Italian ownership, in an act of business acumen that saw Harley-Davidson actually pay Castiglioni €20 million to take back the recent refurbished company.

Head of Ducati Corse, Filippo Preziosi is a busy man under regular circumstances, and with the shenanigans going on in Ducati Corse’s MotoGP team right now, the former motorcycle racer is a hard man to get a word with, let alone on a race weekend in Brno. Somehow catching up with Preziosi during MotoGP’s Brno test, our friend David Emmett at MotoMatters, along with several other journalists, sat down with Ducati’s Maestro of MotoGP to ask him about where the Italian team was headed, and the challenges it is currently facing.

There is of course a tremendous amount of chatter going on in the MotoGP paddock about Ducati’s “frameless” carbon fiber chassis, a switch to an aluminum twin-spar frame, the Bridgestone tires, and Valentino Rossi’s psyche, all of which Emmett has already summarized for us in his detailed analysis of Ducati Corse’s situation. Taking on all of these issues, Preziosi sheds some insight on what is going on behind the scenes at Ducati, and is candid about what issues they are and are not facing.

Dismissing out right that the “L” engine configuration is at least partially to blame for Desmosedici’s lack of front-end feel, one of the more interesting points Preziosi makes is his preference for the v-twin motor. Acknowledging that the package will perhaps make less power/torque than a four-cylinder, Preziosi opts for instead the two-cylinder’s rideability, and if the rules allowed it, the motor’s weight advantage over the inlines (this of course coming from a man who has figured out how to make a v-twin without the weight of a traditional frame).

His comments raise some interesting thoughts about the way rules are constructed in motorcycle racing classes, and perhaps speaks to the central issue occurring MotoGP: that the rules are pigeonholing the development of GP motorcycles into one particular slot, that just happens to be a four-cylinder motorcycle with a conventional frame that reacts to a prescribed tire construction methodology. Preziosi makes some other interesting comments that read well between the lines, check them out in transcribed interview after the jump.

AMA Daytona Sportbike / American Superbike racer J.D. Beach has snagged himself a Moto2 ride at the Indianapolis GP, riding with the Aeroport de Castello/Cartellon Mediterraneo Blumaq team. Beach will be on board the FTR M211 Moto2 bike, prepared by the company’s US Distributor GP Tech. Unlike last year where Roger Lee Hayden rode the Moriwaki MD600 Moto2 bike for American Honda’s entry, Beach will not be considered a wild card entry. Instead, the former AMA Pro SuperSport East Champion will be considered a substitute rider, filling-in presumably for Tommaso Lorenzetti.

Sometimes when reading the posts made on other motorcycle sites, or the comments by readers across the web, I don’t think there is a full grasp as to how bad the recession was for the motorcycle industry. Granted company’s like Ducati, BMW, and Victory have shown remarkable growth in a down period, but their success, though due in-part to the failures of Harley-Davidson and the Japanese manufacturers, is limited on its bearing to the industry as a whole. This because, quite frankly, these companies comprise only a small portion of the industry’s sales, units, and revenue.

The fact that Harley-Davidson was so close to the brink that they dumped everything outside of its core business is but one sign that motorcycling was in trouble. Another sign would be that Suzuki reportedly didn’t import any new units for the 2010 model years, instead letting local inventories in the US handle the dwindling demand for the company’s motorcycles. The fact that the motorcycle industry as whole almost folded-up on itself like a tin can without anyone making a real fuss about it is perhaps a great signal as to how far various stakeholders heads are buried in the sand. So for our last attempt to put things into perspective, try this one on for size:

For the first time in nearly three years, Suzuki’s motorcycle division has posted a profit…or, the last time Suzuki made money selling motorcycles was Q2 2008 (the same timeframe that Bill Gates stepped down from his daily duties at Microsoft).

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.

News from the salt flats is that Lightning Motorcycles was successful in achieving a land speed record for electric motorcycles. Making a pass of 206.981 mph during Sunday’s sessions, the speed averaged from Saturday’s pass of 205.238 mph creates a land speed record of 206.079 mph for electric motorcycles (class APS-?). As a capper to the weekend, the Lightning team posted a top speed of 208.386 mph through the speed trap on its record run, showing that the “Flying Banana Mk. II” (as we like to call it) had a bit more pep left in it during its run.

With yesterday’s race out of the way, MotoGP’s riders spent their Monday back at the Cardion AB circuit in Brno, testing their 800cc & 1,000cc machines. While we’ve already seen the 2012 Honda RC213V and the Ducati Desmosedici GP12, making its first public appearance was the 2012 Yamaha YZR-M1. Both Jorge Lorenzo and Ben Spies tested the new M1 at Brno; and additionally, the duo also put in laps on their current M1 machinery, which received a more powerful version of their 800cc motor.

With both Yamaha riders happy with the upgraded motor on the 800cc machine, and the package coming together for 2012, Yamaha’s reintroduction into 1,000cc racing can be marked down as a success. However, it was Casey Stoner on his RC213V, with its newly revised chassis for Brno, that was fastest for the day, and easily surpassing Dani Pedrosa’s qualifying time from Saturday during the test.

Also making progress was Mika Kallio on the Suter CRT machine with its BMW motor. The claiming rule team (CRT) has clearly made some improvements, being only 4.3 seconds down on Stoner’s time. Suter still has a long way to go, but can walk away from Brno having saved more face than they did at Mugello a few months ago.

The weather continued to shine on Brno for the Czech GP (we’ll see if it holds off for Monday’s 1,000 bike test), as the MotoGP riders geared-up for one of the paddock’s favorite circuits on the calendar. With MotoGP dodging a bullet on what’s been a rain-filled season, Dani Pedrosa, Jorge Lorenzo, and Casey Stoner lead the 17 rider grid with their front-row qualifying lap times. While Pedrosa seemed to be uncatchable all week long, Lorenzo and Stoner seemed up to the task of at least being road blocks to the flying Spaniard, and in the process grasp some desperately needed strong finishes for the Championship title.

With precious Championship points on the line, Brno held the possibility for several riders to mount their assault on the leader board, including third-row starter Andrea Dovizioso. For Stoner on the other hand, the Czech GP was an opportunity to put some breathing room between himself and the competition, especially as the Australian considers whether he will forgo the Japanese GP round at Motegi later this October, surely losing position on the Championship in the process. With so much riding on their performance at Brno, MotoGP racing didn’t disappoint in this well-fought race.

We just got a phone call from Richard Hatfield of Lightning Motorcycles saying that the “Flying Banana Mk. II” just put down a 205.238 mph pass at the Southern California Timing Associations’ Speed Week at Bonneville. This pass makes Lightning the first electric motorcycle manufacturer/competitor ever to break the 200 mph mark, whether it be on the tarmac or at the salt flats. If verified during tomorrow’s second pass, the speed would shatter the outright land speed record of 176.434mph, which was set by Riches Nelson and his fully-streamlined Airtech Lightning Bolt electric motorcycle.

Lightning currently holds the AMA and FIM land speed records for the APS-? LSR class (A=special chassis, PS=partially streamlined, ?=electric) for electric motorcycles weighing between 150kg and 300kg, after Paul Thede (of Race-Tech fame) took the Flying Banana Mk. I to 173.321 mph at Bonneville last year. This year according to SCTA protocols, Lightning’s bike has been impounded for the night, and the team will have another run tomorrow to solidify its record. The average of those two speeds will then stand as Lightning’s official speed, and if everything goes according to plan, Lightning will have raised the LSR mark for electric motorcycles into the 200 mph bracket.