News

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.

Bikes

The 2006 Yamaha YZF-R1 LE livery, which was a yellow, black, and white homage to Kenny Roberts Sr., is perhaps the greatest livery ever to adorn an R1, straight from the Yamaha factory. Whether you are a loyal subject of King Kenny, or you just enjoy the fetching, yet simple, racing design, the Roberts livery is a treasure to see in any form — but especially so at speed. Giving us a glimpse as to what the 2015 Yamaha YZF-R1 would look like with such a limited edition paint scheme, Oberdan Bezzi has once again whet our appetite ahead of a weekend full of riding. And for you Giacomo Agostini fans, there is something special waiting for you after the jump as well. Enjoy!