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April Fools

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We have talked a great deal about autonomous vehicles here at Asphalt & Rubber, but usually the focus of that discussion has been about how autonomous four-wheel vehicles will interact with non-autonomous two-wheeled vehicles.

The time was sure to come though when a motorcycle OEM played with the idea of autonomous motorcycles, and that time is now.

Releasing early details about its autonomous motorcycle program, Honda Motor Corp. is staggeringly close to making the act of riding a motorcycle as simple as selecting a destination, and holding on tight.

If you’ve already filed your 2014 tax return, you might want to make an addendum before April 15th, as the Internal Revenue Service (IRS) has made several last-minute exemption to the US Tax Code, one of which allows motorcyclists to claim up to $500 on a new helmet purchase as tax deductible.

The move comes about after a report by the Centers for Disease Control and Prevention released a study that suggested billions of dollars could be saved if all motorcyclists wore helmets.

Citing the efforts of groups like the  American Motorcyclist Association (AMA) whose anti-helmet political agenda has resonated the most with the same anti-tax libertarians who routinely fail to pay federal income taxes, the IRS has finally decided to fight fire with fire, and believes it has effectively found a way to bring a non-compliant tax group in line with the law.

The cause of Dani Pedrosa’s shock announcement that he will be withdrawing from racing temporarily to seek treatment for arm pump has finally been unearthed.

We have learned that in addition to seeking treatment for the medical condition, Pedrosa is headed to Austria, where he is to test KTM’s Moto3 machine ahead of a shock return to the junior class in 2016, in pursuit of a fourth world championship.

Pedrosa believes racing the lighter Moto3 bikes will allow him to avoid arm pump, and thus prolong his Grand Prix career.

Alongside racing for KTM in Moto3 in 2016, Pedrosa will help develop the Austrian manufacturer’s MotoGP prototype, ahead of its debut in 2017.

Another year, and another April Fools Day is in the bag. I am fairly certain that for journalists, April 1st is better than Christmas Day, as it marks the one day where media outlets make the news the wish they could report on daily. And as usual, the imaginations of the motorcycle media pool didn’t fail to disappoint.

David had a wonderful timely piece on Red Bull acquiring the media rights to the MotoGP Championship, ousting Dorna from its position as Bridgepoint Capital cashed out its position. Red Bull has of course had its own issues in the Formula One Championship, and with energy drinks being the new tobacco, the premise was at least plausible.

Speaking of tobacco, we also ran a story about California mandating tabacco-style warning labels for motorcycles, a nod to our more libertarian readers and their growing concerns of “freedom” on two-wheels. Thankfully this story was a complete fabrication and not grounded in any truth, though maybe unfortunately for some, so was David’s piece as well.

How about from the rest of the industry though? In case you missed them, the highlights of April Fools Day are after the jump.

Call it the ever-increasing nanny state, or maybe just blame the liberals in Sacramento who just can’t help themselves, but starting with all 2015 model year bike, motorcycles OEMs will have to affix tobacco-style warning labels to any motorcycle they wish to sell in the great State of California.

Passed this morning, SB 0401 cites the overwhelming statistical evidence that motorcycles are likely to lead to serious injury or death, which has prompted California State Surgeon General Avril Trompez, working with a consortium of Democrat California Senators, to write and pass a bill that would treat motorcycles more like cigarettes when it comes to warning of these “potential” dangers.

Red Bull are poised to make two dramatic announcements over the next two weekends, we can exclusively reveal. At next weekend’s Bahrain F1 race, the Austrian energy drink firm will announce its withdrawal from the premier four-wheeled racing series at the end of 2014.

A week later, at the Austin MotoGP round for which it is the title sponsor, Red Bull is to announce that it is to purchase Bridgepoint Capital’s remaining stake in MotoGP, and take over the running of the series.

Sources in the private finance industry with knowledge of the situation say that Bridgepoint has been looking to rid itself of its motorcycle racing business for some time. The private equity firm had acquired 71% of Dorna in 2006, at the peak of MotoGP’s popularity, reputedly for £400 million.

Since then, they have seen the value of their investment drop, and have been looking to get their money back from the deal ever since. The sale of a 39% stake in Dorna to the Canadian Pension Plan Investment board was the first step in recouping their investment.

That deal was rumored to be worth €400 million, or just over 70% of their initial outlay. Sources with knowledge of the situation say that Red Bull is to acquire the remaining 32% of Dorna for around €300 million , but with full control over the series.

April 1st is our most-favorite day of the year, as it is the Christmas Day for journalists far and wide — and like Christmas, it is better to give, than it is to receive. The motorcycle industry gives plenty on this day, and we thought we’d share with you the April Foolery that caught our attention this most glorious of days.

Here at Asphalt & Rubber, David’s fiction on the upcoming changes to the World Superbike Championship reigned supreme, and the bit about adventure-touring bikes replacing the World Supersport series was especially amusing.

We also got some interesting texts, emails, and comments about BRD’s new fund-raising plan, as well as the AMA Pro Racing’s supposed homologation of the Aprilia RSV4 Factory for supersport racing. We assure you that while they may mimic something close to what is possible in reality, neither stories are true…as far as we know.

How about from the rest of the industry though? In case you missed them, the highlights of April Fools Day are after the jump.

Looking to add more manufacturers to the traveling circus, AMA Pro Road Racing has homologated the Aprilia RSV4 Factory ABS for racing duty, though with one interesting caveat. Instead of giving the 999cc Italian V4 a birth in the AMA Pro Superbike class, the RSV4 Factory has been homologated instead to race in the AMA Pro Supersport.

With Aprilia USA lacking a 600cc machine and the budget necessary to race at the factory level in the Superbike class, AMA Pro Road Racing officials have come to a compromise with the Italian company on how it can enter the American road racing scene with its current equipment, and hopefully thus spur its sport bike sales.

Looking to close its Series A round of financing, San Francisco EV startup BRD Motorcycles has had to rethink its investor-appoach strategy, as the venture capital market in California has gone through a reset as a result of the past economic recession.

“It has been brutal this past year talking to investors,” explained BRD Motorcycles CEO Marc Finegstein. “In fact, it was actually easier to raise capital during the recession than it is currently right now. For the last few years, you just had to be bullish…you know, polish your PowerPoint deck, shift your paradigm, and make sure you were best in breed. But now, with all the bad paper that has been going through the market, the traditional funding sources have all but dried up.”

Countless dinners and evenings wasted, Fenegstein often returned to the office the next day with nothing to show for his hard work from the night before. Facing increasing production and development costs, it was clear that something had to change in the company’s funding strategy.

So, when asked what sort of measures BRD was taking to close its funding objectives for the Series A round, the young CEO exhaled slowly, sat back in his chair, and only hinted at BRD’s new investor-pitch strategy. “Let’s just say our funding strategy is more ‘hands on’ than it was before with our investment circle,” he said while staring blankly out his office window.

The news that Dorna had been handed control over the World Superbike series struck terror into the hearts of WSBK fans around the globe. The fear was Dorna would use its position of controlling both World Superbikes and MotoGP to widen the technical gap between the two series in an attempt to cut costs.

With Dorna having so often complained that World Superbikes was encroaching on MotoGP territory, and with MotoGP’s technical regulations becoming ever more restrictive, the logical step would appear to be to severely restrict the level of machinery used in WSBK.

Over the winter, and during the first round of the 2013 World Superbike series, talks between Dorna, the Superbike teams, and the manufacturers involved in the series failed to make much headway. The factories could not agree among themselves what level of modification to allow, while the teams were unimpressed by Dorna’s demands that a WSBK machine should cost 250,000 euros a season, stating that the money saved in the bike would only be spent elsewhere.

Talks had continued at the IRTA test at Jerez, with Dorna’s new World Superbike boss Javier Alonso present, and engaged in private discussions with the bosses of HRC, Shuhei Nakomoto, Yamaha Motor Racing, Shigeto Kitegawa, and Ducati Corse, Bernhard Gobmeier.

We have learned that since then, further telephone discussions have taken place with Kawasaki boss Ichiro Yoda and Suzuki’s Shinichi Sahara, while Alonso had previously spoken to Aprilia Corse boss Gigi Dall’Igna at the Jerez circuit, during their test there.

We must have missed this April Fools render done by Luca Bar Design for the Italian site MotorBox, as Luca has once again flexed his skills with the pixels with his vision for motorcycles. Drawing on the idea that Honda would update its sport-touring line with a new version of the half-faired CBF1000, Bar explains that he has already been pondering the idea of an update for Honda before being set to his task of penning an April Fools bike.