World Ducati Week 2018 was this past weekend, and the event saw 90,000 people show up at the Misano World Circuit (for reference, about 150,000 fans show up to the race track on a MotoGP weekend).
While there is plenty at the race track for loyal Ducatisti to see, the crown jewel of WDW2018 was the Race of Champions, which saw a number of Ducati riders battling in sprint race, on race-prepped Ducati Panigale V4 S superbikes.
If seeing riders like Andrea Dovizioso, Marco Melandri, and Troy Bayliss banging bars wasn’t enough for you, the liveries on the Panigale V4 race bikes were truly eye-catching.
Wisely, Ducati is making these 12 special machines available, in a public auction on eBay, which will go until 6pm (CET) on Saturday, July 28th.
EBR Motorcycles is set for another go at this liquidation thing, with its owners Liquid Asset Partners having put the company and its assets on the auctioning block once again. Loyal readers will remember that Liquid Asset Partners bought Erik Buell Racing last year, with public plans to restart the brand. That activity never really moved beyond assembling a few motorcycles that were still languishing on the production line, while LAP looked for other investors in the company. Now confirming what we long expected to be the final outcome, Liquid Asset Partners is chopping up EBR Motorcycles once again – looking to sell the brand’s remaining assets, including the brand itself.
Don’t believe everything you read on the internet today. Much like the spirit of its riders, Erik Buell Racing refuses to go quietly into that good night. After two failed receivership auctions, the brand has now been acquired for $2.05 million via a third auction held Wednesday, and seems set for another revival. The winning party of this latest auction is the same winner from the second auction, Liquid Asset Partners – the same company that liquidated Buell Motorcycles when it was shutdown by Harley-Davidson, which makes for some interesting trivia. Walworth County Circuit Judge Phillip Koss approved the winning bid today, despite a similar bid from Bruce Belfer, the first auction winner.
The receivership of Erik Buell Racing continues to go on, as the company’s second round on the auction block ended with no fruitful resolution. It was hoped that Monday would see the announcement of a Erik Buell Racing’s new owner, after the auction on Thursday seemed to show that a new bidder, Liquid Asset Partners LLC, had snatched up the American motorcycle effort and had plans to liquidate EBR’s assets. However, it appears that the winning bid on Erik Buell Racing’s liquid assets has been contested by previous auction-winner Bruce Belfer and potential-bidder US Heritage Powersport. Accordingly, a new date in court set for January 14th, 2016 and formal motions to be submitted by January 4th, 2016.
The situation around Erik Buell Racing is rapidly becoming comical, as the American motorcycle brand is headed back to auction, after its sale to Bruce Belfer failed to close. The Milwaukee Journal-Sentinel reports that Erik Buell Racing will go back to the auctioning block on December 10th, because Belfer was unable to secure financing on his $2.25 million purchase price for Erik Buell Racing. As has become the trend among Buell-loyalists, Belfer blames Hero MotoCorp for the failure of his deal to close. “They (Hero) went in before we closed and started to remove things, to the point where an entire warehouse was moved,” Belfer said to the Milwaukee Journal-Sentinel.
It’s official, Erik Buell Racing has been sold. The East Troy company went up for auction yesterday, and the Walworth County Circuit Court today put its rubber stamp on the winning bid of $2.25 million, made by Atlantic Metals LLC. In its bid, Atlantic Metals acquired all of EBR’s manufacturing assets (machines, parts, tools, etc), as well as the company’s intangible assets (trademarks, patents, databases, etc). Atlantic is acquiring these items with no contingencies, per the terms of the auction. Between the tangible and intangible assets purchased by Atlantic and the consulting working acquired by Hero MotoCorp, EBR’s receivership proceedings raised a little over $5 million. Former EBR employees will be first in line to reap that amount, getting the $202,000 in paid time off that they are owed.
After shutting its doors, and putting the company into receivership, the legal process for Erik Buell Racing is moving right along, with a date now scheduled for the sale of the company’s assets. Slotted to take place on July 21st, potential buyers will be able to bid on EBR’s assets, in bulk. All winning bids are of course subject to court approval, which will be granted/not granted quickly after the auction, on July 23rd. This means that items like EBR’s unsold motorcycles, leftover parts inventory, intellectual property, etc have been grouped together, to raise money to satisfy Erik Buell Racing’s debts to creditors. As such, the sale is considered to be a going-concern, meaning that the sale is meant to factor in the value of Erik Buell Racing as a business, and not just as a collection of assets.
A failed experiment, it may have been, but one good thing to come from the Claiming Rule Team (CRT) regulations in MotoGP was the ability for private teams to own the GP machines they were racing, rather than be victim to the lease programs imposed by the factories. As a result, from time-to-time we get to see these truly special motorbikes come on the market, and today is one such occasion. Listed for sale on eBay is the Forward Racing’s Kawasaki-FTR race bike that was campaigned by Colin Edwards during the 2013 MotoGP season. With a dry weight of 157 kg (346 lbs), and a peak horsepower figure of 245+ horsepower at the crank, this might be the ultimate Kawasaki on the market.
Ever heard of Guardian Bells? They are these little novelty bells that you affix to your motorcycle to ward off “Evil Road Spirits.” You know, because nothing terrifies demonic spirits more than a little tinkle from the back end of your v-twin.
Well whoever was the marketing “genius” behind the Guardian Bell has nothing on the hustle of Pope Francis. The current leader of the Catholic Church, and champion of the oppressed and downtrodden, recently sent his signed 2013 Harley-Davidson Dyna Super Glide to auction along with its companion leather jacket.
So what is a papal-blessed cruiser worth? The bike and jacket sold for roughly $329,000 at auction in Paris at the Bonhams auction house.
If you haven’t heard of Riders for Health, it is the official charity of MotoGP, and also happens to be Asphalt & Rubber‘s favorite cause to support. While many in the MotoGP paddock have given endless amounts of support to Riders for Health, one standout supporter of this great cause is Valentino Rossi. During last Thursday’s rider auction, Rossi helped to raise £13,250 in just 20 minutes with nine items, which included a unique clay hand print, knee sliders, and the baseball hat he wore onto the stage. In total, the auction raised £77,090 for Riders, making Rossi’s star power account for over 17% of the money raised.
It is pretty rare that a mere mortal can buy an actual MotoGP race bike, since at best machines of this caliber end up under lock & key in a museum somewhere, or at worse, in various pieces in the race department’s dumpster. But available directly from Ducati Corse at RM Auction’s Monaco event, lucky bidders will have a chance at buyingCasey Stoner’s race-winning Ducati Desmosedici GP10 and Valentino Rossi’s ill-fated Ducati Desmosedici GP11.