Up-Close with the Krämer HKR EVO2 R

If I said that there was an 81hp track bike that weighed less than 280 lbs ready to race, would that be something you’d be interested in? If so, say hello to the Krämer HKR EVO2, a purpose-built track bike from Germany. Built around KTM’s 690cc single-cylinder engine, which is found in KTM 690 Duke and Husqvarna’s 701 series of bikes, the Krämer HKR EVO2 features a bespoke steel-trellis chassis, custom bodywork, and a host of top-shelf components. The real tasty part about the Krämer HKR EVO2 though is the attention to detail and the purposefulness of its design – take for instance the 12-liter XPE plastic fuel tank that doubles as a subframe, which has integrated crash sliders, and a sighting hole for easy adjustment of the rear shock damping.

Motorcycle Sales in Europe Show Strong Growth

Motorcycle sales in the United States might be tanking, but things are looking fairly positive across the pond in Europe, as the ACEM reports a 4.7% increase in motorcycle sales for Q1 2018, for a total of 203,853 units sold in the first three months of this year. The increase in sales is due to key markets like France (+9.1%), Germany (+1.9%), and the UK (+7.4%) showing good growth, compared to Q1 2017. However, not all the European countries are showing increases in motorcycle sales, with the Czech Republic (-17.3%), Poland (-28.7%), and Austria (-18.9%) pulling the sales growth figure down considerably. Not all segments are growing too. While the big bikes are seeing sales increases, European sales for mopeds are down considerably for Q1 2018 (40.2%), to the tune of a 24,996 unit sales decline over last year.

This Week’s Honda V4 Superbike Rumor

I have to admit, this rumor is more than a week old, as Japanese magazine Young Machine breathed new life into the Honda V4 superbike rumor mill about a month ago. And of course, the reality is that this rumor is much, much older than this tiny fraction of time. If you know your motorcycle news history, talk of a Honda V4 replacement for the CBR1000RR line has existed for almost two decades now…but hey, a broken clock is correct twice a day, right? So what is new from the Land of the Rising sun that we haven’t heard before? The big eye-catching component to this story is that Honda has/had a two-stage upgrade path for the CBR1000RR, of which we are about to see the second phase.

Official: Alta Motors Racing at the 2018 Erzberg Rodeo

We broke the story yesterday, but today the news is officially official: Alta Motors will race in the 2018 Ezerberg Rodeo, which is part of the Red Bull Hard Enduro series. The most grueling and difficult single-day event in motorcycle racing, the Erzberg Rodeo sees 1,500 entires whittled down into what is usually a single-digit summation of race-finishers – and not every year sees a racer cross the finish line – that’s how tough this race is. Racing for Alta Motors will be Ty Tremaine and Lyndon Poskitt, two riders with a lot of off-road experience. For those who don’t recognize those names, Tremaine is currently racing with Alta in the 2018 AMA EnduroCross series, meanwhile Poskitt has previously competed in a number of enduro events, including the Ezberg Rodeo, and most notably just soloed the 2018 Dakar Rally to completion. 

Come Drool Over SERT’s All New Endurance Race Bike

The winningest team in the FIM Endurance World Championship, the Suzuki Endurance Racing Team is the standard by which other endurance teams are measured…and that is a measuring stick that has seen a lot of use in recent seasons. This is because the FIM EWC is a hot bed for competition right now, with a bevy of factory-backed teams capable of winning on any race weekend. This has made it tough for SERT, and its riders Vincent Philippe, Etienne Masson, and Gregg Black, who currently sit sixth in the 2018 FIM Endurance World Championship standings. For this season, SERT hopes that a new racing platform will make the difference, as the French team has finally jumped onboard with the current-generation Suzuki GSX-R1000.

Johann Zarco Signs Two-Year Deal with KTM

One of the biggest dominoes of the 2018 MotoGP Silly Season has just fallen into place. Today, KTM announced that they have signed Johann Zarco to a two-year contract for the 2019 and 2020 seasons. That Zarco would leave the Monster Yamaha Tech3 squad had been widely anticipated, the only question being which factory team he would end up in. The Frenchman was an extremely hot property, after displaying blistering speed on the satellite Yamaha M1 in 2017. Zarco had offers from Suzuki, Repsol Honda, and KTM, though only Honda and KTM were in the frame for the Frenchman. Zarco and his management were still unhappy with the way Suzuki had treated the Frenchman, after the Japanese factory failed to honor a pre-contract Zarco had signed ahead of the 2017 season, choosing Alex Rins instead.

The Ducati Panigale V4 Gets Its First Two Recalls

New model teething issues are always a reality, and it seems that the Ducati Panigale V4 is no exception to the rule. Finding not one, but two issues with the Panigale V4’s fueling system, Italy’s newest superbike is being recalled in the United States. Both recalls seem to affect the full-lot of Panigale V4 models that have made it to US soil thus far this year, which means 692 units (base, S, and Special trim levels) are being recalled for two issues related to the bike’s fuel system. As such, the first recall centers around the breathing system valve plug on the Panigale V4, which might have a fuel leak if the O-ring was damaged during production. Accordingly, the second recall involves the fuel tank cap, which can spray gas when opened, because again of breathing issues within the fuel system.

Are BMW’s Heritage Models Finally Done?

Has BMW Motorrad called it quits for its heritage lineup of motorcycles? That is the rumor at least, and there is some good evidence to support the notion. This is because buried on the 60th turn of BMW’s 260-page annual report for 2017 is the headline: “R nineT family now complete” – a nod that the German brand’s lineup of air-cooled retro-styled motorcycles has reached its zenith and logical conclusion. That makes sense, since there isn’t really a category left of the R nineT family to explore. It has a roadster, a standard, a scrambler, an adventure bike, and a café racer model all in the lineup. No hipster stone has been left unturned. The post-authentic styling trend is over. It’s dead. BMW called it, right? Well…Not so fast.

Up-Close with the 2018 Aprilia RSV4 RF LE

At the Grand Prix of the Americas, Aprilia USA debuted a special new superbike for the 2018 model year, the Aprilia RSV4 RF LE. Limited to only 125 units for North America (100 for the USA, 25 for Canada), the big feature of the 2018 Aprilia RSV4 RF LE is the bike’s fairing winglets, which draw from Aprilia Racing’s aerodynamic progress in the MotoGP Championship. Getting a chance to see the new Aprilia RSV4 RF LE in the flesh while in Texas, we grabbed some up-close photos of this limited edition RSV4, for your viewing pleasure, along with some other details. Aprilia’s wings are an interesting development, and a brave new world for production superbike design. For its part too, it seems that Aprilia isn’t quite sure what to make of the development as well, offering us two narratives for the winglets.

BMW Shows Off 3D Printed BMW S1000RR Frame

Ultimately, I think we are going to come back to this story several times over the next few weeks, as there is so much going on here, from such a simple thing, that one story just won’t do it all justice. To start things off though, let’s look at the basics…as the BMW Group recently hosted what it called the BMW Group Digital Day 2018, which was basically a showcase for all the cool technologies that the Bavarians are using to create a digital frontier that will reshape the human condition. Most of the technology concerns BMW’s automotive business, but there was one little tidbit that could be of interest for motorcycle fans: the 3D printed frame for a BMW S1000RR superbike. Built using additive manufacturing technology, a chassis is created a computer file and metal dust.

What We Are Reading – The Money Racing Edition

05/14/2018 @ 7:53 pm, by Jensen BeelerADD COMMENTS

It has been a busy month since our inaugural edition of “What We’re Reading” column, so there is plenty to catch-up on reading-wise. Again, our reading list spans stories that go between the motorcycle industry and also non-endemic media outlets.

This edition focuses heavily on the racing world, and in it we get a glimpse into the world of the MotoGP Championship, from the riders’ perspective. We also see what’s happening in the automotive industry, as well as the media landscape as a whole.

Many of our stories can be brought back to the motorcycle industry, as our industry faces analogous problems to other sectors. Of course, some of the pieces made our list simply because I thought they were interesting and thought-provoking.

Part clearinghouse for stories that we will never get our full attention, and part book club for our loyal readers who are doing their best to survive the work day, say hello to the next installment of the “What We’re Reading” column series.

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MAG Concludes Chapter 11 Proceedings

04/06/2018 @ 3:04 pm, by Jensen BeelerADD COMMENTS

The Motorsport Aftermarket Group (MAG) announced that it has successfully concluded its Chapter 11 proceedings, after the bankruptcy court accepted the company’s plan for reorganization and debt recapitalization.

As a result of the bankruptcy process, MAG is under new ownership, with creditors Monomoy Capital Partners, BlueMountain Capital, and Contrarian Partners now in control of the massive motorcycle parts, apparel, and commerce conglomerate.

For those who don’t recall, MAG entered Chapter 11 back in November 2017, with the debts of the company spreading out through the group’s many owned brands. 

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MAG Files for Chapter 11

11/16/2017 @ 1:14 am, by Jensen BeelerADD COMMENTS

The Motorsport Aftermarket Group (MAG) is not a name that motorcycle enthusiasts are usually familiar with, but the family of brands that the company owns certainly is: Performance Machine wheels, Renthal handlebars, Vance & Hines exhausts, Tucker Rocky, J&P Cycles, etc.

The network of brands has been struggling over the recent years though, and today we learn that many of them will be filing for Chapter 11 bankruptcy, while the overarching MAG Group business restructures its debt and finds new ownership.

While this is not the sexiest news story to happen in the motorcycle industry this year, it is certainly one of the most important and complicated. As such, we will try to break it down in a digestible way for you.

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Investors Leveraging MotoGP for Sizable Payout

04/12/2017 @ 2:09 pm, by Jensen Beeler17 COMMENTS

According to several reports in the financial sector, the investors behind Dorna Sports S.L. are readying themselves for another sizable payout from the media rights holder for the MotoGP and WorldSBK Championships.

Using a bit of financial finesse, the move would see Bridgepoint Capital and the Canada Pension Plan Investment Board (CPPIB) – the two major investors in Dorna Sports – taking roughly €889 million off the books of the Spanish media company, according to Reuters.

As such, today’s news would make this the third time that Bridgepoint and the CPPIB have raided the piggy bank for motorcycling’s premier racing series, having done similar deals in 2011 (€420 million) and 2014 (€715 million).

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The future of MV Agusta has hinged on a crucial court decision for the past five months now – one that would allow the Italian motorcycle brand to restructure its debt, thus reducing its financial liabilities and freeing up a greater portion of its cash flow for continued production.

News comes today from Varese, Italy that a local court has approved MV Agusta’s new business plan, and allowed the motorcycle manufacturer to restructure its debts with creditors and suppliers.

This is positive news for MV Agusta, and it sets in motion a number of possibilities for the Italian brand, namely closing its investment deal with Black Ocean, an Anglo-Russian private equity firm.

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MV Agusta Introduces Repayment Plan in Court

10/24/2016 @ 6:50 pm, by Jensen Beeler7 COMMENTS

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MV Agusta has unveiled in court its plan to get back to financial stability, after seeing cash flow issues reaching a zenith in March 2016.

The plan is exactly as it has been previously advertised by MV Agusta CEO Giovanni Castiglioni: MV Agusta will reduce its workforce, produce fewer machines, focus on high-margin models, and seek a freeze on its debts to creditors and suppliers.

Whether the Varesini court will accept this plan remains to be seen, it will also require some buy-in from MV Agusta’s creditor and suppliers, who are owed €50 million from MV Agusta.

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Despite what you may have read, MV Agusta isn’t declaring protection from creditors under Chapter 11 of the United States Code. But, we can understand the confusion.

Just so we are clear, by definition Chapter 11 bankruptcy proceedings are a figment of American law. Since MV Agusta is an Italian company, it would be fundamentally wrong to say that MV Agusta Motor S.p.A. was seeking a protection under the US Code that pertains to bankruptcy.

The branch of MV Agusta that would be able to file for Chapter 11 would be MV Agusta USA, but the US subsidiary is not embroiled in MV Agusta Motor’s financial troubles, which makes the use of the term incredibly inaccurate.

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The 2011 MotoGP Championship heads to Jerez, Spain this week, as the premier class gets ready for its second race of the season. 2011 so far has been a tough year for motorcycle tracks. First there was concern over whether Donington Park would get FIM homologation in time for World Superbike’s visit (spoiler alert: they did).

Then there was concern over New Jersey Motorsports Park, which filed for Chapter 11 protection, as the east coast venue sorts itself out financially with its creditors. MotoGP hasn’t been immune to this issues as well, as both Brno and Jerez have seen some concern of their future outlook.

While Brno is looking for help from the national government to make the dollars and cents make sense, Jerez was in a similar predicament except that the track has missed its last loan payment, and had its assets frozen my a local magistrate. Concerns over Jerez can now be put to ease though as the Andalusian State Government has announced that it will underwrite the popular Spanish racing venue through 2016.

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Harley-Davidson Pays Back $297 Million in Loans

12/13/2010 @ 9:07 am, by Jensen Beeler10 COMMENTS

Harley-Davidson filed papers today with the SEC disclosing that the company has bought back $297 million in papers (essentially paying off a loan) from Davis Selected Advisers, L.P to the tune of $380.8 million. Taking the loan amount at 15% interest, Harley-Davidson borrowed roughly $600 million from Davis Select and Warren Buffett ($300 million each, despite what other blogs seem to think) back in February of 2009. This announcement marks the first step Harley-Davidson has taken in repaying that debt, and with the added $100 million in interest payments, it’s easy to understand why.

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