Remembering Nicky Hayden – Growing Up a Racer

Growing up in Kentucky, Nicky Hayden was a motorcycle racing protégé from an early age, but winning hasn’t come easy to the Hayden family. Over the last 15 years, Nicky Hayden has become one of the most recognisable faces in the motorcycle racing world. He’s morphed from the Kentucky Kid to an old hand of the paddock, and now the Kentucky Legend. But where did that legendary status come from? Hard work, dedication and an insatiable love of racing are the traits that have made Hayden famous, but the cornerstone has always been family and loyalty. “I grew up in Kentucky, where horse racing was really big, and my dad always jokes that with horses you’ve got to have the right bloodline,” said Hayden. “Both my mom and dad raced, so maybe he really was looking for a good bloodline!”

Ride in Peace, Nicky Hayden

It is with a heavy heart that we report the passing of Nicky Hayden today, the American motorcycle racer finally succumbing to the injuries he sustained on Wednesday, at 7:09 PM CEST. The former-MotoGP Champion was struck by a car, while he was training on his bicycle near the Rimini coast. After the incident, Hayden was ultimately treated at the trauma center at the Bufalini Hospital in Cesena, where he later passed away. While motorcycle fans around the world have been hoping for good news throughout this past weekend, and looking for signs that Nicky’s condition would improve, today Nicky’s race ended, with his family and friends at his side.

Americas Top Öhlins Dealer Pleads Guilty to Tax Fraud

Daniel Laine Kyle of Carmel-by-the-Sea, California – known best for his speed shop, Kyle Racing – pleaded guilty to defrauding the US government earlier this week, after it was found that Kyle had been hiding cash-based purchases made at this business. Dan Kyle Racing is known best for being the largest Öhlins suspension dealership in the United States (if not the world), as the company offered aggressive pricing on the Swedish-born suspension, and was one of the first Öhlins dealers with an online presence in the early days of the internet. According to the plea agreement made between Kyle and the US Attorney’s Office, Kyle pleaded guilty to tax fraud and structuring currency transactions in order to avoid the reporting requirements in the US Tax Code.

The 2017 Saroléa SP7 Is Ready for the Isle of Man TT

The focus for electric motorcycles at the Isle of Man TT may center around Team Mugen’s dual entry with John McGuinness and Guy Martin, but one should not overlook this very attractive entry from Belgium. Saroléa is back for the 2017 Isle of Man TT, continuing with its state-of-the-art carbon fiber chassis goodness and retro fairing design. On board will once again be Dean Harrison, who will be gunning for a podium-finish on the 2017 Saroléa SP7. If looks alone could get you across the finish line, then Saroléa would have our vote. The Belgians have always been in the running for a strong result though, finishing 4th in 2014 and 5th in 2015. Maybe this year will be “their year” at the TT.

India Is Now the World’s Biggest Motorcycle Market

Did you just feel that? That movement was a tectonic shift in the motorcycle landscape, as India just surpassed China as the world’s largest market for two-wheel vehicles. Just how big is the Indian motorcycle market? Last year, over 17.7 million motorcycles were sold in India. That is over 48,000 motorcycles sold…each day. Compared to China, that is a margin of roughly one million motorcycles per year (16.8 million units sold last year). India has seen a sharp rise in the sales of two-wheelers within its borders over the seven years, growing over 32% during that timeframe. Transportation in general has been growing in India, but that growth has been fueled by the country’s two-wheeler market.

The Good, The Bad, and The Ugly About Motorcycle Patents

I am really excited about the Suzuki brand right now. Out of the four Japanese motorcycle manufacturers, the recession affected Suzuki the most, probably more than many people realize, but the Hamamatsu brand is poised to bring out some exciting machines in the coming few years. Could we finally see a turbocharged Suzuki this year though? The rumor mill is pointing to yes…but just pointing, and the reason is because of patents. Much of this internet rumors stems from a flood of patents that have been found, where Suzuki is patenting technology related to turbo-powered engines in motorcycles, or because of other patents that make reference or inference to being part of a turbocharged motorcycle.

No, Royal Enfield Isn’t Buying Ducati

I woke up this morning to a message from a colleague, with a link to a story that linked Royal Enfield to buying Ducati Motor Holding. The story was from a fairly reliable news publication, but the headline read “Royal Enfield Might Consider Buying Ducati Pretty Soon” – the grammarist in me cringed.* “Might consider” is the most nebulous phrase in the English language. Let’s think about that phrase for a moment, as it literally means that you are considering the possibility of considering something. Don’t get me started on the timeliness of “Pretty Soon” in the news realm, as well. Metaphysics and meaningless headlines aside, for our purposes this narrative devolves further in that this story offers nothing new, beyond the story that Reuters published two weeks ago, which set off alarms in the motorcycle industry around the world.

KTM Caught Testing an Electric Street Bike

Spy photos from Austria have caught KTM testing a rather interesting motorcycle – one that does not run on a petroleum-based fuel, but rather it has an electric drivetrain at its core. This isn’t the first time that KTM has experimented with an electric motorcycle, of course, with the KTM Freeride E being available in select markets. However, the machine seen here is a pretty big step forward for the Austrian brand, from its modest electric dirt bike. Using the chassis of a KTM 390 Duke to house the battery, inverter, and motor, KTM’s electric street bike (we’ll call it the KTM E-Duke for now) looks like a rolling mess, but is what you would expect from a project in its early stages of development.

For the Geeks, Your Luke Skywalker HJC Helmet Is Here

I am a solid Star Wars geek, but not in the dress-up and go to a convention sort of way – if you know what I mean. But, this new lid from HJC might have me singing a different tune, as it mimics Luke Skywalker’s X-Wing “Red 5” fighter helmet, in a DOT legal ¾ helmet format. That’s just cool…in a really un-cool sort of way. Based off the budget-friendly HJC IS-5 helmet, this Luke Skywalker replica will cost roughly $180 when it comes out (at a date still to be determined). Additionally, 10 versions of the lid will be signed by Mark Hamill, and auctioned for charity (UNICEF and the Starlight Children’s Foundation), if your geekdom takes you in such a direction (and you have a four-figure wallet).

Hayden: “It’s Clear That There Is A Problem”

Assen had been earmarked as a key round for Honda in its search for competitiveness in WorldSBK. It passed with more confirmation that the team’s struggles will continue. Nine points were all that Nicky Hayden had to show for himself at the end of a trying weekend at the TT Circuit of Assen. The Honda rider was able to show some signs of improved competitiveness at times during the weekend, but overall the same flaws of the Honda Fireblade have been exposed once again. Reliability and inability to bring competitive upgrades to the table cost Hayden dearly at Assen. The week before the Dutch round, the team tested a new engine specification in Portimao and the American came away disappointed with a lack of progress.

Wells Fargo To Buy GE Capital’s Vendor Finance Businesses

10/13/2015 @ 10:26 am, by Jensen Beeler8 COMMENTS

wells-fargo-stagecouch

Even if you’ve financed the purchase of a motorcycle recently, we doubt you noticed that GE Capital has removed itself from the vehicle lending business, but it was a big deal for dealers and manufacturers.

A major player in financing not only the inventory and flooring for dealers, lending money to smaller OEMs to create product and inventory, as well as helping consumers finance their expensive play toys, GE Capital has been one of the larger lenders in the motorcycle space for the past decade or so, and likely has helped you save a fraction of a percent or two on your lending rate.

That fraction of a percent though means that GE’s decision to get out of the automotive lending game has had serious ramifications in the two-wheeled world, even if it’s not the sexiest subject to talk about on a moto-news site.

This is why it’s a pretty big deal that Wells Fargo is poised to acquire GE Capital’s commercial distribution finance and vendor finance businesses, as well as some of GE’s corporate finance business, as it means another major lending body will service the motorcycle industry.

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Paul Sr. Quietly Selling Bikes from His Personal Collection

01/31/2011 @ 8:58 am, by Jensen Beeler12 COMMENTS

UPDATE: Add a 1943 BSA M20 to the list of bike’s available from Paul Teutul Sr.’s personal collection.

Paul Teutul Sr. cannot seem to stay out of the news lately. First the senior Teutul sued his son for ownership of Orange County Choppers, invoking a minority buyout clause that would pay Paul Jr. the market value of the business, which was allegedly valued at nothing, thus robbing Paul Jr. of his shares.

Then just recently at the end of the last week we learned that GE Capital and OCC were in disagreement over the terms of OCC’s loan from the credit company. Displeased by having to pay full-price on a devalued building, Paul Sr. has stopped paying back his loans to GE Capital, which have resulted in the financing firm filing for foreclosure on the custom chopper crew.

Allegedly Paul Sr. has the money, but wanted to sway GE into renegotiating the loan. While we were skeptical of this claim, it’s interesting to note that Paul Sr. has since quietly put two motorcycles from his personal collection up on eBay (a Ariel T-5 & BSA B33).

Using the account of OCC Head Assembly and Technician Supervisor Nicholas Hansford to list the bikes, it looks like at least two more motorcycles (maybe an A&R reader can help us identify them) are set to go up for sale. While Hansford has a video of the BSA B33 sitting in his YouTube channel, two other unlisted bikes (another BSA and a Norton) are included in the channel with video titles labeled “bikes for sale.”

Where there’s smoke there’s fire, and it all sorta makes you wonder what’s really going on in Orange County, New York. More info on the auctions after the jump.

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Orange County Choppers Facing Foreclosure

01/27/2011 @ 11:46 am, by Jensen Beeler40 COMMENTS

Unless you’ve been living under a rock, only have basic cable, and don’t frequent moustache competitions, you’ve likely heard of Orange County Choppers, American Chopper, and the Teutul family. Originally started by father (Paul Sr.) and son (Paul Jr.), the small theme bike builders of Orange County Choppers came to fame when The Discovery Channel (later moved to The Learning Channel) picked them up for its hit show American Chopper.

Usually centering around a bike with spider theme, and the generally dysfunctional relationship between Paul Sr. and his sons, the show almost hit the skids when Paul Jr. left the company to start his own venture Paul Jr. Designs.

As the father and son battle out in court over a stock buyout between the two Teutuls (Paul Sr. has a 80% share, Paul Jr. 20%, and there’s some interesting buyout clauses in their ownership agreement), Discovery pitched a new concept for the show, calling it American Chopper: Senior vs. Junior, which follows the two motorcycle shops as they struggle to build bikes in the moments when they aren’t trying to destroy each other. Throwing chairs while discussing business issues is just good family fun and a totally appropriate way to communicate with another person, right?

Whether you take Junior’s side or Senior’s, or even follow the melodrama as it still airs on television (or TMZ), there’s a very real possibility that Orange County Choppers could go into foreclosure, as GE Capital has reportedly not received a payment from Paul Sr. in sometime.

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