Ducati released a new financing program this week, maybe you saw the announcement already. If you even bothered to read one of the copy/paste jobs on this announcement, you probably got three sentences into it, and then realized you just lost a minute or two of your life, which you will never get back. It is hard to make this topic sexy, and motorcycle journalists are lazy creatures (myself included)…which is why you probably just saw the press release reprinted on a website, with some Ducati advertising placed next to it, just for good measure. The Ducati Premier Financing program is a big deal though, just not in a way that is immediately sexy to the casual motorcycle buyer.
It is no secret that the financial collapse of a few years had devastating effects on the motorcycle industry as a whole, and few markets have been hit worse than the Italian motorcycle market. Coming through a painful bankruptcy process, and re-emerging into a still devastated Italian economy, Moto Morini has perhaps had the worst luck of the Italian brands in dealing with this economic chaos.
Needing to sell bikes, and operating really only in its home market, Moto Morini is getting creative with putting Bologna’s other brand into the garages of motorcyclists. With necessity being the mother of all invention, Moto Morini has a clever scheme to help cash-strapped Europeans get a new ride: pay for only half of the motorbike.
Fresh on the heels of the news that Honda would continue to supply Moto2 with spec-engines through the 2015 season, Yamaha has confirmed that it will lease to MotoGP teams its YZR-M1 engine, on an annual basis, through the 2016 season.
Teams will then be free to develop their own bikes around the engine, or work with an independent chassis manufacturer to build a complete race bike.
Currently on proposal for the 2013 MotoGP Championship is a grid comprised of 12 prototype machines (four from each of the three remaining factories), with the rest of the grid comprised of CRT entries (production motors in prototype chassis). That landscape could change however in 2014, as HRC has tipped that it has a production-racer, based off the Honda RC213V in the works, which it will sell to teams for around €1 million. Adding yet another dimension to the bike line-up, Yamaha is said to be considering leasing the M1 motor to private teams, who in turn could use the prototype-based engine design in their own chassis design, much in the same manner that is currently being done with the production-based motors.
Trouble has surrounded Donington Park since in began redesigning the track to make it suitable for Formula One. First, the track had to reschedule and postpone a number of events after complaints about the construction. Then the run off area between Macleans and Coppice was severely compromised when the new paddock access tunnel was being built. Now, Donington seems to have legal trouble brewing as the owner of the track, Tom Wheatcroft, has started proceedings against Donington Ventures Leisure Limited for unpaid rent.