Brembo Issues Statement on Its Master Cylinder Recall

Just over a week ago, we broke the news that a massive recall was coming to motorcycles equipped with a particular Brembo master cylinder. Since then, we have seen recall notices from Aprilia and Ducati (affecting roughly 10,000 motorcycles in the USA) with more recalls expected from other brands. Because recalls in the United States typically come from the motorcycle manufacturer and not the part supplier, mum was the word from the folks at Brembo, though there were a number of questions regarding these recalls that weren’t answered in the NHTSA documents. Today, Brembo has finally decided to speak about the recalls that are underway in the United States, and presumably will be occurring in other markets as well.

Come Drool Over “Kahn” by Mehmet Doruk Erdem

Regular readers of Asphalt & Rubber by now should be well aware of my unrequited love for dustbin-style motorcycles. A&R diehards should also recognize the work of Mehmet Doruk Erdem, as the Turkish designer has penned more than a few concepts that have gone viral on the internet. Today we have another of Erdem’s work for you to consider, a BMW-powered dustbin that is simply named “Kahn”. Based on the Bavarian brand’s twin-cylinder boxer engine, Erdem once again creates an eye-catching shell to house the mechanics of the machine, and hide them from the wind. An eagle-eyed viewer will note a few similarities between Kahn and Erdem’s other most-recent work, which was called “Alpha” and also powered by a BMW engine.

Ducati Now Part of the Massive Brembo Brake Recall

Yesterday we broke the news about a massive recall that is affecting a number of sport bikes with Brembo master cylinders. The first wave of that recall included Aprilia’s two offerings, the Aprilia RSV4 superbike and the Aprilia Tuono 1100 streetfighter. Today, we get our first official word of another manufacturer that is involved with this massive Brembo brake recall, and it is Ducati. With six affected models, spanning four model years, Ducati North America is recalling roughly 8,000 units because the piston in their master cylinder may crack. If you recall our previous coverage, the issue stems from the plastic piston in the master cylinder possibly cracking after hard use. If this happens, the master cylinder can stop operating, which can lead to front brake failure. This is an obvious safety concern

Today Is the First Day of a Massive Brembo Brake Recall

Today is the first day of a massive recall for Brembo brakes, as our inbox just received the first official notice of what is expected to a recall that touches a multitude of brands that use the Italian company’s high-performance line of brake master cylinders. The issue stems from the Brembo’s popular PR16 radial master cylinder unit (the master cylinder that is often paired with the Brembo M50 calipers), which apparently can crack internally at the piston, which can then lead to front brake failure. Because of the physical properties of the piston material used on the master cylinder, and the porosity generated during the injection process used to create them, the piston could crack when used on race tracks, or with frequent ABS intervention, or when the motorcycle falls to the ground.

MV Agusta Buys Back Shares from Mercedes AMG

A bit of a housekeeping item, but today it was announced that MV Holding has completed the acquisition of the shares that were previously held by Mercedes AMG, thus effectively removing the German brand from the Italian motorcycle company’s business operations. This means that MV Agusta is now solely controlled by Giovanni Castiglioni and the Sardarov family, though today’s news is likely due to investments by the latter, into the struggling motorcycle brand. For fans of the MV Agusta brand, this surely is the start of a new chapter for this mercurial motorcycle marque. In case you haven’t been keeping track, the ownership structure for MV Agusta is very complex, and it involves several layers of ownership.

Troy Bayliss Racing in Australian Superbike for 2018

Don’t all it a comeback, Troy Bayliss has been here along, as the Australian never really hung up his racing leathers. Partaking over the yeas in numerous one-off and short-term racing endeavors, the 48-year-old Australian is looking for a little bit more two-wheeled action in his life though, and accordingly has his eyes on a proper championship go. As such, Bayliss has announced that he will compete in the 2018 Australian Superbike Championship, riding with the DesmoSport Ducati team, which he co-owns with team manager Ben Henry, with an eye on the series’ #1 plate. “Initially I did want to see another young guy on the bike, but after I rode it I felt that I needed to contest the championship and try and win myself the elusive Australian Superbike title,” explained Bayliss.

Energica Will Supply FIM Moto-e World Cup Race Bikes

In recent months, the FIM and Dorna have been pushing ahead with the planned FIM Moto-e World Cup for the 2019 season, and today the electric motorcycle racing series took a serious step forward, as it was announced that Energica will provide the spec race bikes for Moto-e. As such, teams competing in the inaugural season of the FIM Moto-e World Cup series will race on modified versions of the Energica Ego street bike model, which will presumably use the production model’s 134hp PMAC motor, and will almost certainly be lighter than the bike’s 570 lbs curb weight. With Energica being owned by the CRP Group, a highly regarded engineering firm in Italy’s motor valley, the company’s ties to Formula 1 and other racing ventures certainly played to Energica’s strengths in the bidding process.

More Rumors About Suzuki’s Turbo Project

I had to go back through the Asphalt & Rubber pages to see when we first heard about Suzuki’s turbocharged motorcycle musings. For the record it was, just over four years ago when the Suzuki Recursion concept was teased at the Tokyo Motor Show. Since then, we have seen a slow trickling of information about Suzuki’s turbocharged project, especially in the time since we got out first glimpse of the twin-cylinder 588cc concept engine. When will the folks at Hamamatsu release this turbo bike? What form will it take? Is it the start of more forced-induction models from the Japanese brand? Or, will it be a one-off model? Does it wheelie? These are all good questions, and if you believe the latest rumors, we have some answers for you.

Is a Baby Africa Twin Coming from Honda?

The Brits over at MCN have an interesting story right now, whereby Honda is considering making a middleweight version of its Africa Twin adventure-tourer. Really, that thought isn’t so shocking, and if this year’s EICMA show was any indication of things, it’s that the middleweight ADV segment is of particular interest to motorcycle manufacturers right now. One look at Honda’s lineup, and it is obvious that Big Red is missing something that can go head-to-head with bikes like the BMW F850GS and Triumph Tiger 800, and the soon-to-come KTM 790 Adventure and Yamaha Ténéré 700. Focused for off-road use, the Honda Africa Twin may not be the pluckiest liter-class adventure-tourer on the market, but it certain is at the top of the pack when it comes to trail riding capability.

About The Rising Cost of Ducati Superbikes

I was a bit surprised when Ducati announced pricing on the new Panigale V4 model. I knew the Italian brand would command a premium for the latest edition of its flagship model, but what took me aback was how high the price had climbed ($21,195) in one swoop, even though prices on the Ducati 1299 Panigale have steadily been creeping upward over the past few years. Part of the blame is surely comes down to simple currency conversion between the euro and dollar, which has also been climbing steadily in the past year (after a sudden and sustained drop for the past three) and is now nearly at its year-long high. When it comes to the US market though, currency fluctuations are only part of the puzzle when it comes to understanding the pricing programs put together by motorcycle manufacturers.

The Yamaha Corporation announced today that it will be selling 8 million shares of its holdings in Yamaha Motor Co., a movement of shares that will see roughly 2.3% of the voting power in the powersports company changing hands.

This deal is expected to close on December 4th, and the Yamaha Corporation says that it will be selling its position to various unnamed securities companies, presumably to then be sold on the open market.

At the current market price for Yamaha Motor stock, this deal should be worth close to ¥26 billion, and ¥18 billion after tax expenses have been factored.

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Ducati Divestiture Seemingly Stalls Out

09/06/2017 @ 10:51 am, by Jensen BeelerADD COMMENTS

For the past few months, talk of Ducati’s divestiture from the Volkswagen Group has grabbed the attention from news outlets and Ducatisti alike, as the future of the Italian motorcycle company seemed uncertain.

Internally, a power struggle was a play, with Audi keen to unload Ducati from its books, but lacking the support from upper management in the Volkswagen Group.

Talks reportedly hit the skids once it was realized that the Volkswagen labor unions, which control half of the seats on the Volkswagen Group management board, weren’t onboard with divesting Ducati from the holding group.

This is probably information that investors would have liked to know, before they spent the time and resources putting together purchase proposals for Audi’s consideration.

Now, with no change in the position of VW’s labor unions, and with the possibility of an internal consensus seemingly out of sight, it seems talk of Ducati’s divestiture have stalled, with little chance of them resuming this year.

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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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Norton Gets £3 Million to Increase V4 Production

04/12/2017 @ 11:27 am, by Jensen Beeler5 COMMENTS

If you have had your eye on a Norton V4 superbike recently, you might not have to wait as long for it to arrive, as the British marque has secured £3 million from the Santander Corporate & Commercial bank.

The debt investment will allow Norton to triple its production rate on the V4 SS and V4 RR models, and also allow for the company to hire 40 new employees for the job. Additionally, according to Norton this will allow the company to increase its production volume to 1,500 motorcycles per year.

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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.

In realities, Ducati Premier Financing is not that different from the BMW 3asy Ride financing program, in that it is a finance plan that is not too dissimilar from a leasing program, and it is aimed at making the monthly payment on a motorcycle incredibly affordable*.

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From Russia with Love, MV Agusta Finds New Money

11/20/2016 @ 1:05 pm, by Jensen Beeler19 COMMENTS

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Last week, I was ready to start polishing the obituary for MV Agusta – the Italian company seemingly in an impossibly terminal state.

Italy’s Guardia di Finanza had found that the Italian company had been using the social security contributions of its workers to pay down the money owed to parts suppliers (something MV Agusta disputes is the case), and earlier this year MV Agusta CEO Giovanni Castiglioni was investigated for irregularities on his tax return.

All of this is on top of the ever precarious financial situation MV Agusta has been in for the past year, which has resulted in the company looking to restructure its €50 million debt in the Italian court system, furlough a good portion of its workforce, and reduce its production volume to roughly 9,000 units per year.

Now it seems MV Agusta’s fortunes are changing, with the Italian motorcycle maker signing an agreement with the Black Ocean investment group to recapitalize MV Agusta.

Details of the pending transaction haven’t been released, but we can assume that the increase in capital will help ease MV Agusta’s relationship with suppliers, get workers back on the assembly line, and continue the development of new models.

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Right Now Is the Best Time to Buy A New Motorcycle

10/26/2016 @ 12:18 pm, by Jensen Beeler50 COMMENTS

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With all the new motorcycles for the 2017 model year debuting right now, it might seem counter-intuitive that this would be the right time to make a trip down to your local motorcycle dealership, but it is. Let me explain.

After seeing a modest rebounding of sales and momentum from the recession, this year has been a stumbling block for the motorcycle industry, with sales at the beginning of the year building slowly, before tapering off later in the summer and early fall.

Economic indicators are up, unemployment is down, but the third quarter results from around the industry are pointing to the US motorcycle market taking a market contraction for 2016. The reason for this is uncertainty.

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Polaris in the MV Agusta Acquisition Mix?

05/27/2016 @ 5:57 pm, by Jensen Beeler20 COMMENTS

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If you believe the rumors coming out of Italy, Polaris is poised to save acquire ailing motorcycle manufacturer MV Agusta.

We have documented MV Agusta’s precarious financial troubles already in great detail, and how MV Agusta CEO Giovanni Castiglioni is between a rock and a hard place with his main investor, Mercedes-AMG.

According to the Italian media, and those who repeat their words like parrots, Polaris represents an escape from MV Agusta’s difficult position with the German automobile-maker, though the reality is that nothing could be farther from the truth.

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The Circuit of Wales was dealt a significant setback on Wednesday, after the Welsh Economy Minister refused to offer a 100% guarantee for the £357 million development project.

Without the guarantee, the future of the project is now uncertain, with doubts over the willingness of Aviva, a British insurance company, to continue with backing for the project.

After a long period of preparation, which included a Public Enquiry on the transfer of public lands, work was set to start on the circuit, set just outside Ebbw Vale in South Wales. Work had already started to get the site of the circuit ready to start construction.

The final piece of the puzzle had been secured several weeks ago, in the form of financial backing from Aviva. However, the Heads of The Valley Development Company had asked the Welsh Government to underwrite 100% of the investment in the project, with reports in the regional newspaper South Wales Argus suggesting that such demands had come from Aviva.

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That this Silly Season – the (bi)annual round of rider contract negotiations – was going to be remarkable has been obvious for a very long time.

Only very rarely have the contracts of nearly every rider on the grid ended at the same time, leading to a frenzy of speculation and rumor about who could and will be going where for the 2017 season.

That this year is special was made obvious at Qatar, where both Valentino Rossi and Bradley Smith announced they had already signed two-year deals for 2017 and 2018 before the flag had even dropped for the first race.

Jorge Lorenzo has been the key figure in this year’s Silly Season, however. Of the four current MotoGP Aliens, he is the most likely to move, and to be offered big money to do so.

Valentino Rossi is nearing his retirement, and his long-term future is tied up with Yamaha, so re-signing with the Japanese factory was a no-brainer.

Marc Márquez may leave Honda at some point in his career, but at the moment, he has too many ties binding him to HRC.

Dani Pedrosa may be a proven winner, but he is the only one of the four not to have won a championship. It is Lorenzo who is attracting all of the interest.

It now appears that Lorenzo’s future may already be settled. Well-informed sources inside the paddock have told me that Jorge Lorenzo has already signed a deal with Ducati, and perhaps at a record price.

Certainly at a price which Yamaha would be unwilling – and probably unable – to match.

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