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Phillip Morris

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Ignite Asset Management is a new name in the MotoGP paddock’s lexicon, as well as the new sponsor of Ducati’s “junior” team. While each year sponsors come and go, Ignite is a bit different from the usual batch of names plastered on the side of a GP bike, and the investment firm is getting some interesting play in the otherwise unassuming motorcycle world.

If you are not sure what an “alternative asset management” investing firm happens to be, then the American company’s self-description as a “management firm led by a group of hedge fund industry veterans and supported by private investors that are driven by the undiscovered alpha” is going to really leave you really wondering what slicks-back the hair on these Wall Street types.

Boiled down to its essence, an alpha represents the ratio of an investments and measure how sizable a return was in relation to measured risk. A positive alpha coefficient signals that an investment was good not only in its return, but also in its risk management. Investors are always talking about “seeking alpha” and here Ignite is touting its professional ability of finding the diamond in the rough — standard Wall Street Napoleon Complex stuff.

So then, how does a company like Ignite Asset Management enter into a sport where the running joke about how to make $10 million dollars is to start with $100 million?

Ladies and gentlemen, we are in the thick of the MotoGP Silly Season, where the best rumors come to light the light of day. Some of the rumors are the tip of the iceberg of truth, while others are grounded in something more resembling idle speculation. Meanwhile, some silly rumors are just bona fide lies disguised as link bait and used to sell paper. It is all part of what we lovingly refer to as silly season, and this latest rumor definitely lives up to that nomenclature.

One of the latest musings to emerge from the Spanish press is the rumor that Valentino Rossi will be leaving Ducati Corse for a satellite Yamaha squad, which features a factory-spec bike sponsored by tobacco giant Marlboro. With the OEMs sticking to the four prototype bikes per manufacturer in MotoGP, and Monster Tech 3 Yamaha surely accounting for two of the Yamaha’s on the 2013 grid, the rumor would presumably mean a single-bike in the official Yamaha Racing factory team, and one in Rossi’s splinter faction.