It is no secret that Honda are struggling with the engine for the RC213V MotoGP. HRC have been making the engine ever more aggressive for the past three years, but in 2015, they finally went too far. The power delivery of the RC213V was too difficult to contain, even with Honda’s electronics, and HRC suffered their worst season in MotoGP since 2010. Things had not been looking much better for 2016 either. The engine Dani Pedrosa and Marc Márquez tested at Valencia and Jerez last November was at best a marginal improvement, with a bit more power at the bottom end, but still delivered in a very aggressive manner. Added to this, HRC have had problems with the new unified software which is compulsory for 2016.
A plethora of Indian Financial publications are reporting that Hero MotoCorp has bought a 49.2% stake in Erik Buell Racing for $25 million. Hero MotoCorp is India’s largest two-wheel manufacturer, and for a year now has partnered with Erik Buell Racing for technical development, as well as sponsoring the American company’s AMA Pro Road Racing team for the past two seasons. Today’s news confirms numerous rumors we have heard about the Hero investing in EBR.
If you’re just starting your routine this Friday morning, you’ve likely already seen that a massive earthquake struck Japan about 230 miles offshore from Tokyo. The 8.9 magnitude earthquake is one of the top seven most powerful quakes in recorded history, and the largest to hit Japan in over 100 years. Occurring relatively close to the surface, the Sendai Earthquake, as it’s being called, triggered a tsunami, with waves as tall as 30 feet. Since the initial quake, a series of aftershocks have hit Japan as well, with many of those having a magnitude of 5.0 or greater on the Richter scale.
The Piaggio Group has annouced that it has devised a new business plan for its subsidiary, Moto Guzzi. According to Roberto Colaninno, President of the Piaggio Group, the new business plan will ensure that Moto Guzzi releases a new line of motorcycles during the 2011-2012 model year.
Helping fuel this product line extension will be the investment of €12 million that the parent company plans to dump into Moto Guzzi’s coffers, but the money comes attached with some interesting strings from the European Investment Bank. More on this after the jump.
Chinese motorcycle manufacturer Qianjiang Motor, which in 2005 acquired the Pesaro Benelli, is now investing an additional $26 million into Benelli to help revitalize the Italian brand. Talking at a press conference two days ago, Qianjang General Manager Haimei Yan stated that “[although] we have not yet turned a profit in the budget, we are here to stay, and believe in the company.”