MV Agusta Debuts Auto-Clutch Tech for Sport Bikes

The concept of an auto-clutch is nothing new, and for dirt bike riders, products like those produced by Rekluse are virtually common place. But, on the sport bike side of things, the use and adoption of this technology is still relatively young. We have seen scooters and other small-displacement machines use continuously variable transmission (CVT) technology before, and Honda is currently proudly touting its dual-clutch transmission (DCT) on several of its models, the latest being the new Honda Gold Wing, but what about the rest of the market? Today we see that MV Agusta is the first brand to strike back in this space, debuting its “Smart Clutch System” (SCS) – an automatic clutch designed with sport bikes in mind, making it an option on the marque’s MV Agusta Turismo Veloce Lusso sport-tourer.

What Everyone Missed About Ford’s Lane-Splitting Patent

If you were reading other moto-news sites this week – first of all, shame on you – then you would have noticed much noise being made about Ford Motor Company applying for a patent on detection technology for when a motorcycle is lane-splitting between cars. What you didn’t notice, along with those other publications, is that this is nothing new from Ford, as the American automobile manufacturer was already granted a patent for this technology over a year ago. Much ado about nothing? Not quite, but the story isn’t remotely close to what was being reported elsewhere. In fact, this news of Ford’s lane-splitting patent strategy is much bigger, and much more important, than what has been in the media thus far.

Harrison, On Chasing a 135 MPH Lap at the TT

On Saturday during the RST Superbike race, Dean Harrison smashed the outright Isle of Man TT lap record with a 134.432 mph lap of Mountain Course. It was the culmination of a long apprenticeship on the roads for the Bradford rider, and having claimed a second career TT victory this week, he’ll be out to impress once again during the Senior TT on Friday. Road racing is in his blood, his father Conrad is a sidecar race-winner, but for Dean the challenge has been to gain the experience to show what he can do on the 37-mile long circuit. That experience has been taking place on the roads, at home studying videos, and racing in the British Superbike Championship to understand more about what it takes to reach the limit of his Kawasaki Ninja ZX-10RR.

The Honda Super Cub Is Finally Coming Back to the USA

It has been 44 years since Honda offered the Super Cub on American soil. That is a pretty astounding thing to say, when you think about it, because the Super Cub is the best selling motorcycle in the world – with 100 million units sold, as of 2017. Needless to say, the Honda Super Cub is beyond iconic, and it is the go-to people mover in more countries than we can count. Now helping Honda fill-in a price-point hole in its motorcycle lineup, the 2019 Honda Super Cub C125 will be one of the cheapest motorcycle that Honda has to offer inside the United States, with an MSRP of $3,599. Built using the same 125cc single-cylinder fuel-injected engine that features on the Grom and Monkey bikes, the Honda Super Cub C125 features a step-through body design and clutchless semi-automatic transmission, as well as ABS as standard.

Yesssh! The Honda Monkey Is Coming to the USA

There is something about the Honda Monkey that we find adorable and appealing, as we did with the Honda Grom, of which the Monkey shares a platform (namely, its 125cc single-cylinder engine with DOHC). So needless to say, we were thrilled when we heard that Honda would bring the Monkey into production, and today we get confirmation of news we expected: the Honda Monkey will come to the USA as a 2019 model. Priced at $3,999 of the USA ($4,199 if you want ABS), the 2019 Honda Monkey will be available in October, and come in two colors: red or yellow. A retro-styled mini-bike for the masses, the Monkey is unassuming and welcoming motorcycle, which is ideal for younger and newer riders.

The Big, Fat, Comprehensive MotoGP Silly Season Update

Secrets are hard to keep in the MotoGP paddock. When it comes to contracts, usually someone around a rider or team has let something slip to a friendly journalist – more often than not, the manager of another rider who was hoping to get a particular seat, but lost out. It is not often that real bombshells drop in MotoGP. So the report by Italian sports daily La Gazzetta dello Sport that Repsol Honda were in talks to sign Jorge Lorenzo came as a huge shock. The assumptions that almost everyone in the paddock had been making – that Lorenzo would be riding a full factory Yamaha M1 in a Petronas-funded satellite team operated by the Sepang International circuit – turned out to have been nothing more than a useful smokescreen.

Here’s a First Look at the MV Agusta Moto2 Race Bike

After a substantial hiatus, MV Agusta is headed back to the Grand Prix paddock – though the Italian brand’s return isn’t into the MotoGP class. Instead, MV Agusta will take a more measured, and a more curious, entry with a Moto2 team. Set to use a 765cc Triumph three-cylinder engine in the class from 2019 onward, it is a little curious to see MV Agusta racing in the Moto2 series, but the similarities between the British engine and what MV Agusta itself produces in Italy, is perhaps close enough. While we don’t expect to see the MV Agusta Moto2 bike on the track until next month, today we get our first glimpse at what the race bike will look like. Unsurprisingly, the machine looks very much like the three-cylinder MV Agusta F3 supersport.

Well It’s Official: HRC Signs Jorge Lorenzo for MotoGP

Yesterday the shock news from the MotoGP paddock was that Dani Pedrosa was to leave the Repsol Honda team, after 18 years with HRC and Honda. Now, the news continues to astound, as HRC has confirmed that is has signed Jorge Lorenzo to a two-year contract with its MotoGP program, which will see the three-time MotoGP world champion join Marc Marquez in the factory Honda team. The terse HRC announcement confirms reports that were published yesterday, almost immediately after Dani Pedrosa’s departure from Honda was made public. A bit of a surprise to paddock pundits, who had widely tipped Lorenzo as headed to a satellite Yamaha effort, Lorenzo’s jump to Honda is certainly an interesting one.

Making the Jump From BSB to Ballagarey

Peter Hickman and Josh Brookes are two riders who have proved that short circuit riders can still make the switch to the roads. Twenty years ago the, top British short circuit riders were all racing on the roads. Whether you were an up and coming John McGuinness, or an established star like Michael Rutter, it was expected that you would join the list of short circuit racers that raced on the roads. The practice was as old as factory contracts, and it was expected that if you wanted to have the best bikes in the British championships, you would race at the North West 200 and the Isle of Man TT. That practice has slowly faded out, but in recent years the move has been made by some short circuit riders to return to the roads.

This Might Be the Best Buell on the Market

You won’t often find me talking about my deep desires for a Buell motorcycle in my garge – any long-time Asphalt & Rubber reader should surely know this by now. But, what you are looking at here might be the only Buell I lust after – in Claudia Schiffer sort of way. The bike I am referring to is the BOTT XR1R Pikes Peak race bike, which finished 4th in the exhibition class in 2017. You won’t see it at the Pikes Peak International Hill Climb this year though, unfortunately because of sponsorship reasons. But, this doesn’t have to be the final chapter of the BOTT XR1R Pikes Peak race bike however, and in fact, you could be writing its future story. This is because Bottpower is selling its race bike, and let me tell you, it is one tasty piece of two-wheeled machinery.

Sete Gibernau Snagged in Spanish Tax Dragnet

06/21/2017 @ 5:42 pm, by Jensen BeelerADD COMMENTS

Spanish tax authorities have been stepping up their game in recent months, and now they have two high-profile cases to show for their hard work. This matters in the two-wheeled universe because one of the case involves former MotoGP racer Sete Gibernau.

According to prosecutors in Barcelona, Gibernau defrauded the Spanish government of roughly €2.8 million. Gibernau on the other-hand says that during the time in question, from 2005 to 2006, he did not live in Spain, but instead lived in Switzerland.

Spanish prosecutors however state that Gibernau did not live in Switzerland, like he says, but instead lived in Esplugues de Llobregat, a province in Catalunya.

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Dorna Sports Fined For Tax Evasion

03/01/2016 @ 3:36 pm, by David Emmett5 COMMENTS

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The Spanish Supreme Court has imposed multi-million dollar fines on Dorna Sports and its executives for tax offenses arising out of the sale of shares in 2003 and 2004.

The court found that Dorna CEO Carmelo Ezpeleta and COO & CFO Enrique Aldama had simulated the sale of shares in order to avoid paying income tax and to receive undeclared dividends from the shares the two men hold.

The ruling of the Division of Administrative Litigation of the Supreme Court was that Dorna Sports S.L. sold shares to a separate company owned by the same partners (including Ezpeleta and Aldama) who were selling the shares.

The share purchase was financed using debt held in part by the partners who owned the company buying the shares. Dorna claimed that this was a form of leveraged recapitalization, but the Supreme court disagreed with that assessment.

In reality, the Supreme Court ruled, Dorna and its executives were pursuing a means of receiving hidden dividends.

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If you’ve already filed your 2014 tax return, you might want to make an addendum before April 15th, as the Internal Revenue Service (IRS) has made several last-minute exemption to the US Tax Code, one of which allows motorcyclists to claim up to $500 on a new helmet purchase as tax deductible.

The move comes about after a report by the Centers for Disease Control and Prevention released a study that suggested billions of dollars could be saved if all motorcyclists wore helmets.

Citing the efforts of groups like the  American Motorcyclist Association (AMA) whose anti-helmet political agenda has resonated the most with the same anti-tax libertarians who routinely fail to pay federal income taxes, the IRS has finally decided to fight fire with fire, and believes it has effectively found a way to bring a non-compliant tax group in line with the law.

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Marco Melandri Convicted of Tax Evasion in Italy

10/26/2012 @ 10:17 pm, by David Emmett3 COMMENTS

Marco Melandri has been given a suspended jail term of one year and seven months for tax evasion by a court in his home town of Ravenna. Melandri was found guilty of trying to evade taxes during the period he lived in Derby, in the UK, the court finding that Melandri’s residence for tax purposes should have been in Ravenna, Italy, Melandri’s home town.

Melandri was a resident in the UK to take advantage of the British non-domiciled resident status, which allows wealthy non-UK citizens with large incomes from sources outside the UK to avoid paying tax on that income. Melandri was one of several riders who had elected to have their residence in Britain for precisely that reason.

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Harley-Davidson Turns Down $25 Million Tax Credit

11/15/2010 @ 8:56 am, by Jensen Beeler15 COMMENTS

Two months ago when Harley-Davidson stuck an ultimatum to its union workers, the company asked for work force concessions while it threatend to move production out of its Tomahawk and Menomonee Falls. Hoping to help sway the vote and keep Harley put, the State of Wisconsin extended Harley-Davidson a $25 million tax incentive to help lure the company into keeping production at its Wisconsin facilities. While the unions eventually caved to Harley-Davidson’s will, the Bar & Shield company announced today that it will not be taking Wisconsin up on its offer for tax breaks.

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There must have been someone going around the MotoGP paddock many years back, handing out bad financial advice to any rider they could find, because Loris Capirossi is now the second MotoGP rider (that we here at A&R can think of), that’s been slapped with an income tax evasion fine in the past few years.

Capirex, like Valentino Rossi before him, has found himself on the wrong-end of the law, after losing an appeal to his charge of income tax evasion, and accordingly must pay a €2 million fine for his actions.

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Rossi Sued for Outstanding Accountant’s Bill

09/17/2009 @ 11:46 am, by Jensen BeelerADD COMMENTS

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UPDATE: The Italian Order of Accountants has ruled against Rossi, who now has 40 days to appeal their decision.

After settling an unpaid tax-debt with the Italian government in 2008, Valentino Rossi paid nearly €30 million in back-taxes with the help of accounting firm Cesaroni-Cappellini. The firm saved Rossi nearly €150 million, and was entitled by contract to ~1% of the MotoGP star’s savings.

Doing some quick judo-math, that’s nearly a €3 million tab (€1.7M-€2.5M to be exact) that Rossi has racked up at Cesaroni-Cappellini, and according to the firm Rossi has yet to actually pay them for their services.

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motorcycle-showroom

The Federal stimulus package signed into law yesterday is laddened with initiatives designed to help boost our nation’s economy. None of these provisions, however, will affect the die-hard motorcyclist more than the provision, which allows motorcycle buyers to deduct the sales and excise taxes on their 2009 tax return. Yeah, you really just read that. If you buy a motorcycle under $49,500 and subject to certain restrictions, you can take the tax portion of the OTD price and subtract it from your tax statement next April 15th. How much a buyer benefits will depend on the taxes paid and their personal tax situation, but it the case of your typical sportbike, that’s still nearly a grand off your taxes.

Motorcycle dealers counting on a big boost will not find it here and would be far better served by concentrating on building their business and delivering excellent customer service.

 

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