The TVS Apache RR 310 Is Finally Here – Et Tu, BMW?

As expected, the TVS Apache RR 310 debuted today in India, thus ending the bike’s nearly year-long delay in coming to market. Why do we care so much about a motorcycle that will likely never set foot on US soil? Because at the heart of the TVS Apache RR 310 is BMW Motorrad’s next small-displacement motorcycle: the BMW G310RR…well that, and the TVS Apache RR 310 looks pretty tasty as a track bike. Partnering with TVS Motor, BMW Motorrad is co-developing its 313cc line of single-cylinder motorcycles with the Indian firm, with the TVS Apache RR 310 set to become the BMW G310RR in the German brand’s lineup. As such, the BMW G310RR is expected to debut later in 2018, and join the G310R and G310GS as BMW’s multi-prong approach towards newer riders.

WorldSBK Approves the Use of Winglets*

The World Superbike Championship released the latest decision from the SBK Commission today, which clarified a few rules for the 2018 season, most notably the new rev-limiter and parts cost rules, which have been discussed already at great length here on Asphalt & Rubber (Part 1, Part 2, & Part 3). There was another interesting rule change of note though, which is likely to get over-looked by the racing community, and that is the World Superbike Championship permitting the use of winglets, although there is a catch. In its rules update, the SBK Commission decreed that teams and manufacturers may fit aerodynamic components (e.g. winglets) to their superbikes so long as the winglets are fitted to the homologated motorcycle.

Crunching the Numbers: Rea vs. MotoGP vs. WorldSBK

The start of December marks the beginning of what is rapidly becoming a tradition in the world of motorcycle racing. After the Jerez test in late November, it is now “Why Is Jonathan Rea Faster Than A MotoGP Bike” season. At Jerez, Rea pushed his Kawasaki ZX-10R WorldSBK machine – down 35+ bhp and up 10+ kg – to the fourth fastest overall time of the week, ahead of eleven MotoGP regulars (including two rookies), three MotoGP test riders and Alex Márquez, who the Marc VDS team were using to train up the new crew recruited to look after Tom Luthi’s side of the garage while the Swiss rider is still injured. How is this possible? And what does this mean? Are WorldSBK machines too close to MotoGP bikes?

Kawasaki Ninja H2 SX Priced at $19,000 for the USA

Kawasaki’s newest supercharged motorcycle is also its most affordable supercharged motorcycle, with the 2018 Kawasaki Ninja H2 SX coming to the USA with an MSRP of $19,000. Even the better-equipped 2018 Kawasaki Ninja H2 SX SE is an “affordable” $22,000, when compared to the more sport-focused H2 models. Featuring a 200hp version of Kawasaki’s supercharged, four-cylinder, 998cc engine, the Ninja H2 SX is a fully faired sport-tourer, with an emphasis on the sport side of the equation. The base model comes in any color you want, so long as it’s black, while the Ninja H2 SX SE comes in the traditional Team Green color scheme of Kawasaki.

Oh Yes, The Kawasaki Ninja ZX-10R SE Is USA Bound

Good news sport bike fans, Kawasaki USA in its infinite wisdom has decided to bring the Kawasaki Ninja ZX-10R SE to the United States for the 2018 model year. Debuted at this year’s EICMA show, the Kawasaki Ninja ZX-10R SE takes the potent superbike and most notably adds Showa’s new semi-active suspension to the package. Other perks include the seven-spoke forged aluminum Marchesini wheels, found already on the Kawasaki Ninja ZX-10RR, as well as an up/down quickshifter. Like what you hear? Well brace yourself…If you want a 2018 Kawasaki Ninja ZX-10R SE in your garage, you are going to need to shell out $21,899 MSRP for it. That sticker price represents quite the premium over Team Green’s race homologation machine, the ZX-10RR, which goes for $18,899.

PJ Jacobsen Racing in WorldSBK for 2018

Patrick ‘PJ’ Jacobsen will be stepping up to the big show for the 2018 season, with today’s announcement that the American will be riding with the TripleM Honda WSBK Team. Moving off of the World Supersport grid and into the World Superbike Championship, Jacobsen will be riding the Honda CBR1000RR SP2 with the satellite Honda team effort that TripleM has put together. “I’m very excited to be making my World Superbike debut with TripleM Honda WSBK Team,” said PJ. “It’s a great opportunity for me to be finally racing in this class and I want to thank the team and Honda for making this possible. Both the team and I will be rookies in the WorldSBK championship so there’ll surely be a lot to learn, but it’s a challenge that stimulates me and I can’t wait to get started.”

Yamaha Selling Shares in Yamaha Motor to Raise Money

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. The news means that while the Yamaha Corporation will remain the single largest shareholder in Yamaha Motor Co., its ownership position as a shareholder will drop from 12.22% to 9.93%, as a result of the divestiture.

Valentino Rossi’s Winter Test Helmet Gets Mexican Flair

It is another winter testing period for the MotoGP riders, and that means that Valentino Rossi has another special “Winter Test” AGV helmet design for us. This year, The Doctor takes his inspiration from Huichol bead art, after he visited the region on a recent vacation to Mexico. As such, Rossi’s winter test AGV Pista GP R helmet features a hand-painted bead design that plays on the winter motif, with the Italian’s usual affinity for symbols. “Huichol art immediately intrigued me, because it uses many of my symbols, like the sun and moon or the turtle,” explained Valentino Rossi. “We have tried to recreate the effect of the beads that the Mexicans use to bring color and shape to these objects, but to do so with a Valentino Rossi twist.”

Jonathan Rea Talks About New WorldSBK Rules

Three years of unparalleled success has seen Jonathan Rea notch up 39 victories, 70 podiums, and 3 WorldSBK titles. To put those numbers into context, only Carl Fogarty, Troy Bayliss, and Noriyuki Haga have won more races in their WorldSBK careers. It truly has been a historic run of form for Rea and Kawasaki. For WorldSBK though the achievements have been outweighed by the reaction of fans to these results. Feeling that significant changes were needed to ensure a more competitive balance for the field, WorldSBK has introduced a wide range of new regulations to curtail the Kawasaki dominance. The goal isn’t to stop Rea and Kawasaki winning but simply to allow other manufacturers to get on an even keel.

The “Smart” Approach to Writing the WorldSBK Rulebook

Scott Smart has been tasked with writing and rewriting the rule book for Superbikes around the planet. The FIM Superbike Technical Director has been instrumental in bringing about the recent regulation changes for WorldSBK, and speaking at the season ending Qatar round he explained the philosophy behind the changes. “There’s a lot of benefits to these changes, but the biggest factor is that we want to find a way to have more exciting racing in WorldSBK,” explained Smart. “With the new regulations each team on the grid has the chance to run the same specification as the factory teams or to develop their own parts. This gives a private team the chance to have a bike with development work already having been completed by simply buying the relevant parts for their bike.”

Reuters continues to dish on Ducati’s possible divestiture from the Volkswagen Group, with news that several bids have been placed on the Italian motorcycle brand. Reuters says that amongst the bidders are several key brands like, Polaris, Bajaj, and Royal Enfield’s owners Eicher Motors.

Noticeably absent from the list of potential buyers however was the much talked-about Harley-Davidson, a name that the same Reuters reporters first offered as Ducati’s potential future owner.

Now Reuters offers us another name as the likely front-runner, pointing to Italy’s Benetton family (as in, the United Colors of Benetton), which has reportedly submitted a bid of $1.2 billion, through its investment arm Edizione Holding.

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Alta Motors Raises $27 Million in Fundraising

06/06/2017 @ 1:59 pm, by Jensen BeelerADD COMMENTS

Alta Motors is announcing that it has closed two fundraising rounds, for a total of $27 million capital raised in exchanged for preferred stock in the San Francisco based electric motorcycle company.

The B & C series fundraising rounds were led by Grassy Creek Ventures, with the Series C round joined by Latin American venture capital fund Mountain Nazca, along with motorcycle legend Bob Fox – of Fox Racing fame.

Alta Motors says that the use of funds goes to the expanding the company’s existing manufacturing and R&D facility in Brisbane, CA; refining the company’s vehicle technology; and developing more lightweight vehicles.

From the funding, Alta Motors sees two more board members added to the company’s board of directors: Travis Bradford, Professor of Practice and Director of the Energy and Environment graduate program at Columbia University, and Hector Sepulveda, Managing Partner at Mountain Nazca.

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BRD-RedShift-SM-factory-6

If you lookup the word “hustle” in the dictionary, you might see a portrait of the BRD Motorcycles crew. We haven’t heard much from the San Francisco startup in the past year or so, well nothing official at least, but today the BRD crew has a plethora of milestones to announce.

First up is the addition of $1 million in funding, which was lead by the strategic investment firm Third Shore Group (TSG). The added funds will help keep the BRD’s lights on, and help the EV company bring its RedShift electric motorcycle series into production. As a part of the funding agreement, BRD will also receive human resources from TSG, in addition to opening a satellite facility just outside of Detroit, in Royal Oak, Michigan.

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MV Agusta is Getting Ready for a Future IPO?

06/25/2013 @ 3:39 pm, by Jensen Beeler10 COMMENTS

The-Caterpiller-Alice-in-Wonderland

Right on heels of the news that Massimo Bordi has left MV Agusta, we get news from the Italian marque that Giorgio Girelli has been appointed the new Executive Vice President of MV Agusta Motor SpA. According to the company’s press release, Girelli’s appointment to the MV Agusta’s Board of Directors is part of three-year goal to take the motorcycle manufacturer’s stock to the public market. In case you weren’t sure, this is what a horrible idea looks like.

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MotoCzysz Raising $10 Million Through Equity Stake

06/28/2011 @ 8:40 am, by Jensen Beeler2 COMMENTS

According to cleantech news site NewNet News, MotoCzysz is looking to raise $10 million through a 25% stake in the company. Securing its first MotoCzysz D1g1tal Dr1ve technology order, MotoCzysz is looking to bring its drivetrain products into full production with this investment, as the company reports it is close to securing further industry collaborations.

Funded to-date primarily by high-networth individuals, MotoCzysz will surely seek venture capital investment to raise the needed $10 million. “We have not gone down the venture capital route yet and I think that has so far been of benefit to the company,” said Michael Czysz to NewNet. “We are open to venture capital investment, we would just choose our partners very carefully

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Zero Motorcycles Gets $17 Million Investment

03/17/2011 @ 2:36 pm, by Jensen BeelerADD COMMENTS

Using strictly the Charlie Sheen sense of the word, Zero Motorcycles is WINNING right now. Announcing today that it closed another round of financing, Zero has $17 million of a $26 million round confirmed ($9 million still outstanding). The funding continues to be lead by the Invus investment group, who have been the major financial backbone at Zero Motorcycles. A funding round of that size can only mean one thing for a motorcycle company: going into mass production. Surely enough Zero states its intended use of the funds will go towards ramping up its US-based production plans.

Out of all the electric motorcycle vehicle players, Zero has been the most active in the funding department lately, closing round after round of capital investment. With those investments we’ve already seen changes at the Santa Cruz company, with the 2011 Zero Motorcycles line-up featuring upgrade motorcycles, as well as founder Neal Saiki departing the company.

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The news coming out of the Santa Cruz area today is that there’s been a management shake-up at Zero Motorcycles, as multiple people at the top of the company’s leadership have been given pink slips, including company Founder & CTO Neal Saiki. Recently talking to PlugBike.com‘s John Adamo, Zero Motorcycles CEO Gene Banman denied that Saiki had been let go from the company, saying that Saiki’s absence at the company was due to his child’s recent birth and Saiki’s desire to spend time with his newborn.

However multiple sources close to the company have confirmed to Asphalt & Rubber that Neal Saiki was a part of a larger management shake-up that was precipitated by the company’s lead investor. With many of the terminations expected to be finalized next month, and spanning more than one division at the California-based startup, there appears to be a considerable personnel and culture shift occurring at Zero at this point in time.

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Brammo Raises $12.4 Million in Series B Funds

09/22/2010 @ 10:56 am, by Jensen Beeler1 COMMENT

Brammo Inc. filed the appropriate forms with the SEC yesterday stating that it has raised $12.4 million in Series B funds, in what is still an open round of financing. Brammo hopes to raise a total of $30 million in the Series B offering, with the use of funds likely going towards expanding Brammo’s reach into the Asian and European markets, as well as building out the company’s product line into other target segments.

Also in the Form D filing with the SEC we get a glimpse of the people behind the company’s management, which includes a presence from Brammo’s initial investors Best Buy & the clean-tech venture capital group Chrysalix, as well as Brammo’s CFO Bruce Gilpin. New to the ranks is David Kurtz from Alpine Inc., an oil and gas exploration and development firm that is leading the Series B round with another firm that is so far unknown.

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Mission Motors Raises $3.36 Million Round

06/15/2010 @ 6:06 am, by Jensen Beeler6 COMMENTS

Mission Motors has submitted an SEC Form D filing that shows that the San Francisco based company has raised $3.36 million in a $4.67 million investment round. While Mission Motors won’t comment on the SEC filing, the use of the funds is presumably to go towards bringing production of the Mission One and subsequent Mission motorcycles into reality, as the Mission Motors team gears up to bring its creations to market and establish a production facility.

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Zero Motorcycles Raises Additional $5.5M in Funding

01/06/2010 @ 4:03 pm, by Jensen Beeler2 COMMENTS

Zero Motorcycles has raised an additional $5.5 million in its Series A funding, bringing it’s total war chest to just over $10.5 million in funding to date. The Invus Groups seems to have lead, if not solely financed, the Series A round, and retains two seats on Zero’s Board of Directors. The funding is reported to “help grow the company”, which in these financial climates could mean anything from paying looming costs to amounting cash for harder days ahead. Whatever the reason, it’s a positive sign for Zero Motorcycles, and an early high-point to their 2010 accomplishments.

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