Latest Bike News

Hero MotoCorp buys stake in Erik Buell Racing

July 1, 2013 by Jim Gorde Leave a Comment

India’s leading two-wheeler manufacturer, Hero MotoCorp issued a statement to the Bombay Stock Exchange stating that the company’s United States arm has agreed to buy a 49.2% stake in performance bike firm and technology partner Erik Buell Racing for a whopping $25 million. The Indian firm has already invested $15 million in Erik Buell, and the remaining $10 million would be cleared within the next nine months. Hero MotoCorp was on the look out for a dependable technology partner for their two-wheeler business, and after their fallout with long time partner Honda Japan, had earlier announced their tie-up with Eric Buell’s racing and performance bike company.

The company had showcased a performance motorcycle in the 250-cc range which we hope reaches production soon. With the added investment, we expect Hero MotoCorp to unveil new, more exciting and technologically advanced products in the near future. The company has also clearly stated their interest in overseas expansion, with their motorcycles going on sale in several Latin American and African countries.

Story: Jim Gorde

Mahindra Centuro launched; more models on the anvil

July 1, 2013 by Jim Gorde Leave a Comment

Mahindra Two-Wheelers have introduced their second motorcycle in India packed with interesting features and featuring an aggressive price-tag.
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Mahi Racing back on top as Sofuoglu wins in Imola

July 1, 2013 by Jim Gorde Leave a Comment

It was a good day in Imola for Mahi Racing Team India with their rider Kenan Sofuoglu finishing on top in the seventh leg of the 2013 World Supersport Championship, pipping leader Sam Lowes from previous race by three seconds.

The 2012 world champion, Sofuoglu began the race in second after the qualifying on Saturday, and overtook Lowes on the very first turn going on to maintain the lead throughout the race, which had its share of drama with an oil spill on the track. Until the oil incident, Sofuoglu had asserted his supremacy on the race, setting the fastest lap of 1’51.960 on the third lap to open up a considerable gap between himself and Lowes.

With 14 laps to go, the race was red flagged when Valentin Debise, the Prorace Honda rider, had an engine blow and spilled oil onto the track. Though not an immediate stop, two more incidents of riders slipping due to the oil spill forced the stewards to bring out the red flags and end the race.

Sofuoglu’s victory also meant the end of a four race winning sequence for Lowes. The team’s second rider, Fabien Foret, finished 12th in the race.

With Mahi Racing Team getting back to a winning spree, Sofuoglu is now second in the overall standings with 106 points, 35 points behind Sam Lowes. His team mate Foret is in third position with 85 points.

Arun Pandey, Chairman of Mahi Racing Team India congratulated Sofuoglu for securing top honours and said the performance on Sunday was proof that they were indeed the strongest contenders in this year’s Championship. He stated, “With half way mark, the performance of the riders are very satisfying right now and we are confident we will be only bettering ourselves hereon”.