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Hero MotoCorp Forms Joint Venture with Magneti Marelli

Indian manufacturer Hero MotoCorp is teaming up with electronic fuel injection expert Magneti Marelli in a new joint venture. Hero will hold a 60% share in the company with Magenti Marelli controlling the other 40%. The two companies are initially investing a combined US$8.5 million into the joint venture, with a planned  investment of US$27 million total over the next ten years.

Schwantz Headlines 2012 Isle of Man TT Parade Lap

Former 500cc World Champion Kevin Schwantz headlines a star-studded group of racers taking part in a parade lap during the 2012 Isle of Man TT. Schwantz leads the group of six racers, past and present, selected by helmet-maker Arai to take part in the parade lap of the Isle of Man’s Mountain Course. Schwantz has visited the Isle of Man before, but this will mark his first closed lap of the circuit.

AMA Supercross: 2012 New Orleans Results

Ryan Villopoto has already secured the 2012 AMA Supercross Championship but that doesn’t mean he’s ready to let up and take it easy over the remainder of the season. The Monster Energy Kawasaki racer clinched his second consecutive title two weeks ago in Houston, Texas, but he continued his dominance in AMA Supercross’ return to New Orleans’ Superdome, taking the holeshot and leading all 20 laps for his ninth win of the season in 14 rounds. The New Orleans round may have lacked some big names currently nursing injuries such as Ryan Dungey, James Stewart and Chad Reed, but Villopoto provided a star effort in the first AMA Supercross race in the city since 2009.