2016 Indian Springfield on 2040-motos

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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.

Bonhams Las Vegas Motorcycle Auction Rakes In $1.8 Million

  A collection of classic motorcycles including some owned by the Du Pont family was auctioned by Bonhams in Las Vegas, with sales reaching $1.8 million, nearly double the pre-auction estimates. The auction included 50 motorcycles and 113 lots of spare parts from the Du Pont family including some from the personal collection of E. Paul du Pont, founder of Du Pont Motors and one-time president of Indian Motorcycles.

India Lands World Superbike Championship Round

The world’s second-largest motorcycle market will host the World Superbike Championship, with India’s Jaypee Sports International signing a four-year agreement with series organizers Infront Motorsports. India’s first World Superbike round will take place March 9-10, 2013 at the Buddh International Circuit in Greater Noida, near New Delhi. The rest of the 2013 WSBK calendar is yet to be announced, but the Buddh round will likely be second on the schedule behind Australia’s Phillip Island round.