World Superbike to Raise Price Cap on Production Race Bikes
Fri, 21 Oct 2022Now we know why the Panigale V4 R launch was delayed a week
When Ducati revealed the 2023 Panigale V4 R last week, we raised an eyebrow when we saw its $44,995 price tag. As we noted in our First Look article, this exceed the price cap to be eligible for World Superbike racing. According to 2022 regulations, sport production machines were capped to a price of €40k, and the previous Panigale V4 R fit snugly below that price cap. The 2023 model, however, comes in at €43,990 in Ducati’s home market, Italy. We figured another shoe had to drop.
And drop it did, mere days after the Panigale reveal. To the surprise of absolutely noone, the Superbike Commission announced changes to the World Championship regulations, including an increase to the price cap on homologated production models. The announcement, which can be read in full here, includes this paragraph:
“Due to the global economic situation and the recorded inflation, the FIM wished to consider the
cost evolutions of production machines for 2023. A general proposal for a maximum percentage
of increase of the maximum retail price of homologated production models was approved. The
exact amounts and percentages will be published at a later stage.”
As the announcement notes, the exact amount of the increase will be announced later, but we think it’s safe to assume the new price cap will be €44,000, or 10 euros more than the Panigale V4 R’s price.
The timing of the rule change also explains why Ducati pushed the Panigale V4 R’s announcement back by a week. Ducati initially scheduled the launch for Oct. 7, but announced on the 6th that its World Première presentation would be postponed “due to organizational reasons”. The announcement was then made on Oct. 14.
As the announcement states, the Superbike Commission decided on the rule changes during meetings in Portimão, Portugal on Oct. 6-8. Putting two and two together, it seems Ducati’s “organizational reasons” were to provide the Commission time to approve the price cap increase on Superbikes.
Ducati holds a lot of sway in World Superbike, and there was no way Ducati would price the Panigale V4 R for nearly €44,000 unless it was confident the price cap would change accordingly. Ducati currently leads the manufacturer standings and Aruba.it Racing Ducati rider Alvaro Bautista leads the riders standings with a few rounds remaining. Barring a dramatic comeback, Ducati is poised to win its first rider and manufacturers championship since 2011. With success close at hand, Ducati would want to ensure it would continue to be competitive in 2023.
Besides the increase to the price cap, the Superbike Commission also approved changes to rules about podium ceremonies, wildcard allocations, the use of E40 fuel, and the creation of a new Super Concession system that would allow manufacturers to update more parts in the interest of competitive balance.
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Dennis has been a part of the Motorcycle.com team since 2008, and through his tenure, has developed a firm grasp of industry trends, and a solid sense of what's to come. A bloodhound when it comes to tracking information on new motorcycles, if there's a new model on the horizon, you'll probably hear about it from him first.
More by Dennis Chung
Inflation strikes again.
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Mad4TheCrest on Oct 22, 2022
Greed and opportunism, is more like it 😡
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Imtoomuch on Oct 24, 2022
You are insane if you think inflation has nothing to do with price increases. Supply and demand also affects it.
Humans are greedy by nature because we are animals. Are you willing to share your money with me? Or are you greedy?
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Mad4TheCrest on Oct 25, 2022
Sharing my money with you would be foolish, not sharing would be wise, not greedy.
And you completely missed the point of my comment: given the general inflation, there are people and businesses who use that as an excuse - an opportunity - to raise their prices even higher than needed to balance inflation, because they are greedy. Greed and opportunism, get it?
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Imtoomuch on Oct 26, 2022
No, you went right from inflation to greed. It's not their fault that you aren't as well off as them.
Small wonder the overall class keeps going down the toilet sales-wise.
Rather than maintaining one of the reasons for sportbikes' former popularity - affordability for performance, instead the effort is being put into increasingly unaffordable specials, a strategy the Japanese makers are reticent about (and for good reason).
While you can praise Ducati for their investment, they are leading the overall sport away from sustainability.
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John burns on Oct 26, 2022
extreme wealth inequality at work.
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TechGuy5489 on Oct 31, 2022
The class is declining because super bikes are hot garbage road bikes and there are FAR better options available these days. It also doesn't help that many people in the younger generations aren't especially interested in motorcycles... or vehicle ownership/riding/driving in the first place.
It's a homologation bike. They have to sell 500. It doesn't need to be affordable. It's more interesting when it isn't.
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Basher97531 on Nov 01, 2022
The issues the sport bikes have on the road are IMO massively exaggerated. No one would have bought them in the first place if they were half a bad as made out.
Low wage growth and skyrocketing house prices is likely a bigger problem, and in any case as motorcycles never had a really broad appeal I doubt the potential market segment has gone down that much.
The motorcycle industry's marketing is stupidly impenetrative and the overall accessibility of the sport to potential viewers is poor. There's not much pulling people in and what is there isn't very good.And no, I don't think the development of these super expensive bikes has made things more interesting. It'd be better for the overall market for more effort to be put in lower down the price scale in any case.
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TechGuy5489 on Nov 03, 2022
Sport bikes don't offer anything special on the street for anyone sensible enough to be concerned about keeping their license and not making their likely sky high insurance rates on said sport bike even higher. A Ducati Monster's ability to rocket you up to felony stop territory is not meaningfully different from a Ducati Panigale's but it comes with a more comfortable rider's triangle, bars instead of clipons, a nice seat, bigger range, an engine that's designed for low end grunt instead of 14k RPM power, you can slap bags on the thing, you can accommodate a passenger reasonably, and you walk out of the dealership with a bike and an extra 10k left in your pocket. There are better options these days. People don't have to choose between performance and practicality.
P.S. Ducati making a 45k bike doesn't imply that they don't also make a 10k bike. It doesn't make 200hp, take special oil, or have wings but you aren't paying for that when you only want to spend 10k are you?
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Basher97531 on Nov 03, 2022
This era of practical allrounder bikes has seen sales in the US of half the mid 00's peak, and only with everyone spending willy-nilly during the pandemic have sales risen significantly. The same goes in my home country Australia - not quite as dramatically, but it's been much weaker than before.
It's catering to an existing, ageing market rather than a growing one. Few under the age of 30 care about any of the things you listed. Get money into their hands again and get some affordable superpsorts back onto the market and they will sell. Yes that may take some massive changes of political settings (God forbid we encourage wage growth over housing speculation) but that will make a difference. Increasing homogenisation measurably hasn't.
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See also: 2023 Ducati Streetfighter V4, V4 S, and V4 SP2 First Look, 2023 Ducati Panigale V4 R First Look, 2023 Ducati Multistrada V4 Rally - First Look.