2003 Buell Blast Only 897 Miles!!! (fort Lauderdale) on 2040-motos

Moto blog

Hero MotorCorp Buys Half of Erik Buell Racing

According to a press release from Hero MotorCorp, the U.S. arm of Hero, HMCL (NA), has agreed to purchase 49.2% of Erik Buell Racing for $25 million. HMCL (NA) is said to have transferred $15 million to EBR with the remaining $10 million to be paid within the next nine months. Hero says it will have two members and one observer sitting on the EBR board of directors but Erik Buell will continue as Chairman and CEO of the company.

Larry Pegram’s EBR 1190RX AMA Race Livery Looks Sharp!

In January news broke that Larry Pegram would be teaming up with Erik Buell Racing to race the 1190RX in AMA Superbike. At the time no official photos were revealed, but that’s all changed as Pegram posted these pictures of his completed 1190RX in full race livery on his Facebook page. These photos were captured during team testing in Florida, and the colors show off the all-American design motif.

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.