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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.

A Man of LOVE

I had a unique opportunity this week to sit down with Oliver Shokouh, the founder of the Love Ride, only days before the 25th anniversary of the purportedly largest one-day rally in the world, kicks-off this coming Sunday, October 26. First and foremost I’m very grateful for Oliver to set aside over half an hour of his precious time so close to the event. Not only does he head-up this massive event, he’s also busy running the very busy and successful Harley-Davidson/Buell of Glendale (California).

Hero MotoCorp Returning As Title Sponsor For EBR in AMA Superbike. Yates Joins May As Team Riders

Today, Erik Buell Racing announced Hero MotoCorp, the world’s largest motorcycle manufacturer in terms of unit volumes by a single company in a calendar year, will return as title sponsor for the Team Hero EBR 1190RS in the 2013 AMA Pro Racing American Superbike series.  The Team Hero entry will be for returning rider, Geoff May, aboard his familiar number 99 machine. Mike Fitzgerald will be his crew chief, with Ryan Kelly and Grant Singley making up the rest of May’s crew. In addition, in a similar fashion to last year, expect to see several Hero technicians working alongside the team as they prepare themselves and hone their skills for racing in India.