2007 Buell Firebolt Xb12r on 2040-motos

Moto blog

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.

EBR Nation Part 2: “Fingertips” [Video]

Erik Buell Racing has released the second part in a series of videos about its 1190RS superbike. Dubbed “Fingertips”, the latest episode examines the RS’s agility, with AMA racer Geoff May comparing the 1190cc motorcycle’s handling to a bike with half the displacement. The series has been interesting so far, though it could probably be better if they toned down the video effects and didn’t edit the dialogue into a series of short sound bites.

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.