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New MotoGP Rules for ECU and Factory Status for 2014

The Grand Prix Commission released new rules for the 2014 MotoGP season regarding the standard electronic control unit and what constitutes “factory status” for manufacturers. Starting in 2014, the official MotoGP ECU including internal datalogger from Magneti Marelli will become mandatory. Factory teams will be allowed to program their own ECU software while privateers will be required to run the standard software.

Honda Reports 2013-2014 Sales Results

A strong fourth quarter helped Honda see a 9.8% increase in motorcycle sales and a 9.3% increase in motorcycle revenue for its fiscal year ended March 31, 2014. The Japanese manufacturer reported sales of 17.0 million motorcycles and ATVs over the fiscal year, up from the 15.5 million sold in the previous year. Honda’s worldwide motorcycle sales increased in each of the previous seven quarters going from 3.8 million in the Q2 last year to 4.5 million in the most recently completed quarter.

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.