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Harley-Davidson to buy motorcycle maker Agusta |
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Written by staff
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 PETALING JAYA: Harley-Davidson Inc has signed an agreement to purchase Italian motorcycle maker MV Agusta Group.
The heavyweight motorcycle manufacturer said under the agreement, the company would acquire 100% of Agusta shares for about 70 million euros, which includes the satisfaction of an existing bank debt for around 45 million euros.
“The agreement also provides for a contingent payment to (Agusta chairman) Claudio Castiglioni in 2016, if certain financial targets are met,” the company said in a statement posted on its website.
Agusta is privately held, with the Castiglioni family owning 95% of shares.
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Honda Announces World's First Electronically-Controlled “Combined ABS” for Super Sport Bikes |
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Written by staff
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 TOKYO, Japan, June 9, 2008–Honda has announced the world’s first electronically-controlled “Combined ABS” for Super Sport motorcycles, aimed at combining ABS and CBS systems into one system that applies the basic advantages of both, while specifically addressing the requirements of a Super Sport context.
In order to achieve this, the particular characteristics of Super Sport bikes, such as short wheelbase, are taken into account. The system also operates without interference to sports riding, and with an emphasis on maintaining full rider control. The system consists of an electronically controlled combined “brake by wire” system with an innovative stroke simulator. Direct motor control ensures precise operation of the ABS. The components are divided into several smaller units so there are more, but smaller units than in previous systems.
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The Kentucky Kid To Air on MTV |
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Written by Motorcycle USA
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Nicky Hayden surprised a lot of people when he knocked off Valentino Rossi as the MotoGP Champion in 2006. Now MTV viewers will get a chance to follow the story when "The Kentucky Kid" airs. |
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Written by Motorcycle USA
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According to early reports, it appears that Honda has claimed the Baja 1000 yet again. |
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AMA Names Athlete of the Year Nominees |
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Written by Motorcycle USA
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The 2007 AMA Superbike and Superstock champion, Ben Spies, is one of the riders nominated for this year's AMA Pro Speed Athlete of the Year. |
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