Aftermarket Moto Design 285 April 2023 AMD285 April 2023 | Page 10

Sources : AMD , IDN , FT , Reuters , PSB , MPN , BDN , MCN , AP , Bloomberg , MSNW , Electrek , electricmotorcycles . news , RideApart . com , Motor1 . com , Cycle World , motorbikewriter . com

NEWS

BRIEFS

Former H-D subsidiary MV Agusta Motor S . p . A . has announced the final resolution of the creditor agreement (" Concordato Preventivo in Continuità Aziendale ") that arose from its 2017 filing . December 29 , 2022 saw a Court in Varese declare that the procedure was resolved , after having ascertained that all outstanding debt with creditors and all obligations under the composition had been entirely settled . The Sardarov family have been supporting MV Agusta financially since 2017 and took control of the company four years ago . Since 2017 , they have injected more than € 180m in order to restructure all of the business practices , pay off all debt under the procedure , support MV Agusta ' s day to day operations " and make sure that the company has a solid business plan for the future growth ." The arrival of the new partner , KTM AG , a company of PIERER Mobility AG , proves that MV Agusta was put on the right path and marks a new positive development under the leadership of CEO Timur Sardarov , who is adamant that a difficult phase in the company ' s history is officially over - " the dark days are over ," he said .
Former Executive VP of Operations Alex Acket has been promoted to COO of Scotts Valley , California based Zero Motorcycles . " In conjunction with our recent raise of $ 167m , and in light of our recent partnership announcements , Zero is reconfiguring its business for greater efficiency and profitability ," said Sam Paschel , Zero Motorcycles CEO .
Internationally respected Dutch apparel manufacturer REV ' IT ! Sport International will return for a second year as the title sponsor of MotoAmerica Twins Cup Championship for 2023 .
AMA Pro Racing has announced Gene Crouch , COO since 2020 , as CEO . Crouch joined the company when it was founded in 2008 . " He ' s spearheaded several critically important initiatives , including developing AMA Pro Racing ' s industryleading timing and scoring as well as the innovative FansChoice . tv livestreaming service . Crouch has also played a critical role in securing major sponsorship and media rights agreements for the series brands that are operated out of the company ' s Daytona Beach headquarters , including Progressive American Flat Track and American Hillclimb ." Crouch takes the baton as CEO from predecessor Michael Lock .
< Varnes with the 2023 Ryan Varnes 68 Memorial Scholarship being awarded to a current-year AFT licensed rider that is competing in SuperTwins , AFT Singles or the Royal Enfield ( Build . Train . Race .) divisions . The scholarship will be awarded to a rider who has been accepted into an educational institution for 2022-2023 , with the award - a minimum of $ 1,500 - being based on academics and not competition results
( www . rv68foundation . org ). AFT has also announced that it has partnered with ' All Kids Bike ' to support its national movement to place Kindergarten PE Learn-To-Ride Programs into public schools . Launched in 2018 , ' All Kids Bike ' has already supported more than 800 schools across all 50 states , providing thousands of children the opportunity to experience the joy of two wheels via an inclusive , proven Learn-To-Ride curriculum ( https :// allkidsbike . org ). Daytona Beach , Florida based Solar-Fit has been announced as the returning Official Solar Contractor of Progressive AFT for the 2023 season . The company was also the sponsor of its home round , the season-opening Daytona Short Track I & II at the Daytona International Speedway in March . Dunlop Motorcycle Tires has extended its official tire support for AFT racing once again - for the seventh straight year - and is continuing the successful Team Dunlop Elite Flat Track program to support amateur racers and continues to include minibike racers . Mike Buckley , Dunlop Sr . Vice President of Sales / Marketing , is quoted as saying : " Dunlop ' s support of amateur racing is unparalleled in the United States . We expect the Team Dunlop Flat Track Elite program will assist riders in their journey to the professional ranks , just as the motocross alumni have over the years ." This year , Jess Reynolds , who was a part of the program since its inaugural year , has graduated out of the program and is on her way toward her AFT professional racing debut , as a Team Dunlop Elite Alumni . She will join the ranks of other alumni , including Chase Saathoff , Logan McGrane , Billy Ross , and many more . Klotz Synthetic Lubricants and Cometic Gasket have signed multiyear partnerships with eight-time Champion Jared Mees . Klotz Synthetic Lubricants is the Official Lubricant of AFT and Cometic Gasket
the sport ' s Official Gasket . New for the 2023 season , the Pronto / Parts Plus Pole Award will see each of the season ' s fastest qualifiers in both Mission SuperTwins presented by S & S Cycle and Parts Unlimited AFT Singles presented by KICKER awarded a $ 500 " Big Check " during the opening ceremonies . The Pronto Network includes more than 200 wholesale distributors , 1,500 auto stores , and 4,000 service centers . Progressive AFT has announced a multi-year partnership renewal with KICKER Performance Audio to continue as both the presenting sponsor of the Parts Unlimited AFT
Singles presented by KICKER class as well as the Official Performance Audio of Progressive AFT . Founded nearly a half-century ago as a two-man operation run out of a onecar garage , Stillwater , Oklahoma-based KICKER has since developed into a global power that designs and ships its highperformance audio products from its 280,000 sq ft facility . KICKER products will once again be awarded to the podium finishers at each
Arai has been named as official helmet for the sixth consecutive year .
VP Racing Fuels has been named official fuel supplier for the fourth consecutive year .
Progressive AFT event , and the 2023 Parts Unlimited AFT Singles presented by KICKER champion will be awarded a full custom installation of new KICKER high-performance products in a vehicle of their choice . Progressive AFT fans will directly benefit from the renewed partnership as well . KICKER is set to expand its custom PA presence at the racetrack , adding a second custom mobile sound system to ensure a spectacular aural experience across the Mission Paddock Hospitality , Victory Lane and the Progressive AFT Marketplace . VP Racing Fuels , Inc . will serve as both the series ' Official Fuel Supplier and Official Performance Coolant for a fourth consecutive season in 2023 . Founded in 1973 and described as " the world leader in fuel technology ," VP Racing Fuels " have fueled champions in virtually every form of motorsport since powering more race winners than any other brand , dominating both two- and fourwheeled motorsport across a wide array of series and disciplines all across the globe ". AFT has confirmed that Arai Helmet , Inc . will continue in its role as the series ' Official Helmet for a sixth straight season in 2023 . Producing motorcycle helmets for more than 70 years , " Arai is globally recognized as the world ' s premier helmet manufacturer . And despite its remarkable motorsport successes over the decades - including numerous titles across Progressive AFT , Formula 1 and MotoGP among countless other series - it remains a small , familyowned company .
" Arai ' s roots in American racing actually began in flat track , with our very first U . S . sponsored racer in the late 70s ," said Brian Weston , Managing Director of Arai Helmet , Inc . " Arai first began racing support to learn and improve , and even after more than 40 years , we continue to apply lessons learned on the racetrack to the helmets we make for our customers . " We make only one level of helmet for all of our customers - racers and street riders alike - the very best helmet we can make for rider protection . Arai proudly puts its family name on every helmet it makes ." www . americanflattrack . com
10 AFTERMARKET MOTO DESIGN - APRIL 2023 www . AMDchampionship . com