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
Tesla reported a 9 % decline in Q1revenue and a continued erosion of its profit margins as a sharp fall in sales of its vehicles starts to bite . Many analysts cite Tesla-specific factors , but while they are no doubt having an effect , the primary issue is likely to be that the entire global EV market is softening .
BRP is to effectively buy-back 1.5 million of the " Subordinate Voting Shares " in BRP that are owned by Bain Capital - BRP ' s largest shareholder - with debt . The deal is not straightforward though , as the shares will actually be in the hands of BMO Capital Markets ( not BRP ) as the financier putting up the money that Bain will receive . Bain and its affiliates currently hold 13,625,187 Multiple Voting Shares of the company , representing approximately 18.2 % of BRP issued and outstanding shares and some 29.7 % of the voting power attached to all of the shares . Following the closing of the deal , Bain and its affiliates will hold 12,125,187 MVS , representing approx . 16.2 % of the issued and outstanding shares and approximately 27.1 % of the voting power attached to all of the shares . The word ' byzantine ' comes to mind .
Westbury , England based rubber compounder SPC Rubber Group , and its Managing Director Paul Hallas , is backing a new " global motorsport brand " called NOVA Motorsport , created to " enhance premium competition and specialist tires ." In fact , the principal business of NOVA , initially at least , has been to acquire Portugal ' s only tire manufacturer Carmac and take over the assets , including the brand license for AVON Motorsport and AVON Racing - including the IP , manufacturing kit and unsold inventory of AVON Motorsport Tyres to return the line to production . NOVA is basing itself at a new global technical center some five miles from AVON ' s former premises at Melksham in England . The leadership team at NOVA includes former head of AVON Motorsport , Paul Coates . This new entity will not be involved in the production of AVON motorcycle tires .
In USA , LiveWire has had to recall 523 2024 S2DM ( S2 Del Mar ) models because the Vehicle Supervisory Control ( VSC ) software may initiate and cause a powertrain shutdown as a result of internal software voltage thresholds being exceeded . LiveWire will release an over-the-air ( OTA ) software update .
Kyle Wyman Sets New Track Record and Wins KOTB in Texas for H-D
Harley factory racer Kyle Wyman took a dramatic win at Circuit of the Americas ( Austin , Texas , April 13 , 2024 ) aboard his race-prepared 2024 Road Glide , finishing the doubleheader race day with second and first place finishes - his teammate James Rispoli taking fourth and third place finishes . Staged as part of the MotoGP Grand Prix of the Americas race weekend on the challenging 3.4-mile , 20-turn Circuit of the Americas road course , the first six-lap race saw Factory Indian and S & S rider and pole sitter Tyler O ' Hara lead a breakaway pack of six bikes , including Wyman and Rispoli , for the first five laps . Wyman snatched the lead from O ' Hara on the final lap , factory Indian and S & S rider Troy Herfoss coming him after fighting his way to the front from as far back as sixth place .
KOTB 2024 Round 3 - COTA , Texas Race 1
Troy Herfoss ( Ind ) S & S / Indian Motorcycle Kyle Wyman ( H-D ) Harley-Davidson Factory Racing Tyler O ' Hara ( Ind ) S & S / Indian Motorcycle James Rispoli ( H-D ) Harley-Davidson Factory Racing Hayden Gillim ( H-D ) RevZilla / Vance & Hines Harley-Davidson Rocco Landers ( H-D ) RevZilla / Vance & Hines Harley-Davidson Bobby Fong ( Ind ) SDI / Roland Sands Racing Cory West ( H-D ) Saddlemen / Harley-Davidson Kyle Ohnsorg ( Ind ) RydFast Racing Max Flinders ( Ind ) Mad Monkey Motorsports Travis Wyman ( H-D ) Saddlemen / Harley-Davidson
KOTB 2024 Round 4 - COTA , Texas Race 2
Kyle Wyman ( H-D ) Harley-Davidson Factory Racing Troy Herfoss ( Ind ) S & S / Indian Motorcycle James Rispoli ( H-D ) Harley-Davidson Factory Racing Bobby Fong ( Ind ) SDI / Roland Sands Racing Tyler O ' Hara ( Ind ) S & S / Indian Motorcycle Hayden Gillim ( H-D ) RevZilla / Vance & Hines Harley-Davidson Rocco Landers ( H-D ) RevZilla / Vance & Hines Harley-Davidson Kyle Ohnsorg ( Ind ) RydFast Racing Max Flinders ( Ind ) Mad Monkey Motorsports Cory West ( H-D ) Saddlemen / Harley-Davidson
Moments later Herfoss dove below Wyman heading into turn 15 , forcing Wyman wide . Herfoss held on for the win , crossing the finish line 0.295 seconds ahead of Wyman - with O ' Hara third , Rispoli fourth , and RevZilla / Motul / Vance & Hines H-D rider Hayden Gillim fifth - all separated by less than one second . Later that Saturday afternoon , the second six-lap race of the weekend doubleheader saw Herfoss and Wyman pass O ' Hara on lap two and gradually open a gap over the second group of riders , led by Rispoli . Wyman stalked Herfoss until the last lap before making his move on the brakes going into turn 1 . Wyman then laid down a near perfect lap , setting a new lap record for the class at 2:14.8 and a win by 0.677 seconds . After four of 18 rounds in the 2024 MotoAmerica Mission King Of The Baggers series , Wyman leads the championship with 95 points . Herfoss is second with 85 points , followed by Rispoli with 61 points , O ' Hara with 46 points and Gillim with 45 points . Next up : April 19-21 , Michelin Raceway Road Atlanta , Braselton , Ga . ( during the MotoAmerica Superbikes at Road Atlanta event ).
22 AFTERMARKET MOTO DESIGN - MAY 2024 www . AMDmag . com