American Motorcycle Dealer AMD 248 March 2020 | Page 16

NEWS BRIEFS Ambitious British motorcycle maker Norton has filed for bankruptcy amid a flurry of accusations of pension fund misuse and general financial malfeasance. It looks highly likely that some kind of Phoenix Norton project will emerge, with several motorcycle industry and former investors rumored to be trying to rescue the brand. Norton's Chinese proto- collaborator Zongshen could be a candidate, and while Triumph have ruled themselves out of the running, their Indian partner and KTM shareholder Bajaj Auto may be another. Polaris announced a +2% in its regular quarterly cash dividend, raising the payout to $0.62 per share. This increase represents the 25th consecutive year of Polaris increasing its dividend effective with the 2020 first quarter. The tough times for newstrade dependent print magazine publishers continues with leading German custom motorcycle and tattoo magazine publisher and event operator Huber Verlag filing for a form of bankruptcy protection. It is expected to emerge from what is essentially an administration process with the most popular of its publishing assets and its annual Bad Salzuflen Custombike Show (December) intact. Industrial Opportunity Partners (IOP), an "operations-focused" Evanston, Illinois private equity investor which owns Torrance, CA. based Edelbrock LLC, has bought the COMP Performance Group - aka Competition Cams of Memphis, TN. Best known in the V-twin market for its V- Thunder range of cams and valvetrain components, initially at least the respective management teams will operate as independent organizations. Vic Edelbrock was a legendary automotive aftermarket performance parts engineer (best known for Edelbrock heads), racer and one of the founders of the American hot rod movement. On his son Jr.'s watch the company was active within the V-twin market for a decade or so around the turn of the century - especially with Twin Cam EFI Performer RPM kits for Twin Cam Big Twins. Vic Sr. was famous for being the first man to get one horsepower per cubic inch from a 283 Chevy small-block in 1958. 16 Vance & Hines - AFT SuperTwins Class Sponsorship, Operation of H-D Team Vance & Hines has been named the presenting sponsor of the American Flat Track (AFT) SuperTwins class, the premier AFT racing class, and has confirmed that it will continue to provide 'end-to-end' support for Harley-Davidson's three riders in the series. Team members include former Champion Bryan Smith, Jarod Vanderkooi and Dalton Gauthier, who will ride Vance & Hines-tuned Harley- Davidson XG750R motorcycles. "It's natural for us to dive deeply into this series. Vance & Hines was built on making motorcycles go fast. Our partners at Harley-Davidson, our customers and our employees know how passionate we are about racing," said Terry Vance, the Hall of Fame drag racer who founded the company with his tuner/partner Byron Hines in 1979. Vance & Hines President Mike Kennedy, who during his tenure at Harley-Davidson launched the company's highly successful efforts in NHRA Pro Stock motorcycle drag racing, feels just as engaged. "Our AFT Starting with the season’s first race in Daytona Beach, AFT has renamed the premier class as the AFT SuperTwins presented by Vance & Hines. www.vanceandhines.com Hall of Fame drag racer and Vance & Hines co-founder Terry Vance will continue to lead Harley-Davidson’s efforts to win another championship in American Flat Track racing. sponsorship program places our brand prominently in front of our fans and running the Harley-Davidson racing program puts us right there on the track. This is who we are," said Kennedy. "We make great performance products, and we do that because our racing DNA guides our product development and our production. No other company in the industry is as engaged in racing performance as Vance & Hines, and we're really proud of that." Harley-Davidson factory team member Jarod Vanderkooi (#20) will begin this year’s campaign to win AFT’s SuperTwins presented by Vance & Hines at Daytona in March. FTR 1200 Rally - a Scrambler with Cruise Control Indian Motorcycle used the occasion of being returning presenting sponsor for the 11th annual One Moto Show (Portland, Oregon, February 7-9) to follow up Drake's 2019 unveiling of his custom Indian FTR 1200 hooligan race bike with a new model for the North American market, alongside the debut of a custom Indian Challenger by motocross icon and custom builder Carey Hart. The 1200 cc FTR Rally is described as combining "Scrambler styling with modern performance." Launched internationally in Milan at EICMA in November 2019, the FTR Rally is now shipping to Indian Motorcycle dealers throughout the U.S. and Canada. "With an urban Scrambler aesthetic that's certain to turn heads, the FTR Rally takes a step in a new direction while still maintaining some of the original styling DNA of the FTR 1200. The FTR Rally features Titanium Smoke paint on the Indian Motorcycle headdress graphic, aluminum wire wheels with stainless steel spokes and a red pinstripe, brown aviator seat, a new rally windscreen and Pirelli AMERICAN MOTORCYCLE DEALER - MARCH 2020 Scorpion Rally STR tires. Reid Wilson, Vice President of Indian Motorcycle, said: "We're excited to offer North American riders a new take on the FTR 1200 that combines the unmistakeable look and stance of the FTR with the more classic, rugged elements that have made scramblers so beloved to city riders. The FTR 1200 is as much about style and self-expression as it is about street-oriented performance, and the FTR Rally delivers that combination in a totally unique way." Said to "combine responsive handling with upright ergonomics to create a commanding riding experience suitable for urban environments or backroad adventures," the FTR Rally is equipped with cruise control [a bit weird - Ed.], a USB fast charge port, new two inch higher ProTaper handlebars and an LED headlight and turn signals. "The 1203 cc V-twin engine features a smooth power delivery with loads of low-end punch. The engine produces 123 horsepower, 87 ft-lbs of torque, and features a flat torque curve to deliver a fun riding experience in all conditions. The engine is housed in a black trellis frame and the FTR Rally will continue to feature an inverted front suspension with radially mounted dual Brembo brakes for exceptional control and stopping power." Pricing will start at $13,499 MSRP. www.AMDchampionship.com