International Dealer News 172 Apr/May 2023 IDN172 Apr/May 2023 | Page 14

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Yamaha Motor has announced an investment in Andes Ag , Inc ., a U . S . - based start-up pursuing research into beneficial microorganism technologies to remove CO2 from the air . This marks the first investment made through the $ 100m Yamaha Motor Sustainability Fund , established in June last year specifically for investing in early-stage companies working to address climate change . This investment in Andes was made possible through Yamaha Motor ' s Silicon Valley-based group company Yamaha Motor Ventures ( YMV ), the corporate venture capital arm of Yamaha Motor Company .
MV Agusta ' s restructuring has been completed following the final decision of the settlement with the creditors under Italian law (" Concordato Preventivo in Continuità Aziendale "). In its judgment of December 29 , 2022 , the court in Varese declared the proceedings to be over . The judges had previously determined that all outstanding debts to creditors and all obligations arising from the settlement had been settled in full . The company explicitly points out that this result was only possible thanks to the strong commitment of the Sardarov family . Four years ago , the Russians took control of the company and have provided financial support since the settlement began in 2017 . Since then , more than € 180m has gone into restructuring business practices , paying off all debt , supporting MV Agusta ' s day-today operations and ensuring a solid business plan for future growth . In November 2022 , KTM AG , a subsidiary of PIERER Mobility AG , took a 25.1 % stake in MV Agusta Motor SpA as part of a capital increase and thus holds a blocking minority stake . ( B & B )
GasGas won the FIM SuperEnduro Manufacturer ' s World Championship when Taddy Blazusiak , riding the EC 350F , claimed the championship bronze medal in front of his home fans in the fifth and final round of the SuperEnduro World Championship in Poland .

RMS ' Master Classic ' Vespa restoration competition

RMS in Italy has announced the RMS ' Master Classic ' - believed to be the first European vintage Vespa restoration competition - " dedicated to all enthusiastic Classic fans ". The event will be held on Saturday 23rd September , 2023 on the RMS headquarters premises at via Macallè , 156 , 20831 Seregno ( MB ) - around 20 km north of Milan , near Monza . The competition will be judged by a technical jury of experienced professionals from the Vespa world and the prize for the winning restoration will be € 5,000 worth of RMS spare parts . There will be 4 categories : Privateer Stock ; Factory Stock ; Privateer Soft Tuning and Factory Soft Tuning . In addition , there will be an RMS temporary museum with an ' Art in Motion ' exhibition of unique Vespa models that have marked the Italian history of the marque . " Staged in collaboration with Marco Fumagalli from Seregno , proud owner of a large collection of vintage Vespas , we have selected a series of one-of-akind models that , due to Vespa ' s timeless success , will take you back in time and let you enjoy the feeling of the Italian style icon that is recognised worldwide . " Are you the best Vespa rider ? Are you willing to beat Scud racing times ? We are also looking for ' The Best ' Master Classic ' Rider '. " We are offering our participants a quite extensive programme of challenges where they can demonstrate their riding skills - skills that only someone with a deep bond with their Vespa can ever have . " Those tests will include - for Vespa 100s - are you the slowest rider of Seregno ? The challenge is to drive for 100 metres - in the slowest possible time . For the Vespa Jordan - how many baskets can you score on your Vespa ?
' inspired by the past , let ' s start a new era '
" Then there will be ' The Tyre Changer Challenge ' - disassemble your tyre in the shortest possible time , and , finally , and even more difficult , ' The Carburettor Wizard ' - disassemble

GasGas European 2023 Junior e-MX Series

Going into its third season , the allelectric series is revisiting its most popular venues in Spain , Germany and the Czech Republic , with a trip to Villars sous Ecot in France added to the schedule for 2023 . There will 40 spots on the starting grid , and based on the popularity of the series in 2022 , it is likely that those will be taken quickly . The series is being promoted by GasGas , and Rene Esterbauer , GasGas Head of Global Marketing , said that " after two amazing seasons , the European Junior e-Motocross Series continues in 2023 and I ' ve no doubt that it will be just as exciting as previous editions . " The series allows GasGas to show
CALENDAR - 2023 EUROPEAN JUNIOR E-MOTOCROSS SERIES
Round 1 : 7 May - MXGP of Spain - intu Xanadú - Arroyomolinos
Round 2 : 21 May - MXGP of France - Villars sous Ecot
Round 3 : 11 June - MXGP of Germany - Teutschenthal
Round 4 : 15 July - MXGP of Czech Republic - Loket
Round 5 : 16 July - MXGP of Czech Republic - Loket
your carburettor blindfolded ". At the end of the day , the best five riders will compete in the last ' Fiocchi e Fiamme ' test (' Flakes and Flames ') - a secret challenge that will determine only one winner : The Best ' Master Classic ' Rider 2023 . There will , of course , be plenty of fun and social opportunities too - from meeting and greeting to food and beer ( including handcrafted 10th anniversary La Magra beer ) and a Vespa themed menu available all day long . The event is open to the public upon registration by 30th June and there will be a free parking space for anyone who arrives with a Vespa . Registration is through www . rmseventi . it / rms-master-classic
just how awesome our MC-E 5 is , and for young racers to compete on MXGP tracks is an experience that they will never forget . The European Junior e- Motocross Series really raises the profile of e-motorsports in a positive way - it really is something special for all involved ." www . junioremotocross . com
14 INTERNATIONAL DEALER NEWS - APRIL / MAY 2023 www . idnmag . com