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Hero MotoCorp Forms Joint Venture with Magneti Marelli

Indian manufacturer Hero MotoCorp is teaming up with electronic fuel injection expert Magneti Marelli in a new joint venture. Hero will hold a 60% share in the company with Magenti Marelli controlling the other 40%. The two companies are initially investing a combined US$8.5 million into the joint venture, with a planned  investment of US$27 million total over the next ten years.

Arai Helmet Sponsoring Upcoming Superbike Shootout Race Weekends

Arai Helmet has thrown its proverbial hat in the ring by signing up to sponsor the next two events of the new GEICO Motorcycle Superbike Shootout Presented by Yamaha. In addition, Arai has been named the official helmet of the series. The Arai Pacific Nationals will be hosted by the AFM next weekend, May 3-4, at Sonoma Raceway in Sonoma, California.

Isle of Man TT 2012: TT Zero Results – MotoCzysz Wins 100 mph Bounty

Third time’s a charm. 2010 and 2011 TT Zero winner MotoCzysz, with rider Michael Rutter, finally became the first to average a speed of 100 mph on the Isle of Man‘s 37.733 Mountain Course on an electric motorcycle, capturing the long-sought after 10,000 British pound (US$15,000) bounty. Wearing the #1 plate for winning last year’s TT Zero, Rutter completed the 2012 TT Zero with a time of 21:45.33 for an average speed of 104.056 mph on the new 2012 MotoCzysz E1PC.