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Erik Buell Racing Secures $20 Million in Foreign Investments

Erik Buell Racing has received a $20 million injection from investors. The increased funding is expected to expand the company’s product line and create about 200 jobs. The investment comes through the somewhat fittingly-named “EB-5” program, a product of the Immigrant Act of 1990 designed to encourage investment in American companies by potential immigrants.

Hero MotoCorp Launches 125cc Ignitor in India

Hero MotoCorp has launched the Ignitor, a 125cc premium model based on the CBF Stunner from former partner turned rival Honda. The Ignitor is one of the final models Hero will produce with technology licensed from Honda, and it is expected to bridge the gap before Hero introduces its own new models (with help from a gentleman named Erik Buell.) Like the Stunner, the Hero Ignitor is powered by a 125cc single-cylinder engine. Both models claim 11hp and 8 ft-lb., but the Ignitor reaches its peak torque at 5000 rpm while the Stunner has to spin up to 6500 rpm.

Results From Day 2 Of World Superbike Testing At Phillip Island

World Superbike testing at Phillip Island came to a close today, and when the dust settled, reigning champion Tom Sykes stamped his authority, setting the fastest time of the test at 1:30.239, just five thousandths shy of the outright lap record held by Carlos Checa. The time was set during the morning session of testing, though nobody was able to best Sykes for the remainder of the day. Eugene Laverty, who was fastest on day one, showed his pace was no fluke as he stayed near the top of the time sheets, ultimately finishing second behind Sykes, with a best time of 1:30.513.