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New FIM Supercross World Championship planned

By General Posts

MUBADALA CAPITAL BACKS SX GLOBAL
TO LAUNCH NEW FIM SUPERCROSS WORLD CHAMPIONSHIP

Queensland, Australia (March 1st, 2022) — Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, one of the world’s leading sovereign investors with US$243 billion of assets under management, today announced its investment in SX Global, an Australian company established to develop, promote, and commercialize the FIM Supercross World Championship.

Mubadala Capital has established a track record of successfully investing in category leaders across sports, media, and entertainment—including EMI Music Publishing, Endeavor Group Holdings, Reigning Champs, Ultimate Fighting Championship (UFC) and the Yankees Entertainment and Sports Network (YES Network), among others—and this investment continues its history of backing world-class management teams in building differentiated global sports, media and entertainment businesses.

Mubadala Capital’s investment will support SX Global’s expansion plans for supercross and its efforts to capitalize on the exclusive rights it has secured from the Fédération Internationale de Motocyclisme (FIM) to manage and promote the new FIM Supercross World Championship, bringing the exciting sport of off-road motorbike racing to fans across the globe in a new competitive format.

“Our commitment to SX Global and the FIM Supercross World Championship builds on our strategy and track record of selectively investing in premier content properties with strong global appeal,” said Adib Martin Mattar, Head of Private Equity at Mubadala Capital. “We expect that our investment in SX Global will introduce the exciting sport of professional supercross to a global audience and build lasting value by delivering an authentic, exciting and fan-centric experience.”

SX Global’s President, Tony Cochrane, added, “We’re proud to partner with Mubadala Capital, a company that shares our vision and global aspirations for the FIM Supercross World Championship. With the international reach, resources, and business building experience of Mubadala Capital alongside us, we’re looking forward to establishing FIM Supercross World Championship as a leading global motorsport and entertainment property.”

Representing Mubadala Capital on the SX Global Board of Directors will be Matt Kim and Russ Pillar, who collectively bring decades of experience backing and leading global sports, media, and entertainment companies. They will be joining Tony Cochrane, SX Global’s President; Adam Bailey, SX Global’s Managing Director (Motorsport); Ryan Sanderson, SX Global’s Managing Director (Commercial); Tom Potter, Rush Sport & Entertainment; and Tavo Hellmund, Founder, Event Partners Marketing, on SX Global’s Board of Directors.

In December 2021, the FIM awarded SX Global the exclusive organisational and commercial rights to stage, manage and promote the FIM Supercross World Championship. Under the leadership of the SX Global Team, and with the financial backing and support of Mubadala Capital, Supercross will become a true global sports property, competing on a legitimate international platform for the first time in history. The FIM Supercross World Championship will commence in late 2022.

For more information on the FIM Supercross World Championship visit https://fimworldsx.com/
For more information on SX Global visit https://sxglobal.com/
[ For Mubadala Capital interview requests, please contact Salam Kitmitto (sakitmitto@mubadala.ae) ] [ For SX Global interview requests, please contact Gus Burrows (gus@amemanagement.com.au) ]

Mubadala Capital

Mubadala Capital is a wholly owned asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi. In addition to managing its own balance sheet investments, Mubadala Capital manages over $10 billion of third-party capital on behalf of institutional investors in all its businesses, including three private equity funds, two early-stage venture funds, a public fund, and two funds in Brazil focused on special situations.

Mubadala Capital and its affiliated entities have a long track record of owning and/or operating globally recognized sports, media, entertainment and premium content and services properties including EMI Music Publishing, Endeavor Group Holdings, Reigning Champs, Ultimate Fighting Championship, and the Yankees Entertainment and Sports Network.

SX GLOBAL – BOARD

Matt Kim – Non-Executive Board Member
• Matt Kim is a Senior Principal at Mubadala Capital and leads the team’s sports, media and entertainment investment activities. He possesses over a decade of investment experience, and prior to joining Mubadala Capital, Mr. Kim was an investment professional at Bank of America Capital Advisors, where he focused on evaluating private equity investment opportunities globally.
Mr. Kim graduated from Boston University with a B.S. in Business Administration with concentrations in Finance and Entrepreneurship and is a CFA charter holder.

Russ Pillar – Chairperson
• Russ Pillar is a Senior Advisor and Operating Partner of Mubadala Capital where he initiates, evaluates, and manages investment opportunities globally. He is a tenured sports/media/consumer CEO, with executive roles across the Virgin Entertainment Group, Prodigy Internet, the CBS Internet Group, the Viacom Media Group, the Los Angeles Marathon, and Reigning Champs, among others.
Mr. Pillar previously held directorship roles for more than three dozen private and publicly traded sports, media, retail, entertainment, and technology/tech services companies. A Phi Beta Kappa cum laude graduate of Brown University with an A.B. in East Asian Studies, he also is a Henry Crown Fellow at The Aspen Institute and a member of the Aspen Global Leadership Network.

Tony Cochrane AM – President
• Tony Cochrane’s passion and experience forge a formidable combination and have ultimately resulted in some unforgettable milestones in entertainment and sport generally over the past 45 years both in Australia and on the global stage.

Over the past 45 years with partners and solo, Tony has produced and promoted over 400 sporting and entertainment events throughout the world, sold in excess of 25,000,000 tickets with gross sales exceeding two billion dollars, and written nearly $250,000,000 in sponsorship sales.

In his time as Executive Chairman of V8 Supercars, Tony Cochrane was considered the founding father of the ‘modern’ era of motor racing in Australia, the touring car category that was arguably amongst the world’s best. During this period, V8 Supercars had an extraordinary rise to the top of sport within Australia and on the world motorsport scene. It became a multi-million dollar industry under his strong leadership. His credits and performance in world motorsport are uniquely recognised both in Australia and overseas. He holds an FIA acknowledgement and an Order of Australia for his contributions.

Adam Bailey – Managing Director – Motorsport
• Adam’s experience in Supercross began as a competitor in the early 90s. He established an athlete and event management agency in 2005 that represented some of the most respected athletes and brands in this space. These networks led to valuable and unique international industry relationships.

Launching AME Management with Ryan Sanderson in 2012, the duo combined their experience to establish a boutique sports marketing agency in Australia and launched AUS SX Holdings and the AUS-X Open event in 2015. The events went on to achieve sell-out crowds annually for five years including the successful creation and expansion of the FIM Oceania Supercross Championship into New Zealand in 2018 and 2019. Adam leads key aspects of brand creative strategy, content, industry partnerships, international talent and operations.

A creative marketer, many of Adam’s unique PR, marketing and content strategies have helped see the events become recognised and respected, globally.

Ryan Sanderson – Managing Director – Commercial
• Ryan spent five years at V8 Supercars Australia under Tony Cochrane’s reign. In Ryan’s tenure as Sponsorship Manager, he serviced some of Australia’s largest sponsorship properties, managing over 20 V8 Supercars Championship partners, with over $22M in annual spend.
Ryan and Adam launched AME, a sports marketing agency together in 2012 and then sold-out Supercross events in Australia & New Zealand from 2015 – 2019.

Ryan secured major commercial partnerships for both AUS-X Open & S-X Open Auckland Supercross events including Monster Energy, Australian Tourism & State Government funding, Boost Mobile, Michelin, Komatsu, Castrol & Repco/NAPA. Ryan developed leading entertainment, fan engagement and innovative commercial experiences, as well as international TV broadcast distribution including IMG, Seven Network, Fox Sports Australia, CBS, Eurosport & Fox Asia to over 382 million homes.

Ryan brings a unique skillset to SX Global and has extensive international broadcast, promoter and commercial partnership networks globally.

Tom Potter – Non-executive Director | Europe
• Tom is a former racing driver, and a commercial veteran of the McLaren and Williams F1 Teams. Tom founded Rush Sport & Entertainment in 2010 which has grown internationally to become one of the most successful businesses in motorsport sponsorship and marketing services whilst also delivering record-breaking deals for other major entertainment properties such as The Rolling Stones. Rush is responsible for placing over $700million sponsorship of F1, Formula E and IndyCar properties since 2016 alone. Rush has helped identify, structure, negotiate, activate and measure sponsorship investments for brands including Petrobras, Mercedes-Benz, Prudential, IHG, Marriott, Avis, Renesas, Adecco (Modis), Progressive and Saudi Aramco.

Few can boast the level of energy, insight and understanding of global motorsports’ commercial landscape and entertainment value. Tom is an expert at leveraging sports marketing and the sports business environment to create value and accelerate growth.

Tavo Hellmund – Non-executive Director | North America
• Tavo Hellmund was the founder of the FIA Formula-1 United States Grand Prix in Austin, Texas, the co-founder of the FIA Formula-1 Mexican Grand Prix and a co- founder of the Circuit of the Americas race track in Austin, Texas. Tavo Hellmund has been the founder and President/Managing Partner of Full Throttle Productions, LP, Event Partners Marketing, LLC, Grand Prix Partners, LLC and Tavo Hellmund Inc. since 1994.

These companies manage and provide event project management, day of event oversight, staffing/volunteer services, venue planning, consulting and logistics support, marketing, sales, sponsorship, public relations and consultation services for sporting and special events around the world. Tavo Hellmund’s global event production experience includes brokering, sanctioning, producing or promoting over 150 sporting and entertainment events, which have generated more than 1.5 billion dollars in sales.

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Alt-Rock Cruisers: BMW targets American brand’s market

By General Posts

by Jack Baruth from Hagerty.com

BMW R18 meets Indian Challenger and Harley Heritage Classic

The slightly ridiculous 1800cc, two-cylinder, leather-saddlebag, CHiPs-windshielded cruiser I’m trying to force through six stopped lanes of Los Angeles traffic can’t be taken as anything but an admission on the part of the Bayerische Motoren Werke that Harley-Davidson knows

a) what boys like;
b) what men want …

in America, anyway.

CLICK HERE To Read a comprehensive Road Test & Review of the cruiser models from the 3 motorcycle brands.

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Buell Unveiling World’s Fastest Production Dirt Bike in Daytona

By General Posts

Grand Rapids, MI – Buell Motorcycle is back and unveiling yet another future model at Daytona Bike Week 2022. On Saturday March 5th at high noon, Buell will unveil the new Baja DR (Dune Racer) test prototype in their booth at Destination Daytona. The Buell Baja DR will be the world’s fastest production dirt bike, built right here in America.

“This is a pivotal moment for American motorcycles and really puts Buell on the map. We are on track to build the world’s fastest and solely American-built production off road bike,” said Bill Melvin, CEO of Buell Motorcycle Co. adding, “less than 1% of the world is covered with pavement, the Buell Baja DR is designed to dominate the other 99.7%. It will give riders the freedom to go anywhere in the world, faster and with more power, harnessing our 1190 engine. The Buell Baja DR is a beast, elevating the brand to even greater heights, and will bring passion back for American-built motorcycles.”

Buell’s entry into the off-road segment won’t go unnoticed by the competition. The Buell Baja DR takes its design inspiration from Buell’s success on the American Hillclimb racing circuit with 2X World Champion Logan Cipala on board. Buell has posted videos of the race prototype on their Instagram page. The 1190 flies through the air, while racing in only first gear!

The production Baja DR model specs and features are: 175hp liquid cooled, 72-degree V-twin engine with 101 ft lbs. of torque, trellis frame, adjustable swing arm for a 66” to 70” wheelbase, and industry standard 37” seat height with 26.75 degree rake. The Buell Baja DR will be unmatched at the top of the market for speed and performance, while clearly signaling the New Buell will not be strictly on-road any longer but going off-road too.

Reservations for production slots for the Baja DR model will go live on March 5th at 12pm EST (noon) and cost just $25. Estimated retail for the model will start at $19,995 with production planned for 2023.

Learn more about what the future has to offer from Buell at Daytona Bike Week 2022 with the unveiling of the new Baja DR and SuperTouring model prototypes on Saturday March 5th. Both motorcycles will be available for customers to view March 5th to 13that Destination Daytona in the booths 100 yards north of JP Cycles Superstore.

Buell is back and unveiling the future while delivering excitement at every turn.

For future Buell updates, follow our news page on our website and our social media pages.

Website: www.BuellMotorcycle.com

Email for Information: Info@BuellMotorcycle.com

NCOM Biker Newsbytes for February 2022

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Industry & Legislative Motorcycle News from USA and the world
Compiled & Edited by Bill Bish

National Coalition of Motorcyclists (NCOM) News provides updates on motorcycle industry, market, legislation, rights of bikers, motorcyclists in USA, and motorcycle news from around the world.

  • U.S. MOTORCYCLE SALES CONTINUE UPWARD TREND
  • BUMPER YEAR FOR BIKING DESPITE REPEATED COVID THREATS
  • BRACE FOR DAMAGED SUPPLY CHAIN RECOVERY
  • STUDY SHOWS THAT ETHANOL IS WORSE FOR THE CLIMATE THAN GASOLINE
  • RHODE ISLAND PROPOSES TAX CUT FOR MOTORCYCLE RIDERS
  • UK DECARBONIZATION PLAN EYES E-BIKES
  • DANES FACE MOTORCYCLE CONFISCATION FOR ‘INSANE’ RIDING
  • RESEARCHERS FIND DRIVERS AND RIDERS SEE DIFFERENTLY

CLICK HERE To Read the February 2022 NCOM News on Bikernet.com

ABOUT AIM / NCOM: The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal fees from motorcycle accidents back into the NCOM Network of Biker Services (www.ON-A-BIKE.com / 800-ON-A-BIKE).

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Veterans Crisis Line: Remembering & Caring

By General Posts

article by DMAC

Veterans Crisis Line
1-800-273-8255

This is the third year that the American Legion Riders Post #104 gather to remember their brother, a retired Air Force veteran with 22 years of service.

The annual memorial event this year was a Poker Run and Fundraiser with all proceeds being donated to K9s for Warriors.

CLICK HERE To Read this article on Bikernet.com and learn more to spread awareness about Veterans

K9s for Warriors Mission: “Determined to end veteran suicide, K9s For Warriors provides highly-trained Service Dogs to military veterans suffering from PTSD, traumatic brain injury and/or military sexual trauma.”

You can find out more about K9s for Warriors at their website: https://k9sforwarriors.org

CLICK To Read: National Veteran Suicide Prevention Annual Report/September 2021

You are not alone.
If you or anyone you know is a Veteran needing any form assistance or care, please contact the Crisis Line.

Call 1-800-273-8255