Ducati.org forum banner
1 - 17 of 17 Posts

·
Registered
Joined
·
2,127 Posts
It's unfortunate, but it was gonna happen. World Superbikes was crazy, they should have kept it local.
 
  • Like
Reactions: rubbish

·
Registered
Joined
·
8,735 Posts
Even in AMA, they didn't really impress much.

I found this news to be pretty surprising though...with all that money from Hero, I wouldn't have thought they'd run out so soon.

The "sort of funny thing" is the way things happen sometimes. I'm not the type that really believes in "everything happens for a reason" usually, but I've applied for jobs at EBR multiple times in the last 3 years with no success. I really wanted to go there, but now I'm very glad that didn't happen! I guess this was one of those times when things happen for a reason :)
 

·
Registered
Joined
·
6,932 Posts
^^^ although the job @ Michelin would have been sweet....just guessin.....
 
  • Like
Reactions: rubbish

·
Registered
Joined
·
1,331 Posts
I hope you understand that it's Buell's company EBR that has filed for bankruptcy, not the race team?

Larry Pegram has spoken following reports on Wednesday that Erik Buell Racing (EBR) has filed for bankruptcy and is ceasing operations. The news sparked questions about the imminent future of Team Hero EBR as the WorldSBK paddock convened in Assen on Thursday ahead of this weekend’s Dutch Round.

“For Team Hero EBR, nothing has really changed,” Pegram stated. “We are going to be racing this weekend and we plan to continue for the season. All indications are that we are going to be able to do that.

“There is obviously some restructuring and financial stuff going on in the USA, but we are over here in Assen and getting ready for a good weekend.”

Asked whether completing the 2015 season with two bikes – for Pegram and team-mate Niccolo Canepa – is genuinely feasible, Pegram replied:

“We are confident that everything is okay; we have got some assurance with that and we are looking forward to the rest of the season.”
 

·
Registered
Joined
·
6,932 Posts
Don't know all the in and outs of this deal...but a friend racing a New Buell 1199 (WSBK Spec) told me last race @ NOLA, that HERO is HUGE... and they were employing 25/30 folks working on the WSBK Race bikes!!! I know there are lotsa scooters in India.... but....damn!!!

Rub, can you say "job application"???
 

·
Registered
Joined
·
1,331 Posts
Don't know all the in and outs of this deal...but a friend racing a New Buell 1199 (WSBK Spec) told me last race @ NOLA, that HERO is HUGE... and they were employing 25/30 folks working on the WSBK Race bikes!!! I know there are lotsa scooters in India.... but....damn!!!

Rub, can you say "job application"???

Absolutely. Hero's cash is not the issue. The plain fact is that Buell simply could not sell motorcycles. Americans may lament the passing of Buell but they didn't support him by buying the bikes.
 

·
Registered
Joined
·
6,932 Posts
Nope... true that... :(
 

·
Registered
Joined
·
8,735 Posts
^^^ although the job @ Michelin would have been sweet....just guessin.....
Yes, I'm still bitter about that...plus Michelin ain't going anywhere anytime soon.
 
  • Like
Reactions: 219R

·
Registered
Joined
·
8,735 Posts
  • Like
Reactions: 219R

·
Administrator
Joined
·
2,954 Posts
I was going to post what Zoot did, but he beat me to it. I saw the same interview with Pegram. I hope they make it through the season.

And Buell's have never been big sellers, even when they were part of H-D.
 

·
Registered
Joined
·
146 Posts
An EBR dealer around here has listed their bikes with a $6500 discount... I wonder without support what you would do for service? Crazy...
 

·
Registered
Joined
·
1,331 Posts
Another thing to consider here is that the race team is well funded by Hero but in order to continue on the uncompetitive Buell EBR need to produce 1000 units for sale to the public by the end of the year. That's not going to happen. The likelihood is that hero will soon switch to another package. I have no idea what that might be but Canepa is top dog in that team and he is fond of and familiar with the Ducati.
 

·
Registered
Joined
·
2,127 Posts
Pegram racing pulls the plug on World Superbike racing.

superbikeplanet.com said:
CLAUDIO QUINTARELLI DISAPPOINTED BY THE AMERICAN MANAGEMENT OF HERO EBR TEAM

Claudio Quintarelli and his company QB Racing Team wish to strongly distance themselves from Larry Pegram's company Annelida Racing Incorporated, the American firm who managed the Team Hero EBR team this year in the FIM Superbike World Championship.

After managing the Team Hero EBR squad in 2014, Claudio Quintarelli's QB Racing Team had been responsible for all the logistics, accounting and all the Marketing & PR activities this year. Last but not least, the Italian based company rented to Annelida Racing Incorporated a fully equipped Racing Department, their technical truck and their hospitality unit.

After the announcement that EBR had ceased operations, Annelida Racing Incorporated was no longer able to bear the expenses to finish the season, breaking in advance the partnership with QB Racing Team.

Claudio Quintarelli, former Hero EBR Team Co-ordinator - "I'm really disappointed, since after almost two years spent giving my contribution to the Erik Buell brand into the FIM Superbike World Championship, I saw my effort completely thrown to the wind, without even a thank you in the press release sent out by Pegram Racing. Instead, I suffered damage to both by image and personal material. After learning from the media about the failure of EBR, I continued to work, pushing hard as I always did, as I was told by Larry Pegram that, somehow we would have finished the season either with the support of our title sponsor Hero MotoCorp, or with the support of some American sponsors. Unfortunately, on April 28th, I had to face the fact that the material of EBR and part of my own personal material disappeared from my Racing Department in Verdello. When I asked about this incident, I was told by Pegram that the things belonging to EBR had been required by some US banks in charge of handling the failure of EBR, and that the material of my property had been taken away by mistake. A simple mistake. Since Larry Pegram was the man who spoke with these banks, I immediately asked Pegram how to get back my property. Sadly, I never received an official reply and from that day my American partners disappeared from any communication. On a brighter note and to finish what I have to say at this moment, I wish to thank some people who showed a great passion and talent: Andreino Marinoni, Andrea Savi for the Marketing & PR, Mauro Donatini and Bruno Bonfanti, my friend Giulio Bardi - dismissed by the team in 2015 for American will, despite his great experience - and a truly talented rider like Niccolò Canepa. A very special thanks to all my sponsors, who still believe in me and in my company's job".
 

·
Registered
Joined
·
2,127 Posts
Pegram Racings response:

superbikeplanet.com said:
Pegram Racing would like to make a brief statement on the inflammatory and false release distributed by Mr. Claudio Quintarelli of QB racing. Although it is not our intent to start conversation only make a statement and be done.

Pegram Racing was hired by EBR to turn around the dismal performances of the previous years team. We did this and were accomplishing great things this season . All in involved including Mr.Quintarelli (travel, shipping, and hospitality) were doing a great job. Unfortunately EBR filed for bankruptcy and we all are now experiencing great loss. None more than the dedicated employees of EBR and Pegram Racing. Our concerns are with all who are now struggling from this including Pegram Racing crew and EBR staff. To try to make accusations or asses blame is useless as Pegram Racing would be racing
this weekend and the remainder of the season if not for the bankruptcy of EBR.

Pegram Racing would also like to say that only propriety of Pegram Racing and or property that they were responsible for, was returned to the USA . Nothing of Mr.Quintarelli's was removed. We again want to thank all involved with the team this year as the failure to continue was certainly not from anyones lack of hard work, only the financial decisions of EBR and Hero Motor Corp.
 
1 - 17 of 17 Posts
Top