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Isle of Man TT 2013: Lightweight TT Race Results

James Hillier set new lap time and race time records in a dominating victory in the Lightweight TT race for the 2013 Isle of Man TT. All three of the Kawasaki rider’s lap times were faster than the previous lap record for the Lightweight TT class, for a record overall time of 57:42.245 and average speed of 117.694 mph. The race started with another Kawasaki rider (the class is dominated with Kawasaki Ninja 650s with a few Suzuki SV650s) Dean Harrison taking the early lead through the Glen Helen viewpoint but Hillier was right on his tail about half a second behind.

Yamaha Planning Sub-$500 Model to Undercut Honda Dream Yuga

Not long after Honda launched its ultra low-cost Dream Yuga in India, Yamaha announced it is considering a new own model that will be nearly 40% cheaper. The 109cc Dream Yuga is Honda‘s latest weapon in the battle for India’s 13-million unit per year motorcycle market. Priced at 44,642 Indian rupees (US$806), the Dream Yuga is the most affordable Honda model available in India.

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.