Like the previous 1190RS, the 1190RX is a sport motorcycle with 1,190 cc (72.6 cu in) 72° V-twin engine, but delivering 185 hp (138 kW) and 101.6 lb-ft (peak) of torque. On 16 October 2013, Erik Buell Racing officially unveiled their first production motorcycle, the EBR 1190RX. Released as a 2012 model, only 100 are to be made. In June 2011, Erik Buell Racing officially announced their first street model, the EBR 1190RS, a sport motorcycle with a 1,190 cc (72.6 cu in) 72° V-twin engine delivering 175 hp (130 kW). Used for professional racing in several race classes, the bike has been a part of several race and championship placings. The first focus of Erik Buell Racing, the 1190RR was an upgraded and restyled version of the Buell 1125R. EBR's website indicates that the company is establishing a new dealer network to sell the newly produced motorcycles. Motorcycle production resumed on Maand the first new motorcycle, a limited edition "Stars and Stripes" themed 1190RX rolled off the assembly line on March 17, 2016. Liquid Asset Partners has kept the company assets intact and indicates they will continue to do so until a buyer or major investor can be found. Liquid Asset Partners stated an intention to try to find a buyer experienced in motorcycle manufacture to re-establish the business. In January 2016, the remnants of Erik Buell Racing were sold to Liquid Asset Partners for just over $2 million, with the proceeds going to creditors (including Mito Tech and Porsche Design Group) and to former employees for unpaid wages. The auction had no bidders, and a move where the court-appointed receiver sought to sell the assets by accepting a pre-emptive offer from a private liquidation-company specializing in breaking-up company remnants was blocked by the judge, to allow more time for any potential new buyers to prepare their submissions, re-scheduling the hearing for early January 2016. The deal failed as Belfer was unable to secure financing for the $2.25 million purchase price, and the official receiver filed to re-sell the assets in a new round of bidding, so the remnants of Erik Buell Racing returned to auction on December 10, 2015. Belfer stated his intention to work with company founder Erik Buell to re-establish the business as soon as possible, including a manufacturing base in East Troy where Buell previously employed 130 people producing high-end motorcycles. of India paid $2.8 million for Buell's consulting business. On August 7, 2015, it was announced that Bruce Belfer, an engineer from New Jersey with a background in metal fabrication, had agreed to purchase Buell's manufacturing assets for $2.25 million, while Hero MotoCorp. On April 15, 2015, Erik Buell Racing filed for receivership, with a reported $20 million of liabilities, and ceased all operations including closing down their website. The two companies announced that EBR will distribute Hero motorcycles and scooters in North America starting in the summer of 2014. On July 1, 2013, Hero MotoCorp, a motorcycle manufacturer based in India, acquired 49.2% stake in the company for $25 million. Erik Buell Racing's first efforts were directed toward production of complete, race-only motorcycles and parts based on the Buell 1125R production model, under license from Harley-Davidson, to support privateer racers. Liquid Asset Partners kept the company intact and motorcycle production resumed on March 1, 2016, the first new model rolling out on March 17, 2016.Įrik Buell founded Erik Buell Racing in November 2009 following the shutdown of his previous company, Buell Motorcycle Company, by parent company/majority stakeholder Harley-Davidson. After two previous attempts, the business remnants were sold in January 2016 to Liquid Asset Partners (LAP), an American organization specializing in the purchase and liquidation of failed businesses. The business entered receivership in April 2015. Erik Buell Racing ( EBR) is an American motorcycle sport company which produces street and racing motorcycles, based in East Troy, Wisconsin, USA.
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