Chennai to host Petronas Asian Road Racing Championship
After more than a decade's hiatus, the country is all set to host an International circuit racing event- The Petronas Asian Road Racing Championship, one of the continent's most prestigious racing event for motorcycles. The racing events will be collectively held under the banner of 'Sidvin Festival of Speed'.
The fourth round of the Petronas Asian Road Racing Championship (ARRC) will be held at the Madras Motor Sports Club (MMSC) race track at Sriperumbudur, Chennai from 3rd to 6th of September 2009. The first three rounds were held in Malaysia, Japan and Indonesia in April, May and June respectively earlier this year.
There will be two racing categories, the 600 Supersports and the Underbone 115cc, with two races in each. Chalermpol from Thailand currently leads the 600cc class while Fitriansayah of Indonesia leads the table in the Underbone 115cc class. Indian riders, Preetham Dev Moses K Rajini and Dilip Roggers have already confirmed participation in the 600cc category. The final two rounds of the six round event will be held at the Zuhai Circuit, China in October and December.
Also held concurrently will be the Round 3 of the UAM Asia Cup of Nations. In this, two riders each from eleven countries including India will race each other on identical 125cc Honda Stunner bikes. More than 20 riders are expected to race under their country's flag.
With the best riders from all over Asia landing in Chennai, the action is going to be really hot. Plan your weekend and don't miss it because this is as good as it gets.
Donor passes for the races will be available Madras Motor Sports Club, Guru Mansion, 1st Floor, 123/1, TTK Road, Alwarpet, Chennai 600 018. Telephone: 44 2499 0998.
[Via: BIKEINDIA]
Suzuki Motor Corp. buys out Satya Sheel’s stake
Suzuki has bought out its partner's stake in Suzuki Motorcycle India Pvt. Ltd.. Satya Sheel and family, who had partnered with Suzuki for its two-wheeler joint venture in India, have sold their 26% stake to Suzuki for an estimated Rs 190 crore. With this, SMIPL becomes a fully owned subsidiary of Suzuki Motor, Japan.
Strangely enough, when Suzuki returned to the Indian two-wheeler market in 2006, it chose to go with Satya Sheel, who was earlier on the board of directors at Maruti Suzuki - not, perhaps, something that immediately qualifies him to head Suzuki's motorcycle business in the country. In any case, with Sheel at its helm as managing director, SMIPL, which has a very limited product range for the Indian market, has not been able to make much headway in the motorcycles or scooters segments.
Suzuki, which has already invested around Rs 500 crore in setting SMIPL, is said to be looking at investing another Rs 150 crore in its two-wheeler venture in India. The company is also planning to go in for capacity expansion - from the current 175,000 units to 250,000 units per annum - at its manufacturing plant near Gurgaon.
[Via: indiaautomotive]
You need to log in to vote
The blog owner requires users to be logged in to be able to vote for this post.
Alternatively, if you do not have an account yet you can create one here.
Powered by Vote It Up