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Bonhams To Sell Garelli Grand Prix Collection At No Reserve

Mark your calendars for February 5 and 6, 2013, as those are the dates when Bonhams — one of the world’s largest auctioneers of fine arts and antiques — will put for sale two motorcycle collections which include some incredibly rare and historic machines. The Grand Palais in Paris, France will play host to the auction, which includes the entire Garelli Grand Prix collection as its headliner. Founded in 1919, many famous Italian racers got their starts on Garelli motorcycles.

Hero Honda Rebranded as Hero MotoCorp

Honda’s former joint venture in India has officially rebranded itself as Hero MotoCorp, revealing the company’s new logo and signaling the beginning of a new era for India’s largest motorcycle manufacturer. Formerly known as Hero Honda, the joint venture claims a share of nearly half of India’s two-wheeled vehicle market. Honda decided in late 2010 to end its 27-year partnership with India’s Hero Motors, buying out its 26% share for $855 million, about half the market price at the time.

Gresini Promotes Moto2 Pilot Pirro to Ride CRT Machine in 2012 MotoGP Championship

Gresini announced the re-signing of racer Michele Pirro, with a promotion from the Moto2 class to the premiere MotoGP class. Pirro raced for Gresini in the Moto2 class in 2011, finishing ninth overall with a third place finish and a victory in the season-ending Valencia round. For 2012, Pirro will compete in the MotoGP class riding a CRT bike with an FTR chassis and a Honda CBR1000RR engine.