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Erik Buell Racing-Developed 2014 Hero Karizma ZMR and Karizma R Revealed

Hero Motocorp has updated its Karizma ZMR and Karizma R for 2014, the first products from the Indian manufacturer developed with Erik Buell Racing. The two companies signed a development deal last February before the relationship deepened with Hero buying 49.2% of EBR a few months later. The fully-faired Karizma ZMR and the partially-faired R version were revealed at an event last week in Macau.

G.I. Joe’s Snake Eyes Rides a Buell

The folks over at HissTank.com got some images earlier in the week of a motorcycle moded for the beloved G.I. Joe, Snake Eyes (pictured below. The photographer did not survive…).

Hero MotorCorp Buys Half of Erik Buell Racing

According to a press release from Hero MotorCorp, the U.S. arm of Hero, HMCL (NA), has agreed to purchase 49.2% of Erik Buell Racing for $25 million. HMCL (NA) is said to have transferred $15 million to EBR with the remaining $10 million to be paid within the next nine months. Hero says it will have two members and one observer sitting on the EBR board of directors but Erik Buell will continue as Chairman and CEO of the company.