Latest news with #250SXEast
NBC Sports
19-05-2025
- Automotive
- NBC Sports
Bajaj Auto Ltd secures loan for KTM AG
Bajaj Auto Ltd, co-owner of KTM AG along with Stefan Pierer, has secured a one-year, $632 million loan to keep the company operating, according to Bloomberg via Pierer Mobility AG, parent company of KTM, also produces motorcycles under the brands Husqvarna and Gas Gas. The financing comes from JP Morgan Chase & Co., DBS Bank Ltd., and Citigroup Inc., with proceeds likely intended for the company's motorcycle business efforts to resume manufacturing and stabilize operations. The infusion comes less than a week before a May 23 deadline for the company to deposit $600 million as part of a restructuring agreement to pay back 30 percent of its debt. KTM announced its need for the restructuring deal late in 2024, citing a downturn in the market after aggressive growth surrounding the surge of the outdoor recreational market during the COVID-19 pandemic. Together, Bajaj Auto and Pierer jointly control Pierer Mobility, the parent company of KTM. Bajaj's involvement with KTM AG dates to 2007. Pierer purchased KTM from bankruptcy in the early 1990s. So far, KTM's American racing efforts have been unaffected by the financial instability, with Chase Sexton finishing second in the Monster Energy Supercross, Tom Vialle winning the 250 SX East division, and some riders signed through the 2026 season. More SuperMotocross News Alexander Fedortsov to turn pro in MX opener Levi Kitchen renews with Pro Circuit Malcolm Stewart launches fishing apparel line Dylan Ferrandis to miss start of Pro MX Salt Lake City 450 SX results | 250 results Sexton wins 7th race, Webb third title Haiden Deegan wins final 250 E/W Showdown 450 SX Salt Lake City heats | 250 heats Chase Sexton sweeps SLC SX Qualification Cole Davies crashes in SLC SX Q1
NBC Sports
13-05-2025
- Automotive
- NBC Sports
Hampshire's move on Hammaker a 'tough situation'
Ricky Carmichael and Ryan Villopoto review the crash that opened the door for Tom Vialle to claim his second 250SX East title and Mitch Payton's continued title drought at Pro Circuit Kawasaki.
NBC Sports
11-05-2025
- Automotive
- NBC Sports
Vialle's championship ride embodies 250SX season
Tom Vialle successfully defends his 250SX East championship in 2025 and shares how his ride in Salt Lake City embodied his season as a whole.
Yahoo
24-02-2025
- Sport
- Yahoo
Coty Schock Reacts to Best Career AMA Finish in Arlington
Sometimes, it's not always the guy on the center step with the biggest celebration. For Coty Schock, Arlington was a night that will stay etched in his memory forever. Schock, 27, put on a display of consistency and focus amid a fog of chaos within Round 5 of the Western Divisional 250SX Class Championship. A second in the first round of the Arlington Triple Crown and a fourth in the second race put him in contention for the overall with a good finish in the third Main Event. Only three competitors had two finishes of fourth or better. Sixth place may not seem like much but after two strong finishes, he held the tiebreaker advantage over Michael Mosiman in the Olympic-style point structure by beating him in the last race. He ended up second overall to secure his first career podium and best AMA career finish in his 10th season of professional competition. Schock had five words to summarize how he felt. 'I want more of it,' said Schock with a chuckle. Schock had one top five finish from Anaheim 2 earlier this season, and two top fives in last year's 250SX East division. He also finished third in the 250SX East championship last year. At the time, Schock admitted he had no idea his pace was in position for the better side of the box. 'No, I didn't know (the battle was also for the overall position),' Schock said, then leaning over the table to look at Mosiman. 'I just knew I wanted to beat him, with all due respect.' 'I knew it was,' Mosiman responded with a grin. That wasn't the only laugh that Schock had to celebrate. 'Being from Delaware, no one's really ever done anything from Delaware,' joked the Dover native. 'Nobody even knows that Delaware's a state, so let's be honest. There's two motorcycle dealerships, I think, and nobody really knows what moto is, so I come from a place where it's really not meant to be. I'm having a blast, so it's pretty cool.' It wasn't just Schock. The entire Muc-Off/FXR/ClubMX Yamaha team celebrated with their first career podium finish. And the story of how Schock got the opportunity with them was one filled with inspiration for all to hear. 'When I was on previous teams, I would look at that club and be like, 'Man, they've got a solid platform going on, and they want to win,'' he shared. 'So there's no excuses. When I got dumped from the previous team, I had to go searching and honestly, that's where I wanted to go. So I went there first, showed up on my two-stroke one day, and Mike B (Bonacci, team manager) gave me the opportunity, and he was like, 'Hey, come into the office and have a conversation.' Ever since then, it's kind of changed my life in a way. That's a solid group of guys with that whole crew. We're not a factory team, but they put in the work. We're still figuring things out. We're proving that it works. In previous years, they had J-Mart (Jeremy Martin) on it and Phil (Nicoletti) and Garrett (Marchbanks), and they've put in some solid results in the years. 'So it's been proven, so for me to sign with these guys, it's like, 'Okay, I know they see something in me before I even see it in myself,' and I feel like that's been my biggest struggle this year. I believe in myself, but how much? Just trying to take it to that next step. P2 tonight, it's pretty sick. It's good for me and good for the team.' Having a team filled with ground crew all the way up through management believing in him gave him the confidence to come out swinging. In the first five races, Schock has not finished outside the top 10, with his worst finish of eighth. He had similar numbers last year where the only finish outside the top 10 of the 250SX East division was a 12th at Nashville's East/West Showdown. Before 2024, Schock only had four top 10 finishes. The numbers don't lie that the confidence has been both a moral boost and a performance boost. 'I always knew I could ride a motorcycle well, but I never really had the structure growing up,' reflected Schock. 'I've had to really lock down these last few years, and I've checked off everything that I've wanted to accomplish, so now I'm making new goals and I've gotten this far so how far can I go? I'm living my dream and want to keep going and see how far we can go at the end of the day.' Unlike the rest of his class, Schock won't have a weekend off as he will be competing at Daytona Int'l Speedway for Round 8 of the SMX World Championship and the indoor stadium season of Monster Energy AMA Supercross next weekend on Mar. 1. For now, he gets to celebrate with his dad and fiancée who were both in attendance and go through all his text messages and voicemails from friends and family sending their congratulations. 'Un-freakin-believable,' said Schock. 'For me, it hasn't sunk in yet. I think it's because we're all wanting more. Everyone's just stoked. It's a dream come true. For me, my next personal best is a win, so that's pretty cool to say.'
Yahoo
23-02-2025
- Sport
- Yahoo
Supercross Riders React to Detroit Red Flag Ruling in 250 Class
Last week in Detroit, Max Anstie was seconds away from winning the first two rounds of the 250SX East division. However, the race was red flagged that officials declared would require a restart. It erased an over five second lead held by Max Anstie with less than 10 seconds remaining on the Main Event clock. What appeared to be his second consecutive win ended up with him in second behind Detroit winner Levi Kitchen. Many competitors were not aware of the rule change made in 2024. In previous years, the race would be declared official if 90% of the clock had passed. For the last year and a half, the rule was updated to require the clock to be fully expired. Aaron Plessinger was one of those unaware of the change. 'I'm not really a rule breaker, so I don't have to pay attention to it that much,' said Plessinger. In his eleventh year of AMA Pro competition, Plessinger has respected experience across the industry. He was Rookie of the Year for both indoor Supercross and outdoor Motocross in 2015 and boasts eight career Supercross wins in 250 and one Supercross victory in 450. The Ohio native was simply not a fan of the rule change. 'I never heard or saw anything about it being changed, but I do feel like if 90% of the race is done, it should be done,' he stated. 'I don't think they should line back up and restart it. If there's seven seconds on the clock, I think at that point it's like, 'Alright, we did 90% and that's good enough for us.' 'I like the old rule.' As talented as he is, Cole Davies, 17, sits on the opposite end of experience. The New Zealand rookie earned four Supercross Futures podiums with two victories. In just the opening four races of his professional career in the 250SX West division, he has admittedly turned heads to his early success with two podium finishes so far this year. Even he was confused from the situation and caught off guard from the ruling. 'I wasn't aware of that (rule change),' said Davies. 'I was kind of shocked at what happened there. I surely didn't think they were going to red flag it.' He also shared that he has never had a situation like that before from club racing as a kid. 'Honestly, I couldn't even tell you (how to handle that situation),' he continued. 'I haven't even had a red flag. I can tell you if that happens, but right now, I don't know.' As is true with all competitors, the rivalries will always be overshadowed by comradery. Malcolm Stewart, who won his first career 450SX race in Tampa, made that point clear. 'To be honest with you, I always tell myself that I hope and pray that none of these riders ever come across that,' said the Florida native. 'Anytime we see a red flag, no matter who, you just hope and pray that guy's going to be okay and he lives to fight another day. Red flags are bad flags. 'When it comes to that side of things (understanding the rule change), that's what the team manager are supposed to take care of. I just do my job and race that motor bike to the checkered flag.' Grant Harlan advanced into the Arlington Main Event from a second-place finish in the Last Chance Qualifier spoke on the issue as well. Even though he admitted he hasn't been in a position of leading a Main Event to fully understand Anstie's position, he shared the importance of understand the rule changes at this level of motorsports while arguing in Anstie's favor that he still deserved and earned the win that never came. 'I'm sure it was in the rule book,' said Harlan. 'Normally they (AMA) send an updated one with red highlights to show what the new rules are or if anything changed, so I would imagine if we go in there and look from the one they sent at the beginning of the year, then that was probably in it. 'Just over 90%, in my personal opinion, I feel like Max deserved that win, but the rules are the rules.' Harlan was yet another rider not aware of the rule change in place for over a year.
