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Triumph Dives Deeper into Off-Road Market, Acquires OSET

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Triumph Dives Deeper into Off-Road Market, Acquires OSET

Anticipation is building for Triumph’s unveiling of motocross and off-road focused dirt bikes–which are being tested and developed  with help from Ricky Carmichael–but in the meantime the brand has some other off-road news to announce. Triumph has acquired OSET, which has been building electric dirt bikes and trials bikes for kids since 2004.

Here’s Triumph’s press release on the move:

Triumph announces the acquisition of the electric motorcycle manufacturer OSET Bikes, as part of their wider plan of offering a full range of off-road motorcycles and to nurture a new generation of motorcycle riders.

Ahead of the launch of the Motocross and Enduro range, Triumph Motorcycles takes another exciting step in the off-road world through the acquisition of OSET Bikes, a leader in the world of children’s electric, off-road motorcycles. Started in 2004 by Ian Smith, who wanted to build an electric off-road bike for his son Oliver, OSET has been setting the benchmark in its segment for the past 18 years. OSET has sold more than 40,000 bikes globally that feature their inhouse developed electric powertrains.

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The acquisition of OSET sits within Triumph’s strategy of entering the off-road segment, announced in 2020, and provides both companies with the opportunity to share and benefit from each other’s knowledge and experience in their respective segments, enabling both brands to grow internationally in parallel.

Triumph’s philosophy, For The Ride, played an important role in the acquisition of OSET as it enables the Hinckley-based brand to inspire future generations of riders by providing them with the perfect starting point to develop their passion and dreams. OSET Bikes offers products that are suitable for any rider, starting from 3 years old and upwards.

Nick Bloor – Triumph CEO

“We are excited about the opportunity of joining forces with OSET Bikes: a dynamic brand that has been encouraging children into motorcycling for many years and have been at the forefront of developing electric trials bikes for fun and competition. Whilst the two brands will continue working independently, Triumph and OSET will collaborate on new state-of-the-art products to inspire young riders into off-road riding, across the segments that Triumph and OSET will have a presence in, drawing on their respective strengths to build the best bikes in the world.”

Ian Smith – OSET Bikes CEO

“When we built that first ‘garage’ bike for my son, Oliver, I had no idea that it would lead to this moment. We are all very excited for what the future holds for OSET as part of the Triumph family.

The OSET brand will remain as OSET and will continue to serve the trials and off-road motorcycling community.  We are now better positioned to develop and innovate across our range, while enjoying the security of scale and market position Triumph can offer OSET”

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About Triumph:

First established in 1902, Triumph Motorcycles celebrates 120 years of motorcycle manufacture in 2022. For more than three decades, Triumph Motorcycles has been based in Hinckley, Leicestershire, and has produced iconic bikes that perfectly blend authentic design, character, charisma and performance.

With more than 81,500 motorcycles delivered in calendar year 2021, and over 700 dealers across the world, Triumph is the largest British motorcycle manufacturer.

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2022 Goodwood Festival of Speed: Saturday livestream

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2022 Goodwood Festival of Speed: Saturday livestream

What should have been the 30th edition of the hillclimb had it not been for the COVID cancellation in 2020, an array of racing and road machinery ranging from Formula 1, to MotoGP, to sportscars and electric vehicles, will either tackle the course at speed or parade up the concourse for fans to admire.

Current Mercedes Formula 1 star George Russell will take one of the marque’s racers up the hill this weekend, while Nigel Mansell’s 1992 world title will be celebrated by a display from the man himself in some of his most iconic machines.

Elsewhere, three-time MotoGP world champion Wayne Rainey will make an emotional debut at the Festival of Speed, as the American – who was paralysed in an incident in 1993 – will ride a specially adapted Yamaha YZR500 he took to his last world title in 1992 this weekend.

You can watch all of the live action from the hill on Motorsport.com and Motorsport.tv throughout the weekend.

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Mercedes: Zero complacency over F1 2022 100% finishing record

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Mercedes: Zero complacency over F1 2022 100% finishing record

Lewis Hamilton and George Russell have finished every race so far in 2022 to ensure that Mercedes is the only squad without a retirement.

On the other hand, championship contenders Red Bull and Ferrari have endured their fair share of mechanical problems in the opening phase of the campaign.

Red Bull’s Max Verstappen retired from the grands prix in Bahrain (fuel pump) and Australia (fuel leak), while Sergio Perez also failed to finish in Bahrain (fuel pump) and was forced out in Canada last week with a gearbox problem.

Ferrari has also had race-stopping car problems beyond the incidents that put Carlos Sainz out in Australia and Imola.

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The Spaniard suffered an hydraulics failure in the Azerbaijan Grand Prix, while teammate Charles Leclerc had engine failures in Baku and Spain.

Mercedes team boss Toto Wolff welcomed the finishing record of his squad but did not believe that it had created an invincible car.

“It’s funny that both teams keep having their cars stop,” he said. “But you can’t be complacent about that because it can swing in the other direction very quickly.

“We’re happy about our reliability. Last year, when we look at how we went with the engine, we had the other phenomenon [and lots of problems]. That’s why I don’t want to get too excited too soon.”

Charles Leclerc, Ferrari F1-75, limps back to the pit trailing smoke

Charles Leclerc, Ferrari F1-75, limps back to the pit trailing smoke

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Photo by: Glenn Dunbar / Motorsport Images

While Ferrari’s reliability failures have been very costly in championship terms, with Leclerc potentially losing two wins because of problems, team boss Mattia Binotto does not think that DNFs will solely decide the title fight.

“Reliability is certainly important, as important as the performance, but I don’t think will be the only factor,” he said after the Canadian Grand Prix.

“I think development from now until the end of the season is another one, as is the budget gap, and then reliability finally.”

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  • Wolff: Mercedes needs to be “careful” with F1 expectations
  • Mercedes F1 plans British GP upgrades amid raised expectations
  • Ferrari hopes FIA will prove impartiality over ex-Mercedes lawyer

While F1’s cars are all-new for this year, the power units are a carryover with the engine regulations not due to change until 2026.

But Binotto says that Ferrari has been exposed by an overhaul during the winter, plus limitations that have been imposed on dyno running.

“The power unit is a completely new design compared to the past, and the problem is because it’s certainly a young project,” he said.

“On top of that, there are limitations on the dynos which were not there in the past, so you cannot run much on the dyno. We are limited, which means the exercise is more complicated.”

Additional reporting by Christian Nimmervoll

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“Intense pain” forces Espargaro withdrawal from MotoGP Dutch GP

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“Intense pain” forces Espargaro withdrawal from MotoGP Dutch GP

The Spaniard injured his ribs in a heavy crash in FP1 at the Sachsenring last weekend, and was ultimately forced to retire from the race due to the pain.

He had hoped to be better for this weekend’s Dutch GP but, after ending Friday 19th overall, he said the pain he was experiencing was much worse than expected and was unsure if he could continue.

Having undergone treatment overnight at Assen and seeing no substantial improvement in his conditions, Espargaro has taken the decision to withdraw from the Assen weekend.

Honda hopes Espargaro will recover in time for August’s British Grand Prix.

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A statement from the team read: “Repsol Honda Team’s Pol Espargaro will not participate in the remainder of the Dutch GP due to his injuries sustained at the Sachsenring.

“Since suffering his fall in Free Practice 1 at the German GP, Pol Espargaro has tried his maximum in order to recover and be fit for Round 11 of the MotoGP World Championship.

“After Free Practice 2 on Friday, Espargaro was still in intense pain and discomfort.

”Consequently, he feels he is not capable of racing a MotoGP bike and together with the Repsol Honda Team has elected to sit out the race in Assen.

“The Repsol Honda Team is looking forward to welcoming a fully fit Pol Espargaro back in Silverstone after the Summer Break.

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“Stefan Bradl will continue to contest the Dutch GP with the Repsol Honda Team.”

Pol Espargaro, Repsol Honda Team

Pol Espargaro, Repsol Honda Team

Photo by: Gold and Goose / Motorsport Images

Espargaro explained on Friday at Assen that the damage to the muscles around his ribs was also giving him severe back problems.

He also revealed that on the Monday following the German GP that he struggled to even lift himself out of his bed, such was the intensity of the pain he was feeling following the Sachsenring race.

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Espargaro is set to leave Honda at the end of the 2022 MotoGP season and return to KTM with the Tech 3 squad.

Suzuki’s Joan Mir is expected to take his place at the factory Honda squad next year, while Alex Rins will replace Alex Marquez at LCR in 2023 on a factory contract.

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