Team Hero EBR Withdraws From World Superbike
Cycle News Staff | April 30, 2015
Two weeks after American manufacturer EBR filed for receivership, Team Hero EBR has announced that it has been forced to withdraw from the World Superbike Championship for the immediate future. With the recent bankruptcy of EBR and the reprioritizing of efforts by title sponsor Hero, Pegram Racing is unable to continue its Team Hero EBR program at this time.
In spite of the unfortunate turn of events, Pegram Racing is looking to return to racing very quickly and will announce our future plans very soon.
“This is a really hard pill for us all at Pegram Racing to swallow, as we always live by the philosophy of Never Give Up” said team owner Larry Pegram. “The whole team did a amazing job of improving results from last year and giving some pride back to EBR and Hero. Niccolo Canepa was riding like the Champion he is, he was literally making peoples jaw drop at what he was doing with our motorcycle. I am so proud of the job he did. One thing for sure Pegram Racing will be back and it will be sooner than you think.”
Pegram also wanted to recognize the dedicated employees of EBR, who lost their jobs with the bankruptcy.
“We have worked closely with them [EBR employees] and not only appreciate how amazing it was to have a true American Superbike to ride, but how intensely hard that small group of employees at EBR worked to build the EBR bikes, and also support our racing program and other racers,” said Pegram. “We are hoping they too will return soon. They deserve to continue.”
