Hero EBR team boss and rider Larry Pegram has confirmed the team’s withdrawal from the World Superbike championship, only days after the bankruptcy of parent manufacturer EBR.
Only weeks ago, ahead of their bankruptcy protection claim and ahead of the Assen round of the series, the American team reassured fans that the legal and financial issues wouldn’t affect them, with sponsorship for the team coming from manufacturer partner and Indian bike builders Hero.
However, those circumstances have now changed, with Pegram confirming in a series that, although committed to a return as soon as possible, himself and teammate Niccolo Canepa will not be at the next round at Imola next weekend.
“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. 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.”
"We have worked closely with them 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 Larry, "We are hoping they too will return soon. They deserve to continue."