Author: Diana M. Cuyler

Polaris Announces Sale of Transamerican Auto Parts to Clearlake Capital-Backed Wheel Pros | Company

Motorcycle Sale

MINNEAPOLIS–(BUSINESS WIRE)–June 16, 2022–

Polaris Inc. (NYSE:PII), the global powersports leader, today announced that it has entered into a definitive agreement to sell its Transamerican Auto Parts (TAP) business to Wheel Pros, a designer, manufacturer and distributor of powertrain enhancements. exclusive brand replacement vehicles. for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, LP (together with its subsidiaries, “Clearlake”) and in partnership with management. The transaction includes TAP’s full portfolio of operations, including all brands, product lines, manufacturing operations, distribution facilities, more than 100 4 Wheel Parts outlets and more than 1,700 TAP employees.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20220616005849/en/

“We have a clear vision to be the world leader in motorsports,” said Mike Speetzen, CEO of Polaris. “Our decision to divest TAP allows us to better capitalize on growing consumer interest and demand for our powersports offerings, while allowing Polaris to focus our time, people and resources on our core on-road businesses. , off-road and marine, as well as the parts, apparel and accessory brands that support these customers. Furthermore, it supports our long-term financial objectives and should have a positive impact on the EBITDA margin. TAP remains a leading omnichannel player in the Jeep and truck aftermarket, and we appreciate the contributions the team has made to Polaris.

The transaction is estimated to generate an additional $135 million in cash flow for Polaris in the second half of 2022. This includes the purchase price from the buyer and the realization of the cash tax benefits associated with the sale, less fees estimated transactions. The sale price, net of cash, debt and other costs, is estimated at $50 million. In 2021, Polaris’ Aftermarket segment generated $930 million in revenue, of which TAP business accounted for nearly $760 million. The transaction is expected to close early in the third quarter, subject to customary closing conditions.

In connection with the conclusion of a definitive agreement for the sale of TAP, the TAP business has met the accounting criteria to be classified as assets held for sale and discontinued operations. As part of the transaction, Polaris expects to record an impairment charge, net of tax, of approximately $140 million.

Baird acted as financial advisor and Jones Day acted as legal advisor to Polaris on the transaction.

About Polaris

As a global powersports leader, Polaris Inc. (NYSE:PII) is at the forefront of product breakthroughs and rewarding experiences and services that have invited people to experience the joy of being outdoors. since our founding in 1954. With annual sales of $8.2 billion in 2021, Polaris’ high-quality product line includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side all-terrain vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavy-duty motorcycles; Slingshot® motorcycle roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including the industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, apparel and accessories. Proudly based in Minnesota, Polaris serves over 100 countries worldwide. www.polaris.com

Except for historical information contained herein, matters set forth in this presentation and discussed in the related earnings call are “forward-looking statements” intended to qualify for the safe harbor provisions of the Private Securities Litigation Act. Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as we or our management “believe”, “should”, “anticipate”, “expect”. , “esteem” or words of similar significance. Likewise, statements that describe our future plans or trends, objectives or goals, such as future sales, shipments, inventory levels, consumer demand, net income, net earnings per share, cash flow future and capital requirements, operational initiatives, pricing actions, prices, currency fluctuations, interest rates and raw material costs, are forward-looking statements that involve certain risks and uncertainties that could so that actual results differ materially from these forward-looking statements. Potential risks and uncertainties include factors such as the severity and duration of the COVID-19 pandemic and the resulting impact on the Company’s business, supply chain and global economy; the Company’s ability to successfully implement its manufacturing and supply chain operations expansion initiatives; the Company’s ability to successfully source necessary parts and materials and the Company’s ability to manufacture and deliver products to dealers to meet growing demand and to restore dealer inventory levels to optimal levels ; continued growing consumer demand for the Company’s products; competitors’ product offerings, promotional activities and pricing strategies; economic conditions affecting consumer spending; disruptions in manufacturing facilities; product recalls and/or warranty costs; product redesign costs; the impact of changes in the Polaris stock price on incentive compensation plan costs; exchange rate fluctuations; environmental and product safety regulatory activity; weather effects; commodity costs; transportation costs and tariff costs (tariff relief or ability to mitigate tariffs); changes to international trade policies and agreements; uninsured product liability claims; uncertainty in the retail and wholesale credit markets; performance of affiliate partners; tax policy changes; relationships with dealers and suppliers; and the general economic, social and political environment. Investors are also urged to consider other risks and uncertainties discussed in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to anyone to provide updates to its forward-looking statements.

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220616005849/en/

CONTACT: Polaris Media Contact:

Jessica Rogers

Phone: 763.513.3445

[email protected] Polaris Investor Relations:

J.-C. Weigelt

Phone: 763.542.0525

[email protected]

KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: RECREATIONAL VEHICLES PERFORMANCE & SPECIAL INTERESTS SPORTS MOTORCYCLES OFF-ROAD TRUCKS & SUVS OUTDOOR MOTORCYCLES MOTORSPORTS AUTOMOTIVE GENERAL AUTOMOTIVE AUTOMOTIVE MANUFACTURING MANUFACTURING

SOURCE: Polaris Inc.

Copyright BusinessWire 2022.

PUBLISHED: 06/16/2022 16:30 / DISK: 06/16/2022 16:32

http://www.businesswire.com/news/home/20220616005849/en

People who have no business in the electric vehicle business are trying

Motorcycle Business

Bajaj Auto recently inaugurated a new production plant in Akurdi Pune, Maharashtra. It will only produce electric vehicles such as Chetak. During the inauguration, Rajiv Bajaj said that people who have no business in electric vehicles are trying to be in space. He also said electric vehicle fires are not a problem, the problem is in the manufacturing process.

Rajiv Bajaj, President of Bajaj Auto said: “The problem is not the fire itself. This (such incidents) has also happened in vehicles with internal combustion engines. The problem is the underlying manufacturing process. What worries me the most is the environment that has fostered all this mad rush. Why are people who have no business in electric vehicles trying to get into the business? This needs to be corrected. Perhaps, if I may say so, the relevant government authorities have watered down the standards for electric vehicles. »

He added: This (electric vehicles are flooding the market) may also be partly due to incentives. Under cover of low-speed vehicles, you can bring any piece of vehicles from anywhere and put it on the road. You won’t have those scooters that catch fire? What are you waiting for?”

bajaj-chetak-electric

Also Read : Eimor Customs Modified Royal Enfield Thunderbird 500 Motorcycle Is Stunning

The comment was made about the recent electrical fires we have seen over the past few months. Electric vehicles in India catch fire for various reasons. The government has also launched an investigation to find out the reasons behind this. The probe said the main problem was faulty battery cells. The Central Consumer Protection Authority (CCPA) has sent a notice to Pure EV and Boom Motors. Additionally, the government is expected to develop new quality-focused guidelines for electric vehicles. So far, electric scooters from Ather, TVS and Bajaj have not caught any fires. Ather CEO Tarun Mehta said many EV batteries are not designed for Indian conditions.

New manufacturing plant

Bajaj also unveiled Chetak Technology Ltd. CTL and its supplier partners will invest around Rs. 750 Crores in the new electric vehicle manufacturing facility which spans 6.5 acres and has a manufacturing capacity of 5 lakh units per year.

Rajiv Bajaj, Chairman of Chetak Technology Ltd., during the launch of production at the new factory, said, “Chetak is the original ‘Make in India’ superstar, who has captured the hearts of the world. True to these Indian designed and built roots, the Chetak Electric Avatar was born from our strong R&D, deep product and consumer understanding and decades of manufacturing expertise. He added, “Today, on the 84th birthday of the late Chairman Emeritus of Bajaj Auto, Shri Rahul Bajaj, we delivered on our commitment to commission this Center of Excellence for Chetak by June 2022. This focused, integrated, and agile facility is intended to power the Chetak Return to the Future.

Bajaj Chetak

Bajaj currently only has the Chetak electric scooter in its range. It is sold in two variants. There is Urbane which is priced at Rs. 1 lakh and then there is Premium which costs Rs. 1.15,000,000. metallic color options.

Also read: Oppo will launch an electric vehicle in India by 2024

Source

The Norton V4SV 2023 price is GBP 44,000 (Rs. 41.61 lakhs)

Motorcycle Price

Norton V4SV 2023 in action

TVS-owned British manufacturer Norton Motorcycles has launched the 2023 V4SV superbike for a price of GBP 44,000 (Rs. 41.61 lakhs) for the UK market.

According to Norton, the superbike has been redesigned this time and remains the only British designed and built superbike in production in the UK. The company said it would prioritize deposit orders placed before the company was acquired by TVS in April 2020.

The marque, which boasts 100 years of Isle of Man TT racing prowess and success, will manufacture the V4SV at its recently opened factory in Solihull, Birmingham. There will be 2 colors offered – Carbon and Manx Silver.

2023-norton-v4sv-price-3 The superbike gets a lot of carbon fiber parts

The Manx Silver option is finished in a striking silver body with red and carbon stripes, a black front panel and red OZ Racing forged aluminum wheels. The Carbon option gets exposed carbon fiber bodywork and carbon fiber BST wheels for reduced weight.

However, both colors feature a carbon fiber fuel tank and body, a handcrafted TIG-welded aluminum tube frame polished to a mirror finish, and a Union Jack on the tail of the bike.

2023-norton-v4sv-price-rear The engine develops 185 HP

The superbike is powered by a liquid-cooled 72-degree 1200cc V4 engine that develops 185hp at 12,500rpm and 125Nm at 9,000rpm. The frame is aerospace-grade aluminum refined at the Isle of Man TT.

A comprehensive quick-shift and automatic blipper system, adjustable front and rear suspension, Brembo disc brakes, sophisticated lean-angle sensitive traction control and 3 engine modes (wet, road and sport) are offered on this British motorcycle.

As standard, the Norton V4SV is equipped with LED lighting for low beam, high beam, turn signals and taillight, as well as a keyless ignition system.

2023-norton-v4sv-price-cockpit The cockpit receives a 6-inch TFT screen

Additionally, the superbike features a 6-inch color TFT display that includes rear-view camera functionality and a 15-liter carbon fiber fuel tank under the seat with Kevlar reinforcement.

Buyers can express interest in the bike at https://www.nortonmotorcycles.com/range/v4sv/.

New houses for sale in the Lake Geneva area | Local News

Motorcycle Sale

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Notice to all seekers of space, calm and tranquility! Welcome to the beautiful Flora Acres in Antioch! This solidly built and extremely well maintained 0.9 acre home is bigger than it looks! Inside you’ll find a 5-bedroom, 2.5-bathroom Cape Cod cottage with a full basement that has everything on your first floor wish list: newly remodeled master suite with full bath and walk-in closet , lots of living space for entertaining, brand new washer/dryer, plus an additional four season room addition that can be used as an office or bonus room. The second floor includes three bedrooms with good sized wardrobes, a completely renovated bathroom, two linen rooms, a huge walk-in closet, as well as an attic for storage. Basement features include: another full bedroom that would be perfect for an exercise room or in-law arrangement, a large “mancave” or entertainment area with bar, plus a huge storage room for all your “extras” in life. Even the 2.5 car garage has another walk-in storage for all your outdoor accessories. New carpets, paint, electrical outlets and light fixtures throughout most of the house. The mechanics are extremely well maintained and updated in 2020. Live in the countryside in a quiet neighborhood with beautiful scenery, but maintain your suburban lifestyle just 6 minutes drive from Piggly Wiggly and Jewel-Osco grocery stores, 7 minute drive to Lake Villa Metra station, 8 minute drive to Lake Villa Post Office, 12 minute drive to Walmart, 13 minute drive to Home Depot and 18 minute drive to Interstate 94. Another major advantage: small and personalized Emmons School District 33 with only 287 students in the entire K-8 school district! Enjoy the chain of lakes all summer long! Buy a house where you can live on vacation every day! Book your screenings today! This amazing home, land, neighborhood and location won’t last long!

2022 Yamaha MT-15 arrives in new color and design, improved price

Motorcycle Price

KUALA LUMPUR: Yamaha’s affordable, performance-focused naked roadster, the MT-15, has received an update for 2022 in Malaysia. The latest version features a new color and design, although no technical changes have been made.

KEY POINTS TO REMEMBER

  • How much does the 2022 Yamaha MT-15 cost?

    The 2022 Yamaha MT-15 sells for RM12,298 in Malaysia.

  • How many color options are available for the 2022 Yamaha MT-15?

    The 2022 Yamaha MT-15 is available in three color options – Icon Blue, Midnight Black and Cyan Storm.

    • The 2022 Yamaha MT-15 is available in three color options – Icon Blue, Midnight Black and Cyan Storm. The latter is the new color that replaces the old Power Grey. It features the color matched wheels, giving the bike a whole new look for this year. The Icon Blue carry, on the other hand, also gets updated graphics.

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    Along with the color update, the bike continues to feature a compact body design and twin eye position lights giving it a ready to attack look. Featuring a delta box chassis and aluminum swingarm, it looks great with a side air intake and a sleek rear end with an LED taillight.

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    Just like its older siblings, the MT-15 also gives you an upright riding position for a fun and comfortable ride. Its ground clearance of 155 mm and its wheelbase of 1335 mm facilitate driving in dense city traffic.

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    As mentioned earlier, the bike is powered by the same engine configuration, i.e. a liquid-cooled, single-pot, SOHC, VVA 155cc unit, which delivers a maximum power of 19.3 PS at 10,000 rpm/ min and a maximum torque of 14.7 Nm at 8,500 rpm. Power is sent to the ground through a six-speed gearbox featuring an assist and slipper clutch that helps reduce clutch weight and allows for smooth, low-stress downshifts.

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    Also on the suspension front are the same inverted front forks with gold anodized fork legs and a preload-adjustable rear monoshock. The braking system is managed by a single hydraulic disc at the front as well as at the rear wheel.

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    Yamaha MT-15 Price 2022

    As for 2022, Hong Leong Yamaha Motor has raised the price of this smaller “torque monster” slightly. The new MT-15 retails at a price of RM12,298, which is nearly RM310 in price than the predecessor.

    Also Read: Brazil Gets 2022 Yamaha XMax Darth Vader Edition

    Sipi Vig

    Today
    For Yamaha MT-15

Okada is a business the government should not ban, but help regulate – Oyo ACOMORAN

Motorcycle Business

In reaction to the latest motorcycle ban (Okada) in some large parts of Lagos State and the call for a ban in the South Western States, the Oyo State Chapter of the ‘Amalgamated Commercial Tricycle And Motorcycle Owners, Repairers and Riders Association of Nigeria (ACOMORAN) has pleaded with the Oyo State Government not to ban the riders but to regulate their activities.

The association, which is the umbrella body for all commercial operators of motorcycles and tricycles, said the government should not ban its members, but regulate union activities and empower them, adding that the members rely on Okada’s business for survival.

Comrade Solomon Olugbode, Chairman of Oyo State ACOMORAN, speaking at a press briefing at the association’s state secretariat in Ibadan on Monday, explained that the association is aware of the motorbike ban in much of the Lagos States, as well as a possible influx. of these runners in Oyo State.

He said the society should understand that they are also part of the society that is ready to abide by the laws of the land.

His words: “Okada business is for the poor, we rely on this business for our day to day survival, only the poor can be seen with okada business, if the government bans us, our means of survival will be cut off stopped.

“I want the public, especially the elite, to understand that we are the product of society, we are not useless, worthless or meaningless. Society must understand that committing an atrocity depends on the person and not on their profession, a bad person is a bad person regardless of their profession, gender, ethnicity or religion.

While speaking out about the steps the association has taken to stop the influx of perpetrators of evil among runners.

He said: “The law does not prevent anyone from moving from one place to another. Our law does not allow us to detain anyone, we can only gather information and report to the police.

“The association is fully on the ground and our members have been informed to report any strange and suspicious movement to the competent services.

“As law-abiding people, we have also prepared our members to collect data from all runners for easy identification.”

The state president pleaded and urged the state government to help control the number of unions by regulating them and empower the incumbent union.

He further revealed, “As a means of permanent solution to the unruly behavior of some bikers in the state, we call on the government to regulate the number of bikers controlling unions in the state and empower self-reliance. because violence in commercial motorcycles and tricycles began in 2006 when the motorists union violently hijacked Okada parks.

Meanwhile, the syndicate also brought to the attention of the State Security Department and the Commissioner of Police an Okada Day being planned by a group of okada riders.

The President said that ACOMORAN, Oyo Chapter does not organize anything like this, adding that the participants are not members of the association but disbelievers who have extorted ignorant riders and caused confusion for selfish purposes.

Top 5 things about the BMW G 310 RR: Design, engine, price, launch date and more | Automotive News

Motorcycle Price

BMW Motorrad India has confirmed the launch of a fully faired motorcycle in the Indian market, and it will be at the bottom of its supersport range. Dubbed the BMW G 310 RR, the brand is looking to cash in on the Indian public’s craze for fully faired motorcycles with its new launch. The BMW G 310 RR will probably be limited to the Indian market at first. However, at a later stage, it may embark on a journey to international markets. Reservations for the next BMW G 310 RR are already open. If you want to reserve one for yourself, here are the top 5 things about the upcoming BMW G 310 RR.

Thanks to a series of teasers, we can guess that the next motorcycle from the Bavarian brand will largely resemble the TVS Apache RR 310. It is assumed that this is just a rebadged iteration of the flagship Apache. However, BMW will offer it in different paint schemes. The company’s signature white paint scheme with red and blue “M” style graphics is likely to make the BMW iteration look different from the TVS offering.

Reveal your racing attitude with the all-new BMW G 310 RR. Introducing the all-new BMW G 310 RR.
Book now – https://t.co/hbP3Zdz2V0#BMWMotorradIndia #BMWG310RR #G310RR #BMWG310RRReservationsOpen #New launch #RR #NeverStopChallenging #RevealYourRacingAttitude The T&Cs apply*. pic.twitter.com/OVPhsPSx48

— BMWMotorrad_IN (@BMWMotorrad_IN) June 11, 2022

BMW G 310 RR – Engine and gearbox

Much like the design, the BMW G 310 RR’s powertrain and transmission will come from the same bin as the TVS Apache RR 310. A single-cylinder engine displacing 313 cubic centimeters will develop a rated output of 33.5 hp and 28 Nm here. It will be mated to a 6-speed gearbox and slipper clutch with assist functionality.

BMW G 310 RR – Features

Yes! The BMW G 310 RR will boast of a long list of features. It will feature an all-digital dash, Bluetooth connectivity, drive modes, electric throttle, ABS and more. Since TVS and BMW jointly developed this platform and engine, the bikes are assumed to be identical and the feature list will also follow.

BMW G 310 RR – Launch date

BMW Motorrad has confirmed that the G 310 RR will arrive in Indian showrooms on June 15. Reservations for the motorcycle are already open. Additionally, the company revealed that the BMW G 310 RR will be available with attractive financing options. Buyers will be able to purchase it with no down payment and a low EMI of Rs 3,999.

BMW G 310 RR – Prices & Rivals

Pricing for the BMW G 310 RR will be announced on June 15. It should have a premium over the TVS Apache RR 310, which has a starting price of Rs 2.65 lakh, ex-showroom. Once launched, the BMW G 310 RR will rub shoulders with KTM RC 390, Kawasaki Ninja 300 and its mechanical twin – TVS Apache RR 310.

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#mute

Top 5 Most Expensive Scooters For Sale In India – BMW C400 GT to Aprilia SXR 160 | Automotive News

Motorcycle Sale

Scooters offer convenience and practicality without killing the fun of riding a two-wheeler. At first, scooters were seen as just practical workhorses, but now they’re a rather flashy set of wheels. Modern-era scooters, however, offer far more performance than some of the finest motorcycles currently on sale in the country. Plus, scoots these days are sharp in design and packed with features to the brim. Unfortunately, they are expensive too. Hence, we decided to put together this list of the 5 most expensive scooters for sale in the country.

BMW C 400 GT

The most expensive scooter title in the Indian market belongs to the BMW C 400 GT. You have to pay Rs 10.40 lakh (ex-showroom) for this scooter. However, it will not disappoint you in any way. The looks speak for aggression, and there are countless clean lines on this scooter. Moreover, the maxi-scooter is powered by a 350 cc single-cylinder engine that develops a rated power of 33.5 hp and 35 Nm of maximum torque. Smartphone connectivity is available here, as well as turn-by-turn navigation. The instrument console has a TFT screen and displays a lot of information.

Keeway Sixties 300i and Vieste 300 (₹2.99 lakh)

The newest name in the Indian two-wheeler market – Keeway, is gaining notoriety. This time Keeway Sixties 300i and Vieste 300 scooters join our list of most expensive scooters in India with their price of Rs 2.99 lakh, ex-showroom. The Keeway Sixties 300i is a retro scooter, while the Vieste 300 is a maxi scooter. Speaking of Keeway as a brand, the Hungary-based two-wheeler made its Indian debut in association with Benelli. The latter will market Keeway products on the Indian market through its chain of dealers.

keeway-sixties-300i

Elegant Vespa FL

The Vespa Elegante FL is an expensive scooter, considering its price of Rs 1.54 lakh, ex-showroom. It uses a 150cc engine which develops 10.3hp and 10.6Nm. The Vespa Elegante FL uses a retro design which makes it look quite exciting. The scooter has a circular headlight and a C-shaped visor. These elements make it stand out from the crowd and attract a lot of eyes. However, the scooter is also loaded with technology. It gets single-channel ABS and a semi-digital instrument console.

vespa-elegante-fl

Also Read- Indian Cricketer Mohammad Shami Buys New Royal Enfield Continental GT 650 Worth Rs 3.31 lakh

Vespa Racing Sixties 150

Priced at Rs 1.51 lakh (ex-showroom), the Vespa Racing Sixties takes the penultimate spot on our list of the most expensive scooters in India. It is marketed with a racing-inspired theme in both 125cc and 150cc versions. The eye-catching factor of this scooter is the eye-catching white paint scheme that features red highlights for added appeal. The rectangular headlight infuses a certain nostalgia into this design, while the gold-colored alloy wheels add contrast. To maintain cohesion with the paint scheme, the analogue part of the Vespa Racing Sixties instrument console receives a similar red and white theme.

vespa-racing-sixties

Aprilia SXR 160

The final contender on this list of most expensive scooters in India is the Aprilia SXR 160, with its ex-showroom price of Rs 1.41 lakh. The Aprilia SXR 160 is the company’s flagship scooter in our market. The maxi-scooter is sold with a 160cc engine. The engine develops a peak power of 10.7 hp. Mounted on a set of 12-inch alloy wheels, it’s a handler. In fact, the Aprilia SXR 160 boasts great straight-line stability. In terms of design, a rather bold design is what the SXR 160 offers. Split headlights with funky LED daytime running lights and a large windshield are seen on the front fascia of the SXR 160, giving it a strong presence. on the road.

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Toorak mansion with James Bond-style garage posts ‘ghost-tacular’ sale in just 10 days

Motorcycle Sale

A historic Toorak house, similar to a secret building from 007, has flown out of the market. And while there’s no tech savvy ‘Q’ on hand, this cool property has plenty of gadgets to impress.

An iconic Toorak mansion with a secret spy-like garage that once housed a famous caterer sold out in just 10 days.

The French-inspired home in 7 Ottawa Road houses a driveway featuring a hidden remote-controlled panel that allows authorized visitors direct access to the basement and James Bond-style six-car art gallery, located next to a wine cellar.

The property was advertised with price hopes of $12-12.8 million.

RELATED: The late John McMurrick’s Toorak mansion sells for over $19 million

Lauren and Chris Tarrant seek to earn $15-16.5 million for luxury house Toorak

Empty Toorak court owned by National Basketball League’s Larry Kestelman sells for $26 million

Interested buyers were invited to submit expressions of interest by June 20.

However, Robert Fletcher, director of Forbes Global Properties, 60 people inspected the three-bedroom home in its first week on the market.

“A local family who have long admired the property took the time to acquire it,” Mr Fletcher said.

He declined to comment on the sale price, but the Herald Sun understands the abode sold for a sum at the upper end of its price range.

Mr Fletcher said he was not surprised by the level of interest in the house which has 3.5m high ceilings, large fireplaces and French windows.

“I think because it’s an iconic property, a lot of people want to come and see what it’s all about,” he said.

The stately home previously sold in 2019 for $11.1 million.

Mr Fletcher said the seller did not use the site as a primary residence.

The property was built by renowned caterer Peter Rowland, whose company caters for some of Melbourne’s biggest events, including the Melbourne Cup Carnival, Formula 1 and Motorcycling Grand Prix and the Australian International Airshow.

Sign up for the Herald Sun’s weekly real estate update. Click on here to get the latest Victorian property market news straight to your inbox.

AFTER: Scott and Alex Pendlebury List Architect-Designed Elwood House

Namarong: Bold renovation helps elevate Armadale’s price record

Collingwood: French Opera-style Foy and Gibson warehouse conversion, with bathtub on balcony

Originally published as Toorak mansion with James Bond-style garage posts ‘ghost-tacular’ sale in just 10 days

The Packraft Kokopelli brand launches waterproof bicycle panniers

Motorcycle Brand

Home » News » The Packraft Kokopelli brand launches waterproof bicycle panniers

The Durango bike bag collection features TRUZip toothless zippers and 420d TPU nylon.

Connecting gnarly routes in a multi-sport fashion is all the rage. And for good reason – there’s nothing quite like the feeling of shredding a single track down a gorge and then loading up a raft for some Class III Rapids.

So it’s no surprise that packraft brand Kokopelli is getting into the bike bag game with the Durango Bike Bag collection. The bags are made of 420 denier double-sided TPU nylon and will be available to the public in spring 2023. The collection covers the full range of bikepacking, including a frame bag, handlebar bag, top tube bag and saddle bag. saddle stem.

GearJunkie’s Seiji Ishii previewed the bags at the Summer 2022 Outdoor Retailer Show in Denver this week.

(Photo/Seiji Ishii)

“Over the past 10 years, we’ve learned a lot about how people venture. Combining mountain biking and packrafting in one trip allows people to mix up their approach and access areas that were previously very difficult to access,” explained Kokopelli General Manager and Product Manager Jeff Popp. “Until now, there hasn’t been the right bag system that allows users to go from trail to water and back to trail.”

Popp added: “Our Durango bike bag solves this problem and is a great solution for those who want to paddle and pedal.

gear-junkie-kokopelli-3-700x467-1

Functionality of the waterproof bicycle bag

The Durango Bike Bag collection stands out for its true waterproof capability, which unfortunately is not yet a standard feature of bike bags.

koko2 (Photo/Seiji Ishii)

Kokopelli achieves waterproof status with taped seams, TPU coated nylon and the use of TRUZip. TRUZip is a toothless zipper technology that manages to be both waterproof and dustproof, so you should be able to go ahead and tackle whatever standing waves are in front of you.

29104327-ec3f-43a4-be14-cbd02b0dba2d (Photo/Mary Murphy) gear-junkie-kokopelli-4-700x466-1 (Photo/Kokopelli)

No word on cost yet, but Kokopelli designed the bags for living at an average price.

Discover the Durango collection at Kokopelli in the spring of 2023.

img_2086-copy (Photo/Seiji Ishii) spatsizi-river-set-off-bikerafting-sacred-headwaters-400x266-1

Pedal, paddle, pack, repeat. Few activities will help you navigate the most remote wilderness areas faster than bikerafting. But how does it work exactly? Read more…