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TTXGP Trust: Race to Own

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After crowdsourcing their rule book, TTXGP has set another unprecedented move in racing by allowing teams to own up to 70% of the series itself. The union (TEO), as TTXGP calls it, will be transfered stock in in TTXGP Ltd, the company behind the TTXGP series. Teams then who comprise of the TEO membership will be award individual “units” of TEO based on the number of races the teams enter and their position in the standings.

For 2010, 30% of TTXGP Ltd. will be transfered to TEO, and the goal is to have 70% of the company up for grabs by 2020. TEO will have a considerable amount of sway in how TTXGP is run, thus creating a more open atmosphere for the direction of the series. The move to give teams a vested interest like this also serves to encourage more participation in the series. More after the jump.

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2009 TTXGP Champions Confirm All Three TTXGP Regionals For 2010

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Team Agni took first place at the 2009 TTXGP at Isle Of Man by a large margin upsetting many favorites. Many eyes have been on Arvind Rabadia to see where his team would go racing for 2010. There are currently three separate electric race organizations, TT Zero (Isle of Man), e-Power (FIM) and TTXGP (eGrandPrix). For those new to the electric race landscape don’t confuse these 3 separate organizations with the 3 separate regional series that make up the 2010 TTXGP. The 8 highest placing teams from each of these regional series meet in Albacete, Spain for a final to decide the champion for 2010.

At this point not many of the major electric race teams have revealed their 2010 plans. Team Agni competing at all three TTXGP regionals could be a big draw for teams who want to beat the 2009 champions. It will be interesting to see if Team Agni signs on for e-Power as well. It seems Team Agni will not be at TT Zero as it falls on the same weekend as the second stop of the North American TTXGP round at Elkhart Lake, Wisconsin as they fall on the same date. MCN mentions some feel Team Agni will soon sign on for the TT. It is very possible they will just skip Elkhart Lake or if they have the budget a team at both events. Stay tuned, we should learn more shortly. See the full press release after the break.

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Mavizen Introduces Factory Support Service, Training And Insurance for the TTX02

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Late last year Mavizen announced the TTX02 race bike with the intention of eliminating reasons for teams to pass on electric motorcycle racing. The TTX02 is a fully electric race bike based on the KTM RC8 rolling chassis and TTXGP winning Team Agni drive train. Today Mavizen and TTXGP founder Azhar Hussain rolled out supporting services for teams that still might be on the fence.

For aspiring racers with poor social skills or lack of budget for a team, Mavizen offers a factory support service of your race bike including transporting it from race to race. It sounds like all you have to do is put on your leathers and ride. The race plastic is all you really own with this package and you can put whatever sponsor stickers on it you want.

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TTXGP Announces PRO2 Class for 2010

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The founders of the TTXGP, that ran at the Isle of Man this last June, have announced that there will be a new racing class in 2010. Called the PRO2 class, participating teams will make two laps around the Mountain Course, with an optional pit stop in-between the laps. The pit stop is not mandatory, but will allow teams to swap-out their battery packs for new ones, if they so desire.

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