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UPDATE 3: Because of our article Motorcyclist Online has further refined their “Buzz” section. Of course they’ve also removed Asphalt & Rubber from their feed. We’re not expecting an apology from them at this point.

UPDATE 2: A small victory, Motorcyclist Online has changed their format to only copy the first 50 words of our text…still no link love though, and still actually copying the wrong text from us.

UPDATE: It looks like Motorcyclist Online is actually copying this story as well. Sweet irony!

I got a strange email today…which isn’t that strange in of itself, because I get strange emails on a regular basis, but the email contained a link to Motorcyclist Online, the internet version of Motorcyclist Magazine, which is owned by Source Interlink Media.

Clicking onto the link I see an article that was written this morning, published in its full text. “That’s funny” I think to myself, because we certainly never gave Motorcyclist permission to use our articles…clicking further I see we’re not the only online motorcycle site whose content is being copied onto the online pages of Motorcyclist Online…we’re just the latest addition to this blatant act of plagiarism and IP theft.

Kawasaki UK has announced that it has setup a new website where interested riders can sign up to test ride a Kawasaki street machine from their local dealer. The site, kawasakitestride.co.uk, let’s riders search for new and used green machines by location, and then schedule a test ride directly with the dealerships. While this doesn’t affect us American riders too much, it’s a sign that the at least some portion of the Japanese motorcycle manufacturers are revaluating the motorcycle purchasing process.

As we reported last week, there were rumors circulating that Bajaj was poised to take a controlling interest in KTM, which could see the Indian manufacturer owning up to 90% of the Austrian company. After the circulation of these rumors KTM released a statement (posted after the jump) that touched on some of the issues brought about by the weekend’s news coverage, namely the future ownership structure of the company.

Some publications have taken this release as a denial of the acquisition rumors (which the release at no point actually says), but like many press releases what is said is often less important that what isn’t said. Sensational headlines aside, KTM’s response only suggests that CROSS Industries AG will remain the majority shareholder in KTM, and in no way denied rumors that Bajaj would be increasing its stake in the Austrian company. While CROSS and KTM’s current leadership seem set to remain intact at KTM (what was actually stated in the release), our sources continue to point to Bajaj increasing its stake in KTM, while the company’s glaring omission to address that part of the industry rumors seems to confirm that initial suspicion.

With KTM’s shareholder general assembly only two weeks away, we won’t have long to wait to see how the over $40 million of additional stock gets spread out over current and potential investors. Press release after the jump, for you to make the call yourselves on what was said.

Asphalt & Rubber has been out of the office for most of this President’s Day weekend, but we’re back now and eager to make it up to you. We’ve got some great stories that we’ll roll out this week, but while we put them together we thought we’d tide you over with this video that showcases the development process of the 2010 BMW S1000RR superbike. The video highlights the planning, designing, and testing of BMW’s first true sportbike, which gives an interesting perspective into the bike’s creation. Click past the break to watch the video, and go ahead and queue up your own music because this soundtrack is el horriblé.

Rumors are indicating that KTM has invited Indian manufacturer Bajaj to increase its stake in the Austrian company from the current 30% to up to 90%. While neither party has confirmed the news, it is reported that Bajaj has accepted KTM’s offer, and will immediately purchase an additional 21% of the company’s stock, making it a 51% majority shareholder. Bajaj will then increase its ownership to 90% at a later undecided time.

Mission Motors has announced today that they have replaced co-founder Forrest North in his role as company CEO. The move signals a change within Mission Motors that shows the company focusing on bringing products into production and putting them into consumers’ hands. In their announcement, Mission Motors’ Board of Directors have begun their search for a long-term CEO with experience in product development and automotive manufacturing, but in the interim the company will be headed by its current COO Jit Bhattacharya.

The transition, while seemingly drastic, is one that every startup must face as it moves from a visionary and industry challenging mindset to a functional and operational capacity. This movement in management is one that virtually all startups face at some point or another, and something we’ve talked about here in some detail in our “Tradition is not a Business Model” series, so it’s announcement at this point in time isn’t terribly surprising to this author, and storied lesson in entrepreneurship that transcends even into the motorcycle industry.

In conjunction with its announcement that Forrest North has stepped down as CEO of Mission Motors, the San Francisco based company is also announcing that the delivery dates for the Mission One electric superbike have been pushed back from Q4 of 2010 to Q2 of 2011. Mission Motors attributes the deadline push-back to the unforeseen economic collapse in both the motorcycle industry as well as in the capital markets. Despite these setbacks, the company is still on track to deliver the Mission One in a timeframe quicker than or equal to the industry norm, and has also revealed that an addition to the Mission One (which we’ll dub the Mission Two until we hear otherwise) will be announced later this year.

For the 2010 World Superbike season, Aprilia is looking to build upon their successful 2009 season, which saw Max Biaggi finishing 4th despite the RSV4’s first outing in WSBK racing. While the 2009 factory Aprilia team ran no title sponsorhip, that’s all set to change in 2010 with the announcement that Italian airline Alitalia will be headlining on the teams livery.

The 2010 World Superbike Championship series is only two weeks away from its season opener at Phillip Island, and to help get the Superbike juices flowing for race fans, WSBK has put together a video that highlights moments from the 2009 season and an update on riders and teams for the 2010 season.

If only we could get coverage of WSBK this good on the television back here in the States. At 22 minutes long, this is a video well worth watching with beverage and food within arms’ reach. Enjoy the season preview after the jump.