MADNESS PHOTOGRAPHY

Madness Photography started as an official, serious company in 1998.
But the history of Madness Photography started long before. Onno “Berserk” Wieringa, founder and owner of Madness Photography, has been a self-taught photographer since he was a little kid and started to take pictures of something he loved since the day he was born: motorcycles!

His motorcycles
After he finished high school, he started working for various Harley-Davidson shops, where he learned to work on bikes. At the age of 17, he already owned two Triumph’s and when he was eighteen he had four Triumphs and a Suzuki GT 750. After getting his drivers license, when he was eighteen, the Triumphs all had to go and were replaced by a bike that he had wanted since the day he was born; a Harley-Davidson. This bike is still in his life; it’s an FXE-F 1200 Super Glide Fat Bob, which has been rebuild and modified endlessly and ridden for many miles. Going everywhere on the bike, there was one thing he always had in his pocket; his camera!
At the age of 23 he started drag racing, and he and his team named “Midnight Madness”, raced the bike on all the major races and drag strips all over Europe. He has competed in many classes; starting with the Street bikes, than Ultimate Street Bike, Super Stock, Pro-Stock, and then finally in the fastest gas burning class; Top Gas! Also again taking thousands of photo’s of everything interesting, at every racetrack! Being a racer for more than 18 years gave him insight in the world of fast bikes, and he’s still involved in the world of drag racing as a helper/mechanic and of course photographer / reporter.

Latest News in the Custom Bike World

BREAKING NEWS: MAG Group network of brands - today many of them filing for Chapter 11 bankruptcy

MAG Group network of brands- 
today many of them filing for Chapter 11 bankruptcy.

 MAG family of brands that the company owns certainly is: 
Performance Machine wheels, Roland Sands Design, 
Renthal handlebars, Vance & Hines exhausts, 
Tucker Rocky, J&P Cycles, etc.

The network of brands has been struggling over the recent years though, 
and today we learn that many of them will be filing for Chapter 11 bankruptcy, 
while the overarching MAG Group business restructures its debt and finds new ownership.

While this is not the sexiest news story to happen in the motorcycle industry this year, it is certainly one of the most important and complicated. As such, we will try to break it down in a digestible way for you.


Debt and the New Owners of MAG
The first thing to understand is that MAG itself as company has acquired a massive amount of debt, and through the process that we are about to explain, MAG hopes to eliminate close to $300 million of debt off its books.
The primary method for MAG to clear its debt is what is called a debt-for-equity swap. This basically means that the lenders that MAG owes money to will take an equity position in MAG. This means they are getting stock in MAG, paying for this equity with the money that MAG owes them.

However, the amount of money that MAG owns is substantial, and it means that so much equity in MAG must be exchanged in order to pay off the loans that these lenders are effectively becoming the new business owners of MAG.
As such, these new owners are Monomoy Capital Partners, BlueMountain Capital, and Contrarian Partners, and they will lead the new owners group for MAG and its house of brands, implementing their own new Board of Directors for MAG, which will surely appoint new leadership to MAG and its holdings.

Chapter 11 for Brands
Not all of MAGs debt will be converted into equity for the companys lenders, however. This is presumably because the amount of money owed exceeds how much money MAG is worth on paper.
Therefore, many of MAGs holdings are filing for relief under Chapter 11, Title 11 of the US Code better known as Chapter 11 bankruptcy.

The companies filing for Chapter 11 are the following: Renthal Americas, Tucker Rocky, Performance Machines (which includes Roland Sands Design), Vance & Hines, J&P Cycles, Velocity Holdings Company, Velocity Pooling Vehicle, DFR Acqu
vrijdag 17 november 2017/Author: Onno Wieringa/Number of views (0)/Comments (0)/ Artikel rating: Geen rating
Categories: nieuws motoren
Tags:

John Kay and Steppenwolf Bring Heavy Metal Thunder to the Sturgis Buffalo Chip®

 John Kay and Steppenwolf Bring Heavy Metal Thunder to the Sturgis Buffalo Chip® 

Iconic motorcycle rock band to bring Chip fans back 
to the dawn of motorcycle culture as it’s known today.

Sturgis, SD – Motorcycle and music fans will have the chance to see true living legends at the Sturgis Buffalo Chip this August when John Kay and Steppenwolf bring their heavy metal thunder to the Wolfman Jack Stage on Friday, Aug. 10. Steppenwolf changed the rock ‘n’ roll landscape and the world of motorcycling forever. Their songs featured in the biker culture classic “Easy Rider” became synonymous with riding and rebellion. The official announcement video can be seen here: www.BuffaloChip.com/BANDS.



Steppenwolf is the original biker band and is credited with spawning an entire genre of music when singer John Kay coined the term “heavy metal” in the lyrics “heavy metal thunder”. The band’s music gave the world of motorcycling the impetus for many a road trip with anthems that include “Born to be Wild” and “Magic Carpet Ride.” Classic hits like “Rock Me,” “The Pusher” and “Jupiter’s Child” became engrained in the hearts of bikers everywhere.

“When these guys said ‘Get Your Motors Runnin’, they inspired a movement and became the soundtrack for bike nights, garage sessions and hangouts for generations,” said Rod Woodruff, President of the Sturgis Buffalo Chip. “It just doesn’t get any more authentic than John Kay and Steppenwolf on the largest stage in motorcycling. They are the real deal. This will be the biker event of the year.” 
The headlining performance by John Kay & Steppenwolf is the most recent of three huge names to sign on to perform at the Buffalo Chip in 2018. Eric Church is scheduled to perform Wednesday, Aug. 8 followed by Kid Rock on Thursday, Aug. 9. Many more world-class bands will be announced soon. 
In additional to musical entertainment, the Buffalo Chip TT American Flat Track race will take place in the amphitheater on Sunday, Aug. 5. The annual concert and event series, known as the “Best Party Anywhere®,” will begin on Friday, Aug. 3 and run through Sunday, Aug. 12, 2018. More information is available and passes may be purchased at BuffaloChip.com. 



About The Sturgis Buffalo Chip
The Sturgis Buffalo Chip® is the Largest Music Festival in Motorcycling®. It is the world’s first and leading entertainment destination for the motorcycle enthusiast and 2017 South Dakota Excellence in Tourism Innovation award winner. Since 1981, the venue’s high-
donderdag 16 november 2017/Author: Onno Wieringa/Number of views (0)/Comments (0)/ Artikel rating: Geen rating
Categories: nieuws motoren
Tags:
Eerste567891011121314Laatste