With a rare combination of a racer’s talent, and engineer’s mind and an innovator’s creativity, Erik Buell made unusual motorcycles for decades. While Erik Buell will be kept on as president of the operation that bears his name, the company's new owner Bruce Belfer will serve as its CEO. Thanks for that. The motorcycle press always loved Erik Buell, and with good reason. Did You Know That a Cadillac El Camino Exists? Sadly, this was not enough to save EBR and they filed for receivership on April 15, 2015. If you were still holding out hopes that you’d see new and innovative production motorcycles from Erik Buell, it appears those hopes are now dead. Unfortunately, Erik Buell Racing met a similar end to that of Buell Motorcycle Company. Which Managed Futures ETF is Right for You? Which is the Best International Value ETF For You? Harley-Davidson hired a new CEO, Keith Wandell, in the hope that he could resolve these issues and he questioned why they even owned Buell Motorcycle Company in the first place. The first motorcycle his new company produced was the RW750 which was intended for competition in the AMA Formula 1 championship. Well, the Buell 1125CR was sold at £7995 in the UK in 2008 and today they’re as rare as hen’s poop. Garrett by trade is a personal finance freelance writer and journalist. Yesterday, the Milwaukee Journal Sentinel reported that the court appeared to be ready to approve the sale to Liquid Asset Partners, a firm in Grand Rapids, Mich., that specializes in liquidating companies or assets. It seems like since 2009 it has been restored. Harley-Davidson would also take Buell’s house as security. How it works: Sign in Like many other companies, this business has experienced many ups and downs throughout its short history. The next few years were good for the company before they hit their first major fall. Fiercely independent, and built in East Troy, WI, USA. First, he built his own designs. Buell is also the founder of Erik Buell Racing. The Buell Motorcycle Company was a motorcycle manufacturer that was founded in 1983 by Erik Buell. Redeem See our A drop down menu will appear. All that is missing is Pegasus on the logo. Buell Motorcycle Company began to slide into financial difficulties and Jeffrey Bleustein, the CEO of Harley Davidson, said they would invest $500,000 to purchase 49% of the company as a skunkworks development. We get it. This meant the Buell motorcycles became the starter brand and people would then progress onto owning a Harley-Davidson. Buell may be down, but it's not out. Wow, for the first time I hear about this brand of motorcycle, but already inspired. We may yet see some more interesting creations from Erik Buell, but I don’t expect to get another chance to buy a Buell production motorcycle.