Wednesday, May 16, 2007
EXCLUSIVE - Kyosho to make 2nd Major Announcement at Shizuoka Categories - CRF, Industry, Kyosho, Products , trackback
When we exclusively broke the news about the partnership between CRF and Kyosho, we mentioned that the official announcement would be made at the Shizuoka Hobby show, which begins tomorrow in Japan. We can inform you that this announcement should happen tomorrow, the first day of the show, and according to our sources we should expect an even bigger announcement coming from the Japanese company over the course of this weekends show. We have been told that this news is MAJOR and having heard certain fragments of this news, if they are true, we can tell you that this is indeed HUGE news.
We hope to bring you the official Kyosho / CRF announcement from the show and we will let you know when we hear more about the 2nd announcement, so stay tuned.
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I am sure, Orion will be bought by Kyosho. This would not be a “huge” news :-)
[...] “Following on from what we had heard earlier in the week, we can now confirm to you that the 2nd announcement to be made by Kyosho is that they have purchased Team Orion. From what we hear the deal means that the Japanese company now owns Team Orion Europe, Japan and USA, and we presume Peak Motors too, and that they also now own the CRF engine project. Our source in Japan also confirmed that they saw a group photo being taken which included Joel Johnson (head of Kyosho USA), Masayuki Suzuki (president of Kyosho) and Philippe Neidhart (former owner of Team Orion) which would suggest that all 3 will be involved in some way within the new companies. We hope to bring you the official release when we get it.” [Source - redrc.net] [...]