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Dymag Racing UK Ltd in Bankruptcy – Machinery Available in Online Auction

By Paul Crowe

Dymag Racing UK LtdIt appears the motorcycle and automotive wheel manufacturer Dymag Racing UK Ltd, has gone bankrupt and the assets are currently up for auction. With so much equipment being auctioned off, it doesn’t look like this is a temporary reorganization where the company gets things in order and starts over, although one never knows.

Dymag is a well known name that has been producing wheels since the 1970s and produced the world’s first magnesium motorcycle racing wheels.

You can see all of the details of the auction and sign up online. It looks like there is quite a bit of machinery available.

Thanks for the tip, Andy!

Link: Dymag
Link: DoveBid Auction

UPDATE: CSA Performance Wheels relaunches Dymag

Posted on November 30, 2009 Filed Under: Motorcycle Business


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Comments

  1. pabsy says

    November 30, 2009 at 7:08 pm

    Oh wow that is so sad, they had been around forever, very nice company

  2. Scotduke says

    December 1, 2009 at 4:49 am

    Sad day – was a good supplier to the racing sector and with a good rep. Maybe I’ll see if I can get some wheels for my Duke?

  3. Phoebe says

    December 1, 2009 at 9:32 am

    What a shame =(

  4. RD350 says

    December 1, 2009 at 7:56 pm

    Sad to see them go. However, they never responded to my emails or inquiries?
    I had asked about making a several sets of Dymags for RZ350s (they used to make them) …

    Needless to say, no interest, no response.

    Anyway, I wish that someone would make lightweight wheels in narrow, old school sizes. No one currently does, as far as I know.

    So many guys are building specials with cool old bikes … CBs, RD, KZs etc … it seems that there must be a market for really light, alloy or magnesium, 18 inch rims in WM1, 2 and 3.

    Anyone agree?

  5. todd says

    December 1, 2009 at 11:33 pm

    It’s hard to beat a set of spoked aluminum rims if you want light. Besides, that’s what fits on the old bikes. Regardless, you might have seen the current trend of using a couple of old front mag wheels, one modified to use on the back (but 19″) like on the Web Surfer. This seems like quite the ticket. That or look overseas for a set of 125 sport bike wheels (in 17″).

    -todd

  6. Dangerous Dave says

    January 23, 2010 at 10:50 am

    The problem with Dymag was that it was too top heavy and there was too much bullshit. I doubt whether the company ever made any profits in the last 20 years which is a shame as there were some good products. However, in the real world, there are only a finite number of investors who can afford to hang about and wait for a return on their investment and Dymags days were numbered a long time ago. Such is life!!

  7. Chris Shelley says

    February 1, 2010 at 10:03 pm

    CSA Ventures announces that it has acquired the assets of Dymag Racing’s motorcycle wheel business including all tooling, designs and inventory. A new production unit is being set up near Chippenham, Wilshire, UK.

    The products will be re-launched in March 2010. Initially only the Classic 3 spoke and 5 Spoke, Forged Aluminium 7 Spoke wheels also available. Carbon wheels are not available at this time.

    See http://www.csaperformancewheels.com for more information on pricing and availability. Pre-orders are being accepted, for delivery in mid to late April 2010.

    Chris Shelley, MD – CSA Ventures.

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