Racing News – Finke Desert Race, Moto GP, sales and finance

We share the enthusiasm and interest of our motorbike enthusiast customers and stay across the happenings in the sector. In this article, we cover on some news items on track and outback racing including entries open for the Finke Desert Race, new models and the very important latest on motorcycle finance for buyers getting ready to buy.

Buyers keen to secure a new motorbike for the Finke Desert Race or before another rate rise can seek fast loan approval on cheaper finance with Jade Bike Loans.

Finke Desert Race News

For those keen to test their off-road riding skills, entries are open for the Finke Desert Race. This is a 2 day, multi-terrain race for both cars and bikes and has an impressive reputation as one of the most challenging off-road courses and is held in one of the remotest places on the planet.

The event is set to take place over the King’s Birthday weekend of 9-12 June and covers 452klm.  Last year the organisers introduced minimum riding standards for competitors and these standards will apply in 2023.

Last year there were over 550 competitors in the bike category alone. Some previous winners including an Alice Springs fan favourite, David Walsh, will be returning. In achieving the King of the Desert crown in 2022, Walsh smashed the record.

Organisers are expecting a strong field for 2023.

Jack’s Back for Moto GP 2023

The 2023 Moto GP kicks off in a few weeks and Aussie favourite Jack Miller will be in the mix once again. The 2023 schedule includes at least 42 races, with 777 points to be earned. The Saturday afternoon on each GP weekend will include sprint races of 12 laps. These races have half the number of points available for the main race.

There are some changes to practice and qualis also. Fridays will not have two practice sessions. The top 10 riders with combined times from these sessions will go straight into qualifying 2. A third practice session on a Saturday morning and two 15-minute qualifying sessions will determine the final grid. This grid will be for starting the sprint race as well as the main event race on Sunday.

GP 1 will be held in Portugal on 27 March followed by Argentina on April 2. Catch up with the rule changes, rider lists and other details at the official website.

Last Weeks of Benelli Sale

A reminder that the Mega Sale of selected Benelli models finishes on 31 March. Buyers can speak with us to pre-arrange finance to assist in deciding which of the models on sale will best work with their budget.

Generous savings are up for grabs on quite a few models. But you may need to be quick as the sale stipulates ‘while stocks last’. Tip: speak with us first for fast loan approval so you arrive at the dealership with the finance already sorted.

Also on sale is the CFMOTO 800 MT Explore. Reported pricing is a ride away of $16,490. To get a rough estimate of how that price equates to motorbike finance estimates, just head to our motorbike loan calculator.

Motorcycle Finance Update

If planning to enter the Finke Desert Race on a new machine, take advantage of the current sales or just feel it’s time for an upgrade, we can assist with bike finance options. Interest rates have been the big news in all areas of finance, including motorbike loans, for most of the past year. The Reserve Bank has lifted rates now 10 times in a row and indicated further rises will likely be expected to be needed.

The next meeting of the RBA Board to make that decision is on the first Tuesday in April. The markets expected that there would be another rise. But some issues have arisen which some analysts feel puts an April rise in doubt.

The collapse of a Silicon Valley Bank and other developments overseas may impact the decision. Closer to home, the February unemployment figures will also be of consideration by the Board. The unemployment rate fell on the February figures as released by the Australian Bureau of Statistics on 16 March. The RBA takes into account inflation, the labour market and international economic issues when making its decision.

Regardless of RBA rate decisions, we will continue to adhere to our policy of achieving cheaper rates to ensure our customers secure cheaper, more affordable motorbike finance for their new rides.

Contact Jade Bike Loans on 1300 000 003 for cheaper interest rate finance to purchase a new machine to enter the Finke Desert Race 

DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INTENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.