Viper Powersports Inc. (VPWI.OB) Subsidiary Signs Joint Venture with Ilmor Engineering
Viper Motorcycle Company, a subsidiary of Viper Powersports Inc., and Ilmor Engineering Inc. today announced that they have executed the manufacturing agreement outlined in the letter of intent dated October 6, 2009. Viper Motorcycle and Ilmor will partner on the manufacture of an Ilmor designed and developed Viper Motorcycle 152 cubic inch V-twin engine. Partnering with Ilmor looks like a smart choice. Ilmor Engineering is one of the most successful race-engine design manufacturing firms in the world. The company is best known for its expertise and success in the highest levels of automobile racing. Ilmor has over 200 Indy Car…