Ducati enthusiasts don’t seem to mind the fact that some of their favorite models come with a high price tag. It’s the cost of owning what some believe to be the finest Italian automotive work in the world. The brand has resurged with a following of motorcyclists who appreciate the high-quality design and manufacturing that is unique to Ducati bikes. The premier racing bike for Ducati is the MotoGP model which rests on the dream list of both young and old alike. This is perhaps the most expensive motorcycle the brand has released to date, but the high price reflects the value that others have placed on the bike. How much is a Ducati MotoGP bike worth? The answer isn’t a straightforward figure. Let us explain.
Why are MotoGP bikes so expensive?
Sportekz, describes the factors that affect the price/value of a racing bike. Standard motorbikes can range in price at the maximum between $125,000 and $300,000. The rationale for the price spread depends on the capabilities of the bike and its specifications. Now we get to the price of a Ducati Moto GP bike. Get ready because it’s steep. The range for this brand and model is between $1 million all the way up to $2.5 million.
The current cost of a Moto GP bike for 2020
A MotoGP 1000 cc bike has a build-up cost of $4 million. The engine parts alone are $425,000 with $25,000 in valuable parts, $15,000 for the tires, a range between $25,000 to $100,000 for the accident cost.The cost goes down significantly to build-up costs of $750,000 for a Moto2 650 cc and to $500,000 for a Moto3 250cc with the other costs also significantly lower. The engines are consistently upgraded. Racing bikes go through several sets of tires and the costs are high. Racing teams also budget a high dollar amount for accident repair. When racing, it’s going to happen whether it’s a wipeout or wear and tear on the moving parts.
Interesting facts about MotoGP bikes
USA Today, takes a second look at the high cost of Ducati’s MotoGP racing motorcycles. They further investigate why the build-price of these bikes is so expensive. Each Ducati MotoGP is a one-of-a-kind prototype that takes advantage of the latest technology in motorcycle innovations. Each is hand-built. More time and thought are put into each bike. The engines are individually made. They’re designed for peak performance in the racing circuits. The estimated cost of the fastest racing motorcycles in the world is at $2 million. The parts used to build these bikes are extremely rare. They are produced specifically for MotoGP bikes in a limited quantity. the engines are valued at approximately $100,000 each with some of the higher performance engines at $220,000.
The materials used to create the bikes are expensive. Specially designed materials include magnesium, titanium, and carbon fiber. These exotic materials are made to be lightweight and strong. The cost of carbon fiber is $10 per pound versus steel that goes for under $1 per pound. These are the differences that combine to make the prices so high. Even the brake rotors are made of carbon fiber composites.
The racing engines use pneumatic valves vs the spring valves found in production bikes. MotoGP bikes feature clutchless shiting via the seamless transmission design. Each bike is equipped with between 30 to 40 sensors. The data that is gathered for each practice session details travel, suspension, steering angle, and other facts about the performance. After each practice or racing session, the information gathered through the sensors is downloaded then analyzed.
Special tire materials
The tires of Moto GP bikes are made of softer compounds to give the tires the ability to grip the tracks. This provides them with exceptional cornering abilities on the track. Some tires last for thousands of miles but these softer tires may only last a few hours when subjected to extreme track conditions. The lifespan of the tires is significantly shorter but they are the most high-performing tires available for MotoGP racing competition. Hence, the cost for tires goes up far above that of production bikes.
Is Ducati the most expensive Moto GP racing bike?
According to Sport Skeeda, there are four main brands vying for the top positioning in the MotoGP racing world. Yamaha, Ducati, Suzuki, and Honda occupy these positions. When it comes to expense, Honda takes the number one spot with the RC213V. Ducati takes second place with its Desmosedici in the most expensive MotoGP category. For racing, the new generation prefers MotoGP bikes, although not all enthusiasts can afford them. They’re among the fastest racing motorcycles on the face of the planet. This also makes them highly desired by the masses as well as for MotoGP racing teams.
Ducati MotoGP bikes have an average cost between $1 and $3 million for a ballpark figure. These hand-built bikes are valued in accordance with their build, their specifications, and the performance ratings achieved. MotoGP racing is a serious business that requires the most up-to-date technologies and materials to maintain the hope of taking a win on the track. For racing teams, the cost of the bike, along with insurance, maintenance, and upkeep, is well worth the opportunity to get their shot at a win on the track. It’s a high-stakes industry with titles and prize money on the line. Granted, these are specialty motorcycles that are hand-built for the purpose of world-class track racing. The average consumer won’t have a chance for ownership. Ducati is a brand that stands very well up against the competition. Although it’s not the most expensive MotoGP bike in the world, it’s close, and as for performance, it stands on its own awaiting the skill of the rider to show what it’s really capable of.