Motorsport Aftermarket Group (MAG), a family of brands and businesses in the motorsport industry, announced today that it has acquired the Cycle News brand.
Cycle News printed a weekly motorcycle newspaper for more than 40 years until ceasing publication this past August. Since then it has covered the motorcycle industry and sport through its website, www.cyclenews.com, which will continue to serve the industry and motorcycle enthusiasts under MAG’s guidance.
“Cycle News has a rich history and has always been there for both the industry and enthusiasts,” MAG president and CEO Brian Etter says in a press release. “Many of us grew up reading Cycle News, and its name has meant a tremendous amount to all of us who love the sport. We are committed to the Cycle News brand and to its readership, and we will work diligently to take it to the next level.”
In addition to acquiring the brand, MAG also announced the hiring of Paul Carruthers to return to his position as editor. Carruthers — who built a 25-year career at Cycle News, including management of all editorial content as its editor since 1994 — left the publication right before it ceased publication.
Carruthers told Dealernews that the current plan is to focus on the Cyclenews.com website with the possibility of reintroducing a print version of the iconic magazine, but the brand is also exploring other options.
“In his 25 years with Cycle News, Paul earned the respect and confidence of the industry and its enthusiasts, and we are thrilled that he will return,” Etter says. “We are looking forward to working with Paul and his team to move the brand forward.”
Carruthers says he’s excited about working with MAG to restore the brand he helped build. “I am confident we can put together a quality team to bring Cycle News back to where it belongs — at the forefront of motorcycle media,” Carruthers says. “Having a company like MAG behind us will ensure its success.”