Honda's CB750 mixed an almost perfect combination of power, precision and price.
Honda's CB750 mixed an almost perfect combination of power, precision and price.

The superbike that was just too good



Success can only be achieved through repeated failure and introspection," mused the late Soichiro Honda, the man who fashioned a motorbike and car manufacturing business out of the economic despair of 1940s Japan. Having suffered personal injury before the war and professional devastation during it - his piston ring manufacturing business had been all but destroyed by Allied air raids before the Nankai earthquake in Japan finished what the bombers had started - Mr Honda was probably more acutely aware than most of that human condition that helps one triumph through adversity.

And so, undaunted by those previous setbacks, he began adding motors to bicycles in 1946 to create the A-Type moped. Honda followed that with a conveyor belt of 1950s best-sellers, including the Super Cub moped which would, decades later, become the mode of transport of choice for pizza delivery boys around the globe. But while the orders flooded in, Honda still craved the same twin accolades that a boy-band might hanker after as their pop career begins to move ever upwards: credibility and the conquering of America.

Honda began to address the second part of that conundrum in 1959, and North American customers were soon lapping up the Japanese company's shiny, happy marketing - "you meet the nicest people on a Honda" - and the cheap dependability of its model range. In fact, by the mid-Sixties, the bike maker held close to two-thirds of American sales in its grasp, although that credibility remained elusive. Honda's nimble sub-500cc units had, to this point, failed to impress that not insignificant constituency of US bikers who turned up their noses at anything less than a huge Harley-Davidson or something similarly grand from the British Isles. The Honda CB750 would, however, eventually smash the rather glib assumption that "bigger always means better".

A masterpiece in design, the Honda brought both power and precision together in one package and in the process created a new market sector entirely: the superbike. The CB750 rose, in 1969, from the nanahan project (nana meaning seven and han meaning a half in Japanese), equipped with a four-cylinder 750cc engine that delivered a maximum output of 67hp - a shade more than a burly 1,300cc Harley and a full 15 per cent ahead of BSA's supposedly all-conquering 750cc Rocket III of the same era.

The CB750's power, which gave the bike a blinding top speed of 190kph, was mated to technologically advanced front disc brakes, smooth riding dynamics and a killer price of US$1,495, at a time when less sophisticated bikes would routinely sell for up to $4,000. Little wonder then that a meeting of American Honda's dealers, brought together for a first look at the CB750 shortly before its launch, burst into spontaneous applause when told of the bike's price point.

America quickly fell for the charms of the CB750 and Honda struggled to build enough bikes to keep up with growing demand. This was no faddish obsession either, as the CB750 delivered solid sales figures for years afterwards. It was Honda's cash and credibility cow. British bikes meanwhile, hitherto seen as paragons of sportiness, withered on the vine and would never recover the ground they lost to Honda in the US in the Seventies.

Similarly, the bike maker's domestic competitors - Kawasaki and Yamaha - endured a period of introspection of their own before beginning a full-out offensive to create their own nanahan and topple the CB750's undisputed crown. Not surprisingly, Yamaha's sustained attack ended in failure. The Honda was simply too super to be ceded from its position as the bike that broke American sales records and British spirits. nmarch@thenational.ae

MATCH INFO

Manchester United 2 (Heaton (og) 42', Lindelof 64')

Aston Villa 2 (Grealish 11', Mings 66')

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
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The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
Specs

Engine: 3.0L twin-turbo V6
Gearbox: 10-speed automatic
Power: 405hp at 5,500rpm
Torque: 562Nm at 3,000rpm
Fuel economy, combined: 11.2L/100km
Price: From Dh292,845 (Reserve); from Dh320,145 (Presidential)
On sale: Now

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Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

The specs: 2018 Renault Megane

Price, base / as tested Dh52,900 / Dh59,200

Engine 1.6L in-line four-cylinder

Transmission Continuously variable transmission

Power 115hp @ 5,500rpm

Torque 156Nm @ 4,000rpm

Fuel economy, combined 6.6L / 100km

Manchester City 4
Otamendi (52) Sterling (59) Stones (67) Brahim Diaz (81)

Real Madrid 1
Oscar (90)