[6] On April 15, 2015, Erik Buell Racing filed for receivership, with a reported $20 million of liabilities,[7] and ceased all operations including closing down their website.

[1] On August 7, 2015, it was announced that Bruce Belfer, an engineer from New Jersey with a background in metal fabrication, had agreed to purchase Buell's manufacturing assets for $2.25 million, while Hero MotoCorp.

[8] The deal failed as Belfer was unable to secure financing for the $2.25 million purchase price, and the official receiver filed to re-sell the assets in a new round of bidding, so the remnants of Erik Buell Racing returned to auction on December 10, 2015.

[9] The auction had no bidders, and a move where the court-appointed receiver sought to sell the assets by accepting a pre-emptive offer from a private liquidation-company specializing in breaking-up company remnants was blocked by the judge, to allow more time for any potential new buyers to prepare their submissions, rescheduling the hearing for early January 2016.

[10] In January 2016, the remnants of Erik Buell Racing were sold to Liquid Asset Partners for just over $2 million, with the proceeds going to creditors (including Mito Tech and Porsche Design Group) and to former employees for unpaid wages.

[16] In June 2011, Erik Buell Racing officially announced their first street model, the EBR 1190RS, a sport motorcycle with a 1,190 cc (72.6 cu in) 72° V-twin engine delivering 175 hp (130 kW).

[22] In an interview with the editor of Cycle World magazine shortly after EBR entered receivership in April 2015, Erik Buell stated: "We've been working on the mainstream stuff.

Riders have included Geoff May, Danny Eslick, Cory West, Larry Pegram, Mike Baldwin, Travis Peartree and Aaron Yates.

EBR became the first American OEM to earn Superbike World Championship points when Larry Pegram, entered as wild card, finished 14th in Race 2 at the Laguna Seca round.