Onyx Motorbikes Makes a Comeback One Year After Owner's Passing Left the Business Struggling

Onyx Motorbikes, a brand left in turmoil after the sudden death of owner James Khatiblou a year ago, has been revived by its original founder, Tim Seward. Announcing the comeback on LinkedIn, Seward expressed excitement about relaunching the company with new financial backers, highlighting a return to the brand’s roots. The new venture will initially offer about 100 RCR electric dirt bikes, though it’s unclear whether these are new products or leftover stock from previous production. Following Khatiblou’s death, unresolved debts totaling millions and a lack of succession planning complicated the situation, prompting creditors like Oxygen Funding to seek control over Khatiblou’s estate to retrieve their losses. The future involvement of key stakeholders in Onyx’s revival remains uncertain as the company attempts to navigate its financial and legal challenges.

Onyx Motorbikes Makes a Comeback One Year After Owner’s Passing Left the Business Struggling

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Onyx Motorbikes Makes a Comeback One Year After Owner’s Passing Left Company in Disarray

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