It appears the motorcycle and automotive wheel manufacturer Dymag Racing UK Ltd, has gone bankrupt and the assets are currently up for auction. With so much equipment being auctioned off, it doesn't look like this is a temporary reorganization where the company gets things in order and starts over, although one never knows. Dymag is a well known name that has been producing wheels since the 1970s and produced the world's first magnesium motorcycle racing wheels. You can see all of the details of the auction and sign up online. It looks like there is quite a bit of machinery available.

Despite signs that the economy seems to be bottoming out, UK-based wheel manufacturer Dymag Racing UK, Ltd has entered into bankruptcy. What appears to be beyond just a mere restructuring, the company’s assets are being auctioned-off, placing doubts as to whether the manufacturer will continue making wheel products after the bankruptcy process concludes.

Dymag’s history dates back to the 1970’s, where it was the world’s first producer of magnesium motorcycle racing wheels. Since then, the company has branched into the composite wheel segment, providing wheel solutions to the likes of Formula 1 and WRC, in addition to a bevy of motorcycle teams.
Now finding itself at the wrong end of its creditors, Dymag finds an assortment of the company’s industrial equipment up for auction, such as its CNC turning and machining centers, general toolroom machinery, and powder coating and ink manufacturing equipment.