LRP Bankrupt?
 

Not sure if this is entirely accurate, Im surprised theres isnt a post about it, but it seems like LRP is bankrupt.

LRP insolvable est placé en faillite

I read the German version and it appeared that they're in the process of German insolvency proceedings.

I've seen the same. Very sad indeed. Electronic competition is great for the sport and I really hope they can pull through it, find a buyer/investor.

Where you found the german version?
I like to read it my self. The RedRC statement is kind of short.
Thanks

They got hit by the Reedy train. Great ESC's, hope they pull through.

I hope LRP pulls through this and the change to AKA as US distributer will help to regain the north american market. There are more stuff in stock already.

not the reedy train. Lrp was crushed by hobbywing/orion. Greater acceleration, smoother delivery and reliability thanks to higher quality parts used. Plus for practice you want reverse, which lrp does not offer. Counting blinking lights to change settings today sounds like a joke. 6.0/7.4v bec is the new standard.

If the plan is to continue using the same crappy pcb, thin cheap aluminum case and blinking lights for setting changes, then they should just close down. Hobbywing isn't the only brand better than lrp. tekin is also.

I wonder when was the last time you have used an LRP ESC?
The FlowX is great and the current batteries too. The only thing is the stoxk motors need a refresh. the 7.4V bec and the programing box are nice to haves, but not essential for the functionality. lrp will bring a program box they announced it with the FlowX.
LRP need to refocus on the core market ESC, batteries and motors for cars, boats, planes and drones. All the RTR stuff is nice but it is hard on the profit margins, a lot returns and free repairs killing it. especially in europe with the strict laws.
Just my 2$.

There's a firmware with reverse available for the LRP Flow. But even with my Hobbywing, I don't bother enabling reverse for practice.

https://translate.googleusercontent.com/translate_c?depth=1&nv=1&rurl=translate.google.com &sl=auto&sp=nmt4&tl=en&u=https://www.insolvenzbekanntmachungen.de/cgi-bin/bl_aufruf.pl%3FPHPSESSID%3De02c687255c02ef8a6bf2f9 e993c670d%26datei%3Dgerichte%252Fbw%252Fagstuttgar t%252F17%252F15_IN_439_17%252F2017_05_18__10_28_16 _Sicherungsmassnahmen.htm&usg=ALkJrhi-0ti01bY0ShLc3qlFUkeE4jcJSw

Thank you for the link.
I just read it and it is the typical german lawer language.
It looks like a standard procedure, nothing special.
I found a statement from the lawer, who runs the insolvent process.
He started that there are several investors interested and options streamline the company.
Let's see how it will go.

I've had more lrp esc than anything else, but not the flow or flowx. Reliability is a big thing. If they were durable then I'd imagine their 8th scale esc wouldn't have needed a v2 to improve on better hardware. 8th scale really tests hardware. Going up in smoke shouldn't be the main concern. Heat should be. Customers aren't stupid, they go more for reliability than performance. That's what I see at the race track.

If reverse was as easy as changing a setting, that would cater to bashers also. Don't you think? Or are you gonna deny ease of use not being a factor and changing firmware to be just as easy? As you said lrp should focus more on esc and what it is that made them successful. That's the same as saying theyve been slacking off and spreading themselves too thin. Problem is this is not a software issue. More about quality which improves durability. See the inside of lrp esc and you can see the difference when compared to Hobbywing. At least that's how it was with the older lrp stuff. When Orion released their r10 word spread fast on how good they were. When stuff is tried out and really is impressive, word spreads fast. People try out each others cars and believe how well this item works. Never happened when the flow or flowx was released. Just looking at the pcb holding the connectors you can see how cheap they are.

Don't deny any of this. Listen to what customers are saying, make changes and improvements. If things don't change then you can argue as much as you like along with lrp fanboys as the company shuts down. Hobbywing, Tekin and Muchmore stand above the rest. Don't know about maclan or the others, but at least their prices are appealing. The appeal of lrp used to be for being the best at pretty much everything. The only rival was the novak gtb which had terrible reliability.

Improve reliability with quality, make settings easier to adjust, and add more settings. Customers don't know how to make products, but we know what we want which is what we buy. If all these are met and sold at a competitive price I'm sure lrp would be back. I'd try some out also.

You gotta be honest on why business is bad and then do something about it. Denial and not doing anything about it won't change anything for the better. Lrp stuff don't suck, but outdated compared to what else is available today which offers more for less.

Nothing special is correct, which makes it neither good nor bad in and of itself.
In the Us, companies with value are often purchased out of liquidation or insolvency proceedings, or sometimes their assets, whether physical or intangible (intellectual property) are purchased by one or more companies in relation to these proceedings.

I don't know how similar German proceedings are as compared to US, but the long and short of it is, if there's anything particularly of value in LRP, someone may come and look to scoop it up in part or in whole.

This begets the question: What is of value owned by LRP? Do they really have any technology that they own that is particularly marketable?

Their brand has some value, but enough to attract someone to purchase it?

What do people like form LRP that is worth preserving?

Don't get me wrong, I bought their batteries particularly liking their case, even though I know it was someone else's battery re-cased. But there are other batteries to buy, and I'm fully aware that it's not LRP's tech under the case, so I'd also by an intellect battery or something else.

Those who don't follow the trends are left behind. LRP Esc's, while quite popular here I have always found very finnicky and stopped using them years ago. Programming was a pain, so to the lack of ability to run should the sensor cable fail (ie switch to sensorless mode) which the Hobbywings / Tekins can do.

The IX8 1/8 ESC was a dud, I am yet to see one last longer than 2 races in 1/8 GT On Road (That said it is a taxing class, yet to see a Tekin RX8 get past 4 races), Hobbywing and Trackstar / SkyRC ESC's dominate there.

The X20 series motor is how old now? The Stock spec ones are no longer competitive compared to the newer motors.

I do not feel sorry for them at all.

I bought a LRP Dynamic 10 motor described as (among other things) having an "Oversized front bearing". When I got the motor I found that bearing was a 5X10X4. My Slash has bigger wheel bearings than that.