As part of the agreement, the Iowa museum will change its name to the National Motorcycle Museum, and all members of that museum's hall of fame will be added to the Motorcycle Hall of Fame in Ohio. The two museums will continue their own independent operations and management as they have in the past, and continue to cooperate sharing motorcycles, memorabilia, art, archived and exhibit material.

The joint announcement was made yesterday prior to the 2004 induction ceremony at the Motorcycle Hall of Fame Museum, in Ohio.

"This consolidation shows what can be accomplished when two organizations share an inclusive perspective and a love for the heritage of motorcycling," said Mark Mendell, Chairman of the Motorcycle Hall of Fame Museum's Board of Directors.

John Parham, President of the National Motorcycle Museum's Board of Directors, agreed, adding, "We believe it's a win-win for the entire motorcycling community, and we're very enthusiastic about our potential for the future."

As part of the unification agreement, Parham will join the Motorcycle Hall of Fame Museum's Board of Directors, and be a member of the Board's Hall of Fame Committee.