 Concurrent with Monty's Monward, Allen Dudley-Ward was developing his own 500 cc race bike, basically a Triumph-engined Manx Norton, which he called "DW Special" leaving Monty's Monward renamed as Monard.By 1965, Bill Ivy had joined the Tom Kirby team, leaving Monty as an early sponsor of Ray Pickrell, providing a 250 cc Bultaco, a 350 cc Aermacchi and his own brand-name "Monard" with a 500 cc Triumph engine.Speaking to Motor Cycle's "David Dixon" in 1965, Monty confirmed difficulty in finding customers for a complete new racer at 500 GBP, but buyers seemed prepared to pay 400 to 450 GBP for a well-used proprietary Norton or AJS/Matchless factory-produced race bike.