Reddit mentions of Helicoil 5546-6 M6 x 1 Metric Coarse Thread Repair Kit

Not to be an asshole but do you know what you're doing? How long have you been riding? an R1 is a hell of a bike for a new rider and that machine does not look like it's mechanically sound.

You say you got it on a trade for a couple hundred dollars?

First thing I see is that your radiator exhaust hose looks shot. Stator cover is obviously removed already; given that your threads do appear done for it may be possible to use Helicoil to go up a diameter and re-thread.

As far as removing the actual stator motor you'll need a pulley puller installer kit. That will give you the correct nut and you can rent them from an auto store. See this video for reference: https://youtu.be/3A5-g6OnYRI

Once the new stator is installed and new threads bored - even if you fail on a few of the threads you should still get a sufficient enough threading from a few of the bolts for the cover to stay on.

That said you need to seriously go over the rest of that bike. There's no telling what the previous guy did.

I think a helicoil will solve my woes.

Thats pretty good drilling. Very nice.

I would try 3 things.

Take a small sharp punch and hammer. Gently tap the part of the old bolt and unscrew it.

Continue drilling and rethread the hole using https://www.amazon.com/Vermont-American-21669-16-inch-Drill/dp/B000BQW6F0/ but use the correct size for the stud you have. Seek out a "blind hole" or Bottom chamfer tap if possible. Same thing, different name. Start with the first one, finish with second one. If you notice the cutting part is almost to the end of the second one. That allows you to get to the bottom of the hole.

The last resort is https://www.amazon.com/Helicoil-5546-6-Metric-Coarse-Thread/dp/B0002KKPXK same thing, figure out the size you need first. These are just examples. your actual size is probably different.

I just ordered this Heli-Coil thread repair kit. It seems like a good option to keep the stock bolts all 6mm:

https://www.amazon.com/gp/product/B0002KKPXK/ref=oh_aui_detailpage_o00_s00?ie=UTF8&psc=1

Has really good reviews too!

even that...

Dude, i'm talking like $20. What's that, like $26.22AUD?
https://www.amazon.com/Helicoil-5546-6-Metric-Coarse-Thread/dp/B0002KKPXK

Amazon in Australia sucks... Here's a eBay link:
http://www.ebay.com.au/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR11.TRC1.A0.H0.Xhelicoil.TRS0&_nkw=helicoil&_sacat=0

Really though, i'd just thru-bolt it. you're not going to be able to tap it bigger because the slide in the brake that the bolt goes though wont be bigger... so a bigger bolt wont fit.

you can even see what i mean just by looking at the knuckle where the brake goes:
http://www.quadratec.com/sites/default/files/styles/product_large/public/product_images/26914.jpg?itok=W6VgZPRk

You've never heard of Helicoil? The thread repair kit?

http://www.amazon.com/Helicoil-5546-6-Metric-Coarse-Thread/dp/B0002KKPXK