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Victory Motorcycle Important Announcement
POLARIS INDUSTRIES TO WIND DOWN VICTORY MOTORCYCLES OPERATIONS
STRENGTHENING ITS POSITION IN THE POWERSPORTS INDUSTRY
MINNEAPOLIS (January 9, 2017) — Polaris Industries Inc. (NYSE: PII) today announced it will immediately begin winding down its Victory Motorcycles brand and related operations. Polaris will assist dealers in liquidating existing inventories while continuing to supply parts for a period of 10 years, along with providing service and warranty coverage to Victory dealers and owners. Today’s announcement does not affect any other Polaris business units.
“This was an incredibly difficult decision for me, my team and the Polaris Board of Directors,” said Polaris Industries Chairman and CEO Scott Wine. “Over the past 18 years, we have invested not only resources, but our hearts and souls, into forging the Victory Motorcycles brand, and we are exceptionally proud of what our team has accomplished. Since inception, our teams have designed and produced nearly 60 Victory models that have been honored with 25 of the industry’s top awards. The experience, knowledge, infrastructure and capability we’ve built in those 18 years gave us the confidence to acquire and develop the Indian Motorcycle brand, so I would like to express my gratitude to everyone associated with Victory Motorcycles and celebrate your many contributions.”
Several factors influenced today’s announcement. Victory has struggled to establish the market share needed to succeed and be profitable. The competitive pressures of a challenging motorcycle market have increased the headwinds for the brand. Given the significant additional investments required for Victory to launch new global platforms that meet changing consumer preferences, and considering the strong performance and growth potential of Indian Motorcycle, the decision to more narrowly focus Polaris’ energy and investments became quite clear.
“This decision will improve the profitability of Polaris and our global motorcycle business, and will materially improve our competitive stance in the industry,” said Scott Wine. “Our focus is on profitable growth, and in an environment of finite resources, this move allows us to optimize and align our resources behind both our premium, high performing Indian Motorcycle brand and our innovative Slingshot brand, enhancing our focus on accelerating the success of those brands. Ultimately this decision will propel the industry-leading product innovation that is core to our strategy while fostering long-term growth and increased shareholder value.”
Polaris will reduce the appropriate operating cost based on this decision, while continuing to support the future growth of the ongoing motorcycle business. Polaris remains committed to maintaining its presence in the Spirit Lake, Iowa community with Indian Motorcycle production and in the Huntsville, Alabama community with its Slingshot production.
Any one-time costs associated with supporting Victory dealers in selling their remaining inventory, the disposal of factory inventory, tooling, and other physical assets, and the cancellation of various supplier arrangements will be recorded in the 2017 income statement in respective sales, gross profit and operation expense. These costs will be excluded from Polaris’ provided 2017 sales and earnings guidance on a non-GAAP basis.
Polaris will release its fourth quarter and full-year 2016 financial results and provide 2017 guidance on Tuesday, January 24, 2017. A webcast and conference call will be held at 9:00 a.m. Central Time on January 24, 2017 to discuss the results. A slide presentation and link to the webcast will be posted on the Polaris Investor Relations website at ir.polaris.com. To listen to the conference call by phone, dial 877-706-7543 in the U.S. and Canada, or 478-219-0273 Internationally. The Conference ID is #45015597.
Victory Dealers Compete against each other in ‘Operation Octane’ Custon Build Contest
Continued sales volume growth for Motorcycles segment at BMW
Szoke looks to add to legacy in Mopar CSBK finale at CTMP
But at this weekend’s doubleheader final round of the Mopar Canadian Superbike Championship at Canadian Tire Motorsport Park Jordan Szoke will be bidding for his third perfect season, and second in succession, in addition to claiming an 11th Canadian Superbike title.
The 37-year-old racer from Lynden, Ont. went unbeaten for the first time in 2010 before running the table again in 2015, capping off his remarkable year with a doubleheader sweep at CTMP.
This season Szoke has victories in all five Mopar CSBK races aboard the Mopar Express Lane / Motovan / BMW Motorrad BMW S1000RR and enjoys a commanding 51-point lead, 268-217, over Kenny Riedmann heading into this weekend’s doubleheader.
A weekend sweep would not only assure Szoke of his third perfect campaign, but also give him 59 Canadian Superbike race wins and 14 at CTMP, both all-time records.
However, with two points paying races on tap this weekend and 50 points for a race win, it would not take much for Riedmann to turn the tables on the defending champion. The 24-year-old from Belfountain, Ont. has finished second to Szoke in each race this year and led most of the most recent round at Atlantic Motorsport Park.
The rider of the Sturgess Cycle / Liqui Moly / Joe Rocket Kawasaki ZX-10R Ninja came within a turn of ending Szoke’s perfect 2015 season at CTMP last year and will be looking to close the deal this time around.
Another rider capable of upsetting Szoke is top BCR Pro Rookie of the Year contender Ben Young. The 23-year-old from Collingwood, Ont. lies third in the point standings with 186 points on the Tim Horton’s / Scot-Build Developments / BMW Motorrad BMW S1000RR and has finished on the podium four times this year.
Also worth watching will be Warman, Sask.’s Bodhi Edie. The 20-year-old rider of the Trip-Dub Racing / Z1 Cycle Tech / Birkett Freight Solutions Yamaha YZF-R1 has been out of action most of the summer after a qualifying crash at Autodrome St-Eustache in June, but is due back at CTMP this weekend and scored his only career Canadian Superbike win on the high-speed 3.9km (2.459-mile) 10-turn track in 2013.
There is also a tight battle for fourth in the Mopar CSBK standings, with only 11 points separating the three contenders. Beaconsfield, Que.’s Michael Leon enjoyed a season-high fourth place finish at AMP on the Royal Distributing Race Team / BMW Motorrad / Pro 6 Cycle BMW S1000RR. Riding the MotoNation / Laval Moto Kawasaki ZX-10R Ninja, Mirabel, Que. rider Tremblay has a history of strong results at CTMP, while Mississauga, Ont.’s Daley had his most competitive weekend of the season at AMP with the OneSpeed Yamaha YZF-R1M.
A highlight of Friday’s action will be the debut of special Dunlop Qualifying Tires for the Dalton Timmis Insurance Pole Position Shootout, as riders make an assault on Brett McCormick’s five-year-old track record of one minute, 20.866 seconds.
In other doubleheader action at CTMP this weekend, Riedmann is in position to claim his third straight Liqui Moly Pro Sport Bike title on his Kawasaki ZX-6R. He comes into the two races with a massive 98-point lead, 220-122, over rookie Pro Alex Coelho of Brossard, Que. on the Black Sheep Racing / Liqui Moly / A.G. Graphique Kawasaki ZX-6R, while former two-time Superbike champion Michael Taylor of Toronto is just a further point back in third riding the Triumph Canada / GP Bikes / Goderich Toyota Triumph 675.
Last year’s co-winner of the BCR Pro Rookie of the Year Award Tomas Casas of Peterborough, Ont. has two podium finishes on the Peterborough Cycle Salvage / Parts Canada Yamaha YZF-R6.
Jean-Marc Bilger of Montreal comes to CTMP leading the Magneti Marelli Amateur Superbike class on his BMW S1000RR, while Ottawa’s Chris Brent tops the Shoei Premium Helmets Amateur Sport Bike class with a Honda CBR600RR.
In the closest points battle, Ile Perrot, Que.’s Eric Quintin enjoys a slender one-point advantage over Windsor, N.S. rider Brandon Pemberton in the Kawasaki Ninja 300 Spec National Series.
Competition begins on Friday with qualifying. Feature races in all five national classes will be held Saturday and Sunday.
For more information and to order tickets, call the Canadian Tire Motorsport Park Hotline at 1-800-866-1072 (Monday to Friday from 9 am to 5 pm ET), visit online at www.
2016 Point Standings
Mopar Pro Superbike: 1. Jordan Szoke (BMW) 268; 2. Kenny Riedmann (Kawasaki) 217; 3. Ben Young (BMW) 186; 4. Michael Leon (BMW) 149; 5. Sebastien Tremblay (Kawasaki), Trevor Daley (Yamaha) 138
Liqui Moly Pro Sport Bike: 1. Kenny Riedmann (Kawasaki) 220; 2. Alex Coelho (Kawasaki) 122; 3. Michael Taylor (Triumph) 121
Magneti Marelli Amateur Superbike: 1. Jean-Marc Bilger (BMW) 175; 2. Chris Brent (Honda) 142; 3. Jacob Shaw-O’Leary (Honda) 121
Shoei Premium Helmets Amateur Sport Bike: 1. Chris Brent (Honda) 188; 2. Jacob Shaw-O’Leary (Honda) 139; 3. Eric Richard (Honda) 99
Kawasaki Ninja 300 Spec National Series: 1. Eric Quintin (Kawasaki) 369; 2. Brandon Pemberton (Kawasaki) 368; 3. Jared Walker (Kawasaki) 293
Recent Canadian Tire Motorsport Park Superbike National Wins
2015 – Jordan Szoke (BMW S1000RR) / Jordan Szoke (BMW S1000RR)
2014 – Frank Trombino (Aprilia RSV1000) / Jodi Christie (Honda CBR1000RR)
2013 – Bodhi Edie (BMW S1000RR) / Alex Welsh (Suzuki GSX-R1000)
2012 – Kevin Lacombe (BMW S1000RR) / Alex Welsh (Suzuki GSX-R1000)
2011 – Brett McCormick (BMW S1000RR) / Jordan Szoke (Kawasaki ZX-10R)
Canadian Tire Motorsport Park Fast Facts
…The year-end payout for the four national classes at CTMP (excluding the Kawasaki Ninja 300 Series) will be a total of $64,000, 20 percent more than last season, with the biggest single payout going to the Mopar Pro Superbike champ at $10,000. The Kawasaki class is new this season.
…The only win for an Aprilia in CSBK competition came courtesy of Frank Trombino in a wet race one at CTMP in 2014. It was his third career victory at the track, after he had scored back-to-back wins on a Yamaha in 2000 and 2001. Ducati scored its sole CSBK feature success at CTMP in 1995, with Jeff Sneyd aboard.
…Jordan Szoke has swept the doubleheader at Canadian Tire Motorsport Park four times. Pascal Picotte of Granby, Que. also managed the feat, pulling it off twice.
Provisional Weekend Schedule
Friday, August 1912:45 p.m. – 1:10 p.m. Dalton Timmis Insurance Pro Superbike Elimination Qualifying
1:20 p.m. – 1:45 p.m. – Shoei Premium Helmets Amateur Sport Bike Qualifying
1:55 p.m. – 2:10 p.m. -- Dalton Timmis Insurance Pro Superbike Top 10 Qualifier
2:30 – 2:55 p.m. – Magneti Marelli Amateur Superbike Qualifying
3:35 p.m. – 4:00 p.m. – Liqui Moly Pro Sport Bike Qualifying
Saturday, August 2011:15 a.m. – 11:35 a.m. – Kawasaki Ninja 300 Spec Series Qualifying
1:00 p.m. – Liqui Moly Pro Sport Bike Race (14 laps)
Shoei Premium Helmets Amateur Sport Bike Race (12 laps)
Kawasaki Ninja 300 Spec Series Race (10 laps)
3:00 p.m. – Mopar Pro Superbike Race (20 laps)
Magneti Marelli Amateur Superbike Race (12 laps)
Sunday, August 211:00 p.m. – Liqui Moly Pro Sport Bike Race (14 laps)
Shoei Premium Helmets Amateur Sport Bike Race (12 laps)
Kawasaki Ninja 300 Spec Series Race (10 laps)
3:00 p.m. – Mopar Pro Superbike Race (20 laps)
Magneti Marelli Amateur Superbike Race (12 laps)
A Letter from David Hatch - Motorcycle Experience
A couple of brand new Honda’s (CB1100A and VFR1200X) were dropped off here recently and my buddy Gilbert and I couldn't resist going on a pre ride with both motorcycles over the long weekend.
A lot of folks have been asking me what I thought of the VFR1200X. Well, the big impression with this motorcycle, has got to be the terrific engine. Hands down. I mean, the V4 engine sounds great in this configuration (new cams and ECU programming) and the torque is terrific everywhere up and down the rev range. The fly by wire throttle delivers superb feel and the sound from the single pipe is sweet. The adjustable suspension pieces are a nice touch here and the handling is superb. Everything has been nicely calibrated to allow both single and two up riding. I really like how this bike handled. Linked anti lock braking is standard and totally up to the job while the crossed laced spoke wheels were perfect for the pavement. And they managed "ok” on the hard-packed dirt roads we explored. To make your touring life easier, the VFR1200X comes with a really nifty adjustable, on the fly, windscreen, heated grips, hand protectors, a hand 12 volt power socket for your GPS. You can also order the optional hard bag luggage system with internal liner bags. The system is top drawer, however there were a couple of minor gripes. The saddle was a bit of a let down - it’s been sculpted to allow for riders with a shorter inseam to be able to reach the ground. Great for shorter riders.. not so great for my glutes! After a couple of hours of riding, I found myself thinking that if I owned this motorcycle, I’d probably swap the saddle our for something with more cushion. The other tiny pet peeve? I don’t know if it’s my aging eyes, but I really found the instrument pod a tad lacking. Maybe it was because I was jumping back and forth with the CB1100A. A retro standard motorcycle with two great sweeping analogue gauges. I dunno. Not a huge deal. But I’d love to see a bigger info screen on this puppy. Overall though, I loved the VFR1200X. If you are looking for a bike that can pretty much take you anywhere as long as the road is mostly paved. A motorcycle with lots of room to stretch out and move around. A motorcycle with a great suspension set up that delivers great handling when the road turns twisty. If you like throaty, torque loaded engines with unique character that delivers plenty of power across the width of the power band, then this is the bike for you!
Also, don't forget that we will be once again throwing a party for fans of our TV show at the end of September and you are all invited to ride out and join in the celebration! That’s right, our Prince Edward County based motorcycle television show will play host on Saturday, September 24 at the Hillier Creek Estate Winery just south of Trenton, Ontario in the heart of the County’s wine region. As you know, our long running TV show, which is shot primarily in Prince Edward County has been on the air for over 27 years, and as the show's presenter, I’m looking forward to playing host down in the County from 8:30am to 3:30pm. Once again the Honda Canada demo ride crew will be on hand providing motorcycle demo rides and party favours. Plus this year I’m happy to announce that we’ve partnered up with the local, Eastern Shield chapter of the Canadian Vintage Motorcycle Group and they will be on hand with a large vintage motorcycle display.
Meanwhile in Episode 4, my riding buddy Norm Wells and I ride through the valley of fire east of Las Vegas, Nevada and wind up stealing home plate. Then during this weeks “Red Adventure”, former professional road racer turned expert enduro rider, Toni Sharpless looks at under armour. While on the subject of body protection, our resident riding Instructor Clinton Smout will stop by this week to discuss the riding shoulder seasons. Plus motorcycle journalist, Colin Fraser will roll up with some advice on shopping for a used set of wheels while looking back at a 2007 Harley-Davidson Night Rod.
Hope you like the show!
Keep your right hand cranked,
Banner year for BMW Motorrad in the works?
INDIAN MOTORCYCLE AND RACING LEGENDS UNVEIL NEW FTR750 FOR AMA FLAT TRACK COMPETITION
Personalize Your Bike With The New On-Line Scrambler Configurator
The new platform features Hi Def images, accessory kits, apparel, and the chance to receive feedback from a local Ducati Scrambler dealer
Possibility to personalize a Scrambler even via a mobile device
All of the configurator’s features are created with precision and originality.
Borgo Panigale, Bologna (Italy), July 21 2016 – The new Ducati Scrambler configurator is now live at: Configurator.scramblerducati.com. The platform allows for the personalization of all six versions at any time and even via a mobile device. From the Scrambler Icon, to the Sixty2. From the Urban Enduro, to the Full Throttle, the Classic and the Flack Track Pro, all of the bikes in the Scrambler range can be viewed and made even more unique and distinctive.
The Scrambler configurator is one of the many projects falling under the Ducati Brand Unit that promotes “self-expression”, the concept that characterises the Scrambler universe. All such projects are designed to give room to creativity, expanding the brand using unconventional and increasingly innovative channels.
In terms of motorcycle personalization, the new Ducati Scrambler configurator offers the possibility to choose from more than 60 accessories: original tank covers and three different Scrambler logos; Racing accessories to emphasise the bike’s sport spirit; six different seats; Enduro accessories for rugged protection when off-road; and much more. All of the images available in the configurator are provided in High Definition, ensuring true to life representation.
The platform offers eleven views of the bike, including side, three-quarter, rear, front, from above and from the riding position. Even the setting can be personalized. The Ducati Scrambler configurator can also be used to choose trendy and practical apparel from the latest collection dedicated to the brand. In order to ensure safety, comfort and style, Scrambler apparel include jackets, trousers, gloves, footwear, t-shirts, glasses and even helmets and goggles, all useful and fun.
There is also the ‘Hop on your motorbike’ option, an additional function that lets the customer share a configuration with his/her closest Ducati Scrambler dealer and receive useful feedback in real time. The configurator also allows for via social media sharing.
“Thanks to the new Scrambler configurator, we create the perfect bike for our fans, in a quick and simple way”, comments Piergiorgio Grossi, Ducati Information Technology & Digital Transformation Director. “In addition, we provide them with many useful options so that they can enjoy an experience that is not just about bikes, accessories and clothing, but also instils the sense of belonging to a large Community. This is one of the first steps of Digital Transformation to be implemented by Ducati and results are proving to be significant and competitive. We would like a Ducatista to be a Ducatista not only when riding but everywhere, at all times, and this becomes possible when the Ducati experience also incorporates all the new digital tools”.
Claudio De Angeli, Scrambler Ducati Brand Unit manager, confirms this. “I’m proud that this digital evolution beginning with the Scrambler brand that has always considered viral, informal communication to be one of its strengths. It was no coincidence that in 2014 we chose to focus on digital channels when launching the new Scrambler concept. That was the starting point and today we have an extensive Community through our Instagram, Twitter, Facebook and Vimeo pages and via our site. In addition, in the last few days, we’ve also opened a YouTube channel and launched the first Scrambler app dedicated to street food, The Taste of Joy*”.
To follow Scrambler Ducati activities on social networks, click on twitter.com/scramblerducati, facebook.com/scramblerducati, instagram.com/scramblerducati andyoutube.com/c/scramblerducati-official.
* Available for iOS, soon available for Android devices. Tasteofjoy.scramblerducati.com/
Dunlop announces 'Q' Tire for Mopar CSBK at Canadian Tire Motorsport Park
The special Dunlop Qualifying tires will be recognizable to fans by their sidewalls decorated with a broad yellow stripe.
“It’s been five years since we last used Q tires in the Series,” explained CSBK Series Technical Boss Fred Benjamin. “We have slightly tweaked the August 19schedule to make it easier for the top Pros to get set for the final 15-minute SuperPole session. In the second session for Dalton Timmis Insurance Pole, our top guns will have an added advantage around CTMP.”
At 2016 CSBK rounds, the Dalton Timmis Insurance SuperPole session establishes the top 10 positions on the starting grid for Saturday and Sunday’s Feature races, as well as awarding $2,000 in prize money to the top five and a Rockwell watch to the winner of DTI Pole Position.
Qualifying and each Pro Superbike race are covered in a 30-minute segment, broadcast on TSN.
“There is certainly an art, or a skill set, to getting the most out of a Qualifying tire,” explained Sandy Noce, owner of Dunlop Canadian National race tire distributor Pro 6. “You only get one or two laps at the most that provide the best from that ‘Q’ tire, but those laps could be as much as a second faster than what a good rider can achieve with a regular race tire.”
In 2015, pole position for the Pro Superbike races at CTMP was taken by the Hindle Yamaha YZF-R1 of Alex Welsh of Uxbridge, Ont. Welsh turned a best ‘Q’ lap of 1:21.852 around the 4.03km-long, 10-turn, formerly-known-as-Mosport venue.
In the 2015 races, double winner Jordan Szoke of Lynden, Ont. set the fastest race time with his 2015 title-winning Express Lanes/Motovan BMW S1000RR. In Sunday’s second Pro Superbike round of the CTMP event, Szoke turned a fastest lap at 1:21.677 on his way to a perfect, seven-victory season.
Michael Martin. 25 years of adventure travels on the BMW GS
Michael Martin has been travelling to the most distant corners of the earth for more than 30 years now and has become the world’s most renowned desert photographer. It was 25 years ago that the qualified geographer chose the motorcycle as his preferred expedition vehicle, actually a BMW R 100 GS, on which he undertook the Transafrica trip from Kenya to Cape Town.
BMW Motorcycles selling well
The Motorcycles segment continues to perform well. At 46,966 units, second-quarter sales of BMW motorcycles and maxi-scooters worldwide remained at the previous year’s high level (47,048 units; -0.2%). Segment revenues totalled € 617 million in the second quarter, similar to one year earlier (2015: € 622 million; - 0.8%). Earnings, however, were down on the previous year, due to starting a number of projects which support the implementation of the Motorcycles segment’s new strategy. EBIT amounted to € 98 million (2015: € 112 million; -12.5%), while profit before tax finished at € 97 million (2015: € 112 million; -13.4%).
For the first time in the first half of a year, more than 80,000 motorcycles and maxi-scooters were delivered to customers during the first half of 2016. Sales volume during the period from January to June increased by 3.0% to 80,754 units (2015: 78,418 units) – the fourth successive record figure for the first half of a year. At € 1,199 million, segment revenues were at a similar level to the previous year (2015: € 1,189 million: +0.8%). EBIT amounted to € 192 million (2015: € 227 million; -15.4%), while profit before tax finished at € 191 million (2015: € 226 million; -15.5%). The Motorcycles segment’s sales volume performance is expected to improve further during the second half of the year thanks to its attractive and young model range. For the full year, a solid (previously: slight) increase in retail sales is expected.