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Yamaha Reports Q2 2012 Results

Yamaha has lowered its 2012 year-end sales forecast by 14.3% after reporting disappointing first half results. The Japanese manufacturer reported a profit of 14.5 billion yen (US$184.3 million), a 49.8% decrease from a profit of 29 billion yen reported in the first half of 2011. According to the company’s financial report for the quarter ended June 30, 2012, Yamaha‘s net sales totaled 632.2 billion yen (US$8.04 billion), a 4.6% decrease from net sales of 663.1 billion yen reported in the same quarter of 2011.

AMA Superbike Racer Larry Pegram To Race On Four Wheels This Weekend

Foremost Insurance/Pegram Racing SuperBike rider Larry Pegram will be back in racing action this weekend but, instead of being aboard his familiar #72 Yamaha YZF-R1 SuperBike, Larry will be behind the wheel of a PRO Buggy sponsored by RealTree Outdoor Energy Drink. The PRO Buggy class features rear-engine, rear-wheel-drive, purpose-built racing buggies with lots of suspension travel and lots of horsepower. Pegram is no stranger to car racing, having done a few road racing events last year, but he’s excited about the opportunity to kick up some mud this weekend at RedBud MX in Buchanan, MI, as part of The Off-Road Championship (TORC) series.

Yamaha Gets Monster Energy MotoGP Team Sponsorship, Annuls Lorenzo’s RockStar Sponsorship Deal

Yamaha has reportedly signed energy drink maker Monster Energy to sponsor its factory MotoGP team, according to Spanish site MotoCuatro.com. The new sponsorship deal created a bit of a problem however, as Yamaha‘s star rider Jorge Lorenzo recently signed a two-year contact extension to his personal sponsorship deal with RockStar, a rival energy drink maker. To get around this sticky situation, MotoCuatro reports Yamaha will invoke a clause in Lorenzo’s contract allowing the manufacturer to veto and buy out his RockStar contract.