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Harley-Davidson Sells Test Track to Chrysler

Harley-Davidson has sold its 531-acre private test track in Florida to the Chrysler Group for $7 million. The property, located off of Interstate 75 in Naples, Fla., includes six miles of track including a 2.1-mile straightaway and several buildings. The track was originally built for Ford, with construction completed in 1992.

Harley-Davidson Delivers Strong Growth For Fourth Quarter And For Full Year

Harley-Davidson released today its fourth quarter financial statements, revealing the company’s fourth-quarter income from continuing operations was $70.6 million on consolidated revenue of $1.17 billion, compared to 2011 income from continuing operations of $54.6 million on consolidated revenue of $1.18 billion. Fourth-quarter 2012 earnings per share were $0.31, up 29.2% compared to EPS of $0.24 in the year-ago quarter. For the full year, Harley-Davidson income from continuing operations was $623.9 million on consolidated revenue of $5.58 billion, compared to full-year 2011 income from continuing operations of $548.1 million on consolidated revenue of $5.31 billion.

AMA Pro Racing Announces Basic Twins Flat Track Class for 2014 Season

AMA Pro Racing announced a new class for Flat Track racing designed to provide a new stepping stone for up-and-coming Pro-licensed racers, replacing the Pro Singles class in 2014. The new class, to be called Basic Twins, is more or less a revival of the Basic Expert Twins division that ran during the 2007 and 2008 seasons, but dropped when the Pro Singles class was introduced for 2009. The new class will give young racers a chance to showcase their skills on Twins, easing their transition to eventually enter the Grand National Expert Twins class.