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General Motors Dumps Suzuki

The rumors had been flying. Speculation swirled but many didn’t think it would actually happen. It was recently confirmed that the breakup is in fact official.

Capirossi Announces Retirement at Conclusion of 2011 Season

Loris Capirossi announced he will retire at the end of the 2011 MotoGP season, closing off a quarter century of racing including 22 years at the Grand Prix level and three World Championships. “It’s an important moment in my career, and the decision I made has come about after a lot of reflection,” says Capriossi. “I’m happy that after 25 years, of which 22 were in the world championship, I’m at a point where I can still have a smile on my lips as I part ways, even if it’s difficult to think that I won’t be riding a bike next year.” The announcement was made during a press conference at Misano for the upcoming San Marino Grand Prix, the final Italian stop of the 2011 season.

Suzuki Reports 2011-2012 Results

Suzuki declared a loss of 2.4 billion yen (US$30.0 million) from its motorcycle division over the fiscal year ended March 31, 2012. Though still a loss, it’s an improvement on the loss of 10.8 billion yen reported the previous year. Suzuki attributes the loss to an appreciating yen and the financial impact from heavy flooding in Thailand.