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AMA to Combine Daytona Sportbike and Supersport Classes in 2015

AMA Pro Racing announced plans to combine its Daytona Sportbike and Supersport classes into a single category by the 2015 season. The two classes currently share many similarities including engine displacement regulations, minimum weight limits and eligible machines. The Supersport class has more restrictions on modifications and are limited to a maximum top speed of 165 mph while Daytona Sportbike machines are allowed to reach speeds up to 170 mph.

Triumph Reports 2011 Financial results

Triumph reported a 7% increase in unit sales and a 47.8% increase in operating profit for the fiscal year ended June 30, 2011. According to Triumph, the British manufacturer sold 48,684 units over the year, a 7% increase from the 45,501 units sold the previous year. Operating income totaled 22.3 million pounds (US$35.0 million), a large jump from the operating income of 15.1 million pounds (US$23.7 million) reported last year thanks to a more efficient use of working capital and reduced costs.

India Raises Import Duty on Motorcycles to 75%

The government of India has laid out its budget for 2013-2014, increasing the import duty for large motorcycles. The news will impact several major manufacturers hoping to gain a stake in the world’s second largest motorcycle market. India has become the hotspot for manufacturers but one of the biggest obstacles they face is the duty India levies on luxury goods.