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Colin Edwards Joins Forward Racing CRT Squad for 2012

Colin Edwards will join the Forward Racing team to compete in the 2012 MotoGP season as a Claiming Rule Team entry. Edwards, known as a good development rider and an even better quote machine, is the first rider to officially sign on with a CRT. Forward Racing may be more familiar to some race fans by its former name, Hayate Racing, the outfit that ran the Kawasaki ZX-RR with Marco Melandri in 2009 after Kawasaki pulled out of MotoGP racing.

Yamaha to Open Plant in Pakistan

Yamaha is reportedly planning to open a new manufacturing facility in Pakistan. According to the Associated Press of Pakistan, Yamaha would invest $150 million in the new 50 acre facility, to be located in Karachi, Pakistan’s main seaport and financial hub. The plant would produce motorcycles for the Pakistani market, as well as models to be exported to other Commonwealth of Independent States nations.

The Pursuit of Yamaha-ness – A Message from Yamaha’s CEO

Yamaha must “pursue true Yamaha-ness and break out of our old norms” if it hopes to increase profitability, says Hiroyuki Yanagi, the company’s president and chief executive officer. In an open letter released by Yamaha, Yanagi discussed what his company needed to do in order to reach its goal of producing 12 million units this year and collecting 2 trillion yen (US$22.5 billion) in sales. Yanagi’s message offered little in specific details but provided a glimpse of Yamaha’s overall strategy for the next few years.