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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.

Customize Your Yamaha, Win Cash, Prizes, MotoGP Tickets

Yamaha is once again hosting a custom sportbike competition for both amateur and professional builders. Up for grabs are MotoGP tickets, cash, trophies and bragging rights. For amateur builders the competition begins in the digital world by submitting your entry at yamaha-motor.com/customshowdown.

One and Done: Daytona 200 Winning Project 1 Atlanta Folds

Apparently winning isn’t enough to pay the bills any more, not even if the victory comes at the storied Daytona 200. The 2012 Daytona 200-winning Project 1 Atlanta team has folded after unable to secure funding for the rest of the season. Project 1 Atlanta, and racer Joey Pascarella, stunned AMA Pro Racing fans with a Cinderella story victory at the Daytona 200.