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BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.

Motorcycles at the 2009 Frankfurt Auto Show

Two weeks ago, I took a break from my regular duties gathering news for Motorcycle.com to fly to Germany to cover the 2009 Frankfurt Auto Show for our sister site AutoGuide.com. For two hectic days, AutoGuide editor Colum Wood and I scrambled across the massive 6.2 million square foot Messe Frankfurt trade fair compound, running from press conference to press conference to get the latest on exotic sport cars, futuristic concept models and international unveilings from the automotive world. It was heaven for car lovers, but for me, it meant fighting my way through hordes of photogs, auto-journalists and car show models to get the first photos of four-wheeled goodies from MINI, Ferrari and Lotus.

Can-Am Spyder Hybrid Roadster Development Update [Video]

It’s been about a year since Bombardier Recreational Products announced it was developing a hybrid version of the Can-Am Spyder Roadster. Developed in partnership with the Advanced Technology Center at Sherbrooke University in Quebec and with funding from the Government of Canada, the hybrid Spyder is an ambitious project for BRP. We met up with Scott MacWilliam from BRP at the Toronto Motorcycle Show to take a look at a working prototype of the Can-Am’s hybrid three-wheeler.