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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 to Trim US Powersports Dealership Network

When American Suzuki announced it was shutting down its automobile business, the company said it intended to focus on its powersports operations. It comes as a surprise then to some dealers that Suzuki is not renewing all of its dealership agreements. According to DealerNews, dealerships received letters this week from American Suzuki notifying them whether their franchise agreements would be renewed with the newly formed Suzuki Motor America.

Suzuki Reports Q1 2013-2014 Results

Suzuki reported an 18.5% increase in net sales from its motorcycle business in its first quarter ended June 30, 2013. Suzuki reports sales of 70.5 billion yen (US$710.1 million) from its motorcycle business, an increase from 59.5 billion yen reported in the same quarter last year. Unfortunately, despite increasing revenue, Suzuki’s motorcycle operations still remains in the red, operating at a loss of 2.7 billion yen (US$27.2 million) compared to a loss of 3.5 billion yen in the first quarter last year.