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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 U.S. Increasing Club Level Road Racing Contingency

The state of road racing in America is hurting, there’s no doubt about that. But at least Yamaha is stepping up to the plate and increasing its contingency program for club level road racers 50% over last year. According to Yamaha, the program is designed to encompass a broad spectrum of road racing series across the U.S., from numerous club-level and regional sprint series events to the AMA Pro Road Racing series, including the addition of the ASRA Team Challenge Endurance Series.

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.