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Pikes Peak 87th Annual International Hill Climb [pics and video]

Named after a man by the name of Zebulon Pike, an explorer who led an expedition to the area in 1806, Pikes Peak is home to the second oldest motorsports race in America second only to the Indianapolis 500. First completed in 1916, this year marks the 87th running of the “Race to the Clouds.” If the math doesn’t add up, this is because there were several years that the event did not run over the course of its 93 year history. The 12.4 mile trek up the mountain consists of 156 treacherous turns to an elevation of 14,110 feet.

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.

Yamaha Reports 2013 Sales Results

Yamaha reported a 1.2% decrease in motorcycle sales in 2013 but managed to increase its net sales revenue by 16.2%, thanks in large part to the depreciation of the Japanese yen. According to the company’s 2013 fiscal report, Yamaha sold 6,014,000 motorcycles last year, down slightly from 6,090,000 sold in 2012. The good news however, is most of the sales decrease was limited to Thailand and Vietnam where the economy worsened in 2013, while Yamaha’s sales increased in nearly all other markets.