Posts Tagged ‘Harley-Davidson’
Third-Quarter profits fall 27 percent
Harley-Davidson, Inc. (HOG) reported earnings per share of $0.59 for the third quarter of 2012, in line with Company expectations. Earnings were lower than the year-ago period due to a previously announced plan for lower third-quarter motorcycle shipments during the launch of an ERP production system at the Company's largest assembly plant. For the full year 2012, Harley-Davidson continues to forecast a five-to seven-percent increase in motorcycle shipments compared to 2011.
Third-quarter income from continuing operations was $134.0 million on consolidated revenue of $1.25 billion, compared to income from continuing operations of $183.6 million, or $0.78 per share, on consolidated revenue of $1.40 billion in the year-ago quarter.
Through nine months, Harley-Davidson income from continuing operations increased 12.1 percent year-over-year to $553.3 million, or $2.40 per share, on consolidated revenue of $4.41 billion, compared to income from continuing operations of $493.4 million, or $2.09 per share, on consolidated revenue of $4.13 billion in the year-ago period.
Harley-Davidson® Screamin’ Eagle®/Vance & Hines rider Ed Krawiec widened his Pro Stock Motorcycle points lead with his seventh win of the season, defeating his teammate Andrew Hines in the final round of the AAA Insurance NHRA Midwest Nationals at Gateway Motorsports Park. It was the fifth all-Harley final of the season, and Krawiec won for the fourth time when Hines left the starting line early.
The result puts the Harley-Davidson team back on track after its 13-racing winning streak was snapped last weekend in Charlotte, where both Hines and Krawiec lost in the semi-final round.
“Our team focus is back on winning races, rather than on the winning streak,” said Krawiec, the defending NHRA Pro Stock Motorcycle champion, who debuted a Hard Candy Pink Flake paint scheme and leathers at Gateway that he will run during the next two races in October in support of Breast Cancer Awareness Month.
“The Screamin’ Eagle team really had to work hard with my Harley-Davidson® V-Rod® all weekend after we had transmission trouble in the fourth round of qualifying. The transmission skipped a gear again in the first round today and we would have lost if my opponent had not fouled. The third engine of the weekend got me to the finals.”
Krawiec now holds a 33-point lead over Hines after three of six races in the Full Throttle Countdown to the Championship playoffs.
Krawiec qualified third for the event with an Elapsed Time of 6.839 seconds. Hines qualified fourth at 6.862. Lucas Oil Buell rider Hector Arana Jr. set a new track record of 6.809 seconds to lead all qualifiers.
On a day when red-light fouls for leaving the starting line early would decide eight of 15 races, Krawiec opened Sunday eliminations with red-light wins over the Steve Johnson Racing Suzuki and Kuryakyn Buell rider Chip Ellis. Hines defeated Suzuki Extended Protection rider Jim Underdahl in round one, and advanced on a red light by Geico Suzuki rider Karen Stoffer in round two.
That set up a semi-final showdown between the two Harley-Davidson riders and the Lucas Oil Buell team of Arana Jr. and Hector Arana Sr., third and fourth in points, respectively, behind Krawiec and Hines. Hines won with an ET of 6.874 to the 7.013 of Arana Jr., while Krawiec defeated Arana Sr. 6.852 to 6.892.
In the final, Hines left the line 0.036 seconds early to hand the automatic win to Krawiec.
“We both knew we’d need to go for it on the tree, and I had a 0.006, which is cutting it close,” said Krawiec, who now has 18 career victories. “Beating both of the Aranas in the semi-final really helps our points situation, but I think the top four riders are still within range. If one of us lost in the first round and they won, it would be really tight again. There are still three races left. If I have this cushion after Reading next week, I’ll be happy.”
Hines also used three different engines during the weekend.
“I lost an engine in the second round of qualifying, and we were behind the eight ball on our tune up all weekend,” said Hines. “We still need to get a little more performance out of my V-Rod, but it was a good effort to get both Screamin’ Eagle bikes in the final. In the final I was trying to get a little clever at the line and had some brain fade and blew the light. Next time I’m against Ed I’ll just line up and race.”
Krawiec leads all Pro Stock Motorcycle riders with 2415 points. Hines is second with 2382 points. Arana Jr. is third and 109 points behind Krawiec with 2306 points. Arana Sr. is 148 points back with 2267, and Stoffer is in fifth place with 2229 points.
The Pro Stock Motorcycles will be back in action Oct. 4-7 at the 28th annual Auto-Plus NHRA Nationals at Maple Grove Raceway near Reading, Pa.
Harley-Davidson® Screamin’ Eagle® Factory Team rider Kenny Coolbeth placed eighth in the AMA Pro Harley-Davidson Insurance Grand National Championship race on the Santa Rosa Mile at the Sonoma County Fairgrounds. The race was won by South East Harley-Davidson rider Sammy Halbert on a Harley-Davidson® XR750 motorcycle.
Halbert was the fastest qualifier for the 25-lap main, but it was Crosley Radio Kawasaki rider Bryan Smith who took the lead on the opening lap and appeared headed for a run-away victory after stretching his advantage to 4.9-seconds over Halbert on lap 14. But a few laps later, Smith began to falter as track conditions changed, and Halbert and Rogers Racing/Blue Springs Harley-Davidson rider Jared Mees reeled him in. Halbert passed for the lead on lap 20, and Mees got by Smith on lap 21. Mees and Halbert battled in the closing laps, with Halbert finally winning by 0.874 seconds. Smith held off Zanotti Racing/Schaeffer`s Harley-Davison rider Jake Johnson to salvage a third-place spot on the podium, 3.726 seconds behind Halbert. Eaken Racing rider Robert Pearson was fifth on a Harley-Davidson. Coolbeth opened the race in 12th place, and moved up to eighth on lap 16.
“I spun out on the start and ended up way back on the first lap,” said Coolbeth. “The track was a little rough and very dusty, so we could hardly see on the straights, and it was really tough to pass. This was not a typical mile track.”
Halbert also won the four-lap Dash for Cash sprint bonus race.
After 14 of 16 AMA Grand National events, Mees leads the series with 262 points. Halbert moves past Johnson into second place with 248 points. Johnson is third with 246 points, followed by Smith with 193 points. Coolbeth is in eighth place with 124 points.
The Grand National Twins will next race on October 6 on the Tucson International Raceway half-mile in Tucson, Arizona.
Harley-Davidson® Screamin’ Eagle®/Vance & Hines rider Ed Krawiec leads the Pro Stock Motorcycle points standings after advancing to the semi-final round of eliminations at the AAA Texas NHRA Fall Nationals at the Texas Motorplex, the second event in the six-race Full Throttle Countdown to the Championship playoffs. Krawiec has an 11-point lead over his teammate, Andrew Hines, who also advanced to the semi-finals at theTexas event. Michael Ray defeated Karen Stoffer in the final, the first of the season not to feature at least one of the Harley-Davidson Screamin’ Eagle riders, as the team’s winning streak came to end after 13 consecutive NHRA events dating back to 2011.
“It’s been almost a calendar year since there wasn’t a Harley-Davidson® V-Rod® rider on the winner’s podium,” said Hines. “We can look back on this streak with pride. We may never do it again, but it’s a string of success we will always remember.”
Krawiec (6.887 seconds) and Hines (6.892 seconds), racing Harley-Davidson® V-Rod® motorcycles finished in dazzling metalflake Hard Candy paint, qualified third and fourth, respectively, for the event. Lucas Oil Buell rider Hector Arana Jr. paced all qualifiers with an Elapsed Time of 6.852 seconds.
Hines defeated the Steve Johnson Suzuki and MB Precision/LAT Racing Oil Buell rider Mike Berry in the first two rounds of Sunday eliminations before losing to Ray on the Viper Motorcycle Company Buell in the third round.
Krawiec got wins over PiranaZ Racing Buell rider Shawn Gann and ZLOOP Suzuki rider LE Tonglet in the first two rounds, and then lost to Geico Suzuki rider Stoffer on a holeshot in the third round.
“Both of our V-Rods really fell off in performance between the second and third rounds,” said Krawiec. “We’ve had that happen at this track in the past, as the temperature goes up and the track surface starts to get a little greasy. I’m not sure why. We knew the win streak would end eventually. It’s more important that we gained points on our two closest rivals in the Countdown.”
As a result of bonus points earned during qualifying, Krawiec gained a single point on Hines over the weekend, and is now up by 11 with 2295 points. Hines is second with 2284 points. Hector Arana Jr., who lost on a red light in the second round at Texas, is third with 2216 points and drops from 64 to 79 points behind Krawiec. Ray, who won the first National event of his career atTexas, jumps to fourth place with 2187 points. Lucas Oil Buell rider Hector Arana Sr., who broke at the starting line in the first round, drops to fifth place with 2185 points. Stoffer is sixth with 2175 points.
The Pro Stock Motorcycles will be back in action September 28-30 at the AAA Insurance NHRA Midwest Nationals at Gateway Motorsports Park in Madison, Ill.
KLR Group/Spyke’s Harley-Davidson rider Michael Barnes won his second AMA Pro Vance & Hines XR1200 series race of the season Sunday at Homestead-Miami Speedway, a day after his teammate Kyle Wyman’s season come to a disappointing end after a qualifying crash.
Barnes battled polesitter Tyler O’Hara (Bartels’ H-D/Scrubblade) and Travis Wyman (Harv’s Harley-Davidson), who rounded out the podium spots, along with Suburban Motors H-D’s Benjamin Carlson and MOB Racing’s Jake Holden throughout the 11-lap contest. After leading the third and fourth laps of the race, Barnes fell back to third behind O’Hara and Wyman, who traded the lead for the next several laps. But on lap ten, Barnes picked off Wyman for second, setting up a decisive move for the lead and eventual win on the final lap, when he passed O’Hara on the back straight. With yellow flags out for a crashed rider on the last lap, Barnes was able to hold that lead through the final few corners and fend off O’Hara’s late draft-pass attempt at the start/finish line by 0.132 second.
“It’s been a real emotional rollercoaster weekend with Kyle getting hurt yesterday,” Barnes said. “It affected the whole team but it made us dig that much deeper, and I know Travis was digging deeper for his brother out there too. He was riding hard. It was hard to out-brake him, but I needed to get by Travis in order to get by Tyler. I dug deep for that one.”
On Saturday, XR Showdown contender Kyle Wyman (KLR Group/ Spyke’s Harley-Davidson) high-sided in damp track conditions during qualifying and was air-lifted to a local hospital for observation. Wyman was released later that evening and returned to the track to root for his teammate Barnes on Sunday, but decided to call an end to his season to recuperate after several hard crashes in recent races.
With Wyman out of contention, the fight for the XR Showdown title will likely come down to a battle between Barnes, O’Hara, and Carlson, who are separated by eight points with one race remaining in the series.
The AMA Pro Vance & Hines XR1200 series concludes October 6-7 at NOLA MotorsportsPark in New Orleans, La.
Homestead-Miami Race Result:
1. Michael Barnes (KLR Group/Spyke’s H-D), 11 laps
2. Tyler O’Hara (Bartels’ H-D/Scrubblade), +0.132 second
3. Travis Wyman (Harv’s H-D), +0.515 second
4. Benjamin Carlson (Suburban Motors H-D), +1.843 seconds
5. Michael Corbino (XP Motorsports/Rossiter’s H-D), +14.014 seconds
6. Shane Narbonne (MOB Racing/Teterboro Rams LLC), +25.216 seconds
7. David Estok (Ruthless Racing/Deeley H-D Racing), +32.734 seconds
8. Barrett Long (Longevity Racing), +53.345
9. Josh Chisum (Bartels’ H-D/Scrubblade), +53.350 seconds
10. Eric Haugo (MOB Racing/Teterboro Rams LLC), +1:20.960
11. Jake Holden (MOB Racing/Teterboro Rams LLC), 10 laps, mechanical
12. Ray Delaney (Fury Offshore Racing Team), +1:26.767
13. Gerry Signorelli (Kuryakyn), +39.124 seconds, 9 laps
14. Kyle Wyman (KLR Group/Spyke’s H-D), DNS
XR1200 Showdown Points Standings
1. Michael Barnes, 1,090
2. Tyler O’Hara, 1,088
3. Benjamin Carlson, 1,082
4. Michael Corbino, 1,064
5. Kyle Wyman, 1,062
6. Travis Wyman, 1,062
7. David Estok, 1,049
8. Josh Chisum, 1,042
9. Gerry Signorelli, 1,018
10. Darren James, 1,000
The Harley-Davidson® Screamin’ Eagle®/Vance & Hines drag racing team will bring extra style to the starting line at the Mac Tools NHRA U.S. Nationals on Labor Day weekend when riders Andrew Hines and Ed Krawiec debut Harley-Davidson® V-Rod® Pro Stock motorcycles with Hard Candy Custom™ paint schemes.
Just launched for the 2013 motorcycle model year, the Hard Candy Custom movement embraces a trend that’s reemerged from garages around the globe; dazzling metal flake paint, brilliant chrome, and styling details in accessories, gear and apparel that are simultaneously current and nostalgic. Hard Candy Custom elements include the “big flake” paint finishes that will adorn the Screamin’ Eagle V-Rod drag bikes at the U.S. Nationals; Hard Candy Lucky Green Flake will appear on the bike raced by Hines through the end of the 2012 season, while Krawiec will race at Indy on a V-Rod sprayed with Hard Candy Purple Flake. During the month of October, Krawiec will display the team’s support of breast cancer awareness month by racing in a special Hard Candy Pink Flake color. Krawiec will then close out the season on a bike painted with Hard Candy Purple Flake paint.
“Hard Candy Custom is old-school cool,” said Harley-Davidson Racing Manager Kris Schoonover. “Fans who have been following the NHRA for a long time might even remember when colors like these with the sparkle of metal flake were first popular in the early 1970s. It’s a look that young customizers have rediscovered, and it’s going to be fun to take a break from our traditional black, silver and orange for awhile and race in these dramatic colors that we have just introduced on some of our new motorcycles.”
The Harley-Davidson® Screamin’ Eagle®/Vance & Hines team arrives at Indy leading the NHRA Pro Stock Motorcycle division, with Krawiec and Hines first and second in points respectively. The team is undefeated in nine events in 2012, and has a winning streak of 11 races dating back to 2011. Krawiec, the defending Pro Stock Motorcycle champion, has won in the finals six times, including the last three events in a row. Hines has won three times, but the team is looking for its first win at Indy since 1999.
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The Sturgis Buffalo Chip® is proud to announce they have entered into a partnership with one of the most influential brands in the world, Red Bull. The partnership will see Red Bull Energy Drink as a sponsor of the Buffalo Chip’s® Largest Music Festival in Motorcycling™ that takes place over 9 straight days, featuring the biggest names in music during the famed Sturgis Motorcycle Rally August 3 – 12, 2012. Passes are available for the legendary Sturgis Buffalo Chip® camp resort and music festival at www.BuffaloChip.com.
“Red Bull is on the cutting edge and the Buffalo Chip is right there with them.” states Rod Woodruff, president of the Sturgis Buffalo Chip. “The Chip thrives on an exciting consumer experience and this partnership will only add to that momentum. We are very excited to include Red Bull in the Buffalo Chip family.”
The Sturgis Buffalo Chip® is set on 580 pristine acres and offers premier camping amenities including hot showers, swimming beach and a diverse selection of food and beverage as well as cabin and RV rentals. With hundreds of performances on 5 stages, The Chip is known as The Best Party Anywhere™. The Largest Music Festival in Motorcycling™ will once again take place at the Buffalo Chip with a growing list of world class bands including Eric Church, Lynyrd Skynyrd, Zac Brown Band, Journey, Candlebox, Sugarland, Boston, Buckcherry, Saving Abel, Finding Clyde, Loverboy, Adelitas Way and many more set to take over the Wolfman Jack Main Stage in the Buffalo Chip’s famous natural amphitheater.
In addition to world-class concerts from some of the biggest names in music, campers and rally goers will enjoy a near endless list of attractions and activities such as zip lines, world record motorcycle stunt attempts, art exhibitions, the Field of Flags Experience, the world’s largest V-twin motor sculpture, roller derby bouts, professional wrestling, the new Sturgis Rider Cafe and the free to the public CrossRoads development.
The Sturgis Buffalo Chip’s annual celebration of music, motorcycles, freedom and camaraderie is slated for August 3-12 as the major destination for those attending the 2012 Sturgis Motorcycle Rally. For more information on The Largest Music Festival in Motorcycling™, click on www.BuffaloChip.com or call (605) 347-9000.
Harley-Davidson® Screamin’ Eagle®/Vance & Hines rider Ed Krawiec rode a Harley-Davidson® V-Rod® motorcycle to an emotional Pro Stock Motorcycle class win at the 43rd annual Toyota NHRA SuperNationals at Old Bridge Township Raceway Park. A native of the area and the former manager of the racetrack, Krawiec had never scored a Pro Stock win at the venerable New Jersey drag strip.
“This is the biggest win of my career,” said Krawiec, the reigning Pro Stock Motorcycle world champion. “This is my home track. I’ve got hundreds, or maybe thousands of family, friends and supporters here watching. I lost here in the finals in 2009 and the team has not won here since 2004, and I was afraid I’d never get another chance, so this is really sweet.”
Krawiec has won three of four events in 2012, and the Harley-Davidson® Screamin’ Eagle®/Vance & Hines team is undefeated on the season, as Screamin’ Eagle rider Andrew Hines got a win the one time Krawiec did not make the final.
As if he needed icing on the cake, Krawiec also twice set a new Elapsed Time track record in Friday qualifying, running a 6.794-second Elapsed Time in the first round and besting that mark with a 6.782-second blast in the second round. Hines qualified the team’s other Harley-Davidson V-Rod in sixth position at 6.874 seconds.
In Sunday eliminations, Hines beat Geico Suzuki rider Karen Stoffer in the first round, and then lost to Lucas Oil Buell rider Hector Arana Jr. in round two, running 6.934 seconds to 6.858 for Arana Jr.
“Something happened to my bike in the second round of qualifying, and we were never able to get the performance back,” said Hines. “It stopped responding to changes in the tune-up, so we’ll tear it down when we get back to the shop and see what happened.”
Krawiec opened eliminations with a free pass when Joe DeSatis fouled at the start on his Suzuki. Krawiec then bumped off two former class world champions, beating Matt Smith Racing Buell rider Matt Smith in round two and advancing in round three when GT Racing Suzuki rider LE Tonglet fouled. That set up a final-round match with Lucas Oil Buell rider Hector Arana Sr., the number-two qualifier who had one of the quickest bikes in the field on Sunday but who also had a series of late reaction times at the start that resulted in very close wins. In the final, however, Arana left 0.052 seconds early to hand Krawiec the 14th win of his career.
“The weather changed a little today and we lost some of our tune-up, while the Aranas seemed to really get a handle on their tune-up” said Krawiec. “When you don’t have the quickest bike, it’s time to be a good rider and not make mistakes. When I lost the final here to Craig Treble I thought I had a better bike and held back at the start. I was not going to let that happen again.”
With three wins in four events, Krawiec now has 466 points and a 141-point lead in the 2012 Pro Stock Motorcycle standings. Hines remains in second place with 325 points. Arana Jr., who lost to his father in the semi-finals, is third with 301 points, followed by Hector Arana Sr. with 293 points and GottSpeed Racing Buell rider Michael Ray with 235 points.
The Pro Stock Motorcycles will next race on June 28 – July 1 at the 15th annual O’Reilly Auto Parts Route 66 NHRA Nationals at Route 66 Raceway in Joliet, Ill.