Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles
Issue link: https://magazine.cyclenews.com/i/128200
quarter was $1.03 billion compared with and president Joe Montgomery said. "The motorsports division was threaten- $905.9 million in the year-ago quarter, a 13.3 percent increase. Net income for ing the bicycle division. Although we believe in the value of our motors ports the quarter was $150.9 million, an increase of 27.5 percent over the yearago quarter. Fourth quarter diluted earn- products, we did not have sufficient financial resources to make the addition- ings per share (EPS) were 49 cents, a 25.6 percent increase compared with al investments necessary. We look forward to bringing a renewed focus to our last year's 39 cents. Revenue for the full through this present challenge with the $3.4 billion in 2001, a 20.1 percent greatest possible speed." physician shall become an organ donor regardless of whether the person made an anatomical gift by completing the organ donor statement ... ,. IF the bill becomes law, it would take effect on July 1. The AMA said that Hurt's proposal represents a new low in the relationship between anti-motorcycling government officials and riders. "Organ donation core bicycle business and to working year was $4.1 billion, compared with dP Safety School, which runs sessions at Laguna Seca, Infineon Raceway, Buttonwillow and Thunderhill Raceway, has also announced its 2003 schedule, which begins with a March 3-4 session at Laguna Seca. For more information, visit www.dpsafetyschool.com .. or call 805/772-8301. increase. Net income for the year was $580.2 million, a 32.5 percent increase Parts Unlimited has announced its Free Ride Tour for 2003. Race fans attending rounds of the AMA/Chevy Trucks U.S. Superbike Series will have the opportunity to win motorcycles from Honda, Kawasaki, Suzuki and Yamaha by registering at the Parts Unlimited rig at each and every round. For more information, visit www.parts-unlimited.com. versus last year's $437.7 million, while diluted EPS for the full year were $1.90, a 32.9 percent increase compared with $1.43 in 2001. The management of Cannondale announced on January 27 that they intended to file a voluntary petition for reorganization under Chapter 11 of the is a noble cause that truly can represent the gift of life For people Faced with some terminal illnesses," noted Sean Maher, Anthony Faria Jr., with his team KSW Cycle Suzuki, has secured a corportate sponsorship with one of KSW Cycle Insurance's associate companies, Foremost Insurance, according to the team. Foremost Insurance is a leader in recreation products insurance, according to the team, AMA director of state affairs. "But making the commitment to become an organ donor must remain a private decision left to each person. ClassiFying an entire group of citizens as nothing more than organs to be harvested isn't just demeaning to motorcyclists, it's offensive to all Americans ... The AMA is organizing oppo- The AMA has expressed its outrage at a proposed law in New Mexico that could CLASS Motorcycle Schools, the school run by three-time AMA Superbike Champion Reg Pridmore, has announced its 2003 schedule, including sessions slated to be held at the new Barber Motorsports Park in Birmingham, Alabama, Infineon Raceway in Sonoma, California, Road America in Elkhart Lake, Wisconsin. Mid-Ohio in Lexington, Ohio, and Willow Springs in Rosamond, California. For more information, visit www.c1assrides.com. Cannondale and its lenders have agreed to present the bankruptcy court with a tentative agreement. which would provide the company with Interim financing to fund operating expenses and to meet supplier and employee commitments. The motorsports segment of Cannondale has been blamed for the company's demise. "The interim financing will be used to continue the operation of our bicycle business," Cannondale founder StateWatch section of the AMA Rapid Response Center at www,AMADirectlink.com. There, they can send letters duced in the New Mexico Legislature by state Sen. Allen Hurt (R-Waterflow), would allow the harvesting of organs a helmet and is declared brain dead as a result of an accident, according to the Supercross Series events: "In the first several rounds of the AMA Supercross Series, we have seen some of the closest, most exciting racing in recent memory. In the 250 class, the First three races resulted in three different winners. This parity is good For the sport and presents an exciting show For our Fans. Unfortunately, we have also seen overly aggressive riding tactics employed by some participants. particularly in the 125 class. While we encourage good, tight racing, we will not tolerate anything that falls outside the boundaries of the AMA rulebook. All riders have been reminded of the rules: Fines and/or warnings have been issued where appropriate, and we will continue to monitor the situation closely. Additionally, AMA Pro Racing personnel maintain an active dialogue with team representatives regarding officiating and rules enforcement. Areas that are subject to interpretation have been explored, and AMA Pro Racing Motocross/Supercross manager Duke Finch will be communicating with the riders in explicit detail at mandatory riders' meetings. The goal of AMA Pro Racing is to officiate AMA Supercross events Fairly, objectively, and with rider saFety at the foreFront. We will continue to manage this series with those values in mind." and who, as the result of an accident. is pronounced brain dead pursuant to Section 12-2-4 NMSA 1978 by a licensed effective immediately. Freeman is a photojournalist and Cycfe News alumnus who has worked for the past several years in motorcycle public relations. PROMOTED: Lori Clark, vice president of operations. will spearhead the information technology, purchasing and manufactUring groups as well as the distribution centers for White Brothers: John Bui, vice presihuman resources and faCilities management: Brad Karstens, director of marketing, has been placed over ali marketing. advertising. catalog, art development. website and communications efforts: Pete Pendelton, new site will be a sales vehicle for Flat Trak Fotos, offering dirt track fans the ability to view and order prints from AMA Grand National dirt track photographer Dave Hoenig. The site can be reached at the following address: www.flattrackfotos.com. dent of finance, will be heading up all responsibilities for all accounting, director of sales, wlli lead the White Brothers brand sales, inside sales. customer relations. field sales and dealer development strategies. Mike Bell, the chief operations officer said: "This group of directors has accepted the task of taking the White Brothers Brand of products as well as the distributed partner brand lines to a new levei of growth. PROMOTED: Kenry Bryant to the position of vice president for Jar- dine Performance Products and Doug Thorley Headers. Bryant will oversee both motorcycle and automotive dIVISions of sales. marketing. R&D and englneenng APPOINTED: Knstlne Groft as promotions/public relations coordina- tor of Mazda Raceway Laguna Seca. effective Immediately. White Brothers' goal is to establish the company firmly in the powersports market as the performance source and to service our customers quickly. effiCiently and With quality performance products." AUTOGRAPH SIGNING: At Millenlum Cycleworks in Lilbum, Geor- gia. on February 21 from 6 to 7 p.m. Factory Yamaha riders Tim Ferry. Chad Reed and David VUlliemin, Mach 1 Yamaha's Heath Voss and BORN: Elsa Withers, to former AMA Pro·Am rider Chns Withers and Nick Wey, and Yamaha of Troy's Brock Sellards and Ivan Tedesco are scheduied to appear. 770/985-8595. his wife, Laura. on January 24 in Augusta, Georgia. MOVED: InnovaliOn Training Systems to 10310 Lake Louisa Road, Clermont, FL 34711, 407/325-2228. Innovation Training Systems is also accepting racer resumes, and they can be sent to the address listed above. For more information, call Ken Shiver at AUTOGRAPH SIGNING: At the Maxima Racing Oils booth at the Indy Dealer Trade Show on February 15 from 11 a.m. to 12 p.m. Eric The AMA's Government Relations Department is gearing up to conduct another round of its popular" Ride Into Bostrom and Tommy Hayden are scheduled to appear. OPENED: The Arroyo Seco Motorcyclist Association' s home page on HIRED: Chris Jonnum as editor of the new Road Racer X magazine, the World Wide Web. The site can be found at the following address: http://www.ASMAracing.com. His most recent positions were editor of Personal Watercraft Illustrated and. before that. managing editor of Cycle News. Road Racer X is the latest magazine from Filter Publications, the same company that started HIRED: Matt Freeman as account executive, by Vreeke & Associates. Racer X Illustrated. ................................. " .. " .. .. .. . cue I e Political Action" seminars, according to the AMA. The seminar, conducted by Terry Lee Cook, AMA state programs development specialist, is scheduled for March 8 in Great Falls, Montana, and n J f) \..,.I r AMA Pro Racing, regarding officiating and rules enforcement at AMA 239, specifically states that: "A person operating a motorcycle without a helmet OPENED: Flat Trak Fotos new website on the world wide web. The " The follOWing is a statement From Merrill Vanderslice, director of competition. AMA. Hurt's bill, designated Senate Bill Kawasaki's Ezra Lusk and his wife. Jennifer, on January 21, in Tallahassee, Florida. ] ] of protest to their state lawmakers. from any motorcyclist who doesn't wear BORN: A baby boy, Hayden Patrick Lusk, to Team Chevy Trucks ...J sition to the Hurt proposal. New Mexico motorcyclists can help by going to the make some motorcyclists into forced organ donors. The proposal, intro- U.S. Bankruptcy Code on January 28. J e _ os • Continued on page 64 2003 3 FEBRUARY 12, -., ...J ..J -., ..J ...J .....