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Honda Reports Q1 2011-2012 Results

Honda reported a 88.3% year-on-year decrease in net profit over its first quarter ended June 30, 2011, thanks in large part to the March 11 earthquake and ensuing tsunamis in Japan. Honda reported a profit of 31.7 billion yen (US$411.1 million) over the quarter, a fraction of the 272.4 billion yen (US$3.53 billion) reported over the same quarter last year.  The decrease came mainly from a large dropoff in automobile sales. Net sales from the motorcycle division helped keep Honda in the black despite a drop in unit sales.

Virginia Tech Bolt To Race At NJMP, July 12-13

The Virginia Tech Bolt e-bike racing team will compete in the July 12-13 zero emissions road race at New Jersey Motorsports Park in Millville NJ. This race is part of the eMotoRacing series, which runs in conjunction with AHRMA. The 96 volt student-built prototype racebike will compete in the eSuperSport class against a field of production based Brammo Empulses. The Bolt Team is no stranger to competition, as it has previous experience racing in the TTXGP series in 2012.

Rossi Makes Progress but Hayden Suffers Shoulder Setback

Ducati continues to develop its Desmosedici GP12 MotoGP race bike, setting modest goals while trying to establish a good setup. Already trailing the other factory teams in development time for its race prototypes, Ducati continued to try to find good base settings for the GP12. Valentino Rossi achieved the team’s goal of lapping under two minutes and two seconds with a time of 2:01.886 while completing 44 laps on the second day of testing at Malaysia’s Sepang circuit.