Harley-Davidson Hunkers Down as It Axes Factory-Backed Racing Teams
Harley-Davidson (NYSE: HOG) has a rich history in motorcycle racing that spans over 100 years, but amid falling sales and purposeful spending cuts, it has announced the company is no longer backing a racing team.
While the motorcycle maker will continue to support riders through dealer-sponsored teams, it announced last week, there will no longer be a factory-backed team on the track.
Image source: Harley-Davidson.
Source Fool.com