Rating agency S&P Global has downgraded Harley-Davidson’s credit rating from BBB- to BB+, pushing the manufacturer below so-called investment grade. The downgrade reflects less concern about the company’s survival than questions about how much profit its new strategy will ultimately leave behind.

South Tyrol’s regional government has banned organized motorsport events on mountain pass roads above 1,600 meters and in protected areas. The ruling takes effect immediately and raises a key question for motorcyclists that the official text doesn’t clearly answer.

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