Record 1,300 People Assembled at BRP’s Can-Am Spyder Owners Event in North Carolina

The largest BRP-sponsored Spyder gathering since its launch 6 years ago

VALCOURT, QUEBEC – June 18, 2013 – (Motor Sports Newswire) – BRP hosted nearly 850 Can‑Am Spyder roadsters and more than 1,300 people this past weekend at the largest BRP-sponsored gathering of Can-Am Spyder roadsters ever assembled during the sixth annual North American Can-Am Spyder Owners Event in Maggie Valley, N.C.

“This was the largest Can-Am Spyder Owners Event since we launched the vehicle in the winter of 2007,” said Yves Leduc, vice-president and general manager, North America division. “The presence of so many passionate Spyder owners illustrates the health of the brand and the growing nature of our rider community.”

Friday, BRP announced the winners of the customization contest and European Spyder vacation experience. Danny Webb of Lawton, Oklahoma with his hand-painted customized Spyder ST was named best-in show by a panel of BRP judges.

By far, the big winner of the night was Susette Hieronymus of South Carolina, who, out of all eligible participants at the event, was randomly chosen to win an all-expenses paid trip for two to one of the 2014 European Can-Am Roadster Owners Events to be held next summer.

“BRP’s Can-Am Spyder Owners Event continues to grow year after year,” Leduc added, “and with more regional Spyder events popping up in North America and around the world, people are discovering the accessibility to the open road the Spyder delivers.”

Participants were treated to meals and entertainment during the two-day celebration of the three-wheeled vehicle that has reinvented the way people take to the open road. There were also demo rides of the new 2013 line-up, including the all-new Spyder ST that is designed for sport touring – perfect for the beautiful back roads of the picturesque Smoky Mountains.

The North American Can-Am Spyder Owners Event also raised US$2,500 to benefit the Haywood Christian Ministry, a local organization that helps between 700 and 800 families a month.

About BRP

BRP (TSX:DOO) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski‑Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide. www.brp.com

Ski-Doo, Lynx, Sea-Doo, Evinrude, Rotax, Can-Am, Spyder and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

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BRP Selects Blast Radius as its Global Digital Agency of Record

VALCOURT, QUEBEC – June 17, 2013 – (Motor Sports Newswire) - After a rigorous multi-agency search process, BRP selects Blast Radius, part of the Wunderman network and WPP group of companies, as its global digital agency of record.

”New technologies and interactive models are changing how consumers interact with brands, and now more than ever, influence the customer experience,” said Yves Leduc, vice-president and general manager, North America division. ”BRP is committed to offering consumers a best-in-class experience and will leverage the digital channel to deliver on this promise,” he added.

A leader in their industry with extensive global reach, Blast Radius comes with an impressive array of knowledge and experience to help BRP enable new digital opportunities throughout the consumer decision journey. ”Our aim is to create an enhanced and consistent consumer experience worldwide.  It was therefore fundamental that we partner with a global digital agency, one with solid international understanding and capabilities” said Chris Dawson, vice-president and general manager, International division.

Once integrated into its portfolio of agencies, BRP will look to Blast Radius for thought leadership in delivering winning digital strategies for consumers, dealers, distributors, employees and other stakeholders. ”We believe in networked brands. A networked brand is a self-sustaining interactive ecosystem that spreads its message, content and products faster and more cost-effectively than a traditional brand,” said Gurval Caer, CEO at Blast Radius. ”We look forward to helping BRP, and all of its brands, deliver on their digital vision.”

About BRP

BRP (TSX:DOO) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide. www.brp.com

* Some models, equipment and accessories could be unavailable in some markets.

Sea-Doo, Ski-Doo, Lynx, Evinrude, Can-Am, Spyder, Rotax, Commander, DPS, Dual-Level and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. Visco-Lok, Maxxis, WARN, Garmin and other trademarks are the property of their respective owners.

About Blast Radius

Blast Radius is a strategic digital agency that helps connect brands and consumers to tackle the complex issues of growing brand and revenue in a highly connected world. With offices in Toronto, Vancouver, New York, Seattle, Portland and Europe, its client roster includes Starbucks, Nike, Microsoft, Bacardi, Nokia, and NIVEA. The company is a member of the Wunderman Network and WPP Group of Companies. www.blastradius.com

For information:

Johanne Denault
Manager,Corporate Communications
BRP
Tel: 450.532.5173
johanne.denault@brp.com

Robin Rowley
Manager, Global Communications
Blast Radius
Tel: 347.891.0400
robin.rowley@blastradius.com

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BRP Reports First Quarter Fiscal Year 2014 Results

Highlights:

• Record first quarter revenues of $804.3 million, an increase of 12% excluding sport boat
• Revenues from Year-Round Products increased by 27% led by the Can-Am Spyder ST and the Maverick side-by-side vehicle
• Net income of $25.7 million resulting in basic earnings per share of $0.25
• Normalized net income^[1] of $53.4 million, an increase of 7.7% which resulted in normalized basic earnings^[1] per share of $0.52
• Outlook strong with normalized EPS^[1] forecast to be in the range of “$1.45 – $1.50” for the FY14

VALCOURT, QC – June 13, 2013 – (Motor Sports Newswire) – BRP Inc. (TSX: DOO) today reported its financial results for the first quarter ended April 30, 2013. All financial information is in Canadian dollars unless otherwise noted. The complete financial results are available at www.sedar.com.

“We are pleased to report our first results as a public company and we take this opportunity to welcome our new shareholders to BRP. Our first quarter puts us on track for a strong performance this year,” remarked President and CEO José Boisjoli. “Our revenues from our Year-Round Products increased by 27% during the quarter led by the sales of our Can-Am Spyder ST and Maverick side-by-side vehicle which add to our solid track record of successfully introducing new products and generating strong consumer acceptance,” he added.

“During Q1, we also launched the new Rotax 900 ACE snowmobile engine which was well received by the network and we registered strong spring orders of snowmobiles to be delivered during the second half of the year. In addition, our Spyder retail sales performance has continued to outpace the on-highway motorcycle industry.”

“International growth is at the heart of our business strategy; we are pleased with our 8% revenue increase from the International market, especially given the challenging economic situation in Western Europe. The construction of our second Mexican manufacturing site in Querétaro, is on schedule,” he concluded.

Fiscal Year 2014 First Quarter Revenues Highlights

Revenues for the first quarter ended April 30, 2013 were $804.3 million, an increase of 5.5% or $41.6M compared to Q1 of FY13. Revenues increased by 12% when excluding the impact of the exit of the sport boat business in the fall 2012. The increase in revenues includes a favourable foreign exchange rate variation of $13 million mainly related to the strengthening of the U.S. dollar against the Canadian dollar. The Company’s revenues are derived from the sales of its Seasonal Products (Ski-Doo and Lynx snowmobiles and Sea-Doo watercraft), Year-Round Products (Can-Am all-terrain (ATV) and side-by-side vehicles (SSV) and Spyder), its Propulsion Systems (Rotax engines and Evinrude outboard engines) and related Parts, Accessories and Clothing (PAC).

NET INCOME DATA

		Three-months period ended
(millions of Canadian dollars)		April 30, 2013	April 30, 2012
			(Restated) [2]
Revenues by category
	Seasonal Products	$ 206.7	$ 253.6
	Year-Round Products	404.7	317.7
	Propulsion Systems	92.9	93.1
	PAC	100.0	98.3
Total Revenues		804.3	762.7
Cost of sales		586.3	550.5
Gross profit		218.0	212.2
	As a percentage of revenues	27.1%	27.8%
Total operating expenses		131.9	123.0
Operating income		86.1	89.2
	Net financing costs	16.9	20.4
	Foreign exchange (gain) loss on long-term debt	8.3	(11.2)
	Increase in fair value of common shares	19.6	4.8
Income before income taxes		41.3	75.2
Income taxes expense		15.6	20.6
Net income		$ 25.7	$ 54.6
EBITDA [1]		$ 87.6	$ 104.9
Normalized EBITDA [1]		$ 107.8	$ 109.7
Normalized net income [1]		$ 53.4	$ 49.6
Normalized earnings per share[1]		$ 0.52	$ 0.49
[1] EBITDA, Normalized EBITDA, Normalized net income and Normalized earnings per share are non-IFRS measures that the Company uses to assess its operating performance. EBITDA is defined as net income before financing costs, financing income, income taxes expense, depreciation expense and foreign exchange (gain) loss on long-term debt. Normalized EBITDA is defined as net income before financing costs, financing income, income taxes expense, depreciation expense, foreign exchange (gain) loss on long-term debt, increase in fair value of redeemable common shares and unusual and nonrecurring items. Normalized net income is defined as net income before foreign exchange (gain) loss on long-term debt, increase in fair value of redeemable common shares and unusual and non-recurring items adjusted to reflect the tax effect on these items. Normalized earnings per share is calculated by dividing the normalized net income by the weighted average number of commons shares.
[2] Restated to reflect the application of the amendments of IAS 19 “Employee Benefits” standard as explained in Note 2a) of the unaudited condensed consolidated interim financial statements for the first quarter ended April 30, 2013.

Seasonal Products

Revenues for Seasonal Products decreased by $46.9 million, or 18.5%, to $206.7 million for the first quarter ended April 30, 2013, compared with $253.6 million for the corresponding period last year. The decrease in revenues is attributable to the reduction of $44 million of revenues following the Company’s decision announced in the fall of 2012 to exit the sport boat business.

Year-Round Products

Revenues for Year-Round Products increased by $87.0 million, or 27.4%, to $404.7 million for the first quarter ended April 30, 2013, up from $317.7 million for the corresponding period last year. The increase is primarily due to the introduction of new models such as the Can-Am Spyder ST and the Maverick side-by-side vehicle.

Propulsion Systems

Revenues for Propulsion Systems remained stable at $92.9 million for the first quarter ended April 30, 2013, compared with $93.1 million for the corresponding period last year despite the cold weather during the spring in North America which impacted our sales of outboard engines.

PAC (Parts, Accessories & Clothing)

Revenues for PAC increased by $1.7 million, or 1.7%, up to $100.0 million for the first quarter ended April 30, 2013, up from $98.3 million for the corresponding period last year.

Gross profit reached $218.0 million or 27.1% of revenues, an increase of 2.7% or $5.8 million for the first quarter ended April 30, 2013, up from $212.2 million for the corresponding period last year. The gross profit margin decreased by 70 basis points primarily due to additional manufacturing costs in Year-Round Products in order to increase production flexibility to better respond to market demand and to additional expenses supporting the watercraft transfer to the Querétaro, Mexico facility.

Operating expenses increased by $8.9 million, or 7.2%, to $131.9 million for the first quarter ended April 30, 2013, up from $123.0 million for the corresponding period last year. The increase was primarily due to higher advertising expenses in all product categories, higher stock-based compensation in relation to the initial public offering of the Company and higher investments in research and development projects.

Normalized net income increased by $3.8 million, or 7.7% to $53.4 million for the first quarter ended April 30, 2013 compared with $49.6 million for the corresponding period last year.

Fiscal year 2014 Outlook

For the Fiscal Year 2014, BRP’s financial guidance targets are as follows:

Financial Metrics			Fiscal Year 2014 Guidance targets vs FY13
Revenues
	Seasonal Products		Flat to up low single digits %
	Year-Round Products		Up high double digits %
	Propulsion Systems		Up mid to high single digits %
	PAC		Up high single digits %
Total Company Revenues			Up high single digits %
Normalized EBITDA			Up low double digits %
Effective Tax Rate			Up to 28-29%
Normalized net income			Up low double digits %
Normalized earnings per share (assuming over allotment of 1,83M shares fully exercised)			$1.45 – $1.50
CAPEX			Flat

The above guidance excludes the effects of fluctuations in currency exchange rates. In addition, the Company made a number of economic and market assumptions in preparing its FY14 financial guidance, including assumptions regarding the performance of the economies in which it operates, market competition and tax laws applicable to its operations. The Company cautions that the assumptions used to prepare the forecasts for FY14, although reasonable at the time they were made, may prove to be incorrect or inaccurate. In addition, the above forecasts do not reflect the potential impact of any non-recurring or other special items or of any new material commercial agreements, dispositions, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after June 13, 2013. The financial impact of these transactions and non-recurring and other special items can be complex and depends on the facts particular to each of them. We therefore cannot describe the expected impact in a meaningful way or in the same way we present known risks affecting our business. Accordingly, our actual results could differ materially from our expectations as set forth in this news release. The outlook provided constitutes forward-looking statements within the meaning of applicable securities laws and should be read in conjunction with the “Caution Concerning Forward-Looking Statements” section.

Conference call and Webcast presentation
Today at 10 a.m. (EDT) BRP Inc. will host a conference call and webcast to discuss BRP’s 2014 first quarter earnings results released this morning. The call will be hosted by José Boisjoli, president and CEO and Claude Ferland, CFO. A slide presentation and link to the audio webcast will be posted at http://investors.brp.com in the Financial presentations section.

To listen to the conference call by phone, for the integral version, please dial 1-514-861-4190 or 1-877-461-2815 (toll free in North America) or +00 800 6578 9898 for overseas callers. To listen to the English version only, please dial: 1-514-392-1478 or 1-866-225-0198 (toll free in North America) or +00 800 6578 9898 for overseas calls. For the French version only, please dial: 1-514-392-9196 or 1-866-225-2055 or +00 800 6578 9898 for overseas calls. In all cases, the event number is 4164640.

A replay of the conference call will be available approximately two hours after the call for a one-week period by accessing the same link on our website.

About BRP

BRP (TSX:DOO) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters and Propulsion systems including Evinrude outboard and Rotax engines. BRP employs approximately 6,800 people worldwide.

www.brp.com

Ski-Doo, Lynx, Sea-Doo, Evinrude, Rotax, Can-Am, Spyder and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

CAUTION CONCERNING FORWARD LOOKING STATEMENTS Certain information included in this release, including, but not limited to, statements relating to our Fiscal 2014 financial outlook (including revenues, gross profit margin, operating expenses, Normalized EBITDA, Effective Tax Rate, Normalized net income and Normalized earnings per share), and other statements that are not historical facts, are “forward-looking statements” within the meaning of Canadian securities laws. Forward-looking statements are typically identified by the use of terminology such as “may”, “will”, “would”, “should”, “could”, “expects”, “plans”, “intends”, “trends”, “indications”, “anticipates”, “believes”, “estimates”, “outlook”, “predicts”, “projects”, “likely” or “potential” or the negative or other variations of these words or other comparable words or phrases. Forward looking statements, by their very nature, involve inherent risks and uncertainties and are based on several assumptions, both general and specific. BRP cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause actual the actual results or performance of the Company or the power sports industry to be materially different from the outlook or any future results or performance implied by such statements. Key assumptions used in determining forward-looking information are set forth below. Key Assumptions The Company made a number of economic and market assumptions in preparing its 2014 financial guidance, including assumptions regarding the performance of the economies in which it operates, market competition, tax laws applicable to its operations and foreign exchange currency fluctuation. In addition, many factors could cause the Company’s actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the following: impact of adverse economic conditions on consumer spending; decline in social acceptability of the Company’s products; fluctuations in foreign currency exchange rates; high levels of indebtedness; unavailability of additional capital; unfavourable weather conditions; seasonal sales fluctuations; the Company’s ability to comply with product safety, health, environmental and noise pollution laws; dependence on dealers, suppliers, financing sources and other strategic partners who may be sensitive to economic conditions; large fixed cost base; inability of dealers and distributors to secure adequate access to capital; supply problems, termination or interruption of supply arrangements or increases in the cost of materials; restrictive covenants in the Company’s financing and other material agreements; competition in product lines; loss of members of management team or employees who possess specialized market knowledge and technical skills; inability to maintain and enhance reputation and brands; adverse determination in any significant product liability claim against the Company; significant product repair and/or replacement due to product warranty claims or product recalls; reliance on a network of independent dealers and distributors to manage the retail distribution of products; dependence on customer relationships for the sale of original equipment manufacturer products; unsuccessful management of inventory; risks associated with international operations; inability to enhance existing products and develop and market new products; protection of intellectual property; failure of information technology systems; declining prices for used versions of products and oversupply by competitors; unsuccessful execution of manufacturing strategy; changes in tax laws and unanticipated tax liabilities; higher fuel costs; deterioration in relationships with employees; pension plan liabilities; natural disasters; failure to carry proper insurance coverage; public company expenses; conduct of business through subsidiaries; and significant influence by our principal shareholders holding multiple voting shares. BRP undertakes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable Canadian securities laws. In the event that BRP does update any forward-looking statement, no inference should be made that BRP will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

SOURCE: BRP

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Get the Racing Chills: BRP Presents the Formula 1 Grand Prix Du Canada Trophy

VALCOURT, QUEBEC – June 6, 2013 – (Motor Sports Newswire) – BRP (TSX:DOO) presents the 2013 edition of the Formula 1 Grand Prix du Canada 1^st place trophy during the Open House on Thursday, June 6 from 9 a.m. to 12 noon.

“This is one of the most beautiful trophies of the Formula 1 circuit,” said François Dumontier, president and CEO of Octane Racing Group Inc, promoter of the Formula 1 Grand Prix du Canada. “All propositions were excellent, but the originality and direct link to our 2013 theme made the choice clear.”

The winning team  from the Design & Innovation Centre(D&I) is composed of Christian Lepine, senior designer and project leader, François Chênevert senior designer, and Jonathan Mahieddine, designer. Chosenfrom among eight Design & Innovation teams by a special jury composed of representatives of Octane Racing Group and BRP, the concept was submitted for final approval by Formula One Management.

“This trophy truly expresses passion for Formula 1,” said Denys Lapointe, executive vice-president, D&I. “Perfect symbiosis between dynamism and technicality, this twisting structure sits on a pyramidal base representing aerodynamics, fluidity and speed. This year’s Formula 1 Grand Prix du Canada’s thematic ”Get the Racing Chills” is represented by the vibrating perforations contrasting pure and fluid surfaces.”

Lapointe and his designers, the winning team of Lepine, Chênevert and Mahieddine will be at the Open House to discuss the concept and inspiration behind this example of design excellence. All spectators at Circuit Gilles-Villeneuve will get a chance to see the trophy at the BRP booth located near the Pont du Cosmos on race weekend, June 7-8-9, 2013.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea‑Doo watercraft, Can-Am all‑terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide. www.brp.com

About Octane Racing Group Inc.

A Canadian company established in Montréal, Octane Racing Group Inc. is the promoter of the Formula 1 Grand Prix du Canadaby virtue of an agreement made with Formula One Administration Limited and Formula 1 World Championship Limited (together the holder of commercialization rights to F1). www.circuitgillesvilleneuve.ca

Sea-Doo, Ski-Doo, Lynx, Evinrude, Can-Am, Spyder, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

For information:
Johanne Denault
Manager, Corporate Communications
BRP
450-532-5173
johanne.denault@brp.com

Laurie Schraenen
National Press Officer
Formula 1 Grand Prix du Canada
514-350-4731 ext. 242
lschraenen@octanemanagement.ca

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BRP Celebrates 30 Years of Rotax Kart Engines with a World Premiere!

VALCOURT, QUEBEC - June 7,2013 – (Motor Sports Newswire) – In 2013, BRP (TSX:DOO) celebrates 30 years of Rotax kart engines by bringing the Rotax MAX Challenge Grand Finals to North America for the first time in its history. This year, the 2013 Grand Finals will take place November 13 to 16, 2013 in New Orleans, Louisiana, U.S.A.—a world premiere and a new chapter in the 14-year history of the Rotax MAX Challenge. Some 300 participants are expected to attend.

“Our 30-year story is inspired and driven by performance and passion,” said Gerd Ohrnberger, vice-president and general manager of BRP’s Product Engineering and Manufacturing Operations division.”The development of innovative technologies that offer unique performances is the result.”

Rotax engines have made history as the centrepieces of legendary powersports vehicles and set new standards with their high energy efficiency and low emission. These are the engines that are used at the international Rotax MAX Challenge Grand Finals, a BRP-operated kart racing event in which drivers aged 13 years and older compete and gain racing experience. The Rotax engines that have moved the powersports world for three decades continue to combine emotion and performance in a historically unique way.

With over 75,000 Rotax MAX engines sold over a 15-year period, BRP is a global market leader in the kart sports market. The Rotax MAX Challenge is the biggest and fastest growing kart racing series in the world today with over 15,000 active drivers and running in more than 50 countries.

Come and meet two past world champions of the Rotax MAX Challenge Grand Finals, Pier-Luc Ouellette (2011) and Ben Cooper (2012) at the BRP booth near the Pont du Cosmos at the Formula 1 Grand Prix du Canada in Montréal on Friday afternoon, June 7.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea‑Doo watercraft, Can-Am all‑terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems.BRP employs approximately 6,800 people worldwide.

Backgrounder: Karting at BRP

The evolution of the kart industry at BRP took off in Austria in the 1980s with the production of the first high performance Rotax100 cc kart racing engine. BRP’s expertise in the development of 2-stroke high performance engines lead the Rotax engines to dominate the kart sports market and bring home the gold in the national and international championships of the Commission internationale de karting (CIK).

At the Karting World Championship of 1988, Rotax engines seized nine of the top ten positions. Several of today’s most successful F1 drivers began their racing careers in karts powered by Rotax kart engines, including Kimi Räikkönen (Lotus), Jenson Button (McLaren), Giorgio Pantano, Anthony Davidson and Robert Kubica. New in the Formula 1 racing circuit this year is Esteban Gutierrez (Sauber), who until recently participated in Rotax MAX Challenge races.

In 1997, the Rotax 125 MAX kart engine was introduced, setting new standards with its reliability and user friendliness and standing out from the competition thanks to its lower fuel emissions. In 2000, the first conversion kits came onto the market, allowing kart drivers to buy one engine that could be easily adapted to suit their ability throughout their racing career. The engine’s price made karting accessible to a wider audience of hobby drivers.

In 2002, in line with its commitment to innovating low maintenance yet ground-breaking products, BRP launched the 125 MAX DD2 engine: a direct drive (no chain) engine in combination with a two-speed-gearbox (operated by means of shift paddles on the steering wheel).

Despite these exciting developments, the Karting World Championship did not make room for the 125 cc MAX engine next to the 100 cc category. So, in 1999, BRP launched a racing series with its own technology and sports regulations. In 2000, the first Rotax MAX Challenge Grand Finals were battled out on the track.

THE ROTAX MAX CHALLENGE GRAND FINALS

Debuting in 1999 as a “playground” for ambitious leisure kart drivers, the RotaxMAX Challenge (RMC) is now the most prestigious event in the world of professional karting. An annual highlight of the racing season, the Grand Finals bring together drivers from all over the globe to crown the best amongst them. As part of the Rotax MAX Challenge, the Grand Finals have grown every year since they began.

Let’s take a look back in history …

The first edition of the Grand Finals took place in 2000 on the island of Puerto Rico with 66 drivers in the “125 MAX” class representing 19 countries. In 2001, the finalists were invited to Malaysia where 68 drivers from 29 countries competed for the RMC “World Champion” title in the “125 MAX” class. In 2002, kart drivers from 33 different countries vied for the gold at the Grand Finals in South Africa, and in Egypt in 2003, the “125 Junior MAX” category was introduced.

The year 2003 was also the first time the company worked with a chassis manufacturer to supply comparable karts to competitors. The junior category raced on a ‘single make’ chassis supplied by CRG while the more experienced drivers raced on their private chassis. This move increased the number of Grand Finals participants to almost 100 drivers, representing close to 40 different countries.

The volcano island of Lanzarote, Spain welcomed the 5^thGrand Finals in 2004. For the first time, all competitors raced either on supplied ‘single make’ chassis provided by CRG (for the “125 Junior MAX” category) or by BRP (for the “125 MAX” category.) The following year in Malaysia, the 2005 Grand Finals ran three different categories: “125 Junior MAX”; “125 MAX” and the “125 MAX DD2″. The event attracted 140 drivers from 43 nations and a new sponsor, Swiss Hutless from Switzerland, who supplied 55 race-ready chassis for the “125 Junior MAX” category. BRP also unveiled the newly designed MOJO tyres on this international platform.

The rainy coast of Viana do Castelo, Portugal hosted the 2006 edition of the RMC Grand Finals. The event reached a record 186 participants from close to 50 countries. The 2007 edition saw another great event in Al Ain in the United Arab Emirates: 216 drivers from more than 50 countries from all five continents raced for victory in the “125 Junior MAX”, “125 MAX” and “125 MAX DD2″ categories using chassis signed by CRG and INTREPID, two of the most prestigious European chassis manufacturers.

The world’s top karting race series found itself on European soil once again when Italy – arguably the home of karting – hosted the Grand Finals in 2008. Sharm el Sheikh, Egypt hosted the Rotax MAX Challenge Grand Finals in 2009, marking the event’s 10th anniversary. Chassis were supplied by manufacturers Maranello and CRG and German manufacturer Heidenau supplied MOJO tyres. Partners including Dellorto and Kart Care also contributed to the great success of this event.

In2010 the Grand Finals took place in Italy at the La Conca race circuit. For the first time, the series held 4 different categories and the number of drivers went up to 250. The introduction of the new category – the 125 MAX DD2 MASTERS – allowed for another 36 drivers over the age of 32 to compete in the world’s biggest kart race series. Sodi from France supplied chassis for the “125 Junior MAX” category, while the “125 MAX” and “125 DD2″ used the CRG chassis from Italy. The manufacturer Haase, also from Italy, supplied the “DD2 MASTERS” chassis.

The 2011 Grand Finals took place back in Al Ain, UAE at the Al Ain Raceway circuit. Some 264 drivers from about 60 countries raced in four categories. After a wet experience in 2006 in the north of Portugal, the 2012 Rotax MAX Challenge Grand Finals moved to the south end of the country to the Kartodromo Internacional Algarve race track near the city of Portimao. The event, again with four categories, increased to an astounding 276 drivers from about 60 countries. Birel supplied the “125 Junior MAX” category, while the “125 MAX” used SODIKART chassis. For the “125 DD2″ category German manufacturer MACH1 supplied the chassis and Haase supplied the “DD2 MASTERS” chassis. www.brp.com

Sea-Doo, Ski-Doo, Lynx, Evinrude, Can-Am, Spyder, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

For information:
Johanne Denault
Manager, Corporate Communications
BRP
450-532-5173
johanne.denault@brp.com

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BRP to present fiscal 2014 first quarter results

VALCOURT, QUEBEC - June 4, 2013 – (Motor Sports Newswire) – BRP Inc. (TSX: DOO) will issue its FY14 first quarter financial results for the period ended April 30, 2013 on Thursday, June 13, 2013. José Boisjoli, president and chief executive officer and Claude Ferland , chief financial officer will discuss the results and address questions from analysts on a conference call scheduled for 10:00 am E.T. that same day. Media and interested participants may access this call on a listen-only basis. The details of the conference call are as follows:

• DATE: Thursday, June 13, 2013
• TIME: 10:00 a.m., E.T.

This conference call will be broadcast live on the Internet at the following address http://investors.brp.com. The presentation will be in English with French simultaneous translation.

Investors and analysts can listen in on the call and will be able to do so by dialling one of the following conference call numbers:

Integral version: (without translation)	514-861-4190 or 1-877-461-2815 (toll-free in North America) +00-6578-9898 (overseas calls)
In English:	514-392-1478 or 1-866-225-0198 (toll-free in North America) +00-6578-9898 (overseas calls)
In French:	514-392-9196 or 1-866-225-2055 (toll-free in North America) +00-6578-9898 (overseas calls)

Replay:		An archived audio webcast will be available 2 hours after event at: http://investors.brp.com for ninety days following the original broadcast.
Note:		A slide presentation intended for simultaneous viewing with the conference call will be available at: http://investors.brp.com

BRP (TSX: DOO) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide.

Sea-Doo, Ski-Doo, Spyder, Lynx, Evinrude, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. (a subsidiary of the Company) or its affiliates.

SOURCE: BRP

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BRP Expands Can-Am Side-by-Side Line-Up

 

• New Maverick X rs, Maverick X xc and Commander XT-P models,
• New Tri-Mode Dynamic Power Steering and Colours

VALCOURT, QUEBEC – June 3, 2013 – (Motor Sports Newswire) – BRP has expanded its line of Can-Am Maverick 1000R side-by-side vehicles with the addition of a four-seater, new X packages, all-new Tri-mode Dynamic Power Steering (DPS) and new colour schemes. The Can-Am Commander family of side-by-side vehicles will also feature Tri-Mode DPS and the all-new Commander XT-P package. For 2014, the full line of Can-Am side-by-side vehicles and ATVs continues to deliver class-leading performance, precision-engineered handling and driver-focused designs.

“As promised, we have grown our Can-Am side-by-side vehicle line-up to include the 2014  Can-Am Maverick MAX 1000R. We also outfitted both the Maverick and Commander side-by-side vehicles with an all-new Tri-Mode Dynamic Power Steering that further enhances handling and offers more convenience for our customers,” said Yves Leduc, vice-president and general manager, North America division. “BRP now offers a highly innovative, versatile and diverse family of side-by-side vehicles for both two and four passengers that continue to strike a chord with off-road consumers around the world.”

This new 101-HP Can-Am Maverick MAX 1000R side-by-side vehicle has the same proven engineering of the original two-seat Maverick 1000R model, but features seating for four full-sized adults, rear passenger-specific ergonomics and a 75-cm (29.5-inch) longer wheelbase. It is also available in an X rs package with X package accessories, including a complete FOX suspension system. New to the Maverick line-up is a Tri-Mode Dynamic Power Steering package and a new narrower-width Maverick 1000R X xc package for trail riding enthusiasts. White is a new base colour. A white with black and Can-Am Red colour schematic is also available on X package vehicles.

The Commander line, which offers both an 800R and 1000 Rotax V-Twin EFI engine, now has Tri-Mode DPS package with Visco-Lok QE (quicker engaging) for precision handling. The new Commander 1000 XT-P wears XT package accessories and a sportier FOX suspension. All Commander side-by-side vehicles also get a new “ECO” mode switch for normal operation. Linear throttle response can be selected through “Sport” mode.

“The global market is extremely demanding, seeking new and more useful products annually. We have met the needs of the global consumer by offering a deeper, more capable side-by-side line-up with the updated Can-Am Maverick, new Maverick MAX and Commander line-ups,” said Chris Dawson, vice-president and general manager, International division. “Tri-Mode Dynamic Power Steering, X packages and comfortable seating for four adults with the all-new 2014 Maverick MAX 1000R side-by-side make our line-up far more versatile and deliver on the promise of ‘The Ride Says It All.’”

BRP’s full line of ATVs continues to deliver the most horsepower in the industry. Performance and recreational enthusiasts alike will also appreciate the Can-Am ATV line-up’s superior handling and user-friendly ergonomics. Whether it’s racing, exploration or hard work, there’s a Can-Am ATV for all consumers. Both the side-by-side vehicle and ATV line-ups offer full compliment of clothing and accessories for 2014.

About BRP

BRP (TSX:DOO) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide. www.brp.com

* Some models, equipment and accessories could be unavailable in some markets.

Sea-Doo, Ski-Doo, Lynx, Evinrude, Can-Am, Spyder, Rotax, Commander, DPS, Dual-Level and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. Visco-Lok, Maxxis, WARN, Garmin and other trademarks are the property of their respective owners.

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BRP and F1 Grand Prix Du Canada: A Perfect Fit

VALCOURT, QUEBEC – May 30, 2013 – (Motor Sports Newswire) – BRP (TSX:DOO) is making its debut at the Formula One (F1) Grand Prix du Canada on June 7-8-9, 2013 at Circuit Gilles Villeneuve in Montréal, Québec. While BRP has, for the third straight year, designed and produced the winning trophies, it will welcome the public at its booth near the Pont du Cosmos. BRP has also loaned 40 Can-Am vehicles to be used by F1 teams and race administration.

“We are very pleased to have BRP as a partner this year,” said François Dumontier, president and CEO of Octane Racing Group Inc., promoter of the Formula 1 Grand Prix du Canada. “To have a Québec-based manufacturer and reputed company like BRP exhibit its products and have access to their high end vehicles is certainly a great help.”

BRP will further host all F1 fans at its booth, and provide an opportunity for all to have their photograph taken with the 2013 F1 Grand Prix du Canada 1^st place trophy. A display of many of its products will be presented to the general public, and they will have the chance to participate in a contest. BRP will also have a special karting display, including a kart simulator, to highlight the 30^th anniversary of Rotax kart engines.

“All F1 pilots started their careers on racing karts. Considering that BRP’s Rotax engines have been powering karts for the past 30 years, many F1 champions, such as Jenson Button and Kimi Räikkönen, participated in the Rotax MAX Challenge,” said José Boisjoli, president and CEO. “Racing goes back a long way at BRP. We started with Ski-Doo and Lynx snowmobile racing, Sea-Doo PWC World Championships, and the Grand National Cross Country series for ATVs and SSVs. It is a logical–and thrilling–step for us to participate in such a premium powersports event.”

Car racing and BRP are closely linked. BRP organizes the annual Rotax MAX Challenge racing series that culminates with the Grand Finals, playing host last year in Portugal to over 275 racers from among 60 countries. The winner of these Grand Finals over the past two years were racing for Canada – Ben Cooper (2012) and Pier-Luc Ouellette (2011) – and they will both be on site during a special karting event on Friday. This year’s Rotax MAX Grand Finals will be in held in New Orleans, Louisiana – the first time in North America.

Forty BRP vehicles will be circulating at Circuit Gilles Villeneuve during race weekend. Three of these, Can-Am Commander side-by-side vehicles, have been on site for three months now helping to prepare the scene for the great race.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea‑Doo watercraft, Can-Am all‑terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems.BRP employs approximately 6,800 people worldwide. www.brp.com

About Octane Racing Group Inc.

A Canadian company established in Montréal, Octane Racing Group Inc. is the promoter of the Formula 1 Grand Prix du Canadaby virtue of an agreement made with Formula One Administration Limited and Formula 1 World Championship Limited (together the holder of commercialization rights to F1). www.circuitgillesvilleneuve.ca

Sea-Doo, Ski-Doo, Lynx, Evinrude, Can-Am, Spyder, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

For information:
Johanne Denault
Manager, Corporate Communications
BRP
450-532-5173
johanne.denault@brp.com

Laurie Schraenen
National Press Officer
Formula 1 Grand Prix du Canada
514-350-4731 ext. 242
lschraenen@octanemanagement.com

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BRP Raises $262 Million in IPO

BRP Inc. Completes Initial Public Offering

VALCOURT, QEUBEC – May 29, 2013 – BRP Inc. (“BRP” or the “Company”) announced today the closing of its initial public offering of 12,200,000 subordinate voting shares of the Company at a price of $21.50 per share resulting in gross proceeds to the Company of approximately $262,300,000. The net proceeds from the offering will be used to repay indebtedness under the Company’s term facility.

The subordinate voting shares are listed on the Toronto Stock Exchange under the symbol “DOO“.

The underwriters have also been granted an over-allotment option, exercisable within 30 days from the date hereof, to purchase up to an additional 1,830,000 subordinate voting shares from the Company at a price of $21.50 per share for additional gross proceeds of $39,345,000 if the option is exercised in full. If the over-allotment is exercised by the underwriters, the Company will use the additional net proceeds for working capital and general corporate purposes.

The offering was made through a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets, UBS Securities Canada Inc. and Citigroup Global Markets Canada Inc., acting as joint bookrunners, and including Wells Fargo Securities LLC, CIBC World Markets Inc., Desjardins Securities Inc., Scotia Capital Inc., National Bank Financial Inc. and Robert W. Baird & Co. Incorporated.

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws and may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide.

Sea-Doo, Ski-Doo, Spyder, Lynx, Evinrude, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. (a subsidiary of the Company) or its affiliates.

Forward-Looking Statements

Certain statements in this press release, including statements relating to the use of proceeds of the offering, the closing date of the offering, the exercise of the over-allotment and the use of proceeds thereof constitute forward-looking statements. The words “scheduled”, “may”, “will”, “would”, “should”, “could”, “expects”, “plans”, “intends”, “trends”, “indications”, “anticipates”, “believes”, “estimates”, “predicts”, “likely” or “potential” or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements.

Forward-looking statements are based on estimates and assumptions made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate and reasonable in the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. In particular, the closing of the offering and use of proceeds thereof is subject to customary closing conditions and there can be no assurance that all such conditions will be satisfied. Many factors could cause the Company’s actual results or affairs to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the factors discussed in the “Risk Factors” section of the final base PREP prospectus available at www.sedar.com. These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities regulations.

For information:
Pierre Pichette
Vice-President, Communications and Public Affairs
Tel: 450.532.5100, ext. 5135

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BRP in the hands of the Best Drivers of the Formula 1 Grand Prix Du Canada

VALCOURT, QUEBEC – May 24, 2013 – (Motor Sports Newswire) – BRP employees will create the trophies of the 2013 and 2014 editions of the Formula One (F1) Grand Prix du Canada for the third and fourth straight years.

“We are proud of the relationship established with BRP, a powersports industry leader, especially with its Design & Innovation team recognized around the world,” said François Dumontier, President & CEO of Octane Racing Group Inc, promoter of the Formula 1 Grand Prix du Canada. “The trophies that they have designed since 2011 for our event demonstrate that they understand well the culture and the emotion behind F1 racing.”

Eight BRP teams of three or four designers participated in a friendly competition to develop the Formula 1 Grand Prix du Canada trophies. A jury, composed of representatives from Octane Racing Group and BRP, selected a concept for this year’s edition of the Grand Prix and sent it to Formula One management for final approval. Proposals were evaluated on their originality, design quality, feasibility and symbolism with F1 racing.

“We were very excited in 2011, the first time we were approached by the F1 Grand Prix du Canada to design their trophies, and it is obviously a challenge that is gaining in popularity among my designers,” said Denys Lapointe, executive vice-president, Design & Innovation Centre. “It’s a great opportunity to showcase their creativity, talent and passion for powersports.”

The creation of the trophies was done by a talented group of individuals from a variety of disciplines including: product and transportation design, engineering, human factors, as well as technical staff. Over the years, BRP’s design group has garnered numerous international design awards such as German red dots, U.S. Good Designs and Australia International Design Awards (AIDA). To date in 2013, BRP received one red dot award and three AIDAs.

The trophy will be on display during the F1 Grand Prix du Canada Open House on the morning of June 6. In addition, all spectators at Circuit Gilles Villeneuve will get a chance to see the trophy at the BRP booth located near the Pont du Cosmos on race weekend, June 7-8-9, 2013.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea Doo watercraft, Can-Am all terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide.
www.brp.com

About Octane Racing Group Inc

A Canadian company established in Montréal, Octane Racing Group Inc. is the promoter of the Formula 1 Grand Prix du Canada by virtue of an agreement made with Formula One Administration Limited and Formula 1 World Championship Limited (together the holder of commercialization rights to F1).
www.circuitgillesvilleneuve.ca

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