Can-Am Factory Racer Kyle Chaney Scores Second Overall at the 2026 Dakar Rally
Rhea-AI Summary
BRP (TSX: DOO) factory team Can-Am completed the 2026 Dakar Rally with strong results: rookie Kyle Chaney and co-driver Jacob Argubright finished 2nd overall in Chaney's Dakar debut, recording a stage five victory and a total time of 56:13:35. Can-Am drivers took six of the top ten overall positions and captured five stage wins, including podium sweeps on stages seven and 12. Joao Monteiro placed fourth (stage 13 winner), Jeremias Gonzalez Ferioli finished fifth (wins on stages seven and 12), and Francisco Lopez was sixth (stage nine winner). The results highlight Maverick R durability over 8,000+ km and provide development insights for production vehicles.
Positive
- None.
Negative
- None.
News Market Reaction
On the day this news was published, DOO gained 4.90%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peers in the momentum scanner and no sector headlines provided, suggesting the -3.12% move is stock-specific rather than part of a broader sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 23 | Secondary offering | Neutral | -0.3% | Selling shareholder completed secondary offering; company received no proceeds. |
| Dec 18 | Regulatory decision | Negative | -5.6% | ACCC opposed Telwater sale; BRP kept Telwater and guidance unchanged. |
| Dec 16 | Management change | Positive | -2.3% | Announced new CEO Denis Le Vot to advance M28 strategic plan. |
Recent news, including a blocked asset sale and leadership transition, often coincided with mild to moderate negative price reactions.
Over the past months, BRP reported several material developments. On Dec 23, 2025, a secondary offering by Bain Capital transferred 1,850,000 shares at C$100.00, with the company receiving no proceeds. On Dec 18, 2025, BRP acknowledged the ACCC’s decision opposing the Telwater sale, while reiterating no impact on Fiscal 2026 guidance. On Dec 16, 2025, BRP announced Denis Le Vot would become President and CEO effective Feb 1, 2026. Today’s Dakar Rally results add a brand-strengthening performance milestone to this sequence of corporate and regulatory updates.
Market Pulse Summary
This announcement underscores BRP’s Can-Am Maverick R platform with a second overall Dakar finish, five stage wins, and six of the top ten positions, highlighting durability over more than 8,000 kilometers. Combined with recent developments such as the upcoming CEO transition and an ACCC decision on Telwater, it adds a brand and product-performance milestone to recent corporate news. Investors may watch how consistently racing success translates into consumer demand and long-term strategy execution.
AI-generated analysis. Not financial advice.
Can-Am once again reinforces Maverick R as a benchmark racing side-by-side with stage wins, and critical development insights across 8,000 kilometers of one of the world's toughest rallies.
"Our team made huge strides this year," said Jean-François Leclerc, BRP Race Manager. "From the racers to the mechanics and our partners at South Racing, everyone gave their maximum effort and rose to the occasion. With multiple stage wins and consistent podium results, we demonstrated the strength and reliability of the Can-Am Maverick R platform. With that said, we know there's more ahead, and we're committed to pushing harder to reclaim the top step of the podium."
Performance Under Pressure
Can-Am's 2026 Dakar Rally effort was highlighted by:
Dakar rookie Kyle Chaney finished second place overall and scored a stage five victory- Can-Am swept the podium on stages seven and 12
- Joao Monteiro finished fourth overall and won stage 13
- Jeremias Gonzalez Ferioli finished fifth overall, collecting wins on stages seven and 12
- Francisco "Chaleco" Lopez finished sixth overall, with a win on stage nine
- Can-Am South Racing drivers accounted for six of the top ten overall finishers
- Proven reliability over 8,000+ kilometers of extreme desert terrain
In his first Dakar Rally campaign, Chaney drove with the maturity of a veteran, pushing the pace when it mattered most, mitigating risk and demonstrating relentless consistency to secure second position in the overall. The highlight of Chaney's rally was a win on stage five, where he put on an incredible display of driving and navigation skills on the second half of the marathon stage. With the second fastest overall finishing time of 56 hours, 13 minutes and 35 seconds, Chaney's performance solidified his position as a front-runner at rally raid's highest level.
"This was my first year at
Built to Go Further
With another Dakar Rally successfully completed, Can-Am leaves
The Dakar Rally and other elite off-road competitions serve as the ultimate proving grounds for Can-Am's racing side-by-side development. Widely regarded as one of the most demanding tests of durability and performance in motorsports, these races validate the Can-Am Maverick R as a benchmark racing side-by-side machine, capable of delivering sustained performance in extreme conditions. The same Maverick R platform proven through racing directly informs the production vehicle riders can buy today, translating race-tested durability, control, and engineering into real-world riding confidence.
The critical support Fans can revisit highlights and behind-the-scenes moments from the Dakar Rally across Can-Am Off-Road social channels (@canamoffroad and @canamfactoryteam).
About BRP
BRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Quintrex and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
View original content to download multimedia:https://www.prnewswire.com/news-releases/can-am-factory-racer-kyle-chaney-scores-second-overall-at-the-2026-dakar-rally-302667008.html
SOURCE BRP Inc.
FAQ
How did BRP (DOO) perform at the 2026 Dakar Rally?
What was Kyle Chaney's total finishing time at the 2026 Dakar Rally for Can-Am (DOO)?
Which Can-Am drivers won stages at the 2026 Dakar Rally and what were their overall finishes?
How many kilometers did Can-Am compete across in the 2026 Dakar Rally and what does that show for DOO?
Did any Can-Am teams sweep podium positions during the 2026 Dakar Rally?
Where can fans find Dakar Rally highlights for Can-Am and BRP (DOO)?
