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POLARIS' RZR FACTORY RACING DRIVER BROCK HEGER DOMINATES AT KING OF THE HAMMERS® DESERT CHALLENGE FOR THIRD STRAIGHT YEAR, SECURING UTV OVERALL WIN

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Polaris (NYSE: PII) celebrated a dominant start to the 2026 UTV season as RZR Factory Racing's Brock Heger won the King of the Hammers® Desert Challenge Limited Race on Feb 3, 2026.

Heger posted a wire-to-wire victory in a Polaris RZR Pro R Factory, finishing more than nine minutes ahead, while Polaris claimed six of the top-ten UTV positions.

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News Market Reaction – PII

+4.43%
8 alerts
+4.43% News Effect
+$162M Valuation Impact
$3.82B Market Cap
0.4x Rel. Volume

On the day this news was published, PII gained 4.43%, reflecting a moderate positive market reaction. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $162M to the company's valuation, bringing the market cap to $3.82B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Top-10 UTV finishes: 6 of top 10 Consecutive KOH wins: 3 Event edition: 7th annual +5 more
8 metrics
Top-10 UTV finishes 6 of top 10 Polaris RZR Pro R overall UTV positions at Desert Challenge
Consecutive KOH wins 3 Brock Heger Desert Challenge victories
Event edition 7th annual King of the Hammers Desert Challenge
Race distance 250 miles Desert Challenge event length
Winning margin More than nine minutes Heger over second overall UTV
Race laps 4 laps Structure of Desert Challenge race
Minder qualifying spot 22nd Chaden Minder starting position
MacCachren start 30th Cayden MacCachren starting grid position

Market Reality Check

Price: $63.98 Vol: Volume 1,898,361 vs 1,110...
high vol
$63.98 Last Close
Volume Volume 1,898,361 vs 1,110,812 20-day average (relative volume 1.71x). high
Technical Price $64.35 is above 200-day MA at $55.24 and 14.48% below the 52-week high.

Peers on Argus

PII was up 0.8% while key peers were mixed: DOOO -0.17%, BC +1.8%, HOG +0.2%, LC...
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PII was up 0.8% while key peers were mixed: DOOO -0.17%, BC +1.8%, HOG +0.2%, LCII +0.31%, THO +0.02%. Momentum scanner only flagged MAMO at -56.39% with no news, indicating PII’s move skewed company-specific rather than a broad recreational vehicles move.

Historical Context

5 past events · Latest: Feb 02 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 02 Business separation Positive +0.8% Completion of Indian Motorcycle separation and majority stake sale to Carolwood LP.
Jan 29 Dividend increase Positive -1.3% Board approves 2% hike to $0.68 quarterly cash dividend.
Jan 29 Product launch Positive -0.4% Launch of limited RZR Pro R Ultra Edition with DYNAMIX DVS suspension.
Jan 27 Earnings release Neutral -4.2% Posting of Q4 and full-year 2025 financial results and earnings call details.
Jan 22 Product launch Positive -2.6% Unveiling of 2026 Indian Chief Vintage heritage cruiser model.
Pattern Detected

Recent positive product and strategic news often saw muted or negative next-day price reactions, with only the Indian Motorcycle separation aligned positively.

Recent Company History

Over the past weeks, Polaris issued several notable updates. On Jan. 22, 2026, Indian Motorcycle launched the 2026 Chief Vintage, followed by Q4 and full-year 2025 financial results on Jan. 27. A limited-edition RZR Pro R Ultra Edition performance model was announced on Jan. 29, and the board approved a 2% dividend increase to $0.68 per share. On Feb. 2, 2026, Polaris completed the separation and majority sale of Indian Motorcycle. Today’s racing-dominance story reinforces the RZR brand and builds on this sequence of product and strategic news.

Market Pulse Summary

This announcement highlighted Polaris’ performance credibility, with Brock Heger securing a third co...
Analysis

This announcement highlighted Polaris’ performance credibility, with Brock Heger securing a third consecutive King of the Hammers Desert Challenge win and Polaris machines taking six of the top 10 UTV positions over a demanding 250-mile race. It reinforces earlier product news around the RZR line and follows recent strategic changes such as the Indian Motorcycle separation. Key watchpoints remain how such brand and racing milestones translate into future financial results and sustained demand across core off-road segments.

AI-generated analysis. Not financial advice.

Polaris Racers and the RZR Pro R Secured Six of the Top 10 Overall UTV Positions, with Chaden Minder Rounding out the Podium in Third Place

MINNEAPOLIS, Feb. 3, 2026 /PRNewswire/ -- Carrying his momentum straight from another victorious Dakar Rally in Saudi Arabia, RZR Factory Racing's Brock Heger opened the 2026 UTV season in dominant fashion by once again conquering the King of the Hammers (KOH)®  Desert Challenge. At the 7th annual Desert Challenge this past Saturday in Johnson Valley, Heger delivered a flawless performance behind the wheel of his Polaris RZR Pro R Factory to secure the overall UTV Open class victory during the Limited Race. The win marked Heger's third consecutive Desert Challenge victory, continuing his unmatched run of success at one of off-road racing's toughest proving grounds.

In addition to Heger's victory, Polaris racers in the RZR Pro R delivered a standout performance, earning two podium finishes and six top-ten results. Chaden Minder secured a third-place podium behind Heger, followed closely by Sebastian Marques in fourth and RZR Factory Racing teammate Ethan Groom in fifth in his first full-time appearance behind the wheel of the RZR Pro R Factory. Branden Sims added a ninth-place finish, with Sierra Romo rounding out the top ten.

Following an intense qualifying session, Heger lined up second, with Ethan Groom starting sixth and Joe Terrana in the orange car qualifying eighth. The four-lap race unfolded as planned, with Heger quickly charging into the lead and never looking back. He went on to deliver a dominant wire-to-wire performance, with the RZR Pro R Factory showcasing its speed and reliability over the 250-mile event to finish more than nine minutes ahead of the second overall UTV.

Behind Heger, Polaris drivers maintained a strong pace through the opening half of the race as the evolving dynamics of the event reshaped the running order in the closing stages. With his grassroots program, Chaden Minder delivered a breakthrough performance, charging to an impressive third-place UTV overall finish. After qualifying 22nd, Minder fought his way through the field, going wheel-to-wheel with the factory-backed racers. His performance highlighted the power, strength, and durability of the RZR Pro R platform, proving its ability to perform in some of the toughest conditions in off-road racing. Similarly, Polaris privateer Sebastian Marquez also had a strong showing in his RZR Pro R, landing fourth.

Behind them, Groom ran consistently inside the top three early before slipping back late, ultimately regrouping to secure a fifth-place finish. Starting 30th on the grid, Cayden MacCachren delivered one of the strongest drives of the race, charging through the field to cross the line in an unofficial third. Post-race review later adjusted the results after it was determined he had inadvertently missed a virtual checkpoint, an occurrence that affected multiple competitors, resulting in an 11th-place classification.

"It feels great to start the season with this kind of momentum," said Heger. "Coming straight from Dakar and barely getting adjusted back, then jumping into a race as demanding as King of the Hammers®  makes this win so rewarding. Like we've done the past few years, we were able to qualify well, get to the front early, and then control the race, which is all you can ask for. This race is an all-out sprint through the desert and my RZR Pro R Factory performed incredibly, delivering the power that I needed while the suspension flawlessly absorbed the intense whoops and terrain of the desert. Now it's time to set our sights on the rock race this week."

"King of the Hammers always delivers drama and challenge, and this year was no exception," said Alex Scheuerell, Polaris' Director of Off-Road Motorsports. "When the dust settled, Brock drove an incredible race to bring home the trophy once again for Polaris. His ability to shift between disciplines and dominate at the highest level is truly remarkable. Beyond Brock's win, it was a standout day for Polaris and the RZR Pro R, with our drivers securing six of the top ten UTV spots overall and showing just how capable these machines are across the toughest terrain in the sport."

RZR Factory Racing still has more work to do in Johnson Valley this week, as Heger and CJ Greaves will take their skills to the UTV Hammers Championship Race Rock on Thursday, February 5 behind the wheel of modified Gen 1 RZR Pro R Factory machines that have been specifically tuned to conquer the rock-strewn terrain, including the iconic Chocolate Thunder.

To learn more, please visit Polaris.com/RZR or join the conversation and follow on Facebook smInstagram smYouTube sm and Xsm.  KOH®  and King of the Hammers®  are registered trademarks of Hammerking Productions, Inc.

About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/polaris-rzr-factory-racing-driver-brock-heger-dominates-at-king-of-the-hammers--desert-challenge-for-third-straight-year-securing-utv-overall-win-302678009.html

SOURCE Polaris Inc.

FAQ

How did Brock Heger perform at King of the Hammers® Desert Challenge on Feb 3, 2026 for PII?

Heger won the UTV Open class Limited Race in dominant fashion, finishing more than nine minutes ahead. According to Polaris, he led wire-to-wire in a RZR Pro R Factory and secured his third straight Desert Challenge victory, continuing a multi-event winning streak.

What result did Polaris (PII) drivers achieve overall at the Feb 3, 2026 Desert Challenge?

Polaris drivers earned six of the top ten UTV overall positions at the Desert Challenge. According to Polaris, that included a 1-3 finish with Heger first and Chaden Minder third, plus strong showings by multiple RZR Pro R entries.

What model did Brock Heger drive to victory at King of the Hammers® and what did Polaris say about it?

Heger drove a RZR Pro R Factory to the win, showcasing speed and durability over 250 miles. According to Polaris, the machine delivered the needed power and suspension performance to control a grueling desert sprint from start to finish.

Who else from Polaris RZR finished on the podium or top positions at the Feb 3, 2026 event?

Chaden Minder finished third and Sebastian Marquez placed fourth, with Ethan Groom fifth and other Polaris drivers in the top ten. According to Polaris, the results included two podiums and six top-ten finishes for RZR Pro R entries.

What are Polaris RZR Factory Racing's next plans in Johnson Valley after the Feb 3, 2026 Desert Challenge?

Heger and CJ Greaves will compete in the UTV Hammers Championship Rock race on Feb 5, 2026 using modified Gen 1 RZR Pro R Factory vehicles. According to Polaris, the cars are specifically tuned to tackle the rock-strewn Chocolate Thunder section.
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