Garmin introduced a first-of-its-kind racing solution that integrates MYLAPS advanced digital flagging technology with Garmin's Catalyst 2 driving optimizer. This system allows drivers to receive real-time digital flag signals and track condition updates directly in the cockpit, improving reaction times and race strategy. The combined product package includes the MYLAPS X2 RaceLink Club device, Garmin Catalyst 2, an In-car Flagging Y-cable, and a cage mount accessory, priced at $1,699.99. This innovation enhances motorsports safety and performance by providing immediate awareness of track changes such as weather and safety operations, marking Garmin's first integration of MYLAPS technology since acquiring the company in 2025.
Garmin Ltd. (GRMN) shares are trading at USD 280.31 as of Sep 22, 2026 18:02 WIB, close to the middle of its 52-week range between USD 187.10 and USD 313.16. Despite the recent product innovation integrating MYLAPS technology, the stock shows minimal daily movement with a 0.03% increase on Pluang. Investor activity leans heavily towards selling, with 92% of orders being sell orders, reflecting cautious sentiment even as Garmin pushes new motorsports technology.
