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[snowrider13]

2003 RK carb throwing code 01 speed sensor...how do you clear? I held trip button down and it goes to clear but then re-appears after starting bike. Is there something else I should be doing? Check light does not stay on, just comes and goes every once in a while.

[tweeter13]

You must first repair what is causing the code.  If you cleared it and it resets then it's not repaired.  If you changed out a sensor then the sensor was not the problem. 
I suggest that you refer to the service manual and follow the flow chart or trouble tree.  By skipping steps you may have over looked something.  Some times it can be a loose connection or a pin connection at a terminal. 

As for the code your getting I don't have a manual here with me to look at and give you any information.  Someone may jump in with some more information. 

Todd

[snowrider13]

Checked conections, wiped off sensor, (no residue). Speedo works ok. Bike has a Baker 6 speed with the inline calibrator which also functions correctly. It is my understanding that the sensor when bad will fail to give a speedo reading. Is that true?