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Yamaha M1 Engines Available for Leasing for 2014-2016 MotoGP Seasons

Yamaha announced it will offer a leasing arrangement for its YZR-M1 engines to teams interested in racing in the MotoGP World Championship. The Japanese manufacturer has signed a leasing arrangement with MotoGP promoter Dorna Sports to supply engines for the 2014, 2015 and 2016 seasons. Racing teams will be able to lease a Yamaha M1 engine on a per-year basis for their own race bikes.

Yamaha to Cut Motorcycle Production in 2009

With mounting inventories coupled with a drop in demand, Yamaha will be cutting its motorcycle production in Japan by 24 percent this year or to about 260,000 total units; one newspaper reported this would be a 40-year low for the manufacture. Yamaha plans to cut production for motorcycles and other products by 30 percent in the Americas, 20 percent in Europe but will maintain production levels in Asia where demand has not dropped off. The company is forecasting its group sales to fall 22 percent with an operating loss of about $300 million.

Haga Signs with Swan Yamaha to Race in 2012 British Superbike Championship

Noriyuki Haga is headed for the British Superbike Championship after signing on with the Swan Yamaha team to replace the injured Ian Hutchinson. Haga had been a mainstay on the World Superbike circuit for over a decade but after being unable to find a team for this season, the 36-year-old veteran will be plying his trade in the U.K. Haga will ride the Yamaha R1 alongside teammate and defending BSB Champion Tommy Hill.