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Yamaha Reports Q1 2013 Results

Yamaha Motor reported a 3.7% increase in net sales for the first quarter ended March 31, 2013. Net sales from motorcycles increased by 4.6% despite an 8.1% decrease in unit sales. Overall, the company reported a profit of 7.5 billion yen (US$73.3 million) over the quarter, down from the 27.0 billion yen reported last year.

Isle of Man TT 2012: Sidecar TT Race 1 Results

Dave Molyneux won his 15th career Isle of Man TT race with a victory in the first Sure Sidecar TT race of the 2012 festival. The win comes in Molyneux’s return to the Isle of Man TT after sitting out last year’s competition. By far the most successful Sidecar racer in TT history Molyneux is third overall among riders in any class, behind Joey Dunlop (26) and John McGuinness (18).

Lorenzo Signs Two-Year Extension with Yamaha

Two-time MotoGP Champion Jorge Lorenzo has signed a contract extension with Yamaha to see him race on the company’s factory team through the 2016 season. The signing comes as no real surprise, following similar two-year contract extensions for teammate Valentino Rossi and Repsol Honda’s Marc Marquez and Dani Pedrosa. Ducati also confirmed it would field Andrea Dovizioso and Andrea Iannone next season, so unless Lorenzo wanted to spend a season or two developing Suzuki‘s or Aprilia‘s new prototypes, Lorenzo’s only option for a factory ride was to re-sign with Yamaha.