Tuesday, November 4, 2008

Yamaha and Fiat renew deal

From Yamaha Racing

GERNO DI LESMO, ITALY -- Yamaha Motor Co., Ltd and Fiat Automobiles Spa have concluded an agreement to continue their partnership for a further two years.

The agreement will see Fiat continue as the title sponsor of Yamaha’s Factory MotoGP Team, which will continue to be known as the Fiat Yamaha Team, for 2009 and 2010.

Fiat joined Yamaha at the start of 2007 and their partnership has been a successful one with 14 grand prix wins to date, culminating in the capture of the 2008 Rider, Team and Manufacturer titles. Next season will see the same team with Valentino Rossi and Jorge Lorenzo contesting the championship for the Fiat Yamaha Team.

"I heartily welcome the extension of the agreement with Fiat as title sponsor of our MotoGP Factory Team for another two years," said Masao Furusawa, Executive Officer Engineering Operations of Yamaha Motor Co., Ltd. "We will be working to continue the great partnership that resulted in the Fiat Yamaha Team winning the triple crown in 2008."

Lin Jarvis, Managing Director of Yamaha Motor Racing Srl, commented, "We are delighted to be continuing our partnership with Fiat for a further two years. It remains a very interesting mix for an Italian car manufacturer to be partner of a Japanese motorcycle manufacturer in the world’s premier motorcycle racing series.

"After a tough first season in 2007 we were really happy to win the triple crown titles this year for Yamaha and for Fiat.

"Fiat’s decision to continue for a further two years is a sign of confidence in our activities and a strong confirmation of the value of being involved in the MotoGP championship. Our target for the future is clear: we want to continue with our winning ways and provide even more excitement for the fans of the Fiat Yamaha Team."

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