- New deal extends Yamaha’s 60-year stint in motorsports
- Dorna Sports also signs agreement with Red Bull to sponsor the Australian Grand Prix
Monster Energy Yamaha MotoGP team principal and Yamaha Motor Racing managing director Lin Jarvis has announced that the team will remain in the elite global motorcycling series until 2026.
This year marks Yamaha's 60th anniversary in motorsports and the Japanese company has seen much success since its debut in 1961, securing over 500 race victories, 38 rider world titles and five triple crowns in MotoGP during that time.
The new agreement with Dorna Sports, the commercial rights holder and series promoter of MotoGP, was confirmed during a post-team launch media debrief, and follows similar five-year extensions between Dorna and other manufacturers, including Honda, Ducati and KTM.
"First and foremost, I would like to take this opportunity to express my gratitude to Carmelo Ezpeleta and Dorna, as well as all of the Yamaha personnel who made our successful run at the highest level of motorcycle racing possible,” said Toyoshi Nishida, Yamaha Motor's executive officer.
"At Yamaha we take great pride in taking part in Grand Prix motorcycle racing. We are all very pleased that we can confirm the contract renewal for a further five years at the start of an important season for our company.
"Yamaha started competing in World Grand Prix racing in 1961. Sixty years on, Yamaha’s passion for motorcycle racing and eagerness to take on a challenge remains unchanged. MotoGP makes up a large part of Yamaha’s DNA.
"At the same time, I think the coming five years of collaborating with Dorna and the other MotoGP manufacturers will be very important for the future. We want to keep the excitement of MotoGP racing while at the same time making it more sustainable and appealing to a wider public. We thank all Yamaha fans for their continuous support, and we look forward to bringing them even more exciting and precious memories in the future."
Elsewhere in MotoGP, energy drinks brand Red Bull has agreed a title sponsorship deal for the 2021 Australian Grand Prix. Agreed as part of long-term contract with the series running until 2024, the October event will be known as the Red Bull Australian Motorcycle Grand Prix.
"The Australian Grand Prix is always a classic and to see Red Bull take top billing will be an honour for MotoGP,” said Dorna Sports managing director Pau Serracanta. “In these unprecedented times, working together to find the perfect solution for both parties is the cornerstone of any successful partnership.
"The collaboration between Red Bull and Dorna goes back to 2005 and continues to go from strength to strength. We have been co-organisers of the Red Bull MotoGP Rookies Cup for 15 years, and Red Bull is a vital part of the MotoGP eSport Championship, Idemitsu Asia Talent Cup and the Austrian Grand Prix at the Red Bull Ring, as well as our broadcast partner in Austria and Germany: ServusTV.
“I’m delighted to announce another addition to our portfolio of shared success with this agreement to title sponsor the Australian Grand Prix in 2021."
The 2021 MotoGP season starts on 28th March at Losail International Circuit, Qatar after three pre-season tests beginning on 2nd March at Circuito de Jerez, Spain.