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Yamaha Factory MotoGP Team Loses Another Sponsor

Yamaha’s factory MotoGP team has lost a major sponsor for the second year in a row. Malaysian oil and gas company Petronas will not be extending its sponsorship agreement with the Yamaha team, ending a three-year relationship. Last year, the Yamaha team lost the title sponsorship of automobile manufacturer Fiat.

Monster Energy Track Day of Legends with Schumacher, McGuinness, Espargaro and Flint – Video

Last week, we wrote about retired Formula One racer Michael Schumacher taking part in a track day at France’s Paul Ricard circuit on a Ducati 1199 Panigale. The event’s sponsor, Monster Energy, has released a video offering a behind-the-scenes look at the event. The seven-time F1 champion was joined by TT racer John McGuinness, retired MotoGP racer Randy Momola, Moto2 racer Pol Espargaro and Keith Flint, a musician from the group Prodigy and a racer in the U.K.’s  Hottrax Endurance Championship.

Yamaha Reports 2012 Results

Yamaha reported a 5.4% decrease in net sales for 2012 and a 72.2% decrease in profit but the Japanese manufacturer says it is poised for a dramatic recovery as it begins its “New Medium-Term Management Plan” for 2013-2015. Coinciding with the start of its new business plan, Yamaha is adopting a new brand slogan: “Revs your Heart“. The company reported net sales totaling 1,207.7 billion yen (US$13 billion) for the 12 months ended Dec.