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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 Focusing on Developing Model Platforms

Following the success of its MT platform, Yamaha says it will continue to develop new models based on shared platforms, allowing for a choice of multiple models while reducing overall costs. Speaking in a presentation on the company’s business operation, Yamaha Motor President Hiroyuki Yanagi reiterated the strategy of developing multiple models sharing the same engine and frame. Honda has followed a similar strategy with its NC models, seeing the platform evolve to include the CTX700 and NM4.

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.