October 2, 2010 - Yamaha announced today that it has reached an agreement with Jorge Lorenzo for the Spaniard to remain with the factory for the next two years.
23-year-old Lorenzo, who joined Yamaha in 2008, has won an impressive seven races so far this season and is on target to take his first premier-class crown. He currently leads the standings by 56 points with five rounds remaining.
Managing Director of Yamaha Motor Racing Lin Jarvis said "We are extremely happy that we have reached an agreement with Jorge to remain a Factory Yamaha rider for 2011 and 2012.
"Since he joined three years ago he has made great progress and has improved himself every year to go from fourth place and ?best rookie' in 2008, to second place in 2009, to challenging for the MotoGP championship title in 2010.
"I am particularly pleased to finally get the agreement in place here in Japan because it will now enable Jorge to focus all of his efforts and concentration in the coming weeks to try to secure his first MotoGP class rider's title. Being only 23 years old I believe Jorge has a long career ahead of him and hopefully he can win many world titles with Yamaha.
"Jorge will be joined by Ben Spies in the Factory Team next year and with these two exceptionally talented hungry young riders we will start the 2011 season with the most exciting and competitive team in the paddock."
Lorenzo added "My first choice was always to stay here with Yamaha and I am very glad that this will happen. I feel happy here; I have good people around me, a strong relationship with Yamaha and a great bike.
"I want to say thanks again to Lin Jarvis, who has always supported me. Now we are focused on winning the championship but I am already excited about next season. I know that Ben and I can do a great job for Yamaha and I want to thank them for their belief in me." (Text and Photos Courtesy Yamaha Racing. Edited by webBikeWorld).
Harley-Davison Finalizes MV Agusta SaleAugust 6, 2010 -- Harley-Davidson reported today that they have finalized the sale of MV Agusta to Claudio Castiglioni and his wholly owned holding company, MV Agusta Motor Holding, S.r.l. as of this date.
Castiglioni is the former owner of the Italian motorcycle maker and has served as MV Agusta's chairman since 2008, when Harley-Davidson acquired the company.
In October 2009, Harley-Davidson announced its intention to sell MV Agusta as part of a new corporate strategy to focus resources on the Harley-Davidson brand. Since then, Harley-Davidson has held discussions with various potential MV Agusta buyers.
"MV Agusta is a proud brand and we wish Mr. Castiglioni and the company's employees well," said Harley-Davidson President and Chief Executive Officer Keith Wandell.
"Our decision to divest MV Agusta reflects our strategy to focus our efforts and our investment on the Harley-Davidson brand, as we believe this provides an optimal path to long-term growth."
Moto2 Motorcycle PhotosJune 20, 2010 - Interesting set of photos and close-ups by Honda of all the Moto2 machines.
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