Last week we got news that Yamaha Racing and Petronas were concluding their three-year collaboration in MotoGP, as the Malaysian oil company’s contract with Yamaha came to an end, and was not to be renewed. Following Yamaha’s abysmal ability to keep or gain sponsorships for its racing efforts lately, the initial reaction to the news of Petronas’ departure was very grave in the MotoGP paddock. However, our friends at MotoMatters have confirmed that Yamaha will be replacing Petronas (not the Harry Potter spell, thanks irks) with Nippon Oil subsidiary brand ENEOS.
Calling it the “natural conclusion” of their partnership, Yamaha’s MotoGP team and Malaysian oil giant Petronas have split ways after three years of racing sponsorship. Concluding a deal that is reportedly worth $8 million a year to the factory MotoGP team, Yamaha’s loss of Petronas will surely be felt in the team’s pocketbook, assuming of course that the Japanese manufacturer cannot replace the company with another on its sponsor roster.
After losing title sponsor Fiat for the 2011 season (due almost entirely to Yamaha’s inability to retain Valentino Rossi), Petronas and Yamaha Motor Kenkana Indonesia (Yamaha’s Indonesian arm) were left as the team’s main backers and official sponsors. Now with the loss of Petronas, many of the names on the side of the Yamaha YZR-M1 are those belonging to the tuning fork brand, leaving the financial burden for Yamaha’s MotoGP racing effort to come squarely out of one Yamaha coffer or another.
Surely to be taken as a sign of the decreased value of racing in MotoGP to race sponsors, this news has to be especially troubling for Yamaha, as it continues to lose its biggest sponsorship accounts, one after another. While it would appear that the Japanese manufacturer will have to foot another $8 million a year out its internal budget, the only silver lining to the situation could be the hope that the loss of Petronas is making way for a more lucrative sponsor. We wouldn’t hold our breath on that one though.
We heard rumors that Segway was sponsoring the MotoCzysz Isle of Man TT effort, but passed them off as too crazy to be true, as the rumors also suggested a three-bike team at the Isle, which we knew not to be true. Now we get official word that Segway is indeed sponsoring the Portland-based company, but not just at the Isle of Man TT, but throughout the 2011 racing season. We’re not sure which races that will be exactly for MotoCzysz, but you can count on an appearance at the FIM/TTXGP Laguna Seca round at the very least.
The press release goes on to say that “this combination results in a world class team of mechanical, electrical, and software engineers whose years of experience and knowledge will lead both companies to successes not only at the track but also with new vehicles in the marketplace,” which to us sounds like MotoCzysz has been busy hot-rodding a different kind of two-wheeled electric vehicle up in Portland. I can’t speak for the whole A&R crew, but personally I’d pay good money to see Michael Czysz on a Segway.
Despite newly announced title sponsor Samsung, British Superbike squad Crescent Racing will not enter John Hopkins as a wildcard entry for the Donington Park round of World Superbike racing as previously expected. Instead, both the American rider and his new teammate, reigning BST Champion Jon Kirkham, will be entered for the British WSBK round at Silverstone later in the season.
Originally, the team had announced that Hopkins would race at Donington, but with a rider new to the team testing today at Cartagena, it seems as though Crescent Suzuki has decided to wait to join the WSBK fray. They will continue their testing March 8th at Guadix, Spain in advance of the BSB opener at Brands Hatch on April 25th.
New surrounding Erik Buell Racing and its 1190RS street bike continue to pour in, as the company has announced a three-year title partnership deal with AMSOIL for the Erik Buell Racing AMA Pro Superbike team.
While the news of race sponsorship is certainly good for Erik Buell and his crew (Geoff May will continue at the helm of the #99 race bike), we think the company’s goal of debuting the EBR 1190RS as its race bike starting at the Infineon round in May is what will really excite Buell’s legion of fans.
EBR will start with last year’s 1125RR at Daytona, and expects to switch to the then homologated 1190RS, with its larger displacement, starting at West Coast Moto Jam held in May at the Sonoma track.
Releasing its 2011 World Superbike livery today, Yamaha had to unveil its YZF-R1 with a profusion of the color blue, and total lack of a title sponsorship. Not renewing its contract after the 2010 season, Italian milk producer Sterilgarda is notably absent from the team livery. It might have been assumed that Sterilgarda would stay on to sponsor Italian rider Marco Melandri, but the once promising MotoGP rider obviously did not have the drawing power for the Italian brand.
This lack of corporate sponsorship is a worrying trend for the Japanese motorcycle manufacturer, as Yamaha has yet to announce a sponsor for its MotoGP team, after Fiat exited with its bags of money when Valentino Rossi left Yamaha for Ducati Corse (there’s considerable talk that when Yamaha debuts its MotoGP livery in Sepang later this month, it’ll be with corporate colors as well).
Yamaha Racing has just announced that it will debut its 2011 MotoGP team livery at the Sepang test on February 21st. Yamaha has been without a title sponsor since the departure of Valentino Rossi, as Italian car manufacturer Fiat dropped its support of the Japanese team when Rossi went to Ducati Corse for this upcoming season.
Despite having the reigning MotoGP World Champion Jorge Lorenzo, the 2010 MotoGP Rookie of the Year Ben Spies, and being the team to beat in 2011, Yamaha has reportedly struggled to find a title sponsor for the upcoming season, that is until now.
Finally we get some good news on Elena Myers’ search for funding for the 2011 season. The 17 y/o phenom spent the 2010 kicking the boys’ butts in AMA Supersport, even winning Race 1 at Infineon, and becoming the first woman to win a professional American motorcycle race (depending on how you look at it), only to be left searching high and low for racing support for the 2011 season.
She’s cute and she’s fast, and we were fairly dumb-founded to hear she was having trouble finding sponsors to go ride for this season, but luckily that all seems to be past the California native now. Announced this past weekend that she’d been signed to American Suzuki, Myers has also secured Dainese as an apparel sponsor for 2011. To go along with wearing the Devil on her back, Myers has a very interesting sponsorship deal that American Suzuki has put together, which sees the Californian using social media to engage fans with the Suzuki brand.
The Yamaha Racing factory MotoGP team may not have a title sponsor for the 2011 season, but reigning MotoGP World Champion Jorge Lorenzo has had no problem getting some personal sponsorships for next season. Rumors were rife a few weeks ago that Lorenzo had made a switch from Dainese to Alpinestars for his leathers, boots, and gloves sponsorship (making an inverse flop with Nicky Hayden who was making the switch from Alpinestars to Dainese), and last week we brought you the first photos of what looked like a photo shoot that Lorenzo did with Rockstar Energy Drink.
Entering into MotoGP for the first time, Rockstar is Lorenzo’s only American sponsor. No terms have been released on the deal, but we hope Lorenzo is getting a boatload of cash from the energy drink producer, as the Spaniard has had some sort of Rockstar emblazoned garment on him at all times during his trip to Indonesia (including scuba diving?).
Ten Kate Honda officially became Castrol Honda at the 2011 launch of the team in the UK today. Though Jonathan Rea and Ruben Xaus were confirmed as riders in November 2010, the return of a Castrol Honda team to World Superbike was kept pretty well under wraps until today’s launch. Naturally the livery is very different from last season, with the previous yellow-green color of previous sponsor Hannspree completely removed in favor of a Castrol green, red, and white and a bit of Honda’s wing logo.
“When our world championship racing adventure was first beginning, many years ago now, Castrol Honda was the one team in the paddock which everyone looked up to, whose professional and performance standards we all wanted to achieve. It is an honour for us now to be racing under this famous and historically successful banner and we are privileged to be following in the footsteps of the team we admired so much in the past,” said team manager Ronald ten Kate. The factory Honda team sponsored by Castrol won three superbike championships: John Kocinski, 1997, and Colin Edwards, 2000 and 2002.