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Yamaha YZR-M1 WGP 50th Anniversary Edition

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Helping commemorate its 50th Anniversary of World Championship Grand Prix racing, Yamaha has unveiled special race livery for its factory-backed MotoGP squad, which the team will run at the Assen TT and Laguna Seca Grand Prix. Set to be unveiled Wednesday, June 22nd at the Assen circuit by Jorge Lorenzo and Ben Spies, the Yamaha YZR-M1 WGP 50th Anniversary Edition motorcycles with their red color schemes are described by the Japanese company as paying “homage to the iconic Yamaha Factory Racing liveries of the past with a modern twist.”

Take that as you will, but the new race livery for the two races is a welcomed detraction from the reminder that the Yamaha squad has been unable to field a title sponsor for the 2011 MotoGP Championship season, despite having the 2010 Rookie of the Year Ben Spies and reigning MotoGP World Champion Jorge Lorenzo on-board the squad’s Yamaha YZR-M1 race bikes. Nonetheless, Yamaha has been celebrating its racing heritage with a special 50th Anniversary website, which is well-stocked with images of racing lore for the tuning fork brand.

Be sure to check out the full gallery of images on the Yamaha YZR-M1 WGP 50th Anniversary Edition motorcycle after the jump. We think it’s a looker.