Yamaha Motor Co., Ltd has signed a three-year agreement with Pet🐻ronas that will see the Malaysian oil and gas corporation become a new Official Sponsor of the Fiat Yam🐻aha Team.

Under the new partnership, Fiat Yamaha will carry the Petronas branding on ﷺthe team's liveries, including the bikes of reigning six-time MotoGP world champion Valentino Rossi and 2008 rookie of the year Jorge Loren𒉰zo.

Petronas had been linked to the po🉐sition of title sponsor for the factory Yamaha team, before Fiat extended its agreement for 2009 and 2010.

The new Yamaha/Petronas partnership will also lead to the future extension of a☂n existing business relationship in Malaysia into the South-East Asian region, for the development and production of Yamalube engine oil for Yamaha OEM vehicles.

"This is a very exciting development for Yamaha and for the sport of MotoGP," commented ﷺLin Jarvis, managing director of Yamaha Motor Racing. "Yamaha and Petronas already have a successful business relationship away from racing, and this new, long-term, business partnership ⛎will see the ties between the two multi-national companies strengthened further.

"It is especially good to see a global company of Petronas' stature making the decision to enter into our🐲 sport at this difficult time and we look forward to working hand in hand ﷺwith them to develop a long and mutually beneficial relationship," Jarvis added.

The new Fiat Yamaha li🔜very, with Petronas branding, will be seen for the first time on Friday, during free practice for the season-opening Qatar Grand Prix.