Former MotoGP World Champion Jorge Lorenzo has signed a new, two-yeal deal to remain with Movistar Yamaha until the end of 2016.

The agreement realises Lorenzo’s wish to continue his premier class career with Yamaha, extending the relationship from seven to nine years. Both Yamaha and Lorenzo are confident that the partnership has the potential to deliver a third title and will continue to work towards this goal.

"I am very happy to finally be able to make this announcement. It is a relief to be able to now completely focus on the remainder of the 2014 season in the knowledge that our relationship will continue for the next two seasons. It has always been my wish to continue my career with Yamaha; I strongly believe we can fight for a third title together,” said Lorenzo.

“This season has been very challenging after a difficult start, however we will continue to take it race by race, giving 100% until Valencia. I want to thank Yamaha for their continued belief in me and all the Yamaha fans around the world who continue to support me. After the summer break I’m excited to be back at Indy with my team and focused again on riding."