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Seven-time MotoGP champion Valentino Rossi signs new two-year deal with Yamaha, until 2016

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MILAN - Seven-time MotoGP champion Valentino Rossi has signed a new two-year deal with Yamaha, tying him to the Japanese team until 2016.

Rossi rejoined Yamaha in 2013 following a disappointing spell at Ducati.

The 35-year-old Italian, who finished fourth last year, is second in the standings.

On Wednesday, Rossi says "It's great because this was my target; I wanted to continue, I am feeling good and I'm motivated to keep giving my best. I am very happy that I can keep riding my YZR-M1, that has been my love for so many years."

Yamaha managing director, Lin Jarvis, adds, "Since his return to Yamaha it's been a very positive experience ... it is our intention that Valentino will remain with Yamaha until the end of his sporting career and beyond."

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