Yamaha Motor Co., Ltd is delighted to announce that it has signed a new two-year agreement with Valentino Rossi. The seven-time world champion will continue to race with the Yamaha Factory Racing Team for the 2009 and 2010 MotoGP World Championships. The 29-year-old Italian joined Yamaha in 2004 and since then he has won two world championships, 32 races and taken 20 pole positions for the Japanese factory. He is currently leading the 2008 rider championship, having taken three wins and a further five podiums in the first ten races this year. Rossi will continue to race alongside Spanish youngster Jorge Lorenzo in 2009.