Yamaha Motor Co., Ltd announces that it has concluded a two-year agreement with 250cc World Champion Jorge Lorenzo. The 20-year-old Spaniard will make his MotoGP debut in 2008 aboard a YZR-M1, with direct Factory support. Lorenzo, who won the 250 title in 2006, is currently leading the championship, after winning six out of the first ten races this season. "Yamaha has been watching Jorge's career with interest for some time and we are delighted that he will be joining our MotoGP line-up from next season" - commented Lin Jarvis, Managing Director of Yamaha Motor Racing. "We are sure that he will be a valuable asset for the future and we look forward to the commencement of his MotoGP career with Yamaha." The exact structure of Yamaha's team and rider organization is still under consideration at the present time. Further details, including Lorenzo's team structure, will be announced in due course.