FIAT Yamaha Team is Yamaha's wholly-owned full-Factory Team in MotoGP. The team was founded in 1999 following the retirement of Wayne Rainey, who had run a Factory supported team in the 500cc class for the previous two years. A new company - Yamaha Motor Racing - was set up to manage all but the technical side of Yamaha's international racing activities and to run the team. In 2002 the team itself relocated from the Netherlands to a facility adjacent to Yamaha Motor Italia's facilities in Gerno di Lesmo, close to Monza in Italy.

In 2005 Yamaha Motor Racing as a company completed the move from the Netherlands in order to create a single Yamaha MotoGP European operation in Italy, strengthening and centralising the management of the team and all MotoGP operations. Although responsibility for the technical aspects of MotoGP remains predominantly at Yamaha's Technology Development Division in Japan, a number of Japanese engineering staff complete the European MotoGP set-up. The team is still based in Gerno di Lesmo, as are the logistics and the engine management sectors.
Lin Jarvis is Managing Director of Yamaha Motor Racing Srl and Davide Brivio has been the Factory Team Director since 2002. They are both based in Italy. 
 
FIAT YAMAHA TEAM STATISTICS: 
2008:
Valentino Rossi (ITA)
Jorge Lorenzo (ESP)

2007:
Valentino Rossi (ITA)
Colin Edwards (USA)
Team Director - Davide Brivio

2006:
Valentino Rossi (ITA) – 2nd in MotoGP World Championship, 5 race wins
Colin Edwards (USA) - 7th in MotoGP World Championship
Yamaha Factory Team - 2nd in MotoGP Team World Championship
Team Director - Davide Brivio

2005:
Valentino Rossi (ITA) - 1st in MotoGP World Championship, 11 race wins
Colin Edwards (USA) - 4th in MotoGP World Championship
Yamaha Factory Team - 1st in MotoGP Team World Championship
Team Director - Davide Brivio

2004:
Valentino Rossi (ITA) - 1st in MotoGP World Championship, 9 race wins
Carlos Checa (SPA) - 7th in MotoGP World Championship
Yamaha Factory Team - 1st in MotoGP Team World Championship
Team Director - Davide Brivio

2003:
Carlos Checa (SPA) - 7th in MotoGP World Championship
Marco Melandri (ITA) - 15th in MotoGP World Championship
Team Director - Davide Brivio

2002:
Max Biaggi (ITA) - 2nd in MotoGP World Championship, 2 race wins
Carlos Checa (SPA) - 5th in MotoGP World Championship
Team Director - Davide Brivio

2001:
Max Biaggi (ITA) - 2nd in 500cc World Championship, 3 race wins
Carlos Checa (SPA) - 6th in 500cc World Championship
Team Director - Lin Jarvis

2000:
Max Biaggi (ITA) - 3rd in 500cc World Championship, 2 race wins
Carlos Checa (SPA) - 6th in 500cc World Championship
Team Director - Lin Jarvis

1999:
Max Biaggi (ITA) - 4th in 500cc World Championship, 2 race wins
Carlos Checa (SPA) - 7th in 500cc World Championship
Team Director - Lin Jarvis