MILAN (AP) — 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.”

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.