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Yamaha launched the YZF-R1 after redesigning the Genesis engine to offset the crankshaft, gearbox input, and output shafts. This compacting of the engine made the total engine length much shorter. This allowed the wheelbase to be shortened significantly, resulting in much quicker handling and an optimized center of gravity. The bike had a compression ratio of 11.8:1 with a six-speed transmission and multi-plate clutch.

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Motorcycle Consumer News tests of the 1998 model year YZF-R1 yielded a 0 to 60 mph (0 to 97 km/h) time of 2.96 seconds and 0 to 100 mph (0 to 160 km/h) of 5.93 seconds, a 1⁄4-mile (400 m) time of 10.19 seconds at 131.40 mph (211.47 km/h), and a top speed of 168 mph (270 km/h), with deceleration from 60 to 0 mph (97 to 0 km/h) of 113.9 ft (34.7 m).

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Color Options
-	Team Yamaha Blue/White; Red/White
Engine
Type:	Liquid Cooled, in-line 4-stroke 4cyl
Valve arrangement:	5 valves/cyl
Displacement:	998cc
Bore x Stroke:	74.0 x 58.0 mm
Compression ratio:	11.8:1
Carburation:	4, 40mm Mikuni CV downdraft BDSR40 with TPS
Ignition Digital:	Digital TCI
Transmission
Type:	6-speed w/multi-plate clutch
Gear Ratio - 1st Gear:	39/15 (2.600)
Gear Ratio - 2nd Gear:	35/19 (1.842)
Gear Ratio - 3rd Gear:	30/20 (1.500)
Gear Ratio - 4th Gear:	28/21 (1.333)
Gear Ratio - 5th Gear:	30/25 (1.200)
Gear Ratio - 6th Gear:	29/26 (1.115)
Final Drive:	43/16 #530 chain 114 link
Chassis
Front Suspension:	41mm inverted telescopic fork w/adj. preload, compression and rebound damping; 5.3" travel (135mm)
Rear Suspension:	Single shock w/piggyback reservoir and adjustable preload, compression and rebound damping; 5.1" travel (130mm)
Front Brake:	Dual 298mm floating discs w/4-piston calipers
Rear Brake:	245mm disc w/2-piston caliper
Front Wheel:	3.50 x 17 in., cast aluminum
Rear Wheel:	6.00 x 17in., cast aluminum
Front Tyre:	120/70-ZR17
Rear Tyre:	190/50-ZR17
Dimensions
Height:	43.1" (1,095mm)
Length:	80.1" (2,035mm)
Width:	27.4" (695mm)
Rake/Trail:	24.0º/3.6 in.(91mm)
Wheelbase:	54.9 in (1394mm)
Seat Height:	32.0 in. (813mm)
Fuel Capacity:	4.7 gallons (18 liters)
Oil Capacity w/filter replacement:	3.1 Qt. (2.9 l)
Weight:	437 lbs (198kg) wet, 390 lb (177kg) dry
Instruments:	Digital speedometer, tachometer, clock, temp. guage, lights for neutral, high beam, turn signals, and low fuel
Performance
Fuel Consumption:	41 mpg average
Horsepower:	128.2 @ 10,000 rpm
Torque:	70.8 ft.-lbs.@ 7750 rpm
1/4 Mile:	10.22 @140.15
Top Speed:	165.8 mph