Yamaha YZF-R1 (1998-2001)

Yamaha YZF-R1 (1998-2001) – Tomorrow’s Classic Today

Yamaha YZF-R1 (1998-2001)When news first hit about this new machine the journos got it all wrong – because initially this was thought to be the replacement for the venerable YZF750 – it was even spotted being tested by Yamaha world superbike riders Colin Edwards and Scott Russell…

But the journalists were wrong – this new machine was a full, litre-class FireBlade beater, no mere 750…

There are many reasons why the first-generation R1 4XV is already a classic – aside from the way prices have been going. Firstly, it was a real game-changer, like the Honda CBR900RR FireBlade and Yamaha FZR1000 before it. Back then, 150bhp claimed was the stuff of fantasy, but then there was the YZR500-inspired Deltabox II chassis (with longer swingarm for better traction, this came from the YZR racers) the fiercely powerful Blue-Spot Sumitomo calipers but most of all, the original 4XV still ranks as one of the best-looking bikes to ever come out of Japan.

Reliability-wise, the five-valve per-cylinder motor was spot on with many owners hitting 50,000 miles with no drama other than filter and oil changes. What we would say is that you can easily avoid tuned machines as – even today – you don’t need more for the road! Yamaha used to have issues with clutches and brake discs warping with earlier FZRs – but it was only a clutch recall on those first models of R1 that blighted the bike, although second gear was reportedly weak on some machines and of course the EXUP valves can stick if not serviced.

Yamaha YZF-R1 4XVAlso, frames/subframes can be so light they can be damaged easily in the smallest of crashes, so watch out for polished frames or carbon frame-rail covers. The tacho/dash was one of the first digital speedo units and it also gives diagnostic info, so check this when you switch it on as it jumps to a pre-set level to tell you what’s wrong with the bike.

Prices have been heading north for a couple of years now. Five years back, as little as 1500 notes could see you with a decent 4XV in your garage, now that price will only give you a rough one, moving to a shade under £3K for a belter. Colours matter here: the original red/white seems to be more popular than the classy blue launch colours. Prices can head towards £5000 for really low milers at a dealer: crazy, we know…

While the launch models from 1998 are good investments, the second year saw a classy ‘competition white’ model (more a copy of the WSB Yamaha race colours) while the 5JJ model (2000-2001) was better still, with improved handling, less weight (175 kilos from 176 or so), smoother motor (carb changes) and a better gearbox. Bodywork was similar, but all-new so it still looked good. Owners say not to worry about not having original end cans: the carbon 4XV and titanium 5JJ ones can be found on eBay for a few quid.

For: Still goes good, still looks great!

Against: Some issues, hard to find a good one at a good price!

Make Yamaha
Model YZF-R1
Years available 1998-1999 (4XV) 2000-2001 (5JJ)
Major changes Gearlinkage change 1999, colours, then 2000-5JJ bodywork, gearbox, carb, end-can changes.
Price when new £9399 Nov 1997

£8539 1998 (post parallel imports)

Values now £2000-£5000 (top end for low-mile 4XVs)


Verdict: Already a classic and now up there with the Blade and LC!