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             Motorcycle Investor mag Subscribe to our free email news 
 Yamaha RZ500/RD500 ![]() The road to redemption March 2022, by Guy 'Guido' Allen ![]() Yamaha's RZ/RD500 V4 two-stroke series is one of those
              models that's had a wild old ride across the decades. It
              caused huge excitement when first launched back in 1984,
              then seemed to disappear without trace, and more recently
              has seen a massive revival as a much-desired classic. Though nominally listed at $4800, which quickly rose to
              $5200, by the time the first retail examples arrived in
              Australia in the third quarter of 1984 – and it was never
              big volumes – they were selling at a significant premium
              as buyers clamored to be the first on the block with the
              new toy.  
            And they of course had that most important ingredient: An
              identifiable connection to the top Yamaha 500cc Grands
              Prix machinery of the day, ridden by the likes of Eddie
              Lawson (above). Like the real thing, they were a 500-class
              V4.  
            With a claimed 88 horses (64kW) for a dry weight of 180
              kilos, they had serious power for the day in a diminutive
              and light package. Not since Honda’s 750-Four, or
              Kawasaki’s first-gen Z900, had four exhaust pipes
              generated such excitement. And on this bike, they exited
              on two decks. In reality, a well-ridden Kawasaki GPz900R would see off
              an RZ in most road situations, thanks to a broader spread
              of power and roughly equivalent top end. However the Kwaka
              couldn't match the RZ's GP bike 'attitude'  and
              resultant street cred. When it came to the fabled Castrol 6-Hour production race of 1984 (see story below), RZ500s – though nothing else quite like them had existed before – were billed to fill a third of the starting grid. And they won. In a 1984 road test Two Wheels magazine noted: 
 "Perfection
is
                  elusive and the RZ does suffer from the odd
                  sixteen-inch front wheel induced
                  head shake, but the bike is better than the majority
                  of current small-wheel
                  models over rough roads and only a little worse than
                  the best behaved of the
                  bunch, the CBX750 and GPz900R. All in all the RZ is a
                  brilliant handler, an
                  extremely well-balanced and confidence-inspiring
                  motorcycle." 
 
 However all was not well over the longer-term. As the
              bikes wore and maintenance may have been less than
              perfect, they showed some handling 'teeth', particularly
              over choppy road surfaces. RZ500s earned a reputation for
              being flighty, and even downright unstable at times. Tyre
              choice and wear was often the culprit when it came to
              unruly behavior. As the machines aged, and the initial glow of ownership
              wore off, they also developed a reputation for being a
              relatively expensive and complex mechanical package to
              refurbish. Whether this is entirely deserved is
              questionable. In truth, the engines have proven to be reasonably
              robust, however correct synchronisation of the YPVS
              powervalve system, plus correct jetting and a well-sealed
              induction system are critical. Watching from the sidelines, you got the impression that
              this and Suzuki's slightly later and arguably
              better-sorted RG500 (see our model
                profile) were a flash in the pan. The relatively few
              examples that were sold here in most cases seemed to end
              up languishing under a dust sheet in a corner of the shed,
              forgotten, unloved and suspected of being uneconomical to
              recommission. However around a decade ago the mid-eighties strokers
              started to experience something of a revival, with the
              RZ500 leading the charge. Values climbed from negligible
              to mid-teens in relatively short order and, in the last
              few years, have risen strongly. Bids in the mid to high
              Au$30k range for excellent examples can be expected.  
            For example, Bring a Trailer in January 2022 sold the RZ500 shown above
              for Au$35,000 (US$26,000, GB£20,000). It claimed ultra-low
              mileage (40km) and came with both the stock exhausts and
              an aftermarket set of expansion chambers. As a classic buy, it's pretty easy to make a case for
              RZ500 ownership. While the power claim may seem very tame
              by current standards, they're still an exhilarating ride
              and – as recent history has suggested – a good example
              should at least hold its value. Plus, they have that
              wonderful connection to what turned out to be a golden era
              of premium class two-stroke grands prix. *** ![]() See the
                  contemporary road test from Classic Two Wheels Also see this very tidy
                  RZ500 restomod with a greatly improved chassis. *** The RZV500R ![]() A variant of the RZ/RD theme is this, the domestic model
              RZV500R which was an up-spec version that has found
              popularity as a grey import. The chassis is based around a hand-made aluminium frame
              rather than the stock steel unit. It boasts air preload
              and rebound damping adjustment on the front fork, along
              with a temp gauge that doubles as a fuel gauge at the
              press of a button. However they have a down side, which is they're detuned
              to 64 versus 80hp to meet what were then local rules.
              Deresticting them involved rejetting the carburettors and
              removing restrictor plates in the exhausts. Values seem to be roughly on a par with a standard RZ/RD,
              though you will sometimes see a premium being paid. (Pic
              from Shannons) ***  
            Pic: Yamaha News in 1984 celebrating the RZ500's win in the Castrol 6-Hour Castrol Six-Hour Winner 
 
 Motorcycle manufacturers fought over honours and, for several years, it was as much about the tyres as it was the motorcycles. If Pirelli won, for example, it shouted it from the rooftops and sold shiploads of Phantoms as a result. In 1984, the field was extraordinary and read like a who’s who of fast riders. Names like Gardner, Phillis, Feeney, Baldwin and Merkel (yep, the Americans), Dowson, Pace, Willing, Campbell, Oldfield, Heyes, Gall, Chivas, Holden, Sayle, Middlemiss…where do you stop? Three motorcycles dominated the entries: Honda VF1000R, Kawasaki GPz900R and Yamaha RZ500. Eleven of the 30 provisional entries were RZs. It was the last-minute pairing of Michael Dowson and Richard Scott who won, on an RZ500 backed by then Dunlop importer Emerson Sport. The result was controversial, as Wayne Gardner and John Pace were on the same lap on their VF1000R, but the race was cut short to fit TV commitments. Both bikes were on vapour when it came to fuel and some felt the Honda might have won if the extra couple of laps had been run. Who came third? Neil Chivas and Robert Holden on (of all things) a Suzuki Katana 750, four laps down. 
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