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2023 Yamaha MT-03 [Specs, Features, Photos]

2023 Yamaha MT-03
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2023 Yamaha MT-03: Enter the ‘MT’ Lineup

The MT-03 is Yamaha’s entry-level street-naked for the North American market. It features the same transformer-like styling as the higher-capacity ‘MT’ models in the 2023 Yamaha portfolio while sharing its underpinnings with the company’s entry-level supersport – the Yamaha YZF-R3. The 2023 MT-03 remains unchanged compared to last year’s bike, but this isn’t surprising, considering the bike was only recently introduced.

Powering the MT-03 is the same parallel twin found on the YZF-R3, and the 321cc, liquid-cooled engine features no changes in this application. With a compression ratio of 11.2:1, the engine can make a respectable 41.4 hp. And, given its displacement, it shouldn’t come as a surprise that the baby MT is quite fuel efficient. The Japanese marquee claims that the 2023 Yamaha MT-03 returns a generous 56 miles to the gallon.

Despite its more compact and humble approach, the MT-03 does stay true to its roots. Yamaha has equipped it with a wide handlebar and a tank design that allows for an upright and comfortable riding position. Braking is handled by a 298mm disc brake up front and a 220mm disc at the rear. ABS, meanwhile, comes as standard on the 2023 Yamaha MT-03. Lastly, the entry-level naked also comes with an LED headlight, tail light, and indicators.

The 2023 Yamaha MT-03 starts at $4,999 USD / $6,599 CAD.

On this page: we’ve curated specs, features, news, photos/videos, etc. so you can read up on the new 2023 Yamaha MT-03 in one place.

2023 Yamaha MT-03

Model Overview

General Info

  • Price: $4,999 USD / $6,599 CAD
  • Key Features:
    • Dual-channel ABS as standard
    • LED lighting all around
    • LCD instrument cluster

Main Specs

  • Engine: 321cc, liquid-cooled, parallel-twin
  • Power: 41.4 hp
  • Torque: 24 lb-ft
  • Weight: 373 lbs (169 kg)
  • Seat Height: 30.7 inches (780 mm)

2023 Yamaha MT-03

2023 Yamaha MT-03 Specifications

From Yamaha


Engine 321cc liquid-cooled DOHC 4-stroke; 4 valves
Power 41.4 Hp
Bore x Stroke 68.0mm × 44.1mm
Compression Ratio 11.2:1
Fuel System Fuel injection
Starter Electric


Clutch wet multiplate clutch
Transmission Constant mesh 6-speed
Final Drive Chain


Suspension Front 37mm KYB® inverted fork; 5.1-in travel
Suspension Rear Single shock; 7-step preload adjustable, 4.9-in travel
Brakes Front Hydraulic single disc brake, 298mm; ABS
Brakes Rear Hydraulic single disc brake, 220mm; ABS
Tires Front 110/70R17
Tires Rear 140/70R17
Fuel Tank Capacity 3.7 gal


Spark Plugs
Headlight Projector
Tail Light LED


Length 82.3 in
Width 29.7 in
Height 42.1 in
Wheelbase 54.3 in
Ground Clearance 6.3 in
Seat Height 30.7 in
Wet Weight 373 lb


Warranty 1 Year (Limited Factory Warranty)

2023 Yamaha MT-03

2023 Yamaha MT-03 Features

Additional Features

Digital LCD Instrumentation

To match the MT-03 Hyper Naked’s radical looks, Yamaha has fitted a stylish LCD meter that provides easy-to-absorb information.

Dynamic Mass Forward Design

Yamaha’s Hyper Naked bikes are instantly recognizable thanks to their aggressive and powerful design. A sculpted fuel tank cover is designed to fit snugly with the rider while the lightweight air scoops enhance the look and feel of the mass-forward body design and highlight the dynamic MT family look.

Ergonomic Riding Position

With its compact body and low 30.7-inch seat height, the MT-03 is a joy to ride whether you’re escaping traffic or having a blast out on the open road. Behind the aggressive bodywork, a specially sculpted knee area and fuel tank cover work with the high-mounted handlebars to provide an agile and ergonomic riding position.

Stylish LED Turn Signals

Light-Emitting Diode (LED) elements are used for both the front and rear turn signals. Not only do LEDs offer long life with minimal power draw, they provide brilliant illumination for confidence and visibility, during the day or night. The MT-03’s dynamic appearance is reinforced by the LED signals that perfectly complement the bike’s aggressive looks.


Inverted KYB® Front Fork

The MT-03 features an inverted KYB® fork with optimized spring and damping settings, delivering more solid handling when compared to motorcycles using conventional front forks.

Lightweight Diamond Frame

The compact diamond-type tubular frame’s combination of low weight and immense strength gives you neutral handling and easy maneuverability in traffic. With its inverted front fork and rear shock with complementing settings, the MT-03 is ready to carve through the twisties and get your adrenaline flowing!

Long Swingarm

The MT-03 is equipped with a 22.6-inch long asymmetrical swingarm that provides a planted ride during braking, cornering and acceleration.

Monocross Rear Shock

The seven-step preload adjustable single-shock design is tuned to strike a balance between ride comfort and sporty performance with capability across a wide range of uses, from urban commuting to extended rides into the twisty canyons.

Potent Braking with Standard ABS

The 298mm floating-mount front disc brake ensures excellent stopping power, supported by a 220mm rear disc. The MT-03 ABS model also features an anti-lock braking system to boost rider confidence and prevent wheel lock-ups in reduced-traction conditions.


Advanced Cylinder Construction

Yamaha’s unique DiASil—a high-silicon aluminum alloy—is used in the cylinders to ensure excellent heat dissipation. An innovative offset cylinder design helps reduce friction and provides better efficiency, quicker response and great overall engine performance.

Compact Exhaust System

The short muffler design features modern styling and helps to centralize mass, improving agility for ultra-responsive handling.

Modern Fuel Injection

Downdraft induction fuel injection system provides easy starting, excellent fuel economy, and responsive performance in all conditions.

Potent Twin-Cylinder Powerplant

Yamaha’s 321cc liquid-cooled, inline two-cylinder engine delivers excellent power and performance throughout the rpm range. With a 180-degree crank design and integrated counterbalancer, the layout minimizes vibrations for a smooth, refined engine character.

Six-Speed Transmission

A smooth-shifting six-speed gearbox ensures the rider always has the right ratio, whether riding through tight city streets or on the open highway.

Smooth & Useable Power

With double overhead cams (DOHC) and four-valve cylinder heads, the MT-03 engine provides easy-to-manage power at low rpms with strong rpm power—ultimately delivering an exciting ride with a broad spread of power.

Strong & Lightweight Forged Pistons

Forged aluminum pistons—the same technology in the MT-10—contributes to reduced power loss and lower vibration levels. This design results in minimized vibrations and smooth running, even at high rpm.

Top Features

37mm KYB® Inverted Front Fork

The MT-03’s serious big-bike specification is underlined with the addition of an inverted KYB® front fork. Equipped with 37mm tubes and a cast aluminum upper triple clamp, the front end reinforces the bike’s high-specification and delivers a confident and smooth ride during braking, acceleration and cornering.

Aggressive Next-Gen MT Design

There’s absolutely no mistaking that the MT-03 is a member of Yamaha’s legendary Hyper Naked family. With its aggressive front light assembly as well as bold air scoops and a sculpted fuel tank, the MT-03 gives you the chance to become a true Master of Torque and experience the most dynamic ride in the class.

Dual Position Lights with Singular LED Headlight

The dynamic MT-03 looks cool with its dual angled position lights that emphasize its aggressive big-bike looks. A single compact and powerful LED headlight burns a hole through the darkness to light up the road ahead.

Smooth & Easy To Ride Power Delivery

This 321cc liquid-cooled two-cylinder engine features lightweight forged pistons and carburized connecting rods, delivering easy to manage power in the low rpm range with strong high rpm power. The extremely light clutch feeling makes the MT-03 even more fun in the city, while its offset cylinders and advanced fuel injection system ensures smooth throttle response.

2023 Yamaha MT-03 Photos

2023 Yamaha MT-03 Videos

Yamaha MT03 vs MT07 – Which is Best for a Beginner Rider? By CycleCruza:

Yamaha MT-03 Review by Srkcycles:

Yamaha Motorcycles Official Websites

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