The above picture could be Yamaha’s response to the Honda CBR250R. The design of the YZF-R250 seems to be based on the YZF-R15 and could feature a single cylinder 250cc motor. The design of the R250 features a more sporty fairing, split seats and R125 inspired swingarm. The above bike looks similar to the Yamaha bike spotted earlier (here). There is high possibility that Yamaha has revised its plan to launch a 250cc bike rather than a revised R15, post the announcement of the CBR250R.
Source – MCN